The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-12-08
FINANCIAL AND COMMERCIAL.
MON RY MARK E II.

fluctuations were to some extent At the htst poAto
Dels.sr and Hudson advanced u per cent Morris
Canal Il; New Jersey Zinc, u; Phoenix Coal Company,
2; Hurlem nj Long Island, Al Panama Railway, l; Eris
Railway declined V per cent; stoninston, u; Norwich
ard Worcester *; Hudson Railway, u; Michigan Central
Railway Az: Canton and Nicaragua closed Mt yestsr-
soy,s prices At tho second board the market
little ebaky Some Of the fances fell back several per
cent? but the decline checked saes materially Canton
fell of per cent; Long Island 81 Nicaragua n; Cary
Improvement "a; Erie Railway III Morris Canal advanced
FER cert; Cumberland coal u; Phoenix c,a4 All the
coal stocks the frmost the list The pid i'm.
In prices for the stocks Of tho Phe Coal
Company no. surprising the fact Of It's having
been long depressed 1t has property in the Cum
bersnd coal regions In the very heart Of the coal dis
tct equal to any other company and when the Manas
Gap Railroad lie extended to westernport 1t will have
superior facilities for getting its coal to markt The
company is engaged in opening Its fourteenth vsio
and when fairly in operation, it will turn out much
coal any other single vein in that section We
good why this stock should sell ct prices cor
responding with those of other Cumberland Coal Com
panies but, the contrary many reasons why it
should command prices considerably above those now
ruling, notwithstanding the recent rapid advance.
The importaoHs into this port yesterday and to day
have been rs follows
Brick 5000 ere; beer so casks bleaching powder 100
casks; bristles 20 casks cheese 1873 packages coffee 800
bags; cocoa, 1877 bags coal, III tons dry goods 800
10000 lbs logwood l4l42 pieces Rio Hache wood dyes
65 indigo 20 casks msdder: drugs 28 casks soda
barrels bags Tonqiun 80 alum 93 cases cor-
ice; fish 800 kegs herliDg fruit IS barrels almonds
Cocoa nuts 10000 oranges 4s7 cherries in
brandy O1 barrels Is terces $50 prunes, horns
18C00 hides 81 09 bdes $3.50 barrels goat skins 81 do
desr iron 800 tons rsrsad iron 477 40 busdles $40
Give 25 casks lnseed cask tar oil paint cases DO
tatees ls4S baskets FIen.h rags 1853 bales; rsttans
cases musard spices 126 barrels casks nutm gs
.st bushels spslter S7s plates sugar c2o boxes
essrs SPIRITS Srsasy
puncheons whiskey 2puncheons arck tobacco 513 bales
tin LOCO Pigs aud slabs wool 175 bales; wns es2 casks
tons lignum vitae, 473 bundles willow.
Dec. beer, 1ss casks; bleaching powders IS casks;
brstles - casks; cheese casks cases. coffee l6.s
bags coal ia tons, 400 railroad wagon loads; cement
q barrels Roman cocoa $50 bags dyewsod 49, pieces
Brazil wood 10 tons 90, 9 tons brazilstta dyes Is
mate soda 24O casks soda ash barrels TONGA beans IL
cases corce juice barrels cases arrswroct 6l2
Per Andrew Foster 22S per Jason 11S psr American
Congress 1856 Norma fruit 2Sls6 boxes, $3.50 half
barrels 27 kegs raisins boxes oa2 quarter boxes
600 loose lemons 80 trails 200 mats 1913 boxes almonds
S c half g leo % s
IS bales goat skins 10 do DEER iron 2o bars railroad
iron so72 bars 720 bundles 1881 bundles hoop sos
pigs marble 100 blocks 4e5 marble tiles OIL rs casks
lDseeo 80 boxes olive plaster, 800 tons; potatoes IA
bbs English German rags ass bales; seed 100
kegs mustard "a casks loo bills canary 40 bags hemp
foap Geo boxes steal 81 cases. 496 bundles 1S bars;
4 s11ss
tepths 20 bbis spirits 10 bbls 10 casks brandy
cheon whiskey tin a66 boxes S4o slabs 500 boxes
plss; tobacco 8C3 bales wine 1856 quarter casks 1e6
casks S75 bbis.
The Presidents message gives brief synops the
foreign trade of hs United States during the sc year
ending juno &c. 1852 1t appears that the total
merchandise imported S207 24O 1ol, and the value
OF merchandise exported $l67 eos 937-excess Imports
exports $40,174l6 4. The amount Of specis i'm
ported during the year 1889 CAS- and the ports
$42 5G7 2s5. These not included in the above
aggregates Of merchandise Daring thu fiscal year ending
June go 1852 the aggregate receipts into the Treasury
Of the United States amounted to S4972s3S6 SO and
the expenditures, during the time to $450O7 1885,
OF which SO 456 SIS SO account of the principal
ard interest of the public debt Since the LIST Of July
hast So SAT 40 Of tbs public debt has been purchased
The PRECEDENT recommends important and extensive
alterations in the tariff act OF ls46 lie advocates sucs
notifications rs will greatly augment the protective
power and AFFORD aid aud comfort to the manufacturing
interests which, according his account must be in the
last stages Bankruptcy and dissolution The President
Is opposed to the id vslorem system and proposes the
adoption of specific duties when sufficient uniformity
In the value Of articles exist justify It. The tariff act
Of ls46 IL considered by the Executive defective in
another particular. 1t encourages fraud and has ten
dency to destroy that high moral character for which
merchants have long been distinguished and to reduce
the revenue Of the government There is doubt but
that the present tariff act is detective but opinion
that any attempt to improve would only make matters
A. little fault be found with the system
In operation any that has preceded It, and Is ut
tery cut of the question to reach perfection 1. would
be bad policy to undertake any medication Of two
evils We should reject the greatest.
The following banks in the State Of New York have
titled their int nton to quit business
Adams Bank Amelia Bank American Bank, CHAN
plain Bank. Cortland County Bank Commercial Bank OF
LockpoIt Excelsior Bank Henry Keeps Bank Kn,sksr-
booker Bank Genoa Lumbermens Bank, Mcintyre
Bank, Merchants Bank. Ontario county Merchants
6spk Washington county; New York Stock Bank,
Northern Bank Of New York. Osvego County Bank,
Prattsvie Bank Sullivan County Bank, Village Bank.
Warren County Bank.
We learn that Thomas Atkinson, Esq has been APP
pointed General and Mining Engineer OF
the Cumberland Coal and Iron Company. In relation to
operations in the Cumberland regions the Cumber-
land .sReshd,ion fsys-
The coal companies now opening mines in the Georges
Greek valley have engaged party of engineers to
ard locate line of rao ID from Westernp, the
with view OF connecting just above the town the Po
tomac. Such line must feed the canal with
cefsion to It's present tonnage.
The Parker Vein Coal Company have made arrange.
mi ns for The transportation Of coal next season which
will enable them to forward after the fret OF June six
hundred tons day-ebout three fold the quantity Tor.
watded at present Their coal Is 10 DO forwarded from
Baltimore and Alexandra to New York by the Baltimore
and Als xapdria Steamship Company a. 81 rs per ton,
which will bs about 80 per ton less than ha, been
paid this year.
The Cumberland Coal and Iron Company will very
shortly make report of their to their stock
holders which win be very full, showing the and
and the expectations of the business for
currtnt year The report will be comprehensive in It's
details
We lcara that tie Pit.sburg Copper Company are
about to declare dividend Of 81 so per share making
SIS for the year The profits have bssn s29 per share
In the month Of August the quantity of copper dsver
ed rom the Cliff Mine 9s tons ola lbs Ia Sep.
tember 1t los tons d2e lbs. In October 1t was 1O7
tons 6Ss lbs In addition to the copper delivered at
the landing, IS above there hand about 1 600
tons of copper stone stamp wos and aeo Of
per, the latter awaiting delivery.
Having pubished article from the Boston Courier
relative to tho Cary improvement Company Of unfs-