The Portland daily press., 1869-05-01
q o M NA IL Ea CIAL

New Work stock and Money Market.
NEW YORK, April 3O.-Ths Express Money arti-
Gle says the event in Wall street to-day the fur
the and rapid progress in the great campaign in the
and quite general though the New York roads took
the lead on the upward turn. Co soldation of the
New York Central and Hudson is ON the tapis a
basis of capital OF $780, 000 that of the former
is now $40000000 and report says the stockholders
arc to receive further dividend of So, ,0000 0O0 on
Central and $4,000. 900 Hudson river. 1t is said
Vanderbilt believes consolidated road can earn 10
per cent The Harlem, it is said, will be consolidat-
Rutland roads, Harlem capital is about $12 900 O0O
Lebanon Springs 81. 000 900 and Bennington q Rut-
land s1,500,OOO The joint capital, it is reported,
idend. The consolidated capital OF the Lake Shore
combination, including the Michigan Southern COM
increased perhaps TO S5OoOO,oOO and the stockhold-
ers receive something in the shape of dividend.
Money easy at g per cent. on call, with over
ample supply. Sterling Exchange dull at 109 a 1894.
Gold firm; opened at 134t and closed at 1874; rates
paid for carrying per sent. down to per cent. and
nat. Governments are fraction off and close weak
tatons Coupon ss 1851 1ls4 1856 do 526's 1852,
1919 q 122; do 1864117a a i1E; do 1885, 119 a 1874
do new, Il6A @ 1885, do 1861 1851 q 1164; do 1868,
Border State bonds weak OH new Tennessees, high
er on North Caralinas and Louisanas and steady ON
the balance; Missour's, Ss4 q ss3; old Tennessee's
90 q 55i; Virginia's, 622 a 63.
The Stock market during the morning was buoy
anu OentIal bOOk lne lea, rising 10 III "a lI14 on
statements from Albany of report to the Senate of
the bill legaizng the so cent certificates and of
another for the consolidation of certain railroads.
Harlem rose to ISL a 1914, Hudson to 1853, Michigan
Southern to 1854 a 1881 Rock Island to 1891, Fort
WAYNE 140 q 14O4, North Western. common to 874
q s7f and do preferred to 998 a 991 Erie pressed
for sale at the lowest rate for some years. The rest
OF the list was strong but without notable feature
In the afternoon Stocks lower throughout on
sales to rsaize profits. Reading fell to 90l on re-
port that the strike at the Scranton mines was likely
to extend to the whole Anthracite REGION at lat
er hour the market again became firm and prices
about up to the highest figures of the day. with the
exception of some Western roads, on which the pre-
yious decline had been quite marked, viz, Rock Is
land, North Western, and Ohio and Mississippi The
market finally closed strong the demand continuing
active to the end OF the day. particularly for New
York Central which left off at 1772 a 177f The fol-
LOVING are $50 piices:-Pacifc Mail, 934 a 934;
Western Union Telegraph. 43A a 49,; New York
Central 177a 178 Erie, 29b a 29f; do preferred 51}
g 5st; Hudson, 1877 g '1559 Harlem, l5l g 1911;
Centrab 127 a 129 Michigan Southern, 1884 a 1888
Illinois Central 144d q 1859; Chicago & Rock Island,
1879 q 1873; Chicago & North Western, SCI q 81; do
preferred, 9s8 a 9S3.
The transfer books of the North Western Company
were closed to-day at O'Clock preparatory to the
next election.
The clearances at the Gold Exchange Bank to-day
amounted to $76,000,000.
The receipts at the Sub-Treasury to-day amount
754.775.
The disbursement of coin interest amounted to
S3Q5