The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-06-23
FINANCIAL AND COMMERCIAL,
MON Ely nj A n X e II.

Il
There was perfect stampede oday among the fam
ces. An immense quantity Of all kinds Of stocks were
offered, and the shorts had grand opportunity take
in for delivery. Erie Railroad handled roughly
by the bears hAa any other fancy the st and they
sold 1t down points lower than it has before touche
for many months. The dividend question which BIS
been postponed OCTOBER November. is the principal
cause and shall be surprised the stoc ten
fifteen per cent lower than it ranges 1t hs oesa
opinion from the first that the Erie Railrot Com
pany has earned dividend About or four
years ago devoted great deal of time space,
the discussion of this conpanys financial affatrs,,ld
showed conclusiveiy that q dividend toe cot o,r
never be earned with q single track. 1t is nfaioy
opinion that 1t more than yer eIabo
one with double track 1t is too hot to give present
rate article upon the rise, progress, 1y requir
position of this company, and it iaoeen real 3
ed, for all anticpations ny the 6nan Q
lied, and it is now ackuowlede the company
ciAl officers of the management vie of the la.
pay another dividend in in fact to an id.
biues about maturing. This asserted ABOUT past
mission that what have SONY have not earned
dividends is true, for if the,nths it has tits
dividend during the past next thirty days there will
impression that wittnt board of directors and
be scattering Of thai give u.s. we hope at an early
new rganzation wccount of the cost earnings aud =
day full and det OF the road from its start In the
operating expenAnd bears of Wall street will have
meantime theme stock. Nicaragua, Parker vein n
fine times Harlem down rapidly to day. The G,
Cunberlapxteb 70 other fancss, and there we're =
panic in at the decline. AT the first board to-day d
large ace fell of per cent, Morris Canal n Canton
Crys !, Nicaragua Transit u, Cumberland N, Parker
Coz, Phoenix Coal u, Harlem l. Erie Railroad AZ .
ing Railroad q Hudson Railroad \, Michigan Cen II
i u. Railroad bords and bsuk stock quiet The -
.ibe bonds OF the Erie Railroad Company will be
ny injurlosly affected by the passing OF dividend on
e stock. p
The rsce the Office Of the Assistant Treasurer of
lis port, o-dsy amounted to sl25 o54 9s; payments,
D. 747 64,a - oo3 954 H. This is the first time
nee the sopt ct The pendent trea sury system
the dssits in tins port have reached t.
~ ht milik Of dollars.
TIE saiest the Mining board to day, we're as an i
,exed - :
100 shares Insolan Coal ....................s3
go 60 t,er Leai .;."..................o6 o "a !,
For McCupk Cold AZ offered, So asked Like supe 1,
ror SILVER offered, asked, Phoenix cola, 4 offered a
IL asRed Eat Nor, bern Lead osIered, 4 asked. y
The Trsdsen's Bauk declared dividend Of three n
dollars pei rae East Boston Ferry Company have Fl
declared deod 81 dollars per share IN stock tue o.
Boston aodens ksi'oad four per cent; the Taunton
81 .nch foei cent Tue Cocnec, Manufacturing Com $
lsny hsveaeH dividend oil tniety dollars per share q
The stockppauy Jour per cent the salmon Falls Com Al
tany tJolars per share The Sand sich Glass 1om c.
many hyd cent the New Oti-aas Gas Light Com =
spy annual dividend of i've per ceot, payaoe 10 d
Ne. Yotckh0idefs at the Merchants Bank, On the
frat Of -
TIE sisbip Canada. from Boston for Liverpool TO r.
day CT out 1914 OIO IN specie, Of which s414o7o "a
was in ingots, and 500 900 In coin =,
Frou ~ whitney, The distinguished geologist, | Of
nov way 10 Lake 81 pertor, has just made a i'
thoro aminat,on Of the OF the Great North y
m Lanpsny, ms report, after rccapitalatng in G,