The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-02-27
FINANCIAL ANO COMMERCIAL,
NONE Y MARK Il T.


There Was bouyant feeling in the street to day,
and the fancies commanded better prices. At the
first board, Illinois Central Bonds advanced 4 per
cent; New York Central Bonds, 4; Cumberland
Coal, /; Erie Railroad, I; Reading Railroad, Il Hud
son Railroad, 2; Illinois Central Railroad, l. Eds
Bonds, 1875, and Virginia Sizes fell of per cent
each. The mos. active stock on the market to day
was Cumberland Coal, and it improved from the
opening. Reading Railroad sold freely TO- day ct
higher prices The market valae of this stock ia far
below It's intrinsic value. In looking over list
Of the railroads OF Nsssa,huse We find that
the highest net income per cent on cost amounts
to 1882 ger cent, and the road earning that
rate paid ten per cent dividends. Toe average
net income per cert per mile on ths railroads Of
Massachusetts, in 1854 was $50 per cent. The Rad
Ing Railroad earns ab,u. nine per cent on cost bat
large portion Of it, coe. Is by bonds
bearing Elk per cent interest the ne. earnings on
capital amounts to ao5ut thirteen per cent. Tnis
for stock selling a. seventy five aad ak per cent
makes the investment highly productive. This
will be 30 apparent one Of these days That The sto
will be sought after at much higher pric.s. Ind
Elves and Virginia SKIES form tbs staple OF State
stock, daily sud at the board After c,usidersbls
fluctuations prices tsvs bscome quite steady. ILL.,
lois Cent oil bonds comprise the bulk of sales of
that class Of securities.
After the Adjournment Of the board the following
ssles were made, at auction by A. u. Nicolay:--
90, eco Flushing Railfcad, 1st mort inst added 69X
$500 Catnwisss, wGi sport Z. RR.. Is M do. 500
j. 600 Gaiena Il Chicago Union RR., DO do. s91s
3cCo Col Fiqua Ind RS LIST NJ, ms. ad3ed 74Ya75
9oo0 N. v. 4 Harlem RR, do. do s3AassM
s zoo CIV 9; ws pi,n RR los do p, DO sas
1900 Hudson River RR., Sd mort do J21fa72T
200 La Crosse 4 MiivauAie RR. Is. do. So
10,oc0 Racine City tWis) Is. do. $50
7,ooO BreekeDriise Camel Coal Co............ 1885
20 his Albany ard Buffalo Telegraph Co...... so
20 Michigan southern N. .....................e lA
Nv hudson River RR......... 39@
100 Buffalo and state Line RR losls
u Northern Indiana RR.................. 9OAao02s
20 Mechanics Bank Of Williamsburg .......... SO
100 Excelsior Insurance Co .......e....... 73a75x
loo store Co OF Philadelphia. ............... 81
20 Manhattan Life Insurance Co............... 70
" United States Mail steamship Co........ 39a40
500 Aberdeen Gold Mining Co................... 85c
1,25o Vermont Copper Mining Co.,.............. ssc
t6o Ly coming Iron and Coal Co.............,..,S
Al the Ncord board prices current in the morning
were 10. sustained. Erie Railroad fell Of Der
cent; Cumberland Company, a; Panama RgiIrosd,
1; Hudson Railroad, d; Harlem, 1. Ii appears ut
ferly Impossible to get up further lnlstion In any
OF these rsilsosd fsncEa They are carried o. these
prices great cost In tee shape Of interest and they
are held in such large books that this item Ia OF
some importance On the wrong side Of profit and
loss account
The trsrsa.tions a. he Lssistant Treasurer Office
today we're Gs fooWs;-
Received 81, 900 10
Paid for Assay on ACKNOWLEDGEMENTS. 500 20
OIL
Balance TO credit Of bullion fund and dis
w sung accounts iso,u3o IS
II Is estlmsTec tts. the Cunsrd steamer from Bos.
ton on Wednesday viii take out between three and
four hundred Thousand dollars in specie. The Cali.
fornia steamer, jufi IN with q million two hundred
thousand, vii furnish supplies for shipment from
this port next week. Thsre has been but q mode.
rate amount Of busress in foreign exchange by this
packet We quote, on London, % q % per cent
PREMIUM ON Paris, o. IL. . 81 ia.
A statement ias hssp put fcy.h thsi M, 81. John,