The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-01-29
FINANCIAL AND COMMERCIAL.
MONEY MARKET.


The tone Of the stock market improved some
what to-day at the first board We noticed con-
tinued demand for New Jersey Zinc and Morris
Canal stock, with considerable activity in the latter
Phoenix was offered ut SO, and from appearances we
should think that it was the bulls, not the bears
who are now cornered. Cumberland Coal stock,
now selling at sc, must eventually range with those
stocks Withdrawing equal value az respects coal
lands facilities for transportation and greater merit
as investments, from their comparatively small
capitsl-are selling 20 to 30 per cent below it.
Money is in fair demand, without change in rates.
Erie Railroad seems to feel the effect of runors
respecting a new loan, which we suppose the lead
ing operator for q rise will hardly aspire to take
without little assistance.
The adyices brought from California by the
steamship Star of the West which arrived here yes
terday, though of deeply affecting character will
be read with great interest. The inhabitants of the
new Pacific State were suffering terribly from the
combined effects Of famine, foods, and sickness.
Many towns and districts Of the country were com.
petely submerged at last accounts, miners had been
driven from their diggngs, and in some portions of
the interior provisions had become so scarce and
dear that the people were actually starving. The
latter affection had been produced by the horrible
condition OF the roads. Owing to the bad weather,
the amount Of gold shipped for the Atlantic States,
on the LIST instant ted to little over eighteen
hundred thousand dollars--Gf our New Orleans des-
patch is correct, there was about twelve hundred
thousand dollars apparently in the hands of pas
sengers, who left on the same day. However, this
small sum, when compared with other recent ship
ments, it is probable will be more than made up
when the reshets subside. These temporary misfor.
tunes generally result to the benefit OF the gold seek
er, as they wash away the soil and leave the gold
glittering in the sunbeams. Flour had slightly de-
cned in price in the San Francisco market, and an
increased stock was expected. The wholesale price
was $31 s32, and the retail, s33 $34 per barrel.
Money was abundant q . per cent per month.
The following are the mportations at this port to.
day
Bleaching powder-79 casks. Cofee--5 225 bags. Dry
goods-337 pkgs. per ship Ianao Drugs-S3 casks, 10
terces alka log casks epson salts casks pruate pot
ash 800 casks carb. soda 1853 casks soda ash Fire
crackers-S 900 pkgs. ron-7 726 bars railroad iron
Paint-200 bbls. venetian red Tca--9, 991 pkgs.
The Treasurer Of the State of Pennsylvania has
issued the following notice to the creditors Of that
State holding five per cent bonds:--
STATE THTAsuRER's OFFICE PRsysYLvAvI.
HARRsBrRu. Jan 90 1868. i
Notice is hereby given to the holders of the pa due
Eve per cent bonds OF the State present the
holder shall refuse neglect to surrender the
fcates aforesaid the interest thereon shall cease 10 he
paid by the State within sixty DAYS of the date Of this
notice. J. NJ. BICKEII State Treasurer.