The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-09-22
0onkERCIAL AFFAIRS.


The stock market continues active ana bu0yaut Mica
rsgua Erie and Reading take the lead and likely to
bold For the past two days Cumberland Coal stock
has quiet The books have closed snoe ysster
day win remain 80 until the 27th inst in the mean
time the old stockholders viii have the privilege Of SUBJ
scrbng to the stock. There is doubt but that
the issue win all be taken at the price fixed BY the
Company Nicaragua Transit destined to touch much
higher prices Parties who few weeks since large
sellers are the other side and have been heavy
purchaser There may be reactions and fluctuations LOT
Is the object of buyers not to prices up too rapidly
Where all purchasers the advance Il likely to be most
rapid BY Withdrawing from the market for time the sup
ply may accumulate and prices droop little when
purchasers can in large lots without creating much
kcement great deal Of care Is necessary in getting
lacorner stonington has been quite active lately
rdrrices have improved several per cent Harlem has
eerin demand but the market value remains without
ny material alteration. 1t is Of the most difficult
locks on the list to move. The bears in Long Island
,gettipg themselves still deeper in the mirc but prices
rule high that those who do not sell this stock
will doubtless make great mistake. Long Island,
Rt any thing like present prices is by cheap.
small lot Of ST. Lawrence Mining Co was sold day
at two per cent This stock is worth than double
that price The weekly reports from the mines are most
satisfactory, snd the machinery recently pur
chased is in active operation the company viii smelt
fll five tons Of pig lead daily. Within the next ninety
days this mine will without doubt show results that win
9sonIsh the stockholders Most of the mining stocks
bow in the market present favorable pro poets Very
Jew shares offered at the board. They are well held
Ind will not press for sae.
u The three days later European news received by the
africa show that there had change worthy of re-
mark any of the markets Cotton was quiet and corn
JUL
An extra session of the Missouri Legislature is now in
Session for the purpose Of considering grant of lands
made to the State Of Missouri aid in the construction
Of the Pacific Railroad. and the Hannibal and St. Joseph
Hairosd The Governor recommends that the lands be
granted to companies, and they be authorized to issue
bonds secured by the lands for the construction of the
roads.
The Bricgeton Chronicle states that the contract for
grading and bridging the Camden Absecom Railroad
has been taken by responsible parties at about three
Thousand dollars mile The distance from Camden to
The beach is ftynne and quarter miles through an
unusually level country. and the time required it is
Thought, will be about hour and half The estimated
Cost when completed and equipped is within 100000
for hftytbree miles the road is in straight line and
there is no curve it of less than mile radius The
company hold some two hundred Of land at the ter
minus OF the road which it is proposed to suitably i'm
prove Over Sl5o.ooo has already been subscribed
We learn that the surveys of the Louisville and Nash
siie Railroad are completed The of the road CON-
&c estimated at S. 100000 OF this amount the CITY
Of Louisville has subscribed 81 100000, and large
amounts have been also subscribed by couaties on the
line, and by individuals Tennessee will be called upon
TO subscribe another million which said to be all that
is now wanted to carry the work rough
Compared with prices the close of the mar
ket yesterday, there has been an advance In North
American Trust Of u per cent; Canton Company, i;
Nicaragua, X Erie Railroad, "a; stonngton q; Reading
Railroad =, touching par; Hudson River Railroad IL
New Haven and New London Railroad /; Northern In.
Diana Railroad, ~ Edgeworh, "a Harlem declined a
per cent Long Island, a. At the second board Dau-
phin Coal Company advanced "a per cent; Nicaragua
"a stonington, -; Harlem, al Erie Railroad, "a Can
ton Company declined "a per cent.
The receipts at the Office the Assistant of
this port to day amounted to Sl96o9i o6; payments
&l6 46oT1-baiancs, 81, O51 3l4 65.
There been active demand for foreign exchange
to-day, for remittance by the steamship Europa, for
Liverpool to morrow, "wednesday We quote bills
Lonson at 1o54 1oIk per cent premium; Paris
SC I3si ST. I21s; Amsterdam. Al Al Bremen 20 a
yai4 Hswburg, 366 36A. This steamer viii, not take
out q very large amount Of specie-probably not
four hundred thousand dollars.
The annexed statement exhibits the quantity and
Of certain articles exported from this port during
1he week ending and including Saturday September IS
gushing the destination and extent Of shipments to
escb place -
CoMsrsor OF THE PoRT OF New YcRK-WEEKLY Exports.