The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-03-29
FOL 3 Wsb lei n. ex....
Tol 4 w LIST m. st L div.
Tol 4 Wab I'd m &C.,.
Tol n Wab equip BIDS. -.
FOL a w cons couv

TO MaS e % sa:. cs s. f saGss
FOL cons 80 Cev.Panesv'leAAsh.oi old 90
NEW YORK AND oswEGo MIDLAND RAILROAD.
At the meeting Of this company at oswego, on
Tuesday, the President Mr.. Littlejohn, read the
annual report OF which the following Is svnopsis:
After giving cost, miles in operation ana rolling
stock in use, he SAID the total receipts or the road
since op ming was $l3, AGO. Three hundred miles
OF telegraph belonging TO the road Is In OPERATION
and the receipts aside from the business OF the CON-
PAW, pay running expenses. The milk trains
through New Jersey, he stated were worth 10 the
Midland about $3.50 oOo and these trains will be rum
ming by May He was opposed to the election OF
ran sa ~ or oe @ Ht
lature becomes law partisans would control the
elections and in many cases loafers would run In
gang OF hirelings IN many OF the towns. and NOM
mate one OF their number who would not be MT Tor
town constable. The iron IS all purchased, and
there Is route three ships from Wales loaded
with steelfaced rails for the Midland. He hoped
to get through TO New York by August. but could
not say definitely, as unforeseen circumstances may
fnterpose. In speaking OF the future Of the road,
he said In the second year OF through running, not
only the interest, but fair dividend. would be paid.
The receipts for carrying coal amounted 10 but
$4,000 instead OF $780, co., nut he was rot inclined
to complain, for the trade was one which could be
relied upon, and must materially increase.
on motion the meeting proceeded to elect direc-
tors and inspectors for year 1872, with the fol-
lowing resut:-D. c. Litteionn, Cheney Ames
william Foster, d. W. c. Stephens, J. W. Merchant
e. T. hayes, John A. Randall, John r. Clarke
Henry +. Bartlett, A. G. Edgerton, Edward Palen,
Elisha p. Wheeler. II. r. Low.
MISCELLANEOUS.
The annual meeting of the stockholders OF the
Lake Shore and Michigan Southern Railway Com.
pany Tor the election Of directors for the ensuing
year, and for the transaction OF other business, Will
be held In Cleveland, on Wednesday, the LIST OF May
The transfer books Will be closed on the 3oth Of
March and will reopen on the I'd OF May.
The earnings OF the Milwaukee and st. Paul Rail-
IN Mor fol
lows:-ls72 ss4S2s; 1877, SO, 734 increase, s5os4
At the annual meeting OF the stockholders OF the
Derby Coal Company OF Pennsylvania, held at
Pnnipsburg, Pa on the Goth inst board Of direct
ors was elected and organized as folows:-Y. Casa
nova President A. M. Soteldo, Vice President; P. O.
Casanova, Treasurer; M. Munoz Castro, Secretary;
william Girod, William A. Gibson, Felix McCl0skey
At q special meeting OF the Board A. M Soteldo
was unanimously appointed general manager.
THE HOLIDAY TOMORROW.
Good Friday VIII be observed strictly as holiday
by the Stock Exchange and Colo Board, but the
banks and bankers Will be under the necessity or
remaining open usual until three O'Clock, to pro-
vide the payment OF drafts and similar demands
upon them.
STOCKS STRONG AND ACTIVE
The stock market was strong and the business
more evenly distributed, now that Erie has become
less specially The accession Of new men and
money In the market Is readily observable both In
the vista of faces In the gallery end corridors OF
| the stock Exchange and in the busy buying by
| many brokers who had been long complaining of the
| duness of the stock. So far we may Judge from
the indications OF the past few days. the inside or
professional SPECTATORS are selling and the out
siders are puying. reversing the precedent OF last
year. when the wealthy cliques were buying heavily
all the way up to the time OF the Chicago panic,
while the outsiders taking the HERALDs advice,
sold their stocks in the spring and early summer
ana went IN the country. Hundreds OF persons
have made money by the rise in Erie, and the
friends who know OF their good luck are down in
Wall street to double their winnings ana to specu-
late anew. 1t is THIS great popular accession OF buy
ers which has advanced prices the past few days in
face OF the sales OF pool stock. The features
to-day have been many that they are hard to give
in detail. New York Central rose "a per cent, rep
resenting the more conservative ana legitimate
inquiry In connection with the bush feeling Of the
community, ana Lake Shore per cent. As to New
York Central, report was in circulation that the
rise was particularly due to sudden development
OF activity in the shares in the London market,
where they have been for years quiet favorte with
many dealers. Pacific Mail closed with rise to
e3N because OF the initiation IN the Senate Of O
movement to give the company the subsidy
| asked for. Erie fuctuated between the limits
| OF 81 and so, following therein the fluctuations
In London The agreement for sale Of $1,000
shares OF Erie at 55 has been duly ratified between
Messrs Daniel Drew and Duncan, Sherman 4 Co.,
and deposit OF ten per cent made in the Trust
Company to be Increased to twenty per cent on the
demand OF either party should the price luctuate
in manner to require the safeguard OF additional
margin. The stock must be delivered during 1872
the option having been "seller the year" and not
.seiler year." as was at first reported. making
the possible duration Of the contract therefore.
only little over nine months.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest