The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-07
FINANCIAL AND COMMERCIAL

| TUESDAY Sept. 6-6PM
The stock market continues extremely active and prices
continue to advance. The amount Of business done this
morning considerable larger than Yesterday
struggle to have had considerable effect in mpar
ing courage to buyers Of stocks or the unortu
nate operators who sold Michigan guaranteed at % a @
the strength Of the strike bought yesterday AT
q % for delivery nghily Disguised and vent their
spleen in some instances with fervor than justice or
good taste These spectators have long ruled Wall
street. and knocked about property they pleased that
they seem quite outraged when man presumes to pro-
tect his interest and to buy few hundred shares for
ash The lesson they received yesterday will not proba
bly, be the last of its kind before this fall ends il is likely
mat few of them VIII have disgorgc their gains of
INC srrn and Guaranteed sold c,r
ing today as a. these prices brought in orders and
the price rose to 25 itclosed the afternoon at bid
Central was in active demand for Albany account apr
rently the price advanced per cent The distinguished
foreign house which lately parted with its 70 mad
better it seems, have waited day or two. Rock Island
freely sold at 20; this road will probably pay div
dend in November. Hudson EvG higher. AS this
road increased its earnings while all the other roads we're
falling of, is expected that It's increase, that in
creased earnings the rule, will be very large In
October effort will be made to devise disposition
Of the small floating debt which will enable dividend to
be paid next year Bonds and State stocks are all better
There is good country demand for the latter Michigan
Southern bonds are sold daily at very low prices by
parties who purchase bond or two and sell to con
fedcrae, in ORDER by making low quotation to affect
the price Of the stock As questions the roads
capacity to earn its interest ts whole bonded debt is only
about SO the trick enables parties purchase
bonds at cheap rate In The afternoon the market was
fraction lower, and stocks closed weak at the following
quotations -Msscnrs, SAX So; Canton, TX 1917:
Cumberland Coal, lax Is; Pacific MAIL s4% 49, New
York Central, 77H IS; Eric, ii Hudson River SO
"a Harlem, 10 "a; Reading, A "a Michigan Central
46a Al; Michigan Southern, x; do. guaranteed 24L
y; Panama, ll71s lis; Illinois Central 67h es.
Gaena and Chicago, 10 4; Cleveland and Toledo 2s5
"a; Chicago and Rock Island, 60 a
Money continues very easy We quote call loans q
per cent, with most transactions at 555 g. The hes,
short paper goes at ga 4 long paper first class two
names q second class, TO- Exchange is dull Int tho
price does not vary We quote sterling sixty ay bills NJ
HOB, but many excellent bills are sold at ITO France
sell at 5l3a. The steamer from Boston to morrow vii,
take no specie from hence of about 81 200 Ooo ,v,
go in the Cnnard steamer Etna which sails direct row
this port and there will probably be heavy Simmer, a.
Saturday.
The following the business Of the Sinh. rreosrr,
to-day
For customs s2ol 5a4 90
Total nayn,a,,s $1,000 90
paarai 10y e"'9 23O441 80
.''''''...'...... S19905 70
Inc exchanges at the Bank Clearing House this morning
were 81 $50 SO, and the balances 50 s4o454 49,
Inc Jefferson Insurance Company has declared semi.
annual dividend Of three dollars per share equal to ten
per cent, payable on demand
we understand that the steamer from California brings
s2l32o0o not 81 200 eco as tclegraphed