The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-08-01
AND COMMERCIAL.

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SATURDAY. July s1-8P. IL
tho death OF Mr.. Henry Keep late President OF Tho
Chicago ana Northwestern Railway and prominent
participant In the active business Of Wall street. was
announced ut the Of the Stock Exchange this
morning, whereapOn an adjournment was had aud
the regular order Of business entirely suspended the
further dealings In stocks being confined to the Long
Room and the street. Tho natural tendency of tho
market to duiness assisted by this adjournment
and tho street wore semth0liday appearance, 10
which the half masted nag on the Stock Exchange
contributed. AT che meeting Of the board Messrs.S.
V. White Rufus Hatch ana f. 8. MunrOe were APP
pointed to draft suitable resolutions which they
subsequently presented ut special meeting In the
Long Room. as f0ll0ws:--
Whereas the New York Stock Exchange has
learned with profound sOrrOw OF the decease OF
Henry Keep ono oi Its members and are deslrops OF
expressing their sense Of the deep loss which they,
tanned by his death, IL IL hereby
Resolved That In the death OF Mr.. Keep the public
terprslng men Of this age-one who oy Q farEeacn-
ting view Of the finances and resources Of this nation
nad done e. much as any other TO develop The ma.
Resolved. That while this board mourn him a
rightness IN dealing had endsAred hinsslf 70 the
business world In most remarkable degree, they
tina: me ami Of the
nictiOn which any words OF sympathy are made.
Quato to portray, and that we can but express DUR
appreciation OF 'neir loss. and m'ngie our sorrow
Received That the Secretary be instructed to
records or the board, ana copy suitably enxrossed,
to be forwarded to tho ramiiy Of the deceased and
Of the same TO pubic press
In the stock market the dealings were quite large
in the shares which have been 20 long identified
with tho deceased gentleman tho fatal character OF
whose illness had been generally suspected. Exten-
speculative sales OF the stock had been made on
this account, for Wall street In its business deals
with facts, harsh and cruel as II may under some
circumstances appear. Northwestern common at
time went OF to 70, since the administration OF
Mr. Keep. For some weeks before his death 1t had
been steady between 70 and 30. Yesterday it touched
81 and to-day sngularly enough IL rose to S3z. 1t
is said that Mr. Daniel Drew who LETT the street after
his Vanderbilt and Erie battles. has been yearning
for the old object Of his ambition-ratway manage
ment and stock operations. He and prominent
Broadway firm are supposed TO be the purchasers OF
nearly all the Northwest stock sold 'shOrt" within
the last month. 1t WAS the discovery OF this fact TO-
day that led to the sharp upward turn In the after
noon. The Vanderbilt stocks were heavy after Cen.
tral had touched 2151, and dull Central declined
to 213 with dividend and zoe cx-dividend but was
frmer ct the close. Chicago and Alton was active
and to 1904 but fell back to l67. Reading was
weak, and sold down 10 95, but recovered with the
Hrmer market In the afternoon The ST. Paul stocks
were strong. The adjournment Of the board left
quotations somewhat indefinite, but the following
the latest, including the final street prices for
the leading shares:-Canton, 59Js: Boston Water
Power, 157S; Cumberland SO a "a; Wells Fargo Ex-
press, 2lSs Did, Adams Express, 591s bid; American
Express. Al Il 4a&; United States Express, 70;
1873; Pacific Maui, s4ss q s4st; Western Union
Telegraph, 37A 371a; New York Central ex
dividend, 2Os7s a 2l0; Marlposa common, Sc .;
Mariposa certificates, 40 o 5o Hudson River, 1861 Il
1877; Harlem, I62 l64; Erie, 2sa4 49, Reading, 97s
975s; Milwaukee and st. Paul, 1875 1874; do. pre-
ferred, SsA a Ssk Boston, Hartford and Erie.
2lX 22,x; Ohio and Mississippi 80, 321z; Fort
Wayne, 1888 154; Michigan Central, 1872; Michigan
Southern, 1861 1854; Illinois Central I412S a I42;
Cleveland and PNtsburg, lo7 lo7x; Chicago
and Alton, 1895 Rock Island. 1i4ss HAS; North
western. SO a $50; DO. preferred, 96A 9a1
Cleveland, Columbus aud Cincinnati, z2}, a "a
The weekly bank statement Is unfavorabe, and
the changes in some instances puzzling II not unac-
countabe. The loss in specie is over two mill ons
despite the slight shipments Of the week. The de-
p0sits have Increased nearly three millions, COM
prising the loans, which have been increased a mil
lion, and the legal tenders, which have Increased
eighteen hundred thousand dollars The loss in re-
serve Is and the decrease 10 the
the legal figure l,0657s2 The following the las,
two Statements c0nfrasfed.-