The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-04-12
MONEY Nj RK EFT.


andt street. warranted to the hair from the face
neck arms and will not njure the skin.
MONEY MsRKET.
Thursday, April 11-8 p. M.
The stock market is generally improving Prices are
advancing and the sales indicate the existence of better
feeling among operators Norwich and Worcester ad
vaAced q per cent. Canton 1t Ohio 6s Vicksburg
Ii Mohawk / Farmers Trust t ; Pennsylvania ss fell
off a per cent Long Island do Harlem and Illinois
closed very firm at yesterdays quotations. The money
market Isl sensbly tightening The Banks calling
in their stock loans for two reasons. The first and
most important at this moment is, to enable them
to make favorable reports possible, and the
second is the prices for money among the bro
kers. When stocks advancing, operator will sub
nit to the payment of two per cent for
oan rather than have called in and be compelled to
sell his stock the market price, The banks take every
opportunity to do this they invent; the brokers'
many cases, submit to the best terms dictated There
h however greater demand for money for classes that
have heretofore made few applications for loans. The
commercial classes seeking discounts from the banks
quite extent Short paper is readily taken at 81
per cent at most of the banks
The New England Worsed Manufacturing Company
Of birmingham has declared semiannual dividend OF
ten per cent
The Neptune Insurance Company of Boston has de-.
clared dividend Of twelve per cent for the past six
months.
The stockholders Of the Washington Bank, Boston,
have concluded continue the business of the institution
and not wind up its affairs and divide its capital
templated.
Bonds of the City of Hartford sold in Boston yes
terday, at auction, as follows: -
$4,000 City Of Hartford stock in bonds Of $4,000 EACH
payable 1888 interest per cent payable semi annually
% per ct. advance
$4,000 City OF Hartford per cent stock payable May
1850, interest semiannually, per ct. advance.
$4,000 City of Hartford stock per cent paya-
bic annually In 1853 q per ct advance.
interest annually payable 1885, per ct. advance.
The receipts of specie New Orleans on the ID inst
amounted to $l64 $780, of which $751; 800 from New
York.
The receivers Of the Newburyport (Mass) Bank have
obtained order from the Supreme Court which VI i'll en-
able them close up affairs OF that institution and
make dividend among the creditors fall The re-
ceves have given notice to all persons holding bills of
said bank having other claims against said corporation
to present the for allowance before the 9th of
September to become entitled dividend of the assets
of the bank.
RECEIPTS THE WESTERLY (MAss.) RAILROAD FOR THE
WEEK ENDING APRIL o.
Passengers. '...........S4 37l SASS
Freight &c. ............... 1909 43i0
Total. .ss.64O $9,l2s
RECEIPTS ron THE FIRST THREE MONTHS, FOR THnKr
ls4a. $s5,9O5 1913, $sa,sl9 1874, slos $50
The receipts the Michigan Central Railroad this year.
compared W it'll last show enormous inc rease
Total receipts fer March, ls4s. ............$ 4oa7
io]f. S,SSo
Increase this year. ............ S5.S7t
The total receipts for three months ending the LIST
OF each year foows
1913, $li06l. ls44, $sl 5se 80. Gain. $40 52S
showing an increase Of nearly two hundred per cent
Receipts the Southern N;chgan) Raro 10 for March
to ,aoa
The rapid improvement in the receipts of the Railroad
crossing the peninsula connecting the waters of Lake
Huron with those OF Michigan evidence of ,hs i'm
porance Of the works. The communication with
the extreme wet by water, is obstructed long
alter the Lakes become navigabe, by the guam
tity Of ice that collects at the straits Of Micbili-
mackinac. This obstruction will be rendered Jlnimror-
tan by the completion Of the railroads through Mich
gan All the works Of internal improvement at thu, west
for the transportation of produce increase in value
with the growth of the country The immense imp rove
men shown in the above returns is but commence ment
Of what il must ultimately be- The amount of mer-
chandiseg ing west, and the of produce coming
east from the section Of country bordering on these i'm
provements is yearly ncreasing and to- what extent it
will reach is beyond all calculation During the session
OF the Michigan Legislature bills ere introduced pro-
posing the sale of their rail roads, They were d.fesed
Their possession WILL eventually prove source Of great
revenue The receipts will, in few years. than
pay the interest on the public debt Of the State
The Secretary Of the Treasury has transptted to tho
Senate the annual statement of the commerce. and nsvga
ton Of the United States The report is made up to June
80, lsi3.
EXPORTS FROM THE UNITED STATES: ron NrrE MONTHS.