The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-04-21
FINANCIAL AND CONNER CiAL.
MONEY MARK Z r.

There was q reaction in the stock market this
mornpg All kinds Of stocks advanced and the leading
railroad securities quite active ct the improvement
Virginia 6's went up II per cent; Missouri 6s, N Erie
bonds, 1875, u; Canton Company, NJ Nicaragua Tran
sit, u; Cumberland Coal, n; N. Y. Central Railroad,
u; Cleveland and Toledo Railroad, NJ Harlem y; Hud.
Railroad, u; Panama Railroad, /. Michigan Central
Railroad fell of per cent. The movement in N. Y Cen
trail Railroad stock somewhat unexpected large
operator took 1000 shares in single lot at advance
Of cent the closing price Of yesterday After
wards the market q little frmer. Reading Railroad
improved the opening The coal tonnage Of this road
for April win be than 900 tons. For the first
sixteen Gays the aggregate 1o8,322 TONS showing
an excess in that time last year TONS In
April 1854, the tonnage 170147 tons. Eric Bail.
road appeared to be in favor with all the little obbers of
the street, but doubt their ability to carry it mp
much. There il nothing in the internal affairs Of the
company Of char acter calculated to give an upwa,
impetus TO the stock. It very sensitive and easily
depressed.
After the adjournment Of the board the following
sails Of bonds and stocks were made at auction by 81
s4eto lsyeand and Pttsburg R.R: l., int ad. esK
1000 buffalo, Corning and N. Y. R.R, do. do. 66
1900 Ohio and Mississippi RR, I'd mort, do. so
At the second board there slight improvements
prices. Erie Canton and Cumberland were in demand.
and closed firm at quotations Reading Railroad was
not in much demand, but was held at better prices.
Panama Railroad ad anced in the face Of large contracts
time sellers option. The inside party In Cumberland
Coal buyers which accounts Cor the rise to-day.
The European steamers viii not take ont large
amount of specie to-day large portion Of the orders
has been eountermsnded, and the shipments viii be
comparatively limited The total expectation by both
viii not exceed three hundred dollars
and the aggregate the week will not vary much from
one and half million of dollars.
The transactions at the Assistant Trsasurer's on 70
to day, were as follows
Paid on Treasury account. ,34S IS
Received do. ................. 6b,l6l ~
Balance do ,.............. 2,b07, 9S3 ~
Paid for Assay Office. Observation-Disclosures. 4,30S 80
Paid on disbursing checks. "a lao Is
The warrants entered at the Treasury Department,
Washington on the 18th inst, were -
T>r the redemption Of stool. ..........$ 16,492 %
For eoyess into sss Treasury from customs 5ss
For covering into the Treasury from lands 1857 n
For the War u oartment.. .............. 1883 90
For repaying in Ne War Dsnartma-. 80. W,s4s SO
For repsyjng in tho 4Savy Department. 2s73 81
For the Interior Department. -'-.ia 30
The earnings Of the Harlem Railroad Company for the
month Of March, 1856, amounted to..... ss5,162 q
For March, 1854 1890 SO
Increase. So ie1 Al
Earnings for months preceding 31st March,
Receipts for months preceding aist March,
lSo4.....s.. ........................ 4o4,sf IL
Increase in months. ACKNOWLEDGEMENTS. $s0391 40
The reported for the six months ending March
81 1866 exhibits the exact cash earnings after settle
ment with and ment to all connecting roads, while
for he same period in 1854 the represented that
of the gross receipts before such payment to connecting
| roads. Such was the mode then of making up the
monthly statements and which could not be rec6ed
without considerable time and labor. It DONE it
would make the increase for six months than
| 500, 900.
The receipts Of the Grand Trunk Railroad Company Of
Canada for the FIRST quarter Of 1885, follows
First quarter, 1885,. $l!e,0eo
Increase, equal to 25 per cent. sa5, 2os
The receipts Of the year ending December 81, 1854
1886 oS6. The earnings Of the remainder Of the
year. judging from the weekly returns thus far, win
swell the total years earnings 70 million or dollars.
Estimating the running expenses per cent there
lett $500 900, six per cen. upon eight millions Of
| dollars.
declai cd by the Receiver Of the Knicksrbscksr
Savings Bank, payable on demand.
Upon the announcement Of the second suspension Of
Messrs. Page Bacon of st. Louis We gave brief 70
view Of the causes which led that unhappy event. and
supposed that the public mind would be absorbed
by other excitensnt remarks would close the mAt-
ter and that it would ~ lost sight Of But such
appears not 10 be the After few days Of pro-
found silence the part Of the organs Of the only
american Banking House, in the country, We and
lengthy official statement Of the affair." which we cannot
let pass without notice. Although The financial organs
Of the banking house referred TO have from the srst
been pretty loud in their peas Of praise have not
fore been favored with blast from Official source.
We have not much space devote 10 rsuation OF hs
statements mad BY the American Banking House, and
- - -
the affair. Msssrs Duncan sherman b Co have waited
three months before they prepared to give any
planaton Of their unaccountabs with their
respondents in January last and that both the par
ties ON the one side out Of the city they put forth
this statement distorted In all Its Features incorrect in
all the essential particulars and avoiding entirely thu
main question At issue. We wen assured that at no