The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-03-09


change to-day, and prices continue to improve.
Heavy pun chases Of Central are made through lead
ing commission houses, it is supposed for the &C
count of Parties at Albany. The latest advces ap-
pear TO be favorable to the passage OF a tolling
bill, under which each road would be allowed to
pay 4 fixed sum by way of commutation. The
sum now mentioned for the Central is 100000
1t ia believed, however that the Legislature win
agree TO lie satisfied wah half this amount and if
the road is allowed TO charge q cents per mile for
way passengeIs--as stipulated in the bill now be-
fore the fegislature--it will be gamer by the ar
rargement. The way passenger business was
worth 81 100000 last year. Assuming that it
yields ~ 100000 this year-a safe estimate the
addition Of half cent to the fare would yield
$4,000 These considerations are, doubtless,
weighing on the public mind, and inducing the
purchases we note. The stock, which last evening
was sold down to ~, opened to-day at 72l ad.
yanced 10 724 at the close of the first board;
between the boards it was done at 72S, and
closed in the afternoon at that bid. GaGena ad-
vanced per cent this morning, closing at 5sS bid,
against So at the close yesterday. Michigan Cen
trsl continues TO be bid up by its Boston friends;
the stock touched 40, closing at 393 bid, against
50 at the close yesterday. Canton was again eccen-
tric in its movements; it ran down to l9l, then up
to 2lb, and finally closed at l9s bid. Pacific Mail
appears to have lapsed into quiet conditions the
price has not varied much for Some days. there
were sales This afternoon at 81. The demand for
State stocks and favorite bonds continues active.
Nissouris are waited at sll, Tennessees at 90,
and other State securities at the highest prices
lately current The third mortgage bonds Of
49,
ing: the seconds to 90; the frsts are scarce
at 1903. This afternoon the market was
quite active, ard stocks closed firm at the following
quotations-yirgnia 6's, 81 J; Missouri 6's sIl
az; Canton, 19i Z; Pacific Mail, 93g o. New
York Central, 72s a Z; Erie, 8 ]; Hudson River,
39l !; Harlem, 81 !; do. preferred 33I
l. Reading, All AZ Michigan Central, 39l a Z;
Michigan Southern and Northern Indiana, a
4 DO, guaranteed, l7l Is; Panama, 1884 . 4;
nlineis Central 59i a 60; Galena ard Chicago, 5sS
4; Cleveland and Toledo, l9S 20; Chicago and
Ro x Island, 63s (.
The Germsnia Fire Insurance Company has de.
clased semi.an dividend Of six per cent, pay.
able on the 18th inst This is the first dividend of
this company.
The main features Of the dry goods market are
thus noticed in the Independent of to day
Business Is steadily the increase; bat yet, with the
sae OF considerable proportion o. the imports there IL
less d. nrees ia prices Importers are giving way little
In anticipation OF the approaching auction sales Many
second ordss have been received iron the South and the
city obbets have been renewing their purchases main
tain due assortments The supply OF goods is however,
too mmecse 10 maintain any great rnucss illness
prices The auctions OF French silks have commenced,
snd the importation is being felt Wooens also are
The ssno pfedcamept and press heavily the market
British goods have been less freely imported but Cont
uenta goods quite the In domestic goods there
has been heavy export demand for the East mostly for
China All stspe cotton fabrics IN good demand and
1rm IN prioe PThs are however, duh aud heavy at
considerable decline in price Fancy cisscres less
active. The import OF foreign wooleus nterferes
greatly with the domestic goods market Prices favor the
in every branch OF dry goods. The Western
commaS.ty very backward ia tneir purchaser Tue
auction sales this week have drawn the city leading
retailers and obbeIs Of all the principal cities in the
country. The gale Of silks Monday q sad for
the irnporers-resuitng in loss OF from ten 10 thirty
per cent The styles bad. Tuesdays sale sho we'd
armness and better class Of goods On Wednes.
cay ai grades OF goods sold much better particularly
those descriptions Of SILKS which cost from five
francs. Trace is fairly and, With easy money
market look for rushing business at los prices for
the next two months Country buyers should hurry OIL
old stocks their Shelves aud hurry hence for mos,
aivau,sge Gus Investments,
The imports of foreign goods at Boston for q