The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-10-27
CONMRRCIAL AFFAIR RS.


russDaY Got 2S--G Pm
There Ia nothing ia toe stock market Prices
were wi sustained to-day and trso actions TO about the
ofua extent There adestiogs Of any change OF
favorable upfsvorahle character; but the market eau
remain long in its sresen 20 ion. III holders csn
not initiate prices the bears utio get the ascen
daney The contest b,tveen the two srea, parties Is
continually going on, with p y,y1r aud tho
MARKET cansot long remain ststiouAry The money
ms Iet Is cay and loans be negotiated terms
nearly i.sorshs AS at aoy previous tma this ssason
Facilities for specializing in fancy ,tocks ab udsnt
ever but there appear disposition ths pant of
outsiders purchase. AT the moment the prn
cipal operators are brokers The transaction
lined almost entirely to str.e. pecuias0rs and it Is
impossible 10 tel, from oae day to another, what
course prices viii take rhs is slightly
in Of the bears OF sellers for fall hut things In
Wall street frequently go by cousres and it would aot
surprise us to zee active speculative uorement in
fancy In the middle Of winter In December mo
ney will without doubt be abundant than it is
The importaions will be about for the season. aud
the balance in the Sub trezury considerably reduced
In the meantime shall have three four arrivals Of
gold dust from California, which will strengthen the
specie department. in II banks, and give them the
Of discountng mere literally The market is in
position 10 be easily moved up or down. Each patty
stands even chance.
At the first board to day, Erie bonds, 1862 advanced
u per cent; Morris Canal u; Canton Co. 4; Dauphin
Coal Co. u; Cumberland Coal Go. x Harlem Il; Nor
wioh and Worcester a. New Haven Rsilroad declined
u per cent Florence and Keyport l; Nicaragua Transit
u; Reading Railroad a Hudson River Railroad x.
Cumberland closed ut o. time buyers option and
n demand 1t was the most active stock the list.
The superintendent Of the Ulster mines continues to
give the most satisfactory accounts o. the reccat dscov
esies Arrangements have been male 70 prosecute the
Investigations vigorously and before winter sets in
large amount Of ore in the rough wi ready for ship
ment II is the intention of the company bring to
this market much just It from the mines
as possible. before the close OF navigation
The income of the Central and Canal Railroads ID
pidy increasing and the reseipts In September est
mated at $4,000 making the aggregate for nine months
OF year $432 COO To this add $4,000 per msn.h for
October November and December the whole income
Of the year viii amount to S642 GOO $4,000
previous years income which $3.50 0O0 The
contemplated advance in the feghs tariff If carried into
effect. win undoubtedly enable the corporation to make
fair returns to the stockholders after paying expenses
repairs rent and interest There prospect that
the company will before the close Of the
year.
There already organized and In operation under the
Free Banking bill passed at the late session OF the Con-
necticut legislature the Uncas Bank Of Norwich with
,.
capital of $500 0CO the Bank Of Commerce New London
With capital OF $4,000 All Of thesa BANKS have pro-
vision for further increase Of capital 1t future pc
Rod. There 10 In contemplation bank ut Westport
other 10 Now Milford and In Ltchdeld Winsted
In relation to this law and its operations the Hartford
Times says We congratulate the risnds Of the Free
Banking law and especially those champions who 70 man
fully advocated and those who voted for in the Lcga
tur the complete Of the law the certain pros
poets Of its usefulness and the upqus-oned saetJ Of
very bill Issued by the banks organized upon the new
plan these banks do not redeem their bills the State
has tho securities in his hands to redeem them
This makes the free bank bills always cafe, beyond the
remotest doubt.
Tho earnings Of the Pa.sumpsio River Railroad Com
pany during the month Of September amounted to
$1sls4 against sl3 800 for the month In 1851.
Gain s3315
The following table shows the quantity Of Of the
principal articles Of produce left at tide water from the
commencement of navigation to 22d OF Oct, inclusive
during the years 1860 ls2 days. 1851 1ol days. 1861 lss