The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-23
FINANCIAL AND DINNER GAL.
MON EY M A II X r r.

MONDAY. Feb. 22-6 r. NJ
The amount Of transactions at the Stock Ex-
change to-day exceeded anything realized at any
time within the past twelve months. At no time
for months previous 10 the revulson was anything
like II In the stock market The transactions,
sum up more than twenty thousand shares of stock
the current market value Of which cannot be less
than one million Of dollars. In State stocks
the business amounted 20 about one hundred thou
sand dollars, and in railroad bonds 10 about
one hundred and twenty thousand dollars. This
j. about the extent OF the operations at the first
board. The market appears TO he in a condition 10
stand any quantity OF stock. Three four thou
sand shares are absorbed about easily drop Of
water in dry sand. Buyers have come in,
and are coming in from all directions. The
telegraphic wires leading 10 the remotest
sections OF the country are in requisition
every moment OF the day during business hours,
bringing orders from outside purchasers 10 buy
stocks. The entire list appears 20 be animated 10
the same degree. At the first board today, Virginia
State IS advanced per cent; Missouri 6s, /; Erie
bonds. ISL, /; Hudson River second mortgage. 81;
Pennsylvania Coal, I; Canton Company, 1; Cumber
land Coal, IL New York Central Railroad. {: Eric
Railroad. IL; Hudson Railroad |: Harlem. }; do.
preferred. 1; Reading, 4; Michigan Southern, q; do
preferred. .: Panama, 4; Cleveland and Pittsburg
n; Gslena and Chicago, /; Cleveland aud Toledo.
IA; Chicago and Rock Island, %; Milwaukee and
Mississippi Railroad. /. II will be seen by com
harrison that the advance this morning was un
usual There was not an exception in the entire list
We have noticed for some DAYS past an active move
mcut N Hudson River Railroad stock. and steady
advance in prices. The purchases principally on
account Of parties in Albany, and there are rmDrs
| Of arrangements about Icing made between the
I New York Central and Hudson River Companies
| relative 10 extensive depot grounds on the
/ river, al some deep water point a. low down IN
the city possible 70 a. 10 give these lines adyan
tages for ireiFhng equal 60 those OF the Erie Rail
road Company upon he completion Of the long
dock at Jer~s City. Chicago and Rock Island was
in very active demand today ard closed firm at our
| quotations. Panama Raruad WI in demand the
purchases are principally 90 foyign account We
learn that line Of propellers j. absut being put
between Panama and San francisco for the trans
portation Of frcigh; az low rates and for the con
veying Of passenger. at about one half the charges
now made. Such line Of vessels has long been
wanted between these ports and the traffic and
travel thrown upon the Panama Railroad from that
source is likely TO be very heavy. II is estimated
WIN f'ii7 INV VI 11N1'hplH oh eht tbt
time between New York and San Francisco will I've
about thirty five days: but the reduction in charges
both for merchandise and passengers will be 80
| great as to make the additional time a matter Of
secondary importance.
At the second board TO day the market was even
more buoysnt than in the morning with very &C.
tive business. New York Central Gs advanced per
cent: Milwaukee and Mississippi second mortgage
n.
Coal, !; Pennsylvania Coal, New York Central, /:
Hudson River Railroad, &; Harsm q; Michigan
southern, old, 4; Panama, I. After the board prices
ruled 81 still higher points. The closing quotations
| for Cumberland were q 81 per cent: Erie, 800
3'i Panama lOii lOii; New York Central RAN.
road, s'a s7i Hudson River Railroad 30 800.
The Harlem Railroad Company intend issuing
report Of the Affairs VI the company to the stock