The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-01-22
FINANCIAL AND COMMERCIAL.

FRIDAY, Jan. 2l-8 p. N.

FRIDAY, Jan. 21-8 p. N.
win be seen by the reported mIes to-day, that the
market has been particularly active. Prices were
pretty well sustained, and q good feeling existed
throughout. At the first board Erie Railroad ad-
vaneed per cents Florence and Keyport, l; New
Jewey Zinc, !; Panama Railroad, Il; Rochester and
syracuse, ]4. Cumberland Coal Company declined
per Cent Long Island, II; Harlem, Al Hudson
River Railroad, Ii. At the second board the mar
ket was active, and prices quite steady. The coal
stocks are In such demand from outsiders that the
tendency generally is upward, and they do not ap-
pear TO feel those occasional depressions which other
stscks are more or less subjectto. The movement in
Parker Vein, Phoenix, New Creek, and all the other
Weeternport coal companies, is firm. These are the
favorite coal companies Of that region; and az the
zeal Of that district is known to be superior to all
all Others In consequence of its freedom from slate,
II follows that for permanent investment the stocks
81 these companies must command better prices.
The Baltimore and Ohio Railroad Company have
contracted to transport coal from Cumberland for
81 76 per tO and from Westernport for 81 "a per ton,
Indifference too tridng to make any material conse
suence in the aggregate. Sales OF st. Lawrence
Mining Company have recently been made to some
extent at prices ranging from 81 to 81 per cent.
Since the election Of a new board of trustees,
great progress has been made in placing the affairs
OF the company in proper shape. From investiga-
tions made, tappears that the finances in much
better position than anticipated. II is the intention
Of the new trustees to proceed at once to the mines
and place matters there upon a proper basis. We
have much faith in the new management, and have
NJ doubt they will carry the st. Lawrence ult
nately up to level with other good mining stocks
There was good demand to-day for foreign
change, for remittance by the Pacific tomorrow
Saturday-for Liverpool The market closed firm, at
eur quotations. Wequote bills on London at 81 a
% per cent premium; on Paris Of. Ii 81. 132; Am
sterdam, Al 4l2; Bremen, 793 q so; Hamburg,
SCI 36s. The steamer will not take out large
amount Of specie. Arrangements have been made
for shipping moderate sum in American gold.
The receipts at the office of the Assistant Trea-
snrer Of this port to-day amounted to SS5,ls5 AZ;
payments, $l34 812 23-halance, So 1888 Gl9 45.
The steamship Europa, at Halifax, from Liverpool,
brings seven days later news. The intelligence is
not important. It is, however, in commercial
point Of view, unfavorable to parties this side Of
The Atlantic. Cotton and breadstufis have declined,
and the markets were without animation. Political
advices possess interest. In financial affairs there
Mad been no change of consequence. The news, Oh
the whole, does not amount to much.
The Utica and Schenectady Railroad Company
have declared semiannual dividend of five per
cent; the Cleveland, Columbus and Cincinnati Rail
read five per cent.
After the adjournment OF the board, the following
stscks were sold at auction, by Simeon Draper