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been sustained throughout the day by the effect of the meeting of railway presidents at Philadelphia It is not clear in what way the conclusion of a bargain between the four roads can benefit the Erie, whose officers areast that cheap fares have ser.ed its purpose better than high ones But the movements in stocks are past reasoning upon. As compared with yesterday New York Central declined this morning 1/4 a 3/8, and Reading %. The Western stocks were generally lower and dull. Rock Island was (lower; Galens, ½; Toledo, %; Milwaukie and Mississippi, %; Itllnois Central, %; Michigan Southorn, 3/1, ditto preterred, 3/4. The undoubted falling off in the earnings of these Western roads, and the unpromising prespect for the tall and winter, is telling upon them slowly but surely. In contrast to them we note a sale of New Jersey at the enormous figure of 126%. If this road can pay dividends on 125% and support the New Jerney Legislature bosides, as 12 does, how does it happen that nearly all the other roads in the country are tottering on the verge of banksuptcy? Pacific Mail opened at 921/4, an advance of ½ over yesterday price, rose to 92%, and then fell back to 92. The bolders express no uneasiness whatever at the schemes of the Nicaragua people. The business in bank stocks was somewhat larger than neual. We note an advance of 3/4 per cent in New York, and ½ per cent in American Exchange: Chatbam sold higher to day than heretofore, and Continental declined ½ por cent. The State stock and bond market WAS quiet, without change of price. Missouris $ond upward again; Ls Crosse bonds did not maintain themselves of yester day's price. We notice, by the way, & sale at auction this morning of $5,000 ten per cent income third mortgage bonds of the Chicago and Mississippi Refiread at five cents on the dollar. It is much to be regreited that our Western reads have been mort gaged to such an extent, and managed 80 that their bonds are worthlear. The business at the second board was moderate in emount and without charge in prices. New York Central was a shade better. The closing prices at Grossbeck & Hoyt's were:-Central, 793/2 a 79%; Erie, 18 a 18½; Reading, 48% A 49; Michigan Southern, 24½ a 24%; Pa nama, 113 a 113/2; Illinois Central, 74 B 743/2; Galena, 83 a 833/4; Rock Island, 721/4 & 72½; Tolado, 31% a 34½; Pa. citic Mall Steamship Company, 92 & 92% The exchanges at the Bank Clearing House to day were $16,483,296 28, and the balances $843,887 09. Metropoliten certificates $3,000. The Danbury and Norwalk Railroad has declared A semi-nual dividend of three per cent, payable on the 10th inet. The Bank Comptroller of Wisconsin has given notice that the Janesville City Bank, having failed to redeem its protested circulating notes, the trust funds deposited with the State will be sold, and applied pro rata to the redempdon of the same. The Illinois Central Railroad Company give notice that they will pay a further instalment on their outstanding notes and acceptances, on demand, at their office, No 50 Well street The Pennsylvania Railroad Company gives notice that the holders of second mortgage coupons, payable on the 1st of October proximo, can have them cashed on pre sentation at that office, less interest for the running time at the rate of five per cent per sonum. The earnings and expenses of the Harlem Railroad for the month of August wore as follows:-
