The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-05-25

gentlemen protect their drafts, they are bound
in law and In honor do, tho old and highly respected
house Of Rargous Brothers IN shortly be enabled to
sumo. Their liabilities are nominal, and their nd
viduai creditors understood to DO secured Their
troubles solely from their oounecos with the
Tehuantepec Company. We hear that aid this
ing by leading bank president TO W. p HArgoas
who however, with very honorable feeling, declined it.
The Mexican firm is not involved Ia this dEaster and
will not suspend.
The stock market continues duh and insnimate though
as general rule prices somewhat better than yeser
day The late depression in State stocks ed this morn
ing, 10 some orders for investment. Tho demand for
Tennessees Mssours quite active at advance.
There very ltto done in bonds; Illinois bonds are
again lower The most active stock among the railroads
was Chicago and Rock Island which worked In favor Of
the bears the price receng the first board to g. and
closing At 8 bid in the afternoon The sellers Of this
stock have suffered severely Of late that slight
actics is due to them The Michigan shares very
quiet Southern preferred shade better the Central
not quite strong These roads, happy 10 learn
have agreed upon remuncrave rates for business going
East; Mr.. Rishmond and Mr. Thomson agree 10
end their dispute the Western fares will likewise BIO
raised New York Central opened rather better to-day
AZ the first board the price TAX; at the second tho
stock sold at 7lZ and closed at 70 bid corres
pondence still going between the friends OF the four
roads, and hopes entertained that the absolute
sity Of ending the present foolish competition will pre-
sently to the managers fhe official report OF the
April earnings Of the Central has been published and
follows
April, 1858. 1858 424 70
Decresse. ..$lSl 727 80
The statement TO which alluded yesterday, and
which showed falling of equal TO s22b, Ooo spps-
renty fabricated for stock obbng purposes Coal
steady The Cumberland Company have advces that
the Chesapeake Canal again in ORDER aud that boats
plying on it. The judgment in Maryland, Of which we
give memorandum elsewhere, foreshadOws q satsfsc-
tory issue TO the litigation which this
involved. Bank shares in demand. Panama
stronger, In consequence OF rumors that the embar
rassments Of Nessrs Hargous would interfere with
the Tehuantepec route. Pacific Mail rather
higher, the report. In the afternoon the mar
ket was unsettled, uneasy feeling prevail
ing. Stocks clesed dull at tho following pFces:-
Missours. ssx sSX vhginias, 0sx ok; Canton,
49, Cumberland preferred, ITO; New York Central, TIA
TN Erie, * *; Harlem, leH Tx; Harlem prefer
red, 81 374; Hudson, SIX SlK; Reading, A 442s
Michigan Central, AK AK; Michigan Southern, e1l
10; Michigan preferred, 49,. 32]l; Panama, ll7x
llsK Illinois Central, So 651 Galepa, S3h 6s4 To-
ledo, 2791 FIX; Rock Island, SIX SIX; Illinois Cen
trail bonds, Tx 7sk; Pacific Mail, 70 1871
The following the business Of the Sub Treasury TO-
day
-rof w
Tota payments. .....................1 76,lO6 %
balance.. ZIoOS9 02
The exchanges at the Bank Clearing House this
ing we're $23 0l3 1876, and the balances 81 49, ,904.
Want Of space yesterday compelled VA to omit the ba-
lance sheet Of tho Pacific Mail Steamship Company,
which ID in brief as follows
ASSETS
Cash in hand. $3.50 1888 81
Reserved fund for insurance ........... 30o 1857 81
Coal hand e. 470434 OO
Outfits and supplies Observation-Disclosures. 129l49 80
Stock OF the company hand .......... Ill 800 20
Due by the United States government. .... 100000 O0
Steamboats, machinery Recommendations 1888 20
Real estate. AIT l27 81
Cash at San Francisco, &c............... 64a50 rs
Total assets 1858 1902 48
uABIIIrIB
SAptal w
Surplus. 81 302 ,S02 10