The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-08-07
xNANGIAL AND CUMMERCIAL.
uoHHY hare nT.

r. VI.
Ne tendency Of prices sttn continues downward The
mars large puschsssrs to day fer cash. and large sell
time Erie Railroad and Parker Vein Goal stocks
vs ths most active the list and the transactions on
- sellers option, unusually large. Nicaragua Transit
- sDsratsd in On t0s 10 SEINE extent, and closed
Asny. Tho variations to day In prices, compared
NM there current at the close yesterday, were
- fsllewss-Niesragua Transit declined per cent:
Florence and KsypIt, y Norris Canal, u; New
Jersey Znc u; Phoenix Coal, 4; Erie Railroad,
y; Parker Vein, 4 Cumberland Goal advanced
FER cent; Crystal Palace q Ston,Dgoo, IL; Harlem,
q; Panama Railroad, l. The bulls made . aes psrats
effort to sustain the market and all sorts Of
measures, but In vain A prominent holder of Erie
Ral,sad representing tbs clique the head Of which
Stands the treasurer of the company attempted
. rally, by bidding IS per cent, bayex's option,
sixty days in the face of II per eea the cash market
Price. The did not work anticipated. An effort
similar TO this made vhsn the stock was selling at
70 Der cent Of without The fall In fancy
stosks has been very great and II the impression Of
many that reaction must DO realized. It is trus
Prices comparatively ow but it does not follow that
thsy will not 60 much lower. An easy money market
would net bring about immediate reaction. Coma
dense all gone. No one mo-, the heaviest holders
has faith in the value Of any OF the fances, and will
tale long time to restore confidence sufficiently to
maintain the most moderate rates The banks have
ssn In very tight place, and 1t has been with the
greatest difficulty that Of them have raised specie
enough to make respectable average. Several
have been helped BY Others to make up decent show
md they viii be compelled hereafter TO very
1susly to maintain the average fret presented. We
hake up our minds for stringent times the
nsDsy market viii not be easy again for many weeks
lsSbsps months.
TIE receipts the of the Assistant Treasurer Of
tbh pert to day, amounted to s1Oa sal 49, payments
500, 4l5 74-balance, 50, 400 679 o.
The outward movement Of specie during the present
week has bsen limited The exports have bssn as
Asxsd:-
SHIPMENTS OF SPECIE THE PORT OF New York.
Brig Clara Burgess Puerto Cabello, specie So O48
Nip Seaman, Aontevideo, d0ubloons. ........ 2lS2
Fetal July so to August 6................ IS $50
Brsvi0uiy reported ACKNOWLEDGEMENTS. II, $50 O8l
The steamship Atlantic, from this port, to day, for
liverpool, had no specie ON freight
The tonnage for the Reading Railroad for ths week
ending Thursday, A 1853 TOMS nakipg for the
scn 93 500 tons berg 27 tons less than the
time last year. The schuylk Navigation, for the week
ending ON Thursday brought do~n 20 467 tons Of coal
NAL tonnage for the to that ime Of 43S 249
toms being in Of the tonnage the time last
ysar OF 80 All tons The demand for anthracite coal is
believed 10 Re considerably in of the apaciy of
Ne several carrying companies Shipments OF coal on
the for the seek ending vito Saturday the Both
lk we're 90 AGO TONS For the seasoa they amounted
= $50 09 TONS against SAG 1896 tons TO time last
year Decrease, 227 tons. From the Lehgh Companys
sssint 242 1868 IONS to fams time last year. Increase
1851 tens.