The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-04-26
MONEY MARKET.
Saturday. Auril 2H-R ID NJ

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The Stock Market is again improving. Prices are up
to-day and the sales of the railroad stocks were large
Long Island went upi Canton, Harlem, I; Reading
Railroad, IL Morris Canal and Ohio 6's, I Nor
witch Worcester and Pennsylvania S. closed at yes.
tsrdays prices The money market il decidedly easier,
and quotations for stocks cannot fail to advance.
AT the Second Board prices recovered all they lost res
terday afternoon and Of the railroad stocks ruled
little above quotations at the close on Friday
These slight reactions strengthen spectators and in
sure more permanency in the improvement Afterwards
realized The banks close their quarterly reports on
Thursday next and is possible the money market in
the early part of next week. may be little tighter than
experienced for some time past but the contraction will
only be temporary and would not surprise u.s. the
banks after the first Of May let out their loans literally
and We sxperiencs between this and the time for
another contraction, very considerable speculation in
stocks There has recently been very great change
10 the character Of the holders of these securities The
contraction in the money market has compsllsd many
weak holders to SELL and the present owners have more
capital have purchased at low prices and are therefore
more ablvto hold The bears cannot fighen those ope
rators a they have frequently the regular bulls in
the market a. they afford to hold over and are not
compelled to force them or Tho bulls now are in fact
the party and It 10 not impossible but that they
viii carry prices nearly to the point from which they
fell.
There s as yet very little doing in foreign exchanges
The packet ofthe lat OF May from Boston for Liverpool
will probably take out remittances to large amount a.
many who have put of their payments on the other side
long possible Of the contracted state OF
the money market this, will doubt avail themselves
Of the slight improvement to make rsmittancss Sterling
bills we now quote below ter per cent premium but IN
the event OF very active demand springng up for bills
the rates win doubtless 90 above that point
The inportatons recently have been more limited than
usual while our exports have been unusually large for
the season Since the receipt Of recent advces from
Europe, quotations for cotton in this market have ap
preached nearer those current in Liverpool and the
ports of this staple will therefore increase a. they can
be made more probably. The more prices become
equazed, the greater the probability Of larger ship
msnts and reduction in theiprsmium for foreign sx
changes In consequence the high range Of prices In
this market for principal staple sxpors compared
with that in Liverpool exports within the past eight
months, compapd with the corresponding period the
year previous show falling OF in value Of about ten
millions OF dollars In the face OF his deficiency In
export trade there has been increass In import
trade which produced balance against u.s. requiring
large remit.ances to reduce.
We the current quotations for foreign and DO
nestle exchange, for money, and for specie
FoRrIeN ERcHAroE.
On London. s%a10 Amsterdam. 3ssSa3oA