The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-05-01
MONEY MARKET.

wednesday, hpru 0U-o =. M
There has been slight improvement in quotations for
stocks today with transactions to extent Norwich
and Worcester went up per cent; vicksburg |; Erie
Railroad !; Canton Long Island III Morris Canal /;
Mohawk /, Reading Railroad Illinois go, Housatonic
Railroad WILMINGTON Railroad, Harlem Railrosd and
Ohio al, closed firm at yesterday prices Pennsylvania
IS fell of per cent, and Kentucky ga T. This advance
has in measure been produced by anticipated reefin
the money market We have doubt bat that
the banks relieved from the restrictions the quarterly
reports place them UNDER they will extend their opera
tions, and to certain extent the market but the
position efcemmercia matters generally Is such, that the
banks will be compelled to very cautiously, and
the expectaons.of many stock operators will be dsap
pointed. We have not that faith in great and rapid
panson in the Of our city banks which many
have.
The most extraordinary feature Of stock market at
this moment is the steady hut gradual decline in such
stocks U. g. 6s Kentucky IS and Ohio "a, while the
worst ncies from day to-day advance decline a. the
cornerpg operators may dictate. The falling Of in the
really good State stocks csnnot be satisfactorily account
cd for the money Market under the most contracted
movements of the banks, has not been tight enough to
affect the value of really good securities The only
possibly assign for this state Of the market
is the unsettled condition Of foreign relations, and
the feverish feeling in the public mind upon the
Oregon and Mexican sfars. These questions will
continue 10 he agitated in private and in public,
and cannot look for any actual Improvement
10 stock or in any thing until they are settled.
Foreign exchanges close firm at our quotations. Draw
Of prime bills London asking 81 per cent pre-
MUM. but the market is literally supplied with good
bills at o. per cent The demand is active, and remit
tances to large amount will be made by this packet
At Mobile the 2sd inst there very little doing in
exchange, owing to the scarcity Of bills Sterling bills
v~s1. l~~s 4
II discount aud checks par discount. The bank
had been checking at discount. New Orleans check t
prem. State bank notes had improved and were quoted
at st discount with fair demand State bank notes in
this msrket selling at II as dis.
The Bank of ths state Of York has decla ed divi-
dend Of three per cent, payable on the 10th Of May.
The whale ship Hamilton Of Sag Harbor lost of Rio
Grande insured in this city for $40 00O Of which
$4,000 the vessel, and Sic 900 the cargo,
which but partially covers the loss.
Mr. John Rice, the former Pfesid emit, and VIM H Win.
Ter, indicted for conspiracy t. defraud the Norhamp
Bank of Alento had their trial last eek and
acquitted The failed the part Of the rrose-
cu'ion, 90 defence made
The Philadelphia money market continues without any
material alteration The hanks discount literally at sx
per cent while the rates Of doors from to
nine per cent. Relief notes a per cent discount
The attention OF those interested in the receipts Of pro
luce from the West BY the way Of the Erie Canal end
those interested in the preservation of the credit Of the
State end the productivenes of works Of internal
Improvement directed to the movements Of produce
hat work and the increase In the tolls this
pared with the corresponding periods last. The great
bulk Of produce, &C., is hardly under way. The CON-
paratve statements issuing from the collectors Office
Rochester show quite increase hns far in the receipts
this The tolls received for the FIRST eleven days
| Of each ssasen have been os annexed
| ERIg CAwAL-ToLLs Received At RocHEsrEn.
1914 Tolls received eleven days.. $50, 1876 Al
is45. Tolls received elevsn days. ...... A,l79 4s
Difference In favor Of le45 ........... ST. 9s2 90
This increase Is abou. fifteen per cent.
| Flour cleared at Rochester to evening of 26th
L lnAtaut. 10,tU& DOis
Flour clearee west of Rochester do do. 49I2O bills
Total flour passed weghlcck at Rochc7er s44ss bills
We annex tables showing the amount of produce, &C.
shipped from rochester up to the 25h nstsnt and the
quantity and character Of merchandise left at Rochester
/ IN