The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-04-12
FINANCIAL AND COMMERCIAL.
MONDAY. Anrn ll-ar

MONDAY, April ll-ePM
The stock market opened weak and irregular this
morning. aud large majority OF the shares which are
mostly dealt in suffered from the depressing spirit which
pervaied These temporary reactions quite natural
and OF periodical occurrence but in general point OF
view In times like the present, hen the currency being
funated at the rate OF a million day, while the
banks are steadily expanding their aud discounts
shere can be but for ueary every description
OF stocks that have than ideal basis and
that Is upward The speculative mania Is too firmly
nxe1 10 the minds Of operators 10 be disturbed
Tor more than day or two at time by slight turning
OF the current in direction contrary their desires,
which the tendency Of the market The commence
meot OF the present year fully proves The highest point
has not yet been reached, il likely that II will be
until the word g contraction" is sounded from the
Treasury Department al Washington and from the New
York Clearing House. but that time has not yet arrived
aud the public may easy for year more TO
Harlem Railroad opened at $50, against 49, which was
the closing price Saturday it then ran up to 1885, and
before finished sold for cash al 49, and for
No. seller thirty days Compared with the sales at the
hrs, board Saturday Galeua and Chicago
advanced r. Cleveland and Toledo l. and Quicksilver
Mining . New York Central declined Il Erie g, Erie
preierrails Hudson River Reading q Milwaukee and
Prairie du Chen Michigan Central Michigan Southern
i, Illinois Central ., Cleveland AMI Pttsburg Chicago
aud Rock Island y, Pttsburg and Fort Wayne 6, Chi
=,
Cumberland Coal i.
Stocks generally become more firm iu the afternoon
The closing prices were, for New York Central 1928,
Erie Railroad 1859, Erie preferred NIX, Harlem l79,
Huds River l57 Reading 1861 Michigan Central 1853,
Michigan southern l5. Illinois Central l46sI, Gaena
aud Chicago l434 Cleveland and Pittsburg l2aA Chi
cage and Rock Island 1884, Chicago and Northwestern
67a aud Pittsburg and Fort Wayne l42k
Very little was done IN sterling exchange, BANKERS
bills being quo,eda ST lSS.
Gold opened this morning at III, and ia the
ate nooa TO l72s, only quarter per below The
highest Ggure attained during the excitement in Febru
AIRY. 1863 On the Goth OF that month touched l72k
but 10 less than week thereafter 1t down $50.
The value Of a currency dollar is only fifty eight
cents.
Tie following table shows the OF tue bank
ment at the commencement Of the present year. with
those OF the three past weeks
ho4n ss s p, Cox c'rc req a., D'pos
Mar 20 l9s,sy24 ae 2o,s25 5o4 5sl4,l35 ,3S 90l
Apr 2o3,siS.l3 1887 Cos 95,9eS lI1,l5l 297
April o. 2os a35 1872 2o,92a.2sI 5So4, oil l70,5l3o2O
nwi be that since The returns OF the previous
there has beeu under each except
that deposits, the marked OF which The large
addition amount OF specie. The statement Just
published compares With that made the % inst as
follows
Increase in loans $4,000
lncre1 ~ circulation OBSERVATION-DISCLOSURES. S5!S
Decrease 10 deposits 63S217
The sudden cueck the Of deposits caused
by the course which capital is taking the tea
forty loan.
The transactions at the Office Of the Assistant Treasurer
embraced the following sums
Amount 90 band s37 ,619 ,224
Receipts som customs Observation-Disclosures. 100000 |
From other sources. 1052 ,23S
Total $50, 09l 462
Payments %, 972
Balance. .S32 S65 400
Tue subscriptions to the ten-forty loan st the Sub
Treasury to-day amounted to SIPS i50 The subscrip
1 Ing I 10 EirsfN panL MARA ZOO