The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-09-11
FINANCIAL AND COMMERCIAL.

WEpNEsnAy. Sent. 10

I.
Higher prices ruled at the opening this morning and
continued throughout the first board. Pennsylvania
Coal advanced 4 per cent; New York Central Railroad
=; Erie, =; Reading. la Michigan Central, 4; Mch
gan Southern, =; Panama u Illinois CeRtra Railroad
IL; Galena and Chicago, /; Cleveland and Toledo,
Chicago and Rock Island, =; La Crosse and Milwaukee
r. Nicaragua Transit offered to-day at 81 per cent
There was pretty active business In all the leading
railroad stocks the principal demand coming from
the shorts. THAI class OF operators is now
pretty wen supplied and the demand from
that source longer be calculated upJn.
The buyers have been pretty literally sup
Piled with ck and their are therefore COMPARE
lively limited. me rise the market gen
orally has been OF those spasmodic affairs which are
occasionally experienced the which no one can
satisfactorily explain, Il mast It's course There
no use attempting TO stem the current when a, It's
height. As soon a. subsidies little, 1t may be advsa.
BILE to put forth little effort recover the lost ground
The ket Deepen Is entirely upon Wall street aid and
support outsiders have too much AMI shrewd
ness to touch stocks at present prices they really
DESTROYS Of investing any Of them, they have only
wait few weeks when they get them prices that
VII pay well for the time
AT the second board the market was not so buoyant
and some stocks fell of fun much the advance at
the first board Illinois Central bonds declined = per
cent; Cumberland, "a Hudson River Railroad, !; Erie,
y; Reading, y; New York Central, ~; Cleveland and
Toledo u Michigan Central, =; Michigan Southern =,
This sudden decline shows the eversh state OF the mar
ket. Stocks have reached = very dangerous point n
view Of the future Of the money market. The
OF buyers not at all strong They have no back
bone, and will In the FIRST prices
The bears do not lie; up moment They continue put
contracts aud must, by steady adherence that
principle live half the stocks the market scat
tered to the winds like much chat.
Tie following the transactions the ocsoe 0. the
Assistant Treasurer 10 day
Receipts. s4C6.S3o 90
r. neh1....'.. ts-ss'''.'s.... soJoE0 ~
qAisnse...........,.... ............. lo'~.g1N .
The warrants entered at the Treasury Department
Warrington, on the sth inst, were As follows
Tor the Treasury Department ..,.. si5s7 IS
For the Interior Department. BIS ~
war warrants received and entered ...,,,.,. 8,355 50
On account u tho navy INSTRUMENTATION. $3.50 o.
Gov Ia treasury from miscellaneous sources. l5l 90
From customs OBSERVATION-DISCLOSURES. HT02 20
The steamship Niagara from Boston for Liverpool 10
day, carried out $4,000 IN specie. This somewhat
larger than expected
The gross earnings Of the Milwaukee and Mssissippi
Railroad Company tor Angus, s5s zoe gAlat :5b..
oss for the sane month a., year, showng Increase
Of sl.2oi
The rhebix Insurance Company bave declared . semi.
annual dividend OF ten per cent.
A. X Scolays regular sent weekly auction sAe Or
stocks Ana bonds vii place Tharsday),
half past Il O'Clock the Merchants Exchange. The
oataogas will include variety q bank ani Insurance
stocks and rairosl bonds.
The following a statement or tho condition n the
Massachusetts banks the LIST INST, reported 70 toe