The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-11-08
AND CONNER CiAL.


There heavy markct tbs morning, both in cx
ont II transactions and in prices At the first board
inois Central Bonds fell OF * per cent Delaware and
adson, u; Canton Company, y Nicaragua Transit ~
lsveland, Columbus and Cincinnati Railroad X Erie
ABROAD, 4; Harlem u. In Erie to-day the sales
eIer's option and for cash--in Reading Railroad all FOR
ash. There very few buyers option to-day any
the fances. The heaviest ,ecurity on the list to-day
Illinois Central Bonds Bank stocks continue 70 BE
eely offered and sell freely in small lots ithGay affect.
be prices much. There transactions in Cum
erland at the frst board, and but in Nicaragua
sansit The market appears to have taken downward
since the complexion of IL last bank statement
scsms known, but do not an thing III these re-
arns calculated to produce deprefsion Ike that
falzed. The amount of specie in hand shows an in-
in the face of large shipments ard thu dividend
apartment shows a moderate falling cif IN amcap. This
ovement is certainly of additional strength anil BY
means calculated TO create additional apprehension
lative to the future Of financial arahs. The
ncpal of the low prices ruling IN ot of the
aiding fancy stocks is the absence purcha There
sstually buyers in The market and there are s,r.
" sellers Occasionally bear viii make his appear
nee and put out few contracts aud then retire. :
al sometimes out and buys pretty freely, and
disappears. In this way tho market Is Kept alive.
few strong determined bears would depress prices 81
,usly, while the other hand few bulls would cause
large contracts at current rates snd the bulls have
the means TO enter tho market purchasers. There
very little doubt bnt that many s.cebl On se lit are
eap at our quotations; but nc ono -, lls ,Spita
one troubles them, and they therefore much
elected,
After the adjournment = tha beard tio 9,9. us sale
stocks and bonds Nerc made iy SIMEON nrarc--
Shares Del, lacksvar & Wcstcra ;.aco....... &c
do. Third Avenue Pr TO ..................... 30 +,
do. Mari CT Fire l1s. ED....,. .............. 81
do. Central J-aG, New York ...............,. s.
GOO per cent Bonds ol nioii CO.. Ohio Iriug
1865, int payable in New York ................. -
At the second board there was no charso IA he
Rrket worth noticing. There only few sales
kde. The number # cash transaction 10Th boards
day comparatively large. Tie tendency thi.
ernoon was slightly upwards
is with pleasure that announce tho resun! ton
the house Of Blatchford s Rarsfori, hroleys o,
IN street. and the fact thathc scnior pertacr James
Blatchford Esq, has tasen his sea again At tho
ard. This house suspended last JAY under cireuss'
rces which created great deal of sympathy in tne
bile mind. The frauds Of Robert Schuyler came up'r
communicate thunderbot in the m'is. Of san
inc, carrying destruction in lis Connected -
"a stupcndous swindler with nearly every house
street, of extensive business, there
| hvy losscs, and many were compelled &c suspend.
We understand that the Michigan Central Railroad
npany will pay the next semannual dividend in bonl
| tead of cash. The net earnings viii he used for I'm
vements, &c. This appears TO be the policy of Tie
ne Pennsylvania Coal Company have declared Il
nua dividend Of Ave per cent; the, New York Floating
Dock Company, a semi-anuual dividend Of per
bt; the Boot Mills, of Lowell four per cent
The Mechanics Bank has given notice that that por
Of the new stock not subscribed for by the old stoc
NJ ~ n
sold at public auction and that s. Draper wiz sell t
Merchants Exchange, alta O'Clock, noon on Friday
10th inst sixteen hundred and sixty-six shares Of
stock, (being chiefly small parcels, which could
be subscribed by executors trustees, &C. The CAPT
g. 900 0oo divided into So 900 shares of $25 each
terms Of sale are, twenty five per cent cash the
Of sale, ION which day the purchaser win be
red to sign the articles Of association) and the
ance on the 3oth December next
Cleveland and Toledo Railroad receipts for
october $50 0T9 90
Anst October last year. 5960S 90
Increase, as per cent? sas, Al 90
receipts Of the Cleveland Columbus and
fncinnati Railroad for August, September
nd October were ....................sS3e,Ss $3.50 oo
Increase. s5,s7I 90
J Geographic despatch from Indianapolis reports the
K of Indiana, Peru; and the Upper Wabash Bank,
bash. These are the only named in the des-
h but the fact is there is not solvent bank in that
e, formed under the free banking law The only safe
rise to pursue is to refuse every bank bill that has
pdiana upon IL; and it will be necessary TO look
p to discover that In getting up the plates for the
Of the free banks Of that State, the word Inii-
has been placed upon 1t so that it would not be
MY seen. The object Of this was to deceive The
SamaH Gazette Of late date says
gentleman who returned from Indiana yesterday
rmed tb1& only six Of the free banks pay
| coin for tb6r raper The notes OF such as win not
EN- promptly lnnnot be made to circulate money,
the effect of M Dunn's circular will be TO further
eciate the popCE Brokers win not buy notes that
may be compelled to hold six months unless at
heavy discount. To this shave, the public who
this paper must either submit or retain II until II
es the Auditor Of State to sell the stocks, and thus
ide for its redemption. Whether the notes are
int by brokers retained in the communty, they
CONSTITUTE an amount Of dead capital equal TO NV