The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-04-12


those OF last year, and increase Of $4,000 over
1873 and the exports exhibit the following results
Comp'd ,cih G. Brit. France. Other r. p. TOTAL Stock
Increase. Increase Decrease. Increase. Increase
Last year. $4,000 10000 10000 $4,000 1910
1875. 900 1885,, 900 1856 900 27o COO 1873 900
The following earnings in the first week of April
on some of the Western roads have come to
hand
Railroads. Ap. ls,1s5s Ap. IS. 1860 Inc or Dec
Galena ...$ 2l ,l79 2O.449 100 Dec
Illinois Central. 1859 z7,Oos 1851 Inc Inc
The Council of the city of Alton, Illinois, have
rescinded their resolution to withhold the payment
of the interest due on the LIST inst on certain bonds
endorsed by the city. The Alton Courier says
The most important action at the Council that in
aton TO the payment Of the railroad interest The Coun
Gil took the back track quite gracefully, the whole
voted to rescnd the former withholding the interest
on the Chicago and Mississippi road bonds, and voted
for the payment Of the July interest the Terre
Haute road bonds The vote each question stood
TO three We need not say that most heartily rejoice
that Alton does repudiatethat she ready
pay her honest Indebtedness The Council thought itself
usunea N wlnhodng tne interest ior timeEwe did not
ceve warm commendation from every one who has the
interests OF our city at heart
The New Orleans Commercial Bulletin of Satur
day reports
The exchange market has been inactive from the open
ing TO the close OF the week. and the tendency of quota
tons has been steadily downward. The supply has but
slightly increased since the close of the previous review
but offerings proved than ample for the demand,
and the daily operations have been restricted
Rates Of nearly all descriptions show decline on last
weeks figures and the market CLOSED fat at the following
revised quotations.
Clear sterling bills 81. 81 per cent prem.
BIZ Of iadng drafts ..7s7a per cent prem prem
Sixty day bills on tho North IL * ~ per cent dis.
Sight,. u dis. par Is per cent prem
The Boston Post, in its weekly review, says
last week was easy time for money, fzvorite
names securities Five per cent the going
rates and any quantity Of credit to be had for the
asking by the accepted sort Of borrowers We may
sby be has!y in caution but small signs of the
times coming TO notice. that indicate that we have
recently been going ahead little too fast in the money
lending way 10 be things may take a different
again. but for several days the banks have ceased
TO gain SPECIE while there symptoms Of greater &C
tivity of money in Wall street, at small increase OF
than has been New York. far az we can discover
for with length OF paper has not nterfered with the
Of negotiations at the cheapest figure Within
few weeks very heavy amount OF long paper, payable
almost anywhere, but strengthened by powerful home
endorse mens has been discounted in Boston, The money
received has gone TO for imports and purchases In
New York; as well as to our own traders and manufac
turers. Some Of has been directly obtained by New
York houses Our present Inference is therefore, that
the extreme Of this market is likely TO be checked
rate, Of a further decline Of rates.