The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-06-04
SALES AT THE BALTIMORE STOCK BOARD.
.
PRICES AND SALES OF STOCKS IN NEW YORK.
BY TELEGRAPH
bugh LILLIAN FISHER Son, Stock and Bill Brokers.
~ S..n,tl .t.u..t

In New York to-day Stocks generally lower, but
the greatest decline in Reading which fell off % pc
cent Illinois Central bonds declined per cent; Missouri
6's =; Erie . New York Central \; Rock Island ~
and Michigan Southern guaranteed y Virginia 6's Can,
ton, Cleveland and Toledo, Michigan Southern, all closed
yesterdays rates. but Gaena and Chicago advanced
This was the only stock the list which improved.
The New York Tribune of day says:
The money market without material change but rates
have rather upward tendency. The banks glad
to see, are pursuing conservative course.
In Foreign Exchange there is not much doing, and
rates are scarcely firm Merchants bills very un
saleabe Sterling is 1oI@O4 for bankers signatures
Francs are l0d507k.
As We have before stated, the purchasers of the La
Crosse and Milwaukee Road organized under the title of
the Milwaukee and Minnesota Railroad Company and the
Hon. Russell Sage of Troy elected President. year
is allowed for the redemption of the road The Sockhod
the 25th the day for the annual election of
Directors and there than usual discussion and
consultation to whether the election should go the
question argued before the Inspectors by the counse
of the new Company and Newcombe Cleveland, till past
the hour when the poll should have closed The election
was, however heidi the Cleveland ticket receiving 27 500
votes and another ticket 500 Victory seemed to be with
Cleveland but the best laid schemes of mice and
aft alee, especially in La Crosse matters The old
Board refused to recognize the because they had
been elected by minority OF the stocks because the
election had commenced till after the time when the
polls should have been closed and because these
elected not stockholders Cleveland and Cabe alone
owning stock majority of those on the ticket which
received 500 votes seeing the condition of the Ceve
land ticket and organized, by eecng Daniel Wells
Jr for President Cleveland although President of the
other Board, attended this meeting, and appointed
the Executive Committee. There are, then, four
Boards-BOard No. is the old Board of which Stanton
is President and which does not recognize either of the
Board No. 2 of which Cleveland is President,
only two of the members of which stockholders;
Board No g. which received 500 votes of which Daniel
Wells Jr is President and Board No A. of which sage
is President Alexander Mitchell, who held proxies for
S3000000 Of stock did not them, because he consd
cred the case as homeless for the unfortunate tockhod
S. Chamberlain continues to run the road The
Milwaukee and Minnesota Company expect to make
tiSactory settlement with Chamberlain who, it is re-
road.
The coupons due on the June of the Cleveland
Columbus and Cincinnati Railroad Company, will be
paid at the Office of Winslow, Lanier Co.. No. So Wall
street.
The Post says:
We have good authority for stating that the receipts
of the New York Central Road in May about
100000 falling of of 100000 from the month
last year
The Herald of to- day has the following:
There considerable activity in New York Central
Thursday morning. and, standing the unfavorabie
character of the foreign there steadness
in prices than the previous day. Mr. Richmond is
again in town. and from the tone of parties usually well
informed it is inferred that the long delayed settlement
between the four roads not far distant 1t is
derstood that the directors of the leading roads have been
informed by heavy stockholders that the puere contest
going on has lasted long enough 1t has already
the New York Central about 100000, independently of
contracts for freight which have not yet EXPIRED and
the other roads have suffered in proportion
protest signed by many of the wealthiest and most
esteemed citizen and taxpayers of Pttsburg Allegheny
and the county against repudiaon appears the Pitts
burg papers They disavow all past proceedings in
favor of repudiaon, and express great anxiety coun-
eract the disastrous influence Most of the great
and manufacturing firms have signed the paper which is
well drawn up.
An adjourned meeting of the creditors of Dexter Fay
& Sons held at Boston Tuesday Committee
appointed investigate the condition of affairs reported
liabilities to the of about s3iOOOO and assets of
the value of about $4,000. They recommended the
ceptance of proposition Of the firm to pay 25 per
in cash July / After discussion of matters
ted with the ia ilure, the report was accepted.
Committee has been appointed investigate the af-
fairs of the Boston Sugar Refinery, at East Boston.
The Boston Trdreler says:
We understand that the Committee are to report at
meeting during the latter part of the present month"; and
that in the meantime only the crude at present
hand is to be refined and made available for the market
Some of the prominent shareholders represent the Com
pany as fully able to meet every engagement.
From the Boston Transcript Of Wednesday erening
WASHINGTON MILLs.-An adjourned meeting of this
Corporation was held this morning. John A. Blanchard,
Esq the oldest Director occupied the chair and Joseph
winsor Jr the Clerk ociated as Secretary There was
small attendance of stockholders.
that the Raw state Ns pad bs .e asng
rangeme is made for proceeding with the manufacturing
of cotton goods and the prospects altogether
able to the interests of the Corporation:
The report gave the following financial statement
Amount of claims capitalized 81 1877 e4s q
Less 25 per cent. cash dividend and fractions
OF ShareS ........-............ 94I ,9loZl
Net capital stock. 81 $50 10000
This capital is represented in mills, machine
ry real estate and franchises, including the
entire renewal of Mill No prov ded fol- 81 $50 900 90
Cash, and assets equivalent to cash 600 900 90
Explanations made by the Treasurer concerning
the settlement of the claim of George Peabody Co.. and
also ce tain other claims.
Mr. Fay then offered the following votes, which were
adopted:
ofed That the amount having been ascertained to be
subscribed for under the articles for the cap
aizstion of claims the Bay State Mills the capital
stock Of this Corporation fixed and limited in the
of 81 $50 000 divided into 16 500 shares of 500 each
Voted That the number of shares subscribed for be
tered by the clerk the records of the Corporation.
Voted That the of 500 be assessed each share
Voted That the payment thereof the Treasurer
certificates, provided in the by laws.
The following officers unanimously reelected:
Directors-E A. Bourne, lgnatiaus Sarg MT. George
Blackburn, F. R. Nudge. John A. Blanchard James C
Converse and Joseph S. Fay, (Treasurer Cer-Josept
Windsor, Jr
After passing votes confirming and ratifyng the doing
of all Committees who engaged in the organiza