The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-01-15
+ FINANCIAL AND CONNER CiAL.
HONEY MARKET

There was not much change in the stock market TO-
cay. The upward movement noticed in the early part OF
last week did not last but day two Since the ten
dency has been decidedly downward, and stocks Of all
kinds have pressed for sae Ee Reading and Nicaragua
Transit have all been put the market In large quan
ties and sold at lower prices. Some of the Western rail
road stocks have been in demand at higher rates. Ga
lena and Chicago is firmly held at tptop figures, and
Milwaukee and Mississippi (Which is Galena and Chicago
No has been in demand at rapidly improving prices.
There quite number of buyers of this stock in the
market but it up fast keep just ahead OF
their IDEAS We predict that they win all buy still
higher rates Two three per cen. advance is nothing
for such stock few weeks since it selling at 81
IS per cent dividend The dividend since declared
IL five per cent in cash and per cent in stock and
shares are now selling at so per cent, dividend of.
A few weeks hence it will be in better demand at
ninety per cent than is at eighty per cent Michigan
Central without change to-day The bears taking
advantage of present high prices to put out contracts
Reading sold to extent to-day at prices current
Saturday. No yet anything about the divi-
dend, but doomed to sad disappointment The
bears to be regardless of what it may be. They
doubedy believe that the stock will fall off to the extent
of the dividend at least In this they may be mistaken.
Erie drags along heavily 1t opened heavy this morning,
but improved slightly before the Close New York Gen.
trail il neglected few shares sold daily in odd lots
and the stock is evidently becoming concentrated Small
holders do much better In other railroad secur
ties that they making the change, in the aggregate
to q considerable extent. Cumberland has gone back,
perhaps to take and better start. 1t will probably
come up when all the other fancies Harlem gradu
ally but steadily settling down. When the preferred
stock sells at thiryfve per cent cannot be very diff
cult to figure out the value CT the OLD issue At the first
board to-day Nicaragua Transit fell OF y per cent Har
lem u Hudson River Railroad, X Michigan Southern,
~ There a sae Of Northern Indiana C. ,shen bonds
this morning at SAX per cent, cash.
After the adjournment of the board the following sales
Of bonds and stocks made by Albert H. Nicolay:-
81, 600 Ia Crosse and Milwaukee RR. Ss..... 75K 76H
$4,000 Canandaigua Cor RR, tmtg rs, int ad 90
So 900 Hamp. Coal and Iron Co., 1st mort 6s do 70k
120 shs Indiana Illinois Central RR. Go. ...... 80
20 New Jersey RR. n Transportation Co ..... 124
60 Harlem (Preierred Stock .................. 80
leo N H. H. London R..................... 10
20 st. Nicholas Fire Insurance Co.............. so
20 Irving Fire Insurance Co. .........,......... 1a2
40 hamilton Insurance Co .................... 50L
Simeon Diapers regular semi weekly sale Of stocks
and bonds win take place tomorrow (ruesy) after.
morn at half past twelve o'clock, at the Merchants Ex-
change.
At the second board the market lower through.
out. New York Central fell of u per cent Erie 4 Har-
lem NJ Hudson River Railroad, Q; Michigan Southern
n; Panama, Y; Gslena and Chicago, u; Cleveland and
Toledo, u. The frmest stock the list Milwaukee
and Mississippi Railroad. After the board sales were
made 81 per cent buyer 30 days, and that price
offered for 900 shares
The Assistant Treasurer reports to-day follows
Paid Treasury account. ....... $685., 693 o.
Received do. .................. 1il 85l IS
Balance do .................. 2,j8l,15l 81
Paid disbursiDg 81 ecks............. 51,97g 20
The payments to day include $40, 900 California
drafts
The warrants received at the Treasury Depart on
the 10th and 18th inst. were a. follows
For the redemption OF stocks. ....... S23 572 SO
For the Treasury Department. IT, 866 SO
For the Interior Department. ....... 211H %
For the customs. "a 822 %
War pay warrants received and entered 222 49, Is
From miscellaneous sources ............... 100 rs
From customs. 47,2A 0s
On account oitbe 81 186 90
From ands 2093o g5