The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-07-15
r ,NANo,AL AND CONNER GAL.
mon EY n A n X e IT.

SATURDAY, July H-6 M
The sock market opened and closed Dull and
depressed this m ,rniYg Thsre was no activity at
the board or in the strset, and prices ruled lower
throughout. At the first board indiana IS destined
per cent; Virgins g., 4; L,uisiaaa Ga, I; Nicar-
aqua Transit, 1; Penn. Coal, /; Panama R.R.. 4;
Hudson R. R., 1; Michigan Southera RR., 4 Galeua
and Chicago, /; Cleveland aud Toledo, !. Illinois
Central Bouds advanced Der ceut; Illinois Inter
hai improvement Stock, q; Harlem /. State stocks
were freely offered at the depreciation IN market
valds and sales to some exteas were made for Cash.
The market evidently Is daily getting weaker. 1t
has besn inflated gradually and STEADILY until prices
have reached poiuts beyond ~hica it will be- very
difficult to 60. Holders of productive securities may
be content with their dividends where they able
to hold but those Of sn unpr ,ducivs character viii
become burdensome in the sveot OF the money mar
ket Tightening up turn or two. There must he o
change soon the worse. Everything in the ahape&
dnauoerng has been brought to bolster up the stock
market. The vast Accommodations OF money in the
bands of individuals have been forced iuto stocks
for the want of other safe and convenient modes OF
investment In the absence Of business there was
no alternative but to make capital as productive Is
possible in stocks When the tlms arrives for with
drawing this capital-when holders Of these stocks
shall be compelled to put them upon the market,
for the purpose OF employing she proceeds in com.
mercisl pursuits, we shall see change in the face
Of things In Wall street.
At the second board the market was steady. but
a small amount Of business was transacted. Vir'
ginis 6s fell of / per cent; Canton Company, D;
Cleveland and Toledo, /. Michigan Southern Rail-
road advanced per cent.
The following are to days transactions az the
Assistant Treasurer's off ;e:-
Paid Treasury account ............ 1924, 220 %
Received on Treasury account ......... 3l0,498 20
Baisnce ...................... ziln'ao W
P siS o 11 d asssy Umc sbss;, sas 90
The Philadelphia and Trenton Railroad Company
have declared semtsnnual dividend Of four per
cent. The stockholders will also receive two per
cent from the Camden and Amboy Railroad and
Transportation Company for their interest 10 said
company.
The earnings of the Indianapolis and Cincinnati
Railroad Company for June, were:-
Tasssnsers -
nsa. :;, 40 40
ao'ai ssa6 70
Suhe Aoo1 ssVV W
Increa.e 32H per cent 81, o7a As
The earnings of the first six months of 1884
First six months Of 1875 ..........i is.4,S 60
Increase 4s per $50, $40 20
The earnings of the Illinois Central Railroad in
June were s124 900, against sos 900 in May.
The annual meeting Of the Cape Cod Railroad
was held In Sandwich on the llsh inst. The trea-
surers report showed that the receipts for the year
endirg May 81, 1855, were $ll5 800, and expenses
$50 l00 interest, $l4,274. dividend of three per
cent hiss been paid from the balances OF profits, and
the remainder 2G5) carried to the credit OF thu
construction account rhe years profits are more
than $4,000 over these of the previous year. The
capital ia 100000. 1t was funded debt Of $780,
600, ard floating debt of SOL ,36l It's assets are
sl40l67, in addition to COS shares of stock uusod
that at $50, would produce Sal. $780, The directors
saa., <,f Lo-I u Z