The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-08-20
THuRspAv Auur.t IN . 7

K. ~
There active time in Wall street To- dav Az
the tances in demand but general thing nrioas
were not well sustained Erie, Harlem, Long Island
and Norwich, freely offered and freely taken At
the first board, Delaware and Hudson advanced per
cent; Cumberland Coal Company Il; Norwich and Wor-
cester, III Madison and Indianapolis Railroad, a. Can
ton Company declined ! per cent; Erie Railroad X:
Harlem, n; Long Island, n; Reading Railroad "a Hud
son River Railroad e. The bears to have acquired
the ascendency again in Harlem and there plenty Of
sellers at present prices, time Erie Railroad Is in
about the same position. Norwich and Worcester is
pretty we'll maintained but upon what basis is myste-
ry. The connection with The New London road will not do
il much good. Reading Railroad las probably reached
It's highest point, ana very few beleve II would
touch anything like present prices In the event Of
resent holders realizing to any extent the stock would
down very rapidly Hudson River Railroad is now
in the midst OF its greatest travel 1t is now making it's
harvest for the year and it appears impossible get it
above seventy per cent. Nearly all the Western
railroads command good premiums. There s how
ever, not much Of this kind of stock on the
market. Cumberland Coal Company appears to
have taken fair hold the market, and was
well sustained to-day Dsuphin Coal has lately been
much neglected We notice TO day, large Gales of New
Jersey Zinc, slight decline from last sales Holders
Of this stock have apparently considerable confidence
difficult to draw in purchasers sustain present
prices long without the company makes report Of
its operations since it commenced business. Nothing Is
known of their affairs outside of the company's office
and stockholders hear great deal about the prospects OF
the concern but have received any official state
ment Of their expenditures receipts productiveness
1t Is time something done to lot the stockholders
know how the company's affairs have been managed
Florence and Keyport has not moved much lately either
II T. 4.
worth much more; but until the company have more to
show for the stock it probably will remain somewhere in
the neghborhood Of present prices After having been
almost lost sight Of Montgomery Mining made It's appear
ance to-day at the board aud small lot was sold at
three and half per cent. The difficulty between III
chemist of the company and director has not been
ranged yet and the probability the managers will dis
pense with his services altogether As this mat
ter settled the stock will probably become active again
Morris Canal cannot be moved much either way There
were large sales of Long Island this morning The re-
ceps of the road for the first ten days August this
year were $9266 ~ against SS7s5 So in the time
last year. Railroad bonds largely operated in to-
day, at prices current at the close yesterday.
At the second board the demand not so active and
the transactions were comparatively limited New Jer-
sey Zinc declined per cent: Cumberland Coal al Erie
Railroad, a. Montgomery Mining advanced II St.
Lawrence Mining Company, a. Notwithstanding the
steady improvements IN this stock during the past week.
it still Of the cheapest the list par value is
ten dollars share and its prospects attering
that many holders look for prices pretty near that point
within the six months The par value Of all mining
stocks is merely nominal for their productveness pro-
perry managed is great that the principal is frequent
ly paid back to the stockholders in dividend The
margin therefore for rise Is great and the outlay Of
capital SO small that they avorte investments with
large Glars Of operators.
The receipts at the Office the Assistant Treasurer OF
this port to-day amounted to S23,O92 70; payments
$106ss 13-balance Sc 1o4 76l &c.
The foreign exchange market rather quiet to-day
Drawers are very firm, and extreme quotations well
sustained. The supply of bills is only moderate We
quote bills on London at 1o1s 1913 per cent premium
On Paris, st. 13 ST. 1917 Amsterdam, 401 Al; Bre-
men, 70 a 7s14 Hamburg. 361s 362i. The steamship
Pacific for Liverpool Saturday will from existing in
dcation take out upwards of half million Of dollars in
specie
The East River Bank has given notice that the first in
stament Of its capital stock il payable on the sh Of
september at the office OF the bank No. 60 Third
nue. between Tenth and Eleventh Streets where its busi-
ness will be transacted until be obtained Of
the banking house the Of ST. Marks place and
Third avenue which has been purchased for It's use
1t appears by the report to the English stock
holders of the Great Western Railroad Company from
Niagara Falls to Detroit that the work will be opened
by August 1858 The whole cost will be about Sc 100000
although the capital stock loans provided amount
to 81 100000 sterling about 81 800 Ooo viz British
government loan f25000o; English subscriptions 92s3,-
100; debentures (convetble) sold in England ooo
United States railway subscriptions f160OOO Canadian
subscriptions, f4ls, 9o0-total, Ct, 100000
The Cleveland and Lake Shore Railroad Comuanv
held their annual meeting the 10th instant elect.
ed Alfred Kelley, VIM Gaze, Charles Hickox T. M
Kelly, Stilman Witt, ID. IT, Paige and w d Beattie
directors Mr. Kelly was subsequently elected Presi-
dent and Mr. Case Vice President The stock was in.
creased rs cent and the option given stockholders
who had paid up to take the par The stock
now commands premium ~ fifteen per cent The road