The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-07-30
FINANCIAL AND COMMERCIAL.


TUESDAY, July 29-6 +. M.
There was little better feeling in the stock mar
ket to-day. The investment in Erie was particular
ly active, and it closed with strong upward ten
dency. The sales at the first board run up nearly
SIX thousand shares opening at Coz, and closing at
Gil per cent. In Reading there was good deal of
activity, but prices were not so well sustained
Cleveland and Toledo was quite firm, with limited
transactions. New York Central steady. Hi
nois Central bonds sold to very large extent, at
improving prices for the opening. Michigan South
ern Sinking Fund bonds sold at SO per cent. Only
a small lot was sold at that price, they are held
higher. We understand that large orders for the
purchase of first class railroad bonds are expected
by the Arabias mail. The advance reported in Lon
don justiHes such anticpations. At the first board
to-day New York Central Railroad stock advanced
! per cent; Erie, 1; Panama, u Cleveland
and Toledo, I. Reading declined / per cent?
Michigan Central, Z. small lot of
Galena and Chicago sold at 1919 per cent, dividend
OF Eve per cent of Wisconsin Lake Shore is held
above the market A small sale was made to-day at
6s per cent. Michigan Southern closed at yester-
days prices. For La Crosse and Milwaukee II per
cent is bid.
After the board the following sales Of stocks and
bonds were made at auction by Simeon Draper
- 900 Iackawapa a Western RR LIST N int add slk
1900 Ii1yeand and Pttsburg Extension, do... 10
so Chicago and Mississippi kR. los, d.. II
~ shs fafk BANK ....................... "
o. Jersey saty Gas eo.'... 20
lb Park hire Insurance 1907
a. Grocers Fire Insurance Go. 1885,
AT the second board the sales of Erie were large,
at rapidly improving prices. 1t opened at Gil per
cent and closed at 81, with decided tendency up
ward. A new movement has evidently commenced,
and, from the character Of the buyers, we should
Judge that prices would soon touch higher points
than have yet been realized. Cleveland and Toledo
advanced per cent; Illinois Central bonds, !; Mi
chiean Southern, 4; Chicago and Rock Island, !.
The movement in Erie viii probably for time
absorb the attention of the street. and it is possible
other leading stocks may for the moment sympa-
thise, and slightly improve.
The Assistant Treasurer reports to-day as fol-
lows;-
Paid Treasury account .............. slssa7o q
Received 40. do. .................. $500 ~
Balance do. do. ,................. s,l423S5 30
Pad for Assay Once ACKNOWLEDGEMENTS. 3Jlo6 30
Pad - dsburslns checks ............... 3o,655 10
The pay ments to-day include So 500 for California
dranx.
The steamer Barcelona. from this port for Hsvre
to-day carried out s52 900 in specie. The total ship
ment OF specie from this port mp u the 26th Of July
shs year amounted 70 .................st9 s5S so
10 the came date 10 1888 ls,36350l
10 the same date IN 1854 ls,l22563
The increase thus far this year over last amounts
to e2,o9o,273. We cannot learn Of more than half a
million of specie engaged for shipment by the Nii-
CARA, from Boston for Liverpool tomorrow, WED
nesday) and part Of that may be eountermanded
The interest due on the lst Of August the first
and second mortgage bonds Of the Terre Haute and
Alton Railroad Company win be paid on or after
that date the presentation Of the coupons at the
companys Office, No. Is William street.
The following is a statement Of the cash assets
and liabilities Of the New Orleans banks on the 10th