The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-11-18
FINANCIAL AND COMMERCIAL.


HONEY MARK EFT.
THURSDAY, Nov. l7-SPM.
me- stsch market slightly moro bsoyant to-day but
sns transactions not large usual The Euro
psan news may have had some influence upon prices,
without giving any impulse to operations At the FIRST
beard Delaware and Hudson advanced per cent? Canton
osnpany, y; Norris Canal, y; Nicaragua, u; Cumber-
lad, NJ Parker Vein, u; New Creek, u; New York Gen.
nal Railroad, j; Erie Railroad, X; Harlem, q; Norwich
s.a Worcester, Reading Railroad, x; Michigan South
Railroad, a. The market not arm at the close,
- consequences Of the large amount Of stock Offering
The steamahip Arabia, At this port from Liverpool
brings three days later intelligence from all PAL of Eu
yspe. This news In financial point Of view, is better;
commercially it is slightly unavorabe Breadstufs and
cotton had declned-the latter about one-eight OF
penny per pound and the former one to one smiling ana
IN pence per barrel for four and two to three pence per
1ushsl for wheat Indian corn was active, At small ad'
vance Quotations for consob had again improved and
= h reported that money easier Recent specutions
IA sonsos have caused such demand for consols from
the bears that prices temporarily inflated As
as they have delivered many of their contracts the
mashet value will probably decline. American securities
ware dull and depressed Prices considered merely
nCninaL
he Pacific Bank has declared semi annual dividend
q four per cent the Bank of Albany four per cent the
Mechanics Bank of Baltimore six per cent; the Aercan
Tie Marine Insurance Company Of Boston, five per cent
tslegraphc despatch from Providence states that
ale made yesterday by the Hartford Providence and
yhkl Railroad Company Of $275 600 six per cent bonds
Of the city Of Providence, at l07.
The negotiations which have been pending for some
months between the Norris and Essex and New Jersey
railroads. relative carrying out the provisions of the
lin passed in the New Jersey Legislature Last winter for
sonneetipg the roads, minated, and will be
saS5ed into effect in few months. The Norris and Es
Railroad track will Broad street. Newark the
vel Of the street. nearly opposite the presen. terminus
q The road and connect with the New Jersey Railroad
bridge north Of Division street. and by track in
Aast NUark.
The Forest City Bank Of Cev eaud Ohio has issued GER
Asstes Of deposites for small amounts payable to tell
.. in the bank bearer this paper Is designed for
general circulation bank notes, why is it issued Ex
spt to avoid giving the security required by law for cir
s1tipg notes. the notes would be convenient
- the bank and its customers.
he specpative operations in Baltimore and Ohio Rail
rad NOON have for days past created excite
nent in Baltimore. The Sum- of that city, of the 10th
Inst, gives the following re port OF The market
The stock market again active yesterday, and the
Ehow falling of from the extreme advance of the day
Drevious. Nearly 1900 shares sold at prices ranging
II SIX bid IS sd-a decline Of x the closing bid
u Monday The large speculative time sales somewhat
their buyers option
hugely preaomnatng, being two to Of sellers option
Ne shOrts are buying as rapidly as possible and but few
sellers bold enough yesterday to put out contracts
~ the lower figures Most of the contracts SELLERS OPP
ton) which parties buying TO M before the
maxim time expires made at much lower figures
han prevail and onsequently considerable losses
Must to such sellers Some II 600 shares, per-
hAps, have been thus sold in the past three weeks.
many Of these parties commencing to sell in that Just
where others who had long shrewdly done and made
money thought &C vsable to leave off, turning buyer
tnstssd seller The party thus operating strong
In and influences but how far they choose
- carry tie game ct this time rem aims to be seen.
The amount Of Cumberland coal sent ,rem the Frost
burg region for the week ending Nov r. IL 400 ons
from the Georges Creek and Westernport regions $685.
~ tons Total from the region for the week. COG
e0s OF this amount 4,35o.l9 tons of coal and 1918
1ons Of coke descended the canal in forty three boats
md 2174 tons passed the Baltimore and Ohio
yairoad. The totol amount sent from the Frostburg
ysgion for the year is All ess from the Georges Creek
md westernport regions, $780, Total from the Cum
be1and region for the year, 46eS75 TONS The canal is in
me boating order in consequence Of the rains
and transportation is going forward without inter
yuption, from Cumberland to Alexan ria
he annexed statement exhibits the financial details
ths consolidation Of the Central line of railroads in me
1Ats Of New York; also, the operation of the different
sshemes adopted for the purpose Of putting into the
pockets Of the old stockholders nearly millions Of
dsr in the shape Of funded bonds created out OF an
imaginary speculative premium value given to the