The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-02-17
FINANCIAL AND COMMERCIAL.
n ONE Y M ARK EFT.

FRIDAY, February 1e-~e p. VI.
TIE stock market wss stu more depressed this
morning o. the opening. Erie Railroad wss in &C
tive demand fcr cash bayers, probably the shorts
'or delivery There are very few other cash pur-
ehasers. But for this demand the decline would
doubtless have been to q much greater extent.
Nicaragua Transit fell OF to-day, in consequences Of
the report that the Company were liable 70. the
oes Of gold dust. II was stated in t1e street TO day
that the Company we're In no way responsible for
the loss. IL falls upon the under wri sers, who In
fure sgAirs. losses In every way. The companys
hills Of ladng Epuate that they shall not bs liable
for Any losses from thieves, robbers, &C.. Hslsm
bss imp owed little lately, bat there is nothing Ia
il. ]. is too deep in the mire to be speedily
ex:ricated, and will probably founder slong
ior years. New York Central Railroad is
daily operated in moderately. There is no specu.
lstion in it, and prices are comparatively stsaiy.
L may be many years before the real condition o.
this company reaches the public eye, bat when 1t
IN knewn there win be as great a scattering among
stockholders there has been in the Erie. TIE
only difference between the two companies is, tina.
one has b. ep four d out aud tie other Is lot The
wcrtblessness Of the Erie has been exposed, while
that Il the New York Central has, so far, bssn
successfully disguised. Reading Railroad has been
quite sctivs lately The purchases tod ~ figure mp
nearly four thousand shares, in large lots. There
win be more extensive movement ia this stock in
short time, than has been developed in any railroad
stock in this market for long time. The last re-
port made by this company relative to earnings,
expenditures, DC, presents facts suR GENTLY MOO.
taIt 10 attract the attention Of heavy capitalists
who have given the statements there made more
thorough examination than the sfAirs OF aay rail.
Scnvn oxt 40 oxyor hofa
encsd and the res lit has heen we learn most ss,ia
factory The effect appears in the advance ia the
ke.vaoe Of the stock This VIC have no d1ubs is the
Of the re emit advance and as the s,o,k is alb
sorbsd BY the demand from this source, holders will
bos for fother advance. Panama Railroad was
purchssed fiaely to-day, at an improve ment; prin-
eipaly on time, buyers option. 1t looks taough
the bears were at work on this stock. All the West
eID railroad stocks have advanced little too fast
lately. The sales have not been large, and it has,
therefore, en- easier 10 Pot them up. We have not
much confidence In Western railroad stocks Of ary
lind. TIE Gay for high dividends hes gone by, and
they win have 70 settle DIVA upon their real
merits.
At the first bard today, Erie bonds, 1863, fell
of per cent; IlliEois Central bonds, 4; New York
Central Railroad, Il Nicaragua Transit, 4; Cnmoer
land, 4; Erie Rsirosd, 4; Hudson River Railroad,
A; Michigan Southern Rrlrcad, l. Panama r Ill
read advanced 2 per cent Stonington was quoted at
46a per cen. bid; no sales. rhe Erie Railroad Com
psDy bought yesterday, at the second board $35 900
Of the bonds Of 1876 ths new loan at s49 per cent
This ia the frs monthly instalment Of the sinking
fund. TIE LIST OF March was the day fixed upon for
tsis payment into the fund, but the company, for
scne reason, anti,i )ated the time fourteen days.
The bonds could have been bought aboa. one per
cent cheaper to day. and should no. be surprised
TO them four five per cent lower the Is; Of
March.
At the second board the market throughout was
lower Erie Rails, ad fell of FER cent; Erie bonds
1875, per cent; Illinois Central bonds 4; Residing
] Abroad, /; Hudson Railroad, I. At the close the
V. - ICY was downward. Erie Railroad was very
blre.
Tie transactions at the Assistant Tfeasuger's
eff 70 lay, we're as fo'loW:-
Received eSe
faym' hts 1850 81
Balance 4ol 259 81
After the adjournment Of the Board the following
sales CT bonds and stocks were made at auction by
Simeon DrSpes:--
s70oo Hudson River RI ID mortgage lat. added Tx
$1,000 Chicago andR Island RR rs do "a
so farmsqs loan 81 mn and Trust Co
"a do Chics 60 and Rock bland RR ..............S
The following were sold In one lot for 100000
s35, 900 In Crosse and Milwaukee Railroad S., with
farm rtRagef colatera 5000 draft OF A. Degraf,
$4,000 mote j. Stevens Co., ST. 500 acceptance Of W b.
Hotel Kiss 81 coo note c. r. Schureman 900 d. 81 500
DO 8. Leland Co, 900 Haverstraw Mining Company,
42,7c0 co., coo acceptance of Gregory Burnett,
81 500 note A. J. Smith All pas dae.
The warrants entered ~ the Treasury depart
nent, Washington, on the 18th instant, were as
follows
For the pa yment OF stock 81 436 Al
For paying other Treasury debts. 1851 40
For the Cnstoms. 1,bSS 90
For the War Department $3.50 ~
For repayiDg in the War Department. 20 622 40
For the Navy department. 152 $50 70
For the Interior Department ............. $3.50 IL
The last returns Of the B ink Of L fgand, CON
pared with that Of the week previous, show an in.
OF f640 1876 In toe public deposits; Of no
in rest; Of fl23,4O2 10 the private securities; Of
f424, 99s in the notes unemployed, aud Of fl92 lS5
in the bullion in both departments. In tae private
deposits there is decrease Of fl43 100; In the 60
vennent securities Of ElO9 Oes aud Of the notes in
circulation of f262, 1855.
In relation to American sticks, BArings' circular
rem arks:-
American stocks Of descriptions have been In
more demand this week, and the transactions have been
to soDeextent in Virginia bonds both dollar and ster
ling, at improved rates and In New York and I'd