The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-11-27
FINANCIAL AND COMMERCIAL

The steamer New York sailed To day for Bremen,
taking only 5000 in specie. The line favorite
ono with shippers and at the present rates Of exchange
the leading drawers cannot well afford cover with
mttanoes OF gold. The exchange market closed quite
fat. In motley there - no change 70 note
There was quito exciting time on the Stock Ex
change today, and business transacted than has
been the Gaze for come time. Tho active movement In
Panama and Pacific Mail has evidently been contagious
and today Central and the Western shares participated in
the advance Pacific Nail continues however, to be the
leading stock Of the market. opened this morning At
o. rose 70 IS, a. which point there sales lead
ng operator then In and sold 1000 shares short
hammcring the price down 70 Soy From this II rallied
70 81 sold in the afternoon at &c. and the stock being
freely offered on sellers option closed 90 bid. seems
universally understood that nothing now remains for
the completion Of the compromise between Vanderbilt
and the company but the arrangement Of some details
Panama receded to day-proving with Illinois Central,
which fell on 5s) the only exceptions the general
ket The decline in Panams is probably due to some ap
pfehenson lest tho arrangement between the Pacific
Mail and the Commodore should initiate against the in
erests Of the road New York Central which has been
so long steady at about So started up yesterday and ad
vanced per cent today the advance equal per
cent the stock closing at s2 bid All the Western shares
except Illinois Central, advanced from to per cent
Rock Island sold the middle Of the day 65 closing
66h bid Galena, which very sharply hammered by the
bear interest advanced fraction, closing 70 bid Mch
gan Southern guaranteed advanced n per cent, clos
ing 19t4 bid. HUDSON River steady at the
late advance The Erie securities continue 10 rise 53h
paid for fourth mortgage bonds to-day the first sold
at o. The business in State stocks and bonds quite
extensive, and prices well sustained In the after
the market very active and stocks closed firm
at the following quotatons;-Missour 8s, s4% x; Viz
ginia 6s, 93sS u; Canton, Tx Is; Cumberland Coal
preferred Is H. Pacific Mail Steamship, Ss \; New
York Central, s22s y; Erie, l0k x; Hudson River,
4l& AZ; Harlem, 10 S; do. preferred, 1864 ST.
Reading 39x 40 Michigan Central, 413s III Michigan
Southern and Northern Indiana, ~ s; do. guaranteed
1914 II; Panama, 1914 a 4; Illinois Central 574
5sh Galeua and Chicago IS x; Cleveland and Toledo
2lh a Il; Chicago and Rock Island, 65SaH.
The following the business of the Sub Treasury to-
day
Total receipts. $2e7,7s7 81
mfor customs 1Soo0 w
Ioia pay ments $40 10
Treasury notes received for customs during
inc week. Observation-Disclosures. 1851 90
The exchanges at the Bank Clearing House this morning
s2i 1857 4so %. and the balances 81 s7s 49,
The Hartford Press notices the failure of Pratt Bros &
Co.. Of Deep River c. II said that eighty cents on the
dollar will be paid.
The Commissioners OF the Canal Fund, at Albany, met
this morning, and resolved 20 advertise for loan of
and one half millions Of dollars pay the floating debt
o: the State The advertisement both at
FIVE and SIX per cent.
The awards to be made the Goth Of December,
and the bids paid the oath The stock is TO redeem
able In six, twelve and eighteen years They also
solved to the payment Of the floating debt
the 25th OF December.
The following the OF coal delivered by tho
two leading lines during the week ending Nov "a and for