The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-04
COM M e RCIAL AFFAIRS
MON EY Nj RK EFT i.

THURSDAY, Aug Sc Z Nj.
The stock market opened heavy this morning Trans
actions to limited extent and prices slightly
depressed At first board Nicaragua declined Il per
ent Montgomery Mining, al Morris Canal, u; Erie
Railroad 81: Harlem, u; Reading Railroad, -; New
jersey Zinc II. Delaware and Hudson advanced per
cent from last sale; Panama Bonds ~ AT the second
oord Montgomery aiming declined Ia per cent? Read
ng Railroad, ~ Erie Railroad, H. There greater
ctyity at the afternoon board Notwithstanding the
decline in prices, and the operations principally
cash The market closed weak. with downward ten.
6ency.
We have repeatedly cautioned the public against the
bubbles which have appeared under the of mining
companies, and which have sought. without intrinsic
merit Of their own TO establish current value
thing but similarity of name and object vii those which
has proved be sound and meIitorous As far
have yet acertained the New Jersey Zinc Company is
the only possessing the reality Of valuable mines and
expeditions and economical modes of working them yet
find candidates for public favor pressing their
claims under of the Of this company with
which they have point in common. 1t needs
only the stock list for the last three days
prove that these mushroom projects fade with the
rapdity with which they rise.
The annexed statement exhibits the value of merchan-
disc and specie imported into this port during the month
ofJuy in each of the past two years
COMMERCE OF TN P0nT or New Yens-Jrlr I'rOrT'
Dutiable Goods s12a74,7ol sl1,.5si17 dec. s92l5
Free Goods. 1027,4Sl ol5154 !" III 327
Specie. sl,l48 15ooe7 inc. eso2t
Total ....... s13 4s3,325 sl251s3Ss dec. so6ies7
The Withdrawals from warehouse during the month
were 0o5 500 warehoused during the time Si23
30 The total value Of imports and exports to this port
during the first onths Of the past two years
as annexed
Hronrs EAronrs THE POM OF New YoRx.
First months. 1901. 1897. lS12.
sssss5 900 s5!.Sst;2s 81 assyIs
Excess ofimports >. So l64s54 s3cooo5 e4 s2o74oeo
The difference in the balance sgainst in the foreign
OF this port during the first months Of 1S52
compared with the period in 1851 was only
81 olo9o appears by this that both the import and
export of the port has considerably decreased leav
ing the Of imports upwards Of two millions OF dol
lars less than the st Of August 1851 This not
such favorable exhibit furnished at the close Of
the month June The difference in the value OF exports
from th port this year. compared with those for the same
period last has been almost entirely in specie In 1851
~ TO August first the value Of specie exported
s5 ds5 This year, TO the date, the value was
sl5 GO5o0s Decrease this year So492o7 which cores
ponds very nearly with the total decrease in exports rs
shown in the above tables.
The receipts the office Of the Assistant Treasurer or
this port to-day amounted Sl55 2lQ &c payments
Sl96o93 5o--balance sf,312,240 a.
The steamship Hermann, from Southampton, brings
four days later intelligence from Europe The news is
not important and does not vary in any material point
from that received by the previous steamer Quotations
for cotton steady but the markets were in
active
The City Fire Insurance Company have declared a
semi annual dividend Of ten dollars Per share the
Citizens Bank four per cent the N. " Life and Trust
Company, five per cent
In July there were 727 arrivals AZ Boston Of vessels
eoastwise and 365 foreign clearanccs, 36 foreign 34i
coastwise Gold imported since January l. S525 23+;
silver, s5o2s7 Exported gold s1,776475 49, silver,
S110537 40.
The receipts at the Philadelphia Custom House. for
duties on imports during the first months Of 1852
amounted s24lo052 So against 81 $4,000 o. for the
same time in 1s5l showing increase this year OF 500
| 549 ~.
The arrivals at the port Of Quebec to the Soth Oh 'o'
inclusive this year were 527 tonnage 22eiso' Lass ye'
arrivals 1885, tonnage 305,9o3, Less TINS year "i''"
1896 tonnage 761ls. ,.c.
The following questions and queries relative o'u"'
b.njng institutions generally and the North Ameuoan
Trust and Banking Company particularly may oe inter
estno 10 certain parties who have recently purchased
,b, s,oc,, in anticipation Of another division Spccu'a
80 i, ,,. class of stocks IN Wall street, seem to care
- ,,uo for the doubts and uncertainties which from
49,. -, time arise relative to the legality validity Of
,.,e transactions They 60 In tor profit II they are