The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-11-13
: = : an
sv~.-
1888
3,4A
asia
$50
100000
23,26s
1899
$3.50
a.5l


Total s4o2, 6sS
In the injunction case against the Commissioners, pro-
hbtng them from issuing bends for city scrip approved
by the late Board of Eyamners argument has yet been
heard, the matter remaining as reported last mail.
Mexican dollars are dull with sales at II per cent pre-
MUM An opposition boat To Sacramento has deprecated
California Steam Navigation Companys stock and some
small sales have been made at our quotations. The
United States Branch Mint in this city, has been closed
for settlement since the LIST inst and will be in opera
ton again until the LIST Of November.
The disastrous reports Of the Western Railroad earnings
during the first days of the month exercised
baefu influence on the market to-day. Thus far, the
only company which has had the courage to publish its
receipts FOR ito first week in Novenber has been the
Michigan Southern which earned s37 APO against $40 24S
last year, showing falling OF equal TO sil SIS for the
week The Michigan Southern have had frequent
occasion TO show really better condition than most
Of the Western roads having share Of business
and beng conducted the most thoroughly economical
principles. A decline Of 25 per cent in lis business i'm
plies decline Of 10 80 per in the earnings Of most
OF the other lines between tho seaboard and the West
When loses 25 cent Of its earnings and the Gacna 80
per cent what must be the condition Of New York Central
which relies the West for business and which cannot
afford TO practice the economics IN many
Western nesY Its prospect black considering
everythngthe low price Of graia the large supply here
the chance that there will be passenger travel speak
the possibility Of arupturc any moment, with the Erie
that many persons consider the February dividend in
jeopardy. This the feeling which animated the
ket to-day. New York Central opened at ST. the closing
price yesterday, but the supply from the commission
brokers being large the price gradually declined until ut
one moment the stock touched s23s. then rallied to
s3is s3i4, at which price il closed very heavy As
usual, the entire market sympathised. Galena fell ~
Rock Island, Il Toledo, =; Michigan Central, Is;
| Southern preferred, =; Eric, u. The fall in I'LL
| nois Central Ia tho shares, and about
| per cent the bonds il is due to the ir
| regularity with which tho payments being
made the lands sold by the company which may
sion fresh assessment within brief period. Reading
very active to-day and closed 4 lower than yeser
day The tonnage of the road for the week IS TONS
| against $500 by the canal printed statement ema
mating parties at Philadelphia appears forcshaow
| change in the management Not only has the capital
and debt OF the increased during period Of high
tolls from 81 5000 to s25 900, but it that
the President inflicted fatal injury the property by
rejecting in the spring all overtures from rival compa
and regions and declaring that he could only nego
tate the basis that his road get back the ten.
Of 1857 400 900 tons) The result OF the season
proves how mistaken this policy By the last Potts
vile Miners Journal appears that the operations Of The
season, as compared with last have been as follows
The Lehgh region has increased 10 $50 tons.
The Iackawanna do ............ 5d61S
The schuylkil Navigation Company do...... IL 300
The Reading Railroad has decreased ()....i7G 900
Panama and Pacific Mall were both x lower to-day;
the latter particularly weak. The business IN state
stocks and bonds very light and generally speaking
at rather lower prices than yesterday In bank stocks
little or nothing done. Coal stocks were dun
al last quotations. Tho following were HI closing
quotations Of the day'-Missour so4 q New York
Central, s3A s5; Eric, 1895 x; Hudson, 321S 80;
Reading SO 81 Michigan Central, 52A 4 southern
PREFERRED 5-s y; Panama, 1lsi4 II Illinois Cen
ua, 7s'i go Gaena, 1874 "a; Toledo 32s ri Rock
Island, 60 "a; Pacific Mail, bo3 a. The market
closed decidedly heavy.
The business Of the sab Treasury to-day was as fo
lows
loti feceps. Sl2s,2a7 ~
ftolh 'h~uh7..s tsVOuJ W
1"~ p'''tss' ,soi NV %
The hangcs al the Bank Clearing House this morning