The New York herald., 1870-03-30

THE MONEY MARKET MORE ACTIVE
There was more inquiry for money and little diff
Guilty was had IN procuring five per cent among the
stock houses, although the leading government
houses continued to De supplied at four to i've. me
activity was felt for brief ume only in the interval
OF the half hour TO the closing OF the banks and was
luly met at the higher OF the rates above quoted.
STOCKS STRONG AND DULL.
While the general market at the Stock Exchange
was dull nere was considerable activity In few
favorites ana firm undertone to the gene
raj list which would indicate that now,
WIN gold as near bottom as 1t can
reasonably be expected to go for the present, the
cliques are about to start new bull movement the
success OF which, however, will depend upon the
alliance and support given them by the public and
smaller operators. The evidence OF this new move
ment was furnished IN Northwestern and Pacific
Mall which have been selected on account OF the
enormous 'short" interest outstanding In BOTH
Fort Wayne was firm on the prospect OF further
cash dividend to represent the undivided assets
when tho road was perpetually leased by the Penn
sylyania Central Otherwise the railways were
strong at an Improvement OF q quarter to half
per cent, excepting New York Central scrip.
which declined to $50. 1t would seem that
the Central clique, having bought in their
STOCKS TO get the dividend are now quietly
selling them back TO the public, In whose hands they
cline. AS the next dividend day approaches the
CLIQUE VIII buy again, obtain the eight per cent cash
and sell out before. This plan of ''wlnning the
divldends' was quite successfully practsed on the
stocks whose dividends fell due last fall II present
appearances are any sign, 1t would appear that the
cques are about repeating another Of their strategic
methods OF specuation-viz, by visiting the shares
on the stock list consecutivey. They operated on
this principle with great profit last spring. They
seem now to have team in hand to lead OH with
viz, Northwestern and
PACIFIC MAIL.
The movement is rather more decided in the lat.
ter and the point" is being quietly distributed
that IL Is 1.-THE next card" The .bulls' in it now
are the same individuals who, few months since,
were sanguine 1t was going to % or even 90 1t
naturally forms good basis for .'buln movement,
as the street s heavily short OF It, the public for
getting the advice or old operators to ''se high
priced stock but buy low-priced one.n 1t lends
down to 'nat'' at the board III the morning. More
over, the annual report Of the company is expected
in o few days, and viii show assets suficent to
justify reaction. Some OF the features OF this re.
port have 'leaked" out as follows:-
LIABILITIES.
Stock held by company-27,0 900 shares ~ 200 900
Par value OF shares ah0at. ...-........ II 800 600
The company have no bonded deDt.
ASSETS.
3063 shares Panama Railroad at 1s5..... $500 900
United states government bonds, par
value. ......................,..... 5o0 600
Due from Novelty works. S................. 30U, 600
$50 600 tons c0aE .................... 1900, 600
stores (cOSt price,. Observation-Disclosures. 300 600
Real estate lcost price,. 1,S0000
Twenty-Five steamers fcost price
ST. .000 present price al the lOwest) 1000 900
Casn Oh ilanu ACKNOWLEDGEMENTS. 200, 0C0
Total ca ooo ooo