The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-05-10

MONEY MARKET.

MONEY MARKET.
Saturday, May 90 p. M.
Mexican news, received in the street early this
ing depressed prices very materially and specula-
we're undecided how to act II Is fine times for the
and the probability is that prices will touch much
level The anxiety for further news from the Rio
de increases and the greatest excitement prevails in
'isl and commercial circles Where this matter will
| 20 one pretends to predict
the opening Of the first board this morning the ten.
OF prices was upwards, and some sales were made
advance on yesterdays prices; but before the ad-
ment, the Mexican news cameto hand. and general
ne was experienced Long Island fell of per cent;
'm, t; Reading Railroad, 1; Norwich and worces-
!; Canton. I; Morris Canal. I; Farmers Loan and
'yivania So, advanced I per cent; and Ohio SIS
firm at yesterdays prices.
the second board quotations for the fances declined
arther' and the market closed very heavy.
irious $5's Of the Thames Bank Norwich. Connect
re in circulation, L. Brewer, Cashier, Edward WIFI
President; supposed to be altered from the Tenth
Bank New York. Plate engraved by Danforth,
! rwood & Co., New York Underwood, Bald, Spen-
Hufty. Philadelphia. The vignette, female holding
ping infant-end pieces Scion and female with book
:, bottom Of the bill train Of cars.l
rcceipslof the Central Railroad, Michigan for Sc
periodslhave becn'as annexed :
c.s:.:.'h1 5':sss Fs s:::s: H. Total,
':;; z$$: IS; IS,
.llns;percsivedbyit statement fhat theIrecepts
e'period included, inis45 wersl very limited lcom.
with those for the previous year. This decrease
wing to deficient harvests of 1885, and the limited
mt ofproduce &c. coming to market This:year.the
pts SO far have.been very. large Ishowng aper cent
ase almost unprecedented in theistory of railroads
freightngl businessTof this road appcarsltob be tho
cstsso !oflincome. passenger !rccepts
in lme.oe asveryiimpotantttem.l ahs
e!LegslatureSof NEUTRALITY-SUSPICIOUS. eSaic
above road to company Of Eastern capitalists; but
ne passage OF the law, there has been an indirect
made by some ofthose Interested to back out, up
lea that the probable passage of the Independent
~ Bill, viii compel them to husband their resour.
The idea Of attributing such things to Incorporation
independent treasury bill is absurd, and is more
oar with small potato politicians, than anything else
aists should know, and most Of them do know, that
option Of any new financial system ON the part of
government, no matter how restrictive it may be in
serstion. can have no very great effect upon their
~ments, SO long o. they are confined to legitimate
lcL
his case, we look upon the probable passage of the
endent treasury bill, the strongest argument in
OF securing the road upon the conditions offered by
ate. BY the terms of purchase, certain kind of
bonds were made, receivable in payment at their
and the remainder of the bonds-thosc set aaoat by
forris Canal and Banking Company as the agent of
nte, and sold to the United States Bank-werc made
able at the amount, with interest added which the
had received for them. All the bonds can be pur.
below their par value, and the establishment of
dependent treasury BILL if it would depreciate the
OF any stocks, would depreciate those Of delin-
States. The difficulties surrounding us on all
in our foreign relations, and in financial affairs
more to the injury and depreciation Of State stocks
market, than any other; while on the other hand,
ad stocks and those having more fixed value,
4 would not be as much affected by any rupture in
oreign relations are at present more desirable in
ents. In this view, we consider that an exchange
chigan bonds for Michigan railroads, must appear
vorabe TO- those interested that they will not per-
he present opportunity to pass without availing
elves of 1t.
i'll passed. the House Of Representatives, of Michi,
m the 4th instant constituting certain State officers
lrd Of Sale Of the public works. In case the rail
are not taken by the proposed purchasers they are
rzcd to sell them to Others on the same terms and
he same privileges
Governor has vetoed the bills to incorporate the
Haven and Lake Michigan Railroad Company to
! the charter of the Troy Rochester Railroad,
incorporate the Flint & Saginaw Navigation Com
annex comparative table Of the aggregate re.
in Cincinnati, Of leading articles, by river canals
ilroads from September to May Grst in each Of the
wn yaars