The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-05-12
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February. ACKNOWLEDGEMENTS 49,.
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Compared with 1858, an Augmentation is shown
Of IS 97l Sl7, or nearly 30 per cent With regard
to imported articles, principal feature still con-
sists in the comparatively small arrivals Of wheat
and four-a peculiarly which win probably cease
during the present month.
There is no change in our money market; we still
quote call loans at 6, short first class double name
paper 81, long do. do. 81 81, second class pa
per "A - 10, single names a Z q 8, &c. But
the supply of money is in excess of the amount of
paper that is making, and the market is dull The
Sub Treasury gained money today; the receipts
were $l3l $50, OF which tsl 600 from customs;
payments balance this evening, SO 4Ss, s24
The foreign exchange market wss dull to-day,
without change in rates. The best bankers bills
sell at 1904 for sterling and s.lal for francs. The
movement in produce will supply exchange, which
for time may check, to some extent, the export
Of bullion. I've two steamers tomorrow win take
from 100000 70 $500, 900 in specie.
There was reaction In the stock market to-day,
though not until still higher prices than those Of
yesterday had been reached. New York Central
touched sl&; Galena, 67l Rcsk Island, III; Michi-
gan Central, a5l; Illinois Central, 60; Erie, zig;
after which they all fell back per cent closing
in the afternoon steady at decline from the prices
of the morning. There can be no question but
there are mere outside orders in the market than
there have been for some time, though q good
many outsiders are availng themselves Of the pre-
sent advance to sell az well "a to buy. In the main,
the market appears to be . rising one, in con-
sequence Of the general recovery Of the
Western country and the steady increase
of railway traffic; but, for the present, the
chances seem in favor Of . moderate reaction.
The advance of the past week has been too rapid
and too oapricious TO be lasting. The advance In
Erie shares Ia asserted 10 be the effect Of English
orders No doubt Mr.. Marsh's administration Is the
best the road has had for years bot the business
TO make the shares worth s2l has not yet made ita
l appearance. Perhsps 1t may, by-and-by, but Eng
lish spectators are proverbially unsafe guides
The business on the Central ia said 70 be very hand
some Nay viii, 1t IL expected, show an increase Of
fully 100000. There was very little done In Stat<
stocks, and the market In this respect was ratheI
dull to-day. This afternoon the market was very &C
tive and stocks clcsed steady st the following quota
tions:-virginis e's, OH 92i Missouri e's, s3i
| A; Canton, 2Ii; Cumberland Coal, IL Is; Pacific
II
sOI 81; Erie, Il /; Hudson River, AL I; Har
lem, 49, az; do. preferred, 3si SO; Reading, 43l
| a I; Michigan Central, 49i o 1; Michigan souiherr
and Northern Indiana, l2i IS; do. guaranteed, Isl
| a &c; Panama, l45i lac; Illinois Central, 81 4
! Ga,ena and Chicago, SCI . I; Cleveland and Tole
do, 81 Q A; Chicago and Rock Island, GOT 4; Hi
l nois Central, cola
The importation of dry goods for the week end
ing this day In smaller than that Of the correspond
ing week Of last year. buS in excess Of that Of the
| corresponding week Of 1858, the figures being
ssSsDOo, against 81 lss 900 last year. and 1896 ,ooC
in 1858; 80 that the aggregate inporsaticns since
January are now 81 05l 900 less than those Of las
wear. This Ia an excellent thing for the dry good
dealers, and not bad thing for the country. II 4
tone feared, however, that like all healthy indies
tons. il viii be made the pretext for excessive
movement this fall, and that the losses Of the earl
| spring will be repealed In October. Much,
| course, VIII depend on the course Of the banks
! which. for the past month, have pursued a yer
sep.ble and ssgacous course; II they adhere 70 4
| the dry goods import may be moderate throuShor
. l the year.
. The following Il q statement, from ofbciI
J | sources, of the condition Of the Hudson Rive
. Railroad Company
c.psal stock 81, 100 sAarss Size each s,770'o
!. | Frs ms~tags toads.
4 | s~ccnd ...''.'.'''-'''' 40
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!. l Convertible. ...........ssss''.'''' ',ooN a., A.
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OCTOBER 1851 ssD..%sr So :ss s ,.a,sv sss