The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-05-06


PHILADELPHIA STOCKS
The following the Philadelphia stock quotations
It three O'Clock this day.
City skies. old. ACKNOWLEDGEMENTS. l04 -
United Companies Of New jersey. iss iSss
sPennsylvania Railroad. ............. sax ga
Philadelphia and Reading Railroad. 4sS a.
lehigh Valley Railroad. ............. 57S o.
philadelphia and Erie Railroad. 1880. 17s< l7T
Northern Central Railroad. .......... 34ss 34H
Lchgh Navigation. .....-.......... asa 46n
Lshigh Navigation Gold Loan. ....... lo3K loSN
sEx dividend
GOVERNMENT Roxpa
Government bonds closed At the following quota
Constituted States currency skies, l26 III;
DO skies, 1881, registered l2lx lsl,s; do do. do,
coupon. 1924 l22h; do. d. 1866, registered, max
: ll4A; do do do, coupon, ll4h 114Z; do. do,
do, new, registered 1854 l19; do. do, do, do,
coupon, 1854 llS7s do do, 1867, registered 1905
l2l,s do. do, do coupon, 1904 III; do. do 1868,
registered, l22ts 123; do do, do, coupon, l221l q
LIS; do do, ten-fortcs, registered, 117A u.s. do.
do, do coupon, lists llsx; do nves, 1881, regis
tered, ll7k 1l71 do do, do, coupon, ll77s
NY
INVESTMENT SECURITIES
Investment shares brought tho following pricos:-
Psburg and Fort Wayne, 102 l025s New York and
New Haven, 1866; Morris and Essex 104 103h; c.,
T., q. ind l., As Delaware, Lackawanna and Western
1915 lOSts lo71z Rock Island l0lsS 1o4 lO4h;
New Jersey Central, 90,l ao6 oeA Illinois Central or
Adams Express 100; American, 81 Delaware and Hud-
son, li2,s 1921; Now York Central, ITO lloA.
RAILWAY BONDS
Railway bonds were little moro active than ycstcr-
aay and prices. where changed lower the great
Ist decline having been Michigan Central sevens'
IA cent Cedar falls and Minnesota frsts declined
! per cent, Great Western second mortgage u per
sent Chicago and Northwestern consolidated II per
tout, and Milwaukee and st. Paul Tia Crosse dyison)
u. Milwaukee and ST. Paul Tia Crosse divsion) sold
It l02, and do. consolidated sinking fund at So
The other transactions were generally in small
amounts. In the afternoon dealings, Michigan Central
sights sold at H. Albany and Susquchanna
iO6ts Northwest consolidated 102 1929, Western
Pachcs at %, aud Central Pacific at 1861.
The following the closing quotations for Pacific
railroad bonds:-Union Pacific Grsts los3S u lo41s;
Union Pacific, land grants 1904 l00x do, SINKING
funds, 81 u 9ls4; Centrals, l06A 1861.
CENTRAL EARNINGS.
The following the official report OF the earnings
md expenses OF the Michigan Central during March,:
Expenses. 3SS, $50 IL
Net earnings $l95, sol 40
STATE bonds
In State bonds Missouri Hannibal and ST Joe ISSUE
sold at 1906 Tennessee old and new series at 4oz
AL
BANK SHARES.
The following were the bids to-day for city bapk
sharcs:-Amercan Exchange 100; Commerce l15IS;
Corn Exchange, 131; Fourth National 81; Hanover
20; Importers and Traders. 100; Market, 1l2; Mcr-
Chants, hay; New York, ia; Ninth National, SO;
Park, 100; Republic, 75 St. Nicholas %.
snoRE RAILWAY.
A morning journal calls attention to the fact that
the liabilities Of the Lake Shore and Michigan Southern
railway wcrc reduced during last year Sill, 25S but
falls to state that it was largely caused by reduction
Of the dividend from 31 per cent 70 2k per cent
The floating debt of the company the Slst December
each year compares as follows
Dividend payable February LIST. s,oa4ase slols,o os
December liabilities, payable in
january. ................... 833, 225 740, 298
Totals. 81 4s7, sol 1850 aoa
80 II seems that OF tho $7l 25s reduction s61s ss
due 10 the directors not declaring over Der cent
dividend
RAILROAD WAR
Notwithstanding the personal denial by railroad
officials that freight on West bound freight have
not been reduced consequence Of the recently uau
Euratcd hostilitics II Is true that private contracts
have been for some time made much lower than the
schedule prices and the present moment the induce
nents to the shipper are more generous than ever
Il is said that 1.-THE officials OF the Baltimore and
bc.confncd entirely to East bound ireights and pas
scnger rates. the companies cannot afford TO cut on
both East and West bound rcghts passenger rate
They would be unable to hold for any cncth Of
time, MS all the money would be going out and none
coming In. The Eastern bound freight rates are rang
ing from 15c. to LOG to-day rs compared with as
cents ten days ago. Six hundred car loads OF freight
arrived by the New York Central to-day at an average
81 20 cents, while they despatched westward yester
day 260 car loads y
MINING NEWS
Tho New Amadcn Quicksilver Mines have yielded
Go6,4s3 TASKS Of quicksilver, weighing 4o3oa ga
pounds since the 1853 These are near San
jose, CaL 300 feet deep and employ about COO men,
From January, 1864, TO December, 1875 tho mining
work amounted to 12s, 7s4 feet, costing 81 600 600
Mr.. Edward Barron has resigned the presidency OF
the Consolidated Virginia Mining Company and is sue
ceeded by Mr.. c II. Fish, the former secretary
The main shaft of tho Julia Mine is 1920 fcot deem
and is now the deepest vertical shat on tho Comstock
lode.
Tho treasure shipped from San Francisco during the
present year amounts to sl2, los, Coz
The Meadow Valley Mining Company has levied an
assessment OF 81 per share delinquent June 4
II Is announced that the Hukiil Mine, located near
Idaho, Gpin county Co.. has been sold for 5000 o0o
and $4,000 paid down.
Owners Of mines expecting great advantages from
the various methods Of ore treatment introduced
within the past few months BY some OF these large
quantities OF metal have been taken from ores that
OF no practical value under processes previously
in The theory is put forth by one OF the inventors
that all elements that unite with tho precious metals
oxidizable and be destroyed IL the orc Is sub
jccted to sufficient heat This process superscdcs the
OF stamp mills and amalramaton pans, and by
preventing tho Touring Of mercury large an
nua saving.
NEW YORK STOCK EXCHANGE SALES