The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-06-01

BY TELEGRAPH.
Dugh ILLIAM FISHER X Son, Stock and Bill Brokers
No SnLIth trnuf

Cleveland and Toledo Railroad 26z. co
Michigan Southern Railroad. 9k 90
tnInhtr,ind Coai-.............. .......m 90
Galcna and Chicago. ............... 6s2
La, 'rosss and MILWAUKEE, Railroad. 90
Market duh dull.
In New York to-day most of the stocks on the list fell
off in price, but the greatest decline in Illinois
tral bonds, which fell OT4 per cent Virginia 6's declined
n New York Central % Reading Il; Michigan Southern
4 Rock Island e. Galcna and Chicago 9s; and Michigan
Southern gu ranteed <; Canton and Cleveland and To-
ledo advanced Z each but Erie Harlem and Missouri 6s
all closed at yesterdays figures.
The New York Tribune of to-day says:
The supply of money Offering call is larger than last
week, and We hear of some transactions ~ per cent
The current rate however, is per cent.
The market is dun for Foreign bills pecialv for thos
drawn against Cotton, which are almost unsaleabe,
less wt large margin. Bankers Sterling is steady at
51OG5.O7K
The sale Of the per cents is proceeding slowly
Some investors are holding off hoping to force the Secre
tay to advance the rate Of interest per cent but
prospect of success is not yet very brilliant.
The Caawba on her from New Orleans has $3.50 OOO
IN specie for this city The Arizona. at New Orleans has
5000 600 board We learn of 100000 or 500 900 in
gold going to Boston for the Wednesday steamer but
amount may be increased
The bank figures satisfactory was anticipated
the entire statement showing contraction The specie
in the average falls of 1870 000 but actual amount
in the bank vaults to-day is probably 81
than shown by the average. The loan line is down a
million and half which contraction has been made
without creating the slightest disturbance the money
market The fact that such unusually large shin
ment fcoin cOuld have been made during week and
contraction Of loans of probably 600 600 without
being seriously felt in the money market very graft
lying evidence of financial soundness and the wealth
OF the 'unry The deposits show decrease of nearly
100000 the natural result the movements of the
week in sp Gle and loans.
Ths following is comparative statement of the con
duon Of the New York Banks for the weeks ending May
2l and May 2s
May2I May2
Loans'..... Sl2S7ol553 Sl27l37 $50 Dec 81 56SS 1913
CrcuIa ion.....- SS52723 s285 Gas Dec Ia5 o7O
Net Deposits. Ss554 l3O $50 1855 Dec 1891 1856
The receipts of the Erie Road in aay show over 5000
600 decrease as compared with May, 1858. statement
Of the financial condition Of this unfortunate corporation
IS to be made to the ls June, when meeting of
ors and stockholders will he called in order
if they prepared forward and preserve the
property from the mortgage bondholders
The weekly statement of the Philadelphia Banks pre-
the previous week:
Gapal....... ..$li $3.50 81 8 $50 s. Inc eseo
Eoans''.' ..''... 20 s$7 976 2640645S Dec. 4S,5ls
B@s B1s d, G@ 5 2e5 do
Deposits .... 17ls2,349 16.4s4 661 do. 7276sS
Circulate on......... S,ol4659 2e75,7S6 do. 3S,923
CorNrERFELT BrLLs;-Three dollar counterfeit bills on
tn Fairfield County Bank Connecticut made their an
earlnce in New York on Monday.
AMERICAN SECURITIES LONDON MARKEr-May IL
- Railways. Closing Prices. Sales.
Illinois Central per cent, lS75......6S to 20
10. IS lSI5............. $50
Do. IS, Freeland, 1860. .....s4-s6 SAX
Do. 800 shares $50 paid ..........44 Adds 2dis
Michigan Central lst. mort. con. per
cent, ls6o' 6o'''''.................... ...78-S2
DO, lNo9........ -,..,............7S- - 81
Do, (,inkmg fund.- do, 1ss2......78-S2
AIichi,:'n K \ Indiana per cent
Sinking fundl 1851 .............. 60 - Ga
Do. 500 shares es..................l0- Is
New Yo'k Central, per cent. (snk
Do S SS' "s1 csn a's con 1854 50
D. De- per per cent rao lsinkiHg fund.- lS7ess-so
New York and Erie Sd mort per
Ga fen' sidS aSsS Shares
Pennsy ylvania Central Bonds, lst
mort. con-, per rcent........,,....Ss-
Do, "a mort, o per cent, sterling SIS 90
Philade phia and Reading Bonds, ist.
mort. per cent, 1S60.............SO- S5
Do. ID mort. 6per cent, 1870. .....70-75
10 So shares. ...................20-2 "a
The Times OF the 17th says: There been further
recovery in the shares of the Illinois Central but those of
the New York and Erie show decline.
oFFIcIAL-LoNDoN AGsSCY OF THE ILLINOIS CENTRAL
r. r. Co, 62 Gresham House, Old Broad street. LONDON
I4th May, ls59.-Sir: The undscharged liability on
the stock of the Company being ofanxiety to
many OF the shareholders the London Committee agreed
some time since with the Directors in New York that it
would be desirable to adopt if possible plan where
by the shareholders might have the of converting
their shares into paid zip stock which shall not
be Instantaneous the general of the comp
M or injurious to its credit and existing obligations.
plshed by giving shareholders las expressed fully in the
annexed resolutions of the Board and Directors expana
heir
shares In fuI at rate OF interest equivalent dvi
dend per the SIOS share or 10 per cent on
the $40 when thus contributed
You that the Freeand bonds of the company
mature in September 1860, and shown in said resolu
tions is proposed receive these bonds at par in pay
ment of the $40 share thereby Fastening their extnc
tton and giving shareholders the benefit any discount
on the bonds long they be purchased below par
The Freeiands themselves and the existing for lands
already sold ESTIMATED collectively amount to "a 646
t00,) would thus be relieved from mortgage and afford
ample guaranty independent other resources of the
V, to he share
holders the paid-up stock 1t may be well to remark
that this interest would not form new charge on the
cOmpany's resources, except in far it be in ex
cess of the existing interest the Freeland bonds
In the event OF your wishing avail yourself this
proposition, be good enough to fill up the enclosed appl
cation specifying the number of shares which you wish
topay upin full and the mode in which you propose to
the surrender ofthe old certificates we shall be prepared
on their arrival IRON New York. to issue new cerf,
Gates 500 paid with half yearly coupons attached to
books Wv e-
In the of shareholders registered in New York.
VINO may wish 70 make the payments in this country,
likewise authorized to receive the same and to amp
the old certificates with the payments in full marked
thereon For the convenience of shareholders will al
undertake to transmit to New York (giving in tile
meantime our formal official receiptl the certificates
stamped, and delivering in due course the certif
Gates.
The debentures recently SUBSIDIZED for WILL in terms of
circular of the 9TH instant be available at par in the
same manner as the Freeand bonds for payment of the
stock in full
We are, sir, yours faithfully,
ROBERT BENSON & Co.,
Agents of the Company
The Hammonia's mail furnishes London papers of the
following ' ~
The arrivals of Australian and American gold during
| past ten days have amounted to about f930 000 of
whch the greater part has been already taken for the
con'inen ana the remainder will Immediately follow.
1t is understood that the Indian Council will not make
any more specie shipments to India the advices lately
oeng ach US to warrant expectation that the
already Afforded will be sufficient to enable the
oGa to provide for all wants The total sent
IS believed to have been about G3 900 OoO
ed TINS morning at further advance more than onar
ter per cent ~ f.
In the foreign exchanges this afternoo, .b. o
slight improvement in the Austrian rates Han,burn "a a
quoted lower than last post and Amsterdam shade hiph
There were no bullion operations at the Bask tod.
The following items are from the Times city article q,
May IL:
It assumed that the per of 81 500 600 to
be supplied at the price of 20 to the Vienna
by the Lombardo Venitian provinces will be The
dividends are to he guaranteed in spece.
The of exchange quoted b' the Indian telegram to-
day Calcutta movement of about half per cent
in favor of this country In China there has been ad
turn equal to about per cent at Hong Kong,
2H per cent. at Shanghai
Arrivals silver from the Continent very limited
owing to the continued demand for Hamburg. The
price is 62Sd per
The Nord makes the following observations upon the
suspension Of payment by the house of Lutteroth
Trieste:
The suspen sion of the house of Lutteroh. is a still
greater calamity than that of the house of Arnsein and
Eskees at Vienna. The firm enjoyed European reputa
ton and the last commercial crisis did not shake it The
head of the house, NJ H. Lueroth is Consul General of
Prussia and director of the Austrian Loyds at Trieste
The Tallow market thus reported by Messrs Coches
tiers Woluer
LONDON, May 16.-"Prcas are quoted rather lower in
all positions, and little business has been done but the
demand for immediate consumption has been fair the
time OF the BY telegram learn that market
at St Petersburg has uctuated considerably in conse
auence OF the exchange having declined from 33d to
oH closing by last advices at 32d The price allow
on the SPOT had advanced from 1927 2O0 but for Au
gust delivery there was little DOING itwas quoted at
ie9r Tor that delivery with hand money The tallow on
the spot was being loaded Off quickly possible to
take advantage of the present low exchange and reigh
To day the market is frm at 55s 3d. the spot and 53
% June Dos is offered for the last three months Town
tallow is selling at 53s. to Sos 3D. net CASH.
FAILURES IN THE IRON E.-BIRMINGHAM Nav 16
The failure Of Messrs Crosswe ronmasters, of Upton
scarcely known until midday has excited good deal Of
Ena.a L.