The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-04-09
FINANCIAL AND COMMERCIAL.

FRIDAY, April S-SP,M.
The arrival Of the Canada at Halifax places in posses
Of three days later intelligence from Europe At the
time write but little Of the Political intelligence has
yet come 10 hand It is known, however, that Austria
has her to the proposed Congress- yet ths
funds quoted q than by the Indian, aud x low
than by the previous arrival An explanation Of this
anomaly will be doubtless furnished by the nteligeocs
another column. Cotton has no, sympathized it IS -
higher and The purchases at Liverpool continue TO be very
srge-sn indication that the apprehension Of impending
is general Money more active the teegraphc
report says "suingent," which is a singular word 10
spply to 2}s per cent money market Brcadstuns con
sinue duI, without change in price.
There Is not the least change in our money mar
ke The demand for money continues to be far too light
absorb the supply and the competition among lenders
Keeps down the rate, both in all street and among the
discount brokers. Exchange is strong al slightly higher
rates The Gre At New Orleans 10 supposed TO have
affected the market. The leading drawers asking
no, ard l09 is obtained for rst class mercantile bills
Francs range from SIN to bl3H. The Kangaroo viii
take out about $3.50 600 70
The leading of the day at the Stock Exchangsis
the sudden rise Pacific Mail, which to day three
per cent closing at 81 having risen per within
week. An attempt is made TO ascribe this sudden rice
10 altered relations between Commodore Vanderbilt aoi
the company The fact that these relations just
what they we're At the time the Commodore broke with
the company there a disputed between them
This Nc. Vanderbilt. offered leave to arbitration; ho
company refused. Within few days the Pacific
Mail directors have changed their minds the suo-
ject, and nominated NJ. r. B. Mnmrn their
arbitrator Mr.. Vanderbilt has chosen Mr.. Moses
Taylor. This is all that has beea done, and
will ct be perceived that oyert1rcs ever have
been made toward adj asment Of the competition be-
tween parties The rise OF nine which
taken place the stock DUE not TO the appointment OF
arbra.ors but the sales Of the BEARS who have
been operating recklessly in Pacific Mil as they are
dong in the Western stocks. Today there are
whispers of contracts which not responded 10.
This TO be expected. II should operate lesson TO
the outsiders who are buying cheap stocks 1t ia true
that by taking sellers options they buy cheapy
than for cash they should be careful whose contracts
they take, and OF Doubt should exact the per
cent deposit allowed by The rules Of the Board.
Stocks generally opened pretty steady to-day; but
the from Europe and the bold oper ,tions
of the bears caused prices 20 recede before the
close of the day The State stock ana bond market
was firm. Mssouris advanced 4 per cent, aud were
freely taken at the advance. Hudson River thirds ad
vanced Il per cent. Michigan Southern seconds
than usual Tue Western stocks steady
without change In price. Illinois Central is rather
stronger. New York Central, which continues to be
op1ect OF $1,000 ltS ground
pretty we'll. Panama per cent higher. In the
afternoon there large sales Of Michigan guaranteed
Galena and Rock Island at the lowest prices Of the day
The unsettled at the Close the following being
ne lowest pices-Mssour 6s, Ss14 q Canton, 1924
90 Cumberland Coal, 22h %; Pacii; Nall 81 81 "a;
New York Central, ,5S Z; Erie, 91s y; Hadson
River, 335z g Harlem, 1914 -; Reading 500 u
Michigan Central, 80 u; Michigan Southern, is d
do guaranteed, 80 "a; Panama, i2o ~ Illinois Cen
trial. esq CO Galera and Chicago. 81 q, Cleveland
ana Toledo, 24ss x; Chicago and Rock Island, SOS
a; Milwaukie and Mississippi, Ia a.
The business Of the suo Treasury follows To-
day
ioai receie... sllooot W
-rfob tostoms. o',poo W
IOal payiEehts. <oS'Vos -
Aoial ,Llo;Soo
The exc halges at the Clearing House this morning
s2o, 757 sos 81, and the balances 81 ,o3i,6o0 20.
The American Trades Company has declared dividend
Of two sd half per cent for the quarter ending Marcn
81, payable on the 10Th of April.
Toe dry goods import of the week has been very large
So 4ol 1856, against 81 ,l64,42 week in 1858,
4s7 592 in 1857 making the total import 10 date s35
ll6765, against sl5, $50 to date OF 1865,
| i99, Oh. 70 same Gate OF 1857