The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-09-03
COAMERCIAL AFFAIRS.



The stock market was considerably unsettled day
the fsncie uc ua,ed great deal and the
took advantage of tba depression to take in many OF
their shorts. The tsSssctiors large aud prnci-
pail, 10 cash Az the frst board Florence and Keyport
Kaircsd advanced y per cent Cumberland Coal Com
psny, u Erie Railroad. Harlem Railroad, 4 Long
isiaad Railroad, y Hudson River Railroad, 4. New
Jersey Zinc declined 4 per cent Nicaragua Transit
Company. 2 Canton Company, a Stonington Railroad
"a Norwich and Worcester, Il Reading Railroad, -
New Haven Railroad Il. New Jersey Zinc Was psrtacu
isy active to day. ADD there were large purchases on
time settlers option lot Of thirteen hundred shares
was boae sixty days at the price afterwards ruling
for cash Nicaragua up and down strangely.
Yesterday morning there were sales at 2aR on time
buyers option to-day at 27<, the same terms.
report been pretty generally circulated that the
parties o~nipg the ipe of steamers the Mica.
ragua outs had monopoly Of the business from the
Transit Company. We authorized to state that
there Is not the slightest foundation for the report
and that il is entirely destitute OF truth. No such
agreeEae1t exists and evst made The
steamship propresors have been anxious enter into
such agreement but every proposition to that elect
has been rejected by the Transit Company Several
have been made by Of largest shipping houses
TO pu, LINES of steamships the route and it ia pos
sibie the company may enter into agreement with
some Of the parties. few days will settle the whole
matter when may expect TO this route take the
position its advantages ene 1t to- mode OF
ncstioo between the Atlantic and Pacific Cam
bertrand Coal Company is rapidly progressing in its
rspgements. It probably win be OF the extern.
sve aud profitable coal mining in the country
The consumption OF Cumberland Goa, is steadily extend
ipg Where it has had fair trial. il Ii continued
and being peculiarly adapted TO the generation steam
both stationary and movable boilers must as sooo
As the supply becomes regular, and to sucieat extent
enter into general All the coal companies doug
Good business. We have not heard much lately about
ibe Phoenix Coal Company but presume they
Plerg their arrangements for mining There sales
Of 81 Lawrence Lead Mining Company at two per cent
The par value OF this stock is ten dollars share and
She veins of continue prolific they have proved
1hus far the par value Of the stock will be- criterion
ofits value. The weekly reports FROM the Ulster Lead
Mining Company Of such favorable character that
she stock has all been withdrawn from the market Alt
ihe 'eeding railroad securities pretty well
maintained. Long Island has been steadily moving up
ward, under the influence OF the large purchases
Philadelphia account The shorts likely to suffer
ZONE Thelow price Of this stock has enabled purchasers
40 carry large lots without much Inconvenience and
Abe bears will probably find difficult to ma Ike their de.
Lveriss
At the second board the was rather weak New
JERSEY Zinc in demand, at decline of Is per
After the board better prices offered Some the
bears have been taking in their stock and closing their
accounts Nicaragua receded to previous low points but
the sales not large There change OF
auence any of the railroad stocks but at the
was heavy feeling We understand the twelve hundred
thousand dollars in specie will be transferred ts morrow
from tho Philadelphia mint TO the banks of this city.
The receipts of the Hudson River Railroad Company
during the month Of August, amounted to Sea 0Oe.
f THE demand for foreign exchange to-day has been
quite limited We have particular change to make in
previous quotations. Bills on London quote at
1e1 1oi per cent premium Paris Of Is ST. 1881;
Amsterdam, Al A.. Bremen, 7ea To-, Hamburg,
ais4lh.
After the adjournment Of the first board of brokers
this morning. $4,000 Of the bonds of the Tsriayile
Manufacturing Company sold in lois at fortyone
per and $50 coo OF the Thompsonve Carpet Manu-
fso,uiing Company in lots, at forty four per cent
The Ecr.ford Times reports sale of ose hundred thou
dollars of Hartford City Skies lately issued for rail
road construction 70 Connecticut party at lie and
offer of Ill fer the remainder The lot taaen proba
bly, drostc security for circulation under the eu
srsi banking law Of the State.
The Market Bank, new institution has Just organized
and sbon TO 60 into operation with the following list cf
ofRccrs -President, RichRd Williams; Cashier Robert
H uaydock Directors, James p wickhani, James Rob
bins, Daniel T. Willets Henry Lyes, Jr., Charles IL
Rogers l.. Darwin Litchfed, Theodore Banks, van. I.
Miller Benjamin II. Howell. Abraham Leggett. Thomas
Rowe, Ebenezer II Burger, James Tay Tor, John x.
Wo0lsey. We understand the stock is nearly al taken
ny the dirrctors for themselves and ffiends.
receipts the Office Of the Assistant Treasurer
this put TO day amounted to SIl., i02 payments
Sl3 S-a es-balanee, $3.50 35 Is.
The last report Of the Northern (ogdeuburgl Railroad
Cosnpany gives very clear statement of the financial
aaiIs Of the corporation II was originally estimated
that the direct construction Of the road exclusive Of
budipgs and furniture. would cost s. s29G69 The real
cost Of construction including much OF the wharf and
bridge ct Rouses Point many side tracks about the sta
Hou grounds and considerable quantity Of land (ai
NOT embraced in the original estimate and increased
cost OF some portions Of the work owing to the failure OF
conrsctors has OIL e5 The cost Of buildings
has been 1889 396 CO. and OF engnes and S6a S95
81 While The interest paid TO stockhodecs and on loans
and the loss bonds cold have been 1912 S SO The
total outlay therefore has been o22 III 81 of which
Sl5soSil 6i been realized fiom stock subscriptions
and So oce 600 bcnds and balance Of floating debt
ct reains Of S4s0so9 TO- The final cost Of the road
IA the directors state will reach s52joooo The hoan
debt is 10 be auidated from the unpaid stock in hand
and from unsold bonds.
The annexed statement exhibits the earnings cxpendi-
fures SC Of the Rochester and Syracuse Railroad Cou
many during the six months ending July 81. 1892
ROCHESTER SYRACUSE RAILROAD.
1852 february J. Surplus profits, Slis,S' -
Receipts in February 1892 .............. 50s6S 10
Receipts in March. 1867 55y2Si 10
Reee =. Ia AprI 1852 Observation-Disclosures. 1876 oil
Receipt In May 1852 1921 80
Rer,ints in June 1852 ACKNOWLEDGEMENTS. 1l6I-0 80
ReceiJts in July 1852. lOs ~ -
ss,ok $40 20
Mai services for SIX months .......... 10000 20 /
Total ................ SOL, $50 s.
xxpenses in February 1858 SIS sol 90