The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-09-01
FINANCIAL AND COMMERCIAL
n o n EY ID AR K Il = i.

"WEDNESDAY, August 3l-b r. d.
The leading fsncies day Nicaragua Transit and
Cumberland Coal both of which TIE transactions were
principally on time. The former advanced saie tia
asses ssc'n the amount of stock offered. Cash
ope, atioua continue very limited snd tn
Indications of pSrmanency in present prices On the
trary there many why lower prices should
rule. With tao exceptions every stock the
st hes wide margin for depreciation, and il is not
reduced it viii bs from the movements OF specula
tcs for rise, than from any real val the stocks
tan. Wall street management frequently initiates the
mcst worthless stock security, and tell what
will be the effect of the various influences which are
frem time TO tine brought TO bear the market T.
Improvement in Nicaragua Transit has not very sub
ssniiai basis Tho recsn rapid passages Of steamers
longing to this line have given greater activity the stock
but is merely anticipation Of increased business on
the outs that has caused this upward movement II is
not however, improbable but that the changes which
have been made in the route TO California Nicaragua
may ultimately permanently improve the market value of
the stock Cumberland Goa! viii for long time be SUBJ
ject to great and sudden fluctuations ard will be dan
gerous stock to operate in II s an immense concern
and very liable to serious arrangement It cannot under
the most favorable auspices, be made productive for
mary years. Erie, Harlem and Hudson River remain
without material alteration, and not in very active de-
mand. At the first board to day, Phoenix Coal declined
Ling Island advanced u per cent Canton Co. NJ Nicara
qua Transit p Florence and Ksyport T. This last named
stock lie steadily working back to its old point. 1t has
many strong friends, who have the greatest faith its
ultimate value. New York Central RR. auctuates frac
tcn from day to day. with moderate sales. The opera
tions in irregular lots, which looks as though old
holders clearing out Crystal Palace hangs heavy
at par, which, in opinion, is great deal than
il is worth. Panama RR. has been steadily settling down
for six eight weeks past and is only eight per
cent premium.
At the Mining Board to day, the sales were as follows
100 shares Mineral Copper. NEUTRALITY-SUSPICIOUS.. liz
SO shares McCulloch Gold, $. sO,..............1oH
The receipts the office of the Assistant Treasurer Of
this port, to day, amounted to sl67 5ll 81 payments
$3.50 o2s 5S-talance, 1904, 7e7 6s.
EThe receipts and disbursements at the Office Of the
Assistant Treasurer of this por. during the month Of
August, 1853 were as follows
August l. 1s53-Baance .............. IS 2O2 4o4 90
On account of customs. 81 s3t 900 %
70. department. 90 81 81 O.
Miscellaneous. 1e445S 10
- 5,O4o. sJ3 90
.sls, 2ia, 2is 20
Payments.
Treasury drsits ............,S - 95S. 6SS ~
Post Office crafts. 2i9, ISL o.
------ 1908 400 CT
Aug 81 1S53-Bsispce. 50 034 1917 6S
Aug. l. 1s53-By interest funds ....... SITS 67s SO
To payments ...... 6I,574 SO
Balance. OBSERVATION-DISCLOSURES. Sr7 l0l So
BY special deposes cd during the month Goa 81
TO pay ments..... ................ 421 $50 20
Balance ACKNOWLEDGEMENTS. 1857, 113 IS
Total coin on hand.. 50 49, o13 90
By receipts for customs in August 1862 IS 910O17 65
BY receipts Tor customs In August lS53 4.S3f099 OF