The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-06-16
C0MAERCIAL AFFAIRS.
MONEY MARKET.
Thursday. June 1915


h MONEY MARKET.
Thursday, June 1916 p. Nj.
There was no material alteration in quotations for
stocks to- day With limited transactions prices were
pretty well maintained. At the first board, Harlem
advanced u per cent; Norwich and Worcester II Long
Island fell off III Reading "a Treasury notes closed
at prices current yesterday After the adjournment
Of the board, prices dropped and sales were made at
decline of one quarter per cent all round.
The quantity and value of domestic cotton goods ex-
ported from the port Of Boston foreign countries
for the two weeks ending June 10TH were as annex
| eds
DOMESTIC CoTroN GooDs EXPORTED FROM BosroN.
To South America. 1914 packages, value. .$76326
east l ds w.. &C.. es9 do DO 42 ss
Total. .............3 1904 do do :. 123, 565
During the month of May, there no shipments
to South America The shipments thus far this month,
to those ports exceed those to any other part of the
world The expectation Of cotton goods from Boston
this year, has been large, compared with the Pc
Rod in any previous year; this attribute to two
causes-frst the reduced price of the raw material
and consequently reduced cost Of manufacture; and
second to the reduced supply Of foreign manufactures
Of similar descriptions in the markets of the East In
dies, South America &C. &C.
! The steamship Niagara, from Boston for Liverpool
carried ont $93o42 in specie and the steamship Ame
RIGA, from Liverpool brought about 5000 in specie
The coinage at the mint in New Orleans, for the
month ending May 81, was $1,000 in gold and $4,000
in silver.
The financial condition of the State of Indiana is
almost hopeless We learn that the interest on that
portion Of the debt assumed by the State upon which
four per cent interest to be paid in cash. semi
annually, and the balance per cent to be paid in
scrip in any other way the legislature may deter
mine upon, will not probably be paid next month AZ
ter partially repudating part of the public debt by
throwing the responsibility from the State upon the
half-nnished canal, compelling the bondholders to
take that none the State will probably after making
two semann payments Of two per cent each fail
to make third 1t is possible portion of the TIVE
per cent due the LIST of July may be paid but it is
at present doubtful.
1t appears that the floating debt Of the State is
large and that this debt is in the shape Of Treasury
notes. in circulation in all parts of the State receiv
able at the State Treasury in payment of taxes These
| Treasury notes have large amount Of interest
accumulated on them, and are much deprecated in
the market and are, therefore, paid into the Trea-
| sufy for taxes &C.. to large amount. This cuts
down the actual or available revenue of the State,
to small sum, and it is attributable to this that
the amount required for the payment of the next
| semi-annual interest will not be forthcoming
The amount of this floating debt is about two millions
Of dollars and at the rate paid in during the past year.
will require at least two and perhaps three to
clear 1t off, and there Is certainty of the interest
that portion of the public debt assumed by the State
being paid promptly or in full as fixed upon until the
whole Of that debt is iqudated The State of Indiana
has not been successful in the regulation of her
finances Illinois, and there have been many stocks
| Cd nd ~ isaxos do
of interest that it is impossible to distinguish them
Ultimately Indiana may bee solvent and the whole
interest may be punctualy paid upon the whole debit
Tut the in which the State repudiated portion
of the det has within the past year. created feeling
in the minds OF kondholders by favorable.
| That portion Of the deIt depending upon resources
from the canal for the payment Of interest has depre-
cated many per cent since the arrangesn Mt made,
| md Is likely to 60 still lower
The quantity Of certain articles exported from this
port for the week ending June 12th inclusive distin-
gushing the aest ns.on and extent of shipments to
each place, was as annexed -
| CoMMERcE OF THE PoRr New YSnx-WErKLY
/ ssas r,.-.s-.. EXPORTS.
TO L0ndon-Rosin, 100 barrels; turpentinc. 1T36 do;
potash, 106 dol pork, 100 do beef 20 do; beef 341
tierces skins 1853 packages; hams, Al 6o6 lbs; oil
coke l % do; lard ISlas do; tobacco 80 hhd'i
TO Ldrnppoi- Hams 1876, 77e lbs; cheese 80 4Oe do;
lard 5l0 40; beeswax, $3.50 do; corn SO OIL bush
80 do; do. 50 bbls ter u barrels; potash so do;
pearlash IS do; aopr, 400 90; meal, 500 do; pork
2s7 do; beef, 80 terccs; clocks Ff .S<sss:
wood 81 tons; sspan wood Is do; beef 20 tesces tar
s43 bbs; rosn 1854 do; pork 4s do; four 400 do; cor
AS bushels.
TO Leiand-Corn, IS 221 bushels
To Havre-Potash, 50 bbls; psarlash,. do; jewel
lers ashes Al do sheep pelts Is bales beeswax 800
\ Lbs; lard, TO- 100 do; vanilla beans, Is cases
| 70 ofLay Ports Frduce-StaveS, 80 Nj,
To SpGir-staves, 5S M,
To fy1Ss q NJ Ssnss' sg g sh SCs's
OIL 1925 gals; ioswOoa lsi tons; fustic, doi lard
| Gill lbs.
% SIS so rpsn "a hSss Is d. s So.
cerocgs lard 6731 lbs logwood, 116 TONS fustc, w
do; whsAs III, 29.4e1 gallons.
o. TO Eaa bs'ss-Flour, $50 bbls; beef, 20 DO; pork,
70 Bra,tl,Flour, bbl,; rosin CO., do; tar Az
4 as do; spirits turpsntine soS aals crackers 100
Kegs, powder 400 do; white lead, 25S dc; oats 200
doz; .chsirs, SO do nails, 20 casks; Shocks go Eoj
oars 17S Ssaer 100 reams; pepper 100 bags domes-
tics $40 PACKAGE matches, cases clay pipes, 200 do
clocks, AZ do; segaag Havana, 20 M; lumber, 900
TO ST. Domineo-Pork, ~ lS,c; -four $50 do; but
tes Goa lbs; cheese, 246 bs tobacs mid, 1888 do
e. soi0 do lumber on 70 NJ NJ a. a. ''os 70
do; rce ~ Acs; matches, 30 cases. grindstones, 49,
cassia rs mats; CHAIRS. rs doz
To SpduiSh WSW /ndteS.-Mackerel, on pDis aie-
wives 50 do; tar % 40; meal, 20 do -four, 435 do;
pork lo5 do; bresd 50 DE- ssef do potatoes 80 do
herring 240 bxs; candles mould, 60 40 10 sperm, AZ
do soap, 475 dol salt 400 sacks rice, 10 te.i paper
1857 realms; lard 2l.Ss1 lbs; diy Dish, 7l7s5 haEs
li,l26 do; ta,low $50 do; tobacco, mid, 3ls4 do
cheese 1876 do; buttex 2S27 do corn CO bush; peas
2l3 do spirits turpc nne, csc CALLS whale OIL al7 DO
hoops, 81 NJ; crackers, iei kegs; gunpowder 40 do !
nails. IL do; hg5. 100 drums umbcs 10 IT; cordage
Z coils: shocks aud empty casks, 1267.
To BRITISH Hess {nsiesFlour. 73l bbs; me&J. l,2,3
OF beef SO do; por 81 d0 bread, 81 do rye hopv, -
d % do; ale ~ do rice 30 ties; linsecd OIL 400
On Ia; corn 27s bnsh; matches. cases; domestics
MIC 81 butter 1850 lbs tobaceo mid e954 do cheese
10 ,7 do candles mould, 1179 do; hams $500 do oil
meal 200 do; cordage, "a coils; shocks, 12s; sysv
10 bx .; hay 202 bales Live stack-Oxen, 80; sheep,
To Danssh West Tndies.--Meal, 400 psass -four 800
s,s: rye noar AZ do pork, 200 do; butter ioAp lbs;
hams. f,514 DO; lard, $500 do.
70 Byifisk North .ameriea.-Pork 97S bbs; beef, 40