The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-06-04
FINANCIAL AND COMMERCIAL
MONEY NJ lar X Il r.


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MONEY MARKET.
TUHDAY, June 3-6PM
The stock market is moving upward gradually, but
WI great deal OF force. Operators for rise daily
increasing in numbers and in strength, and the facilities
for carrying stocks rApidy becoming more abundant
The bank for the past week has given renewed
confidence, and We Look for long period OF ease in
ney matters At the first board TO- day Erie bonds 1876
advanced y per cent; Hudson River Railroad, third
NOR gage IA Illinois Central bonds, * Psnnsylvsnis
Coal, 4; Cumberland II New York Central Railroad, q;
Erie u Hudson River Railroad, u; Harlem, q; Csve.
land and Toledo u; Chicago and Rock Island, q. Ncara
qua Transit fell of y per cent; Michigan Central, q.
sae stocks railroad bonds and bank stooks have bean
in better demand during the past two days. and ad
vance has been realized. New York Central Railroad
was the most buoyast stock this morning. There
were large sales at the advance, and 1t closed
very frm Buyers prepared to take stock
offered in any way to suit Sellers Erie sold freely
At the advance and closed steady All the Western rail-
road stocks pretty well sustained. Outsiders are
taking hold with confidence and spirit and great deal
Of stock mus. be absorbed during the present movement
by this class Of speculators Purchases for permanent
investments are continually going under easy
ney msrhe and this win reduce the quantity of stock on
the market.
At the second board the market Was c,mparA tively
quiet, but better prices ruled Galena and Chicago ad
vanced X per cent; Michigan Southern RAILROAD, 4.
The Treasury paid out to-day up wards of SIX hun
dred thousand dos and several large drafts in the
city ready for presentation. Between three and four MIL
lions will b paid out this week to Texas claimants.
The steamship Indian at Quebec from Livsr2 sol brings
two days later from all parts Of Europe. Money
matters were improving. Oonsols had advanced u per
cent, closing arm at OAK for money aad OAK for &C.
count Money was lees stringent Quotations for cotton
show change. Breadstuffs were lower.
The receipts the Hudson River Railroad Co npauy dur.
ing the month of May, 1856, amounted $780, 81
came month IN lsoo.'... l3o4is 16
increase $ZO267 70
The Assistant Treasurer reports to day az oilows:-
Paid On Treasury account. $606, 146 81
Balance 4" ...........,......9,5 75 967, SO
Paid on disbursipg checks. 358U 90
The warrants entered at the Treasury Department,
Washington, en- the 3lst Of May, were as follows
For the REDEEM ption of stocks .......... So 600 %
For the Treasury Department. .......... 8,1I0 %
For the Interior Department 1852 IS
War warrants received and entered. . 500 20
From miscellaneous sour Observation-Disclosures. so 10
On account OF the Navy. 25927 IS
The illinois Central Railroad Company has given
notice to the stockholders that insslment OF Ave
dollars per share the capital stock Of the company
upon which twenty dollars per share has heretofore been
assessed has been made payable in the city Of New York.
July 1856; also, that interest dividend Of $2S 49,
100 per share will be paid to the stockholders regis.
tered the New York books at the closing Of the books
on the 5h of uxe being interest at the rate of seven
per cent fifteen dollars from July 1885, and five
dollars, from November 1855, payment Of the In
stalment called above the interest dividend can
be applied to the payment Of the instAlment. The
transfer books will be closed the 25ti7of June and
opened On the Sd day of July.
nod In tha Cnukc uonso
May was rs folIows:-
"'' o",40o %
increase. $lo4,sSS We
The Delaware, Laekawana and Western Railroad Com
pany will offer for sale Wednesday 4th ins at
ton, through sineon Draper, two million hundred
and seventeen thousand five hundred dollars S2
OF their second mortgage convertible per cent
bonds. The sale will be peremptory. This is oppor
tunity for getting good investment at the minimuu,
PRISE that does not often This Is OF he m
important railroads constructed in connection vh
the city of New York; and the destined to be-
full productive ~ the Delaware and Hudson. The COM
pany It's coal fields, and makes profit both on
the material and in Its transportation to market
The coal is Of the very best quality and ito supply is
exhaustible The coal bees extend through the Lacka
wana and Wyoming Valleys q distance of over fifty
miles, and have average breadth of about three miles
The two Valleys taken together undoubtedly contain the
largest deposit OF coal In the world If the opening OF
this extensive region to short and easy from
New York sha have the effect to reduce the price Of
anthracite In this city, the public will doubt fee1
grateful to the projectors Of the Delaware Lackawana and
Western Railroad Coal is furnished ct Scranton in
ready for transportation, at nine shDgs per ton and
az Scranton is brought within 1872 miles Of New
York, with open passage the year round it is difficult
to see how coal again attain the high price
which it has commanded the past winter. With such
resources and such facilities the Delaware LAckawana
and Western Railroad Company must prove very pro
ductive property and its bonds safe investment. The
sale takes place at the Merchants Exchange tomorrow
wednesday, at 12h O'Clock. Particulars in regard
to terms &C., will be found in another column.
The amount deposit in the several repositories Of
the United States on the 26th Of May subjs to draft
was SIC, 228 $50 96
The transfers ordered we're as ioIlows:-
To Treasury Of the u States Washington 5000 900 0C
To Assistant Treasurer, New York. 796 900 90
To Assistant Treasurer ct New Orleans L. 100000 90
TO Assistant Treasurer at St Louis NO.. 500 600 90
To Assistant Treasurer at s. Francisco Ca 500 900 90
To Depository at Norfolk, Va........... 100000 or
TO Depository at Ptts6urg Pa. 20 GOO 90
To the Mint OF the U. 81 Philadelphia Pa $500 900 90
Total. ACKNOWLEDGEMENTS. IS, 900 90
From Assistant Treasurer at Boston, Mass $685. 900 &c
From Assistant Treasurer at New York.. 122256i II
From Assistant Treasur at St. Louis, Nd 900 90
Fom Depository at Baltimore, Md. ...... 100000 90
From Depository at Dubuque, Iowa....... $1,000 OF
From Depository at Chicago, III. ....... 225 900 co.
From Depository at Detroit. Mich. 65, 900 O0s
From Assay Office ct New York. $500 600 00f
From Mint 1T Philadelphia Pa.......... $4,000 0Ci
Total Observation-Disclosures. s3,sl2, 5e4 Il
It havrg stated Wall street to day that no such