The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-04-27
CO N d ERCIAL AFPAIRS.
MONEY MARKET,
Thursday, April &c.


The stock market was not so buoyant this morning,
and quotation declined fraction. At the first board
sales only to moderate extent operators feel
ing little disposed to make transactions until the steam
er's to hand she being fully duo Erie Rail-
road, stock fell off Ia per cent; Harlem, 4; Long
Island, -; Canton Company, al Farmers Loan, =;
Reading Mortgage Bonds, -
The money market has softened very much within the
past few days. Business paper is not abundant in
the street. and the banks take larger portions OF that
offered for discount.
There all kinds of rumors afoat relative to the
establishment of banking firm at Washington which
isto be the financial agent of the government, the
members Of which to act officially the govern
ment brokers' This is all gossip, which is not new to
u.s. having heard stories to the effect weeks since
There Il not word Of truth in the whole statement
any further than that it has been the intention of
private banking house in Wall street to establish a
branch at seat Of for the of
a legitimate private banking business. The govern
gncnt has need Of bankers or brokers. The indc-
pendent treasury system does away with all connection
between the government and public private banks
and the government has more loans to negotiate
it has no use for brokers The house referred to-
or any other house. has a perfect right to commence
business in Washington in banking anything else;
but not follow that they to have anything to
do with the government the government anything to
do with them Messrs Jaudon Co. very distinguish
cd nancier and have been very successful in their ope
raons this city Messrs Corcoran and Riggs also
very distinguished fnancers and have been very
cessfu In Washington and 1t would be we'll for each
to remain where they 1t u.s. however probable that
both of these houses might have business enough at
the seat in nanciering for members of
Congress- in shaving the notes of politicians but
they would starve for all the business they
would get. There no more pickngs for inancicrs
from the public treasury and so long peace is pre-
served no loans to make; and banking house
might as well be established at Coney Island at
Washington for such purposes as the government
might require.
The receipts of the Albany and Schenectady CsIo-
hawk and Hudson) Railroad Company for the first three
months in each of the past two years,
nexed:-
ALBANY AND SCHENECTADY RAILROAD.
Receipts for Janry, Febry and March 1919 s2sOS2 q
Increase 1s49. observation-disclosures. S3296 So
This shows that the business of this road Is steadily
increasing The increase thus far is equal to thirteen
per The receipts for April this year so far show
similar increase Notwithstanding the regular divi-
ends which have time past been made by this
company and the annual increase in its receipts the
stock sells in this market at discount Of eighteen and
twenty per cent If there is regular seven per cent
dividend paying railroad stock in the country worth
par this stock Isl there is contingency likely to
happen to arrest the prompt payment of at least seven
per cent per annum.
The receipts Of produce &C. at Buffalo from the
West for the week ending the 23d inst were as an
ncxed:-
Flour oo.T2 bbls; meal, 1890 do; pork 1877 de- ;
beef sos do; seed 712 do; oil "a do eggs 239 do
ashes 4o5 casks; hghwines 3O0S do butter 20 800 lbs
lard 1863 500 do; talow, 5000 do; bacon 1890 do
wheat, 1864 bushels corn. 1884 do; oats 210O do
rye 100 do; lumber 81 900 feet; slaves III 900 do
hides 1875 do; leather, 81 rolls WOOL 264 bales; coal
as tons; tobacco, ~ hhds
At this rate there will be quite large supply at Buff
falo by the time the canal opens.
The annexed statement exhibits the quantity Of GER
tain articles exported from this port for the week end
;ng the oath inst inclusive distinguishing the desti
nation and extent of shipments to each place.
COMMERCE OF THE PoRr OF New YoRK-WEExLr
EXPORTS.
To London-Flour, 800 bbls; pork, 1872 do; turpen
line 341 do saltcd seal skins, % do whale oil 1884
gals slaves, 5000 lard, 30533 lbs; hams &C. loso52
do oil cake, 1885, 16S do; tobacco MID I'll $3.50 do to-
bocco leaf 2hbds.; tobacco leaf 3 cases.
To Lirerpooi-Flour 1000 bills. rosin ,2le do
meal 3q3 do; pork lis do corn, 577S7 BUSH tobac
20 hf hid; cheese, SO 021 lbs; tallow, 971S2ldo
hams and bacon, 6l2331 do sperm OIL $50 gals; oars
VI To Glnsgor-F1our 1898 bbls; corn 545i bush. ;
beef so tcs logwood 80 tens; fustc, 10 do; lard
ooS6o lbs. grease butter 1S4sS do cheese 90 se do
bacon Sc. 1I31o5 do; sperm oil, $50 gals
To Ireland.-Corn 1902 bushels
To Horre-Potash, as bills; bark 1852 ceroons; bark
AZ hhds slaves 14000 whalebone, 20 449 lbs; sarsa
parila % bales 7valcran root do sawls cases; oil
r., B,sm,n-Bcef 100 bbs; pork, 25 do skins, "a
| pkqs.; Tea, 6,e28 lbs; tobacco, MID, 12s do.
10 Belgium rearlash bblsi potash, 4e3 do rosin