The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-03-06
FINANCIAL AND CONNER CIAL
MONEY MARKET !.

SUNDAY March 5-5P ~
The stock market clos a yesterday firm and buoyan' AZ
prices generally advance of those previously current
The transactions tn oughout have been unusuaiy arg
and the speculate spirit increasing rapidly an 'no
leading fancy ock are in demand and purchasers freely
take lots at either buyers sellers option ms SHOWS
their confidence in future course Of prices and also
tbe abundance of means command for carrying what
supplies may be desired The is at present
slightly unavorable for extensive operations and may
therefore expect in few weeks greater activity and
more rapid appreciation Of prices The class Of fancy
stocks the market is of very superior order
pared with those of former years. The mining stocks
have shut out all the small trash which heretofore has
inundated the street during periods of excitement The
mining stocks operated in at the regular board possess
real bona de value and hold out inducementsfor invest
men hardly equaed by railroad stocks bonds any other
in the entire list At the Mining Board cate number
Of the stocks daily sold st in the chrysas state
and come out good not they managed by the
professional gentlemen who have them in charge. Some
OF them have little value at present. and the proba
biiities are decidedly against any improvement For
classification refer to the sales at the regular stock
exchange Those the books of the regular board of
brokers have passed through the ordeal Of an investsa
on and have bright The coal stocks are not in
much favor generally. They occasionally get an impetus
upward but there is basis for the slightest advance
The Cumberland has been rapid and to
extent but discover the cause We should not
be surprised much greater imitation but 1t
cannot otherwise than temporary There are ndici
tons corner and it would therefore be prudent for
outsiders to keep clear Of the movement Like all which
have preceded this il will be The Erie Railroad
Company have yet made semi official announcement
usual about the dividend Four
per cent has been fixed upon in the public mind and tha
will probably be the rate This has given quite buoyancy
4l,.1>
the worst The stock market the WHOLE is in very
satisfactory condition for holders Except in tw
instances prices have not advanced too rapidly to be
tanned and there is feeling of confidence which must
Boon show itself decidedly in the daily transactions
and in the current value of securities Of every class and
grade
The expectation of specie from this port last week
hardly worth recording having been only $4 49, ship
ped to Hong Kong This makes the aggregate from jan
nary LIST to March 4th, both inclusive, 81 425 4O6
The receipts ct the Office Of the Assistant Treasurer of
the United States for the port of York on Saturday
s15S 253 5p the payments amounted to $2s 65 os
leaving balance hand of 81, 1854, S62 n.
Mr. H. Nicolay viii hold his regular weekly sale Of
stocks, bonds &c. at the Merchants Exchange, Mon
day, the 9th nst at 12S O'clock Immediately after
the adjournment Of the first board of brokers.
Tho bill for suppressing the circulation Of bank notes
of small in the State of Virginia passed
both branches Of the Legislature of that State.
The Boston Journal of the 4th instant gives the fol
lowing information relative to the movement Of the var
Gus Land companies of that section -
Land stocks looking decidedly BETTER and begin to
attract purchasers at the low quotations ruling East
Boston took another start this morning. and in de-
mand at % through the day, holders asking high
23S at second board The land dividend this stock
will probably be $12 per share at the valuation OF 1851
This will be equivalent to cash dividend of about 90
per share The dividend has not yet been decided upon
but is stated that large majority OF the shareholders
favor the measure and there is but little doubt Of its be-
ing made For Cary there brisk demand also, at
"a reglar and the stock had upward inclination.
Waverley and Atlantic Wharf Company are also in better
favor but not active. The rapidly increasing value Of
landed property in the vicinity of Boston, and the i'm
proving demand for building purposes destined to give
he property Of land companies which is well located
much greater intrinsic value than has been heretofore
haced upon it.
The annexed statement exhibits the quantity and value
certain articles other than foreign dry goods, i'm
,orted into this port during the week ending and ncud
ng Friday, March 8, 1854
,oxxxacx or THE poRr or NYw YoRK-WEEKLY IMPORTS.