The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-20
FINANCIAL AND COMMERCIAL.


ticn. At the first board prices were pretty well aus
tsined, but operations exceedingly limited There
appears 10 be speculative among operators
and the movement the street is con6ped almost
re TO regular brokers' The coal appear to be in
better demand than usual but Is principally from par
tes engaged in the coInerng operations Of the day.
Nicaragua Transit advanced to day per cent Phoenix
Company, y; Parker Vein, *; Cumberland, n Erie
Railroad, y; Long Island, IN; Hudson Railroad. u.
Morris Canal declined per cent; Canton Company, Vi
Crystal Palace, az.
The injunction agsinst the commissioners Of the Saut
Ste Marie Canal restraining them from executing
tract with Mesrs. Corning and associates has been dis
solved This decision sustains the commissioners The
canal company formed for the construction Of canal
around the Saut Ste. Marie rapids was organized on
Saturday by the election Of the following officers Eras
tus CorOing, Of Albany, Preadent John w. Brooks Of
Detroit, Vice President; John v. L. Pruyn Of Albany
Treasurer; Charles Harvey General Agent The board
Of directors, besides the president president and
treasurer includes Governor E. Fairbanks OF Vermont
John NJ Forbes Of Boston; John F. Seymour Of Utica;
and James y. JOY of Detroit.
Dir Draper will hold his regular weekly sale Of stocks
at the Exchange at half past IL o'clock to morrow,
(Friday.) Several desirable securities will be offered
The sales at the mining board TO day foloxs
100 shares Phoenix Coal. "a
goo 90 Potomac Copper ......................b3
Zo9 90 hlawasee ACKNOWLEDGEMENTS AZ
200 DO Phoenix Gold. .......................b60 az
Tho steamship Africa from Liverpool brings three days
later intelligence from al parts of Europe Quotations
for cotton chow slight Improvement with fair amount
of business doing. Breadstufs remain as previously
quoted both regards prices and and. In money
matters we have change report A little moro de
nand existed for money but effect was visi
bo good business had been transacted in American
securities, and prices remain firm.
The receipts at the Office of the Assistant Treasurer Of
this port to-day amounted to 500 07O payments $751;
253 59-balauce, Sc. 70b, S67 OF.
The earnings of the Rutland and Burlington Railroad
Company for the month of April nted to $40 08
against 1856 AS for the corresponding month last year.
showing increase Of 1881 65-equa to nearly 100
per cent
DR. Charles Jackson of Boston, the distinguished &c.
cloeist has just made report upon the North Carons
copper mine in which he pronounces it unsurpa .sed
richness and in s results unprecedented in the history
of copper mining.
The Norfolk Beacon states that gold mine which pro
misses 10 be very rich has recently been discovered
Trre county North Carolina This is the first scovery
Of gold that has been made in the lower part Of the
valuable silver mine has also been found in Gordon
county, Georgia We learn from the Warrenton F7ag
that MT. Thomas s. Hall Of Fauquisr county vrginia
has sold his copper mine to New York comp sny Cor
SIS 600 CRYING also interest of eighth In the
property. Dr. Taliaferro, who copper mine on
contiguous land time ago sold it for s. reserv
ing similar interest Of ono eighth.
The Board Of Public Works Of Virginia on Saturday
last made tho State subscription SEQ 900 to organize
the Alexandria, Loudoun and Hampshire Rar BAD Com
paDy
At . meeting Of the Trustees of the Flour and Grain
Exchange held yesterday afternoon the folio wing officers
elected for the ensuing
H. Wolfe. Vice Prosident-Henry Suydam, Jr. Trea-
surer-kaAc 7. Frost Seorstary-Phletus H. Holt
Counsellor to the Board-T C. Buckley. Arbitration
Committee-Theodorc Banks, John j. Kingsford Ammi
Bows.
The powers Of this committee are defined BY the 11th
section Of the act of incor poration as follows
Sec, II. The arbitration committee appointed as
aforesaid shall possess the powers be subject the
by the laws Of the State OF New York and made
by them must be made and may be enforced therein
and thereby directed and all the provisions contained ia
title fourteen part third chapter eight OF the Revised
Statutes OF the STATE Of New York, and all acts amsoda
tory in substitution thereof sh. apply to proceedings
incorpo aied herein That the judgment rendered
in the therein dir ected any award made
BY them afor said shall not DO subject to be removed
reversed modified appealed FROM by the parties inter
ested in such submission a. aforesaid
The following gentlemen elected Directors Of the
Carroll Copper Company for the ensuing year-Marshau
Ptpoon, Henry Adams, Lyman Denison, Dan. A. Gala
way Chas g. Macy Thomas F. Mason, John Stanton,
Thomas J. Rsterbrook, Lyman W. Gilbert. Prosdeat-
Marshall Pepcon. Tressurer-T. A. Cushman. Secre
tsry-Lyman w. Gilbert.
The annexed Official statement exhibits the amount Of
tolls collected the canals of this State during the
cond week In May and the IA OF May In each the
past eight years -
NEW York STATE cAsA1s-ToMs COLLECTED.