The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-05-30
AND CONNER ClAL.
M d N &c Y M A n x EFT.

FRIDAY, May A,-0 T. Nj.
The stock arke. opened with strong upward tendency
this morning, md with considerable activity all the lead
ing railroad stocks. New York Central Eric Cleveland
and Toledo Michigan Southern, and In fact all Western
railroad Stocks particularly active aud OF them
advanced fraction at the first board. Ponnsylva
mia Coal Improved per cent; Now York Central I; Erie
l. Reading, "; Illinois Central, y: Cleveland AMI Pitts.
burg, q Galcoa and CHICAGO, TX; Cleveland and T,edo,
q Chicago and Rock Island, Milwaukee and Mississippi,
~ Michigan Southern guaranteed preferred ten per
cent scrip fell of per cent do do do full, 81 The sd
vice. from London by the Arabia had favorable effect on
Illinois Central stock Sales made al 40 per cent,
but the stock closed at 1917 Michigan Southern old do
fered stock appears to be ip bad way II bangs very
heavy 10 tho uoehoorhood Of co per cent weexpcct 10
see cave in OF these days The guaranteed, prefer
red Is gradually settling down. Cleveland and Toledo
quite buoyani this morning. and sold freely the ad
II opened q; es and cosod a, e6X per cent with
sales OF nearly four Thousand ehares.
AT the scconi board the market FOR some stocks
pretty veil sustained with pretty active sales Cleveland
and Pitisburg advanced por cent coslns at a. seller
days Cleveland Toledo opened GO cash. and closed
CO, buyer 20 dsys sale, seller 20 oays made at
6iA POI cent THIS shows how the stock Ia orked by
the inside managers. After the board offered In
stacks a 65 per cent cash 1t may drop 10 10 any day
Michigan ouihern old deferred cloeed at the board 10
per cent but afterwards sold al 5s cash, aud offered
freely al that price, The guaranteed preferred heavy
at SO per cent with small sales Erie toorably steady
this afternoon, and closed with upward tendency
sale OF ohio Ilfo and Trust made lo per cent, cash.
ard another at % per cent, seller months dlfortnco Of
. per cent
The steamship Arago, from ihtc port for Southampton
and Havre, Saturday. will take out about
million Of dollars In specie.
The Michigan southern RLhosd Companys estimate Of
100000 earnings ttis year looks now more like
s2,5oocoo. We understand there Ia trouble In the
direction We shali whether tho gray marc
IL the better horse or not
The Assistant Treasurer reports today follows
Total receipts. t27757f %
Iotai pay 80 VI
Total balance 3pi "a
The payments today include si1s,ooo on California
dra1s
The Corruption Committee Of The Canadian Parliament
have recommended In their report that criminal proceed
ngr DO instituted against the managers OF the Woodstock
and lake Erie Railroad, who proved guilty Of the
grossest and most unblushing frauds.
On the 18th Of January last published the following
letter from Commodore Vanderbilt 70 tho stockholders Of
the Nicarasua Transit Company. will be scon that tho
lcttcr IL dated December -, 1856. Commodore yandH
blh appears TO have lost faith for moment In The
ultimate ress,absbmcnt Of the full rights and privileges
OF The Traush Comosny The sdvices from Nicaragua
published to day confirm all his antcipstions,-
10 TIE STOCKHOLDERS of Tfy ACEssORr TRASr COArA us
NIcARAouA
Having perceived that the steamship Promeheus, b.
longing the Accessory Transit Company advertised
TO be sold ihs day updor process Of the UnItod ststss
District Court authorized apcreon 10 attend tho ssic and
gave him instructions 10 what extent 10 bid He pur
chased her for the Of to0, In my mama and my
account
Pr sent appearances Indicate resnz stop of my hopes
that the company will speedily be restored rights
frsncbses and property upon the lsthmus 90 Nicaragua
which has been 80 unjusy invaded. FIR this
have deemed 10 be my duty 10 mako Az. effort 4, pro
serve The means Of avsng myself OF W opportunity 70
recommepco operations. when that time arrives such
material az may have hand, 10 pu' IN operation,
shai furnish giving each sockholdor tho right In propor
ton 10 bs stock participate with me at cost In 70 essb-
hshng tho line. e. FANDtSBfLl.
NV YopE, Dee. -, 1854
fortunate for the hcds r. Of stock In the Transit
Company that during the 0w Justerlog term Of Walker
hey had such man "a % mmodore Vanderbilt at the
head Of THEIR affairs. lie w H. without doubt take lmmc
date steps TO place the linz opcc upon proper be-
els. II win take scmc time 10 get things into the RICH,
shape again, but win done the earliest moment and
In The most judcious banner. Commodore Vanderbilt
not IN The new boz I'd Of directors, but no Is 10 fsc the
adviser and atua manager. Throughout the late din
cures Of the con- pany Commodore vanderbilt has had AZ
eye solely 70 NJ interests Of tho company, as will be seer
oy ms c"er, and appears In all hIs Testimony before
the courts " the law proceedings which have nom time
70 time Cured There was an active movement In lh'
stock TO day
" bekirg over the statement a the Pscinc Mall Steam