The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-12-15
FINANCIAL AND COMMERCIAL.

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"a, sex s,.sss,.d es.s s2r NsSne iNes, AM'i"Sa
,,.,.a..., ~. .sai.,iss1 cps ,s4 Cumberland ~
en-, ,,..,, ,.i 40 ssh1 srss Informal session at
so ss..., l,urs sasa sas asssre SACKS werc called
~ a., ua s.sgilsa ass-a New York Central and Pitts
due, ,..,, s,s sSss e ne railway stocks, and the
..s. 4, ~ NAKED syrsasselset With the former, the
,,,s.as,saa u saseA was oensursd for making what
ANN, ls.esh.r xar-easahe traffic contracts with other
,n srs sspSseassaS The araGs q the company in as
aya,-sssr txAs - possible order, as is supposed,
!, ,,f,,s,s gsts-v Ia. station at Albany. New York
ss,ssa e,ss. ~ lower than at the second board yes
s,~asf rsssezrx III Northwestern preferred !, Rock
r>asaa L gs,c - Reading y, Michigan Southern u,
>sc,a.,.s COMMON y, Fort Wayne v. Cleveland
ana rss>as strong and ~ higher There was full
s,..,t fsr government securities at advancing prices
usss "a. influence Of the improving market for FIVE
.-~esss abroad The latter Of the old issue wero Ia
a As<hsr second issue " ten-fcrties r. seven-thirty
usSes participated in tho general RISE and the second
ser,es were y y higher, first series r
AT the one o'clock session Nov York Central recovered
% sex Mariposa preferred was at 90 and schuyl
KIN Coal sold at o. 81 1917 The remainder were steady
Al the half past two O'Clock board prices were general
" on the decline Erie closed x lower than at the FIRST
board, Reading X, Michigan Southern x, Pitsburg Z.
Northwestern n Quicksilver a. New York Central vas
x higher. Hudson River y, Rock Island u, Ohio and
Mississippi certificates u, Clcvelnnd and Toledo X.
Government securities less animated and lower.
Coupon Gyetwenties Of the old issue declined u, ten
forties y.
At the open board at hafpast three O'Clock the
market was a shade frmor Cleveland and Toledo
advanced to 1921 Pittsburg 921S New York Central
sold at &C. 93 Hudson River 1881 Reading llI4,
Michigan Southern TAX, Northwestern 35M, Northwest
ern preferred Nv Fort Wayne lC5S Prairie du Chen 90
Sohuylk Coal (b3 13k Ohio and Mississippi certificates
2s8. Government securities were steady, and 1ve-
twcnties Of the old issue sold at l03'l.
There was a fair demand for money the Stock Ex-
change. which was freely met at per cent, the
supply being abundant although the balance in tho Sub
Treasury has again increased to s74,59s3ls. The slow
drain out Of the city than counterbalanccd by
tho return flow from the West and the interior gene
rally Exchange this city at Chicago and Cincinnati stl
continues firm at par buying and lilo premium selling
but al New Orleans it is at 1-l6 u discount Business
both at the South and West is, however just now OK
tremely dull navigation being closed to the latter Sc
ton, and tho pork packing season not having com
mcnced while tho cotton trade at New Orleans and MO-
bile Ia in a semi-stagnant condition On and after TO-
morrow tho disbursements Of the government VIII re-
lease largo Of tho currency now accumulated
In tho Sub-Treasury in this city, and as in
creased monetary case will DO the natural
result stimulus will thus be afforded 20 the spirit 0;
tbaC
for action The market has for weeks resisted the per
sisent hanmering OF the bears and 1t is hardly proba
bic thai il will ysold under their influence to any
material oxtent The noxt movement Of importance,
therefore, bids fair TO BIO upward one There Is no
change TO noc in the discount ne the rates being
and 10 a is per cent, according to quality
Tho gold market received accession OF siren 9Th
from the covering OF 'shots" and the continued firm
ness or foreign exchange and after opening 145s
advanced steadily TO 1461s the closing quotation.
The Treasury coin certificates beginning to be re-
garded with suspicion by the Gold Boardher exposure
70 CONTRIBUTING being one Of tho objections urged
against them-and committee has been appointed 10
confer with the Sub Treasurer upon the subject
Bankors bills on England were steady at 1927 u,
aud drawers confident OF higher rates, basng, az
thoy do their calculations upon steady propondcr
ancs OF imports over exports for q long time To
como Tho exports OF last week, however wcro
larger than for the previous week, being valued at
g. s10 ISe Tho shipments mainly Of brcadstufs,
for notwithstanding tho receipts OF coton n this city
from sources last week nearly thirty csht thou
sand bales only s674 bales exported tho DISPOSE
ton here az well the Gulf ports being 70 hoard in
anticipation OF short crop next year and higher prices
for tho staple abroad Whether the rise In tho Liverpool
market will stimulate exports largely Immediately Is
doubtful but importers relying upon this and ship
exchange, and hence they defer buying
Petroleum stocks firm and active. At the first
board Pitholo Crock closed zoe. higher than at tho
time yesterday, selling at SIS 5o United states
s0c selling at $25 40 BcnnehoH Rcn roc. lower,
selling Sl4 90 Forest County sold at 4c Inoxhausti
bio lSc. Now York, Philadelphia and Baltimore S5c,
New York and Newark 42c., Great Western Consolidated
CSC. Bradley $50, Brevoort 50 So Cherry Run zoe,
Central 800 Empire City SIC, Fec Simple 2Sc., Excel
s,or 02c First National &c., Ham McClintock 81 Ote
Iattor company will in future pay It's dividends monthly
instead OF qaarterlyD Manhattan 42c, Northern Light
g. Oceanic $50, Rynd Farm 65c., Webster 81 II,
Copper Falls $24 rs, Norwich 81 so, Waikiki 81 60,
British American Coal $f4 u.s. At the second board
Bennstof Run Soc lower than Ut the first board,
selling at ga 40 Buchanan Farm sold 1t 76c, Bradley
6es. Brevoort 20 90, Empire CITY 5sc, Bradley 6oc
Excelsior &c. Oceanic Soc, Pahoe Creek SIS So Gin-
nell Cold 81 90, waikiki 81 oS.
The annual report Of the New York Central Railroad
Company presented At tho meeting Of stockholders
which was held in Albany on tho 18th inst. We make
tho following abstract and compare u with tho returns
OF last year.
Sep. 80, 1904. SIP, 30, 1895
Stock beginning Of year $24 200, 900 ga, $50 900
Added by conversion or bonds 177,00O 205, 600
Total capital 1874, $4,000 s24,5 900
Funded debt ............... IL gil, 34l 4,027,442
Total stock and debt. S3T, 597 341 S30218442
Undivided Income ........... 3,s54,607 1927, 297
Total cos. represented. SAL 4S2 2os s4a LOO 100
Cost Of constructor and equip
mont ..,................. s2s7o251 80, 7o1, s1s
Consolidation premiums 6,9o5 597 6,768, 119
Lake and Lake shore property COZ $50 SAL 91
Hudson bridge property...... l0s 4s6 43s000
Cash and bills, surplus....... 1872 $50 s2i6 277