The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-05-07
Com MERCIAL AFFAIRS,
M O N Z u M A II X f II.

The leading stock to- day on the list Harlem which
opened very active but prices not sustained
the opening There was fair amount Of business done
in Erie and Reading but holders pressing forward
their supplies and at the close the market heavy
Railroad bonds continue active and firm quota
tons. This class Of securities is improving the bust
of the various companies increases The first mort
gage bonds Of all leading railroads among the
safest investments of the day All the expenditures
made these works after the issue these bonds add
much to the security Bank stocks have for days
past been rather quiet The large dividends recently de-
cared by nearly all the banking institutions coun
try have attracted the attention Of capitalists and this de-
scrpton OF stock has been considerably inquired after
most Of the bank shares of this city command handsome
premiums The many banks lately established have
thrown stock upon the market than usual for dtri
button but after time they will settle down in the hands
OF capitalists and be withdrawn from the street Edge
worth in demand to-day at advance. This an
Eastern land company which has been well managed
and will. without doubt ultimately prove produtiv
investment. few months since this stock sold at SO
per share According to the last report of the company.
made years since the shares estimated to be
worth S12 so per share Since that time assessment
has been made Of 90 per share to pay of the floating
debt The East Boston Land Company stock which was
sold last summer at S33 per share, selling at So
The last official valuation of this stock since the in
PRODUCTION Of water was $50 per share. The Essex
Land Company has advanced in market value within
few months from $50 TO slo5 per share, and is not
plenty that price This stock has sold high 5000
per share These all Eastern companies managed by
Boston capitalists whohayc fairly established them the
regard confidence Of the public The stock the Can
Land Company Of Baltimore is extensively ope
rated in here than either Of the others above named
the company have three thousand of land part
which is on the bay Of Baltimore, comprising many
valuable wharf lots. At valuation Of cent per foot
the stock is estimated to he worth 500 per share 1t
viii Of course bc time before the property OF this
company will he productive and the above valuation Is
therefore prospective This stock is selling, in this
city at $50 50 per share. We notice small sale Of
Phoenix Mining Company at an improvement, Coal
mining and coal transportation companies steadily
working upward The coal business in this country is des
tined the lapse ofmany years to be immense Con-
sumption increasing rapidly that without greater "a
clitie fer getting the material market the
ing Of greater number Of mines the supply will hardly
keep up with the demand. Delaware and Hudson closed
frm at quotations Holders feel confident OF an adj
Of importance Morris Canal has not moved
much this season Its prospects very poor and the old
stockholders may just well make up their minds
last that any kind Of dividend is entirely out Of the
question The preferred stock and funded debt will absorb
the whole earnings from this time forth.
At the second board the market not worry wei
sustained Compared with prices in the morning
there a decline in Delaware and Hudson Of Z per
cent; rhcnx Mining Company, 9s Erie Railroad, 4.
Norwich and Worcester, a. Erie Income Bonds ad
vanced i per cent; Convertibles 1852 ri New Jersey
Zinc q.
The receipts at the Office OF the Assistant Treasurer
Of this port to-day amounted to S73214 rs payments,
s373,7ll ss--balance. s3.5la6eo 81
The steamship Europa, from Liverpool, brings three
days later intelligence from Europe The news is not i'm
pcrant but particularly interesting Later adyces had
been received from Australia and the gold accounts we're
extraordinary than usual Upwards Of two Of
gold had arrived in London the mines and the
prospect Of still greater receipts attering The
cotton and corn markets remain without alteration,
either regards quotations extent transactions
The London Money Market continued easy-capits most
abundant the rate Of interest at the reduced point
and stocks inflated full much previously reported
| The Australian intelligence must have immediate
effect financial and commercial aisrs, Of the most
favorable character II appears to be the impression
that California will be second country as the
| production Of gold dust Is concerned
The receipts Of the New York and Harlem Railroad
Company for the month Of April 1862 amounted to
sol 0l6 70, against $4,000 So for the same month last
year Increase in April 1859 81 43j % equal about
twenty five per cent.
Tho message Of Gov Seymour "a The Legislature n Tho
State u Connecticut gives euoyursziny account
q The finances than anticipated as4vsb.,abding
The unusual increase IN cYpeDses ssss y, , BF,fartcI
tcFsion u 1851 the actual ~. e.,e . ssi year
just closed. were lcss than sst = t,7.,.t yet rhs
ordinary cxpcn@.s u ~ I.f.. ts 5. ta. gs, euiins
&a.sG = l'S9 sls-S' n "tF =. 1Ass!