The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-05-01
FINANCIAL AND CONNER CIAL.
MON EY MARK EFT.
WEDNESDAY, April 80-6 p. II.

An nr,sa. ware conoarnsd. There vs. Al Metre move
mont in al the leading roroad stocks, but lower price
were realized At the hrss board Virginia 6s declined
per cent; Erie bonds. 1875, Y; Cumberland Coal "
Erie Railroad u; New York Central Railroad, ~ Michi
gan Central, NJ Michigan s,u,hsrn, !; Panama, VI
Cleveland and Pittsburg, IN; Galena and Chicago, Vi
Wisconsin Lake Shore, u. Indiana 5s advanced u pei
cent; Missouri 6s, y; Delaware and Hudson ~ Canon
Company, u. There were large purchases Of Cleveland
and rsedo and prices well sustained. At present
prices IT appears cheap enough for eight per cant
stock. It forms Of the most important Inks in the
chain Of roads connecting the East with the West and
under good management should rank high any Of
those paying equal dividends II Ia Continually
forming new connections, and 10 now Bnppfsd with
the travel and traffic Of extensive sections of
try which last year had outlet Erie sold to-day
at 81 par cent cash. TIE receipts this company for
APRIL will not vary much from $500 Oo0 In April last
year the earnings $517 $780, The increase viii be
more than $40 equal to about thirty per cent Th
win bring up the aggregate pretty WELL Reading was
quite steady to day The purchases this morning were
ON outside orders. Michigan Southern and Michigan
Central were weak ard closed heavy.
At the second board the market was more depressed
than In the morning Erie fen of u per cent; Michigan
Southern, u; Milwaukee snd Mississippi Railroad, ~ A
sale Of 1000 shares Reading made 1t 90 feler 90
days. Nicaragua Transit declined per cent; Michigan
Central, Y. After the board prices little better,
and there was more disposition to buy. Tho absu, ap
professions about the shipment Of specie Of larger
amount than usual have nearly passed away The arr
val Of two millions Of gold and the expectation OF one
million the same day. does not look much Ike drain
or deple ion. For than SIX months have been
accommodating gold at the rate Of three millions per
month over and above all shipments and our
supply IL too large to be Affected much by tenn
49, ~Hg ank -
million per week for the rest Of the year would not
take more than our California receipts leaving
mulatops from other sources untouched. On Monday
last we had in tho banks and SabTeasury upwards Of
twenty three millions Of dollars in specie, larger
than ever before reported in hand This very strong
bassone sufficient for any expansion the banks uisy
deem proper to make. There Is 1t this moment slight
stringency In the money market. We have had several
to about the Same extent this spring. but they have not
lasted long, and this likely to be ofa character siar
TO those which have preceded it, The recent decline IL
quotations for stocks gives good opportunity for out
sders to come In upon advantageous termsan opportu
nifty that may not occur again for many weeks
Tho interest the second mortgage bonds Of the
Flushing Railroad Company due Nay will be paid BY
the Farmers Loar ana Trust Company, Of this CITY,
IF. Smith, Esq, Of the Cumberland Valley Railroad,
who was appointed weeks since Superintendent Of
the Hudson River Rsosd enters upon the duties Of his
Office from and after this day. Mr.. Sykes, the former
superintendent si retains his Office Vice President
Of the company.
The firm Of Z h. Miller Co.. stock brokers' dissolved
to-day. Mr. W. R. rrAyers will continue the stock COM
mission business at No. Exchange place. he has had
considerable experience in the stock markell and would
serve the beat interests Of those who entust him with the
purchase and sale Of stocks.
The steamship Illinois, 1t this port from Aspinwal
brrg e. two millions of dollars OF California gold. The
accounts from the mines are Of very favorable eharae
ter The steamship Afisa from this port for Liverpool
to-day carried out sloA56s 70 in specie, principally
gold.
At auction, to-day, 100 shares stonington Railroad
stock sold at Is per cent 10 shares Lenox Fire Insurance
Company, 1t e5x per cent
A. b. Nicolsy's regular seniweekly auction sale Of
stocks and bonds viii take place to morrow Thursday at
hsfpast IL O'Clock, ct the Merchants' Exchange The
catalogue includes $ 600 Beeonaine ard Indiana Rail-
road income bonds, and some other fms securities.
The interest maturing May On the second mortgage
bonds Of the Junction (0ho) Railroad, also HurJa
county (Ohio) bonds, will be paid at the once Of the
Cleveland and Toledo Railroad Company No. 10 William
street.
fbe Bank Of the State Of New York has declared
seniannual dividend Of four per cent.
Tie Assstant Treasurer Of this port furnishes the an
nexed ement OF receipts and discounts OF his office
durirg the month Of April, 1885,
c.. - AexYA nNvrrw Au