The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-01-28
FINANCIAL AND COMMERCIAL.
n N EY n A II X Il II.

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MONEY MAR X e II.
THURSDAY, Jan. 27-6P.M.
The buoyant appearance of the stock market wa
not sustained as general thing, yesterday. The ex
ception was New Jersey Zinc stock, which improved
and closed firm. 1t would not surprise US il the pric,
of this stock became materially enhanced shortly. 81
We hear Of important matters connected with thei
mineral property not yet made public. Erie CLOSED
at decline of per cent from the morning prices
Nicaragua !, Phoenix Z. We note large transactions
in Brunswick city stock, closing at 20. Chesapeake
Coal Company closed at decline of per cent-this
stock has risen too rapidly to be sustained
The market continues very easy, and money is in
ample supply at from to 6 per cent There is a
large amount Of foreign exchange in the market
There will not therefore, be any advance from pres
ent rates.
The receipts at the Office of the Assistant Urea.
surer of this port, to-day, Jan. ~, amounted to
$7slS9 43; the payments were 81, $50 l4-Balance,
1926 SOL so.
The following were the importations =
: Dry Goods-2,224 pkgs. per steamer Arctic; Of per
BENJAMIN Howard. Eirecrackers-2 600 boxes. Spices
Tea-17 Gil pigs.
The City Bank of Hartford, Conn., has declared
dividend of four per cent, payable on the 7th of
February
| bill is now before the Senate of Indiana, which
instructs the State officers not to receive any new
applications for banks under the general law of last
winter The reason given for this bill s that Wall
street operators in this city about to secure char
tiers for banks in many of the counties for the pur-
pose of using the notes in New York, instead of car
ryng on a legitimate banking business in Indiana.
Last week applications were made, under the gene
raj banking law Of that State for the following new
banks Bank Of Richmond, capital stock $500, 900;
Bank Of Indiana, Indianapolis, capital stock
100000; State Stock Security Bank, Newport, CAPT
tai stock $4,000; Commercial Bank of Madison,
capital stock 100000; State Stock Bank of New
Albany, capital stock $500 OOO Madison City Bank,
Madison, capital stock $500 0O0 Canal Bank Evans
vile, capital stock, 100000.
The Prices Current OF This city gives the annexed
review Of the sugar trade Of this market for the year
1862, just closed
eve commenced the year with very dull market and
the depression continued throughout January toward
s and snd
sales for the month being 200 hhds New Orleans 1910
a During February With light Supplies and M active
demand for refining holders realized further improve
ment Of &c. with sales of hhds New Orleans 100
do Cuba, 1000 boxes brown Havana 900 do white 400
bags and 200 bbl. do to arrive from Philadelphia and
three invoices Manila to arrive at Boston In the early
part of March, the market became quiet and with an
accumulatng stock prices declined &c. which nduceda
exhibited The sales were soc bids New Orleans 1915
do Cuba 1000 do Porto Rico, r. 900 boxes brown Hava
ma 100 do white and yellow and 600 bags Manila, to
the trade and refners and advces having been received
from Cuba unfavorable to large crop, the market be-
continued throughout the month toward the close
ators having operated freely and reHners bought largely
ing 500 hhds. New Orleans, $4,000 do. Cuba, 5000
DO Porto E Biz p, 2soo boxes brown and yellow Ha
and advanced prices there having been confirmed reners
a Of tho
OF the month there was less inquiry and holders were
ticed and prices Of Muscovado and box again improved
quarter Of cent. closing firm. The sales were 1000
hhds New Orleans and Texas IS 600 do Cuba 600 do
Porto Rico "a 600 boxes brown Havana, 48 bags Ma
nilla and 5e4 bags and 2l3 cases Brazil June com
menced with quiet market, refners having supplied
deprecated eighth q quarter cent. Later in the
month"; noticed more inquiry and prices of Muscova
however, proved but ansltory and the market closed
inactive and dull, with an increasing stock The trans
1900 do Porto Rico 600 boxes brown Havana and 600
bags Brazil During the first part of July there but
little done but later there sprung up better demand
from the trade and reners and prices of Mucovado
advanced eighth of ceat and box quarter Of cent
There continued through the remainder Of the month
considerable activity but the receipts large the
obtained showed further improvement but clos
ed rather in favor of the buyer The sales 800 hhds
New Orleans 600 do Cuba oOo do Porto Rico 900
boxes brown Havana 900 bags Brazil and $50 do Ma
nla. Through August there but moderate de
mand and previous prices were scarcely sustained hold
cent on the lower grades Of Muscosado the
market closing dull, with small transactions, being
Porto Rico $500 boxes brown Havana, and 1000 bags
Brazil September commenced with but moderate
inquiry, though steadness exhibited toward
the close however, there sprung up an active demand
from the trade and refners and though change in
prices observable yet the market closed buoy
any, and full rates were realized The sales were 500
hhds New Orleans, 900 do. Cuba 800 do. Porto Rico
$500 boxes brown Havana, $500 bags and 100 cases
Brazil, and 49, POI bags Manila steady good demand
prevailed throughout October and towards the middle Of
the month, prices OF common and medium qualities ap-
pTeeiated Opeeghth cent closing firm With sales Of 400
Is 500 boxes Havana 100 bags Brazil 900 bags Manila,
part TO arrive and 555S do for export About the 1t Of
being earlier than usual but of inferior quality and sold
at Az cents. Throughout the month"; the market re-
manned dull and prices Of hhds declined eighth cent
holders, however did not offer their stocks freely and
though ut the close there was but little inquiry no fur
Their reduction noticed The sales were 45o hhds
New Orleans, SEQ do Cuba 1000 do Porto Rico 5000
boxes Havana and 1000 bags Manila. The market con
tnued inactive throughout December and New Orleans
having arrived freely declined eighth cent other de
scriptions unchanged, but generally closed dull
leaving stock Jan 1853 Of all kinds of 10 0i2 tons
against !, 7e3 tons LIST January 1852.
The first annual report OF the Pacific Railroad, Of
Missouri states that the amount ots capital stock
thorized by the charter is 600 900 ofwhich $l4
7OOare subscribed and $5l2 900 paid in. The expend
lures have been, for construction Of the road
$74O,s75 49, buildings $45 1872 o.; engines and cars
S44e75 IS; right of way land for depots, &C., $l55,
357 90; miscellaneous, $l4 ,Os7 ls-making total o.
81 600, OlO 40. The Indebtedness Of the company
including $500 900 to the State for bonds on account
of the loan Of its credit for 10000 is s53713 AZ
while the amount due the corporation for unpaid in
stalments on the stocks, is 81, 202 100.
The Philadelphia Ledger says-"We were yester
day shown pattern gold dollar, prepared by the
officers Of the Mint, to be sent to the authorities al
Washington. In sze it is about half as large again