The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-07-01
FINANCIAL AND COMMERCIAL.


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NON Ell MAR X EFT.
FRIDAY, june 3o-6P Pm.
mere was no change Of consequence in the stock
bt to-day The transactions large and cssh stock
vas quite plenty Buyers option appears be thu fsvo
sts way Of operating both in the fancies and in the
sividsnd paying securities At the first board Uinois
ecntral bonds advanced per cent Delaware and Hud
scn, l; Harlem, Y; Hudson Railroad, ~ Clevehnd and
Toledo declined u per cent Michigan Central Railroad,
~ An others closed at prices the close yes
terdsy Illinois Central bonds experienced the greatest
Improvement at the first board to-day notwithstanding
which the sales quite limited 1t Is about time
reaction realized In such investments There is not
better security in the market and believe it has
been depressed than many others of less substance
and productiveness Investments IL is undoubtedly
safe 70 calculate having about touched bottom in
me- stock market There cannot be, under existing cir
samstances, much lower depth for fsncies, and
therefore the risk in purchasing be very great
Purchases made at rates. would pay hold
lower points should be realized One could hardly go
Ais in taking hold Of any of the leading fancy stocks
On the Hist. The money market has softened slightly
within the past few days. in anticipation OF distribution
Of large amount Of specie from the abIreEsury The
effect of the anticipation will be about all for the draw
ing Of this money from the vaults of the Treasury
end sending to Europe and other foreign ports will
tendrather to greater strngency in money matters,
Ma. to greater II is possible that may
moderate and per ooscling of the the
Nancy market Immediately after the Let Of July; the
payment of dividends declared for the months ending
that day, viii let free large amount OF funds which
have been accommodating anc have been locked up-wth
drawn TO an extent from the channels OF commerce..
After the adjournment Of the boards the following
ssoeks were sold at auction by Simeon Draper
$1,000 Maysvile and Lexington Railroad, 81 mort.
&,o0o Chicago and Mississippi Railroad, "a mort.
sage int added .................... 10
aasbares Minnesota Copper Co .............. 100
40 Third Avenue RAILROAD .......... Al
the above the usual terms-ten per day.
nnainder tomorrow. The following sold, payable
Ian per day Of sale the remainder with interest at
SIX per cent per annum, delivery Of stock, LIST OF
August
% shares Indana Central Roilroad Company 50
50 Coviugton and Lex. Railroad Co ....... 90
100 Indianapolis aud Beiiefontaine RR. Co. !. So
For the of the stocks included the cata
hSue, there were bids.
me New York Exchange Bank has declared semi
annual dividend of four per cent; the State Bank Of
Troy four per cent the Commercial Bank of Albany
Sbur- per cent; the New Jersey Insurance Company,
nSSsIk, Ave per cent; the Newark Banking Company
Sve per cent the Newark Gas Company, four per cent
NE Norris and Essex Railroad, three and half per
cent the Buffalo and State Lne Railroad FIVE per cant
In . mornings paper . ridiculous and absurd effort
has been made to impair the value of the Cumberland
sompany and for this purpose they represent that the
Smarter subject to be forfeited by the legislature of
Maryland The charter requires that the company shall
ssad annually to market 200 900 TONS which has only
DesA strictly complied WITH but the quantity would have
hx exceeded this amount had the Chesapeake aud Ohio
canal been in good order The company forwarded to
Baltimore and Alexandria 1ea 233 90 100 tons, and 70
Cumberland for consumption there hundred
y 10 too preposerous to suppose that the Legisat
vou direct forfeiture Of the compenys charter acting
has always DONE with perfect good faith had it not
to market than moiety OF the required guam
6ty. But that the canal and railroad are in
sessui working condition. the average of the companys
business exceeds 1900 tons per week.
AssS ANT TREAsuREa's STATEMENT.
Annexed is til monthly statement Of the Assistant
Treasurer Of the port Of New York
june 1854, by balance ............ sse62 600 4a
Heceipks
On account of customs. 81, ,s72 80
p patent ices .......... lob 90
Do. transfers. 100000 90
n. miscellaneous ......, 3,5S3 %
D. Poss Office Department. 4so,7s7 10
3,4e4, 1877 1S
Total. So, 456, 7l6 IL
Payments.
treasury drafts.......... $4,S46,s43 IS
Post Office do. ............ l5S, 48S 10
- 5,o0s, 1892 80
Balance June So 1854. ............ 81 451, 4l4 81
BY balance due interest funds. ....... $50 59S Is
By appropriate ,ns ................. 1850 900 90
Total. s1,llo sos l3
% payments Observation-Disclosures. S,5lj 80
Balance june 80, 1854 ............. 81 lc2 csi IS
BY balance due special deposits. $3.50 6a9 20
By deposits during the month. 33T, 05G 30
Total Observation-Disclosures. $72o,7l6 80
y pay mepts. $50 a46 90
balance ................ ........... 1858 TO ls
10tal cain in hand NEUTRALITY-SUSPICIOUS.. % ,9I72j5 16
by receipts for customs during the year
cnding June so 1858 ............. $3s, 73s s27 10
Do. DO. June 80, 1854. AZ, l66 80 10
Increase for year ending june 80, 1854 s2 50
The warrants entered at the Treasury Department,
Washington on the 2sth inst, we're
For the redemption of stocks sla' 102 6s
For the Of other Treasury debts. 1o32o7 90
Fer the Customs Observation-Disclosures. 5T2 %
Eur the War Department ................ 246 "A
WnY ra vii 20 he Departnent Is