The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-02-13
FINANCIAL AND CONNER CiAL..

SATURDAY, Feb 12--6 P. NJ
Tne steamship Kangaroo which sailed for Europe
day, took out SILT ,l6 in specie freight Foreign ex
change continues 10 far demand previous bank
asking io94 for sterling and 5I21s for francs.
Money has been rather more in demand oday.
The stock market presents the ususal picture OF stgua
ton few of the speouiatye jobbers are cudeavorng
to get up speculation IN OF the railroad stocks To
day they succeeded causing New York Central and
Or two other stocks TO advance 4 "a bat they
trely unailed ~ lbe public. Prudent outsiders
awaiting themselves Of the preent time rather 10 sell than
TO buy. In few weeks money will be much better TO
hold than ftocks Tnose who discern this will lose
no time IN adding their Quota Of stock to the load
riod by The street. TIE only movement worth recording
In the stock transactions OF the day was the advance
Pacific Mail which closes this 79-ap advance
Of per cent YESTERDAY cosng price, No special
cause assigned for the change. If the conpeuy have
resolved TO buy up their stock they have done
wise tbirgso unwise in fact that It Ia Incredible they
should have done Is carrsnt in the street
in connection With rather active demand this morning
for the old Nicaragua Transit stock, that certain parties
wfo were connected both with the Old Transit Company
and the Pacific Mai have determined to proceed against
the Commodore 10 account from him Of the pro
petty OF the Transit Company, by new and hitherto
| uninterrupted process SO many Of these
are aioat that they only deserve repetition part
| Of the gossip Of the street, which induces idle
Spectators 10 buy and to SELL sight advance in
the price Of government AYES will be noticed The parties
who bought at l021 and paid their twenty odd days
teret are naturally very DESTROYS that the stock sho AID
rise 10 point which will enable them to sell out without
loss The market was steady 1T the cose The closing
prices Of the day were-assour per cent, SAX 81
Canton Company, oA 2t}s; Cumberland Coal Company
PREFERRED 2z1l 221s Pacific Mail Steamship Co., 7s1k
49, New York Central Railroad, 10 79x; Eric Railroad
I3H l3%; Hudson River Railroad. 32N 32sl; Harlem
haroao 1874 l33s Reading Rail- Cad, AZ 4S; Mchi.
gan central Railroad bo}s 504; Michigan Southern and
Northern Indiana Rairoad lsX ASK Michigan Southern
and Northern Indiana Railroad guaranteed, a5< 49,
Panama Railroad, ll5A R5H; Illinois Central Railroad
| oo4 81; Gaena and Crcago Railroad, 88X a 6s q;
Cleveland and Toledo Raread, 81 3ij, Chicago aud
Rock laand Railroad, eoA s6o% Milwaukee ana Ms
sissipp Rairoad, "a li1l, Ia Crosse and Milwaukee
Railroad, q ak.
The business Of the subTreasrry today was-
Receipts ACKNOWLEDGEMENT. so2 AGA "a
% Thch FOR Cusiorps. ........,,,.... $1,000 %
rag f,loS 10
,iniorba araiB... ....,.,.,........... 5o,0O0 %
.s,HeSa3 10
OF Treasury no.es the Custom Hoces received during
the week, s92,2e "a
The exchanges at 'he Bank Clearing House to-day were
sis,ls9,ssa 90, and The balances $685. $50 Ga.
we receiver IRON Mr. A. H. Nicolay summary Of the
annuai statement OF the insurance companies of this city,
as reported to tho legislature furnished TO him by
the State department Copies be obtained gratuously
application at his Office.
The earnings Of the Central Railroad Company of New
Iersuy ior sho month OF January 1859, were ssl %
Fortbe sarnc month last year ......,... 53,764 "a
1ucrcase IA per cent. .................s7, 1880 "A
With reference to annual meetings of Stockholders the
Boston Courier Of yesterday Bays
The recent meeting of the stoclboldo,s In Aha vuaaarn
Railroad shows the great Of norestor juattenon
To their ntcess-by shareholders, who allow inc few 70
manage her AFFAIRS mode OF procedure which would
ruin any private business The prbc reports state that
'be directors were elected by 35 votes or Shares u
the Al 800 owned by private stockholders 10 900 shares
being held by the State. BY this IL Will BIO seen that less
than one twentieth Of The stock controlled the election
ana the anne s true NJ other railroad companies though
not, we think, TO 30 great degree but some corporations