The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-04-29
PRICES AND SALES STOCKS IN NEW YORK
BY TELEGRAPH
Through WILLIAM FISHER K Son, Stock and Bill Brokers
NJ. "a 9. IL.

In New York to day fances decidedly heavy and
nearly all the stocks the list fell off in price New
York Central declined 5s Reading ~ Cleveland and Tole
do \; Rock Island %; Harlem y; Galena and Chicago
X; Michigan Southern q; and Michigan Southern
guaranteed ~ Missouri 6s and Illinois Central bonds
declined i each and Canton but Virginia 6s sold at
yesterdays rate. Erie advanced at the first Board Il
but fell off again at the second Y.
The New York Tribune of today says
There is nothing doing in Exchange today and rates
are nominal. Sterling 1o9k Gll0S. Francs 5.l5a
There a rumor that the Pennsylvania Central had
reduced the passenger fare to Cleveland So would
Iorce the Central and Erie to make corresponding
ductioh 1t is stated that the time table the Central
viii be shortened hours between this city and
Cleveland to counteract this movement measuraby
this viii be an expensive eXpedcnt Rates upon cattle
also have been reduced and doves have arrived in this
city, brought from Chicago via the Fort Wayne the
Pennsylvania Central and Camden and Amboy Roads at
So 90 per head, about $55 per car load.
clared dividend of per cent.
The March earnings of the Indianapolis and Cincinnati
Road We're S3suOO The receipts reduced by the
falling of in eastward bound produce. The passenger
traffic good, and the merchandise freight shows an
increase upon last year 1t is officially stated that
there is no doubt Of resumption of dividends in July
The New York Courier and Enquirer of yesterday
says:
1t was reported Wednesday at the Corn Exchange
that the standard of inspection for Flour is to be still
how soon not stated Every man interested in the
legitimate flour trade of New York cordially wish
much to throw discredt upon New York as Flour Mark
et as the irregular Irresponsible and often defective in
spection which has of late years prevailed And few
new Inspectors would not be out of place.
The Boston Shipping List says:
The shipments of specie to Europe at present though
not lnconvcnently heavy and probably bearing pro
portion to the amounts shall be required to transmit
in the course of the ensuing summer balance the i'm
portatons of the SPRING begin feeling of un.
easness, observe which finds express in paragraphs
like this from the Providence journal The attention of
commercial men seriously attracted the heavy impor
ttons which already beginning the country
pi i's specie iew months kettle last few weeks will
bring about another scarcity of money, sadly inter
rupt the revving confidence and enterprise which have
succeeded the last one There reason to arprehepd
that the imports throughout the be in the
same ratio with those in the spring 1t true there are
heavy orders forward England and the Con
tnent to meet the anticipated exgences of trade
here but, viewed whole, far be ascertaned
Ie purchases VIII on comparatively moderate scale.
Hence, not likely to have few months like the
past few weeks and, therefore, the apprehended
city OF money, and check to rcvivng confidence"
may venture tohope, not altogether well grounded.
The money market doubtless will he harder towards mid
summer, when cotton shipments falling and there being
no foreign demand to speak of for other American
gold and silver must go forward ohep adjust the balance
against but, with the California if the
harvest turn out WELL and the general business interests
of the country continue to improve as they i'm
proVlng-sowly, but surely-the scarcity must
ry be temporary and, with prudent management
part of the banks in beginning gradually
their loans, it is difficult to discover special
present unhappness. We arrive these conclusions
however, upon the assumption that moderation. and
extavagance and recklessness is 10 govern if it do not
now govern foreign trade for the remainder the
year and that crop prospects, sufficiently promising
present, are not only to experience drawbacks
weather, weevl worm or rust, but to bring forth har
vest the product of which will find ready and remunera
tive markets the other side of the Atlantic Should
these assumptions not be borne by the facts il is
something akin to ahccation to deny that fall and
winter may find US in position to regret the overtradng
OF the Spring and to realize when late that though
the demand for actual consumption such as at the
time to absorb the great bulk these importatons AS
soon as they landed at the wharf it had better
to abure the perniciouS system of long credits and defer
meeting that demand until such times as the country is
better able to buy for cash
MARYLAND Coal TRADE, during the week ending Sat
urday, April %, lS59-Shpped over the Cumberland and