The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-05-06
MONEY MARKET.

MoSp,r. May So r. VI.
There considerable activity in the three leading
railroad stocks. Erie Harlem, aud Reading; the first
advanced in prices and the last fell of a fraction
Erie Bonds income aud convertible went up slightly to-
day and now command the same price Some OF the In
Bonds have lately been changed into Convertible
and IL Il the policy Of the company TO have such trans
fers made much possible, 20 the lien
upon the Of the road. The Convertible Bonds
redecmable in twenty years while the Income Bonds
redeemabe in i've years out Of the net earnings Of
the road to the exclusion Of all dividends the stock
By turning the Income Bonds into Convertible Bonds
the stockholders may get very small dividend out Of
the annual income Of the company. Harlem was Arm
Reading Railroad declined about per cent with very
large sales The smaller class stocks such Morris
Edgcwortb, and Portsmouth, firm quotations
but the transactions only 10 limited extent The
market was the whole much better than expected
End It. considering the severity Of the There
l. very little speculation in the street and less
There outsiders visible At the second board the
market heavy aud Erie Railroad fell IN 4 per cent.
The receipts at the oice Of the Assistant Treasurer Of
this port, to-day, amounted to S5l3oi 10 payments
sl26,44e 1I-balance, s3S6303 s.
There has been active inquiry to-day FOR sterling
exchange, and drawers arc.Grm II quotations We
quote best bills at 1875 a 10s per cent prcmium. on
Paris rates have eighty given way sixty day bins
men. 70 5eit; Hamburger, 3ea y. The Humboldt
for IIayrc will take largo amount q specie En-
gngcmeNs have already been made for more than half
million Of dollars Tho Asia for Liverpool on Wedncs-
day will take out another half million, and the Pacific,
for Liverpool Saturday will swell the aggregate shp
ment the week to nearly and half millions a
dollars Three steamships leave this port this week for
European ports, occurrence in this age q
steam navigation.
The Eagle Fire Insurance Company have declared
semi annual dividend Of six per cent.
Annexed are the receipts the New York and Irar-
lem Railroad Company in April q 1860 and 1851 -
April 1851 Sin6io 50
hpnL isSo'''.'''''., "VS'o !"
Increase ................. ...s......... seO235 o.
The receipts at the Philadelphia Office Of the Columbia
Railroad for the Eve months ending April 30, 1861
amounted s1Js3s9 o. against sl1soo IL for the
responding period the previous year showing
Of s15i1o 50 this year
The receipts Ut the Baltimore Custom IIou-r from du-
ties during the month Of April amounted so3s2I 10,
against ss1 9lG % for the corresponding month II last
year The total receipts into the depository Baltimore
during the month. sqjo9o IS, and the payments
from the same s7e2l3 50 leaving balance on hand at
the close q the month ss2 $50 &C. The total value Of
merchandise shipped from Baltimore for the month Of
April $40 1913 ~ Of which Sass oO7 ps went to 70
reign ports s2397Os 50 California aud sls6s7 IL to
Oregon 1his i Of SASH 40 the cor
responding month q last year The exports Of bread
stuff to foreign porte during the four months q the
present year have been large amounting in the aggregate
10 $4,000 bhs ~ aovr CGsOa bushels q corn, aud
1885 bbls q corn meal.
The stoct u the National Telegraph company. clar.
tci,d al the late session 81 The New Jcrsey Legislature
was all sub cfihcd or ~ Trenton On Thuridoy. "
t. bc constructed along the line q the NcT J,rcy