The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-02-11


Tho stock msrhst continues very much deresssd
Tho amount a stocks pressing for sale daily n0ress
ing, and there appears be great anxiety 70 realize
me transactions In al The leading railroad stocks were
quite large this morning, all II lower prices Al the ars
board Missouri 90 feb Oh per cent; Illinois Ocssrh
bonds, y; Delaware and Hudson, n; Cumberland, "
New York Central Railroad, n; Die, u; Michigan
ssuthern, i Uevela and Toledo, Chicago and Rook
Island, u; Carton Company, ~ Reading opened ~
Yesterdays prices, but improved fraction DO
fore the CLOSE. A feeling Of apprehenssou pro
vailed among The several chquss Of heavy hold
ers, and but for The rapid decline n prices such
movement would produce, We should see Immense
amounts OF stoek put the marke. for SALE A 10 b,
prioss are destined to touch much lower points. hchi
gan southeru has fallen -four Eve per snoe the
dividend Cleveland aad Toledo Is with great difouy
.utained; Erie leading and New York Central all must
give wsy before the pressure upon the market and the
uppvcaohipg financial stripgsnoy The different cKqucs
have carried their grist about long their power
viii permit. They bud relief from outside pur.
chasers, and there 10 other Alternative but 10 les
them 90 In way, possible, 10 prevent 30
ri0us sscri6css New York Central Is sustained
In . degree by the closing Of the books but the
pressure stock upon the market when they open will
DO sufficiently great to break down prices tho bogus
quotations from London 70 the contrary not withstandng
No one side oAn be deceived by operations
ported In the London stockjobbing circulars The od'
oaadi Of getting Of railroad stocks quoted In
the London market b 700 wen undersocd here require
any explanation. The thing he's been overdoue; has
been run into ground by ether panes before the
nnancers Of the New York Central Company attempted
H. We suggest the Central people the policy Of getting
the Credit Aobier 10 take hold Of this stock. II might
succeed better than the London stock jobbng dodge
The changes Hao,usions the stock Of the Michigan
Southern Railroad Company, during The past few days,
havc been the Of much inquiry on the Stock Ex
change. has isen and fallen shout per cent daily for
time. appears that dividend day had arrived and
the treasury was In funds To meet the difficulty
coue has been had 70 the usual methods In suoh
made and provided" The Company could nos Afford TO
Pass The dvidcnd-the stock would fall In proe and hurt
its friends Again. had large loans In Wall svset-some
say 81 800 ooo-And woAld Iot 70 disturb the
Of the money lenders Bonds she Orient Of $780,
eco said 70 be due April nex another reason why
the price Of the sook should be maintained st all hazards
In addition to ali this, the Michigan Southern Company
has been 10 per cent dividend paying ooaosrn and
IT, stock at one period lao per oeDt ~ brhaD,
success has been the means Of introducing many west
ern enterprises upon the New York market and Il Is
dovetAed In with certain osher corporations that might
Ger some" any accident beiel Is. For thess and
resions, dividend Of per cent was considered
neoesATy and In spite Of obstacles thrown 10 Tho
way by who thought Otherwise, Tie thing cane of
In The regular way u the regular time While at
al doubtful the stack and fell above stated bu,
the Affair finally nxed, Ie never 10 rise
again. the public put In possession Of ali the fs,s Of
the Gaze precisely they And yet differ
ence between sbs course Of This company and tnas Of
many others They all do the thing, and hing IL
said aboutf Az long the dividend 10 declared nna
matter Of no sort OF Consequence where from
Amor the adjournment Of tho board the folio ring
sales Of stocks and boods ware made u auction by
nmeen Draper
81 ,oco Sacramento CITY los Int. sdded .......s 80