The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-06-08

CON MBRCIAL AFFAIRS.
MONEY MARKET.
Thursday, June TO p.

Thursday, June 10 r. M.
The stock market is steadily imProving prices for
nearly every stock in the list show advance,
pared with those current yesterday, and there is
more inquiry for purchase The bears ready to
meet any demand and opposed to sell in any way
buyers sellers option-sh ort time long time The
bulls took hold pretty sharp to- day but 1t is feared
they will not continue ravenous they have COM
menced. Government securities rapidly rising
The loan Of 1868 Is high now with the dividend Off
previous to the closing Of the books with the
dividend The complexion of political advices from
Europe and the advance in prices in London, are the
causes of the improvement here 1t will be by the
report sales day. that the transactions in govern
and State stocks very large. Pennsylvania
SIS very active at higher points than they have
been known since the resumption.
At the first board, to- day. U. S. 6's 1865, advanced
per cent? Treasury Notes. al Indiana SIS, vi Ohio SIS,
! Reading Mortgage Bonds IA; Morris Canal, X;
Farmers Loan u; Canton Company. u Erie Rail
u; Harlem, q; Long Island, 1; Reading Rail- road, l.
Nearly hundred thousand dollars of Pennsylvania
SIS sold. There appears to be more spec alatvc
feeling in the street. and it is not impossible but that
upward movement to n moderate extent, may take
place. Money is so exceedingly abundant, and the
rate of interest so much reduced that t Is easy to
carry stocks and the bulls may strengthen themselves
sufficiently to control the market for a short time.
Every per cent advance in prices will bring out
immense quantity Of Stock and the bears will very
glut the market
The steamers mails not having been received in
time to distribute letters during business hours there
nothing change, relative to the markets, but
what published in this mornings Herald As
soon as the merchants get their private corrcspon-
dence shall the effect of the accounts way
the other So far American stocks concerned
the effect Of the Is in the quotations day
The receipts at the Office of the Assistant Treasurer
of this port, to- day amounted to $4,000 payments
S214,69l CT advccs, $4,000 balance, $1,2ot11l O5
The annexed statement exhibits the actual rates
paid for the recent Of four hundred thousand dol
lars made by the State of Pennsylvania, for the pur
pose Of avoiding the inclined plane at the Philadelphia
| end Of the Columbia Railroad.
FINANCES OF PENrsvLvANiA-Srx PER CENT LOAN.
Charles Bolton, at one per cent premium. So 600
f. A. Van Dyke jr Il Co, at 49, lO0ths do :. q 900
e. McAllister at 26la l00ths do. ....... 372 900
| IL.
| The bids were for n much larger sum than that
qured but those above par sufficient for the pur
pose, and the State has not been compelled to submit
to loss The result of this financial movement Of the
State Of Pennsyvania is of the most satisfactory cha
racter and the effect abroad must DO exceedingly IA
vorable. The manner in which the general and State
governments have negotiated the different loans re-
quired during the past three years, has illustrated
pretty clearly the strength Of the confidence in the
security entertained by our capitalists.
The Pittsburg and Cleveland Railroad is progress.
Ing rapidly. The middle division is in forward state