The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-04-18
FINANCIAL AND COMMERCIAL.
NJ 0 EY MARX EFT.
TUESDAY, April 17--6 p. N.

The stock market haa fattened considerably during
the past two GAYS It opened this morning dull and de-
pressed and holders appeared disposed to let prices
down fraction so. At the FIRST board, Erie Bonds
1875. fell of x per cent New York Central rs II Can.
ten Company, *; Cumberland Coal 1; New York Cen
trel Railroad, "a; Erie Railroad "a Hueson River Rail-
road, "a. We have change to report in State Sc.
curites There was little activity in Erie 1876 but
for other kinos there demand Nicaragua Transit
was in active request to day. but prices were not
sustained to the Close There is evidently an upward
movement in The stock contemplated, but it may not
take place quite yet It will have its day before long
Cumberland Coal Is weak and sick. 1t opened pretty
steady this morning bat could not sustain ITSELF and
staggered along touching lower prices every made
The public not satisfied with tie internal stock
operations Of the company, and confidence in it as an
investment is fast ooEing out There has been good
deal of talk about earnings resources, &c bat nothing
appears to be realized Erie fingers in the neghbcrhood
fifty PER cent 1t il hard work to keep it much above
that point Reading is the card ard is better worth
par than any other railroad stock in the country.
After TIE adjournment of the board the following sales
Of stocks and bon,s were made at auction by Simeon
Draper
81 600 Pennsylvania coupon ivos Int added %
14,oco Mich ham southern X income SIS do =. 961s
1850 Buffalo, Corning ana N Y. LIST mort d.. "a
1900 Wabash and Erie Canal stock. ........... 10
I,7l3 Mercantile Mutual ms scrip 1s52......... II
SEQ do DO 1852. 10
80 shares Third Avenue Railroad. ............ rs
90 do Nicaragua Transit Co .............. 16
At the second board there vas a small panic among
holders OF fancy tocka Reading Railroad fell q per
cent Erie Railroad Ia Hudson Railroad, g; Cumber-
ano Company q Illinois Central Bends Erie Bonds
1876 "a Virginia ELS and Missouri as, - each. There
were quite large saes Of Erie Reading and Gu mberand
and prices weak At the Close We have been look
ing for ttis decline for some days The principal
is the movement Of specie The absence of buyers
arothr The large expectation Of specie and the
limited Importation affects the bants, and compels the
managers to regulate the leading depar
ngy Ths amount Of specie hand cannot be reduced
much without contraction the line Of discounts
We are by the weekly returns able to anticipate the
future bank movement and those who carefully watch
the changes from time TO time arrive at pretty
curate conclusions. We expect to for short time
a slight strineency in the money market.
Mr. j Thompson regular weekly auction sale at the
Merchants Exchange win take place to morrow, We'd
nesday, the 18th inst at half past twelve O'Clock The
list consists in part of first class State and railroad
bonds.
The transactions at the Assistant Treasurers Office to-
day. as follows
Paid on Treasury account. s721o7 81
R es,.ncs DO ...'.......... Ss22aa IS
Paid ,os Assay Office ................ 4s242 20
Paid on disbursing checks. ASS 81
VI the amount received $3.50, 600 was transfer from
the mint
The warrants entered at the Treasury Depart ment
washington, on tie 14th inst were:-
For the paying Treasury debts. . g. 400 90
ror ne Cuht: ms 17eb93 81
For covering into the Treasury from land - GIGS 90
For covering IN the Treasury from Customs 1921 SO
Covering into Trea sury from mis- sources 261
Fer the War Department. .............. 1Ol III Al
For the Interior De partment .......... lOl51 SO
For repaying for the Interior Departmental 2s7 81
The steamship Baltic, from this port fer Liverpool TO-
morrcw--wednesdsy-win take out large amount Of
specie and the steamers from this port on Saturday
win also take out large amount. The total shipment
for .be week win not vary much from one and half
million OF dollars.
It viii be seen by advertisement in another column
that subscriptions TO the capital stock Of the New Eng
land Mining and Quarrying Company will be received q.
the Office Of Messrs. Burdett, Davis Main, No. q VIII
Liam street II appears from the letter OF the President
that tae company possess very valuable stone for
The manufacture Of homes and large quarres Of slate
suitable for roofing purposes The President has set
forth in his letter all the particulars Of the companys
property, and objects to which refer those
DESTROYS Of investing in such enterprise.
The March earnings Of the Norwich and Worcester
road continue to show decline as compared with the
s,,ne mi nth of last yaar.--