The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-02-11
NJ U N L Y MAR X E II.
TUESDAY, Feb. 1915 P. M.

TUESDAY, Feb. l0-6 r NJ.
There less activity in the stock market to day.
Reading Railroad still takes the lead but prices remain
steady. comparison of quotations from to week.
does not chow much alteration while the daily fluctuations
merely fractional At the first board Erie Railroad
declined u per cent; Long Island III Harlem, 81; Jer
sey Zinc a. Canton Co advanced 4 per cent; Norwich
and Worcester, al Hudson River Railroad q; Morris
Canal 1s Delaware and Hudson, "a; Erie Income, 70;
Illinois Interest Stock, a. At the second board, Erie
Railroad fell on % per cent Delaware and Hudson went
up IL per cent making the improvement since yester
dsy,ah per cent There more sales Of this stock
to-day than usual notwithstanding the advance in
prices There is doubt that this stock has been
much deprecated but the advance recently has been
too rapid to be permanent. The advance In the
market value Of coal, in consequence Of the cold
weather, has doubtless been partially the cause O.
the improvement in price for the stock has
the assets of the company but the competition another
season, likely to be as powerful q at any time previous,
and prices for coal as low they have been. Such
winter this has experienced for thirty
years. and thirty years may elspse before shall
have another like it. We cannot therefore, expect with
the rapidly facilities for getting coal to
ket that prices will rule anything like what has
been realized The Of the Delaware and Hudson
Canal Company derived from the sale Of COAL not the
transportation Of It, and it is consequently, liable to
ruinous fluctuations Its dividends have been steadily
running down. Its capital rapidly increasing, without
corresponding increase in the annual earnings 1t may
be as good stock 1t and ultimately its div
dends large but until evidence of such results
exists than know of cannot but think that
the advance Of the past weeks is more speculative
than permanent. We however, may be mistaken in all
our calculations. AL other stocks the list remain
about the same.
The receipts at the Office Of the Assistant treasurer Of
this port, to day. amounted to $l2417S 49, payments
SIS, 400 0S-balance, $3139,14 60.
There has been active demand for foreign exchange
for remittance by the steamship Niagara tomorrow
Wednesday-for Liverpool Drawers generally are arm
at quotations. and in several an advance
has been asked The effect Of this will be seen in the
large shipments Of specie The steamer will take out
upwards Of one million of dollars The next steamer
from this port the Pacific Saturday the 2lst inst
and the probability she will take out corresponding
amount. 1t looks though the aggregate expert
Of precious metals from this port during the month Of
February, would be double that for January The clos
ing quotations. to-day, for bills London were lo11
1925 per cent premium; Paris ST. 16il ST. 10; Am
sterdam, Az 4Ih Bremen, rs 1871; Hamburg S61S
ae65s.
The following sales of stock ma lie at auction to-.
days shares Hartford and New Haven Railroad SIPS;
do, f124hi do, Sl2i16; so do, l24 80 do 1881;
GO Pacific Insurance Co, $50 ri II do $685. 10 Rocky
Bar Mining Co. 81.
The earnings ofthe Macon and Western Railroad Com
pany for the month Of January amounted to s25s3 20
against s4oS OF for the month year sho wing
increase Of 81 ,5s5 10 for tbs month this year
The osdensburg Railroad Company earned Ia Janu-
airy, 1852 5S 3d. month in 1851 so 1874 3d. in
cyease, $S443 ca
All the free banks in Michigan appear TO be in -four
shng condition. The official report Of the State Trea.
gives returns from each bank made M to the close
OF December 1851 The annexed statement exhibits the
condition of the Government Stock Bank at that time
GOVERNMENT srocK BANK MICHIGAN.
Resources.