The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-05-06

The steamship Africa, at this port from Liverpool,
brings three days later news from all parts Of Europe
The accounts do not vary materially from those received
by the previous steamer The money market and produce
markets had experienced change Of consequence.
Quotations for cotton and had slightly improved,
with pretty active demand for consumption. In the
manufacturing districts better feeling prevailed Con-
soils we're firm at previous quotations. The most I'M
favorable feature in the financial intelligence is the heavy
drain Of bullion from the Bank Of England For the week
ending Saturday, April 49, tho decrease amounted to
$3.50 1876 This is the largest reported in any one
week and the effect cannot be otherwise than bad It
must be visible in the movement of the bank, and
calls for the adoption Of to arrest such OK
ccssve expectations Of specie II Is not impossible but
that Parliament may egalize the circulation Of paper
money beyond the limit provided for in the present bank
act The announcement the Chancellor OF the Ex
chequer or Great Britain, inviting tenders for oOOoo
of exchequer bonds bearing three and half per cen
interest created excitement at the London Stock kx
change was well known that the government conem-
plated loan. The Chancellor has awaited himself of the
present popularity OF the to provide funds for future
contingencies Public opinion very uncertain that 1t
dangerous to trust long to any phase may assume
and the Chancellor has shown great deal of shrewdncss
and financial skin in making the movement at the present
time.
Tie following insurance companies Of Boston have re
Gently declared semannual divdends:-Boylston per
cent National, s. Manufacturers, 10; Cochituate, 4;
Merchants, During the 1--WE years ending with 1858,
the annual dividends paid by fosr Of these com
panes follows:-Boylson, IL s1o per cent? Ma.
tiona 10 $40; Manufacturer, % ITO; Merchants,
% 210 The Cochituate did not business till
1850.
Daring the week ending Saturday the goth ut, forty
three canal boats cleared from Cumberland loaded with
4G3e tons Of coal For the month just expired 1901
tons of coal and 1872 tons Of coke shipped from that
point. During the week there transported
the Cumberland Coal and Iron Company's Railroad
5,21 tons and over the Mount Savage Railroad e03
tons making aggregate for the week. from the Frost
burg region Of IL 724 TONS For the period there
carried the railroad OF the Georges Creek Coal
and Iron Company 1851 TONS making total from the
Wesernport region, for the week. Of 1881 tons all Of
which passed eastward the Baltimore and Ohio Rail
road Total from the whole coal region for the week,
1879 TONS and since the LIST OF January 2 tons of
which 1878 tons descended the Chesapeake and Ohio
Canal and 81 600 tons we're transported over the Bt
and Ohio Railroad
The earnings Of the Chicago and Rock Island Railroad
for the month Of April wcreFor passengers $61,sal
for freight and mails, 500, oo3.--Total, ss6.eA
cLsl's G. sn.zyt. c.1s.os, CT c.. .o-is, -4ys:-
The Pacific Railroad Company has been Obliged 70 call
afon tie County Court for > subscription q tweiv