The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-09-28
COMMERCIAL AFFAIRS.
MONEY MARK n r

NONE MARI RTs
MONDAY, Sept. T-6P.M.
The stock marte. opened this morning dull and de-
prrscd At the first board quotations for nearly all tho
fancles declined, and there general disposition to
let them down. At the first board to-day, Nicaragua
Transit fell OILS per cents Harlem, y; Long Island, Il
Cumberland Coal ri Dauphin q; New Jersey Zinc, ~
Hudson River Railroad advanced per cent; Delaware
and Hudson "a At the second board Nicaragua closed
at prices current In the morning Long Island advanced
Il per cent Harlem, 4; Florence aud Keyport r. THIS
stock appears 10 be steadily moving up IL Is the I'M
precision of holders that Il Is destined to astraci pubic
attention to considerable extent u Is favorapy con-
ridereA particularly because IL opens new route IN
Opposition 10 the grsaest railroad monopoly OF tho
day The plank road ia not yet constructed but we
believe n is progressing rapidly. The company con-
-smplsfe building extensive docks for the accom-
notation OF steamers, We see no reason why
be property Of this company should not prove pro-
luc,ivs There short discussion AZ the board this
morning relative to the issue Of stock by the Cum
brlsnd Coal Company 1t In reference to the right
the company to issue stock below par. All the ques
ons raised by the opposition satisfactorily disposed
Of The object Of this movement to depross the
ket value Of the stock ana TO check subscriptions to the
issue In this the originator failed for the whole
amount OF new stock taken at early hour this
afternoon This fact is Of itself sufficient to put down at
any attempt TO destroy confidence In the manage
ment of the company. The board Of directors have
moved cautiously and legally in this business. They
have been governed by the advice Of Of the most
eminent lawyers in the State granting the charter.
The resolution authoisng the subscription Was adopted
at meeting of the stockholders and il Is our impression
tat II will require penetration than stock specua-
tors generally possess to discover flaw in the procoed-
iDgs of the company. The decline in Noarasua is at.
trbu.ed the report that the difficulties between the
transit interests, far from settle
Inen cvsr but is opinion that these difficulties,
Whatever they may be- have very little to do with it,
The stock operations Ct certain parties in the street
have 10 do with the ups and downs than
e.re Prices may go lower but when tho proper time
strives it viii up without any regard to the arrange
ent OF satisfactory terms between the rranoit Company
and s;esmthip owners.
We snn that the Suffolk Bank recsivcd few days
since $4,000 Of bills from the Banking Department
Albany, and ready for issue. These bill.
secured by deposit of $4,000 United States stocks and
$50 OO0 New York State stocks. Books opeu
additional subscription $250o00 to tho capital stock
o: this Institution.
The receipts at the office Of the Assistant Treasurer OF
.his port TO day, amounted 10 s96227 81 payments
500 226 75-talence. 7l45 $50 so
The demand for foreign exchange thus Car for remit.
lance by the steamer from Boston, Wednesday, has
been limited. We have change to make in quota.
this port
The Rutland and Burlington Railroad Company have
declared semi annual dividend of four per cent the
Mechanics Bank Of Ly nm, four per cent.
Counterfeit bills the Bank of Darlington Vt, are
In circulation They fac simi Of the genuine the
engraving The general appea rance Of the bill Is
coed.
Tive most dangerous countcreits have Just lie their
appearance in Boston The bills purport be tens and
twenies the Hamilton Bank Boston. The plates are
genuine engraved by the New England Bank Note Co
They supposed to be printed the plates of uam
Bank Rhode Inland which failed and whose plates
wee sold. The words 'Bo5tonn and "Massaehusettsn
introduced instead OF the tom and State of the old
bank The twenty has for vignette three female figures
with eagle at the right and vessel at ef at the left
end OF the bill is female bearing in her hands milk pail
and stool with dog ming at herfeet The tens have for
avgnette steamer, with vessels, &c, exactly like the
vgnette OF the threes the Freenan Bank BOSTON at
the right girl with sheaf Of wheat in her at the
left Indian figure The signatures very poor but
the bills printed from genuine plate they
considered very dangerous.
Counterfeit two dollar bills on the Bank Of Burlington
VT in circulation. They fac smile Of the &C.
mime The engraving COARSE general appearance Of the
bill is good.
Theoimpogis Of specie into New Orleans during The
year ending August 81 1852 amounted to Sc 27s,52s
against 81 e37 no. in 1851; Ss192G62 in 1885, 50 co., $50
in 1912 aud 81, sl5 sos in 1S4S.
1t is stated that the Chesapeake and Delaware Cans
doing very large business The fiscal year of the com
papy aims with the FIRST OF June and thus far it's bust
increase Of more than fifty per cent the
busness for the spending period of time Last year
That TO say fer the FIRST sixteen weeks OF the last
fiscal year tbs receipts about $4,000 against $780,
600 the first sixteen weeks of the present sca year
large portion of this increased business from the
susquchnnna Canal though the trade from other quar-
tiers has also considerably increased.
The following curious statistics relative to the con-
sumption Of geld stated in lecture lately deli
.ered at the Geological Society at London =
The entire of gold in circulation said to
cas- Coo Of which the and waste is stated TO be
81 per cent annually. 81 6600OO The consumption
OF gold in arts and manufactures Is as follows:
In the United hirgdon ................,.. u 5o0VUo
ewNDs,ano ............ ....'.......... aoVVOu
Other parts Of Europe Observation-Disclosures. 100000
United Stats NEUTRALITY-SUSPICIOUS.. 600Q 600
rota.................... f6050oO0
In Birmingham alone there is weekly consumption Of
void for chains only ntipg 00U The weekly
Consumption for gold leaf in London is 400 in other
places in Great Britain Isl OF
One of the potteries in Stsordshre consumes EG 500
worth Of gold annually In gliding and the wnoc con
sumption for gliding porcelain in England Is etma.c0 al
about $500 o. annually.
The company interested in the Central Ohio Railroad
have concluded for the grading and masonry OF
Nil the previously inlet portion of the work ana ao for
the finishing Of the ties &c. for laying the whole oil
the line from GAINESVILLE to Wheeling. The grading Is
agreed 10 be finished by the lt Of January 1854 The
rails are be laid upon forty miles Of the route from