The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-05-16
FINANCIAL AND COMMERCIAL.


The stock market was little more active to-day but
prices were very unsettled. The tendency was down.
ward Notwithstanding the Improvement in Of the
leading railroad stocks. Illinois Central bonds declined
per cent Nicaragua Transit, u; Cumberland Coal.
81; N Y. Central Railroad, Y; Erie Railroad, Vi Michi
gan Central Railroad ~ Cleveland and Toledo dividend
bonds advanced Y per cent; Delaware and Hudson. Il
Reading Railroad. u; Cleveland and Toledo Railroad a.
There very active demand for Reading at the Art
board and advanced steadily from the opening. After
the board further advance demanded. bear sale
Of 500 shares seller six months made at stwenty
per cent up both sidesa very wise precauon the
part Of the buyers 1t had se 1t the market The
receipts Of the Erie for April make rather poor show
and the stock gave way fraction. The earnings Of the
Central do not show satisfactory increase in view Of
the additional debt, since last year. TIE advance no
ticed days since in Western railroad stocks has
not been maintained Galena and Chicago advanced TO
Gay and also Cleveland and Toledo but others recedtd
from the highest points recently touched. Railroad
bonds do not vary much, either In market value
tent Of transactions Eries 1871 and 1875 little
active to-day, at previous prices State stocks
continue neglected.
After the adjournment of the board, the following
sales of bonds made at auction by Simeon Draper
81 0o0 California State 7s, 1870 int added Soy
1900 junction r. r. mortgage bonds. do 76A
At the second board the market generally lower.
Cumberland fell off x per cent; Nicaragua Transit III
New York Central railroad, u; Panama railroad, TX;
Erie railroad, r. Reading the only stock the list
that improved. That went at per cent with sales Of
nearly three thousand shares.
It Is estimated that the steamship Atlantic from this
port for Liverpool to morrow, win take out and
quarter millions Of dollars
J. Thompsons regular weekly sale Of stocks viii take
place to morrow, at half past IL O'clock At the Mer-
chants Exchange Among the securities to be offered,
we notice, about fifty thousand dollars of State
stocks.
Adrian a. Muller will hold his regular semiweeky sale
Of stocks and bonds tomorrow, 18th isstant at 12k
O'Clock, at the Merchants Exchange. variety OF In
fered by order Of the United States Trust Company
receivers.
Nessrs W. J. 0'Btien, No. 20 Wall street, will pay
the dividend just declared by the Second Avenue
Railroad Company to stockholders residing In the lover
part Of the city The companys Office Ia at Forty
street.
In the Supreme Court yesterday, Judge Cowlss sus-
tanned the demurrer put in by Mr. Cross for the firm Of
Dennstoun, Wood Co., one Of the defendants 70 the
action brought by the directors Of the New Haven Rail-
road Company restrain the holders OF the false issues
Of stock from prosecuting suits Of law against the CON-
pany. The temporary injunction obtained by them has
consequently been dissolved Judge Cowes deems every
bona de holder Of stock reputsd false or not to have
absolute and perfect claims against the company
The transactions at the Assistant Treasurers Office TO-
day, follows
Paid on treasury account ,..... sIe2 s6t ~