The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-08-13
FINANCIAL AND COMMERCIAL.
FRIDAY, AuRust l2--6P.

10 4 thoae who TO lend ind Themselves obleed 70
be content with those who borrow are compelled
TO pay T. The rates paper do vary materially from
our lest quotations.
Exchange on Europe for Saturdays cleaners Is very
dull The correspondents Of the Ro.hschilds ask liOa
lees ll6 for 90 day sterling bills and 1865 for sight bills
but at these rsses there buyers For
nercia bills lo9H is asked Next week, in all probs
b.lty, the demand fer bankers exchange wn revive
though the heavy shipments Europe must have paid of
more Of our ndebse than usual this The
rrva! Of the California last evening with
u 100000 IN god and Of the Quaker City to-day, with
s636l. IN silver, viii swell the remittance 10 Europe by
the two steamers Of 70 semehtng ike 81 200
eco 8, 100000, nery half of which will be silver.
The import OF dry goods for tie week, the details OF
which viii oe found oeo~ Y, indicates that have pro
baby passed the climax of the fsa importation rne in
port entry for the week does differ materially frc1
that Of the corresponding week OF 1867; will also be
noticed ;ha. tbs time LAST year the import vas heavy
We may expectEeom this time cut that 1858 will gain on
1859 Both the importers and the Sep Treasury look for
pretty sharp ocuraction OF Imports IN or SO; I.
70 be hoped that the event will justify the expectation
stocks were better to-day. There acre life in the
market TIE causes to which We alluded yes,eri lay
nsne'y, tie improvement in rairo sd trac aad the reco
very OF mems minds f. ON dspree Won Of the spring
appear 10 be Inducing rome new buyers TO enter the
market The business done to day was the largest we
have teen for some days, and r left OF quite drm a.
the advance. AS usual, the Eact prominent Of tie
speculative stocks Central, which closed ut
an advance OF per cent: The reduction of the August
dividend from 70 per cent appears strike the pubic
favorably indication Of sound management Daring
the next sx months the managers look for business tina,
VII yield over per cent profit. Ere stesdy day
the oords we're trmer Inc new receiver, it is under
ST. Cd, will take possession On Monday. Hudson River
as WAS 20 be expected has rallied the a:e dep,es
SION it WAS held 81 a. the close. We understand tina,
some new measures foo: which VIII probably lead
10 further reduction Of exp this road Rock
Island advanced u cent, closing very strong Gaeua
was q higher; Michigan guaranteed * Toledo l, and
other stocks IN proportion. AS the public are
satisfied kat the decline in railroad traffic stopped
il will be safe to look for an advance In the
stock Of all railroads which are understood TO BE-
pruden:ly and economically administered. Pacific Mail
fell OF Il per cent today, ceiling low ga, seller
sixty The an aouncement Of the Comm otores continued
sanity appeared TO afiec, II unfsvorably Panama was
higher the business Of the road steadily on the in
crease In the afternoon the market pretty active
and stocks closed frm at the
States SIS, 1874, lolhsA Tennessee s's s6k as7;
Virginia 6's, e21s Y Missouri 6's, 1921 x Canton
Company, tx Cumberland Coal, 1879 q Pacific
MAIL 76A u New York Central Railroad, 7O16 4;
Erie Railroad, d Hudson River Railroad, 3oI 81;
Esrlem Railroad, ga u Harlem Railroad preferred
aia' q Reading Railroad 434 q Michigan Central,
| Ala q Michigan Southern and Northern Indiana,
| 6az Michigan Southern and Northern Indiana guar
anteed, 2o1s x Panama, 1l6 E Il Illinois Central,
| $50 ae4; Gaena and Chicago 81 d Cleveland and
Toledo, ls1s u Chicago and Rock leland, 6l%s1;
Illinois Central rs, s41a IS.
The business Of the sublreSsury to day vas &c fol.
| lows
Total receipts. ACKNOWLEDGEMENTS. $230,i25 40
-ror Cus!ohs. 173O00 90
Total Total payments Is7 SO IS
Balance ......... 1850 1872 81
The sionington Railroad received in July S24, 1855
agans $40 1897 month last year. The first week Of
August on the Psburg, Fort Wayne and Chicago shows
$29 The receipts of the line the Pacific Rail
road in July s42,69e increase of 1880 over
July, 1858.
The receipts of the New Haven, New London ana
Stonpgton road were
1888 40
increase: $3,7s9 80
extension road. ..........,.,... $500 90
Increase. ....... 81, 2e9 50
The following statemen. of tolls received On the
State canal Up to this MONTH compared with those Of las
| year
Tolls received first week in August, 1859 IS, an SO
l. 1906 ...s.. 696l5 %
1
Decrease in 1880. is ,40i 09
! Tols received from opening Of navigation 70
and including fret week IN August, 1862. 1877 525 90
Do, 1885,. Observation-Disclosures. 98i,746 20
Decrease in 1852. 22i 20
We learn that in the against the Covngton and
Lexington Railroad Company, praying for decree Of fore
closure under the first and second mortgages the Circuit
Court for Fayette county Kentucky has decided all the
material points a. Issue favor the oondhoders order
ing sale OF the road and fully sustaining the validity Of
the drst and second mortgages The road Il is said vii
cell for BUM more than sufficient 70 discharge the two
first mortgages.
The exchanges at the Bank Clearing House this morning
were sl4, ee7 ,2s4 80, and the balances s725 24l a.
The receipts Of the Baltimore and Ohio Railroad for tie
month Of July, 1859, were As follows
Main stem. Wash Br. ". W. Va. Total
Paesengers... s69eS2 $26 467 s2,l79 sss62a
Tonnage........ 207 ,2s6 6472 $685. Z223lI
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