The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-03-31
FINANCIAL AND CONNER GAL
M 10 EY MAR X Il II.

TUESDAY, March 3o-b L. NJ.
The stock market buoy,nt this morning, with
less activity among Spectators AT the first board Mis-
souri, State skies advanced y per cent; Hudson River
Railroad, v, Michigan Southern, preferred L. do,
mon, Y; Gaena Chicago, Il Cleveland aud Toledo, 4;
Chicago and Rock Island, u. Pacific Steamship Company
declined per cent; Now York Central Railroad, u; Erie,
"A The fluctuations In Pacific Mail Steamship stock have
for some days past been 10 some extent. few days
since sold 70 per cent AT the hrst board yesterday
cold at 10 per cent and this morning at 10 per
cent. Reading opened and closed weak this morning.
Tho road doing very small business, and tho company
will have TO reduce is tolls very largely 10 get
ordinary amount or business At present nearly the
tire trade Of the Schuyk coal region takes the canal
the present rates the canal and railroad maintained
II estimated that the canal viii do the bulk Of the bust
ness for this year. The cj carrying companies center
ing at this port or rather upon the waters Of New York
bay, have put their rates FOR freight very low,
and the advantages OF this port for shipping coal
will compel the Philadelphia companies to hold
out greater inducements to ,aO mining companies
20 secure even portion OF the as. This VIII result at
no very distant day the ruin Of all the transportation
concerns Hudson River Railroad stock was In very
active demand this morning. opcned at Is and lei OF
nj rs. per cash. Acr the board sold al 30 per
cent Tho shorts in this stock likely have a
time Of In making their deliveries The company in
very prosperous condition, and Will show very dat
tering results from this years business This road has
never been subjected any sharp 6nancerng and
added dollar 10 is capital debt by the psymen, OF
unearned dividends. The entire capital stock Is only
thirty seven thousand shares and but small portion
On the market Canton Company very arm this
morning After the board influential party offered
22 buyer 90 days, for seventeen hundred shares and
no seller appeared Panama opened and closed At prices
current yesterday. There very little stock the
kct Cleveland and Toledo closed pretty steady this
morning al 4sk q as. per cent The company have
formally announced the passing the April dividend II
will be long time before this road dividend or
resumes payment Tho funded and floating debts are
running up very fast aud will continue 70 absorb the
tire earnings Chicago and Rock and has been very
quiet for days. The company have mot formally
announced the passing of the April dividend, but we pre-
sumo that 70 days will determine the matter The
10th Of April Ia the regular dividend day. There
small sale Of Sixth Railroad stock this morning a
lo3 per cent, which is an advance.
Az the second board better feeling prevailed and bet
ter prices were realized Cumberland Coal advanced <
per cent; Canton Company, Al Erie, IS; Hudson River,
~: Panama, "a; Gsens and Chicago, Il; la Crosse aud
Milwaukee, "a. Michigan Southern, guaranteed, fell OF
Y por cent After the board still higher prices ruled and
the marke, closed very firm. For Hudson River 3e1.
was bid and 81 asked For Reading, ass bid ard ass
| asked. There Is strons upward movement IN Hudson
River and operators for rise feel confident Of carrying
IL up 10 higher points have yet been touched There
s everything in the iiton OF the company 70 justify
such course. The quotations FOR Ne. York Central in
| London show an advance Of three per cent Such an
Improvement calculated To increase orders in this mar
k for foreign account enlarge the Limit for those
/ previously sent
There has been an active demand for sterling exchange
for the racket from this port on Wednesday aud the
have improved We now quote banks and banteis' bls
at ~ per cent premium. On Paris ST. 20 ST. l6&.
The Assistant Treasurer reports today as follows;
| Total receipts . ....................... f6s4tO q
Total ray nenb. Io,2tF
Total balance o"EhioDc '