The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-17
conHERcIAL AFFAIRS,
n o n E Y n A RKRT.

MosDAy, August Is-6PM
The Fairness Bank Of Kentucky have opened books
for subscriptions for additional capital OF two hundred
thousand dollars at tho Bank America Already nearly
one hundred thousand dollars have taxed by soms
OF our largest capitalists and there doubt but that
the balance will be secured at This bank s paying
ten per cent dividends and already hiss surplus Of
S4SSo-equai to Elk and hsf per on its present
capital One Of the Bank Commissioners Ia in the CITY
and may be at the Office Of Gibson stockwe Co.
No. IS Pearl street The last statement of the bank may
be at the Bank of America where any normstion
regarding the bank be obtained The Farmers Bank
has been in operation only eighteen months and it's char
ter has thirteen years to run Banking in Kentucky has
for many years past been very profitable business The
stock Of the Bank Of Kentucky Is selling at ten pee
cent premium and the Northern Bank of Kentucky at
seventeen per cent premium The system of establishing
branches in different sections Of the State has worked
admirably, and proves exceedingly productive.
Quotations for all the leading ancies pretty well
sustained at the first board to day although the ranac-
tons were more limited than usual. New jersey Zinc
declined u per cent; Harlem, III Long Island, H.
Delaware and Hudson, advanced x per cent Nicaragua
Transit a. All others remain the same as previously
quoted Between the boards there was better feeling
in the street, business became quite active At the
second board Erie Railroad advanced per cent Har-
lem, u Stonington, "a; Hudson Railroad a Reading
Railroad, 81 New Jersey Zinc, 4; Nicaragua IL Penn
sylvania coal. u; st. Lawrence Mining Company, y
Northern Indiana Railroad H. At the close the ten
dency upward, with active demand.
The receipts at the Office of the Assistant Treasurer of
this port, to-day, amounted to s1s9005 payments,
sl7,1s Guidance, s5,G25 567 81.
The value Of merchandise exported from Baltimore
last week S345 S0S The exports Of breadstus COM
prise IL O76 bis -four 22l bbls meal 20 bbls rye
Arrrr. A hl,Aa
The receipts of the Cheshire Railroad Company for
July 1852 amounted to SGT 461 81 against SIS Sol q
for the month in 1851 Increase, $S,77O.
We learn that in the formation Of new banks in this
State under the general banking law larger portion
than usual of the securities bonds and mortgages
This suppose is caused by the high prices current
for the right kind of stock securities Real estate is at
the present time, much inflated in value that the
utmost caution should be exercised by the Comptroller
in receiving bonds and mortgages security for circua
ting notes.
The Miners Journal says that the Cumberland coal
used by the Cunard line of steamships, is usually
screened that large quantity Of fine coal had accu-
mulated in their yards at Brooklyn and Jersey City In
order to dispose of it most advantageousy the company
sold ii in small quantities by which nearly every black
smith within hundred miles of New York city OBJ.
tanned portion 1t thus distributed every direc.
ton and opportunity afforded to test its excellence
So fully convinced of its superiority all who thus
employed it, that the demand for the fine coal from the
Allegheny mines has become equal to that for the
and run Of the mines
We learn that the last link of eleven miles between
Greenville and Union, of the Cincinnati Dayton and
Greenville Railroad will be in running order by the first
of November extending the line to Union, the terminus
Of the Beefontane road The latter road inform
ed is completed to the Smithfeld station six miles,
leaving but twenty four miles of iron to lay which
being rapidly put down. and will be completed by the
time the Greenville reach Union.
The annexed statement exhibits the quantity and value
of certain articles exported from this port during the
week ending the 14th inst inclusive distinguishing the
destination and extent of shipments to each place.
COMMERCE PoRr New YoRK-WEEKLy Ex-