The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-06-05
FINANCIAL AND COMMERCIAL.


rATURDAr, June 40 r. M
The tendency Of prices at the opening this morning
downward and At the close the market very heavy
The July dividend of the Erie Railroad Company creates
great deal of talk among the bulls and the ars 1t
the general impression that the dividend whatever rats
1t may be- will be paid in cash. 1t probably win not be
and half per cent and it Is opinion
will be the last the company will pay in IN for long
time. The finances OF the company have been gradually
approaching tbs crisis ard ali the nancerog OF the
board Of directors has been able 70 avert It, Ncara
qua, Canton, Packer yen Phenix aod Cumberland
freely offered to-day At the first board Phenix Coal
declined x per cent; Erie Railroad, q Reading Railroad
~ New Haven Railroad, r. Cumberland advanced u
yer cent Parker Vein, Il Michigan Central Railroad u.
There sale OF Great Northern Lead stock, at perl
cent. This stock is getting to quite active, and viii
soon be in demand
Al the second board the market quiet and prices
rather weak Morris Canal fell or 4 per cent Cumber-
land, u; Phenix Coal l; Canton Company, Y; Reading
Railroad l. Erie Railroad, H. At the close the tendency
was downward.
The sales at the Mining Board to-day folio
$50 shares Ulster Lead. Observation-Disclosures. "a
so do. North Csrolina Copper. ............... 1lI
LOCO do Mineral Copper Company ........... b90 2H
The receipts at the Office Of the Assistant Treasurer of
this port to-day, amounted to $l6s 1866 95; payments
SIG, $3.50 balance, SO 929, 277 II.
Managers OF mining companies in different sections OF
the country frequently want Of laborers and send
to this city for them Knowing that most of the emgrAnts
from Europe land at this port On Friday last couple
Of gentlemen interested in extensive mining company
visited the emigant depot in Canal street. for the pur
pose engaging half dozen men, when they met with
all sorts Of abuse and insults from who called
himself Jas P. Pagan. If the Commissioners Of Emigra
ton have any authority in this business the they
reform 1t the better. The tax payers of the city
deeply interested in the employment Of emgrants, and
every facility should be extended to them to get work
immediately on their arrival. We have doubt ap.
phcations daily made for borers with results SINH
lar to those experienced by the party referred to- In the
particularly allude to- in reply to
STRANGE the part Of the gentlemen this Pagan stated
that all the had been engaged by the Erie Railroad
Company, and that one there wanted employment.
This proved to be false by several emgants about
tie place. who said they had not been engaged and
anxious to get work. is necessary that the Commits
sioners Of Emigration should regulate these things and
employ agents who would be civil and obging an
those now in their service
The anthracite coal trade last week was quite active
The three lines brought down o5 I'll TOMS as follows
For the Week. The Season.
Lehigh Navigation. ............. 81 228 2O4,8l7
Reading Railroad. .............. 35 068 sos 800
Schuy kill Navigation. "a, 375 2167
IOtal .-.................... SoiUl l,ol1,370
This is something short of the aggregate amount
brought down to the time last year. and what vs.
probable that the anthracite tonnage will much exceed