The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-06-07
FINANCIAL AND COMMERCIAL.
M ONE M ARK EFT.

MONDAY, June Go P. N.
This has been literally blue Monday in Wall street. The
market opened heavy and closed heavier We have not
much apathy ard indifference the part Of ope
raors for long time and appear TO be in the very
midst Of the dull season. A. the first board to day.
Morris Canal Canton Company, Florence and Keyport,
Nicaragua Transit, Cumberland, and Harlem, fell OF Y
per cent each Phenx, Il; Erie Railroad, NJ Michigan
Central Railroad, u Reading Railroad advanced 1H per
cent; Parker Vein, r. There sale Of g. 600 shares
of . new copper stock called the Mineral Mining Com
pany. The mine is situated In North Carolina; 1t
concern, and yet very little is known about it..
OF the NEST favorable stories reported and
they may ultimately be realized; but they should be
taken with great deal of allowance for the distance
they have travelled. Nearly all the fancy stocks
very much neglected to-day. The most active the list
Nicaragua Transit and only few hundred shares Of
that Id. Erie Railroad appears TO be gradually
settling down under the influence Of the doubt existing
relative to the July dividend 1t is the duty Of the board
Of directors Of this company to settle this question
possible. It is certainly known among the direc
tors what the is and it should be made
known ut once that holders Of the stock may not
make sacrifices If the directors interested in de-
pressing the market value Of this stock, must net
expect any official announcement relative to the July
dividend until the very last moment.
The receipts at the Office Of the Assistant Treasurer Of
1886 731 e2-- balance, ST. SCI. 575 49,
Mr. s. Draper has a large and important sale Of stocks
at the Nerchans' Exchange (ruesday) after
half past twelve o'clock belonging to the estate
of the a'e HoSlald. The list includes the stocks of
many Of best railroads, banks and insure
psnies, and Of them of descriptions opporu.
Dies for the purchase Of which rarely afforded.
The Delaware Hudson Canal Company have declared
a semi anrusl dividend of five per cent
election for Of the Montgomery Miung Com
papy for the ensuing year. will be held No. Is
Buildings to tuesday bet IL O'Clock.
We understa that the 1st Of June of Berdaus
machines reTe in operation at Gold Hill North Carolina
Our auth ori'y gentlemen wac there on tina. day.
Only part of machine had arrived This is very
different from statements recently published reporting
that machines In active operat IN and that the
suits confirmed all previous calcula lions. There Is
screw loose somewhere and disposed believe
that at least half published relative to the merits
and superiority Of Berdans ahiues is untrue 1t has
been represented to that these machines in
cessful operation at Gold Hill North Carolina
weeks ago. and we informed by gentleman ,ho
was there The st day Of june that such is the
case-,hat only portion Of machine had arrived,
and could not be got ready for weeks would be well
for those in want of gold crushing and
machines to wait little and be not in too great hurry.
The experiments recently made 10 different parts Of the
city have conducted in to give perfect
satisfaction, and will be made in few days. IL
would be better before making purchases of any
The amount Of tolls collected the New York State
canals up to the LET of June 1862 1898 9l against
$546 COS to the date in 1852. This shows an in.
crease of SAL, 9l2
produce from the opening Of tie canals to and including
tho II ultimO have beer IA follows