The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-11-17
FINANCIAL AND COMMERCIAL.


there being session Of either board the operations
were outside principally among the brokers' Prices
rent were above those ruling at the close yesterday
Erie Railroad opened at s9 and closed at so Nioara
qua Transit opened at 2o and closed A. 201S per cent
From the anxiety Of purchasers to I'LL up their lists the
probability is that the market will open actively to-mor
row. and that quite . speculative movement viii be
realized. Erie Railroad appears to be the most
promising stock the list for spsoulstors Long Island
remains quiet and our impression Is that the will
not rake much progress at present. 1t has become
enormously inflated and hsders will find 1t difficult to
sustain current rates This has been irregular day in
Wall street. and transactions cannot be considered
criterion Of the real state Of the To- the
usual routine will be resumed when shall be able to
form correct opinion relative to the future course
Of prices for stocks generally.
The receipts at the occ Of the Assistant Treasurer Of
this port to cay amounted to S35,647 CT; payments,
S27 or 74-balsnce 1861 sos 10 The Custom House
closed to day at II o'clock.
The Pacific Bank has declared semi annual dividend
Of four per cent.
There will be large sale Of railroad bonds, bank,
railroad and insurance stocks. at the Merchants Ex-
change to morrow wednesday,, at IL o'clock.
The tolls received at the elce OF the Illinois and Michi-
Canal in Chicago for the month Of October amount
Cd to $14521
The water will DO let out of the Delaware Division of
the PENNY lvania Canal the 10th Of December tits
let out thus early to afford time for tho extensive repairs
said to he required before the next spring opening The
time named will Of end business the Lehigh
Navigation.
The Delaware and Hudson Bank Toms river, and tho
Farmers Bapk Freehold New jersey have given notice
Of their intention to close up
The gainesville Telegraph states that the connection Of
the Cleveland Psinesville and Ashtabua railroad with
the Erie and Stats line road will be completed in the
course Of week; there will then be continuous line OF
railroad rcm Buffalo to Cleveland which there will
be four daily lines Of The connection of these roads
with the New York and Erie Is at Dunkrk
1t by certain that the people Of Mississippi
have voted levy special direct tax for the payment
Of the old Planters Bank Bouds;' recent accounts
make the result very doubtful Under tho old contitu
tion Of Mississippi the State chartered tho Panter
Bank Of the State Of Mississippi" with capital stock of
$4,000 0oo OF this capital two millions reserved
to the State, and tho remaining million left to indi
vidusls was subsequently increased to two millions.
The individual stockholders paid up but the State only
and sold M bonds for $500 coo Of the amount
reserved The bonds not being issued to the bank but
negotiated abroad. The stock subsequently invest
ed in the Natchez railroad and there sunk together
with the sinking fund created TO meet the bonds These
boId were afterwards repudiated BY the State and the
that State
The receipts Of the Lexington and Frankfort Railroad
Company for tho six onths ending Oct. 3lst amounted
to $40 s5 o. expenses in tine SIT sos o0 net
ceipts, S22471 IS
The stock Of the Cary Improvement Company has lately
been put upon the books OF ths brokers boards OF this
city and has been quite active In the street since
This new land company, near Boston an account q
which we take from the Journal Of that city.
The Cary property possesses many recommendations
Examination The old fsmi iaa SAYING Of dad :.
long since became obsoste and now thst place once
stgDatized is Of the most thriving and
towns which from their immediate proximity aud close
relationship con.idered essentially part and parcel
Of the city Of Boston itself within few years. the
astopshpgiy blocks OF dwelling houses and stores have
sprung like magic and tho value OF property has
cas.d In CORE. bonding degree In lsSe tbs ss'esed
throp snce set of 1928 047 for this year exclusive
OF these two it exceeds four millions Of dollars.
The svesge increase FOR the last ten years h been at
the rate Of thousand dollars per day. The
Cary property an integral part Of this prosperous and
Il destined to make participate in all the advantages
eDjoyed by the adjacent lands Some dsa Of its extent
may be gathered from the fact that 1t comprises one
third Of the whole town Of Chelsea and Of
than third Of the whole Of Boston proper in other
words more than onexth Of the whole county Of suf
Cary estate Is estimated at COO and at the present ratio
Of increase 1t is supposed that in 1860 II will amount to
10000 The spreading OF this broad wave Of settlement
inevitable and the Cary lands easy Of access BY
tho winnisinmet ferry and coon TO be reached With
much greater facility BY the Ea,tsrn railway, which
passes directly through the territory destined to de-
velope with great rspdity within the last two years
the Assessed valuation Of this important property
Dea, doubled and - Jet tho hand Of enterprise has but
gently touched 1t.
The Royal Gazette publishes statement of the imports
and exports Of Prince Edward Island for the past year
from which We learn that the exports amounted ia
fI51847, and the imports to ELS 987 in round mum
ber leaving balance OF nearly 932 $50 in favor Of the
trade Of the Island. Among tho principal articles
ported SO vessels, Of Is 721 TONS which sold at e,
currsncy per ton amounting to f62 1884, boards and doA
to the snouns Of fio 1885, 80 5sl bushels barley, fol
"a ts7; dry ard picked fsh to the amount Of f9694
365 COS bushels oats amounting to f27 4a7 377 bushe
oysters ut f31s; 158569 buthes potatoes valued at
ell se2 timber Co. at f0 SIS and 1870 bushels whea
at fs0o The revenue Of the island Is rapidly on th,
increase and betotens improving state Of affairs Ii
this fine Island
In consequence Of the refusal Of cur marine insurance
companies TO open any policy Cumberland coal gsinl
t, the Pacific the Navy Department has been compelled
to decline conditional purchase Of 1900 TONS thus Civ
ing to the anthrscie companies the exclusive monopoly
in the supply.
The Mercantls Insurance Company Of Bestsn haze
declared semi annual dividend OF FIVE per cent.
Tho receipts Of the Pennsylvania Railroad, for the
monsh ending October 81 wers for freight and pa
gers $144.094 81
Same period Of 1851 100 1870 05
Increase. NEUTRALITY-SUSPICIOUS.. $43 06l Al
Total increase from jan to Oct. 81, 1852
over same period 1851. sss4 27s 1,
The annexed statement exhibits tho quantity and value
Of ceran articles exported from this port during the week
ending AID including Saturday the 18th Of November
distinguishing the destination and extent shipments to
each place.
Co,lMKncr or THE roRr OF New Yoax-WEExLr Exrsnrs
Wheat, bush ....................16b1 1904
Total SIS, l5T
LIVERPOOL.
Cotton. bales o61 S162 SOC Horn tips, cks tl03
Flour, bbls. 500 40 ass Books, cases.. SOS
stores. LOCO SPA Beef bbls..... "a 400
Apples $50. 1855 1865 /, X. goods, o. IL loco
Sperm oil, gals S72 1854 Cobalt. $500. IL see
Staves...... .A,eG8 400 Tobacco lbs.lST25 Ssi
WHEAT. hukhS4 1914 6AQal XhslehonA n Cos q I6I