The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-04-11
FINANCIAL AND COMMERCIAL.


SAURpAy, April lo-oP. H.
rhsye was very active and = very buoyAnt stock
market this morning At the nrst board tho t-sucScns
we're 70 greater extent than we have noticed for
days The leading railroad stocks ell in demand,
and the advance realized ranged from quarter 70 i've
per cent Missouri Stale sixes improved per cent. Ia
Cosse and Milwaukee land grant bonds " Canton Com
pany, u; Delaware and Hudson, \; New York Control
Railroad, TX; Erie, az; Hudson River Railroad, ~;
Harlem, Ia; Reading, TX; Michigan Central Railroad,
IL; Michigan Southern old ~ do preferred 81 Ceve-
land, Columbus and Cincinnati NJ Galena and Chicago L.
Cleveland and Toledo, ~ Chicago and Rock Island TX
The probable Of the opposition ticket at the cleo
ten OF the Michigan Southern Railroad Company has had
favorable effect the market value Of the sock Tho
present sgement have little interest 10 the stock
30 little experience in railroad management. and little
efficiency generally, that the stockholders will be
gra.i6ed in making complete change The old
management far preferable, and will, without
doubt receive the necessary support The anti
Jervis ticket viii probably be elected. New York
Ceptrs Railroad particularly active this morning, and
closed firm at 50 per cent Chicago and Rock Island
opened and closed at steadily advancing prices A. the
board the market active but prises ruled
lower Points. New York Central fell of per cent; Hud-
River Railroad IL Harlem, u; Reading, Y; Michigan
Central Railroad y; Michigan Southern, old, III do. pre-
ferred Galena and Chicago, * Cleveland and Toe 10,
out change Coal advanced per cent After
the board prices improved again. end at the close the
market much more buoyant The spirit Of speculS-
ton is spreading, and i: looks very much though
strong upward movement about being insugurated.
The transactions II the Clearing Holse to day
follows
Total transactions eA $50 IL
TUtal exchanges. Ion ss4 09
The Metropolitan currency certificates amount to
1882 oOO
The steamship Vanderbilt from this por: for Hsvre To-
dag carried out $a35 900 in specie
The Assistant Treasurer reports day follows
1osi receipte $oo5eI o.
TOTAL pay menus. do1ios on
TOTAL b&iance. 1863 l2S 10
The receipts to day includes 80 COO from Customs
The anthracite coal trade Is Frightening up a little.
The schuyA, canal has brought down 1883 tons this
week and the Reading Railroad q 2elin ALL 49, S4 tons
for the week. The deficiency the railroad however,
Is large, compared with last year.
The receipts of the Harlem Railroad Company for the
month b! March were-
ls5'...... observation-disclosures. ss,o5s
Increase. s4,5ss
The operating expenses sis 600 this yeSr against
ses eco same mon tn last year.
Is proposed to call a meeting Of bondhoiders OF the
II Crosse and Milwaukee Railroad for consultation &c,
and holders Of the bonds will be notified OF the place and
time Of meeting by sending their addresses and the
Der Of bonds held by them Messrs. ". q. ward No
~ Exchange place.
The Philadelphia Ledger d the 10th inst. says
Monday next 10 the day which, under the law OF last
October all the suspended banks OF this State will have
to resume specie payments. Quite q number In the
have anticipated the law and have already resumed
Those that have not will be compelled 10 do So
law shall require the banks 10 receive each others notes
The country bank that shall fail 10 put m notes at par in
this city msy expect to have them bundled up and
home for coin fast received here. II will have
pay specie, which will require very material narrowing
Of circulation, or be content 70 be dscreded As
pueng the currency OF deprecated country bank bills
law requiring the banks 10 receive each others notes
will probably be eectusl under specie payments
than requiring the country banks 70 keep their
paJS by maintaining agency here for the purpose Of
keeping deposit at come one of our banks.