The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-03-30
FINANCIAL AND COMMERCIAL.
n ON EY AR X K T.


The stock market oderatey depressed the board
ss morning opened very heavy, but closed LITTLE bet
Der. New York Central particularly active. Hddson
RIVER Reading and Erie were cold than the usua
extent Hudson River opened at 81 and, with Ia zee sales
left o. at 81 per cent cash Reading closed pretty firm
q. a. cssb. Erie well sustained throughout the
board The aivices from Mr.. Moran said /, be OF
the favorable character. he will, II is reported
all the money he wants without difficulty. The
sc,vty noticed in Panama Saturday has disappeared
and only small lots Of the stock sold this
Ing Prices remain about the Galena aad Chicago
exhibits speculative features but left of fraction
better this u-prnng Chicago and Rock Island shows
advance, with limited operations Speculation for the
time In this stock is dormant and the purchases
by parties who evidently have confidence 10 its ultimate
value az an investment State stocks and railroad
bonds continue comparatively quiet, without material
chznge in prices Reading bonds sold this
morning down to co per cent At the board
DAa~are and Hudson fell OF u per cent; Reading
b,ods, 2; Cumberland, Ia; New York Central Rail-
road, Erie Harlem, y Reading Railroad ~; Mch
ga Central Railroad, Michigan Southern, preferred L.
Panama, a Pacia, Steamship Company advanced y per
cent Gaens and Chicago, Chicago ADD Rock Islau1, l.
Al the board the market for huss bet
ter but all Delaware and Hudson yau ,ei
y per cent; Cumberland, New York Ceavsi, a; Erie,
q Hudson River Railroad, p xcng Southern old, u
Pacific Steamship Company sold down 10 u this afternoon.
beng deekne OF per cent this moruugs prices Chi
cago and Rsk Island per cent 10 yer, and Resfng
l. Erie bona, ISL sold at and the OF 1879 81
per cent Al the board the closing printed quotations
pretty cell sustained Toe asking price for auisoa
River Rairosd g = per cent There s likely TO be
RAPID this stock the result OF the comparatively
small supply The market Tue stock Is already scarce,
and the shorts ~u probably find OF these days
hs-s no eutr 1 al
Il ony 81 Co saAes and large lots stand in the OF
soue Of the original subscribers. Michigan Sluthern
fraction hg,f afcr the board. From the controversy
gong between the members Of NE pressni board Of
directors, appears tina, the old LtchGeld party are
making strenuous efforts 10 get into the management
again II would surprise us mu,h they succeeded
The meter ls in4he hands Of the stockholders.
The Assistant Treasurer reports today follows;-
Total reospi' ....................... sllo3g =
IVAi psypehs 'sss''s'''' .''s''s'''''''s s1ssis %
49, '''''''''''''''' '''''''''''' 'i'''i''V y.
The receipts 70 day include ss9 900 from customs and
The pa mens include $4,000 on c.iforus drafts.
The bank returns for last week compared with these
for previous exhb; the folio wing variations in
ihe aggregates OF tie leading departments.
Increase IN loans and discounts. 665eo2
Docreeso in specie pl3 ~
incresse circu itian 3ss7q
tDcrease n deposits, actual. l.l52
he most favorable feature In the returns for last
week s lie decrease IN the specie The asgre
gate still above tsrty million. 10 be hoped that
be depletion will continue, and that will serve N
revive trade and bring about healthy activity all
industrial pursuits. the banks we'll spare
hsn Of the amount lefL In the lice Of
discounts abe increase IL 70 important
anount The discounts up 70 the aggregate
the second week In September last year slncs the
2sth Of Norcnber last there has been steady weekly
Increase in oars and the for the Dou
navigation, bo,h the canals and the Western lakes
about oper ng may look FOR larger agIres tina, de-
p,rment ne deposits show small increase, AID
nov a, the highest points This s the natural course OF
that movement under Of loans aud the sggre
gate hey to keep largely in OF las, year The
Department Of ssue does not vary much having iucts
aNd between su sad millos for several months
pst TIE disc1unl line Of banks only three million
less thar Al this time last year. while the deposits are
eight msion larger Tie specie reserve al that time sa
eleven million sgsas, nearly thirty one million now
We cali sttenion 70 the aistrseueat o, George Parish
Ogden &c Of Troy, In todays PAGER uuder the anau
head Ar. ogden IL spoken Of as senseuaa Of great
sisrfy proCa g,noss aud entire responsibility.
Tie Transactions al the Clearing House to-day we're as
n lowe--
"a exoange1 ~ W
Therc was active demand for sterling exchange this
no-nrK of wednesday, packet Bankers bills
colo O. T. AK per cent premium. On Paris quote
O. 25GN 20
Al be genera term Of the Supreme Court In this city
deosos vas reodered Of considerable Importance, ss
bearing Upon very general custom here Of making pro
ssory DO,ee payable the bank In which the drawer
keeps bis accobnt Justice sosson rendering the opn
on Or the Court held ths, in action against the maker
of nee pay able bank named In the note Il is no de
fence hat the maker Of the had funds to his credit in
che bank sufcent 10 meet The and that az averm
q such fsc k nct equivalent to that the Dc
Sendan, was ready the place Of payment WITH funds 10
pay Ne so,e SAce e-ary the BARI would NOT be bound
on The mere esai, Of The note Of depostOr 70 sp
piy he funds 70 ~ paym, ut
Al meeting Of the direct rs Of the Cleveland aud To
leio RAILROAD Company held the l7h INST, vi" re.
solvee n consequence cr ne eNninued derrssson o