The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-08-19

fenpsJlvaba Ce1Nai y. c. LEI mort. 1880, S9 81
hesss. Barring Brothers quote bar silver al Sc 21Sd.
76s 51sd.
sat;erthwaite says
The transactions during The pas; week in American se
ep'hhs have been O. m III mpostaot character anl
dIed chiefly 10 ui ctsses q be vasius STATE aogs aId
The best class of railroad bonds There has been good
ioqury for Illinois construction bonds from SO 20 ST.
Shares remain esd! at "a to SO, scarcely bargain IL
tgetn beug recorded.
Colsos ciose s5js TO money and account
xessrs. Barring Brothers write
In American stocks there is DO marked var's.ion but
come demand Tor State stocks, which t.my hels
United Sateg az buSers ana selers y. 0S Psn6syya
MA certificates so ST. bor4s S3 81 Iuaie dong in
Colonial securities at the advanced price Of l12 iI2
Canada, and l0s for Neva Scotis aud New Bruno
halfway thsreI aud bouds without movement
leading circular says, respecting eIeadstuls:--
Harvesting Progressing accom- panied by fine wea her
TIE excessive best Which bad will most probably
be found to have injured the quantity well Qua
my oil the crop, botn here and IN different parts
Continent. Pflces are IL consequence we'll supported
There are sore complaints az to TIE early crop posa
toes, but tbs seems 10 be meter coures tbs
riod oil the season.
The exchange business has hardly opened for Satur
days vessels; very few bills have thus far been sold
The correspondents Of the Rothscnds continue to hold
1lo llc5s; these rates are, however, above the
ket The Saturdays steamers will take pretty large
amount OF specie; how much it IL yet too to say
Money 10 working very easily today. Call loans are
generally made 1t per cent and good paper is easily
taken At shade below the rates heretofore ruling The
opinion gains ground that the banks will Only pursue
cautious conservative policy for the next thirty or forty
days. there need be no apprehension Of trouble among
the merchants In October.
The Improvement in the stock market is well sustained
There not much business done to day. but the lead
ing speculative stocks rather higher than yesterday
and there seemed to be disposition to buy them.
New York Central freely taken advance OF per
cert; il s Ead that the Albany interest il buying The
advance in the Weatern shares equal 10 = 4 per
cent Toledo rose per cent. Harlem preferred
aso higher, and in good demand, All tDat Eecns 10 BE-
wanted to quite active time in the stock market
il s5vces OF an improvement IN the earnings of the rail
rolds.
There quite desire 70 bay both among the street
speculetors the outsiders; and there Ia powerful
bear party which would give steadinaes and strength 10
rising market But it lie hardly edfe TO Calculate OIL
any considerable advance before railroad traffic
Ia the afternoon the market rather stronger with
moderate activity aud stocks closed frm at follow
ing quotstons;-Tennessses, 81 al Missorrir, sz3s
Il; New York Central TX q; Erie, 8; Harlem, ossa
z; do. preferred, 1914 u; Hudson River S214 H
Reading 1914 "a Michigan Central, AK 43; Nlchi.
gan Southern ard Northern IndaDa, 6H Z DO prefer
red, 2l7s 90 Panama, l15; limos Central, ei1z 65
Gslcna and Chicago, sl co. Cleveland aud Toledo, %
q Il; Chicago sno Rock leland, e2ha1
The committee In the case between brokers 70 which
we referred yesterday reported today to the Board ths
they could not recommend any interference in the trans
action, and their recoft unanimously accepted and
ratified. The facts Of the case we're very simple An
outsider whom We may cal 4. Z bought stock OF bro
ker, member OF the Board time contract. After
shor interval, A. directed the broker 10 deliver the
stock 10 two members Of the 6oord whom he gave up
bis principals in the transaction. Before any delivery
vas made however, B went to the broker, counter
nsnded his request 10 deliver to the two members he had
named and desired him 10 deliver the stock third
party an outsider A. B. thus evidently became the real
principal in the raneaaou and the broker viewing tho
case N ths light, retained in his hands portion Of the
profit IN the stocx sbicb h.d risen since the sale) 70
cset GAVIN he had agaos. A. D. The Latter appealed "
the Board. which az above stsed tls norDiug refused
TO interfere on his babaig
We had occ asn u Monday s. TO sxress regret thas
WINE me banks az a body pursuipg prudent and
conservative ccuse, one Of oast among tnemtns
-@lfa !tin BnssLo,ld be ~ u Wash, sdalsssrei -
~ iose tzo,Gc d sQsoS IL Hue2 wasc, rsaacing ils
loans IN propotoo Toe 16lcers OF the Hanna.au ssnk
arc anTilrs TO se undei te iuru,aon Of pSing Uspx