The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-29
FINANCIAL AND COMMERCIAL,

SATURDAY. Sent. 2a-

SATURDAY, Sept. 2s-6PM.
The money market continues very dull, the de-
nand for paper being in excess Of the supply. On
call the brokers are fairly supplied at per cent
Stocks were steady to-day, without change of
nots. The most active stock of the day was Rock
Island, which advanced "a u per cent with large
Gales. The increased traffic Of the third week of
september Is the alleged cause of the advance
The other Western shares and the shares of the
nearby roads were without change There is
every reason to believe that the conference which
b now being held between the Erie and Central
managers will lead to the settlement of the pend
ing competition and the adoption of a new freight
tariff The occupation of the Baltimore and Ohio
Railroad by the belhgcrents ought to be worth a
great deal to its three rivals. Pacific Mail was
steady and in demand at yesterdays lowest price,
United States securities were firm at yesterdays
quotations There was heavy business in Trea-
sury notes (sxes) at N discount. State
stocks were irregular. Mssouris and Tennes.
sees were steady. virginias and North
Carolinas both declined heavily. No cause
1or the decline is assigned. After the board the
market was steady, without much business. At the
second board the market dull and stocks closed
ut the following States 6's, re-
gistered, 1881, soH Sosl; do. s's coupons, 1881,
81 s1N; do. SIS, 1874, 81 slH; Indiana 6's,
1874 1871; Virginia 6's, 4s1l 40; Tennessee 6's,
Is 431ls; North Carolina SIS, SO q 60; Missouri
80, M 42s1; Pacific Mail, $50 $50; New York
Central, 1871 1914; Erie, 25A a 25zs; dc.
preferred, 46 q ~; Hudson River, SO $685.;
Harlem, l0N 1919; do. preferred, rs o 251d;;
Reading, s4H 1876 Michigan Central, az
Az; Michigan Southern and Northern Ind-
ana, 1917 1877; do. guaranteed 9lN 3l%;
Panama, ll5H ll6; Illinois Central, &C q 66A;
Galena and Chicago, e8H GsH; Cleveland
and Toledo, 2sA q 295s; Chicago and Rock Island,
w A5>; Chicago, Burlington and Quincy, 62
. IS; Delaware, Lackawana and Western, 81 a IS;
Milwaukee and Prairie du CHEN, 1871 q l71l;
Illinois Central bonds rs, 90 921l; Delaware
end Hudson Canal, "a q s.; Pennsylvania Coal,
5e ut.
The banks have decided to take the second
o60, 600, 900 loan. Details will be settled on Mon
day.
Tho Fall River Neacs says the linen mill Is run.
aing three days per week. The Metacomet mill
VII resume operations on Monday, October Z,
and will also run for three days each week. 1t is
reported that both these mills will until their
present stock of cotton is exhausted.
The Lyman mills, Of Holyoke, will start up again
saxt Monday, 30th inst.
The Columbian MILL at Southbridge, is now run
ming on full time and employs fifty hands. The
mill contains fifty looms and 2,36s spindles, and
there is four months supply Of cotton on hand.
Tho Woonsocket Or. ~ Patriot says
Tho cotton and woollen mills In this village work the
ual hours in the evening" contrary to general expeca
eOn. This an indication that the business Is not badly
depressed.
The Cincinnati Gazette of the 26th Says
Tho notes Of the Peoples Bank Of Kentucky at Bowling
0Feen, were refused by Of the bankers to-day
while they were taken usual by others. AN other
banks Of that Stats were taken az heretofore.
The Philadelphia Bulletin says that "the bank
presidents of that city, at meeting held yester.
aay, unanimously agreed to take the second install
nent, five millions of dollars of the $3.50, 900 900
government loan."
The subscriptions to the national loan at the
agency in Norwich, Connecticut, on Tuesday, the
opening day, were $4,000. At Burlington, ver-
mont, $25 900 were taken the first day. The coun-
Try papers TEEN with statements Of liberal contri-
buttons in their various localities. 1t is estimated
ct the Treasury Department that the sales average
million dollars per day.
The National Bank New York has declared a
dividend Of three per cent, payable October 10
proximo.
The Shoe and Leather Bank has declared semi
annual dividend of four per cent payable October