The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-01-20
FINANCIAL AND COMMERCIAL
MONEY MARKET.

MONE Y M IA - X Il n.
FRIDAY, Jan. 1916 p. n.
The stock market vas little unsettled to-day.
The tendency was upward at the Hrst boArd bat 20.
vsfAl Of the leading fancies de lined considerably.
Canton Co. fell ora per cent; Harlem, I; Reading
Railroad, 1; Michigan Central, IL; Panama Rail-
soaA, H. Indiana SIS advanced per cent; Virginia
SIS, 1; Erie Binds, 1875, Il Illinois Central Bonds,
!; Cumberland Coal, Ii New York Central Railroad,
I; Erie Railroad I. The sales Of State stocks CON-
prised lots Of Indiana, Kentucky Virginia. and Mis-.
souri,. Eide Rail road bonds, particularly those Of
TIA new issue, we're freely offered. Illinois Censrals
well maintained. The new loan has been nearly
filed mp. Among the fancies, the movement in
Cumberland Coal attracts the most attention. There
were cash sales to-day at "a per csnt-a highsr
price than has been reali zed for many months Rs.
cent discoveries are reported to have been made on
the eompanys pro ,erty, Of very valuable charac-
Ter, 10 which is attributed the enhanced market
lue sf the stock. Nicaragua Transit does not move
much either way. 1t viii have its turn in time, and
occupy the attention Of speculasors. The company
have just added new iron boat to the lake rou.s.
and twenty new Troy coaches to the line over the
macadanzed road from Virgin Bay to San Juan,
and the Isthmus is crossed with great expedition,
safety and comfort. rhe report Of the Michigan
Central Railroad Company has not had favorable
eject on tie market value Of the stock, and the six
psr cent dividend in shares will not net much o.
current rates. Reading Railroad is working stsa-
dny upward, under the influences Of the large stock
(, dividend and show Of large profits.
After the adjournment Of the board, the folio wiag
Gales Of stocks and bonds were made q. auction -
el0000 Clev u Pitts RR incomes, int aided. .... SO
LOCO and Harlem KR Is. mort do. ....si q SIX
1900 Clev and Toledo RI incomes d.. .66% a 81
10 shs Washington Fire Insurance Co........... 90
10 Reliance Mutual Insurance Comm. 80
20 Eorthern Bank Of Kentucky 1907
no Parker Vein Coal Co Stock (P C).......... 20
80 Delaware and Hudson Canal Co. .............. Ill
: The Mahoney and Bbamokin Coal stock property
was sold on tie terms mentioned bsl,g. They were
The property o! Gouverneur Morris, and the sale
was made necessary on account Of embarrassment,
arising from the failure Of the Msssrs. Schuyler -
1872 shares Mahoney shamokin Imp Co Of $50 each
2062 Trevorton and Susquehana RR Co Of $40 EACH
404 Northumberland Union Co Land As of $40 EACH
Sold in forty lots Of 81 81 and 20 shares respectively
u the order which they stand the par value of each
6t being s2,79o, at $500 q S7lt per lot.
362 shares Mahoney and Shamokn Imp Co Of $50 each
500 lreverton and susquehanna RR Co Of $40 each
I2 Northumberland Il Union Co Land ASS. Of $40 each
Sold in eleven LOTS as designated above, at s74o per
At the second board quotations receded fraction,
ard there was lees doing in the leading railroad
fsnciss. Eeie railroad declined per cent, Cum
beiland Cosl /, Harlem 4, Canton Co. D. Illinois Gen.
trail Bonds advanced per cent and Illinois Central
Railroad per cent.
The trar Eac;icns o.: he Assistant rreasurer's Of
sfce today, were as follows:-
Psia for s..sv cacc 39eSS 9t
lsio 'or hbsSy 3e,Voo 70
DAance.. ZfoZ,zfV II
Tee twenty five thousand dollars 10 gold, said TO
have been taken from tie vaults of the Merchants
Bank, have not been found, and probably will be
put down to pref. ard loss. The story Of It's having
bsen taken from the vault by thieves proshag
about the bank, ia too sosu.d to be for moment en-
tertared The probability is that the report Of the
robbery WAS made for the purpose Of patching up
some old dsfaicstion. Twenty-Five thousand dollars
In go6 cannot disappear from the vaults Of q bank
withou. somebody inside the bank knowing some.
:. thing about II.
The gross revenue, expenses, net income, and per
ont Of net iocome cost Of the Boston and Fitch
burg Railroad Company, in each Of the past seven
ytars, have been ss annexed
BosTuN AND FrrtupuR1 RAIRoAD