The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-07-06

Is The Persia, every ono who proposes 70 ship At
present will take advantage of Vie Opportunity From
present appearances tho shipment will probably exceed
miion and may DO much 81 500 900, though the
leading shippers sending nothing.
There was generally rather moro business and trie
better prices at the Stock Exchange this morning. nowtn
standing the thin attendance Of members The demand
for State stocks and FIRST class bonds was lively, and nd
Gated that the money dbursed for dividends seeking
resting place in that direction An general rule rail-
way stocks were fraction higher than they closed on
Friday New York Central, for instance, Illinois Central
and Rock Island were all u u higher. Illinois Central
sold privately between tho boards a. high ~ g. Michigan
Central was also u x higher than on Friday Michigan
Southern guaranteed continues 70 be unfavoraby affected
by the news OF the late accident II sold this morning a.
low a. 26k for cash and 2t seller 90 Some Of the
companys officials, who have just arrived from the
Of the disaster, report that there no ground
for awarding damages against the company, rae
accident having proceeded from GAUGE beyond their con
troll or foresight The broken cuvert hos been repaired
and the trains pass ~ usual Toledo was steady
o.day. In the afternoon the market was quiet, and
stocks closed dull at the following quoationsMs
8's, S2h u; Canton, lsx . 10; Cumberland Coal 10
II; Pacific Nail, 80 u; New York Central TAX ";
Erie, e u; Hudson River, 3i1< X; Harlem, 9K slo;
Reading, AK Il; Michigan Central, 3sz . "; Michigan
1l5h * Illinois Central, "a y; GAena and Caicaso,
62x q u; Cleveland and toledo, 24x Y; Chicago and
Rock Island, 69x u.
very important Item Of nexs was brought by the
Vanderbilt to w.t. that long continued drought daAs
ing very seriously the grain crop Of Southern Russ II
this be So the most important event for this oonp
try that has happened for time. Southern Rassa
the great competitor Of the United States in the Brh
grain markets In good the export Of grain from
Odessa and other Russian Black Sea ports should be- at
the present time, about 900 bushels, piustsnhs
Of which are wpat. WAS the soppsse Of this
Of supply bQ ~ Crmean war which caused -four TO al
vance TO gind $l2 barrel In this country II bad
harvest in Southern Russa this year, the result
will be the The effect would be the moro rapidly
felt from the fact thst, II H. the will very con-
sideraby diminish the amount Of wheat grown IN Eu
rope this year. Northern Italy, which usually hsc CUR
plus Of cereals, will require large supplies from abroa
and the crops Of both Germany and France will feel the
effects Of the diversion Of labor from the plough to the
camp. The bulk Of our wheat crop Is now out OF
any probable danger and Notwithstanding the Jcnc
frosts the throughout the West doing finely
almost certain that the crop will be the largest
harvested in this country Even at present prices such
crop would restore activity TO the West shoud any
accident happen to the great growing countries
Europe, the result can hardly be over Estimated.
The exchanges att the Clearing House to-day were
$40 1852, 167, and the balances 81, l3l 1915.
The business Of the Sub. Treasury to-day was as fol