The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-06-11

FRIDAY, June lo--G P. NJ.
il s understood to day that the -four great lines OF rail
hctwten the scabosrd the West have arranged
he tesis Of ssreeG,eut to fares and fregas
Thele set remain matters det. adjusted:
but the general principles OF the sst.emsp. acql,
esced in by All parties, il rot lse'y that any seroas
difference Of opinion grow out OF MINOR questions
The rates 10 be fixed viii, understood, be fairly
nunerstFe, aud bushes will be al owed 20 seek It's
rel channels.
Toe ooEi Of The quarrel thus ternnnsed is the beg
suarautee for the psrmanence of the present settlement
Few railroad managers will have the courage " under
take 90 the game OF suicidal competition In view
Ct tie losses shich The late two months aga,
have Involved and Of lie Hde spread nischef they
occasoued. Not Only have the -four great roads thea
solves b0eu running, II Dot at loss, T.. least vita
out proht bus all their connexions Els. and West
have, uncer the system OF "prors,ing' now
in vogue, shared their sacriaces Roads in Ohio
i1diara, Illinois Michigan, and even in New England
have loaf money u Consequence OF the cenf.. ADD
ii0nal dscr,d has been thfo~n upou the railway sys
tem and ,hs natural recovery Of the railroad ie,-rest
from the cris's Of 1857 mas been retarded Tae naua
OF traffic has been dis,uTbed goods despatched
from New York to Memphis, Tennessee, have Travelled
ever the Nev York Cet rsl while other goods dec.
The cessation Of this uueauru OF things and the
restoration Of prices scale which, While far 20 the
public VIII enable sne railroads 10 moderate dvi-
dents VIII naturally exercise favorable Influence over
our 6nsrcai msrke's
lis tfec' feil ii The stock market today Nes
York Central and sever oher STOCKS freely taken
by toe brokers ana substantial advsOce In prices
realized The ststes job9ers, Fho have been nAxog
money ocL Of the conflict stl veey saort OF ali she
leading railway sucks the demand tor stocks 10 fun,
her contracts will s,efaly assist pricea ia the egen
81 az upSare movement New York Central opened to
tsy ~ sboaI '53 advanced TO 75ys reacted To 1888
ccetd at 7sh bin lite managers, who have been in
town for s0m Gays, cZ9ress cOslen opinions reia,io
10 Angosl dividend, vitustandng ths very large
falling on il nings All the Western stocks wcre be
'r carecialy Michigan Southern, which advanced q PER
sent Rock Island inactive, but steady yesterGaye
hiehss, prize. Harl,rn preferred Reading xere both
sctye a. advance. State stocks and ran way bonds
Verc demand ct rather higher shan thoe
yet rcay. Panama has recovered to mex; Pacific Nail
r 0Ser again TIE ket cofed steady al the following
rates. Missouri Per cent sax q Cantor Campsny ~
= ctmber ard Deal CompAus preferred, 17s 49, PA2fc
Nad Steamship Company, 81 ~ New York CellrA
bairosd 1879 q Erie Railroad 4 \, Hacsoa River
RsrCsd SlHa 4; Harlem Railroad, 10 no. Readog Esl
Ioao, 5s14 q; sobigsn Central Railroad, AZ u schi
san souhein aud Nostnern odnns Railroad ga y; sli
bsn souttern snd Nor.lerD iodlara Railroad guaraa
te-d, 3rK a q; Panama RlilToss, iis1{ ue; lDnos
Cent ii RAILROAD, to! 81; Gaeoa and Chicago RaroAd
e3K II; Cev l1nd and Toledo Railroa' 255< 25j5;
chicago aud RccS Isistd Railroad, 5q3z q x
The money mnrge, is without chspge Exchange dun
The steamer New York win take out HON 100000 10
$soOCoo K specie
rbe husntss Of the Sub Treasury was ss follows:
iosi reeeipFs. sla7,h3l 5s
or tis tAJl
-, w. ' ~, . - o
balA1oe 3oti"A ~
lie sxchsogea At the BsuS Gearing House this morn
pg ST. 544 Goa 90 aud the balances slI447d3 u
Io reference money matters al Baltimore, tie amer
can there says
3ouey c5luoues in fair supply but capitalists show lass
tCr % ilgtst tb1n tufy old some ~eesS
gIirs security o. uLdol ID character Taper Of
ust o'sss IS difficult - ieFouation, either AZ
ttesueei fe days ginos the heavy Hbich pre-.
VISITED bore am elsewbsre throughout the country aod
severe ta rfos, which nave Injured zoe eDcai mary
tdC s., caused ser app ehenuns thst there NH b.
partial iaiaIe Of the crops This causing consie
rtoe ffsr std Lhhl ccrt ar ady calcuiatieg
10 orithous results - Inc money nafket fof stgfr-
GAYS past however, more favorable cnAnee has taken
pace ~ -i' weaver 70 hls foh, as Vca 8 e3a mere
ana ite c-aiois u 40 dart hHve2t sre therefore
much encouraging. Until some de1n % idea
may be formed IS 10 TIE penoing csope monetary GArs
must remain Unsettled ana pusinees Of every kidd viii
continue dull.
The Philadelphia Le7ger in noticing the recent heavy
delline in Reading stocE rernarxs;-
Toe gfeas aing Oh the price OF this stock fails With
more har ps1al severity On Philadelphia rae ageouia
ZION IL 1t has always divided pet~ecu the
orers'os here ane al 'ew York reu6ray the ogses
and eans have ben pretty equally shared between the
tNo Ctes ths ume i is believed the New YerSers have
escaped 9Th corps stvey lutte loft gbte the phldei
rnans 0rc understood 20 be beayi loaded with II When
u " remembered that much of tals socl came l IN
lssFessoD Of hoi6ers at 25 ana is now 1or,n
nti y lo The loss II viii ne be very heavy
One individual liz reported hold ~ 600 shsres ana
most 81 the brokers and OUTSIDE 1osers greater Or ese
amount O.e Of or banks IL SID 10 hold largely
!aterf and more o them may he IN the Ole
condition. II This should prove true, and they shoud
ever lose something they will little OF the eym
paiay o the public for 1t s part of business of
banking 70 take part in IN the opst Indirect way foster
and encourage spscpllon ard least OF Ill, isosy s)ck
speculation That stock dealers Of the smaller cl s
DO driven 70 Tie sal by he adverse tarn in tue
neset is not surpisDg and como Of larger opsra
bold to the end OF the present do tende6oy
they VIII probably he fortunate The company Is doing
sood buenes- "a its monthly statements snow ols'
ard statements Of little avail against comb ma
ton Of oeaeTs vhc seek profit from their gambling
actions IN he shares.
The Caicago PreSS ard Tribune, in aiudiDg 10 The lac
frost, reuarks;--
1ne injury the growing crops, by the frost Friday
rgnt, has, without doubt, been greatly exaggerated
Frost 10 June IS in this latitude uu1soa, that &c do
not oopder uon ~ occurs, tha II sends shiser OF lea
oon INTO the boots Of every farmer that has green field
exposed to lie Dung oucn. IL wil Do found tase II
tat Tie wheat has sucred little damage and that tn
CON, hot GA blaeltened by the toucn Of fce viii 10
ie" daya resume lite healthy color and rapid growth
snail! soon know tbe
The May earnings OF the Brooklyn City Railroad
were .stlt9lt %
Eay, 34,27s
increase g.
Stock Exchange.
Friday. june 10, 1859.
$4,000 G's, IA. 1oi 100 s1s NYCenRa $50 7Sjs
10000 TEN es, 90. 800 $50 do y. BIO 72sl