The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-04-10
fiNf' ,NClAt AND COMMERC GAL.
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HONEY M A n X K t.

bears and the bulls confped 10 small put westny anu
saeacous clique may be said TO have begun in the middle
o. January, and 70 have gradually progressed gaining
strpgth by from the outside world,
a.s by conversions inside oper tors, until after real
izpg rice in most the speculative stocks varying from
steen to twenty per cent il reached t climax in the
hst week in March, when the clique unoaded, and the
market necessarily gave under the burthen num-
operators avaed themselves Of this occasion TO put
cut abort contracts and hammer the market. There
being resistance, they succeeded in compelling de-
Of price varying, in the specuatves, from is 10 10
per cent Here, hEd they been sagacious, it would
seem they should have stopped and waited for the
With he proveroia recklessness Of besrs, they did
do this; but the contrary proceeded to put out
tracts a. the lowest figures readily they tad at Ten
pr cent above Meanwhile the old bull clique quiet
ly coming in not buyers Of cash stock but as pur
chasers Of large amounts buyers options. They
made effort TO lift the market On the contrary,
having made their contracts their terms, they
gu,ety awaited the result which. in = community
IKE ours could not but follow a period OF depression
otocks, dulpess of and plethora Of Events
fulfilling their just ancpaons Ever since last
Monday the market has steadily improved under pur-
chAses made uniformly by the well known commission
brokers Yesterday and TO day the rise was quite Marked
amounting 10 from two four per cent in the leading
epeculatyes; aud believe that without exception,
tAe four classes which stimulated this rise were made by
che commission brokers for the outside public Not a
hundred shares of cash stock be traced having
pur by the bull operators The indications Of
the market precisely similar TO those which were
remarked in January last that the result which followed
ahem then cannot long be delayed looks ms though
again the OF great stock imitation, and
Shere saying TO what points exctable public may
not carry stocks how long they not be kept there
Hs however, be hoped that the Legislature may
h,lIa hafor tba In
sver that when the day OF settlement the slot
easy which got OF the bears out of their
troubles February may not be generally used IN
April or May there seems reason TO appreherd
may be the case.
first beard Ia Crosse land grant bonds advanced
per cent Pacific Steamship Company, u; New York
Central Railroad, RI Cumberland, n Hudson River Rail
road a. Reading, q Michigan Central, l. Gaena and Chi
sAso, I; Michigan Southern preferred Z; Panama. ga
Ceve'snd and Toledo q Chicago and Rock Island, Mil
wsusie and Mississippi, .. The demand was particularly
active York Central Erie Cleveland and Toledo
and Chicago and Rock Island At the second board the
market particularly buoyant, and closed strong at
Farther mproy n prices Ia Crosse and Milwaukee
land grant bonds advanced II per cent; California State
re, "a Virginia g. "a Galena and Chicago second mort
gage bonds II Eric bends, 1871, "a; Pacific Steamship
Company, "a Delaware and Hudson, a; Erie, 70 Mcbi
gan Southern, old, IL Gscna and Chicago, I; Chicago
Aps Rock Island, l. Illinois Central Railroad declined 4
per cent Illinois Central bonds, a. The improvement in
this morning is attributed to the fact that the
Pacific Steamship Company have under consideration TO
establish line OF propellers the line between Panama
and San Francisco, To afford greater facilities for freight
ing business. At the close there decided upward
tendency demand existed for all the leading
speculative securities.
The transactions AT the Clearing House TO day
sonows-
fetal balances 1871 OIL
The Metropolitan currency certificates amount 10
$4,000.
The Volcano Quartz Mining Company Of Placer county,
California referred to yesterday, Ia stock company
brought out by individuals for the purpose Of
tracing subscriptions We nothing about It's merits
or the experience objects Of ia managers but would
ruggest 70 who may contemplate such Investment. the
policy OF looking closely and carefully into them There
b nothing 80 deceptive mining projects, and too much
caution canno, be exercised in their investigation.
The annexed q comparative statement Of the imports
Of foreign dry goods New York for the week and since
January L.
Enared Al the port. .s2,Olo277 slis7,5e2 H,lettl2
Tnro, on market. 2,ll6,eo2 l,lss,e2i l,zI6,soo
En.. T' :. y he pol. 1915 .sAee slslss
Thrown market. 32,ooo,so5 33,43s,s55 le.Sls,sse
The dry FOODS trade the present week has the main
been slack domestic commission houses, while some
ioberr houses have been actively employed. The sup
ply Of staple domestic goods have, however, be
came reduced, and prices well sustained. Many
mills hitherto partially suspended working shor, time
have both at the eastward and In this Stale and rennsy
yAna either resumed work In full have increased the
number Of their hands and the hours Of working time
present and have few days past probably purchased
about 900 900 bales OF raw cotton. The indications
thai from this period 10 the end Of the cotton
rear the consumption Of cotton will increase In this
country approx mate closely the amount for the
fhrr mus. prove materially il arrearv Of ths amount
taken last year, which however was In excess OF any
previous similar period In the history Of our manu-
facturers should the present prices OF cotton be
maintained, there Is no reasonable ground TO fear
ivns away the prices Of staple cotton fabrics, coupled
the tact that the country bare Of such goods
while there must continue 10 be more or less export de
goods SO be found N the use Of duck caused By the
duness In ship building Domestic woonens Of al descrp-
tons continue without change OF importance The reco
very 10 yoolen manufactures and the prices OF wool has
been much slower than in cotton fabrics and in raw cot
tou A. the month progresses trade Is expected to i'm
versAry week more buyers expected including
Giant from many pars Of the West And though the
Yet oonsisei able augmentation is looked for. By that
time canal navigation Will be In full operation and heavy
amounts q western produce transit seaboard
which form Of exchange " meet pas, dues
and 70 make new purchases The United states govern
inert IN conducting ne tab war have been compelled
% male large purchases Of broastus and provisions
which has tended 70 make money rs,her more plenty on
Western frontier, and n the time 10 de-
gree sustain prices. During the week brown heavy
sheetngs Of - have been good demand at sg.c with
Igbt stock Light do. sold well at ho. bleached ranged
for heavy &C. and light at 5&c. Besohed goods
frmer while aaos moderate. Drills have been sold
considerably in advance Of production. OSnaburgs
and prices unchanged. Printing cloths firm
with moderate sales Prints IN fair demand at
steady prots. and ranged At esc. q 1870. for god
20 choice msdders and al Sc. enc, Tor ordinary.
LAWS unchanged. Delainet and chahes were 70
god dtmaui, and the finer qualities and styles
importer have done rather less business tbs week espc
cisy French and English dress 60 DIS including broshe
spd org shawls The considerable lots ofthp description
81 goods which have beer almost daily offered the
have tended b deaden prices Foreign wooen
goods have exhibited change OF moment Embroide-
ries white goods hosiery &c have sold moderately
importers hanos, but Al irregular prce. The auction
homes have been busy tue present week and have
rhrouicled their principal ssles they
NeanrdaN nretN artxn daX among Tie most Of