Year: 1859

In New York to-day Illinois Central bonds declined
per cent Virginia 6's \; New York Central q Canton
Erie, Cleveland and Toledo, and Gaena and Chicago
each; and Rock Island, and Michigan Southern 4 each
Reading declined at the first Board 4 but advanced
again at the second Board s. and Missouri 6s and Mich
igan Southern guaranteed closed at yesterdays


The New York Tribune of to-day says:


The of interest continue to have an upward te
dency which the banks aiding to the their
ability Some of them decline to lower discount below
per cent but private capital be still on demand
at per cent Paper although quite scarce, per
cent dearer within fortnight, the being say per
cent with but few names going below per cent Gilt
cent The supply of money is ample, the movement on
Change being in the advance of rates.


The market for foreign bills for the Saturday packets
has scarcely opened, but Sterling has downward ten
dency, and bankers signatures 40 per cent net


The consultation between the Central, Hudson River
and Erie Roads were continued Thursday no
rangement has been arrived at 1t is understood that the
Central has made proposition for the consideration
the Erie Board which there is prospect will be ac-
ceped Both parties seem sincerely desrous arriving
at an amicabe understanding and the Southern lines we
are ready to assent to reasonable
ton.


The Herald on the contrary in speaking of the Railroad
Convention, says:


The representatives Of the New York Central and Erie
have been all day Thursday in session olsen the
points at issue between the roads on the subject of
cattle and passenger fares they agreed without difficulty
but when freighs the Central refused IN
any change till the Southern roads his views This
the Southern lines refused do to-day the President
the Pennsylvania positively declines to negotiate
further on the basis insisted by the New York
Central The Conference therefore adjourned sine die
As the matter stands the fight will be renewed with more
vlsor thah ever; and until the loss Of Sl25OOO month
brings of the companies to reason will be no
prospect of a settlement


At Philadelphia the money transactions on the street


are o numerous nut more scrutiny and higher rates
characteristic Of he market Rates rule to per cent
for prime paper The banks are holding tight rein
their discount line and quite large paper is
refused at each and all of them.


In the case of the Cumberland Coal Iron Company
against Allen NJ Sherman, William Dean and the Ho
man Steam Coal Company of Aegany county, in the
Circuit Court of Alegany county Maryland
ants moved to dissolve the injunction granted expare
the case. The fully argued weeks since
Judg Perry gave his decision Wednesday, making the
njuntion perpetual The decision is in accordance
with TIE decision and opinion Judge Davies given
winter in the same in the Supreme Court of New
York


The earnings of the Ohio and Mississippi road in April
1859 $32 634 81 against S132 04 April of last
year.


The most Of the Western railroads are far
from encouraging. The Michigan Southern second
week of May, shows receipt of only $50 500 which will
give for the whole month about s3OO0O against S1s2 500
IN May of last year-a deficiency of S525OO The Mch
gan Central earned in May of last year SlshOO The
crease the first week of s17 600 would give deficiency
this May of 100000. The Chicago and Rock Island
in 1858 ~ F'


THE Wool MAREET.-An intelligent correspondent
sends us the annexed remarks and speculatons upon
Wool market:


The stock of Domestic Fleece Wool in the market is
small but sufficient for the Manufacturers are
well stocked having been induced to buy largely in the
Fa and Winter, from fear of short supply Most Man
uacturers have stock to their machinary until Sep
tember The stock of Foreign Wool is larger than for
several years and it from markets in better con
dton and of better staple than before this
pecaliy true of the Cape and Mestizo Wools they
consequence take the place of Domestic Fleece great
er extent than usual. The will undoubtedly reduce
the price of woods on the Continent and in England very
materially it has had that effect already and we an
tcpae that the London sales this month will show fur
ther decline. The growers holding the new clip at
very high prices-so high that manufacturers cannot
take 1t without certain loss present prices goods
There no prospect for advance in prsef goods on
the contrary the large of goods the war
will cause to be shipped here for sale foreign
nsures low prices for this AT prices paid the prow
last year for woOs manufacturers NAV safe from
loss but have not much chance for proft'-NY Y Tri6