The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-04-18

m OUAY MARK L = I.

SUNDAY, April 17-8P. NJ
The stock market at the Close yesterday was pretty
6rm ct the improvement Of the previous day OF Two
The transactions throughout the week were TO Ar ex-
tent but for holders Of stocks there no
Of in the advance in market value,
or in the activity prevailing The movement is entirely
in the street hardly outsider to DO ssen and
these who venture among the brokers' mere lockers
on hey do not appear disposed TO touch anything in
the shape of fancy stocks There is, therefore, pro-
liability of the present activity present market value
of stocks generally being sustained The bears feel pref
y well satisfied of this and they govern themselves &C
eordingly The upward movement in railroad fancy
at the first board yesterday caused by the
rapid rise In shares Of the companies fsrning ths Cen
trail line through this State 1t is artificial throughout
both the stocks of the Central line and all others in
any way affected. The effect viii b seen, in the
transfers made Of shares and the result viii be that pre-
sent owners will sell out, and wait tho reaction These
stocks al selling for much mere than they WORTH
and the transfer books will before the lapse Of many
months, show different class Of holders entirely
The money market has for sometime past been sradu
ally easing up but is far from being easy
An active demand exists and business paper abundant
ct 9per cent The banks doing better and the
indications altogether favorable and encourage
ing. We would nevertheless, advise caution in fancy
stock operations. abundant supply of money
may enable the banks to get more active movement,
and for time the stock market may exhibit = very
tight aspect but it would be wise not to trust it. We
wish to be understood abiding entirely to the most
worthless class of ances Good stocks high enough
but they may 60 higher Bad stocks astonishingly
sustained prices beyond their real value
and any important change must be Of unfavorable
character They have been kept up SO long, BY such
train Of fort innate circumstances that conceive Of
nothing impossible than that thoy should realise
further infaton 1t is belief that within the next
sixty ninety days sellers of fancy stocks generally viii
make the most money.
The expectation of specie last week only mode.
rate amount The steamship Atlantic did not carry out
as much expected. =
Brig Elizabeth Para American gold. .... $4,000 90
Ship Tartar, Hong Kong, specie ......... 800 90
Steamer Atlantic Liverpool gold in bars. 263947 Al
Total April to April 16............... 1921 PAT Al
Previously reported. sos 400 SO
Total Tor 1903. $3.0o6 TIT ~
The shipment by the Atlantic was in ingots made for
the purpose Of getting at the expenses profits &C. The
result will be guide for future shipments in the same
shape
The City Bank has declared dividend OF five per cent
and the Mechanics Bank five per cent.
The returns Of two banks Of the city of New York.
for February 1853 compared with December 1882 show
increase in discounts Of SO S02 5S depos it's $13 203
and a decrease in circulation of S744,l specie,
$1,479, $40
The annexed statement exhibits the quantity and value
Of articles other than dry goods imported int, this port
during the week ending and including Friday April 49,