The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-30
FINANCIAL AND COMMERCE


FINANCIAL AND COMMERCIAL
MOHEY II A n x = =.
TUESDAY, April 30 r. N.
The stock market unsettled this morning ct the
FIRST board with sales unusually large lower prices
ware realized New York Central Railroad fell of y per
cent Reading, u; Hudson River, u; Michigan Cen
trA \; Michigan Southern, y; Cleveland and
Toledo, 4. Indiana SIS advanced y Per cent
Illinois Central bones, IA Delaware and Hudson,
y; Erie, "a; Harlem, u Illinois Central bonds sold
largely. The sales up than 500 oOo opening
SO and closing ct $50 per cent The stock was quite
active and sold above par buyer thirty days The earn
ings this month viii be full $3.50 ooo against for
the same month last year. Erie was in demand,
bur prices we're not sustained The movement
in New York Central has lost its force. Toe
stock heavy to-day 1t 93s . 93K per cent
Reading Railroad fell OF under the uaavoTsbe
accounts cm the GOAL region. Cleveland and Pittsburg
well maintained, and closed arm. Wisconsin
Lake Shore in demand The earnings already
sufficient guarantee dividend in July of i've per cent
in cssh This Is of the few hnished roads Of the
West. It is entirely completed. Its construction
is ol,sed and aLy increase in monthly net earnings
is much more in the pocket, OF the stockholders Ga
ana Chicsgo has been gradually setting down for
Gays past It closed this morning weak 1t ia psr
cent, with larger sales than usual.
After the adjournment CT the board the following sales
of stocks end bonds mace at auction Simeon ORA
par
ST. 900 Great Western RR., LIST mort, int. added, IS
1000 Cleveland and Ptssburg. do. do. u
], 500 Chicsgo and Mississippi RR. los. do SO
so shares Atlantis Bank ACKNOWLEDGEMENTS. 50
50 Excelsior Insurance Co. ACKNOWLEDGEMENTS. GO
10 Rutgers Insurance Observation-Disclosures. 81
At the second board the market net at all buoy
ant There decline Of consequence in any stock
but they all closed weak Erie fell of per cent; Cum
bertrand, 4; Galena and Chicago y; Panama, k-caussd
BY the serious riot at Panama; New York Central Rail-
road 4.
The steamship Africa rom this port for Liverpool to-
wednesday-wili take out about million OF
dollars in specie, principally gold coin. The steamer
from this port Saturday will also take large amount
The aggregate shipment from this port this week win not
be much less than one and half million Of dollars.
The coupons of the first mortgage bonds and OF the
bonds ofl86y Of the Harlem Railroad Company dae on
the LIST Of May win be paid At the rreasurer office, No
50 Pine street, and after that date.
An election for thirteen directors OF the Harlem Rail
road Gem pany wild be held Tuesday the goth of May
at the Office, No. 50 Pine street, building. The
transfer books viii close the 10th of May, at22 M
and open the 21st Of May.
At the annual election for direc Of the Michigan
southern Railroad Company held A. Adrian Michigan,
the sd inst, the old Board unanimously re-
elected.
The warrants entered at the Treasury Department,
wAshiDgt n, on the 2sth inst, - follows
For the Treasury Department Sill 1857 Is
For the Interior Department. IL 339 AZ
War warrants received enrered...... 51O2 es
War repay warrants received and sntsred... zoos 40
On account OF the Navy. soa5 w
From miscellapee .............. 1004T 48
The circular Of Msssrs De Coppet Co., prepared for
trans mission to Europe by the steamship Africa gives
the following review Of the stock market for the pas
week =
IN bova heau ~ nuia< pfinU
Virginia 6s, which have declined II PSF cent and
particularly Missouri 6s, in which large transactions
have taken pace ct fractional advance In other State
stocks business has been very limited.
In city boncs the bufioess very light the demand
In county bonds there lave bsen some purchases of
St. Louis 6s BAth kentucky os, Desmoinss Qowa) ss
and Henry (owa Is per cent ths Latter OF which have
but recently been introduced market.
In railroad bonds considerable transactions have taken
place in illinois Central Construction ia at well main
tsned rates BuiI has been moderate IN Erie second
mortgage in Erie rs 1S71-75 and also in Hudson river
third mortgage without material variations in rates
We notice business in New York Central 6's and
7's the latter ct of Pei cent The "subscrip
ton" bonds Of the company remsn without inquiry. At
private sale there have been sales OF Mwauks and Ms
wise there has Teen but little doing.
lard and Toledo has continued on large scale closing
with decline Of az per cent last quotations.
There has been some animation Erie New York Central
and eveland and Pittsburg the latter especially, a
consdera ols Reading quite &C I've; TO sudden
lise succeeded equally sbravt decl Areducon in
Central was in good demand and rose to par.
NJ nsy which . little easier during the three or
four first days Of the week. ia again in good demand at
per cent for loans call business paper rom 10
per cent -
opal business London ~ 1ook 109H; on Paris,
ST. lsK.
The steamship Persia at thus port from Liver pool
brings week later intelligence from all parts Of
Europe She brings dates to the 18th inst, inclusive
from London No change II reported in quotations for
consols The money market continued stringent and
the rate Of interest without alteration relaxation in
discount rates looked for distant day The pros
pee large arrivals of specie affords good deal Of hope
for future and abundance in money matters. The
last returns Of the Bank Of England show increase
the o. bullion OF f42 5S2- In relation to Ameri
can securities, satterthwaitss circular says
We have had quiet narke. in American securities 10
actions Illinois Centrally Land bonds
advanced rates The Cons ion bonds sellers at
the price Of 80 with sia inquiry The shares have been
eose Thee fair inquiry for Pennsylvania Central
bonds at slight advance; Michigan Central 1860 have
brought 81 and 92 ard 1859 bonds 49, interest included
for small amounts New York Central per cents
have been done ct a. AMI 90 in limited amounts with
very little inquiry Ere Third Mortgage, in small lots
have brought and 95 sinking Fund bond, free
sellers at 92x, with demand. We understand the
holders of bonds the Ohio and Mississippi have CON
scented 10 the arrangement fandng coupons into ID
Mortgage d. and it is hoped that this may facilitate
the completion Git.e road lns 2, the In
of which read negotiated here has unAvora5e
regards the introdu oa of the bones OF
finished Some of the bonds of the Hannibal and
st. Jo ephs have found their way here but have not
heard any sales CanAoan securities in strong de-
nsnd advanced rates, and home market is ,oded
with host new schemes and the like disposition is
manifest in all the continental markets. which
very active demand for money here and elsewhere a.
high rates.
The cotton market is quoted firm. An advance had
been realized but it could not be sustained From the
mar usctuIirg districts the accounts favorable In
bresdstus there vas considerable depression. All the