The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-05-04

BANK SHARES
Bank shares sold at ia for Merchants rs for Ham
over 92 for Fourth National and ll5I for Commerce.
The latest bids butchers and Drovers'
1856; Commerce. l15is; Corn Exchange 1870; First Ma
tional, 20o Fourth National, o.; Fulton. 145; In
portcrs' and Traders, 1893; Mercantile, no. Mer-
chants, ia; Merchants Exchange, s5; Ninth Ma
tional 80; Park, 1907 Republic, 7S,4; St. Nicholas 9a
THE LAKE SHORE
Tho full report Of the Lake Shore and Michigan
Southern Railway for the year 1875 distributed ON
the street to-day, and hardly confirms the colored
hue Of the Introductory remarks OF its President,
which we're recently published advance Of the an.
nual election Tho full report shows that. except by
largo reduction in its floating debt, amounting TO
ST. 1874 2i2 dividend could have paid out Of last
years. business The report variously interpreted
by the street, 1t being somewhat muddlcd The elcc-
ton took place at Cleveland to-day.
MILWAUKEE AND ST. PAUL
Tho Chicago, Milwaukee and ST. Paul Company to-
day reports earnings for 1878 and 1876 They com.
pare with those Of 1874 as ollows:-
Fourth week in April s2os,os5 sao,sl7 sos, 600
Month OF April. 49,. .42,o5l 6S9,669 650,e9l
January 10 April so 2,63o,245 1,esl,so9 2,ae3,2 a5
Increase 1875 for the week. $lS3, for April,
81, 275, and January 1891 4s6 Decrease from
1874 Tor The week, s5eos5 for April SOL, io7, and
since January, s36,, o0o
MEMORANDA
The Baltimore and OHIO road reports rates TO tho
West firm and unchanged for freight and passengers
Chicago telegram says the between the roads
leading East from that city stll continues.
II can be stated officially that the Grand Trunk
road Of Canada VII reduce passenger fare between
Boston and Chicago in few days 10 $12 There are
indications that other roads will follow suit.
IL is also generally believed that IN consequence or
the variance existing between the presidents OF the
Erie, New York Central and Baltimore and Ohio.
bitter will be inaugura,cd which will continue
through the summer and prove disastrous 10 all con-
ccrncd. A large falling OF OF receipts Is already
shown.
receversnip for tho Atlantic Mississippi and Ohio
Railroad has been postponed In the United States Cir
cult Court until the LIST of June.
The Loancrs Bank OF the city OF New York cicsed in
doors to-day, tho bank folks say because Of wan, Of
harmony IN the Board. The bank Is In the hands Of
John r. Hubbard. Nothing reliable be learned OF
It's condition, but rumor says has sufficient assets 10
NEE, all liabilities The Loancrs' Bank cleared through
the German American. There are rumors OF serious
internal troubles II was State bank. chartered by
special act OF the Legislature and allowed charge in
teres on loans above the legal rata
The National Currency Bank went out OF business on
the LIST inst
The Pacific Railroad Committee to-day agreed on =
bill prohibiting tho Union Pacific from charging any
special or greater rate tor transportation over the
bridge AZ Omaha than that charged for like distance
over other portions OF It's road; shall 1t charge
other companies than s. per car except for coal
salt grain and lumber, which charge shall be ~ 30 per
car.
SECURITIES AUCTION.
The following securities were sold at auction today
For account OF the trustees Of estate OF Mary X
Ray:-lo0 shares Bank OF America 500 each, III /;
% shares pnion National Bank so each 1885, Is shares
Gallatln National Bank $50 EACH l25; l0s shares Ma
tiona Butchers and Dfovers' Bank. $50 each, 1901 %
shares Long Island Bank. 500 each, Ill; 567 shares
Phcnix National Bans SO each. SIS e0A 10 shares
Bank OF New York National Banking Association 500
each, ll6A loo shares Nortn River Insurance Com
pany <25 each. 49, ~ ~ shares United New Jersey
Railroad and Canal Company, 500 each 1884, SIS. 900
American Dock Improvement Company seven per cent
coupon bonds. ls65, interest January and July, in
dorscd BY Central Railroad o. New Jersey, seh Nv
order of admuistr atof ~ COO CHICAGO MAvauke "a