The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-03-17
FINANCIAL AND CONNER GAL
n ON Ely u A II X 4 r.

The stock market was decidedly more buoysnt THE
morning, with sctve business in all The leading
railroad securities. Outside operators appear TO hsv"
taken hold with renewed spirit and TO be bent upon
aothor initiation The interest in speculative securities
large, and the number OF people involved in the up
wssa movement is great that We can look with much
depcs for another period Of excitement equal any
thing yet realized AT Hrst board TO day Illinois Cen
trail bonds advanced u per cent Ia Crosse land gran:
bonds, n; Cary Improvement Company, a; Cumberland,
y; Pacific Steamship Company, u; New York Central
Railroad, Ere. n Hudson River Railroad, Il Reading,
Ia Michigan Southern common, u; do. guaranteed, 2;
Cleveland and Prtsburg, 1; Cleveland and Toledo, n;
Chicago and Rock Island, Milwaukee aud Mississippi l.
Hudson River Railroad third mortgage bonds declined per
1t will be by this that the Improvement
pretty general The amount Of business, compared with
yesterday shows much greater activity, and there is evil
IDENTIFY renewed desire part OF Spectators for rise
10 and fellow the market TO higher points. In
New York Central, Erie Hudson River Reading, Clevs
land and Toledo and Chicago and Rock Island the opera
2ps time, principally buyers option, up thousand
Of shares. Most of them show advance on the
opening prices and the market left of n the closing
quotations AT the second board the market was steady
and moderately active Crosse land grant bonds ad
yanced "a per sent Pacific Steamship Company, "a; New
York CepTG Railroad, ~ Erie a. Michigan Southern,
q Michigan southern preferred, Canton Company, q.
The steamship North American at Portland from Liver
pool brings four days later from all parts Of En-
rope The advices not at all important either in po
lucsl, financial commercial point of view Consols
down q fraction and cotton up fraction. The
closing quotations for eonsos 96 961s for money
account against s6Js 81 by the previous packet In
cotton the reported advance is = Of penny Breadstus
and provisions reported dull without any material
decline in prices. The money markets easy and
active demand existed for American securities.
The earnings Of the Erie Railroad for the month Of Feb
ruaTy 1908, were s3S0ssS ~
Earnings, February, Observation-Disclosures. 27o0s3 Al
increase tbO7oO "
The Philadelphia North Ameri,an Of the 18TH Instant.
says
gives us pleasure 10 state that Nessrs Farnhsc Kirk
ham Ca commission merchants Of this city, who dur.
ing the recent panic though il advisable for the proec
both Of themselves ana taeir creditors 10
suspension will 70 day resume payment on ali toeir lab
ties This return 10 active business OF house long
established widely Connected and 70 highly respeoted
not only gratifying IN Itself but hssltnfu sgn OF the
times.
The Assistant Treasurer reports to-day as follows
Total reoeip0. N,6sZ2st ~
- pay menus. ..s.,.''...........'.'.'. z4,Ifo 20
" balance. 4,Sl lO2 70
The receipts to-day include SAL 900 from Castoms.
The Blk per cent joint bonds Of tue Camden and AmbOy
Railroad and Delaware and Tartan Canal Companies due
in 1882 brought 77 per cent Monday This sthe first
sale OF any OF these securities IN ths market Tor soma
time, and they much needed here for Investment
We do Why they not good or better than
many Of our State stocks, for II is well known
that these two companies the "ngher law Of New
Jertey, and in fact the state We can remember
when the 1--WE per bonds OF these companies
sought after above par for investment and remain as
ruch with the original purchasers Of twenty years ago.
No default has taken q single obligation
ssucd by either company they rich proud and honor
able-,hree vital ingredients FOR . corporaon-and
managed by who above and beyond the Western
tactics of grand or petty larceny.
The transactions at the Clearing House TO day
folowss-
Total exchanges s3s - ~
Iotai osanCes .ss.s..'''.''.s''s s~,@So ~
The Metropolitan currency certificates now amount to
S6s2 900.
The demand for sterling exchange for remittance by to-
norrow's wednesday, steamer has not been very
tive, and the stu tend downward We quote best
bankers bills on london at "a ~ per cent premium.
On Paris, 81 FAX 81. lsz
The annexed Il comparative statement OF the exports
exclusive Of spece) from York foreign por for
the week, and since Jan. L.
1855. N67. 1883.
Total for the week. 81 32l 1850 35s 1906 ess
Previously reportd. 12423,ee7 1l,.6s,eA 9,e3Ssss
Since Jan lst......sN,o74ols l3,3ss2ss II, 500
The value Of exports has thus tar this year been we'll
susAined While the value Of imports has fallen of