The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-04-24
FINANCIAL AND COMMERCIAL.
M o n f Y M A n X r II

SATURDAY, April 23-6 p. NJ
The stock market opened to day weak and unsettled
with slight indications of greater decline At the first
board, Florence and Keyport fell off per cent; Cumber
land, ~ Reading Railroad, q; Panama Railroad, l.
Morris Canal advanced per cent; Canton Co., IS; New
Creek u; Hudson Railroad TX. In others there was
change We notice activity in railroad bonds and
city bank stocks Erie and Hudson River Railroad bonds
comprise the principal business in that class of securities
The market is by strong and the upward
ment recently realized far from healthy The fact
is that out of Wall street there is speculation and
the brokers cannot be buyers and sellers all the time
make money They cannot get up prices without extra
ordinary aid from outsiders and there is present very
little probability of such aid being granted. When the
brokers wish to break down the market they can get
along very well without any external influence The
fancy stocks all held in the street. The weaker
classes of brokers filed up with all kinds trash and
they particularly anxious to get rid Of it without
loss The coal stocks weigh heavy upon holders and
prospect looks black enough. Thus far very little coal
stock has been distributed It is mostly hypothetical
large blocks account Of the original holders and there
il is likely to remain The few outsiders who touched
Cumberland and Phoenix got their fingers badly burned
and the probability is they will not touch them again
The receipts at the Office of the Assistant Treasurer Of
this port TO- day amounted to $780, ITO payments,
s149, 204 81; balance So, 500, 902 3D.
The coal trade over the Chesapeake and Ohio Canal for
the week ending the 10th nst greater by Sl3 tons
than that of the last week, (Which showed increase
of 642 any previous perod) and would have been
still greater but for unavoidable accident the Mt
Savage Rsroad47 boats having been loaded with 4797
tons coal 100 COKE The canal continues in fine navga
BILE order and boats almost hourly arriving and
parting During the week ending the 10th, there were
transported the Mt. Savage Railroad 5Os4 tons Of
COAL and the road Of the Cumberland Coal and Iron
Company 1870 tonstota transportation for the week.
1854 tonsand since the 1st Of January last TONS
Of which 500 tons transported the Baltimore
and Ohio Railroad and 81 descended the Chesapeake
and Ohio Canal This shows slight decrease in the
transportation the Baltimore and Ohio Railroad as
compared with the previous week.
The Baltimore Sun Of the 22d saysIt is stated that
the miners and laborers in the Cumberland (Md coal
region have struck for higher wages and that in conse
quence coal business has been entirely arrested and
must SO remain until the difficulty is adjusted
Copper ore says the Raleigh, N. c., Register has been
recently found the lands of Messrs Atwats between
four and five miles southwest Of the University 1t is
the double suphuret of iron and "copper" the from
which nearly all the copper Of is extracted
and the that is raised at the Fentress mine in Gull
ford-quantity unknown.
The quotations current in this market for the prncpa
mining stocks annexed -