The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-02-11
FINANCIAL AND COMMERCIAL.
M ON EY NJ II X Il II.


MONEY MARK EFT.
THURSDAY, Feb. l0-6 p. NJ.
All the leading fancics continue in active demand
at steadily improving prices. The bulk Of transact
tons to-day was for cash. At the first board Mica
ragua Transit advanced per cent; Potomac, d;
Cumberland Coal {; Harlem, &; Hudson Rail-
road, Q; Northern Indiana Railroad, j.; United
States 6s 1862, 4; United States 6s, 1867, &; Con-
tinental Bank, /. At the second board the market
was not 30 buoyant; and at the close the tendency
was decidedly downward Nicaragua fell of per
cent; Cumberland Coal, !; Parker Vein, 4; Phn-
Nix 2; Montgomery Mining, i; Long Island, 6;
Erie Railroad. !. Harlem advanced / per cent;
Michigan Southern Railroad, /. The coal stocks
appear to labor under the greatest depression, bat
the probability is that it is only temporary.
The New York and New Haven Railroad Com
pany have declared dividend Of three and half
per cent; the Wateltown and Rome Railroad, five
per cent.
Mr.. S. Draper will sell at auction, at the Mer-
chants Exchange, tomorrow. (Friday0 after the
adjournment Of the board OF brokers, a number Of
shares of stock Of the Michigan Southern, Northern
Indiana, Erie and Kalamazoo, and OswegO and SYRIA
cuse Railroads, Astor Bank, and North American
Insurance Company. Also, $1,000 Of Ashuelot
railroad bonds, and $4,000 California sevens.
The advices from California, cia New Orleans, by
telegraph are not of very satisfactory character.
The semi-monthly shipment of gold dust from San
Francisco in January was not very large; but under
the circumstances, it is, perhaps as large could
have been expected. Prices for provisions in San
Francisco had deprecated largely; but this, up to
the latest date had not produced a corresponding
decline in the interior The next steamer will proba-
bly, bring more favorable accounts, and a larger
amount of gold dust The steamer Ohio, with the
mail to the 10th OF January, will not be along for
several days.
The receipts at the office OF the Assistant Trea-
surer Of this port, to-day, amounted to slsJ, l75;
payments, $s,70l s4-balance, s4l77,272 81.
The earnings of the Norwich and Worcester Rail-
road Company, Tor the month Of January, amounted
to SIS 426 10, against sl35s3 80 for the month
in 1862, showing an increase of $4ys42 60.
The mportations into this port to-day, February
l0th) have been as follows
Bcer--36S casks. Coal-1O0 tons. Cofee-2,l50 bags.
Dry goodsl4S packages per sta Morse, 3es per Nord
America, 2S2 per Aida Drngs-30 casks ARGOS, 120
casks soda ash 2s casks tartar l65 gam,
100 corice root Fruit 400 boxes oranges 906
bales. non-sSl tons pig. Lead-97s pigs Pant--7o
casks black lead 20 kegs vermlion. Rags-s67 bales
speter-97 29 plates. lea-l1s5s packages
The discussion in the Wisconsin Legislature, about
the Fox and Wisconsin Improvement Twelve per
cent bonds payable at the Office Of Simeon Draper,
arose in consequence Of the application for the ad-
mission Of this scrip basis for banking purposes.
The importance to the State of the work for which
this scrip issued, and the character of the
rites pledged for its redemption, are well under
stood and appreciated by the Legislature and there
is every expectation that they will come to favor
able decision on this question, which will add to the
value Of these every way desirable securities.
The agent Of the Potomac Copper Company writes
under date of the 4th inst, as follows -" have
taken out Of the Paxton mine barrel Of most ex-
celent specimens, such probably were never taken
out Of any mine in the world at similar depth
say thrty-fve feet from the surface--and would be
very hard to beat by any mine, at any depth.
think we have most astonishing vein Of ore at the
Paxton mine. 1t is now over four feet in width two
feet Of which is solid copper, and the balance is
strongly impregnated with copper. It appears to be
steadily increasing in size we go down. believe
and the miners at work confident that in sinking
few feet deeper we shall have at least four feet Of
solid copper in the vein. The specimens have &C.
lected are fair average of the vein, and were all
thrown out at one blast" It is estimated that ore
from this mine can be transported to Baltimore at
the low cost Of 81 so per ton.
We learn from the .Centrevle Sentinel, that on
Monday, report having obtained circulation relative
to the solvency Of the Farmers and Mechanics Bank
at Chestertown, Nd quite severe run was made
upon it; but up to late hour that day every dollar
that presented at the counter paid of readily
in just such funds as the holder demanded The pro-
visions of the charter of this bank restrict it's issues
IN he ~ al
any excess beyond this sum- the private property Of
the directors is liable.
The Cincinnati Noaparea cautions the public
against the notes Of the following Indiana Banks, as
il has learned from good authority that they not
received on deposit by the State Bank Of Indiana
State Stock Bank, at Logansport; Plymouth Bank,
at Plymouth; Government Stock Bank, at Lafayette;
Gramarcy Bank, OF Lafayette; and Public Stock
Bank, az Newport.
The last annual report Of the Morris and Essex
railroad company, made to the legislature Of New
jersey, presents the annexed exhibit of earnings,
expenditures, &c. =
MORRIS AND Essex RAILROAD
SapIai STOCK SlV1., ~ w
fuhoed oebt l2S,OoO O0
Contingent fund ACKNOWLEDGEMENTS. 69,90J GO
Total. .....................$l 220, 325 60
Cost of road and it, appendsges between
Newark and Hackcttstown. $3.50 91s O3
Cash and bills receivable. ..... 2}9, 407 81
Income from passengers, freight, and other
source
Passengers. ass, 418 81
Freight. Observation-Disclosures. 49,073 II
Maiis... OBSERVATION-DISCLOSURES. 2,324 10
Rents and sundries. OBSERVATION-DISCLOSURES. 1897 rs
$l4o,I64 "a
faid for repair, right Of way motive power,
and contingencies. ............ $50 351 81
INTEREST,". Observation-Disclosures. I,S2l ~