The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-10-08

his administration the company passes into the hands Of
receivers year sooner year later " matter In
which they take interest Reading was pretty
Arm to-day, the bears, usual, constituting
the bulk Of the purchasers Michigan Central
was hardly sustained It opened ut yesterdays
price, and barely held its At the 6rst board between
the boards II fell of, and was u per cent bwer in the
afternoon We he rumors OF combination Of Eastern
operators put ths stock several per Soath
Michigan rather better this morning, but sympa
thzed with the general decline in afternoon. lena
fell of y per cent to-day, stock being quito plenty
trary TO the expectations Of the bulls The decline in
Rock Island was equal to u per cent Cleveland and To
ledo was steady; Panama fell OF \ per Pacific
Mail which active throug hout the day declined per
cent before the morning board, and the course
of the cay Some Of the Oldest shareholder are realizing
the folly Of holding steamboat stock subjoc hundred
contingencies at price above par. Several supposed
70 have sold oat this afternoon and will doubtless buy in
again in the neghhorhood of 90 Tho closing prices this
afternoon wcrs Mssouris s57s SO; Central s21 *;
Erie, 15% ~ Reading, 4s7s Fl Michigan Central 5i3a
Il; Panama, III. u.s. Gaena, So 81; Rock
Island 653s - la Crosse, 4; Pacific MAIL l02 n,
Tho market closed without animation.
The exchanges Al the Bank Clearing House this
ing $40 los $50 % and the balances 81 ls9 o37 ST.
The business Of the Sub Treasury to-day was
or which from customs ................ $4,000 90
Iotai pay nehs l.1,5so ~
lotal balance. 10 .oio,o49 s.
The following dvidonds have been aeclared:fhe aim
City bank Of New Haven a semannu DIVIDEND Of four
per cent; the Cumberland Valley Railroad dividend of
four per The preferred. and three per the
ordinary stock q the company; the Burlington, New
Jersey, Pank dividend Of three per cent, payable on
demand; the Fremens Insurance Company a dividend Of
ten per cent payable on the 18th instant
The Illinois Central Railroad Company has received
despatch from Chicago advising that the suit OF Bates
against that company, Just tried Chicago has resulted
in Q verdict in favor Of the company
The la Crosse ana Milwaukee Railroad Company have
received despatch announcing the safe passage Of train
through their great tunnel The formal opening OF their
road, which the cities OF Milwaukee, &C., determined
10 celebrate appropriately win take place in few days
IN another column will be found advertisement, o.
cent bonds OF the city of Louisville which
offered for sale by Groesbeck Hoyt The deb, Of
the city SO SOL 900, 81 5a5 900 Of which
only contingent and is being gradually liquiaed with
assets, consisting Of real estate stocks &c S! ola, .03.
The taxable property for 1857 amounted TO o5i
The population is 10000 The Of the sinking
fund derived from licenses and the proceeds OF mar
set houses and wharyes, and yield 4 10 the
city OF about per annam which Wi! be devoted
10 the payment OF the Indebtedness OF the city, and VIII,
Of itself afford annie means 10 pay all the bonds the city
has issued before they respectively fall due. The prnci
pal ana interest are payable in New York.
The receipts Of the Toledo Wabash and wcs,,ra Rail.
road for September folIoms:-
Iassehseis.' SOILS 20
fieeht. SOY !.
Mails and express. Observation-Disclosures. 33i6 66
Total. $40, 4ol IA
The movement Of the banks the four principal cities
of the Unon in which weekly reports made shown
by their last statements, Is as follows =
New York Oct sz 70, S Sl;, So is ssf 7ss,
Boston Oct ~ s6-s 40 2!edl so ssssto sts5 80
y. Orleans, Sep % ie,Gso iaos2so, li,ze625 6Ss,3
gu pa9 az ~ .si su a,gc,2-I s7Gi- ID
Las; 2ss9ls l;s ?7.Osi as2isgsi .,sl5'C2
The official report o. the receipts Of III, traffic depart
q the Illinois Central Railroad Company sp,em
Der i a. follows
srr' mhcr, s2l2 ls9 %
Decrease this September ............... s25y76 10
Tie tolls received upon al the canal Of this state for
tie month Of september, were rs follows
Thlra week q September, lsts........ So, t67 ~
ho' 40 ish''..........s. BOO -
Increase 10 1855. S5,9oi 80
Fourth week Of September ls5s.......... ss,s55 "
~. DO. 1905 .............. - 5ss %
inc-'asN u s93'S y.
Tolls during noath 81 sept, 1883. .2a2s2 %
DO. do do. 1891. .3ipI-5 Il
-
Tie receipts tide water the principal pro.
luce from tie oieuug % The canals to AMI ncai III
oosh al, have bcon ~ foiloWs-