The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-06-30
FINANCIAL AND COMMERCIAL.
M ON EY M A X z II.

TUESDAY, June 29-6P. NJ.
By the teegraphc despatch Of the arrival at Halifax OF
the Arabia whose mails will be due in this city TO
row evening" We learn that consols had slightly declined
closing noon Of 10th 1t e6k The bullion in the Bank
OF England had decreased flol soo and most Of the
brokers notice . somewhat more active demand for
money.
The feature of the stock market continues to be intense
duness. The commission brokers have orders 10 I'LL,
the spectators for the time TO have abandoned
all sesre to move the market way or the other.
The only prominent movements this morning were the
fall IN Illinois Central, predcated the assessment
and the recovery Of Pacific Mail Steamship from
the low points Of yesterday AS TO the former, the
call for $50 per share. The company have failed TO
cell oil the bonds which offered to the shareholders
in lieu OF call. Upwards of $4,000 600 Of these bonds
have been ssued and gill be received in payment Of the
call, which Is understood to be about IFS 900 shares
upon which forty been paid Thus the shareholders
will have to pay some 81 500 900 in cash. in addition to
the bonds TIE decline caused by this announcer ent
was equal to six per cent At and after the board the
s'o,k freely offered at a. which 10 only Ia for 40
paid. It seems to be doubted IN the stree. whether the
stockholders will pay the additional assessment; many,
il is supposed will prefer sacrifice their stock. Hap
PLY for the company the bulk of the stock is held in Eng
aAd and Ii is unlikely that the English will sacH6ce pro
perty which they have valued highly without fur
Their experience Of its merits Pacific Nail recovered 20 1914
81 per cent above the lowest yesterday.
Doubts thrown upon the authenticity Of the Wander
bt charter and ausion made to the $50 900 mouth
which the Commodore receives from the Ps,c Mail Con-
paay an ample guarantee that he will no. at prescott
embark hazardous rivalry. Most Of the other
declined slightly under the pressure OF dulness New
York Central fell of "a Erie, q; Hudson River "a Read
ing, " Michigan Southern, e; Gsena and Chicsgl, q;
Cleveland and Toledo, ~ Chicsgo and Rsck Island, q
Realpg suffered than the other speculative ir
ties chiefly consequence of sale Of 900 shares of
cash stock by prominent broker.
Between The boards but lte nothing WIS done; but
the transporting OF the operation In Read1g above
mentioned the opened the afternoon board n,
decline Of q, aud the general market synpa.hiz,i,
though without change In prices. Pacific Mail Steamship
clcsed per better than the noroipg having
recovered nearly al the decline which caused oy
announcement Of yanderbits Contract The market
closed dull with desre to operate in either direction.
The following the operations OF Me Sub Treasury
in this city to-day
Total receipts s73Oss SO
-Of which from Customs 5fgoo 90
TOTAL pay menis ..s..... lo@i-so ~
-ot which California drafts .............. 10000 90
lotai zooifZ d
Tho exchanges the Bank Clearing House % DAY
SIS CTS ~ 10, and the balances se5.697 20. Tno Ne
ropoitsn Bank certificates remain at $4,000.
The annexed is a comparative statement OF exports
exclusive OF spece) from New York foreign pors FOR
the week and since January L.
1886. 1857 1858.
Toal for the week. VI 61e,so7 l,6i6255 e,cg7,27
Previously reported. 90 3oo,44 3bs54762 2e,ls97i3