The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-06-15
eoAhR GAL ARABS.
MONEY MARKET.


The stock market was very unsettled this morning
at the opening and the transactions were limited It
was announced at early hour, that the Cambrias
coming over the wires and very little dispo-
sition exhibited to operate At the first board,
Harlem fell off u per cent; Canton Company a Far
sner's Loan, III Long Island, ii Erie Railroad 4; Erie
Bonds, a. Morris Canal advanced "a per cent Read
ing Railroad u; Pennsylvania SIS u; United States 6's
1867, "a; Treasury Notes, y. Reading Mortgage
Bonds have advanced three per cent since last SALE As
soon extra Herald appeared in the street, an
nouncing advance in United States 6's in London
there rmncss the part of holders stocks
generally and government securities were held OF an
advance on prices current at the first board.
The steamship Cambria does not bring any very i'm
portant financial or commercial intelligence United
States 6's selling in London at 11Ok divvend or
equal to l07s dividend This is equal to 1867 in
this market, fraction above current prices This is
the most favorable financial by this arrival Cotton
and corn remain about the same previously report
ed, as regards both demand and prices, Money
t1ued abundant and consols without change There
more activity in business generally but prices for
all the leading articles of trade were depressed The
political intelligence is important and interesting and
will absorb the public mind here for a time to the ex
cluson of everything else except California news
AT the second board, Treasury Notes advanced a
Per CENT Harlem, Is; NOrtn American trust "a. The
sales small holders of stocks preerrng to wait
the receipt Of letters detailed public accounts
Le receipts at the Office Of the Assistant Treasurer
of This port, to-day amount to sos $50; payments
BILL 2e6 49, advices, S55OO balance, 1S5, 26l o.
By telegraphc despatch from New Orleans we
learn Of the arrival ef the steamship Crescent City at
that port, from Chagres, with later intelligence from
California. The steamship California arrived at
Panama the odd of May from San Francisco, which
port she left the LIST Of the same month She
brings sixteen days later advces from the gold REGION
and million of dollars worth Of gold This will set
the Spectators in Wall street crazy and put the bulls
in fine spirits. Tho Crescent City has board
$500 600 of the real stuff, and to leave New Or
leans for New York the 10th inst This is the
greatcst news we have yet received from the gold
country Sand the receipt Of such an immense amount
of the precious metal will confirm the most exaggera
ted accounts published relative to the extent of the
mines. More than hundred of the digsers
their way home loaded with the pure dust, and
shall soon have it in active circulation among
The effect Of this arrival upon the value Of every kind
of property will be of the most favorable character
and we have doubt speculative movement in
stocks and in real to extent, will be
1eazed. The influx of gold from California has just
commenced and the tide will hereafter steadily set in
upon us, until completely flooded with it. Up
to this time this California business has been an In
jury to by drawing too largely upon capital and
resources but now shall be benefited by it, and 1T
will add immensely to our wealth.
The earnings Of the New York and Erie Railroad
Company, for the first five months in each of tho past
cour years, were annexed -