The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-09-11
FINANCIAL AND COMMERCIAL.
MONEY MARKET.

MONDAY, September lO--6 p. NJ.
There was an active market for Erie to-day at
slight improvement in prices. The sales amounted
to five thousand shares, principally on time.
Reading was freely offered at the first board at
lower prices, and closed at decline Glena and
Chicago leads the list in market valae. the r.
tulns do every other road in the country, in con
parative monthly earnings. Within the past two
years, when the receipts were not one half what
they now are, this stock sold at l42 las per cent.
1t now sells ut lis, with surplus OF fifteen per cent
Oh its capital in hand at the commencement of the
present fiscal year, from the net earnings Of the
year previous. The quotations current ct the first
board today, compared with those ruling at the
close on Saturday, show decline in Nicara qua
Transit of per cents Reading, !! and an advance in
Erie Of per cent; Galena and Chicago, 2. Clege-
laid and Toledo and Cleveland and Pttsburg are
entirely in the hands Of spectators, who keep up
prices among themselves. Every share Of stock o.
feed they are compelled to buy, and the load will
ore Of these days break some Of their backs, or
pockets. There has not been an outside order in the
street to buy either Of these stocks for weeks.
Nicaragua Transit is becoming better distributed
Some of the management who have held thousands
OF shares, have considerably reduced their supply
The prospect of an arrangement with the Pacific
company Is improving. There is no obstacle of any
importance, but il viii take some days to dispose of
all tie details.
There was to-day transaction in the Hampshire
Coal and Iron Company stock. This company ha,
been in operation for a few months and we learn
from the weekly reports Of the Cumberland coal
field that they have mined and sent to market their
full share of the product Of the region. Their bust
io eli liz ord flv Cd nd
natural consequence has been lucrative. The COM
,apy has wisely kept aloof from operations upon
tie stock board an example worthy OF imitation.
Within the last few days they have sold portion
Ct their outside lands about 800 acres in extent TO
$4,000 cash an example we recommend to SOL
other companies In that region. This leaves tho
company upwards Of eleven thousand acres of land,
upon which all of its roads, mines and improve.
ments are situated The capital il 81 900 900. The
actual cash cost OF the stock to the original suscri
ters, interest included s s25 q share.
After the adjournment OF the board, the followin
sales Of bonds and stocks were made at auction b,
a. II. Nicolay:--
4,oCo Chicago Miss. R.R Income los, do...... rs
s'ooo 9alena Chicago R.R., Is, Mort, d.. sh
5000 rer,s Haute Alton R.R, ID Mort, do 49,. So.
1t0sberes New York Central R.R.............. %.
DO Galeno Chicago Union R.R t151i
20 90 q izen's Ians .......................lo
go do Brpokbn ire Ins. Co.................. IS
o 20 Webster Fire lns. Co.. ................ So
IL do Union Iniin Rubber Co................l0)
10 do Eank Of America...... ................hi
At the second board the market was without m,-
,erial change. Reading fell off per cent Curabe'-
and, 4 Illinois Central Bonds, /. Chicago aud
Ro,k Island Railroad advanced per cent Hanp
shire Coal sold at an improvement of per cent,
buyer thirty days.
Tie Assistant Treasurer reports to-day as fol
rid On Treasury account 81 1879 y
ie.eived 90. ......'.'...,'.... ds.,oh ~
lad On d. bursi checks 65,l0, is
The Michigan Central Railroad Company earned
IN August 1855, 1902 ,607 20, against 1853 s4l So
The same month last year-increase. *4s,7sj 10.
five dollar note, purporting to be on the Ocea
Bank of this city, was Saturday morning offered
| Tor deposit at the Mechanics Bank, which proved
to be counterfeit. It. general appearance Is good
| aud would deceive almost any one not fully con.
,eis.nt with the genuine notes. The note is letter
| A. No. l0l3, dated In red lux, June !, 1855. On
| close examination the vignette looks rough. Tie
,ignstures of the president and cashier are more
| stiff than the original.
| We repeat to-day. for more convenient reference
in tabular FORM some statements made in We ter
day issue regarding the Cleveland aud T,led,, the
| Cleveland. Painsvilc and Ashtab la (irom Cleve.
land to Erie) the Erie aud Northeast and Buffil,
and State line, tfrom Buffalo to Erie) and the G,
| lera and Chicago Rsilroad:-
CoNrsgnEE RAILROAD RFTrRss
/ tdDi.af.
| Gle Gland +. n A. Pr, $500 600, months
earnings 70 July, Observation-Disclosures. s5uoN
fie N. BSr. l. hR.+.. 2, 1000 do. sJs, %
c.,e and Toledo k..... c,i00.ooo do. 4i2s5s
| Cal,na Ci,ago I.K..... 1850 900 do
! Il sctiembr, 1853 49,. lI37sla
| Clcvr md 1fles o h.k..... G 700 OCn 10. t.s "
ntna snd hca 20 earnings Angus. 1855 sco5 SCI
! a. velGnd and Iolcsio. do. Nay June JAY and
AuEust, Observation-Disclosures. 20, IL