The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-03-24
co NJ d ERCIAL AFFAIRS.
MONEY MARKET
Thursday, March Z,

The stock market opened heavy this nCIlII md
prices fell OF fraction. The sales to a limited
extent and there ared very little disposition put
stocks upon the market At the first board Long Island
declined per cent; Canton AZ Fsrmers' Loan NJ Har-
lem u; Reading Railroad 4; Norwich and Worcester
Il; Morris Canal u; Treasury Notes u; Pennsylvania
SIS improved q per cent being the only stock in the list
that advanced
- At the second board Harlem went up per cent? all
others closed at prices current in the morning
The demand for foreign exchange has been very
moderate as yet, for tho packet leaving Saturday
We qnote bills London at Ga ga per cent premium;
on Paris ST 80 ST 27a; Amsterdam 4ol 401S; Ham.
burg 351l 35A; Brgmen 7sk 7sA. The position Of
affairs in Europe at the latest dates hiss thrown every
thing here into the utmost confusior, and thoso having
remittances to make hardly know what to DO. Those
engaged in the French trade in quanaary
and ere anxously looking for ths next steamer. The
bulls and bears In Wall street waiting with the most
intense anxiety further advices from Europe and tho
daily report of sales shows very small amount of bust
This indicates sn impression among holders that
the next accounts will be favorable than tho last
1t would however, be well to be prepared for the wort
The southsry AMI south-sas.esly winds which have
previ for several days past have brought into port
fleet OF vessels from all parts Of the world Within
the past three four days. five vessels have arrived from
Chinawh csrgoes of teas and silks valued at about
million of dollars; there six momsntarily
peeted with full and valuable cargoeo These ships have
becnhurred along in consequence Of the agitation the
taft qlestiop and the possibility of duty b.ing levied
upon tea As tact question Is put to res nothing
is be Cpprcended; and the additions to the stock of
tea have been great that If they forced upon the
market prices must give wsy very materially Several
European packets have arrived within the past few
days. with full cargoco This Is calculated to ewell the
Imports for this week. and increase the aggregate for
49, xoAt1 If
imports orthe corresponding month in lsi7, being
ceeded this.
The exports from thi, port this year, have been
paratively exceedingly limited. The annexed table
hbits tho quantity OF certain articles exported fer the
week ending tho 18Th inst showing ALSO the extent Of
the shipments to each country:-
EXPORTS PoRr New YORK.
r. Great Bitein 355 bbs pork ~ Ill lbs oil cake;
675 bb!s. beef 7533a lbs oheesa 672 oil 90 hams;
800 10 DO lart l6 ts6 bush corn Is 0l lbs. clover
73o do. rosn IS I+2 gals Bpirts turpentine do.
Whale OIL 800 bbl' meal 34ea bales cottou 1913 gals
sperm oil
To Framcc 2O6 bbls pork II $40 b, lard 1866 bale,
cotton; 1907 lbs whaleoono.
To spanish Wes Indies. 40 tierccs rioe bols pork;
TO 50 Domingo AGO bbls horr; 1915 lbs hams; 10
bbls beef lao bbls pork hhds tobacco; 90 cases to-
bscoo 1904 lbs lard 5l07 lbs cheese SO terc:s ricei
TO Danish Vest Lndies-4Oo bbls -four; lss bushels
beans Sc; 20 tierccs rioe
"
pork; 256 bbls meal; lis bbls bread 4s6 bush. corr;
2o bush oats; II OF lbs. oil cake; isis lbs cheese SO
bbls beef 1911 lbs butter; 407 lbs tobacco manu 1913
lbs lard; l442 lbs. butter
TO British North .qmerieon Coiones.s15 bbs. flour;
10 bbs rys -four; hbds tobacco 3l05 bush wheat 9Oi
bbls meal III tierces rice; l60 bush corn.
To Dutch Vest Indies.-45o bbl, -four; 40 bbls meal;
IS bb3 besf; tiercss rice 295 gals whale Oil; Sc
bbis bread; 90 bbls. rye -four.
Last year at thi, time every packet for Europe was
oaded to the waist feghs ranged excessively high and
the greatest activity prevailed among shippers The
demand for vessels to carry bresdsus to Europe
extensive that everything thst could aoat pressed
into service. Now packets do not more than half
filed and freghts rus ruinousy low with very litts
prospect of any immediate improvement.
The Mansfield and sandu.ky Railroad appears to DO
in very furnishing lton. The read is 1fy miles
inlength, commencing at Sandusky City, on Lake Eric,
aud extending TO Mansfield. in Richland county. The
State, believe has interest in the stock This
read opened It's entire length In June, 1916 and it,
earnings for 1916 put down at expenses o.
running and repairs SIT ;37 net receipts s2s O6i, Of
which s7 o applied to the pay ment of interest on
debts Of the company. In lsi7, the earnings were
SsS40s-expsnscs of running and repairs sa3 997-net
receipts SOL 406, Of which SIS 407 applied to the
payment of interest
The company hassix locomotives, two first class pas.
sepger cars eight wheeled and SO four wheeled freieh
cars 60 four VIII" cars the capacity Of $50 bushels
each Tho warehouses used by the company to be
OF liberal capacity AMI number, but appear not to be
owned by the company.
The cost of the road is stated at s7oalI machinery
and 5lOi 4is total, SsOs 800 Capital stock $3.50.
ooo indebtedness $ss7 ass total sss7 ass Availabls
assets SO 1903 The company is authorized by recent
sct OF tie Leg,oturo TO increase lis capital stock to
100000.
The number ofpasseugers conveyed Ia 1916 wa. SOB;
in 1917 20 1871 In 1915 buhels Of wheat SOC a56 This
item Of transpostst increased TO 50l osi buhss
ia 1917 In 1876 500 barrels of salt ls47 6i3 Flour
ia 1896 Ii 1913 barrels; in lsi7 1898 Other items
including Seeds pork, butter lard, wood oranberries
So, show large and prosperous business