The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-06-04
FINANCIAL AND CONNER GAL.
FRIDAY, june 3--6 P. n.

FRIDAY, june 3-6P. n.
ne amount OF specie to 20 abroad TO- n"--'w IN 'n0
va.derbit and City Of Baltimore VII psoo.o'y oe o'ef
a ,6ee 900, ana may not exceed s1'osO'' " W." sum
ahr. housas Belmont Ba- Sander and the agents o!
az R.u Of B,. A.-ssCa, ship, between them, 81 250
sec nonange quoted very duh indeed though there
. little grange o. rates Some banking houses which
have been doing business at ll0ka for 60 day stsr
ing bills content to sell At 110pet Rather
sght bills offering at 1l0ss for sterling and
nix ret for francs From present appearances, the
shpmsDt on Wednesday does not promise to be large
but 20 long continue import we are doing, We
shall remain debtors to Europe and that debt We nave
nothing else TO send, must be paid IN specie. our
import OF dry goods during the past week
- again =. considerably in excess OF 'nat
q the corresponding week 1851 So long as this sort or
thing lasts the interval between the end OF the cotton ex
Port and commencement Of the export OF gram cannot
but be brdged by shipments of specie. Money Is
without change On first securities any amount
DO had five and six per cent on CALI but some very fair
paper being done at nine and ten per cent The true
rate for class endorsed months, continues, how
ever be per cent The banks understood to
be gradually contracting. Had they done So at this
san, In 1867, they need pever have suspended.
Duness continues reign supreme Stock Exchange
business today perhaps rather larger yes
to-day but II falls very far short OF the average amount
Socks continue TO be scarce, and from all that can
learn, they are not being piled up anywhere under by
psshecaton but being taken out Of the street by nd
viduas who believe future value The transfer
books OF most Of the leading show steady reduc-
zion Of the amount held in the Of
wan street brokers and bankers. 1t must be
supposed that the buyers generally Of means
who foresee the beneficial effect which the rpenng crops
are going to exercise railway property and take ad
i,.. ht,xr fur
ssrsng the enlisted in the street against stocks
these purchases have had effect in causing advance
IN prices the progresses, the present hopes
Of the realized, buoyant market may
be looked for Letters from Illinois that unless some
accident happen to the crops that State and Iowa and
Minnesota, there will net be roads enough to do the fail
business. Friends of the Rock Island aud Gaena are 10
good spirits From Michigan we hear tina. the crop is
going be the largest harvested and much Of
being chattel mortgaged, will to market directly
Inc last week Of Nay the Michigan Southern only
shows q decline Of So s49 the New York Gen.
trail its rivals settle their disputes the Western roads
which prorate with them viii begin to show increase
last year.
New York Central was lower again to-day. II opened
NJ 72Z declined to 72, reacted TN ri which price
enormous sales male hortopons by the BEARS
sold the afternoon at TIN and closed at tina. bid No
arther progress has ~ard a settlement of
Ae difficulty. We have heard but opinion expressed
today in financial circles the subject OF the dispute
between the four roads and that unqualified
Of suggestion that hessrs Corning Moran Thomson
and Garrett should, they cannot agree upon conpro
mise, resign off;e, and give opportunity of
savpg the properties which they running. We will
venture that four Presidents would settle the
dispute within week after taking office. The Western
roads quiet day, without material change Of price
Rock Island has not been much damaged by the report of
NE government engineers against the bridge. Reading
per cent lower Pacific mail seady State stocks
moderately active, without change Of price.
In the afternoon there very little business done
and prices without change The market closed dull
The following being the last quotatons-M ssouris 81 n
Canton 10; Cumberland, lSh q Pacific MAIL II u New
York Central, 72ha q Erie, ga u Hudson, 81 n Ear
lem, lo1l IL Reading 3e1S Y; Michigan Cenual, AK
AZ Michigan Southern, ga a. do guar Aneed, 3I11
q; Pasams, 1lSh q 11e; Illinois Central $685. x;
Gaiena and Chicago, 64 "a Cleveland and Toledo 265
4; Chicago and Rock Island, 5Sas4.
The following the May receipts of the Hudson River
Railroad
,26o 90
may, rs, l32 u
4nc 100 90
The business of the Sub Treasury TO dsy was as fol-
Hws-
'cteI rece szto,Veo ~
For customs $4,000 10
Trfal nay