The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-20

murray q Lanman's FlorfdN Water Like
Dned saiss give ie preference Murray LanuAns 70
BY LiSMiS Co. g SeS Wssr Street and b. al drug
gis,s. al W cents per bottle
Coral Kalydor-Youss, Health, Beauty
The nsw eosn. tic Ono bottle VIII insure skin Of snow
FINANCIAL AND CONNER CiAL.
S~-~>o->~o~>~~~~~~~>-~~~
HONEY ma II X EFT.
SATURDAY, Sept I8-SP.M.
There very blue Hmss In Wall 10 day. The
sales d the stock board guile large and all al ower
prices very gloomy feeling prevailed AMI the desire
to realize stocks general At tho first board Mis-
souri, Ga declined per oen New York Central Railroad
es, "; Illinois Central bonds ~; Canton Company, Y;
Pennsylvania Coal Company, L; New York Central Rail
road, u; Eric, u; Haason River Railroad, Il; Michigan
Central Railroad s. ILi cs Central Railroad q Cleveland
and Toledo III Chicsgc and Rock Island, Gaena and
Chicago q Milwaukee and Mississippi 2K La Crosse and
Milwaukee, NJ EicaighAn southors, u. There was .
small lot OF Ocean Bank sold this morning Of advance
of three cent on yesterdays prices The decline In
Michigan Central Railroad reported todAy Wa natural
enough sner Oh financial erpcse As We gave that
companys finances yesterday The closing proe 6b
rer cent oaah. New York Central opened and closed
very weak this morning and there street sass at
The lowest points Chicago and Rock Island was down
again 70 day. u about time for the company to an
1ounce the October dividend II they intend pay 1t the
regular time The of Ma. State active,
without much change in prices These sales made by
railroad companies which State has ssued It's boads
Illinois Central Railroad stock Of Oh per imitation
tta. cannot BIO long sustained. The sales
pany look very WE'LL and have always acknowledged
the value CT it, landed estate but the road viii DO loss
10 long ~ 10 operated never yet paid one dollar,
not withdrawing the reported net earnrgsover fy
o<pi-apd never will. has been, and Will ever DO
dead weight upon the Land Department. and years
will chow that property Is worse than nothing
Seven hundred miles OF Dad running nowhere and not
earning it, operating expenses, will prove an incubus
upon the company, and gradually absorb what value
there be in the land grant and above the bonded
Indebtedness. very few years viii demonstrate these
points. Cleveland and Toledo Railroad sells ut 38
per cent which thirty uiI per cent than It worth
an Investment The probability il that this company
viii pay another dividend on the hock II never
has earned one, but paid several IT. suspension
forced by the inability Of proving money for sss pur
pose, and the probability is THAI will
The Assistant Treasurer reports to-day ~ follows
Tseai reoeipu $1os3. 20
LoAi pey Lt6sl ~
After the adjourn Of the board tho following sales
Of stocks and bonds were made ut auction by A. II.
Auler--
So 400 Breckenridge Can Cor, 90 us int ad each $40
90 shares Excelsior Fire Insurance Company lis
"a " Arctic ln,uranoe Company. ........,... no
Nassau Bank. Observation-Disclosures. 81
20 as,is,ippi and Missouri Railroad . g."
/" Bank Of the Republic. .....,........... 1lssi
ALSO, the following by A q. Nicoy:-
s4b Oco Ohio State per cents .............soaS ASK
The steamship Arsgc from this pori for Ha RE- car.
lid OFT see, 900 in specie.
At the second board the market was all CT. Missouri
e's declined u per cent; Cumberland Coal NJ New York
Central Railroad, n; Cleveland and Toledo, n; Nil
vaukie and Mississippi n. The tendency vas downward
a, the close, and stocks were freely offered.
Tn. Boston Traveller Of the 18th inst says
Weregret 10 BIO obliged to say that there Ia improve
r,ept condition CITE msrsY p,.rkes rho demand
for mtney stu very urgent, end the dscorrt for
There are GOOD manv nego,istons msiirg, Bat not ..
less than pc. cent For call oaps the rates are
per cent por month on prime colsterals.
Vermont and Canada stock offered to.dar III tho
reduced rate OF t3b share, and no bid $25 This
IA airemendoun depreciation; but ~ oonEecon with rs
Vermont Cen, al AID too way s Affairs tiand Tin
uncertain fos'roa), may be given a. . for The
decline.
The failure u Z. D. brigham, h Co., head OF Long
no1nced--bo ocr,r s.on r-c-rhsns Nesrs. Brigham
20 were onsred assistance 70 me amount 81 one hun tired
th9usapd dolut, bnt rtfuaod u, not wishing 70 involve
theU friends.
II W.. tssd yesterday tina, the house OF Jane. X
II
interested IN the ooroa n los n Nov Ensianf and
boids she agency Of ofhe rees corporations The
smou,t n u cir liabilities up 90 high figure
though We have heard nc Anount named.
PEovidescc parer Of the 18Th has the .ol,oxirz:-
We regret n place record this morning what has
aexoy been announced IN the street.-The failure Of the
large snd respect able house Of French, Ssson 90 oil
merchants ,nd cotton snpfzcturors porter Of ber
liabilities, 80 suppose, In the principal oil mgksa.
a,Sar ds.s csu,s on TO-. d..,,e, Their Hah,,ss arc
ostpSted In the street o. $4,000. The Noz Bedford
sadrd .sfnnscs them a. s2oo,o 90 In that ely. The
Aarna Bark, OF which Mr.. Fre1oh president, loses
Uo.bng BY thR failure.
H. ~ Locs Inelgener says me railroads OF xksoari
bard p'osed Tor money and discusses she expediency
Of spending their construction. nssy,;-
shtr, and forced losrs have been tried and used up;
iudv'frai hhliiy" OF directors has been rfsked umo
ana sssn A. freely ~ PRUDENCE us'incd, and the SAWS
resuh follows every Effort Tho means fall short OF the
work 10 be dopo and suspension OF operations for sea
viii not do 70 have work pushed ahead cannot BIO
paid for, because this would Involve the companies In
protest and ruDous disc,edt No. better 10, work
tto, awhile, and LOT the country rest ard Let tho
market recover from The increased strain tha, tho i'm
mense demands Of railroads have made upon for yesfs
past Better this Than 10 stretch the efforts OF the com
Tspes TOO far and the srpgs OF cred which would
90 them irrepersble irjrry.
has been srfges'ed ~ 90 'hsl the railroads o. hnorr
nsht be ensblca 10 progress unirtefrap'ecy oy ias
sdop'ion Of decided measure al the ssion " The Legs
laiure 70 be held ner mon'h lne proposed measure y
no other than tho pse II Sates IN Me Bank OF
the Slate ~ Missouri ard Investment of the proceeds
In bonds issued vsriou, railroad companies This
measure would field about million dollars OF ready
money and would bo suinciet 10 kceI up the work
the roads (alour With o.er thtt they would
hsveD Tor sne,her year At e~. And 70 snosoer year
roads tast the earnings would rapidly complete them
We express opinion the proprcsy Of this measure
Rut unhesngiy 70 Tho people Of the State
that uness speedy be found 10 repensh rail-
rescuic cs the Of them must be greatly
slsckened, 10 MOI wholly suspended for The present.
The cRsh asseu ard liabilities Of The Now Orleans banu
Tanks leans. srects Usrcudttn. Dvports
Curens .s,sllee3 l,le4,I2s 2Ie.,oso s2ol,si6