The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-06-22

kchaDge on Europe is dull at Inst quotations Bank
IRE asking 1l0H s 16 for sixty day bills, and 1l01
short sight; tho quotation for francs is 5.1O TX
sixty days, and 5.S for short sight. The amount
numerical bills shipped to cover banke1s exchange is
er than usual; it is not likely that the specie ship
to morrow will exceed 100000 or $500 600. The
Ing drawers are not shipping. Money is working
! easiy-more 80 than the award Of the Treasury
yesterday would lead one to suppose. II is abun-
at per cent call, and at on undoubted paper.
surprise is expressed that the government should
had to pay per cent for money when 1t is going
ling among the brokers Of s; but it must be renem.
d that with the present prospects Of heavy Western
large amounts Of money will be needed in the West
fall, and the rate Of interest in this city can hardly
ain as low as SIX per cent. What with the crop on
side, and the enormous mportations on the other,
Der will probably witness pretty active money mar
and that will test the strength of some OF The
pantile houses which are running US 80 heavily in
10 the foreign world.
stock market continues sluggish AMI prices are a
ion lower. The Western railway shares continue to
bverely attacked by the jobbe7s for fall and ia the
noe Of any general outside buying prices naturally
10 In consequence. The earnings on most Of tho
ern roads have probably reached their lowest points
few weeks the roads will feel the effect of the new
J, and Of the improved credit which they will SECURE
Pestern people. Galena, Rock Island and Michigan
hern were hammered with particular vralence this
ling; the decline in each was equal to abou, per
Rock Island was done as low as So per cent: Ga
90, and Michigan Southern 20. New York Central
Fkewise severely hammered by the be ,rs aud sales
made at u decline OF 4 per cent All these roads are
be feeling the effects of the late compact rasogfarcs
eishts. Reading is higher to Sne Ph.ladelphans
the market as buyers again. State stocks and good
are very firm at steady prices Missouris are sell.
Seh, at which price large quantity was bought
for delivery under bear contract at So Panama
Atnized with the general market and declined u per
some people are disapponted at no extra dividend
declared Pacific Mail is 1rm at yesterdays price
ag IS known Of the oompsny's intentions vita re-
TO an Atlantic connection at tho expiration of ibs
pt contract with the United Sta.es Mail Com,anv q,
likely that they will then be forced n u,ko son,
cement with the Commodore. 10 the af.ernoo, ,ho
was dull aad stocks closed heavy at the ro,,o,,;,
ions: -Hissour 6's, s614 AZ; Canton, 1ss< ,Io
Priand Coal II x; Pacific Mail, SO a x; New Yor.
y, 1922 u; Erie, ga a y; Hudson River, 81.
Erlem, 1e14 Il; Reading, AK AZ; Michigan Con
pH u; Michigan Southern and Northern Indiana
do. guaranteed, 80 q u; Panama, 122 a u; ILL. |
ensrai, 6sK 90; Galena and Chicago, 63xaaS;
md and Toledo, 2s,6 X; Chicago and Rock Island,
following was the business OF tho Sub Treasury to.
eOnpss ............... 1855, 4o2 90
ou,', w 81 VTssoh. .......... $4,000 90
cc0unt OF Treasury uote5 .......,,. 6go Goa Ol |
ass' INSTRUMENTATION. 2s0s51 ~ |
.....4,30l fpl ~
Exchanges at Me Bank Clearing House this morn
$ls, 23s, AGO 50, md the balances ST. oo7 81