The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-28
COMMERCIAL AFFAIRS.
MONEY NIARKE II.


We have no change of consequence to report in the
stock market to-day Yesterdays prices pretty
well maintained. and the transactions about the usual
extent At the first board New jersey Zinc declined d
per cent Erie bonds, s62 d; Nicaragua, a Long
Island, "a Canton Company advanced u per cent;
Erie Railroad, n Harlem, "a Norwich and Worcester
Reading Railroad, Al Hudson River Railroad H. There
was more active movement in Long Island; but most
Of the sales time and at the close prices
little weak. Reading Railroad was by buoy
ant previously reported and buyers appear beyond
the clique engaged in the The Schuykill Canal
having passed through the freshets thus far safe there
is greater probability of navigation continuing unnter
rupted throughout the The canal has largely
increased its tonnage up to this date this season,
while the railroad has fallen OF largely. Erie Rail-
road rather quiet to-day, the transactions only
reaching few hundred shares On the whole the stock
market does not look very encouraging for the bulls
II is apparently impossible, with all the abundance Of
money with all the efforts made by the various cques
connected with the different fancies, with all the fac
ties afforded by the banks and with all the speculative
feeling prevailing in the market to get prices up beyond
the points current and it would not surprise in
TIE least If they took turn the other way the
realized what they have been long looking for The
sumption of navigation in the canals Of this State and
the Western lakes will of give greater activity
business and increase the demand for money for
cia purposes. This may have influence upon the
money market and compel the banks to call in Of
their loans the hypotheeation of fancy stocks The
movements of all our great agricultural staples require
immense capital and it possible the banks may have
larger offerings from legitimate than they have bad
for time past. The is rapidly passing away
for specializing in stocks that do improve by keeping
and in view Of the approaching hot weather. pur-
chasers will not be likely to do much in Wall street 1t
would be dangerous to attempt carry any Of the ncies
to the fall with the hope of realizing better prices
then II would cost something hold those which are
unproductye for any length Of time and the prospect
decidedly dubious
At the second board the market wa steady but not
active Reading Railroad advanced Il fraction New
jersey Zinc in moderate demand at prices current
in the morning
The steamship Franklin from Iavrc brings $50 0oo in
specie. freight The imports thus fur this mouth
exceed the exports.
The steamship FIunkliu from Southampton. brings
five days lacr intelligence from the continent Europe
1lc REAL accounts f,ypfa bic than those
receive, by The previous but the Grange only
triGig Quotations for cotton and corn ar pref we'll
ma.rt ind. without much activity in the market.
Financially vi have variation to report Later adj
vices had been received from Australia. confirming all
TIE accounts previously published relative thc proluc
tion ofeod There hal been arrival in London FROM
Australia. of large amount Of gold (c20oO00) and
great deal It's way. This had given great
impetus TO operations in Australia mining shares while
the California Companies hadTbeen much neglected The
Australian companies are under the direction Of
Fnglish capitalists and the people Of Great Britain have
therefore more confidence in them 1t Is by no means
impossible that the whole Of thom both in California
Australia may turn out humbugs, land dsappoint all
those concerned but those who first got thcm.up
The banks Of Washington Georgetownia Alexandria
have agreed to advance the money ssoo0o necessary to
repSir the damage done by theycsheo the Chesapeake
and Ohio canal
The Delaware and HudsonaCoal Company have issued
their usual circular fixing the pricesof coal at Rondou
at thirty cents higher han theapricesof last year
with an advance Of ten cens.on the 1stuy next aud
further advance Of ten cents onhe lsisepcmber The
opening prices follows