The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-02-04
VOL. Xxx.

ties, which are OF uncertsin value. In addition to these
there are interests in real estate, contingent ciains and
which are subjects OF investigation BY the rsceivers'
and viii be reported moro specifically to the Court whsa
an estimate OF their value can be MADE in any approx
The circular Of Mr.. Isaac o. Davis gives tho fol.
lowing review Of the Cincinnati Mining and Stock
market, for the week ending Wednesday eysnicg,
January 3lst. 1856:
Money matters present no new features The feeling
is gradually working better, and a. confidence increases'
capital seems more plenty showing that II is not the
scarcity Of money that produces the stringency which
has been felt for come months past, 30 much ~ the sur
plus Of funds being directed in a channel foreign TO the
immediate wants OF the business community, the alb
sence Of confidence, and the distrust between man and
man.
money in and about the city, lying idle, because the
parties holding are too timid to invest.
Our banking institutions are paying more attention to
buying and selling uncurrent money than to their le-
Ultimate business, and are using their surplus funds tn
hat way, instead Of extending the discounting Of bust
ness paper.
Rates for money hold up extremely well.
We quote Eastern exchange at u premium buying.
"I Sight e, cheeIa On as, Hss ' Orleans s1 range nss' from y to / per
cent pre- MUM.
From New York, the news is very favorable. Money
is abundant, with q great falling of In the demand, and
rates are not as high as heretofore. Railroad stocks are
somewhat unsettled, yet the leading ones have not de-
The stock market In the West is more active, especial
ly among our low priced stocks, demand being better -
commence Is fegained. MM.#M"#
We understand that the Ohio and Mississippi Railroad
Company have made a very favorable settlement with
Page 4 Bacon, and have now the completion Of the road
in their own hands. The earnings Of our Western roads
are still increasing.
CINCINNATI STOCK SALRs AND Quotations, JAN. 81.
Bellefontaine and Indiana Railroad stock, 40; Cincin.
natl, Hamilton and Dayton Railroad stock, 6s; Cleveland,
Columbus and Cincinnati Railroad stock, 98; Columbus
and GAINESVILLE Railroad stock, s2K; Central Ohio Rail.
25; Eaton and Hamilton Railroad stock, 30; Fort Wayne
and Southern Railroad stock, 10; Greenville and Miami
Railroad stock, rs; Hillsboro and Gocinnati Railroad
lis and Cincinnati Railroad stock, As; Little Miami Rail.
road stock, 90; Mad River and Lake Erie Railroad stock,
37K; Marietta and Cincinnati Railroad stock, rs; Ohio
and Missisti ppi Railroad stock, 20 to 20.
The Boston Isleg, aph Of the 81 inst. says -
The stock market continues inactive, at a slight re.
auction from yesterdays prices, with more sellers than
were generally in better demand at improving. rates.
Vermont Central sold at 81, and II ere Is evidently very
few shares floating in the market at the present rates.
Ogdensburg Is very firm at 81 bid, and only q few shares
offered at 81. Vermont and Massachusetts, steady at
1874. F%itehburg declined u; Eastern, d, and both
10 asked, without sales. Michigan Central improved to
1sA, and was in good demand. Vermont and Canada is
mot being sustained; western steady. at ss bid. ssS
asked. Railroad bonds were in better demand this
morning, especially those Of the Ogdensburs and Rut-
at 50, and I'd mortgage sold At 80; Rutland LIST mortgage
were firm at "a bid, none for sale; I'd mortgage 81 bid,
anu ca 40. ~ Dbu, IOr several small iots. FOR concord
and Montreal mortgage rs, SO bid, 90 asked; Michigan
Central conyertibles Of 1860 were offered at 70 and not
taken; Portland 6is are scarce, at 1907 bid for 81 900
pieces, and 1Gl for $500; Albany City 8s par bid, and
the same guaranteed by the Western Railroad 100 bid.
There is no City OF Boston stock in the market just now,
and the 5 per cents which sold at "a some weeks since
would now bring par. Copper stocks we're in less de-
mand generally, and Toltec declined to 5A, in conse-
9, which will make the whole amount paid, $l1 on 20, 900
shares, equal to $22o, 600. Copper Falls is heavy at 80
asked, 81 bid for small lots. Pittsburg (Clif) Copper
Company is in request at 125 bid, and no shares offered.
Minnesota is held at 140, inducing the dividend OF pro-
badly $40 per share, to be declared as soon az the pro-
ceeds are realized from copper sold. This company has
shipped a portion Of its copper to England, where they
expect to realize a better price than in this market. The
last advices from the mining region at Lake Superior are
encouraging, and the resources of that country will yet
astobish the unbeievers in copper mining.