The New York herald., 1869-04-12

7ok 7oa<; do do., eighta 80 sax; Alabama eghts
so1s 9oa; do. nves, % ook do s'xes sterling "
bd South Carolina SKIES, " a73; do, new, 10 70h
do, registered stock 60 a6s; City Memphis sixes 6l
a5lK; do. Atlanta eights s2 q SO; do. Savannah
sevens, % o3; DO. New Orleans eonsots. Is o 7a;
do, issued to railroads. 6s o 90; Mobile and Onlo
sterling II ~; do. eghts 81 e2x; Mississippi
Central Railroad first mortgage, II 70; do, Sec
ond do, 90 q 5a1; Memphis and Charleston, FIRST
mortgage, sl; do. second, 70 II; do. do. stock, Al
40; Greenvlle and Columbia Railroad, guaranteed,
| SO 81.
The stock market was animated and buoyant for
the railway list with New York Central for the fea
ture during the time that the Legslau ure
was deiberatin9 upon the bill to authorize
the conversion OF the eighty per cent scrip
dividend. The stimulus thus created was more
directly ielt in the other shares the effect upon
Central having been In great measure discounted,
the stock subsequently declining. Hudson River,
Harlem, st. Paul and Fort Wayne ad vanced from
five to ten per cent in this rise. The market was
lower at the end OF the week with more steadlness.
The following were the closing quotations ON Satur-
DAY evenlng:-Cumoerland, 32 IS; Wells, Fargo &
Co g Express 81 3l24 American EXPRESS, 40 40 u;
Adams Express. 59s4 599<; United States Express,
6SA 5ss: Merchants Union, l54 10; Quicksilver,
% 22H; Canton, 534 5s24; Pacific Mail, 90 92s;
western Union Telegraph AK a 41h New York
Central, 1881 l63i4; Erie "a 34ls; Hudson River,
l46& 147; Reading, 93 93ls; Toledo, Wabash and
WESTERN SO 6s1s; do. preferred, 77]1 7s14; Mil
waukee and St Paul, rs 7sI DO preferred s5 $50;
Pittsburg and Fort Wayne, 1917 1872; Ohio and
Mississippi, 33 q 331S; Michigan Central 11s1s l20;
Michigan Southern 96a4 81; Illinois Central. 1873
1S9; Cleveland and Pittsburg, 9oA COX; Cleveland
and Toedo, 81 97A; Rock Island, 1904 131;
hun Qtorn 40 MAJ
Marip0Sa, 10 20; do. preferred, 364 36s4.
Articles OF association have been filed in the ONCE
OF the Secretary OF State for the following new rail-
roads in this State:-1he Carthage watertown and
Socketts HarDor Railroad, to run to and from the
vicinity OF Carthage, connecting at that point with
the Utica and Black River Railroad, via the Black
River Valley, through Watertown to Sacketts Rar-
Dor, In the county OF Jelerson the Syracuse aud
Northwestern Railroad, to from Syracuse to the
village of Mexico in Oswego county; the Auburn and
Port Byron Railroad to from the city of Auburn
to The village Of Port Byron the Buffalo Creek Rail-
road to run from point on the Buffalo and Wash
ington Railroad, in the city Of Buffalo. to q point
upon the land between the Blackwell Canal and Lake
Erie; the Gallupville Railroad, to run from some
point on the line Of the schoharie Valley Railroad
to point near the village OF Gallupvle, In Scho-
hare county; the Hudson and Mohawk Railroad, to
run from the city Of Schenectady to Albany; the
Northern Air Line Railroad. to run from PattsDurg
Clinton county, through the towns Of Peru and Ausa-
BILE, Clinton county, and through the towns Of Ches-
terheld, Wilsborough, Essex, and into the town OF
Westport in the county of Essex.
The London correspondent Of the Financial
Chronicle, writing Just before the recent advance in
the Bank Of England rate Of discount, says:-
Only one cause, however, seems likely to operate
In promoting an outflow OF the precious metals, and
OF gold In particuar-namely. the great speculation
IN foreign Including American securities. With the
facilities OF teegiaphlc communication speculation
Is materially assisted, and the periodical settlements
which have to take place frequently derange the ex
changes During the cary part OF last week the
changes were mostly In our favor, the demand for
gold Tor export almost entirely subslded and it was
thought that as q few arrivals had taken
place some small parcels would not imprOba.
bly, be sent into the. Bank. On FRIDAY,
however, the position was quite changed Bills |
on Paris became In active request the whole of the
supply OF gold IN the market absorbed, and ex-
p0rters were under the necessity of applying the
Bank Tor t25 900 To meet their requirements. Since
then there have been further Withdrawals, but as
they must he due to the speculation in progress
they may cease at any moment only perhaps to re.
vive after the lapse OF few days. But while money |
Is so cheap In Paris. and while large stock OF bull
lion Is held by the Bank Of France 1t would seem to
be quite impossible for us to lose any seriOfs |
Ing freely away from us, 1t is in the power OF the
Bank 10 cneck the movement by advancing their |
mlnmnm TO per cent for money on this side would
then be "a per cent dearer than in Paris and n |
speedy correcton OF the exchanges would be the |
result.
Annexed is a comparative statement showing the
shipments OF specie from this port last week and |
during the year to date together with those for the
periods In 1867