The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-06-09
FINANCIAL AND COMMERCIAL.
MON EY M ARK EFT.

WEDNESDAY, June So Y. N.
The stock market opened little tranquil to-day
far prices concerned. The transactions
tinue limited, and there sppears to be variation in
the general tone Of The market At the fret board Can
ton Company advanced 4 per cent Nicaragua Transit
~ Ecie Railroad, Il; Cumberland Coal 4; Florence
and Keyport, Il; Pnenx Coal n. At the second board
there slight reaction in prices, with moderate
amount Of business. Parker Vein declined 4, per cent
Cumberland, 4; Phoenix Coal l. In the otner fancies
there charge but at the close the tendency was
downward and duh, heavy feeling prevailed
The receipts at the Office Of the Assistant Treasurer Of
this port to day. amounted to $127 222 49, payments
STAT 52-balance, 81, 0S9, 1888 SO.
The sales at the Mining Board to day fcllos vs.
$50 shares Ulster Lead
100 do Lake Superior Land and Mining Co n
s. Draper sold, to day after the adjournment Of the
first beard at the Merchants Exchange $500 0oO bonds
Of the Columbus Pequa Indiana Railroad Company
at e2S to %.
The steamship Europa from Boston to day carried out
$f02, GOT in gold.
The Citizens Fire Insurance Company have declared
dividend Of ten per cent The Ena insurance Company
Hartford, have declared dividend Of ten per cent.
We have received he following letter from Mr. Berdan
in relation to TIE statement which had recently appeared
about the operation of his machines al the Gold Hill
Nine North Csrolina:-
New YORK, June 8, 1883
To The EDTeR THE HERALD
IN your paper Of the It'll inst I notice statement
Hill N. c. that of my mschinss in operation
that place the LIST of this month 1t is useless for
to furnish you any evidence to the contrary for
presume that yen bave already satisfied yourself upon
suhority in y ch you have confidence that there
nth IN the report have learned that your infor
man. is Mr D. Baker and when state tina. he is the
active travelling agent Of the proprietors Of Coshrana
machine you will read nuderstand his motive and OBJ
iect in giving currency such isstatemsnt Il there
fore follows that he should wish TO dscredt all Others
The believe is sufficient to enable you 10 trace the
whole matter frem cause to effect have in posses
zion evidence that this MIR Baker has been at Cola
Hill that he expressed bis regret to Mr. Rce Of Wor
cesr Mass that liz had not visits these snnes when in
North Ca DINA, aud he also stated to that gentleman
that he was in the employ Of the proprie 10 anu
fscturing and setting up Cochran's machines
Yours, &c, II BERDAN.
We lave been informed by several genternen who
have had for ascersnins the particulars of the
operation Of Berdans machines at the Gold Hill mines
in North C4roliua, this. the individual upon whose
thorty the report started that the first Of June
Of those machines in operation at that place.
s the agent OF the propretors Of other machines we
have to believe that his obcs was possible to
restrict the employment OF all rivals in North Carolina
any other part Of the gold mining section Of the
try We have the letter Of the individual referred in
our possession, and any interested II upon
persona application The fast that Berdans machines
n.operaton at Gold Hill several days before the frat
Of June, and had been in operation long enough at
that time to pretty thoroughly test them, removes
entirely the effect produced by the statement to the
contrary. The party who purchased the talngs Of the
Gold Hill mine has, Learn, ordered several large ma
chimes, (some of witch have already been shpped)
after having thoroughly tried thoseon the ground which
is pretty conclusive evidence that he at AL events has
confidence in them We also learn that Mr. Graham OF
the Mint at Charlotte N c., speaks in the highest terms
of Berdars acbnes Another experiment will be mads
in this city in few days, which will be conducted in
such TO oil doubts that may ut pre-.
exist in he inds CT scepcs. We have been
present At any Of the experiments made and whatever
have stated, in favor Of against this machine has
teen the authority Of those who, supposed at the
time, capable Of Judging correctly about the matter
| The next experiment intend witnessing and shall
epdavor to give impression relative TO the result
desire to bring out the inventive genius Of the
try, in these crushing and matchmaking machines, and
intend to do strict justice to all asprants to the produce
| tion Of the most perfect Of the class.
The following letter received this day BY the Sc,
| cIetnry of the Ulster Lead Mining Company -
ULSTER NINE June Z, 1863.
The vein in the drift still grows richer p,eseat it
o,u .esx .stI ~ s1.eAA.ss, I-.s .e-d, tg-L@L~l.