The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-12-02

increase $500. $50 go S66, s4S $24, 756
Or "a per cent 2ih per cent lsper cent.
Il will be noticed that the business Of each OF these
roads has materially improved of Late tho largest per-
centage OF increase being on the Second Avenue this
company having during July and August taken in moro
than the Sixth the OF tho latter, however, was
heavier during Exhibition of the American Institute,
September and October The expenses OF all the lines
have fallen of very largely owing to the decline IN
prices and hay Last year corn sold at VI % per
bushe and hay $32 SS5 per tom now corn is SELL
ing ut 93c per bushe and hay at Sl2 to $l4 per
ton-making difference to the smallest OF these compa.
MES OF not less than SIS COO $S0000 per annum in
the item Of feed alone.
Government securities were rather dull. Coupon i've
twcntes of the old issue q higher The rest Of
the was steady At the open board at O'Clock
tho market was a fraction higher. Mariposa common
active and 10 16h under mistaken impression
which prevails on the street that there is clique move
mont it, If there is any merit in Mariposa 1t must
certainly lie in the preferred than in the common
stock and the clique is likely to be in the former.
The creation of the preferred stock authorized by
the State Legislature the 29th Of April last The
conversion allowed upon the payment of I'VE dollars
share in money the scrip issued by the company in
payment of their coupons and the privilege of CONVEX
sion ceased on the Both OF October
AT the second regular board tho market less firm
New York Central closed u higher than at the first
board, Marposa "a, Mariposa preferred IA, Canton Il.
Erie was unchanged. Michigan Southern showed a
decline OF a. Northwestern a. Fort Wayne u, Cleveland
and Ptsburg Il The latter company, at the meeting
of directors which place Cleveland yesterday,
declared semannua dividend of four per cent, instead
OF five, generally expected. Government securi-
ties steady.
At the open board at half-past three the
ket was duh and fraction lower New York Cen.
T. 0Oi ~, x
1884, Michigan Southern 1874, Cleveland and Pittsburg
931s, Northwestern preferred 65ls Fort Wayne 10s,
McGregor Western 27J., scuykll Coal (sa Tx, Quick
silver AZ r. Mariposa (b.3) 49, preferred 221 ts3 Az
terTards street. market continued steady bur
dun
Tho burning Of the bridges and tearing up Of the track
of the Eastern division OF the La Crosse and Milwaukee
railroad by the Farm Mortgage bondholders occurred
about twenty miles from Milwaukee, that portion Of
the road advertised for sale under foreclosure Of
tho mortgage and not any part Of the line of the
Milwaukee and St Paul company, tho traffic OF which is
uninterrupted.
The gold market inactive but steady, and seven
per cent paid for having carried. Tho opening
price 49, and tho only variation advance to
14s1s, ut which 1t stood NJ tho close Of business.
Foreign exchange was dull. Bankers bills at sixty
days quoted at 100 4, and 1104 Mt short sight.
Commercial bills and in demand at 106
1881.
The money marke. was little more active at
per cent owing tho borrowers upon the Ave per
notes, maturing to day paying of their loans. The
disbursements account OF these notes up to three
O'Clock reported have been 545 in addition
TO the interest tho Clearing House certificates. The
balance the Sub Treasurers hands Is nevertheless,
this afternoon s75 2sS COG. Tomorrow and noxt week
transactions call will probably be at
SIX per cent and this will give impulse to speculation
Stock Exchange, notwithstanding any discussion
OF the subject of contraction which may appear in the
report OF the Secretary Of the Treasury for the people
know by the figures of the national debt that immediate
contraction beyond couneracting the effect of the
tonal bank Issues, alike with immediate resumption
OF specie payments, is impractcablc. The Secrearys
endorsement Of the recommendation Of q further
beyond the authorized three hundred millions of
national bank currency will the time Offset the
contraction argument TO a great extent How far the
National Currency may amended to mcet tho
wants OF the South win depend upon the pressure
brought bear favor Of Southern interests in Con-
gress IN B-The last words msprnted intercs in
cosps In Thursdays paper and the supposed require
OF the South than the mere official recommended
and the probabilities that the increase recon-
mendcd will be exceeded However this may be, 1t will
he the duty Of the Secretary Of the Treasury TO
prevent further imitation by cpunterncng the.ccct Of
these and kccpng the near Its present
level as possible Discounts firm at for the best
grade Of commercial paper and 10 IA for the second
Petroleum stocks irregular. At the first board
Phole Creek closed Csc higher than at the same time
yesterday selling ut s13 90; Oceanic 1885,, selling at
sc Excelsior l9c selling at Doc Bennehon Run Csc,
selling at $40 Gunnc Gold Csc, selling at 81 90 New
York and Newark 14c lower. selling at acc Palmer
Petroleum &C., selling 50 TO- Empire City &c. selling
Mt IS; Waikiki 81 05, selling at Csc. Allen Wright
sold at soc. Bergen Coal and OIL, 44c Ivanhoe 81 10
kentucky National Petroleum and Mining Company,
81 %; Germania soc Ham McClintock So IS; North
ern Light 81 7j Webster, 81 rs Corydon 81; KnowI.
ton Copper, ~. At the second board Pithoic Creek
closed 15c lower than at the first board selling SIS
Bradley 10c selling at Soc Benneho Run l0c selling
at SIS 90 Fec simple sold at Csc First National,
Soc Germania, 33c. Heydrick Bros loo. New York
and Newark, SOC Manhattan s2c. Oceanic, e0c oil
Creek, 81; Hope Gold, 81; Gunuefi Gold, 81 40
The dry goods movement at this port for the week
ending November 30, was folows:-Entered for con.
sumption, 81, 40l, 500; Withdrawn from warehouse,
SIsl, $40; warehoused, $3.50, s61.
The business at the Sub Treasury to-day FOL.
lows
Total receipts. 1p06l
Payments. ................ insol3
Balance. 90 900 vs
For customs. sVV Vp
On account OF government loan. 2e300O
tod certncntcs. ooS'voV
stock Exchange.
FRIDAY Dec. 1-1o:20 A. NJ
9iOOOO : a. 1OA1z 900 aha N Y Cen ER. qSi<