The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-06-01
FINANCIAL AND COMMERCIAL


MONDAY, Nay sl-8P. n
Tnere appears 70 be no 70 Ing or In the amount Of
transactions Of stock Exchangc In each OF the lead
ing speculative securities the sales up hundreds OF
shsrss and the aggregate time operations very large
Al the fret board to-day tho tendency Of prices was do~n
ward throughout California State scvens fell OH pcr
cent; Ne~ York Central Railroad, " Erie, L. Hudson
River, X; Panama, VI Reading y; Michigan s'u,hsrn,
old, 4; do. preferred, 1; Cleveland and Toledo, x.
In Crosse land grant bonds advanced per cent cumber
land GOAL X Chicago and Rock Island, III Ml~sukic and
Mesissippi X In State stocks and arst class railroad
bonds the busness limited, and prices show mate
rial change In the lowest class OF railroad stocks the
dsprees,oo has been general and probably viii be
more permanent Productive railroad stocks wiI without
doubt be the nrst feel the reaction and imitation
must come outside holders show disposition 10 redeem
their lines The operations nov are confined almost en-
rely 70 The regular street Spectators The most promi
meet commission houses are neither buying nor selling
showing that a. general thing The outside parties who
hold stock not sacrificing At present prices Their
ability 70 hold viii, In the end, them handsome
profits.
Al the second board the market vss steady, and the
transactions principally for cash No improvement, Is
noticed In any particular stock, but there moro nrm
psss than apparent At tho morning board. Erie was
little weak and sellers operate the knowledge that the
forthcoming report win completely sunhiIs,e all the
hopes Of stcckbolse Is pretty well settled that
The stock Of the Erie Railroad Company s entirely worth
issp VIII ultimately settle down 70 about the same
level a. harlem and Ia Crosse.
The operations q the Clearing House 70 day were A.
follows
Total excbanecs..... ~
Total balapcss.. oos,ifs VI
receiver has been appointed for the Nicaragua Transit
Company. Judge uerke, Of the Supreme Court, In the
suit Of the Pennsyvanis Goal Company ssans, the Accee
cory Transit Company, gave order Of reference 10
Samuel Rugses, Esq, 10 sppoiut receiver, and the
refesec has appointed David Golden Murray, Esq The
proper bonds have been led and he entered upon
his duties. Mr. Murray Is shipping merchant Of high
standing and the deluded stockholders 10 that much
abused Transit Company In fair way Of getting
hold Of the wreck and remains OF the property which =
one time was valued At millions OF dollars.
The Assstsn, Treasurer reports day ~ follows
Total receipts ~
Total pay eoo,s -
Total balance. o''osooV y"
The receipts include 2oos from customs, and The pay
| mens include $500, 900 sent 70 New orleans
The bondholdcrs Of the Mad River and Lake Erie RAD.
road Company requested 70 call at the o'e OF Robert
yevcrton No es wall street, and sign the agreement TO
fund the coupons and copy OF the report show
| Ins the condition and prospects Of tho conpsny.
Mr. W. G. Hamilton, formerly With 1rsvers n Jerome
has associated himself a. partner with the arm q A.
Norwood Co., stock commission brokers, No 90 Besve
street
Tho coupons duo on the LIST Of June the Eastern TX
tension bonds Of the Peoria and OquswSa Ealrca Com