The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-08-24


nosEx aAn KEF.
rsxrAxs Ass ss-sp.h.
r>ws xss rs~s activity and batter fseliag In the
$50. s&stsS te DAY. pr~ss sssssa, Improve uecs
r~~k.sl sss krse . porz.a a ths saaesctioas
~ sane sxv.gA ynsrsas IN sas ups-srd
aez2 sax Asvs xaA-szsy u ia ps-nsnsncy. The
sz sSreps b tsvsrSss fsx oo1sraAzcc o. peace-
II. rsssa~s. between me greet Pes~rs, ssd this IN
as<sas<s I'D "a sr~St sAis zaeruins In The market
~s savs s~sa S~s~~i ssSr.ssss al foAnciai
a&rrxssas%rss sAs ps~sssa Of political Affairs in
xrrSp& nxs aczst,sss Asa . sssdssey 70 dspress our
sssrk zaA<ks> hal ic = ksss had influence
s<z ~ sAer - asse<Aszg prices fse fAnsy stocks
gSAsr have sssa removed nsiera ed BY the
yss1as sss1 rsaes frsA Earsss We mast look closely
u su4<r.Al s.AscsA saa dsv.s uHys AAf to
tAs A. Increasing demaad fsr zossy We shall
sxas~s sSs a TIA fAa AA<s fall enough
ssasl 70 stsoSt oeSfng abroad fer din auites
= sersaes car enh~-rss4nsnkL That 10 shall have
t~As sa-, for log sinss tAere l. not tbs
esaseA asGbs Our Adsees from Eaxissd ooaarn this,
BY shouting tat shall nOs be alone In London the
dApd FIR Dsssy continued active and the draia for
balboa aPcn the Bank Of EngiAad - strsng ever
rhs Icsasa Ae~S OF the ista Inst says.-
The rexsittssce Of gold 70 tbs coutssat arc not 10
tbs iss Australian supples have bsss sxhs usssd The
deUAsa for fFsocc aouss unabAtsd AAd under pro
ss ereumst. noes any frssh inpsrts Of the presoas
roeitn process carried thrsush As we hare be-
sore sxrisissd tho chief profit he OF
gotd sc.sss the Channel consists in the silver contained
IN the geld this refining process bsng carried on Paris
large scala, Ard with great eosnony California
soa ssss r. iss cactAss Acnoe the quantity OF slrs,
tor rsuitaEse sas the quantity Of silver centsaed in
A1strees god Is ct sufficiently conSeerass ale OF
it, exrortAnoa at profit Tho gold held by the Of
kngsnd eticg ne goldn il not suited for
sh,s w; and noreeysr parties would have to boy it
UNDER Ieseeat circumstances wssd act lsAys profit
1hs drss On the Banks stock however, continues.
This saovs stats Of things not cacusassd to help us
much oss tits side Of the Atlantic Similar causes have
operated In London and in this city In producing tho pre-
sers pssiton Of financial Affairs; and undsss genera
ecnsrscton in mercantile operations takes place the
str.sssrcy IN money matters must not sn,y continue
but incxeaee
The tsrsors In the stock mAr,.st to-day arc az fol
O~s-Aorris csaaI sdvancsd per oess; Hanover Bank
X; Erie bonds 1882, X: Nicaragua, =; Cumberland
Coal l; Parker Vein. k Erie Railroad, ~; Harlem, II
Reading Rsiiroad III; Hudson River Railroad, Mlchi-
gan Central Rsread, l. Now York CeasrsI Railroad do
ciined u rez At the close Tho .endsnoy was eight
" downward
AT the Mining Beard to-day the sales weee tcnows:
i ioe Nth Caroline coDpsss 90 Usser Lead *
100 Dc DO b3o 60 Camo. Coal, rs 3az
The receipts at the ooe Of the Assistant Treasurer of
SO, ST eSi balance, IS 43a2, go c..
hAny Of mining companies, aud most OF tho old
very much In want Of . reorganization. II would
good to rsvoutoass than, and them
throughout The stockholders should get up coup
da: and maize STAN peds among the present boards Of
1irse oss. They Of too respectable character
sntrss They depend altoSsthsr upon their spscts
blity Many Of the directors In mlnsg companies
at In teir big easy chairs their haadse ely earpeted
a A~lAI
iodss, opeiDg, Wilma, pyritss and oxides without &C
tuay knowing tairg nos about them than 50 many
big schoCibcys- Tbs fact Is that AID osnstors
Of Dnss seniss generally have depsnded too much
npca ths value Of certain in this cemmuni:y In
putting th6r projects before the public Ard they have
Sssc beautifully humbugssd. They have locked much
to the trestsbiity and position OF tho hoard Of drec
tors tina they have forEettsa everything cleo They
have l sight eatey Of tho fact that managers Of
sIg companies ahcuh possess at least moderate qusa
hy Of brains and practical snsuiedga Of the bGsi
n which they arc engaged insssad d which
thsy have sacrificed Al - responsibility. New, all
this aSsa1disy must b ahandensd mining stocks wn
not b osA much In this any other market. II Is
~~-s1 49, - aha uosia TO gs4 10 Q asespsctabis"
beard Of dircceors The Of Of tbs most respsc
tsbae aagss in tia city caa b obtAAsa for condesra-
on bse <sy net n fact. worth sren that however
tiAine. u now wsnsundsestoed what the market
price Of hjshy respectable for director In any
tsoGY&ssoa company Il, that Il has real vsius We
~ast yssss men, rot parcel OF old essiss vhs have
ssssctabhty than any thing sss. The time hiss
soas By whn great viii create confidence In the
public iaA on whsa highly respectable beard Of di-so
don ~ ensme prsductivsosss In mining operations.
tss pass generally had H.:s faith a. we have In the
~isas and ss1ty Of the hosts OF respectable names
which placed the board Of dreesn Of nearly every
as~ incorporated company, they would not touch the
STOCK vt any price, We have In minds ss several
comQsniss which require reorganization from hsad to
tell; ana untii summary measures are taken by The
ookhsdsrs to p,ase the Adnaisratisa Of their Affairs
q proper bands they win Look In vain eor aivlsnd or
anything dee, rom their property.
Five corps Of ensinsen employed on the sur
vsys a IL Httstdfg and ceg,sQsyins Raiirosd and
sixth About TO Be- orsaaissd- The Bo,~ore Ap,Soas
-Ays-
essld 70 The grsaeS arc even moro advantageous than
Anticipated Tho surveys Of Mr. BlAckissoss chief
aemoctrsts that tie summit Of tho AIegsniss can be-
crossed by tunnel OF about 900 feet With grade on
ehss 20 fcr re distance q some ix miles not az
tie snip t1ope on the route and BY sng5eni0g tbs
grade can be stp further reduced On tho western side
q toe tunre tie grade, far the surreys have OK
tsrds does not o. ,eed twenty fest 10 The mia
1ns North Carolina Company have appointed Mr.. VIII
their chief snginssr, and he Ia at ths mines ia
dtschssgs Of his duties Mr. wider hasbssn x years
In CuhA employed the San Aayslias mine The North
cArcna Copper Company have recently received adyicss
that At tEs depth Of hundred feet which Ia the bot
tom q The present workings hs vsn continues rich
e7ex ara with incrsadng width steas engine wiz he
at vot In about tweuy days, when Large quantities Of
orr win be raisod TO the surface.
Tao snnsxed stitsmsn. exhibits the quantity and
~aioe " certain articles exported from this port during
the wsek ending and including SATURDAY Aayus. 90 1st3
distinguishing the destination and extern. " shipments
70 each place
CosxERE or TIE FoRT on NV YoRK--w JSIY Exrogrs
LIVERPOOL
Cc.tor, hasos. 2 80 tilS,71T Spongs, bbh II 1874
flour .isbA 8 icG AZ ESQ 1 Il pe1ds. e. cSi IL Tsa