The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-09
FINANCIAL AND CONNER GAL.

The business at the Stock Exchange has again been
large and prices again higher, though as yester
day and the day before the market does not close as
strong or as high as opened Rumor asserts that pro-
mnent operator for the rise sold out portion OF his
stocks to-day in order realize the profit already
crued To what extent this fact viii affect the market
the face of the other which operating in favor
Of an advance, we shall tomorrow and next day.
stocks continued rise, and closed to-day pretty
firm Mssouris fell back u from the highest price Of
the day The business in railroad bonds not large,
nor did prices vary from yesterday. New York Con |
trail usual took the lead among the speculative stocks
This morning it touched s0 point which many recent
buyers had fixed suitable to realize at the sales
cash stock accordingly larger than the market
the time prepared TO take and the price rcceded
closing in the afternoon at 70 bid Among the Western
stocks Rock Island appears to be the stest 1t closed
today at 704, very slight decline from the highest price
of the day The large receipts Of grain at Chicago and
the healthy condition Of this companys finances, at
tracing large number of outside buyers The price in
March, 1885, SSS the share. Galena is steady Toledo
which is doing fine busiDess-the freight earnings Of
August the largest known the roaddecned
TO 2e,s bid. Illinois Central advanced to co. closing at
6ss bid. Michigan guaranteed closed at 24 bid for tho
cash stock, the lowest quotation for time The
ngs of August $49 against $202 49S last year
The last weeks earnings $5s 1885, against 500 4S0
closed at 3S bid The general feeling in the afternoon
that the reaction long and anxiousy expected by
parties who too late in securing interest before
the late rice, hand and that should
see lower market Stocks closed weak at the following
quotations :-yrginas, 941< u Missouri 6s, s51s x
Canton, Is u ; Cumberland, 141z y New York Cen
trail, 10 u Erie, Az ass Hudson River, 371S u;
Harlem, 10xak; Reading, 451s q Michigan Central,
Az Il Michigan Southern, 61s x Michigan South
ern guaranteed, A14 u Panama, lls y Illinois
Central, 6s9l 90 Gaena and Chicago, TAX q Cleye
land ard Toledo 2s1s x; Chicago and Rock Island,
7O x Illinois Central Railroad bonds, 81 ss Pacific
Mail Steamship Co., s415 S.
There is not the least change in money to report
Money very abundant and the supply of fan paper is
too small for the demand Exchange continues slug
gish at our last quotations Tho amount Of specie
Saturday will probably exceed half a million.
The business OF tne suo-Trcasury to-day was as fol-
lows
Total receipts $i5O,695 o.
1a pay o os 600 ~
Balance 1853 oos d
The exchanges at the Bank Clearing House this morn.
ing s22 1862 At and the balances 81 22 633 49,
BY reference to advertisement in another column
viii that Groesbeck Hoyt advertise $50 900
Of East Pennsylvania first mortgage railroad bonds, bear
per interest These bonds part Of first mort
gage for 5000 900 the entire road and its equipments,
and by special act Of the Legislature Of the State of
Pennsylvania is made to any additional property
real estate or equipment, which the company may
at any time hereafter acquire. The capital stock
is $500000 the road has been constructed with
the srictest regard to its durability the culverts
&c all first class; there bridges the road;
the length is thrtysx miles, and forms part Of the
connecting link between the New Jersey Central the
Pennsyl Central Railroads. making air line from
New York 10 the principal cities of the West and South
west By this route New York is 1877 miles nearer to
Cincinnati and ST. Louis and seventysix miles nearer
Chicago Cleveland and other Lake ports than by the New
York Central The work is finished and in operation.
A decision was rendered this morning In the New
Haven spurious stock by Judge ngraham The
Judge decides that so far the stockholders who have
held their stock from the commencement, who were
stockholders prior to 1885, concerned the injunction
cannot be granted and that they entitled to their dv
dend. But far all other stockholders concern
ed the Judge grants the injunction orbidding the com
elimination between genuine and spurious stock shall
have been made The Judge also DEGREES that the com
pany must pay dividends until its stock ledger
has been again overhauled and possible the spurious
stock divided from the genuine.
The following is comparative statement of the exports
exclusive Of spece from New York foreign ports for
the week and since January L.
For the week. 81 ,056050 1,0lS,43l 15s2l59