The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-12-02

nave IT, less dian those Of last will make large profit
wing 10 Inc economies introduced last spring and
mar Tic Michigan shares dull, without variation in
o,s,es Illinois Central hangs heavily at 66h *
New York Central fell on about ono per cont
closing 81 bid State stocks are duh, and rath
lower There Is no denying the fact that the fern" -
duced IN the public mind by the Brown afair >Atpfo-
perceptbc influence on the stock marke' exdrc'scsa
OF materially affected, but there - Vrgin'as are
State stock with the commissic " fewer orders Tor
time past. AZ soon AS the nouses 'nan ior sone
uneasy feeling will dou' .,. ',usa - vse1 Inc p'esea'
in Congress shouls r,ss,rs ), S"a,, 49,
This afternoon the rarket was ae,yve bot stocks we're
lower and closed 'eak at the following quotations.
souri, Us, Canton, II Is; Cumberland Coal pro-
'errea, - a'-2h; Pacific Mail 7sh Ats New York Cen
ua', O Erie, s1s "; Hudson River, AZ ~ Har
I'm, ~. 10; do. preferred, ASK So; Readng, 4o1s
hep gan Central 40A AL Michigan Southern and
"Jrthern Indiana y; do guaranteed, lsa 10; Pana.
ma, 1884, n; Illinois Central, 65s *; Gaiena and
Chicago ~ n Cleveland and Toledo, 20s u; Chicago
and Rock Island, 65ia u.
The Pacific Mail mbroglo continues TO be the subject
of good deal of conversation public opinion appears
be uniavorable to the leading Pacific Mail directors 1t
openly asserted many quarters that the late scheme Of
acompromise a stock jobbng speculation, and that
the Pacific Mail directors for moment expected
Vanderbilt TO settle with them. On the other hand, Mr.
Aspnwalls friends declare that he would have
lent himself TO dishonorable transaction The facts
bound say do not look well for the Paeid; Mail
party 1t is well known that, Immediately after the
versaton which took place between Mr. Aspnwall and
Mr.. vanderbt-scheh conversation soas by agreement
remain strictly confdential-heavy purchases of Pacific
Mail stock made by the brokers and friends of the
leaui of he dav two
mixing Of what was going leaked out, and the
stock 10 per cent The public and the press
then informed that settlement had taken place
between Vanderbilt and the company this
positively asserted by directors Of the Pacific Mail,
without restriction or reservation. Upon shis,
was natural, number Of outside parties who were in
search Of investments purchased Pacific Mail stock and
above 500 the share These purchases were sooner
made than VIII sper round the effect that hitch
had occurred in the negotiations, and
that Mr. Aspnwa and his associates were not and had
been willing to give the guarantees without which
Mr. Vanderbilt would have been mad TO make the pur-
chase Messrs Noses Taylor and Horace Clark
ascertaned that Mr. Aspnwa serious in his refusal
guar his purchaser against competition than they
broke of the negotiations, and the stock declined
ten twelve per cent 1t is hardly worth while make
any extended comment upon the affair at present Mr..
Aspinwa will probably the necessity Of correcting
the impression which the facts themselves are likely to
produce upon the public mind The stock opened day
at 49, advanced to TO- fell back again IL and closed at
761s bid.
The following was the business of the Sub Treasury TO-
day
Total receipts. S5,749 03
For customs .................".-. 20, 100 90
Total pa! menus ................-..... 1881 "a
Balance. 9l5 ,o02 As
The exchanges at the Bank Clearing House this morning
$27 l47, go 80 and the balances 81 7es 554 os
The following dividends have been decared:-The
Howard Insurance. semi annual dividend of twelve and
a half per cent, payable the 9Th inst. the Portland
saco and Portsmouth Railroad three per cent payable on
the 18th inst the Atlantic Cotton Mills semi annual dvi-
dend Of four per cent, payable on the 9Th inst.
The Manufacturers and Mechanics Bank, o6l and 500
Broadway, opened its doors for the transaction of bust
ness this neutrality-suspicious. Ives President and A. Mas
terson, Cashier.
The Philadelphia Bulletin of yesterday says that Mr.
Robert McCalmont, Of the London banking house Of
McCalmont Brothers Co., arrived lately from Europe
and is in that city. His visit supposed to have
reference the Reading Railroad Comnany ~a the
Iereets . uUusc IN common withit
The following notice has been published
CITY OF NEW YORK DEPARTMENT OF FINANCE J
CoMrTRoLIER's OFFICE, Dec. ], 1889 I
Notice hereby given that all OF the bonds of
the Corporation OF The city New York. issued during the
the interest thereon to date of payment upon presentation
at this Office
Holders Of these bonds requested compute the
interest due thereon to the day following the
thereof afford time for the prepare lion of the
necessary warrants therefor.
ROBERT T HAWs, Comptroller
With reference to the position of the dry goods market
the Independent OF to day says
Though the season Is far advanced there still mo-
deratc business dspg-nore in domestic In foreign
fabrics. The Southern houses making purchases of
spring goods, and the clohiers buying material
for spring clothing The auction sales are over and bust
now limited to private trade leading jobbers
Shaws and heavy clothing generally yet in some de-
mand. 1mportaons are not falling of, likely to- The
movement IN domestic goods is steady. regular
mand for export exists Of staple coons and prices
stea y Prints in reduced at the close of
heavy and profitable Delsnes are moderately
active, and are sold IN anticipation of arrival Fancy cas-
slmeres very active. Desirable goods are ifm in
price, but there is large supply Of miscellaneous quail
ties which are not so steady Cloths dull Shawls are
in large stock ana yielding little price, The home
manufacturers are fully employed, enjoy period Of
prosperity which exceeds that Of late years considerably
The price OF cotton is rather tending downwar;s
which will keep goods from advancing ia price to the
trade. The spring trade promises to open with good
supply, at moderate prices and with good demand.
Erch