The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-06-14
FINANCIAL AND COMMERCIAL

"WEDNESDAY, Juue IS--l

L WEDNESDAY. Juue Is IS M
There res very sctve snd . vers baoysnt mar
ket this morning. at the first board. rhe sales Of
al the leading ssocks were unasu lly large, oil Il
On advance on tie closing prices OF yesterday.
State stocks, railroad bonds bank ,ks, railroad
stocks, ware in active de0spd. bas the purchases
were principally on time. illinois CetfTa' Con.
struodtn bonds SOLD 10 the extent Of $50 0OO and
the free lard bonds to the extent OF SEQ O0O Tecss
Large ssies. At such advance on previous prices
chow tbst confidence in the iryestmecs Is rapidly
cIessfg. The purch II tncss secur ties were
principally for cash. About toe usual variety of
State stocks we're on the market. ALI sere ecsye
at better prices. Railroad stocks command the most
attention. Erie, Harlem AMI Reading were the
fsvosites today. Tue reported decrease In tas
receipts Of Erie appears to have no dsprsss
Ing Influence upon prices, Or effscs upon the
confidence Of purchasers. Reading Ia ON tbs
upward tack again About six thouss I'd shares
were sod at the fret board to day. One 10.
Of three thousand shares was sold ~ 90 per cent.
buyer three days. The report about stock diyi
DEMO by this o,mpsny in July is without foundation.
8 ock dividends osn cny be decla ed by the Read
ing Railroad Company by consent Of the stookhold-
ere, end the vots upon tho question can only be
taken at the annual meeting in January Of each
year. 1t VIII therefore be seen tina. no stock dwl-
dend can b. declared in July. Whatever dividend
nsy be declared at that time must be paid In cash.
Cumberland vas in demand to-day at high phi ,es.
Canton Company and Nicaragua Transit do not
seem 70 partske Of the general upward movems
Thtre has been no speculative action in either for
msDy moutss. Western railroad stocks are I'm
proving, net only upon large receipts thus sz re-
siizsd, but upon their prospective earnines. 1t
Is The prevailing opinion that the earnings Of all
the Leading railroad lines Of the West will exceed
anything ever anticipated by their originstors.
TIE stocks Of tho most prominent ompanies have
touchs d. are RAPIDLY spcr Aching par, and many
think eome Of them viii sell at par. dividend Of
TIE prospect Ia, indeed fattering but all depends
upon The growing crops. II orr harvssts are album
dsnt. We shall realize all that can be reasonably de-
sired.
Compared with prices current at the close yesser-
day there has been an advance 10 Indiana 5's Of !
per cent; Virginia 6s, / Louisiana 6s, /; Mis-
scuyi SIS, /; Erie Bends, 1875, !; Cleveland aud
Toledo d'viden bonds, Ii III nois Central Bocds, lii
Illinois Free Land, 81; Cumberland Coal, |; N. Y.
Central Railroad, 1; Chi ago and Rick Island Rail
road, i; Erie, 1; Harlem. 4; Reading Railroad, 1;
Illinois Central Rsilroad |; Gslena and Chicago, 4;
Cleveiauo and INRd0, 1.
After the adjournment Of the ,ard, the following
Es,es Of bones and stocks were made at auction by
A. H. Muller =
100 shares Butchers and Drovers Bank .......l2lh
leo d. yben,x Bank. ....,.,,....,..,.,1l5ka Ito
60 do tgsns Bank ..lO7K
co do BoweIy Bank. Observation-Disclosures. Io5H
Albert H. Mic lays regulsr semi weekly sucson
fsls Of stocks and bot ds will tase place to ,rrow
(Ibursday), at l2k o'clock, at the Merchants Elk
chsDRe.
AT the second board, prices were well maintained
Ir scms instauc.s,s slight advsnce wss realized.
ln6isre SIS improved per c.nt; Miss,uri 6's. !;
Eie Bonds. 1875, 4; Calcsgo and Rock Island R.u-
read, /; Harlem, 4.
The s. apship Pacific. from this por. for Liver
Iool to-day. csr,isd out 81 675 $50 % IN epeoie.
TIE transact M at the Assistant Trsaau. era CT
fee to-day, were as follows