The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-23

Coal stocks have been operated In In ANNA srtent
this season, and prices have run nm rspidly.
Nicaragua Transit has nuosuated considerably eaussd
by movements between the ins and the outs Certain
parties have for time past been anxious to gst the
control Of the company. to manage It's Affairs in
certain way. To accomplish this object attempt was
made depress the market for the purpose buying In
at lower prices The operation has been TO sell few
hundred shares in lots of fifty each, ct prices conde-
ably below the previous market value and then through
other agents. buy In many shares possible without
causing reaction This is frequently reserted TO- but
does not always succeed The In view In this case
Is to combine possible, the steamship and transt In
fuence and place the entire line under and the
management. 1t has been reported that the steamers
would be withdrawn from the line (both the Pacific and
the Atantic) in the event of the outside parties not
succeeding in getting controlling influence In the affairs
Of the transit company but there very little danger Of
either Of these objects being accomplished Tho steam
employed this line be used for any other
purpose Every other line supplied and compet.
ton has already reached ruinous points put these
steamers any other route would prove most disss-
trous to the propretors and the transit company now
give them the monopoly the Ncaragus route to
the exclusion Of all others, they would make most
fatal movement to give up such profitable privilege
The steamships the line completely In the power
of the transit company, and the managers Of that
company disposed they could dictate their own
terms The steamship owners know this very WE'LL but
not disposed TO admit it, the contrary it reported
that they have threatened withdraw steamers and
let the transit company take of itself. We have
too much confidence in the tact and shrewdness Of the
principal manager Of the steamship line believe such
reports Should fuch q movement be made his shipe
would lie idle at the docks engage in losing contest
with steamers other lines The transit company
could establish line Of steamers in week. II tho
old boats should withdraw and Is the opinion of many
large stockholders in the transit company that it would
be for their interest to the outside route Of both
oceans for competitors The inside part the line R
learn in admirable order. and the transit from the
Pacific to the Gulf rapid and comfortable. The financial
negotiations relative to the canal company, been
full Us favorable anticipated Whatever delay may
take place in filling up the capital Of the ship canal COM
paDy will be advantageous the transit company Is It will
retain the monopoly Of transporting freight well pas
engers for longer period Nicaragua Transit is there
FORE In the face OF all the movements going to deprcss
prices, Of the chespest the list and hit
must be borne in mind by holders that those engaged
In bearing the market viii be the largest purchasers when
the lowest point has been touched In other stocks there
has been no movement OF any Importance Prices have
been comparatively well sustained and the transactions
to fair extent. Erie Railroad has been rather more
active than usual and the issue of stock finds pur
chasers without depressing The market value OF the old
Harlem Railroad has down again to the old starting
point. There is evidently good for this de.
preston but it does APPEAR Stonington has for some
days past been quite and outsiders have taken
hold Of 1t pretty sharp The financial affairs OF the COM
pany are in the first place in very favorable and rapidly
improving condition. in the second place this road
will form link in the land route to Boston. By
steamboat connection stonington to New London
distance of only about fifteen miles would be the most
comfortable day line between this city Boston The
steamboat travel would be just time enough for passen
to dne smoke their serar and stretch their legs
and they would be sufficiently rested to continue their
journey without fatigue Reading Railroad with less
backbone than any other railroad stock the list is
firmly maintained. 1t is enigma that will be solved
Of these days. perhaps the establishment of Of
the large outside holders New Jersey Zinc has been In
active demand lately and amidst depression has been well
sustained
John G. Winter President Of the Bank Of st. Marys,
has published the following card the Alabama Journal
in relation to the present condition of the bank -
the information OF The creditors of the Bank St.
Maryr suljon condensed statement of It's condition
on the 23d Of Arl last when suspended payment and
OF its condition the 18th july about eighty days SUBJ
edsess including circul ,sion deposits outstanding
checks. &c, S5S5Ss "a On the 18th of July the
entire Indebtedness embracing every form liability
was S251 1l5 So; thus exhibiting redemption in eighty
days of no less than 1894 773 S2-which does not
include nearly 100000 Of my own small change bills
That nave been promptly redeemed in that period pre-
septed. embrace this oppor unity renewing nv as
kurance 70 the public that my efforts shall continue
RENTED to redeem the issues Of the bank and that SO
far from Its being nsolseDt it will be able within rea
onable time to redeem at its entire liabilities her
gooo asfes amounting TO more than double her present
Indebtedness.
We are informed from reliable source that the stocks
which have been deposited security for the circulation
Of the National Bank Washington are placed in the
bands OF Messrs seden Withers Co bankers of that
city, and cannot be withdrawn except on the return Of
the notes. The responsibility of the house in question is
nd h.
under these circumstances is unquestioned Mr. John
Thompson, at the OF Broadway and Wall street,
holds himself responsible for the redemption of the notes
Of this bank, at half per cent discount
Ine New Haven journal that the road from that
cy 10 Middetown being portion Of the proposed air
line road will be put under contract as soon as the New
Hayen subscriptions have been renewed This ia dee.
Cd necessary IN order to avoid all dispute upon the vail
dify Of the subscriptions.
The steamship AtIsntic from Livernool br;rc0 e,,r
days later intelligence. The is highly important
and favorable in a commercial point of view Political
~ II Is not even interesting Quotations cotton re-
main without alteration and the market quite mac
i've Breadstufs were improving The harvcsts In Eng
and were rot 20 promising previously reported The
Tor some days before the departure of the steam
er' mao been unsettled and considerable uneasness had
oeen caused IN consequence Of the maturity of the
crops BY the accounts received from the agricultural
:, -. 49, "As'' uiu oech moss seriously in-
Jured py oght and midew In nj on this great ears
were entertained relative TO tn potato crop The pota
10 disease was rapidly spreading In Great Brit ain and
ireland Enough already known in relat On to the state
u 'ne gram ana potato crops to make it certain that du
ng tbe next twelve mouths large importaons of food
INTO the United Kingdom will be required This is most
encouraging Intelligence for tho agricultural classes on
TINS side Of the Atlantic shall find very extensive
markets in England for large portion our mmesc sur
plus at highly remuneratins pri,cs We consider tho
accounts received by this steamer important than
any We have received for long time and as It circu
ia'es through the country, will give o great i'm.