The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-04-18

At the eecond board the market was quite buoysnt
The depression Of the morning had entirely disappeared
and al the leading STOCKS firm at quotations
Illinois Central bones advanced per sent; Nicarsgu~
4; New York Central Railroad, y; Reading. e; Eeie,
u; Michigan Central Railroad, NJ Michigan Southern
n; Chicago and Rock Island, Il; Cleveland and Toledo
a. Milwaukee and Mississippi and Wisconsin Lake Shore
sold at prices previously current After the board Ceve
land and Toledo firm at 80 per cent bid Michigan
Southern, 97K bid; ChicSgo and Rock Island, % bid.
The news from Europe is the whole, COED, but the
cetais-the most important pointsafe more favorable
than have before received for many nths The effect
will not be spasmodi, but will shos elf In gradual bat
STEADY improvement. The fact that peace has been
established that the which has, tor the past two
years drained the channels Of of tens of mil
liens dollars in gold and silver and deranged all
operations Of trade has ceased and that the movement
Of trade 60 on without interruption Is Of the
most vital importance, and although anticipated
hardly be realized. Millions Of money which have been
boarded, will come out and be employed in
legitimate enterprise Geld which has teen scattered
like water remote sections of the world will
back sgan and be employed for legitimate pur ,ose and
that have only he natural uses for precious
me- ais the product OF Calfo and Australia will
rapidly sccumuate and form solid basis for the
cret 1t systems Of the world.
The steamship Baltic, at this p,rt from Liverpool,
rope. Tie most important political Oy this rival
is the official announcement that the Paris Con
had closed and that peace had been pshsd This
event, ng and anxously looked os, gave general
satacts and the effect upon financial AFFAIRS both In
London and Paris was apparent in tae improvement in
the funds and reduction in the Of interest in the
Bank Of England and the Bank of Frsccs. The publ,
mind had anticipated this movement. but it is now
fixed fact This is but the beginning. In few weeks
there viii be, without doubt, another reduction, until
tie rate reaches the point ruling ct the
of the war. The current o. specie will be changed
The tide viii set into the banks vaults and give
greater supply Of capital to tina commercial classes 1t
viii require little time to bring all things again into
proper channels, bat can without the fear Of disap
pointment, calculate upon . steady Improvement In
matters from this date Public circulars and pri
letters give most encouraging accounts; and the
future certainly is entirely free from he dangers and off
fcu4ties connected with . state of Com nercial
matters be regulated by the established lava of
trade. We now operating under natural state of
things therefore X for natural reeuts
Quotations for consos show advsn,e Of per cent.
By the Cambria they quoted ct 92s per cent and
BY the Baltic at 93 per GEN. Tho cotton market bad i'm
proved Prices reported eighth of penny higher
From tho manufacturing districts the
favorable. Prices advancing, ard had already
slightly checked business. Breadstus were dull with.
out char GO ia prices.
The arrivals of specie in England for the week ending
March 2etb. we're as follows
BY he Ugh Iing from Melbourne. IL $50 gold
f4e, the Arego, (s) from America, EDO 800; the
I'm ms from Melbourne Al 600 god f164 0O0 the
AcniIa frm Melbourne. &c. 600 gold fl43 600;
TIE Bsloc, o., from New York $4,000, or 5000;
the Anerics, from New York 1925 $50, EOS 100
The quotation Of GOLD ct Paris about Per mile
premium ard the exchange London at short IS X,
skinR gold about o22 per cent desrsr in London than
in Paris. The price Of gold At Hamburg was 426X per
marx. and the exchange on London ct short 1917,
making gold 0S7 per dearer in London than in Ham
burg.
TIC Assistant Treasurer reports to-day as folloxs: