The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-01-19
FINANCIAL AND COMMERCIAL.


TUESDAY, jan ls-b 4. Nj.
There was very heavy business transacted at the
sa board to-day but prices were not very well sus-
Aainea 1t would be difficult TO tell which was the
most prominent stock the list to-day when such
IN active demand existed for all. Erie, Florence
and Keyp0rt, Long Island, Nicaragua, were favortes
with SPECTATORS and good many shares changed
hands. At the first board Nicaragua Transit adj
yaDeed / per cent Parker Vein, u; New Jersey
Zins, !; Long Island, l. Phoenix Coal fell of per
cent With sales of only two small lots New Creek,
!; Florence and Keypor, 2; st. Lawrence, /; Erie
Railroad, l. At the second board Phoenix Coal
Company advanced 81 per cent all others closed
n prices current in the morning The bears are hard
ut work on Phoenix, and, for the purpose of dcpress
hg prices some sold little lot OF five shares
al . decline of several per cent compared with
prices ruling at the close of the second board
Yesterday. The transactions at the second hoard to-
day show that the stock is firmly held. The bulls in
Long Island are making some progress-much more
ahan we expected. The downward movement in
Eric Railroad to-day was caused by the appearance
IN the market of good deal OF hypothecated stock
Aom the hands Of small weak holders. Several heavy
operators stepped forward, and arrested the decline
by taking every lot offered. The stock is now in bet
her hands and the probability is prices will here
after rule higher Panama Railroad stock has lately
bsen quite active and prices have been steadily set
Ming down. There were sales this afternoon at 1872
per cent.
The market for sterling exchange at the close for
The Boston steamer not active, and rates previ-
sssly reported were with difficulty sustained We
have no alteration to make in oar quotations
The New York and Harlem Railroad Company
have declared semi-annual dividend on the old
sAoek of two per cent The Albany and Schenectady
Railroad, four per cent.
The Delaware and RariLan Canal and Camden and
Amboy Railroad gives notice that an extra dividend
III twelve dollars per share. the capital stock OF
the above companies, has been declared, payable in
the bends of the companies, 10 the stockholders or
tAer legal representatives, and after the first day
sf March next at the companies office, in Phila-
Aslphia. The stockholders Of the Philadelphia and
Trenton Railroad Company will receive, at the same
lime and place like dividend Of twelve dollars per
share for their interest in the Delaware and Raran
Canal and Camden and Amboy Railroad and Trans
portation Companies
The Norwich Bank has declared semi annual di-
piaend Of four per cent The Mechanics and Ira
aers Bank of New Orleans four per cent.
The earnings OF the Ogdensburg Railroad Com
- 70 81, JOG "a. Same month in 1851, s2e.Ol7 "a;
1850 $l7 ,25s 81. ncrea-e in 1852 over 1851, 49,,
esS 40, over 1850, s24 s47 A..
The Boston Journal Of the 18th inst. says
Advanced prices for Factory shares are well sus-
sained The indications point TO much greater inn.
provemert and it is worthy OF remark, that no reac
lion attends the advances. Sales Of Great Falls.
Lawrence, Lacona, York Massachusetts,, Bay State,
Lowell and others OF best mills, have been made
during the week at gains OF one half to three per cent
IN market prices. high degree Of prosperity this
year viii reward manufa for their patience
and perseverance through the period OF adversely.
Essex and iadey Falls are le-s active, but have ex-
perienced only slight and probably temporary de-
elmo. Essex firm 1t ll0s; Hadley ut 90t.
Land shares claim attention in the speculative
market, East Boston, Cary Improvement and Wsycr-
w. taking the lead. The two lat named will doubt-
Ness take fresh impulses IN the spring when the
Toss improvements going on are known aud 9pPre.
sssted
The annexed statement exhibits the receipts. at
the principal points in The United states, Of produce
bonded from Canada West. during the season Of ma.
yivasion in each Of the past two years.