The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-07-07
FINANCIAL AND CONNER c,sl..



FsIpAr. jay Sc Pm.
The moot prominent stosk on ths mako. to-sy
was y 10 Nearly fur thousand shores were sold
q he first bosd. at an advance ranging from one.
quertee 70 ore half per cent. There was NO. nah
activity In Of er stcc k. but the tepd.Icy Of pces
shsouehcus was upward. AZ he Arst eoa,d Virginia
6s advanced 1 psr cent Missouri 6's, I /; Illinois
Central borts. / Cumberland CoJ, 4; Nicaragus
TfaIsit, .; RsatiDg Raiisoad, l \; Cleveland and
TOLEDO RAJ read. I; Erie Railroad, Il Chicago and
Ro,k Island Railroad The operations In Nicaragua
Transit to-day, although not iage. show edecisei
charge in the positon Of the stock. ucv class
Ct buyers Ia nsw IN tae market. Parties ietorestei
In the PsnAu a Railroad Company and 10 the Pacif,
sisatnsb p G Dpany have. within a fe Y days, besa
large purcdasers end 1t looks 50 though they were
cssirocs Of setting q controlling interest in shs
Transit Company. There Is also strong proba-
blisy Of an arrangement bet ween the tvo s.eanl-
chip companies being perfected. TIE N.ca
Tsgua company will 10. oudss an 10.
nom it, terms, end Is question
auorg It's directors whs:ier Ii you'd 60. b, m,.c
sor TIRE icterss of their stockholders to avoi al
COLI o,ion and keep clear from oil entans Ismso.s
Notwtts sroirg this DOUBT. the probability ID that
arrangements satisfactory TO all psrtie, VIII b.
made. 1t is to be hoped THAI they viii DO per.
naDsAt this time; hat both companies will b. put
uDcer suoh bonds as will ensure : slr,. adhsrsaoe
to toe terms aud conditions agreed upor. Reiiicg
Is stt sdiy aovsncirg, Notwithstanding the doab.s
ssls,!ve TO eividead. The manage mont are evil
denly undecided how TO set ia the matter. To de-
pive the stockholders OF semi annual dividend Of
q isir iu ceat, In the face Of such enormous ret
earnings, is more than the directors would be ju,.i
6er in Tasr 0r1 Il ~ icL ~{tla f.,
bstrsy the confidence reposed in them. Railroad
bends were little more active today at higher
prices Cumberland closed firm a. cur quotations.
After the adjournm mt Of the board the foil ring
sales Of tds aud stocks were maze q. auction BY
A. Nicolay:-
$500 California State 7's.............,.. se7.
COCO Flushing Ralroad Ist mortgage T's...... TO-.
4to0 LacAawnnnA and Western Rfs LIST mig 7's.. 93s
5000 North, m Ind, Goshen branchl Railroad lst
7ote QUO certificate Of til. breckenridge Camel cS.i
90, representing - shares Of 500 each. OF
the capital Of said company ..........".li 40
20 shares Third Avenue RAILROAD. ............. So
10 10 do Webster Fire Insurance Company -
5000 90. Fair Grove Cod Copper Mning Com.
pSny ACKNOWLEDGEMENTS. ltc a We.
Draptr:--
500 500 co,sm'us pigus Ind En 7's, and int. ea
Mississippi Railroad, and interest. ........ 50
10WOFrtt rortxsg. Convertible rs Dsl.ware
1actarAns Western RR., and int. .934 e3s
lGfc0 Memphis, Tenn 6's....-.... ID. ........ Gs.
COCO borOrsh Of Greer Bay Wis, - do..;:,:. 10
At The second board the msrke. WAS firm, bu. not
active. Reading Railroad advanced / per cent;
Erie Bonds 1875, 1. Nicaragua TGansit closed a.
lsa, buyer sixty days. Illioo.s Internal Improve
nsrt Bonds az IS47 sold at par. These bonds carry
large &C umuiaticn Ct interest. We believe IL Ia
the first tine they have tou he'd that point
Ness,s Burdstt, Davis and Main h,'d a special
Sole Of socks TO morrow. Saturday. atl2l O'Clock,
a. the Merchants Excasnge. A n,ng them Is o
large am ,unt OF Oni1 aud Missssiopi Railroad
stocks. Toe sale will DO withoa. reserve the stock
haylpg been b pothscated.
The transs Il gus At the Assistant Tfeasurer's
office TO day wore as fouo vs.