The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-11-14

La Crosse and Milwaukee, /; Panama. !; Cleveland
and Toledo, 4; Oh clgo and Rock Island, T. There
was conidorab activity this afternoon in railroad
stocks, and the operation. time comprise but a
very few ots II IL most extraordinary festure of
the market that 30 large portion of the transac-
lions Is for cash. This shows great abundance Of
money and t also shows that very few outsiders are
among the operators.
We informed that so many Of the stock and
bondholders of the Delaware, Lackawsna and
Western Railroad Company. with the creditors. are
holding back. thoping that what is needed win be
done by others,) a. To endsnger the completion Of
the plan for relieving the company from difficulty
II was reported in the street to-day that new
issue of bonds BY the Cleveland and Pttsburg Rail-
road Company had just been discovered or acknow-
lodged This issue Is said to amount to two millions
Of dollars. These bonds were issued in Decemher
and January Last but no mention was made of It
in the report Of the following April The issue was
intended for the construction of the road from Bgh
ton to Pittsburg. Not dollar having been applied
to that purpose II is now stated that the proceeds
OF the bends sold were used for the liquidation of the
floating debt. We do not see how this can be, when
the floating debt has not been vt all reduced. The
reported large earnings of this road and the proceeds
and the company /. left ith floating debt ~ large
as it ever was and with previous Issues of bonds and
stocks amounting 10 ten millions of dollars. A full.
fair and honest report from this company is anxously
looked for by all parties interested.
The amount Of gold on board the steamship st.
Louis, now nearly due from Aspinwal, is upwards of
eleven hundred Thousand dollars.
We annex comparative statement of he imports
Il NJ -
since January IL
Entered at the port. .el3 25s 1I9O.575 6l4 6O4
Thrown on market. 1927 ,os4 ro53,547 1880
Since Jcnro,y1 1850 1865 1857
Thrown on market 50 7ss,4i7 sS7lo,7l0 7955s,s7a
The managers of our country banks generally up.
prove of the course adopted by the banks of this
city regarding the large amount of currency which
has accumulated here. There is no doubt but that
the plan proposed will work satisfactorily This was
our opinion the first moment the provisions Of the
plan submitted, but some of our contemporaries
either cannot comprehend the matter or are deter
mined to prevent its operation. They are doubtless
the organs Of some weak and sickly institutions,
which are in danger Of collapsing upon the return
of the smallest portion of their circulation. The
sound and strong country banks have nothing to
rear, anu eieioe approve Oh the course pursued by
the Clearing House Committee. We have every con
fidence in it. and believe it will work admirably.
The notes of the Manufacturer Bank of Manches-
ter Conn.,, were thrown out to-day by the Metropo-
Titan Bank.
The coupons on the bonds Of the Erie and New
York City Railroad due LIST September last are now
paid at the Mechanics Bank New York.
The annexed is a statement of the specie shipped
on board the royal mail steamship Persia for Liver