The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-09-15
COMMERCIAL AFFAIRS.
m EX MAR X E r.

AutrnsN. sept. l3-o II. d.
We have no change 70 report in the stock market to-
day, either regards prices demand IL will be seen
that isrger portion the transactions this morning
than usual fcr cash At the first board Nicaragua
Ira nsit deo,nsd u per cent Cumbes land Cod =
Florence 4 heyport y Penn Coal z Long Island
= Norwich n Worcester = Michigan Central Rail-
road a. Stopington advanced "a per cent Reading
Railroad Y Erie Railroad = Canton Company 81. At
the second board North American Trust went up per
cent N J. Zinc u Cumberland Coal Il StoniDgtcn
ia. The market closed buoyant and holders
by no means anxious realize The bears have been
the greatest purchasers DAY and have taken advan-
tage OF the depression az The past day two to make
good some OF thei- contracts The that
Mr.. Vanderbilt had resigne had unfavorabie nflu-
the market Of tho stock. That gentleman
has not soeG with tho company long time, and had
virtually Withdrawn its presidency several months
since The decline in Cumberland Coal stock is merely
temporary movement Of operators Tho shorts get
ting rather cautious and DO not put contracts in
this stock freely formerly Long Island has re-
ceded fraction but the shorts completely in tho
hands of ths bulls.
TIE at the office az the Assistant Treasurer Of
this port TO day amounted 10 $4,000 payments sle-
165 oo-balsuce So 6ti $50 20.
sstemS TO the eoc. that lain proceedings had
been commenced against tho New York and Montgomery
few days since, which has been denied 1t is
currently reported the street that the original state
mt Mt correct the mn points The necessary all
uavts and documents have been sont to Albany to be
laid Before the Atorne. General which 20 found
application for leave bring action for the purpose
vscanx The charter and punung the existence Of said
company.
Within the past few DAYS there has been an active
speculative movement in Boston in the stock OF the Yer
I.r Eutl,
from fourteen 20 nineteen dollars per share and the sales
have been exceedingly large The Boston Courier says
that IL ID not expected that the earnings this year will
than the rent, interest and expenses but
moge favorable result s p edcted for the ensuing year
The income Of the whole inc which is 15 miles ncludin
the Canada road $4,000 in the Quarter; $l45
900 IN the second quarter and $4,000 In Juy making
S297 coo in the FIRST months An income Of $50 900
for Eve months more, would make the years business
amount 70 nestiy $7C00 oe The both roads when
completed with snge track will be about SO COO
siz:-CsDada " millions and the Central ~ millions
cay millions In stock 81: millions in debt II is
thought that the iocoe year may reach 5000
which would leave $3.50 600 net. TO pay the eight per
cent rent of the Canada road per interest on
the mortgage bonds about dollar per share on
the 100000 shSres Of capital stock Fifty thousand
shares Of this stock having been issued at $50 per share
two years sgo the average par is but Soconseauently
the stock boirg sold at discount of over three
millions OF dollars leaving the Of the whole property
to present purchasers but millions an outlay Of
about ten millions loss to the original subscri.
bers Of thirty per cent and costing the corners but
seventy per cent
The annexed satsuen exhibits the quantity and valuo
Of certain articles exported from this port during the
week ending, and including Saturday Sept H. distin-
gushing the destination shipments to each
place