The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-05-05
FINANCIAL AND COMMERCIAL.


TUESDAY,, May a--6 7. NJ.
We have nothing particularly new or important 10 70.
port In tho stock market Tho list OF transactions
what larger than II has boon for time past and opc
rs,orB take hold with confidence In the future
political and gnaaca affairs. Lower prices rulod this
morning and the general tendency was downward. At
the board Ia Crosse Land grant bonds declined per
cent; New York Central Railroad, X; Erie, y; Hudson
River Railroad, NJ Reading, y; Michigan Central Rail.
road, Il Michigan Southern, old, Il do. preferred, *;
Galsna and chi,sgo, y; Cleveland and Toledo, =
Chicago and Rock Island, al Mlwsukis and Mississippi l.
Gacns and Chicago sccoud mortgage bonds advanced 4
per cent; Nicaragua Tranait, 1. We have noticed for
days past sales OF The stock VI the New York and
Phladelphia transportation Company. This moraing
there sale al 1901 per cent, We hardly know the
paternity OF this company. s,ms say Il s The old Flo
rcrcc ans Keyport concern gaiy anized ander name
and located where in that part Of Jersey Il IS
very likely that company. with popular tltle The
sales nj the boar probably what wei known as
vashes This Is not the time for putting speculative
projects on The market
AT the second board the market moderately sctye
and prices were pretty well sustained. Hudson River
clos ed at al zht advance with small sales Chicago AMI
Rock Island per cent lover; Milwaukee and Missls
sippi v Ia Crosse land grant bonds advanced X per
cent, Gslena and Chicago second mortgage bonds, NJ Ia
oinc Steamship Company. q; Harlem, u. Holders OF
stocks feel confident Of important Improvement In
prices before The SUMNER in and look upon tho pro-
sent fluctuations an merely preliminary 10 tho gcncre
movement Tue purchases by outsiders fnr some time
past have been principally OF the best class OF dividend
pAyra securities and Of that Of unproduc,ve stocks
The future o. which the most encouraging. The most
prominent ssscS In this last named class Hudson River,
and Ia held rh great confidence in view Of the results
Of the present udcous management and the reform In
troduEed into the expenditures.
The steamship Europa, at Halifax from Liverpool,
brns three days later news from all parts Of Europe.
me financial sld commercial accounts are particularly
favorable An advance in oonsols reported with about
the movement IN the money market In cotton The
esaeet bucyaocy and activity prevailed An advance OF
Y to :, q penny per pound had been realized, With
sales 70 unusual extent Quite erctement prevail
ed among spnners and spcousscrs Tho receipt OF The
intelligence In Liverpool that frost had seriously
jured The growing crop, will give further impetus "a
prioes and doubt produce wide spread speculative
operations in all foreign markets In bresastnfs nc
change OF consequence reported Tue demand for In
| dian corn was better, at advancing prices.
The Assistant Treasurer Of shh port reports today n
| follows
Total receipts. ..s..s..... s3t,564 io
Total payments s1s5i y
Total baAnce ....ss..s..ssss..s''s.ss sfoI3bz2
| The receipts include ss3 600 from cus'ons.
The cpcrsuons At the Gearing Eouss 70 day were q
| Follows
Total erohanees...'s...
foeet peisncrs,ssss .ss.s.sssssssssssss i"cpsste
Tho Eagle Fire, Insurance Company have declared
semi annuai dividend Of ten per cent, payable o.
deuAsd-