The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-04-20
FINANCIAL AND COMMERCIAL.
M ON EY M AR X T. II.
WEDNESDAY, April 1916 P. NJ

WEDNESDAY, April 1916 P NJ.
The stock market remains unchanged so far as prices
concerned. There little more activity in rail
road bonds and bank stocks and of the leading fam
cies in demand; but there is spirit among spe
culaors for RISE but for the abundance of money
prices would give way Buyers time compose the bulk
of transactions buths does not relieve the market of
the amount of stock pressing for SALE and does not
weaken the position of the bears There very little
probability Of the bears getting short to be in the
power Of the bulls few years since when there
comparatively few fancy stocks the market not only
a few companies, but each with a limited number of
shares, it not very difficult matter to get up
pretty sharp and get the bears in very tight
place. but not Nearly every fancy the list
has been issued in immense quantities Where used to
be hundreds of thousands of dollars of capital now
millions, and the supply is almost unlimited. The bears
need be under any apprehensons relative to the
future far not being able to get stock is concerned
and therefore operate fearlessy Nicaragua Transit
with capital of eight millions Erie Railroad with ten
millions Cumberland with five millions, Parker Vein with
two to three millions Hudson Railroad five to six millions
New Haven four to five millions New York Central with
twenty five Millions and all the Western roads with capt.
tails increasing at the rate of and two millions an
nualy each, there is very little probability of
in any The bulls therefore, have nothing else to
depend upon for imitation of prices but outside de-
carous business and very few buyers of fancy stocks
make money. An advance in prices depends upon
many favorable circumstances, that the chances of
profit are almost as poor as in any lottery Notwith
standing this the great desire OF outside spectators is
to buy. They think the sure way to make money in
Wall street is to buy, and parties who would drive very
sharp bargain for house lot, for any article of
merchandise look cautiously to the security
loan of money, will buy hundreds upon hun
pockets where they will rest for weeks and months
without fear anxiety. This is confidence
At the first board day Illinois Central bonds fell off
u per cent; New York Central bonds i; Canton Com
pany, a; New York Central Railroad, a; Hudson Rail.
road, u; Michigan Central Railroad, Il. Nicaragua
Transit advanced u per cent Crystal Palace, u; Har-
lem, Il; Reading Railroad, "a. Railroad bonds
freely offered at lower prices.
Tha steamship Europa, from this port for Liverpool
to-day, carried out $656649 II in SPECIE principally in
gold bars and British gold
A. H. Nicoay's regular semi.weekly sale of stocks and
bonds will take place tomorrow at half past II O'clock
at the Merchants Exchange.
Mining stocks still inactive and without material
change in prices The mining board is doing nothing
neither bids sales worth reporting.
The receipts at the oo Of the Assistant Treasurer OF
the port of New York this day. April 49, 1922 939
eS the payments amounted to 5000, 3g7 76-leaving
balance on hand of So, 623 495 "a.
The examination in the of the Cochuate Bank of
Boston, before the Supreme Court has been postponed
by consent of parties An order made by the court
appointing Ezekiel r. Colt, of Pittsfed, Zone of the
Bank Commissioners Andrew I. Hall, president Of the
fremont Bank) and Solomon Lincoln, cashier of the
Webster Bank agents under the statute temporary
receivers to take possession of the banking house Of
said Cochituate Bank with the notes. bills, securities,
and other effects of the institution and to transact all
necessary business on its account
The warrants entered the books Of the Treasury De-
partment, Washington, Monday the 18th inst,
For the redemption of stock. s27 500 40
For the customs TIA %
For covering into the Treasury from customs IS
For covering into the Treasury from miscella
sources ACKNOWLEDGEMENTS. 4084 80
For covering into the Treasury from lands IS 533 81
For the War Department. 103 713 SO
For repayment in the War Department. 1912 II
For the Navy Department. ................ 1000 90
For the Interior Department. "a 555 81
The last annual report Of the Naugatuck Railroad Com
pany gives the annexed exhibit of the earnings and
penditures for the year ending December 81, 1852
NAUGATUCK RAILROAD.
Total earnings. SZ4o0S7 40
Repairs, transport expenses, &c....... 122 059 rs
Taxes paid State ............ So, $50 40
Interest on bonds ..............3 80, 526 ~
Interest and Exchange on loans.... 4OS %
33o7l so
500, 656 6S
Two dividends Of per cent each. ........ $50 90