The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-21
COM N ERCIAL AFFAIRS.
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MON E.Y NJ "A II X EFT,
IR1nAn Anrnsi .!

L. Ii.
There were large transactions in the stock market to-
da but Prices in several instances considerably
depressed. Cumberland Coal Company and Nicaragua
Transit Company suffered the most serious decline At
the first board the fermer fell off c per cent and the
latter two per cent. Only few shares of Nicaragua
were scld. New Jersey Zinc declined x per cent
Montgomery Mining 1s Dauphin Coal Company H Efic
haiIoad III Indiana Canal rrufrred S. a. Harlem s
Norwich and Worcester ii Reading Railroad. 4: aua.
Rniroad, y. Utica and schenectady Railroad ad.
sanced per cont; Florence and keyroEt "a; Hudson
River Rsroad bonds, first mortgage ~ Kentucky 6s,
:. ahe market to doy q whole, was far from being
hUCyart. Il would lie difficult tasi, to attempt to
.iIc satisfactory fer this sudden change faw
Days since there not the slightest doubt the minds
u nine cut 1 every ten operators in the street but that
steady upward movement in the stock market would
&c exI eIsoneed The present depression Eaay be but
eD.poTary and It is impression that the effect will
&c good 1t shows cautiousness the part Of epecu
ators calculated &c have favorable influence upon ope
cations and prevent too rapid too great cz psnson
these reactions tend 10 preserve healthy tone in the
market and therefore likely to cause very serious
losses to the parties interested within the past three
four days there has been more active demand for
money but the supply has been sufficient to keep the
rates the street unchanged Last year at this time
the money market suddenly became exceedingly strin
sent and for short period considerable embarrassment
was experienced. Whit the actual cause was 10 one
Las been able to satisfactorily explain The market
rs suddenly relieved and since, it has been easier than
1t was before. The apprehension that another such
csnsrpcton was about being realized may have caused
tho depression in the stock market
At the second board there was no change of conse-
qnonce in the market Cumberland Coal Company fell
~ = per cent Norwich and Worcester AZ Harlem 9S
leading Railroad improved 4 per cent with pretty large
epic he clo ibaray
tendency was downward.
The receipts at the Office Of the Assistant Trea urer Of
this port to-day, amounted TO S11Jo52; payments
500 % i0-balance $6,15e $50 CO.
We have changes to report in quotations for foreign
exchange. The demand~contnues only to q moderate
extent and the supply large enough to enable drawers TO
sustain previous rates. There will DO pretty large
thipment Of specie by the steamship Pacific, tomorrow
Saturdays and also by the Africa Wednesday next
The two steamers will take out upwards Of million Of
collars. In the course Of week we shall have
another large remittance from California.
The valuation of the real and personal property Of New
Bedford, fer tho year 1852 Is sci 37f5to; in 1851 tho
valuation Siool555o; increase in 1852, S758oo0
rhe rate Of assessment in 1852 IS so $1,000 which
u advance Of ten cents on last years rate.
The earnings Of the Boston Concord and Montreal Rail-
road Company IN June 1852 amounted to S15176 %; in
july SIS 7o5 81 against 12 IS in June and SIC 50 II
July last year The earnings for the six months end
pg August 1s this year. S9l 456 against S73s2l
for the corresponding period in 1851 Increase SIT $685.
II is understood that the St. Lawrence and Atlantic
Railroad win be opened publicly for passengers on the
18th l1h Of freight trains may
sooncr--whcn graEd demonstration will be made mt
sherbrooke the Governor General Of Canada having Sig
ued his intention TO be present and the Legislature hay
ing been invited The ShTJookc Gazette mentions that
tho Governor Of Canada has Issued proclamation
horzng private companies TO the construction
Of trunk railway from the eastern portion Of the pro-
vince Of Canada to the Detroit river This proclamation
all doubt about the point Of intersection be-
tween the Quebec and Richmond with the ST. Lawrence
and Atlantic railroad.
Thompson's Bank Note Repate, says that the circu-
ang notes Of the Free Banks In the United States must
10 secured as follows
New YonK.--By United States and New York Stocks
and Bonds and Mortgages-in all the ttocks
be fifty pei cent and In must the amount OF
United States exceed the New York stocks.
INV JtRsEy.-Dy New York. Ohio, Virginia kentucky.
United States and Penney lyapa Stocks Bonds and
mortgages can be used with any Of these stocks for
yrnsroNr by Virginia, Ohio, New York, Kentucky,
Id United States Sucks Bonds md mortgages can be
sod with any OF the above stocks for ono half
CoaErcTicuI-Ey United states New York, Ohio, Ken
ueky vngipia--any New England State Stocks andany
| 'oDrectcut City Bonds.
If.irors-By United States aud State Stocks the
erest OF which rtruluy PAID and Illinois stocks At
weuty uno.r their market value whether inter-
4 & paid or not
ar be- taken az rate tho paid interest which viii be
We per ccut liz Other words Indiana fivs per
eek " the Interest Is pad regularly be used at par
Wt-uresfa-fy LnifeV States aud any State 50 1ck
ie ufed iCr bali the aUouuttbcse nonds must be
J., az. 49, eLs tts eGouG, " s1eb ooR~ Heet Ros