The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-06-25
FINANCIAL AND CONNER OIAl.
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MON EY MAS KET.

SATURDAY, June 2x-6P.N.
Thsre was good deal Of irsgulsrity in quotations
at the hrst board to-day but the market active.
Cash stock was not scarce, except Of New
York Centrai demand for four or i've hundred
shares Of cash stock of that company would put
prices up several per cent, notwithstanding xhich
sellers on time put out contracts freely. Cumberland
carries on the palm 1t is evidently in the power Of
holders Of that stock to work the market Just as they
please they appear to be disposed to carry I'M
prices and would be folly for them to DO So a. none
Of them exhibit any desire to realise They have great
regard for the shorts and do not wsh to bleed Thorn ton
freely Erie hangs again heavy at the advance yea.
terday but sustaining power at hand to pre-
vent another collapse The interest Of certain psrties
who did pretend, at all events to manage the oompany
aais has been withdrawn and there are none let who
anything about the in any way, not oven
enough 10 make effort to get up the market value Of
the stock to realize This the way with most Of our
large corporations. The changes which are continually
going in the stockholders tend to the injury Of tho
company board Of directors elected to-day sen out
their stock they have investigated the com.
panys affairs and they have disposed Of their
interest they take further interest in the concern
and is wonder that the property ultimately becomes
deprecated In value and reduced in product Nj
caragua firm to-day There buyers high %
per cent, on Time
At tho first board Nicaragua Transi. advanced Y per
cent; Cumberland Coal, y; McCulloch, 4; Reading Rail-
road, n Panama Railroad, 4; Crystal Palace, q Erie
Railroad, u; Harlem II Michigan Central Railroad t<
Northern Indiana Construction, x.
The receipts of the Galena and Chicago Railsvad Co..
for the month of May, amounted to s1l91e5, against
$50, 900 in May, 1868, and $3i, 72s in May, 1857
The steamship Pacific, from this port for liverpool
to-day carried out $3.50, s9l SO in Specie Of which
1924 291 63 in gold bars $751; 900 in California coin
and $25 900 in Mexican dollars This the total export
for the week. Previously reported this year. $4,000
$50 co. Total for the year. SIS 461 o92 49, The steam
ships Illinois and North STAR from Aspinwal brought
about and quarter million Of California gold dust,
coin and bars. Tie steamship Prometheus from Sam
Juan has upwards of million on board. This makes
the semi monthly remittance from San Francisco fuu
two and quarter millions. The San Francisco mint
coined $373, 500 in May.
The receipts at the Office Of the Assistant Treasurer Of
this port to-day, s.ose7 TO- payments sla5 Is
Balance on hand, 50, 1885, s6 50.
The Continental Bank has declared semi annual III.
ydend Of four per cent The New Orleans Gas company
has declared dividend of five per cent. The capital
stock Of the company has been increased twenty per
cent Of which seventeen per cent is to be allowed the
stockholders out Of the surplus profits of the company,
and eight per cent is payable the LIST Of july at the
Merchants Bank.
The anthracte coal trade prosecuted with great VI
gor The tonnage last week by the three principal
ryng companies greater than before
Der week. The Reading railroad brought down
the week ending on Thursday 40 TONS making OH
tons for the year. against 693 S61 tons to the TINA
last year. There shipped the Lehigh Navigation
for the week ending Saturday last TOMS making
for the season $685. $50 And the Schuynin Ma.
vgatOn for the week ending on Thursday, tons,
making for the 1872 III TONS against 90 039 tons
to the time last year. The price Of anthracte coal
mand active. From present Indications. prices
will be maintained to the end Of the season. with the
prospect Of an advance.