The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-06-16
FINANCIAL AND CONNER GAL,

WEDNESDAY, June l5-6 P. ".
The steamer Hammouia, which sailed to day from this
port for Europe $3.50 spece ana the Cunard
steamer from Boston $4,000 which $50 900 was sent
from this city 1t is impossible aay at this time how
much specie may 60 the Ariel City Washing
ton Saturday, but from present appearances the
amount will not be large Specie both gold and silver,
continues TO arrive from the South doubloons
will come in from Havana, where the exchanges Justify
the export Of gold The improvement in cotton will tend
10 cheek the specie export the leading drawers viii
heir exchange With cotton bills. To day there is
very little doing foreign exchange prices are steady
but there s demand. The leading discount brokers
report easier money market With prospect of re-
fxed rates next week II not earlier.
There have been already come deposits at the
Sub Treasury in this city account of bids
Treasury From present appearances,
the government will probably be enabled TO dis
pose of them at 81 per cent, and perhaps even
hss A few weeks later, if no accident happens,
there would hay been difficulty in placing FIVE
per cents Even it is, the prospect fair that the
competition will be spirited Some people expec. that
bids Tor twenty millions of notes Will be sent in.
We have still movement 20 in the stock mar
ket though prices this morning firm the efforts
Of The obbers to depress them successful than for the
PAST days It remarked that though opera
tors control she market, and lave done for time
II IS good while since they made any money In New
York Central for instance, the joobers have paid
penses for time For month co. both Central
the Western stocks have been pretty steady; kept up by
The very low prices current and the unwlingpess
Of the public to sell; and kept down By the hammer
ing Of the bears, and the unwillngness of the
public TO buy Il is likely that after time the otbers
will weary Of selling stocks for fall buying them back
ut the price. From time time too, il may be
pected the fall business increases and the bear sales
reach extreme volume, that the friends Of several
stocks will punish their essalan,s after the fashion lately
pursued by the Rock Island party We hear today Of
pates which said to be in process OF formation in
One two leading stocks Now that the panic has
gubsided active movements favor of may be ex
pected in several stocks which have intrinsic value
powerful friends They may not all prove successful but
the chances that the Rock Island movement will not
prove a solitary exception, and that .he general
change from the present period OF duness will be toward
recovery. New York Central opened this morning Z a
"a better than closed yesterday vigorous attack
by the bears caused 1t to decline "a per cent in the
afternoon il sold at 1874 and cloEed at that bid.
The Western stocks were all steady, though
severely hammered The Michigan shares were attacked
with extraordinary yirulenoe the price, however
rot affected. Tese roads marked gamers by the
settlement Of the late competition between the four trunk
inos, with which they porated. Hudson River, which
~ equally benefited, Arm to day. Erie shade
better. From what hear Of the scheme lease this
road, we imagine that It viii end in smoke State stocks
were steady ths morning, with fair inquiry. bonds
there was very lite done, but prices were steady In
the afternoon there YVES moderate business done
and prices were something better The market
closed dull ct the following prices --Nssouris s5zI
d Sex Canton, 1sif 1eA Cumberland Coal,
II TX Pacific Mall 6sa Z New York Central,
T3i<a q Erie, eK Il; Hudson River, 3l1. X Har-
lem, 1oi4 y; Reading, 4oX Y; Michigan Central
ao5S 2 Met ian Southern, go 9; ditto guaranteed
29< so Panama, 12l q 1872 Illinois Central, 55a q
oalena and Chicago, eszS 81; Cleveland and Toledo
ia "a Chicago and Rock Island, 5eJS y.
BY the arrival VI the Europa at Halifax and tie City Of
Ancnester here, have three days later dates The
reduction OF the rate Of interest the Bank Of England
was expected further reduction will probably shortly
follow The bank had gained G3T5 900 in specie with our
heavy rentances 10 arrive. Censos were steady the
money market easier breadstufs dull; cotton X higher
provisoLs steady American stocks drra.
Ii hardly necessary to say that the stories which
have been admitted TO come 81 The papers about fresh
ssensone between the four roads have n, foundation
in fact Stern experience has taught the MANAGERS the ~
of the past We have the best means OF knowing thai
an excellent feeling prevails among the and that ee
ng which will probably be held here mex, week. will
again raise reighs There is at present no DANGER Of
new rupture.
The business CT the sub.Treasry to.oAy was as fol.
lows
Total receipts. Slso 1873 20
FOR cuEtofDs.. 1z''NH ~
Jotal pay mene ...'.........-.'''''' sos 'sSs 4,