The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-18

their a the insta ces Of demorszaon
two, seem afraid TO touch anythir but the public
funds when this feeling passes way q viii soon be
the case, they win AZ rush % buy simultaneously, and
sudden and extraordinary rise will DO the consequence
This is the tone of the London Times, and we
have no doubt the antcipations of the writer will be
realized.
The Assistant Treasurer reports to-day as fol.
lows:-
iosai recMpts:. s6S,Ssl %
:, payments. .............. ........... 726o3 W
balance ,368 ,666 40
The receipts to-day include ISL 900 from customs.
The steamship Arabia, from this port for Liver
pool to-day, carried out 1898 800 in specie. The
closing rates for sterling exchange by this packet
were 81 81 per cent premium The bulk OF specie
shipments for this season. and for some time to come,
is over and we can now look for accumulation at
least to the full extent of our California receipts.
The operations of the Clearing House to-day were
as follows
Total exchanges. ,442 81
TOTAL balances l,oo1 ,ose 10
The earnings of the Erie Railroad for January were
as follows:-.
January 1928 90
lncrease.. $3o,26l 20
A meeting Of the stock and bondholders OF the
Mad River and Lake Erie Railroad will be h,ld to-
morrow Thursday, at one O'Clock p. NJ, at the
Aston House, to hear the report of the cominittee
letter from Messrs. d. Bell Son & Co., to their
correspondents in this city, dated London, Jan. 49,
says:-
Our money market has experienced an extraordinary
chasge and money with at this time s superb
and with the prospect of further vast Influx is likely
tn become more so that there Is every expectation of
higher prices FOR all solid securities.
Messrs Berenberg Gossler Co. write from Ham
burg, on the 9th of January as follows:--
Money is very plentiful, and discount in absence of
material TRANSACTIONS has declined to two per for
first names. Confidence returns more and MORE and
transactions become daily more regular.
We understand that letters have been received by
the Niagara from Mr. Moran, President of the Erie
Railroad, at the Office of the company, in which he
speaks in thenost satisfactory terms of the prospect
of successful issue to his present mission in behalf
Of the company.
The coupons Of the first mortgage Qss2) bonds of
the Milwaukee and Horizon Railroad Company will
be paid at the company's Office, No. Al Exchange
place, on presentation. This company will soon be
in condition to renew the work of construction It
seems to have passed through the panic about as
easily as any Western railroad company and to have
come oft with as little loss
commenced suit against the Pennsylvania Coal
Company forbenets resulting to the latter from the
enlargement of the canal some years since. An ad.
ditional toll was provided for in the contract be-
tween the two companies, to be paid by the Coal
Company in the event of such enlargement; but they
having repeatedly refused to recognize the claim, a
nearly or quite 100000. The stockholders of the
Compapy wi Iv aaa fha off,
value of their property in case the suit goes against
them. The evidence in the case is now being taken
before commission in this city,
The Boston Post of the 10th instant gives the fol-
lowing review of the stock market of that city,
The constantly increasing accumul atlon Of unemployed
means seems to be gradually affecting prices and en-
courssng speculative action All the railroads bet
and but IL shares offered below S. Large holders
are asking So few shares of Minnesota offered at the
rsy cleared the latter figure being bid AZ the close
sc Royae was active at 4. rne rise copper IS helm.
log copper stocks materially We learn that Minnesota
has been offered 22h cents for considerable lot At %
cents for copper this price will earn from $13 to SIS per
annum at the reduced prices for labor and supplies the
last accounts from elsie Royae say that the mine
ly looking amously At all points but one the ground il
rich The expenditures have been reduced considerably
"Rutand Firss' advanced 81, and demand at 90
CAREY sold at 81 sellers option cash stock being
offered at any price This stock susceptible of hand
some advance-vide figures in "hnanoe and business "
waverey Huron and fotec were in quick demand The
Dunnell Manufacturing Company at Pswtucket recon-
menced work this day
We have received copy Of the annual report of
the Sixth Avenue Railroad Company. The receipts
and expenditures Of the road for the year ending
the lei instsnt were as follows
Passengers s267 3Ss "a
Real estate lUls 80
Miscellaneous iems...................... 6qoa 81
Rceeipis. .s2'5,s2s 81