The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-01-05
eoKKIRcIAL arr Alas.


HONEY MARKET
TUESDAY, jan. 4-6P. n.
There was very active msrket this morning. but ths
dsposit,cn sell general that prices dsprssstsd
In some instances the decline serious All tho lead
ipw f.poss we're freely osred and the bsArs put out
contracts long time at prices very fer below hoes
current for each. Phoenix Coal Company was ths most
prominent the rs board day and sales wsrs made
sellers option twelve months ct to 10 per cent below
the market value Niosssua was active, but net very
well sustained Morris Canal was in demand but pur-
ohssers required concession in prices, and oStansdi It,
TIE greatest scine to day in Crystal Palace small
lot was sold atI55 The previous sale was II show
ing decline II per cent. The advance in this stock
was too rapid 1t brought considerable upon the market
and 1t has resulted anticipated CambersadCo
Parker Vein and Creek Coal were active and hru as
our quotations Tae New Creek Co have Just completed
negotiations he purchase OF large tract OF land ~
Locust Point near baltimore for coal depot. 1t has
an extensive water front, With depth sufficient to lead
large vssees and within about Ave hundred feet OF tho
track OF the Baltimore and Ohio Railroad This WA give
the con parry all the ground will require for ooal
depot and will enable 1t to work its veins extensively
as possible Long leland Ia rapidly running down again
There every probability Of predictions relative to
this stock being realized Sellers short fifty psr cent
have made . good thing Of it. We have change OF
consequence to report in Erie Harlem Both continue
active and steady Canton Company Is almost entirely
neglected few shares sold daily without Affect
ing prices much either way.
Compared with prices current the close OF the
Iet yesterday notice at the frst board to-day do
cline in Phoenix Coal Co OF per cent? Nicaragua TX
Norris Canal, l; Cumberland Coal, Il Long Island, q
Harlem u At the second board the market through
out better with good demand. Phoenix Coal went
up "a per cent; Canton Co., y; New Creek Coal, Il
Eria Rally fell of 9TH NyN
Mornings prices.
The receipts the see of the Assistant Treasurer of
this port to day amounted to sl72 oas Os payments
IS 442 56-baance, $2576 AGA So Interest paid, $780,
GEO.
The earnings Of the New York and Erie Railroad Com
psDy, during the month Of December 1852, amounted
to s35213s So against $3.50 $50 for the month in
1851 showing increase Of SIS s5S SO for the month
in 1852.
The Phoenix Bank has declared semi annual dividend
offour and q half per cent
The Connecticut River Banking Company, four psr
cent The Farmers and Planters Bank per cent and
the Merchants and Union Bank, all Of Baltimore, four
per cent The Bank Of the Metropolis, four pcr csu
The Merchants Insurance Company ten per cent Tho
Washington Insurance Company, seven per cent The
State Bank Of South Carolina four dollars per shsre
the Planters and Mechanics Bank Of South Carolina,
dollar per share; the Union Bank Of South Carolina
dollar and fifty cents per share the Bank Of Charles
ton i've per cent AMI the Bank of Georgetown dol
lar and fifty cents per sre-all payable on demand.
dividend Of about sixteen per cent will bs made to
tbs holders CT the late Phoenix Bank Of Charestovn
Mass during the present month This will make tho
whole amount paid about ninety cents tho dollar.
There will be sold to morrow, "wednesday. January
9Th at the Merchants' Exchange at 1873 o'clock BY
Simeon Draper two hundrsd and forty thousand dollars
tie bonds of the Delaware and Hudson Canal Compa
ny These bonds for each and bear Interest at
the rate of x PSF cent anAum payable LIST May and
Novenb Der in New York They part Of the only is
Of the Company, amounting to $3.50 600, and have
two years to from May next There is not better
stnent the market, At any price. At ths
time and place there ~i also be sold 80 shares Bank
State Of New York stock 200 shares Phoeax Bank
stock IS shares Etna Fire Insurance Co stock SO
shares North American Fire Insurance Co. 40 shares
Mechanics and Traders Bank SO shares East River In
surancs Co stock 100 shares MsrchantI Bank stock;
s11 o0s Frs Mortgage seven cent bonds Of the ver
mont Valley Railroad Company.
The stock Of the Great Northern Lead Company was
put the books Of the Board Of yesterday ana
has been called at each board since without sales Hold
do not disposed to soil and exhibit desire
to Ok apiise In the market. The stock Il in the hands
Of some Of largest and srswd<st capitalists who
not compelled to sell ard will not until purchasers come
up their idess Of its sc.ual value There very little
doubt bat that tho position prospects and
Of this company we'll known the stock will
and such prices may Induce Of the present hold
to realise We annex tie Last monthly report Of the
Captain Of the Mines t. the Executive Committee Of
the Great Northern Lead Company
GREAT HoarHERS LEAD Msryc ComrArY.
To THE Executive COMMITTEE -
Gentemsn-I beg to report thAt, during the psss
WorH The tuner o, Persons Of all sors ploysd has
been shout hundred and twenty four Tha Coal Hill
bes s enn hs.s hu.arsd ana ten s'
Abou. one % ir Of nile OF drain has been cut in the
FIAT below III bluff to carry Of the water pumped by tbs
mine Tie dressing house finished all but the floor
the ga greet desl Of work has been done in
yelling hoorf beio. the ~hin shaft The within round
Is mi Cd, and the vbim nearly ready to erect The
epgin gone 20 scrA very hsnasomely There IL nov
but lit water LEI. in he nre she ha, forked 1t 1t
the rate Of Ave fatho Per day working six strokes
per II mute This piece OF machinery is Q good Job
and more than answers my expectations This house
water purgsr has been fixed TO adt ssd works we'll.
The pit work has been wen put down. We snail have,
al SEQ twenty two feet OF the shaft TO cut
down vbieb will take probably three weeks, that By
the Of this month the shaft in this mino will bsgin
to sink regularly at the depth OF 12o feet have ben
able inoe ny last report, to inspec the Coal HUI lode
the extreme west In the adit. 1t is spit into
parts. The former company, by soms strange ossou,
dove on the south hranoh leaving main lode stand
I Fhouid take it to be eighteen inches big AID
shy they abandoned the lode there LOOKS
very favorable and viii unite shall drive upon
It = possible At the Union mine break
lag ore that Is IN In driving the bottom
levels The engine shaft viii soon begin to 20 down
The large ors boufc is fini he'd l have ordered
another vbim charging house Sc TO be erected the
shaft east and the 10th December that will be
az work. have also pnt up drain this mine,
leo feet Icing similar ana the purpose the long
one at Coal Ain Ny report viii Of interest to
you NJ 4l contain soeount in detail Of course
Of ore in the bottom Goal u inventory Of ell ms
cbinery materials In stock, building &c belonging 70
the company for the close Of the 30 far rssaAs
A. 81 tha