The New York herald., 1870-09-28
FINANCIAL and COMMERCIAL.
WALL STREET,
TUESDAY, Sept. 27-6 p. NJ
ACTIVITY

TUESDAY, Sept 27-6 p. NJ
ACTIVITY.
There was general settling back to business To-
day, after the roc and merriment OF yesterday and
the brokers found little leisure and consequently had
little disposition for renewal Of the cephaloclasm
OF the previous day. Indeed pencil and paper were
in constant requisition, particularly in the early
hours of the day. when the activity was greatest.
Much Of this revival of business was due to the de-
claration OF
THE ROCK ISLAND DIVIDEND,
which was the great secret the street had been en-
deavorlng TO penetrate for month or two past.
The executive committee OF the directors met to
day and formally declared dividend OF four per cent
cash, payable on the 18th Of October, the transfer
books to close on the Sth OF October and reopen ON
the I'd OF November. The committee, moreover, de-
cided to issue million OF new stock IN accordance
with the request of the stockholders as voted last
June anu as authorized by the terms of organiza-
ton, which tx the capital stock at $ls 0O0 OOO The
present capital is s18.oOo,0oo The new stock will
be issued at the rate OF one share to sixteen to pre-
sent holders and the privilege OF subscribing at par
VIII be kept open until November l. when subscri.
bers VIII be given scrip negotiable for the new stock
| ON and after December1 The announo cement was
dampener to the "bulls," who expected very large
cash and scrip DIVIDEND but at the same time was
| lev ~ "S' iOhsiiSu Nv tnc "DearS," VINO tnOuEnt
the dividend would be only 311 per cent as SIX
months ago. AS It was the shares fell
| on TO JIG on the disappointment OF the
| "bulls," but here halted, owing to the
second sober thought that the division was equal ia
about i've per cent cash. The rest OF the market had
been very strong in the forenoon. but the decline II
| ROCK Island produced q reaction at the close hui
prices were steady In final street dealings and the
| market left or strong. The following were the
closing prices at the last session OF the Stock Ex
change:-Canton Company, ca bid; Consolidation
Coal. 80; Cumberland Iron, 35 Western Union, SO
35H; Quicksilver 51s 8; Mariposa, 5X a 8; DO
| preferred, 1l16 11I; Boston Water Power
| 10 Is; Adams Express, 665s q 66sI; Wells
Fargo Express, 3sM A; do, scrip, 2a1
a SO; American Express, AK 42k;
United States Express 36A q 36A; Pacific Mail,
433< 431a; New York Central consolidated, 92I a
92ss; do. Scrip s7k s7ss; Erie, % 23k; Harlem
l3sk a 1s4; Reading s6A 81; Michigan Central,
l194 bid; Lake Shore, 935. 93i4; Illinois Central
1856 1877; Cleveland and Pittsburg, 1869 1Oe1s
Chicago and Northwestern, s2Js SO; do, preferred
Ss1z SS4; Cleveland, Columbus, Cincinnati and
Indiana, 791a bid; New Jersey Central 1O6 a lOe1s
Rock Island, ll7,. i17a Milwaukee and st. Paul.
| 6SH 63%; do. preferred, 81. a S1x; Toledo
Wabash and Western, 81 a 529S; Fort Wayne, e2h
98><; Chicago and Alton, 1925 li2X OHIO ana Mis-
sissippi Ssf 3Sl<; st. Louis and Iron Mountain,
ASK bid; Delaware, Lackawanna and Western, 1881
a104; Norris and Essex, s9's 90; Hannibal and St
Joseph, III 1l21a; do, preferred, 1l3 114k Col
umbhs, Chicago, and Indiana Central, Tx TN.
| 81 si1Eg THE ExTREME P1uorU ATOMS.
The following were the highest and lowest prices
S.stx