The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-07-08
FINANCIAL AND CONNER OlAa
aOuEY n A II K E ~


The advance quite general aud the transactions to
very large amount The bulls have taken hold sharp
that their extreme line Is likely to be 1lled Neuly
al the purchases TO day by for rise
me while the principal cash purchases made by the
Efforts for delivery Prices have been up too fast
The bulls could have filed themselves at much lower
rates bad they been disposed bat the object appears
be 10 prices up rapidly to induce outsiders purchase
This game cannot be successfully played as In times
past Outsiders have not the disposition the to
buy railroad stocks and those who unfortunate enough
to be holders viii without doubt realize when they
do without very serious sacrifice. Az the frs. bod
to-day VII giua 6s advanced per cent; Illinois Central
bonds Delaware and Hudson, Pennsy !vanla Coal
Milwaukee and Mississippi, 4; New York Central
Railroad, ~ Erie s Reading, L. Michigan Central, 3;
Michigan Southern, s; Illinois Central, 9; Gaena and
Chicago, y; Cleveland and Toledo2; Chicago and Rock
Island, 3k In Crosse and Milwaukee, The movement
in La Crosse and Milwaukee was very irregular to-day 1t
opened at 48 per cent cash, and sold down to 43 cash.
and AZ seller 90 days The bulls have made contracts
take quantities OF railroad stocks, and the ques
ton naturally arises what they going TO do with them
They certainly cannot keep hem for they have not the
the disposition They certainly cannot sell the real
stock at s cost and little curious to learn where
they intend locating such mass OF doprecing material
The supply of stock the market is amps There can
brig in new stock In sufficient quantities any
side demand The naat.on soiss On Ia prices Local
movement entirely 10 a. among the brokers, and they
eight The bears do operate for the hour
the day. but for all me- and In the long run must come
out top OF the heap Inc money market oonannes easy
Inc day pay into the are tue ~ ree
q sna''pa'ed oui inc o'sDurSemen 'nus ar nave oeen
very neavy' We snan Soon see . cnaose'
Al me fecona oosfa mere was aui'e reaeu'o tue
wrong way ior buyers ana noiaeo' SoeNs generally
were o~er ana 'aere WE oeS're W sep La inc
lace oil me A'e rise ana ne deo'ne THIS ernooo me
board n1ve feaoiiy put out oon'rao" ana MADE good
averages iof 'ne next pnon, WHICH - SURE !" come a
night follows day me imitation has brought 10 mes
se''e's, ND" 'o sno'" nA'o s~"eu "u0" 'uoNsW' we
YORK central ieh on per CEN; hrie, Il heading, III
Nchesn Southern 2; Cleveland and Toledo, az; Galena
and CHICAGO Y. CHICAGO and Rock Island lx La Cro,se
and Milwaukee g. Cleveland. Columbus and Cincinnati. l.
MohIra. Central Mlvsulie and MIssssippi sod nj sa
A mar cent cash and so seller 90 DAYS n this had NO
more r,ends among the broksrs than the La Cro.e and
M,w.uk,e Companv n would be sailing a, 10 mar can,
belo~ ,h., s,ock Tho In Cros.e Comnsov have made
M seo,, N s,,,.r ,,s .,rk IN tina a,ket I'M, o,s,v
,ok n. and LAT the brokers knsc n about Al hsv nls.se
wch,,.n sou,hsr, oreer,ed sod ,, .a,noon !. so n.,
can, IN. n.cem.c, a,va.nd nm ,h. .,ock ia oasrsa a,
per cent, rne Michigan southern old stock IA sustained
nv the ,sme pr,c,,cos and bv tho same machinery which
run nm from "a 10 Ga during the p,ons 10 the
Guaranteed STOCK and IL will upop the ooennr of ,he
books, fall back in the same WAY The closing Of the
hoax, for tvcn,v DAYS vas . ,hrcwd financial move
I'm, 4, NOT utcv 1, do the ,n.,ae martin. snv good
rhcy will ond "A iu,, sbou, AZ dlfpcun 10 fol.
an Incl, contract. Then "a now Tho bulls arc placing
Themselves In very unpleasant poson II is the easlos,
thing In the world TO buy stocks up prices
,h,ss ma, can, a.v an Long a. ,bsx consnus buvsr,
but the moment they stop or attempt 70 realise very d
fsrent state Of things appears
Tue steamship Persia from This port for Liverpool to-
wednesday, will take on, about three quarters
Of million in specie
The Assistant Treasurer reports to day follows
Total receipts ..stse.ots 30
"a SOsss9 ~ ~
a. a.,.o.. ,n ,hs h.nl, ~ az, ,,,v
49,, 80 a. -, -. 800, 80. sss ,s- ga.
60 &C. %, a,. 80. a.. -.
- -, - - g - 80,
-. = - -. :, a.,
- $500. s......s a. 49, 80, -,
80 - - % =, 40. co.
p.,,.a.a - a,.,..., 80 .,.,, Ala.
- -. sa., -. =. ~. ,s,,, .,, ~. "a.
49, -. :, -.
,.,, 80. a.. v...s.-,., -. 60
y" vs.. - - :, -. 80
mFAnnN~ o'"ono '" ven Po' o"n'' IVs"o v" '"o i''
mat the Nassau Fire Insurance Company, OF Brooklyn,
se,i animal dividend of tan mar cant r.vsble on de.
80, - o., - r.-- -, :.
mani 'ne Jersey e'y insurance oo"l~ny' SCI" sn'
nua dividend Of I've per cent, payable on demand the
49, yo-p ro,i,.hia rnaursnce C,pnanv dvidend of
-. N.-,,- = a., 49, t., a.. os,. r,,. a.,
ten per cent payable on 'oe i'n ns' ''e o"'o Lo A''
Trust q mpany, semi annual dividend OF i've per cent
The earnings Of the Racine and Mississippi Railroad for
two months pest follows
Iune $1,000 20
B143 90
Two months. So los 30
NJ ,ha .,,.i nj tho Arabia Al this mort from
~ - - -, -. ,-,-,,,--- . "a
Liverpool, wenave i'ur oVs a'er 'neuseo0e "..n NJ