The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-05-28
The New York Tribune of to-day saws ::

S,
ton and Erie declined i each, but Missouri 6's and
Harlem closed at the same figures yesterday.
The New York Tribune of to-day says:
The Asa news was made known in the street on Thurs
day before the First Board commenced its session.
accounts received favorable construction sufficient for
the moment to neuralize the alarm caused by the
suay large specie expsrts The early arrival of the Cal
iforuia steamer also, with nearly millions in gold,
contributed to restore cheerful feeling in the street.
and stock operations were consequently spirited
while prices had, upon the whole, decidedly improving
tendency The opporune arrival of this California gold
Will enable the Banks to make better show of specie in
their next returns and the loss which threatened reach
from $4,000 600 to So 900 is likely be reduced
to about So 600 the whole OF the California
receipts being counted in the average
The specie shipment on Saturday promises to reach
about OOO the engagements being already 81 500
OO0 The Moses Taylor, however brings 81 93S 600
ror, it is believed will add about 81 900 900 during the
toOnr bank vaults 1t is estimated that the banks
had SO 900 in vault yesterday after the Persias ship
ment The estimates OF the decrease in the bank aver
ages next week vary from 100000 to So 500 900 Most
of the bars by the Moses Taylor will forward Satur
day the agent OF the kothschilds being the principal
shipper.
The movement in specie does not have any serious eff
feet upon the money market. Paper, however
dency higher rates but call the supply
than last week at five per cent The movement in de
mand loans slightly active of the banks
prefer to call in loans and enlarge their investments in
short paper.
In foreign bills there Is not much movement but rates
are unchanged.
The Assistant Treasurer nego tiated about OOO
of Treasury Notes per cent Any overdue notes
can be exchanged tor thenew ones.
The nagers of the New York Central and represen-
tatve from the Penrsy lvania Central have been in
municaton to-day endeayorng to arrive at rates for tra
hc which would be remunerative No agreement how
ever, had been made at late hour. The Erie took
part in the discussion. 1t proposed the part of
the New York Central leave question freight
the freight agents Of the four roads; but this
adopted The Erie would only join the negotiations
the platform of Mr. Moran's first illumination and a
subsidy.
Notwithstanding the dcnias of certain parties, the
statements made yesterday in regard to the state Of
q 10 Erie RDa wPr
today hear that the Company have decided to pay
nothing for the present but the running EXPENSES of the
road. This the affairs has been brought about by
their inability to meet certain mortgage coupons which
were noted for payment yesterday and to-day, and the
unwngness Of the Directors to involve themselves
sonaly to relieve the road from its pressing liabilities
The condition which this corporation has arrived
striking commentary upon the absolute necessity of
ing S25 900 salaries.
The Illinois Central Railroad Company have received
advices that loan Of l500 900 has been filled Lon
don for their benefit which will give them all the money
needed dur the year. and redeem the optional scrip
the unpaid instaments the stock favor
ably received and will possibly be carried Upon the
conclusion Of the above loan the shares which had been
selling at ASK discount, improved to 45 discount.
1t appears that the genuine sheets of notes of the Chaa
nooga Bank recently put in circulation, with forged
signatures stolen by plumber who was at work on
the building occupied by the American Bank Note Compa-
some of the stolen notes in his sion and in
good money probably the result of his theft This money
is now being used in redeeming the forged notes
Private letters by the Asia speak very cheerfuy OF the
condition of the Money market The supply of capital
very large, and discounts could be had below the
Bank minimum The discount houses full of money,
which they could not and about to reduce the
rate of interest allowed deposits The advance by the
Bank to ~ per cent was not induced by any CONNER
a increase in the demand for but to check the
port of specie to the Continent There better demand
for American Securities and large sales of Gov eminent
Fives had been made at 93H HGl934
The from the Bank of England for the week end
ing the lth Of May gives the following results when
compared with the previous week
Public deposits f4s673So Decrease. f6OO,62s
Other deposits II 1856 e32 Increase. 172 e61
Rest
On the other side of the account:
Government securities Eli 2S 376 Decrease fS9742
Other securities. l9625,1 Increase. 4S7 $40
Notes unemployed ....... 9O36O75 Increase. . 245 725
The amount Of notes in circulation is s2l s2 500 being
decrease of fi33 995 and the of bullion both
departments is Eli 04l 3l3, showing of fl64
1877, when compared with the preceding return.
The monthly the Bank of France as made up
Thursday last the 18th of May, shows the following
results tthe exchange taken at 25f. to the pOundl
Coin and bullion. 1888 500 Dec. O24 900
Notes in circuation...... 29,473,700 Inc.. 253 900
peasGry deposits oSt 49, 400 400 Inc Si So0
Advances in French Govern
ment Securities ........ 1,773,400 Inc. 10000
Advances on hallway Secu-
Observation-Disclosures. $500 900 Inc. 10000
The growth of dstrust is indicated by the fact that
while the Bank have been called upon to advance e.
663 600 in discounts, and nearly million sterling in
loans and shares the increase in the circulation
is only trihng The borrowers relodged in the Bank
more than f2,500, 900 Of the sum thus obtained Inc
demands in connection with the war have drawn
away tl,ooO,ooO in gold, but the aggregate is still
enormous
LONDON MONEY MARKsr.-The stock market the 18th
opened firm and prices slightly advanced but unauhen-
tic rumors OF disturbances in Turkey caused reaction
ana the CLIO ing quotations were per cent below the
opening
on the 18th prices again advanced early in the day but
fe IN The afternoon and consos closed at elAGe2 for
money. and ela G9lH for the account
The demand Tor money had generally subsded, and the
Applications at the bank We're a moderate scale.
The Daily Ncs in its latest city article saws the sup
ply ofmoney had become large that little difficulty was
experienced in procuring accommodation unexcepton
aole bills at a reduction from the bank minimum.
The advices from Germany announce further mercan-
tile failures.
Messrs Barring Bros. quote Bar Silver at 5s 24d; Dol
lars I'd and Eagles 76s. Id.
AMERICAN SECURIrIEs.-Messrs. D. Bell, Son & Co. re-
port as follows:
During the past week the market for American Sccur-
ties has been much steader and there has been fair
amount Of business transacted both in State and railway
bonds at our quotations: