The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1869-12-18
Railroad MatfeFs-EXCItement in TIT
told ROOm-0theF Items.

8 49,.
Railroad Naturalization in the
told ROOm-0theP Items.
NEW YoRK, December H. The
Reading Railroad has formally noti-
titled the Stock Exchange of its pur-
pose to issue $5,000,000 of new con-
vertible bonds, In the amounts and at
the dates following: S1,5000,000 In
January, 1870; 81 600, 900 in January,
1870; 81 100000 in July, 1870, contrO-
vertible at any time after issue; 81,
600, 600 in January, 1871, and 81 800,
900 in 1871 or 1872. On giving sixty
days notice the notes are contrOVertl-
BILE until 1872. OF these bonds 81,
100000 are taken at par by Mccall
Bros, of London, the remainder at
par by Mexican & Boril, of Philadel-
phia. The ostensible reason for the
issue Of these bonds is the building OF
new branch road, equipments, etc.
The Lake Shore Company, to-day,
declared a dividend of four per cent,
payable February /.
There are no new developments in
the bounty loan frauds.
No new failures of consequence of
New York merchants are repoi ted to-
day, although there are rumOrs of
large failures Ia each of the cities of
/ Cincinnati, st. Louis and Chicago.
Frank Howe, Special Treasury
Agent, and Chief Appraiser Palmer
are still engaged in re-sampliug the
sugars In bond and subjecsiDg them
/ to new appraise Some under
valuation has been discovered, but
not as yet to any great extent.
| The excitement In the gold room
| to-day approached nearer to Septem-
| Der than anything witnessed in Wall
/ Street since the elimination of the
/ gold speculation of that month. The
room was crowded, and figures moved
rapidly up and down; at one time the
price touched 1901. The bull frater-
nifty are disgusted with the action of
Secretary Boutwell, in accepting bids,
which completely upset the combina-
| ton formed to prevent proposal. 60
! ing into the Treasury. To day, this
combination was headed by several
very prominent brokers, who lose
heavily by the fall, and the action Of
the Secretary meets otherwise with
general approval.
The decline in gold affected the
stock exchange, and for some time
caused depreciation In greenback
values, both in stocks and Govern
ments.
The Commercial says there is roth
ing In the tenor of Boutwell's in
structions to the Secretary incousist-
ent with the supposition that he will
continue to sell gold between 122 and
1921. The Assistant Treasurer, how
ever, has no order to sell the balance
of the million not taken to day. Con
siderable impatience is felt to show
the Secretary's s purpose In his future
sales.
The temper OF. the market is bear.
ish, and if it were believed that Bout
we'll would sell at the market price
through the month, the price might
easily fall to lis.
New YoRK, December IL The
Times says that aside from the caustic
which he applied to Greeley. that
Buffers letter is q case of special
pleading, and altogether out of place.
It then reviews the prescription oil
the Southern men, and says the dig
nifty of the United States, the conf
dence it already feels in its owr
people, and the confidence it seeks to
inspire in foreign powers regarding
its future, alike demads the broad
generous policy Of a general amnesty
If there chance 10 be, here and there,
men whom it will do to except, le
them individually be reserved by
name from the option of a wide
sweeping and magnanimous act. We
have conquered once by arms-let Us
conquer again by magnenimity.
New YORK, December II. = Judge
Barnard has vacated the order granted
a few days since in the lottery case O
Simmons against Wood and others
appointing Benjamin Wood receivel
in the suit, aud has appointed Hon
John Morrisey in his place. The
order was subsequently vacated b.
another Judge.