The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-02-02

4
and Leather 12s; Corn Exchange, l2e: Continental,
Ssk; St Nichoas lOs; Commonwealth, lo7; I'm
porters and Traders, 127; Park, 1853; Manuac-
turers and Merchants. 1olx; Central Nauonal'
l06x; Ninth National, l0sk; Oriental, l47.
Prices at the beginning of business in the stock
market opened steady for the general list ana urn
for few OF the present favortes From these there
was decline, and the fluctuations became irregu-
lar so that It became impossible TO describe the list
in general terms. The greatest depression was IN
the interval between the morning and afternoon
boards The closing prices OF the last regular board
were as follows:-Canton, go 81; Cumberland.
3s1 q 80; Western Union, SO 3sk; Quick
silver, 2sh q 2s1; Marposa preferred, 2S1 %;
Pacific Mail, l1Sk o 11s1s New York Central,
lel 1917; Erie, $50 $50; do. preferred 90 IS;
HudsonRiver, 134x ls5; Harlem, 1888 1856; Reading,
9G,s sSs; Michigan Central. 11s q ll9A; Michigan
Southern, e4k o e4bs; Illinois Central, 1873 140;
Pittsburg, 90 90; Northwestern, ssS sa5s do pre-
ferred, 81 sIn; Toledo, lo4H l04s1; Rock
Island, 1907 ISL; st. Paul, 664 o6k; do pre-
1erred SIX So; Wabash, 651s 655s; do. preferred,
70 rs; Fort Wayne 12oH l2ox; Ohio and Missis-
sippi SO ssls.
The closing quotations OF the last open board were
as follows:-Cumberland, 1875 3s1s; Quicksilver,
% bid; Mariposa, tx o; do. preferred, 2SA
IS; Pacific Mall 11SH y he; Western Union
Telegraph, IS q $50; New York Central, 1915 q
1olsi; Hudson River, I344 1885, Harlem. 1873
bid; Reading 9614 s61s; Chicago and Alton,
152 bid; Bankers and Brokers', los 106 Alton and
Terre Haute, 40 q ~; do. do preferred, 671s bid;
Wabash, 651a 65s<; do. preferred, 75 7S1s; NIL
waukee and ST. Paul. 66 66a; do. preferred, 81 Il
sla; Fort Wayne, 40 l2l; Ohio and Mississippi
37I 50; Michigan Southern, 04ss 941s; Pitts
burg, 921s e24; Toledo 104ss 1O4si; Rock
Iola Nnrfh prp
ferred, 81 a 9lb.
The subsequent street transactions were tame,
and the market left orr at half-past five O'Clock
with the following prlces:-New York Central, 1905
a 16OA; Erie, Ssl@ ss1a; Michigan Southern, 94A4
siss Rock Island, 1901 1871; Reading, 90; North
western, s31s S3ls do. preferred, 905s 81;
Pittsburg, 9lA; ST. Paul, 654 66; Ohio and Missis
sippi a77S bid; Wabash, 6524; Pacific Mail, 1lss4 3
ll9; Western Uni0n IS bid.
The United States Supreme Court has delivered an
opinion In Che case Of the North Central Railway,
Pennsylvania, vs.. jackson, deciding that railroad
bonds held by foreigners abroad are taxable, and
that companies can withhold the amount OF the
tax.
The bill introduced into the Illinois Legislature
aiming to transfer the management OF the roads Of
that State more strictly under local control pro-
vides:-
laws of this State, any consolidated railway COM
pany organized under the laws OF this or any other
State, hay, in the manner herein provided, from
time to time increase diminish ito not less than
severn the number OF fs directory and other officers;
and prescribe the time, place and manner OF their
election. and their term or terms OF office, authority
and duties respectively. A majority OF the share
holders Of any such company by an instrument In
writing. signed by them respectively, from time to
time, IN person or by proxy, may empower the
board OF directors to make the alterations and by
inJ