The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-10-03
FINANCIAL AND CONNER GAL.
SATURDAY, Oct &6P. NJ.

SATURDAY, Oct Tsp. NJ
The week ends without the breakdown in prices which
50 many expected, likewise without any marked or
general Improvement since the spasmodc movement q
few days since The report to-day from the commission
brokers IL that they buying stocks for their
toners, though there a time when money
abundant or cheaper No seems to have conf
dence in any Of the railway stocks and one, except
the bulls and bears of Wall street, have
anything TO do with them After every brokers furry
the Wall street operators stand still and look round to
see the public coming in TO buy stocks; when they
find they not they wait awhile, leaving the market du
then they all sell out and the market falls three OF four
per cent This the history Of the past few weeks
at the duh period.
New York Central the leading stock to-day. The
transactions among the brokers the first board
very large, many operators buying selling time,
and keeping the operation OF the books The stock opened
at an eighth advance yesterday closing price
ral thousand shares taken At the advance, which
was then lost In the middle of the day II regaped
and the highest rate Of the morning pcvacd in the a
ernoon the stock weaker the second board
the price y ~ lower than a, the opening. Erie
looked very weak to-day II opened a decline Of Il
from yesterdays price, and fell steadily another u per
cent, beng entirely left without support without at
acks from the bears The decline IL doubtless due TO the
iumcfs which are circulated respecting the probable re-
signation Of Mr. Moran. We have reason TO sup
pose that this gentleman proposes rcsiguing,
that his colleagues desire to turn him
II pretty generally considered that his administration
has not been felicitous his emoumens LIBERAL
but Who general rule in his place could have done
betteP Pacific Mail qneier to-day; the transactions
limited and the price, though = per below that
current yesterday well sustained. Panama was in
active, with decline Of p u per cent Reading
N hpa
clned y per cent to-day. Gaena held lis this
ing the Improvement. after the afternoon board
lower. The Michigan stocks all active day Cen
tral opened at slight decline, but recovered IT, and
closed in the afternoon higher than it yester-
day. Southern common and preferred were With
out exchange. Rock Island sold freely this
morning at yesterday price, it lost ground, however
in the afternoon and lower after the second
board We notice sale Of Nicaragua Transit at and
take this opportunity Of inquring, afesh whether
tho stockholders quiescent9 The business bank
stocks was light. We note sale OF Bank of Commerce
at 1o2ls advance Of x per last quotation
There change notice in railroad bonds IL Crosse
land grants are u higher The demand for good State
stocks active, and prices shade better The fol
lowing the prices after the second board as report
ed by Groesbeck 4 Hoyt-New York Central. 81 A
sl's; Erie l51s 1856; Reading, al. 47&; Michigan
Central, 81 52i4 Southern, % 23Js; Panama. lisa
lisi4; Illinois, 7els soh Galena, 81 sit4 Toledo,
3i4 3l1s Rock island, rs e514 Pacific Mail lo4a
1oi%.
The exchanges at the Bank Clearing House this morning
sis ,252 $50 o. and the balances 81 257 els es
There has been change ii Metropolitan certificates.
The following the business OF the Sub.Treasury to.
day
Total rceopts SlfG2s9 81
III @heh ifum CUSTOMS ..............+. 5000 90
Total pay ments. ACKNOWLEDGEMENTS. Il3I52 50
lo'ii bi!ahce ,lO0,Oi5 50
The North River Insurance Company Las declared
seni-anaua dividend OF eight per cent payable on the
llth inst.
Al the bank meeting held in Springfield on Thurs lay
tho secretary read list u iory banks when had either
withdrawn given notice that they should withdraw
their SPECIAL deposits from the Suffolk Bank including
Rhode Island banks which have withdrawn from the
Merchants Providence Tho Boston Post authorized TO
state that the report that the Suffolk Bank intended 70
give notice TO the banks q New England about
10 discontinue the busness OF redemption, entirely un
founded. No such notice has been gwen none con
tcmrlatcd.
Tie following statement shows the receipts Of anthracite
coal from the Lhgh and Schuysi regions for the past
week AMI for the season, compared With those Of the
correspond nc period last wear