The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-05-30
PRICES AND SALES OF STOCKS IN NEW YORK
a
The New York Post of Saturday afternoon sa,

There is general reaction in the Stock Market to-day
and the feeling at the close heavy with better supply
of cash stock in the The Bears take
this circumstance by putting with
freedom The opening prices fully sustained the highest
quotations of yesterday but business progressed the
bidding fell OIL on most Of the speculative shares, the
heaviest fall taking place in Rock Island, which is per
cent below last evenings prices. 1t has been charace-
rstc OF the market recently for prices to undergo
material rise between the Boards just in proportion
the Bears find cash certificates Of several stocks
ior delivery The same may be the case to-day. Pacific
Mail is per cent down. The State stocks and
the miscellaneous securities well held full prices
Erie bonds however show improvement, Illinois
Central Sevens are y per cent lower.
LISA significant well gratifying circumstance
that the money market is free from anxiety, the
dnary gold shipments exciting nothing more than in
creased caution and closer observation curren of
affairs. The demand for money for temporary use is
rather slack and the stock brokers find no icuty in
supplying themselves 5d5H and per cent on good
colateras The inquiry at bank is however quite ac
tive though by means pressing The bill brokers do
not compete with the banks actively hitherto and
per cent is now very generally the ruling for all
good notes running say into September thereabouts
few transactions take place in short prime bills
o96H per cent.
The banks will close business to day it is supposed
with about 81 OOOOOO IN specie on hand which is as ia
Yorable be expected The opinion in the street
with respect to the average Monday
upon S24 100000, though putt as low S2 900
As there of arriving the precise amount
received from the interior through the channels
thls, OF course Is in a great measure conjecture.
The shipments of bullion day Europe by the three
steamers-Arago, Vigo, and Weser, up 81 O37 1872
which is rather less than anticipated in quar-
ters. The shipments by the Boston steamer on Wencs
day and the Vanderbilt Saturday will be awaited with
much interest the probability of the drain dscOntinu
ing soon may then be determined with more certainty
The ubrreasury has dsbursed during the about
S750O0O its receipts. The purchasers the Trea
sury notes will mmence to-day make their deposits
in exchange for them.
There is much complaint made by the owners of the old
issue Sacramento bonds, of which a large amount
were forwarded in compliance with the law requiring
them to be to Sacramento prior to June 1Sg
Tor refunding at the delay in getting the bonds
the old. The act requiring this deemed by the hold
es rqutous enough but the action of the
in tha oh nri,;oI
have ever been cognzan Of This gentleman cody tells
applicants for their bonds, that there is nothing in the
law that compels him TO issue the city bonds but
that parties paying him from quarter to half per
cent will get theirs first, and he thinks he will
have time to issue to the parties who do pay him.
The law 1.-The cause to be prepared
suitable bonds of the county of and city of Sacramento
&c &c 1t IS true says nothing about delivering them
after they are prepared but the treasurer might well
undertake to appropriate the whole of them
individual use as to tempt eXtort from their owners
fees to which he is entitled law or equity
and If he is capable of doing the work imposed upon
him many competent persons can doubt, be found TO
undertake IT. and relieve the owners of the bonds within
reasonable time.
CoTroN.-The market at New York has been quiet for
the past few days business being kept in check by
settled state of the Liverpool market dealers are
waiting later news to the effect in Liverpool of the
heavy imports when offered for sale The southern mar
kets have been similarly affected and quietly after
fair weeks business Mddling uplands the spot to-
day nominally worth lie being previous
to the City of Batimore news and strict middlng New
Orleans, in transit, with 7-l6d. freight lie
The annexed article from the Milwaukee Free Demo
crd of the 25th inst advising change 10 the corporate
of the notorious La Crosse Company will surprise
only those creditors of the concern who are not familiar
with the fraud and Misrepresentation which marked
the existence Of the Third Mortgage This mortgage is
most convenient instrument in the hands of the old Board
for inerfer ing with the direction Just elected 1t
Will be interesting to mark the progress of the
between the two interests Sharp legislation may be
pected
"La Crosse" is dead. The La Crosse and Milwaukee
Railroad Company, after unparalleled in the his
tory of railroad management in this country,
expired having been sold under the third mortgage
and bid in by William Barnes the for the bond.
holders, at the sum Of one million five hundred and nine
tythree thousand three hundred and thirty three dollars
and thirty cents. So in pursuance of an
act OF the legislature passed for this purpose the last
session We regret that the stockholders
PEELED to lose their stock but understand largest
share has been purchased by brokers and SPECTATORS
at less than per cent, or at mere nominal prices The
sacrifice of stock to the large of mortgage and
floating debt has long been unavoidable necessity and
only question of time. The old corporation has been
really dying the revulsion 1857 and its
cayng carcass had become stencil nostrs the
people and the State weioice TO see decentv bnred
Mr. Barnes the purchaser and the third mortgage bond
holders, yesterday organized company according
to the laws of this State and filed their harter at Nad
son. under the corporate of the Milwauke
nesota Railroad Company" and elected Board Drec
tors, whose names appear elsewhere.
We hope now that some mutually satisfactory
ment can be made with Mr. Chamberlain the lessee by
which the new company take possession of the road
as the divorce existing between the railroad itself
and the corporation cannot but be of great disadvantage
to both parties
The farm mortgagers of the old company who mort
gagged their homeseads at critical period in the affairs
of the company the completion road have
Deen nDeraly provided for by the organization, and
about oneourth Of the stock. This provision was
made for the farmers in satisfaction of the agreement
the La Crosse Company pay the the farm
mortgages negotiated and sold by the company.
The Tribune of Saturday says:
We understand that the representatives of the Penn
sylvania Central and New York Central have gone
home without concluding any arrangement
rates On the contrary, the of first class freight
to Cincinnati have been reduced 10 per 100 b. 65
cents.
The Sub Treasurer has sold few more per cent Treasu
ury Notes but they do not very freely Tee Secreta
ry however, does not need money long maured
notes are not presented for redemption.
Inc following is comparative statement of the Imports
OF Foreign Dry Goods New the week and since
Jan. l:
For the loeek. 1857 1883 1880
Entered at the port. SS2S S553Ol2 81 ee3 e63
Thrown on MARKET. S44,49l 5s3,322 17s7, ,o75
Since Jan. l.
Entered at the port SAL 1877 Sl s1927 sss $40 ele
Thrown market. 3S 22237 "A 40S, ,2O5 AZ 1872 02s
The Journal Of Commerce says:
Land warrants active, and we revise our quo
tatons:
Buy. Sell.
40 acre Warrants, per acre .... $1.C0 Sl.l0
80 acre Warrants. IS SO