The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-05-03
com N ERCIAL AFPAlRS.
)NEY MARKET.

wednesday, Nny S-o +. M.
The stock market is in a most extraordinary condi
ton Prices continue about the from day to day,
and the bulls and appear get but little advan
tage Of each other in the contest At the first board
to-day Treasury notes declined per cent U. S. 6's
1867, u; Pennsylvania SIS, "a Cant Company went
up e per cent; Farmers Loan, "a Long Island, ii all
others closed prices current yesterday These slight
fluctuations show in what strange position things in
Wall street stand; and it is impossible to tell what
course matters will take. Fancy stocks appear to be
well held, and the probability is that easy money
market will initiate prices and enable the bulls
to Withdraw greater quantity of shares from the
market, and create scarcity in the street An easy
money market will doubt create speculative feeling
which is very necessary to get improvement and
which, this moment is very much wanted The bears
are undecided what course to pursue. They evil
IDENTIFY deferred from the manner in which the fances
held from selling largely short, and the bulls
patiently waiting rise Between these conflicting in
terests, the market remains quiet We want change
matter what the change is long it brings life
and activity.
Exchange for remittance by the Europa has been in
active demand and nearly all the good sterling bills in
the market have boon taken at our quotations. Bills
on Paris have been in demand, with limited supply
1t is stated that the steamer has taken $4,000 in
specie for France in consequence Of the high rates
both ways across the Atlantic, but the receipts
ten-fold greater than the outgoes We quote the clos
ing rates for bills London at 724 TO per cent pre-
MUM on Paris, 5f3o u 5f25; Bremen, 77k a77H ;
Amsterdam, 391s 3oA Hamburg 34ls ASK.
The receipts CT the Harlem Railroad Company, for
the month Of April 1919, were S33o26 IS, against
$23,435 e2 for the corresponding month last year,
showing increase of $3.50 SO this year, being
increase equal to forty-one per cent.
In addition the of California gold received
at different points from San Francisco, there were
$3.50 900 received at Panama the 2Sth of March, by
the British steamer Peru, from Valparaiso and Caao
This makes the aggregate, far heard from,
S1,753,Oo0.
The GALES of merchandise and amount Of specie i'm
ported into the port s New York during the month OF
April in each of the past four years, annexed:
COMMENCE PoRr OF New YoRK-VALUE OF
Imports.
b 1TSd sSiHss 4l0Ss sis5 5Sss 5'o5 is
Total merchandise s3 III los2ioa Gs7Oas sogOgsi
f Suss l gs sSi s rsS l5 Is
The value Ct merchandise imported during the month
this year. was 81 629 o23 greater than in the same
month in 1913. The of specie imports for tho
month this year is S504S2i
The books for subscription to the New Haven and
New London Railroad we're opened at New Haven, on
One hundred shares taken by one individual Tho
books will be opened again This road will ex-
tend through the towns in Connecticut, on Long
Island Sound. from New Haven to New London (about
forty five miles, and, by the New London and Will
mantc and Norwich and Worcester Railroads, will
furnish a good and short route from New Haven to
Boston.
Navigation the canals Of this State has com
menced with the greatest activity Up to one o'clock
yesterday, seyentyf boats had been locked for the
west At Albany, large nunbcr of boats passed out
Of the BASIN towards the west.
We learn that portion of the enhancement of the
illinois and Michigan Canal, hlorris ual brokc:
away a force OF men INN, datcly Engaged in re-.
pairing IT, and 1T would not suspend navigation fol-
any length Of time
We learn, from the second annual report Of the
Chicago and Galena Railroad Company, that the
amount thus far subscribed is $685. 700, onc-haf Of
which has been called for. 500 OH - Is paid -
ss7O14 80 IL in arrcar The read is in operation to
Des PLANES river fourteen miles from Chicago. al 4.
under progress far Egu. loan of l5O O0o has
been authorised 71l00 has been borrowed Y1ojo0 Is
yet 20 be used