The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-08-12

We quote money shade easier to-day In this market
On call be had at six per cent aud 1rst class four
months endorsed paper goes At eight without difficulty.
LOADS made few days since at not disturbed
for If the banks make money easier again this week. the
outflow Of specie will very quickly oblge them renew
the contraction after the next statement.
Exchange continues exceedingly dull we quote sterling
bills bankersD at 1929 1lo1s for sixty days. and 11os
for sight; the leading drawers asking higher
rates than these but very little business is done above
figures On Saturday the steamers will probably take
out at least three-quarters OF million, and this
may exceeded since arrival Of the Star OF
The West this evening
There trfe more activity In stocks TO- day, and
in instances higher prices realized. SIEVE.
may lead to q more active time in the stock
market. The long expected increase in the earn
ngs Of the railroads is being felt at last.
During the first week in August the Galena only fell some
81 200 below last year. and the Toledo only $780, the
Rock Island, It s believed, took much money last
year. the Michigan Southern and Illinois Central agents
report the commencement Of an active movement in
grain The new condition OF the Erie and the prospect
Of reorganization a basis, are likely TO open a
field for speculation. any scaling process adopted
and to be in the power of the stockholders 10
compel the fourth mortgage and unsecured creditors TO
submit TO an apparent sacrdce- is evident that both
mand higher price than that now ruling. The stock
was steady day at the last quotation the mortgage
bonds were generally in better demand Pacific Mail
higher to-day, but fell of after advancing to 70. Nothing
is known by Commodore Vanderbilt with regard 70
the rumored compromise between himself and the
company. In reply to an inquiry as TO whether
II was true that he had become the owner Of the
Adriatc he demanded Of his questoner whether he
taken for lunatcP 1t s, therefore, not probable that
that fine ship yet passed out Of the hands Of her new
The advance in Pacific Mail s probably due TO
unexpected demand for Stock from what source the
public are left to conjecture. New York Central
freely sold time by the BEARS the price Of the cash
stock closed at 6e's bd-about the yesterday.
Hudson River is rather better the shorts in this stock
must take The business Of the road improving
and the party who expected to sell out his Hudson
in consequence Of the decline in Cumberland said TO
have intention Of parting with his property within $40
SIS Of the present price per share Toledo advanced
to Is, fell back TO Tx and closed at that bid. We are
informed officially, that the earnings Of June July and
the first week in August this road Sill 47O
against SIZE, 1893 for same time last year, and that
the working expenses this year much less than
despatch from the Superintendent states that .
freight train was put this week. There is nothing do
ing in the coal stocks. Mr. Could the President Of the
Cumberland Coal has resigned the objects for which he
consented 70 take the Office having been achieved
In the afternoon the market was inactive, and
stocks closed dull ct the following quotations
6's, o2E X; Missouri 6's, s2I III Canton, II u;
Cumberland Coal, 12x q q; Pacific Nail, TX x; New
York Central, es% Vi Erie, ~ as; Hudson kiver ~
a 4; Harlem, a u; do. preferred, 81 4; kesane'
422 49, Michigan Central, Al NJ Michigan southern
and Northern Indiana, 6k Il; do guaranteed, ~ "a
Panama, 1l4X lI6; Illinois Central, oSh ~ eaena
and chicago ssL Y: Cleveland and Toledo, l7a q;
chicago and Rock Island, eo1 u Illinois Central rs,
s4has6
ne pank of Louisiana has declared semi annual dvi
md of five per cea and extra dividend Of Eve per
both payable to the New York stockholders at the