The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-04-02
FINANCIAL AND CONNER GAL.
MON EY M A n X f II.

MONEY MARKET.
THURSDAY, APRIL M
The stock market opened at lower prices this morning.
with but fair amount of business At the first board
Missouri State 6s declined 4 per cent Erie bonds 1888,
.; Canton Company, u Delaware and Hudson, "a Michi
gan Southern, old, "a Panama, q; Gaena and Chicago,
~; Cleveland and Toledo, n La Crosse land grant
bonds advanced u per cent Railroad bonds well
sustained, but the sales were only moderate extent
State stocks lower, and in very limited demand
New York Central improved the opening and the sales
principally for cash. Erie was little better at the
close; sRles made at 2lZ cash. Reading was
weaker, and closed with q decided downward tendency
Most Of the Western railroad stocks we're heavy, and
closed dull at quotations Gaena fell of further than
any other stock the list and freely offered
than usual Chicago and Rock Island opened at 1874 and
le of at 70 cash, and not at all active. All the city
railroad stocks well sustained, but sell only in
email lots. small LOT OF Pacific Mall Steamship Com
pany sold at 70 per cent, which is slight decline
Al the second board the market shade two bet
Ter and quite active up to the close Missouri State skies
advanced per cent La Crosse land grant bonds, l.;
Canton Company; "a Hudson River Railroad, n; New
York Central Railroad, a Erie, u; Chicago and Rock
Island, NJ Reading, a Michigan Central, u; Michigan
souahern, old, = ;hchgan Southern preferred, "a Ceve
land and Toledo, y. There quite a scarcity of New
York Central stock this afternoon, and it closed firm at
our quotations It reported tina, the President OF the
Erie Railroad Company has obtained all the money wanted
upsu The most favorable terms We understand thai the
company intend abandoning the Long Dock construction
Cor the present appropriate the proceeds Of the
lpan the old line Of road Luge expenditures
CURED for repairs &C. to place in good working order
I'D everything must give way for that Pacihc Steamship
Company lower this afternoon closing rs per cent
The transactions al the Clearing House today
nsDows-
49,, .x,h.rcae soo 1o6 40 n
rosa paA '.'''..'......'..'.'. i-oo,'] IL
The Metropolitan currency certificates amount 70
s44s, 600.
The by laws Of the Bowery Savings Bank have been
modified allow depcsitors 10 draw their moneys
any bus day upon notice Of thirty days II the sum
arswn sjess than $500, and Of sixty dsysh over that
amount instead Of restricting them to the third Monday
q each month, and weeks previous notice. The
right Of demanding n,,ce is reserved 4 matter Of
prudence guard against danger OF general
panic but in all ordinary times depostors wi hereto
Sore, be permitted 10 draw their funds at WILL without the
fprmAiiiy OF notice.
The Collins lice Of stcamshps-the Baltic, Atlantic and
Adrtc-was sold this Morning for $50 900, subject 10
hens amounting about hundred thousand dollars.
second dividend Of per the capital Of the
Ocean steam Navigation Company, will be paid TO the
sockbodsr. the 18th Of April the presentation Of
shs certificates al the Office Of the company, No IL South
William street
TIE asslgnees Of the Illinois Central Railroad have
s,vcn notice tina, they prepared pay the optional
right scrip, with the accrued interest," presentation
NE onice Of the company, No. 30 Wall street
Tue coupons on the unsecured bonds OF the New York
and Harlem Rar DAD Company which are past due, will
30 paid presentation al the Tre~urer's Office
The Reading Railroad Company have made public hx
rses Of freight and tolls coal for the present
until further notice. They considerably below the
Standard Of lst year. II likely 70 be losing business
throughout
TIE Limitation allowed 70 he blllholders and claimants
against the South Royaton Bank Of Vermont In which 70
present their claims and proofs 70 John B. Hutchinson Of
West Randolph appointed Master In Chancery 70 adjust
end report such claims The Court will expire the
TN Of April
TIE bill for loanng ave million dollars Of State bcod.
Ne railroad companies which has passed the Legislature
q Minnesota has been signed by the acting Governor and
viii be submitted The ratification Of the people the
lba Of Aprn.
IN illinois Central Company have cancelled s54 800 Of
cr bonds the LIST Of January In Liquidation Of the
sales Of lands The sales Of lands In March 10 25th)
szsouni 70 eco 3ss.
TIE o--esO nma estimates the quantity Of wheat In
esrtan Canadian ports follow, Hamilton cargo
destined for Montreal Wellington square 20 900 bushes
whby % 600 TORONTO 100 900 O~kvile 600. Broute
1000, Port Credit, 20 600 From the Canadian ports on
LAKE Ee Il estimated that there will no, be N exceed
100 ycco bushels shipped before harvest
Tue following bill has been introduced into the Iessla
tire o. this state referred the Committee
por.uop Of cues and villages reported avoraby from
thai committee read third time and ordered be re-
ported complete
Az ACT 70 Authorize rIr CONSTRUCTION orl R,uRosD ~
CssrIN susF1s AVENUES ~ I'VE CRY on INV YouK
PARsi1E AND AnJkcEU TO BROADWAY.
Te People Of the state Of New Yort represented IN
Henete and Assembly, 90 enact A. fOllOgst-
sec. l. Charles 81 John, Nathan worley Isaac Hendrix
phfsnder Kimb.I William McDcrmou, James u. Fish,
Charles A. ststson. William A. Hall their associates,
AID asssns, are hereby authorized 10 lay,
hroosb nns ,ss .ons ,e sooring ,rs,s Sog svsnns
IN The ~ Of New York commencing on the Seventh
avenue at The southern extremity Of The Genital Park,
along Seventh 70 the old Bloom ngdae road
OF Roadway thence along the old Bloomnrdae road
Broadway 20 ULion place thence along Union psce 70
University place thence along University place 10 Sixth
street or Eaverey place thence along SIKH Wa
verey place " Greene street thence along Greene street
20 Canal street thence along Canal street 70 Church street
or 20 wes Broadway, thence along West Broadway and
College place Barclay street thence along Barclay street
toadway thence back through Barclay street 70 Church
street and thence through Church street 10 CANA street.
shence along Canal street N Mercer street. thence along
Mercer street V waverley place or sixth street, and
hepoe along and through wsverley place Sixth street
30 connect with The In University place together
with The necessary turn outs and switches for the proper
sorsne and accommodation o. The road, on the route
Sec. 2 said road shall be conssruc,ed upoa The mos,
epprOvea pan Ior he construction q city railroads, snd
may require, and shall be subject W such reaaouabIe
rules and regulations IN respect thereto the Common
Council of The city OF New York may from 70 time nv
ordinance prescribe and 70 the payment city Of Tho
license fee annually Ter each thereon as l.
pad by other city railroads IN sai city and no high
~ rate a fare shall be charged for the conveyance Of pa
penreV thereon than s charged by other city railroads IN
rrd city
sae In the construction, operation or use Of such
rsirosd should such associates their
sgrs deem necessary proper 10 upon intersect
~ use any part portion OF other city railroad tracks
nov Ad upon any OF The streets above named
they are hereby authorized 70 upon infrsect
ne zane Ard "a oasc they canpct Agree With the owner