The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-11

the opening to the close to-day was downward
Of the fancies there considerable activity and
cash transactions than have had lately The market
is not strong and would not stand much hammering.
Nicaragua and Cumberland materially In SUSTAIN
ing prices We understand that within the past two
three weeks large sales Of Erie New York Central
New Haven and other railroad stocks been made
and proceeds invested in Cumberland Nicaragua
There much good sense exhibited in that movement.
Railroad stocks generally, and those have named par
tcularly have margin Of any importance improves
ment, in market value, while both Nicaragua and
Cumberland have everything in their favor. They are
unwarrantaby reduced in value and purchasers pre-
sent prices but realize large profits merely by the
appreciation market value If one-hah that is antic-
paed in relation to these two is realized purchasers at
present prices win have for complaint At the
first board to day Cumberland declined per cent; New
York Central Railroad, u; Michigan Central, u; New
Haven Railroad Erie Railroad "a Reading Railroad,
Il. Harlem advanced u per cent.
At the second board the market was thought better,
and closed firm at our quotations.
The steamship Baltic from this port for Liverpool to
day. carried out s626, 1925 in specie.
The Park Fire Insurance Company have declared O.
semi annual dividend of six per cent.
The earnings Of the Norwich Worcester Railroad
Comapny In May, 1854 amounted to $2S 4l9 g. against
81 for the same month Last year. Increase, S.
262 OF.
The warrants entered on the books of the Treasury
Department, Washington, Thursday the 9Th inst,
For the redemption of stocks .sl6ss2 AL
For the payment of other treasury debts. 1924 90
coy. ans nso tSs treasury from
Covered into the treasury from miscellaneous
source . M n S Ss9 S os
For Replying for the War Department. 1851 s3
For the Interior Department.. o,l5l ID
The coal trade is st prosecuted with much
energy in all it's departments without at all abatng the
demand and Of course, with little hope OF reduction
Of prices The Reading Railroad Company brought down
for the week ending Thursday of this week TOMS
making for the year TONS against 53 tons to
the time last year. The Schuylkin Navigation.
Company shipped for the week ending Thursday last
90 TONS making for the 282 1919 TOMS against
tons the time last year. The Lehigh Navi-
CATION Company shipped for the week ending Saturday
Of last week IS Sat TONS making for the season
tons. The weeks shipments by the three lines were
about 500 tons-a very good weeks work. but It viii
have to be improved il the estimates Of tonnage by
the several companies at the beginning Of tho
redeemed.
The Boston Transcript of the eth inst. says:-
The market very heavy this morning for nearly all
descriptions of stocks, Vermont Central being the only
active one on the list. The 'bears" broke down the
price the lowest yet but sales Afterwards
made st and There has been general feeling for
per share lower and this has In great
vented purchasers from coming In at the present
comparatively low figures The sales day smaller
than the average Of Late the whole number Of shares
sold since June being 49, OO in round numbers Og
densbu,g declined n, but held firm t7H with limited
ransactioDs. Vermont Massachusetts, fell of ",
and closed heavy Is. Whining sold at 81, decline
Of u.
Dividend stocks heavy, and Eastern declined to
10, Western 90, Concord 81 and Maine l04x. Provi-
dence, Worcester and Fitchburg in fair demand.
CheshTe preferred very duh Of sale ut "a asked also
Northern at A. Michigan Central sold at lo0X, and the
same price asked for Vermont and Canada, %
asked. Portland and Saco, e5 asked
Bonds very heavy and dull Of sale the whole Of the
transactions since June i amounting to but so, $780,
Hand copper also partake Of the general de-
preston, ano sell at reduced figures.