The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-04-16
FINANCIAL AND COMMERCIAL.
MONEY NJ .uWer.

suusnAy, April lS-eRN
Ne sscck market was a a Ill sctive shh morning,
- prices generally wsr ssssssr In Nav Ysrk Central
nd Ere Railroad the ss.Aeacy from she opening 10 the
close was upward a . slghs advance was realized.
nsadias end oAisAC saA Rsok Island IN demand
sniwsake end hs sissppi lower. The company m
sss issuing new nosagc bonds fer the purpose OF und
ins the acsvns debt and settling ap lot Of oda enas
- nmapcsa Affairs. TIE new esue, we believe, wiz 90
- tive MILLION Of dollars E~srsgus raoss SOLO '1'S
Dsrninv NJ three per cent Tsse Jet no aec'oea ""''
Use6v this stock, and do NOT know thai one 0oo-
sr4p Ated. The operations far have been rAlne'
ByS erious character and not TO an impors@n' eAn'
f4s &C Steamship Company stock nuctaases suansey.
~ stsrdAy sold n IS hs morning opened q "a ana
a off Al 7sL mar cent cash. Hudson River Railroad
Spesrr 70 be about the steadiest stock in the market
e At the early board 10 day we're less than
Q hundred shares the closing prices OF yesterday
CLEVELAND and closed duh and heavy at ~ cent
ne seven per cent bonds Of the company selling at
S. orly per above the price Of the stock
BEADING opened this morning 1t 49, and left on at 47zs
psr cent coal business il in wretched condition,
nd all carrying companies connected with it must be
serious sufferers in their income account They In
fsw sy Of rucipg other the reduction Of tolls
md freight Erie Railroad stock s very in the
sweet, notwithstanding which prices with dfh,uiy
maintained At the first board to day Virginia State sizes
4 clned "a per cent Cumberland Coal, q Reading, "a
Hhnen Central Railroad, ~; Milwaukee and xississpp,
u. Missouri State os advanced u per cent La Crosse
AnA grant bonds, y; Pacific Steamship Company, TX;
new York Central, Erie, u; Cleveland and Toledo, "a
R.sans, u; Chicago and Rock Island, u. Sixth Avenue
nHSroso stock cold this morning al loah per cent The
Rrosdway Parsei Railroad bill about as good as killed
wculo be impossible construct the line, and half
dozen acts the Assembly would do the projectors
esss No railroad can built In without the
ssnsert of corporation, and their would be 60
good deal by the desires Of property holders
ans any contemplated line This is in accordance with
dec,ion Of the Court OF Appeals and accordance
wHh the meaning and spirit Of the constitution, which
e ahead Of any single set Of the Legislature. NEE:
g stockholders Of the Cumberland Gal and Iron
oDppary held At the Office OF the company this
hg. Between thirty and forty thousand votes cast
ssr the acceptance of the amendments the charter
recently passed by Maryland legislature The meet
characterized by entire harmony Of vie the
psy those present. and ttee Of ave appointed to
vepare circular be addressed to the stockholders,
SEATING the terms and obecs Of the proposed payment
NE changes the management OF the company, recently
aee result in the election or Kcssrs. Samuel rlden,
GAles Could Robert p Getty, David Palmer and Edmund
II Miller
A; second board the market lower and closed
hs.vy Harlem fell OF a per cent; New YORK Central
Railroad, /; Erie, III HudsD River, II Reading, Ia;
Cleveland and Toledo l. Msrean Southern, old, y; Ca
bsna and Chicago, H Chicago and Rock Island, There
wss . very sna amour, OF business transacted and at
Ne close the tendency decidedly downward. After
NE board prices ruled None OF the large opera
tors made any movement ths afternoon and sales
made Principally by the weaker portion Of the street
SPECTATORS Holders Of the bulk Of stocks in the market
aye able TO carry tie entire load, for Is the easiest
hing The world hypothecste any thrs the Lat
with favorable margins. There is 10 Danger d
my quantity Of stock pressing for sale long money
scntinues plenty cheap.
Ire Assistant rreasurer reports 70 day ss follows:
Total Teceipts sSsoolo 90
1sia pay mtnS.. xas,ss "
1ctel ba.ence. 'ss.sssoooi $40 o.
he receipts 70 day include 81 900 from c1soms and
the payments Include SIS ,ooo in California drafts
The bin before Legislature in regard 70 the Mechanics
Baking Association, North River, East River and Gro
seys ssnts of this city, has become laS. Tfs allows
u the r-duo'n Of their capitals and removes obec
soos hat may rsised By Of their Labi
sss having been pSid through receivers.
ne transactions ., the Clearing House day "a
follows
Total balapeee. l'oooioso Az
me Metropolitan currency certificates now amount 70
oQ4s,oto.
Zee movement Of The banks In the four principal cities
Of the Union, which weekly reports made shown
ny Their last statements, Is as follows