The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-04-17
COMMERCIAL AFFAIRS.
EY MARK r. T !.


There considerable activity in the stock market
to-day but prices throughout not sustained. A
larger portion Of the transactions for cash than
have noticed for time past of the bears having
avaed themselves Of the decline TO realize small profits
Several Of the small fances were in demand to-day ut
better prices Bank stocks daily offered in small lots
and lind ready buyers at good prices most Of those
the market command premium The snlcs probably
made by those who took shares Of these stocks
than they could hold than they wanted TO put
the banks into operation. and getting rid Of tho
surplus In this way the stock i becoming distributed
and in a short time there will be fewer operations in the
street New jersey Zine quite active aud advance
Of !, per cent realized. Nicaragua in demand
and went up per cent About three hundred shares
changed hands which i. considerably larger than usual
The Mpro,cmcn and extension Of this line have caused
enquiry for the stock which must ultimately have ia
yorble effect prices Theeading railroad stocks open
I'd and closed heavy. The efforts made within day or
10 initiate Erie have not l-en successful.
il will he seen by an advertisement in another column
that applications for subscription TO capital stock of the
Vow York Exchange Company must be handed in TO
Shepard Knapp, Of the Mechanics Bank. before
saturday the 18th inst The old stockholders first
entitled awards tho extent Of their old stock No.
tiee Of the awards will be made Monday, the 10th in
slant shares not claimed by old stockholders viii be
awarded other subscribers according to the discretion
Of the committee.
The steamship Sierra Nevada from Chagrcs. does not
bring any news Of importance. The Tennessee at pane
ma brought down sl36.oSo in specie, making the ship
mcnts from san fnucisco itt the month OF March
S5.54s.7oI.
The receipts at The ofse Of tho Assistant Trcs Of
tli, pot to-day, amounted to S1ol o5449 payments
sos1927 l--balancc S3,sls. $500.
The Bank Of New York has declared scmi-aneual
.rf.-s
The demand for exchange. for remittance by
hip Atlantic leaving tomorrow Saturday for Liver
pool has lccn So Tar only moderate. Quotations are
slowly, but steadily, .ct,ins dawn The supply Of bills
the market is large and daily Sucreutieg We quote
fr.t class bill London az o., per cent premium
Paris 81 - a II. 20 Amsterdam. ~ ~ Bremen
80. ~; Hamburg. a5is 31's.
Spurious notes ofthc Commercial Bank Of Albany have
just made their appearance. They are undoubtedly i'm
prcs.ions from the fnuine plate hut the sgnatu e. OF
the register prc-idcn, and acting cashier forgcrcs
Thcy bear date January 1857. and purport to be sign
ed by +. weserlo and II. Boyd register, and John
Townsend, president aud Andrew White. assistant
cashier.
In the Commercial Court at Cincinnati Last week Judge
Key made an important decision In relation 10 the state
Bank Ohio and ~ branches IL on motion made
to dissolve On injunction sued guilty the Mechanics aud
Traders Bank Cincinnati restrain the treasurer Of
Hamilton county from proceeding 10 distrain the effects
ofthe bauk for ,he payment taIcs levied upon under
the bank taxation Law a Ohio passed In 1851 The Judge
held that the law $shlhr the state Bank OF Ohio and
it, branches, i sonsrast between the State and the
bank furnishing ny " pg>,ion The ruiz and the only
rule under which til bank h. taxed by the state
authorities and that the Law q 1851 fixing different
rule IL taxation In dorofstion Of that clause in the
constitution of tbs United states which prohibits state
from passing any l.w hryarng the obligation II con.
tracts and ,o1d TIE injunction was. therefore made
perpetual
more a the principal ssfcs. during the mouth
Of March follows Bark, ~ tons coal Jool DO
fire brick lo3 90 tIevced, Do -four dp'6 bbsi grain
f9G tons granite 521 10; iron, JH do mon orc snd man
onne.c 1Jg do lard and butter 5cro; leather ~ 70
fine 10 dol live stock 1910 tons, viz 400 hog ~
tons $40 sheep ~ 90: SO horses md mules w 40
a22 horned cattle t75 do meal and shorts 4l4 DO pori
\ rnisccllanCaus Dis tons Flour received from washing
ION Branch during the month COS bhls The revenue ~
he month IL Narck has been SlJn2iG.5s ~ wbic SllH
49, % er, from Tie min stem, and S3l rs - from IN
| Wellington branch.
Tlcrcduced rate at which tbc Reading Railroad Com
many transports coal to market being average q ~ =
per ton does not appear 10 have encouraged the miner
Of schuylk county TO give the road The same amount
bushes il had last year There Is sth an existing den
cheney Of upwards Of $1,000 tons as compared with IN
corresponding period q the preceding year. 1ne On
HANGED Of production Is tho chief cause Of this dc
sxs. and mining In tbs schpyAA region y becoming