The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-02-21
PRICES AND SALES OF STOCKS IN NEW YORK.
BY TELEGRAPH
through WILLIAM FISHER * Sny Stock and RiIl Rrokar


At New York the only feature in money is increased
ease. The supply on demand is abundant to favori
borrowers at per cent Some of the banks evncc rahe
more disposition to lend call, some loans which
put up to per cent have been reduced to 5 PEI
cent
In Exchange there is nothing doing of Importance
Rates are unchanged. Sterling, SH(G109%. Francs
517h@512K
The following is comparative of the import:
of foreign dry goods New York week and since
Jan. l.
For the ,oeek. 1857 1853 1880
Thrown on the market. GIG 1885, ,536 97l ISL
Since Jan l.
Entered at the por... so 627 596 72l61l6 1896 4s
Thrown on the market 20 $40 Sol 930 276 1925 735
The Herald says:
The long continued westerly and stormy weather
on the Atlantic have likely delayed the arrival many
vessels having valuable cargoes of goods
for this city Hence during the past week importa
tlons of dry goods have been materially below those
the same period in the preceding years The
taons since the 1s of January 1859 while
low those oil 1897 are largely in of those for the
Mr. Satterthwates circular, by the America says:
Our Stock market has been unsettled during past
week. consequent upon the distust to the course
Of European politics. the effect has cau, intend
ing purchasers suspend operations and to induce
uatrs TO close accounts much possibe hence
we have an increased supply of money Offering Loans
cannot be lent on Consols even at cent and
24 cent freely accepted by lenders Railroad
curities. In the discount market the rate is 240I per
cent Consus close 95$ (GA for money and account
American Securities; no large amount of Bonds Shares
are pressing, and we note an increasing disposition to
take the best class of railway bonds investment 90
mas been freely paid for Pennsylvania st Mortgage New
YORK Central per cent have brought "a and per
cent S5%. The Michigan Central Company having put
itself into financially soundpostion, confidence in its
bonds is becoming more manifest and we note purchases
at So with but few bonds offering Illinois Shares
without alteration, at "a dis notwithstanding the
vance to rs dis, reported from New York. Free Land
Bonds are in demand at 81 but sellers asking higher
rates.
The New York Herald saws.
We hear OF novel dispute between the Collector of the
Customs and leading merchant in reference the true
admits coffee imported from the place of production
duty free, but eves duty of Is per on coffee i'm
ported from any other place than the place of its produc
ton For the last twenty years. under this and similar
clauses in the older tariffs coffee has been imported from
Singapore free of duty Yesterday, however, the
Custom House officials discov that coffee is not
grown at Singapore and dem anded Is per duty on
Collector this view sustained, the ground that
SINGAPORE WIS not producer of coffee The merchant
paid under protest and has referred the Washing
ton 1t viii probably be found that coffee is grown the
island of Singapore which has 25 miles and
well adapted for coffee growing; though no doubt the
island boatmen in the habit of bringing port
coffee from the neighborng settlements peninsula
Sudden changes in the Interpretation of the tariff
fair to merchants
THE BARBADOS FoRGERIEs The Colonial Bank in
London advise their correspondents in this city that
SIS0o of the fraudulent bills made from Barbados
OF the Americas mail The German Comm ercioI
oNew York gives the following of the
ton
"Several months ago German named Henry Lane or
laner arrived in this country from Europe pretending
to have lost considerable money and wishing regain
part of his loss i'll this country He quite
mended by houses of the highest standing in Europe
parties in this city, and thus found difficulty gaining
under the assumed name Of Henry Law the confidence
OF some of the largest houses amongst them banking
house of g. H. Nom Baur Co, which did hesitate
advance large amount shipment produce to An
uSua The returns, however, not forthcoming as
promised by Law. Messrs Vom Baur became pressing in
thelr demands, when the next steamer from Havana
brought genuine draft for 81 500, which they
promptly. A few days later Law called Vom Baur Il
Co and asked them to purchase draft from branch
OF the Colonial Bank in Antigua the Home Institution
IN London for O00 to which Messrs Vom Baur readily
acquiesced.
This draft which proved forgery, was sold by Vom
baur, without endorsement, to L. Won Hoffman, & Co,
and the proceeds paid to Law who managed to
sell through various exchange brokers forged
extent OF tl20CO, to different importing houses
others to de NeSser "a 900, which loss fall on the
buyers This affair will probably terminate in law suit
considerable interest to the mercantile community as
essrS on Hoffman, intend proceeding against Messrs
om baur Tor the amount of the draft ght them
without endorsement while latter sclaim every re-
sponSibiy on the ground that forgery was unknown
TO them and that by buying draft without indorse-
ment, ION Hofmann waived the right claim against
the preceding holder Besides the above f2 O0O L. Won
Hoffman, Co bought further G4 900 the same paper
from different parties