The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-06-15
FINANCIAL AND COMMERCIAL.

| L.
| TUESDAY, June l4-6 PM
The express only takes $50 from here for the Boston
steamer 10 morrow and though is likely that the leading
drawers will ship more freely by the Ariel and the City
Washington, which leave this port Saturday, the dull
Of exchange indicates that the drain has for the pre-
sent been checked The letters by the Fulton are
aging in ione steady feeling prevailed in the con
tnents markets NJ the time ehe sailed. More gold mad
arrived in London from the United States and elsewhere
than the mercantile bankiog houses could employ salts
actoriy Our money market Is decidedly easier 10 day
hear of fewer discounts above per cent and
call, money is again offered to the brokers at five per
| cent The test of the state Of the money mar.
| ket will be the award OF the s. 600 new
| Treasury notes, to be disposed of mex. Monday.
| II is hoped al the Treasury Department that
The government will realize FROM three to four million o.
dollars in specie from this award. 1t must be remsm.
beied, however that ten millions of the overdue
five per cents Of 1853 may be for REDEEM ptoa
Under the circu instances the government will be doing
well the issue be set anoat without disturbing
81 600 of the cd. In fact it is not desirable
that both sets of Treasury should be adoat at the
same time The new ones were created to redeem the
old Ii advantage be taken of the present ease of the
market to place both kinds in Simultaneous circulation
the government might find itself gravely embarrassed if
any accident c,used advance the rates for money
From present appearances the five millions will be
sold at from to So per cent. Treasury notes
popular security safe, fairly remunerave and instantly
| convertible into cash.
The stock market again presents the same life
| lees appearance which IL has long worn. There
| were sgain this morning few orders for stocks
but the operators for the fall attacked the market
WITH such vgor and offered such guam titles sto ks
time that prices again receded In the absenc, of ,re
| %
in the hands of the obbsrs who for months
been operating successfully against railroad property
the staIt this morning, New York Cenra touched II! an
advance from Yesterdays closing price; hammered
do before The close of the session TO 70 aud closet 10
he afternoon at 1874 bid. The Western stocks were
equally heavy. Michigan guaranteed soil log &c
20X time; Gaena To- 63k Rock Island SO, To
cdo &C. all Of them being freely offered a. considerable
differences from the cash price by the jObbers. Hudson
River, which in the months had earned per
and above interest aad expenses Arm Pa.
better; Reading steady; there was more
inquiry for Erie bonds Of all descriptions State and INK
stocks pretty steady lie the afternoon the
du and stocks closed weak at the following quotations.
| Mssouris, e5k "a Canton, 1874 1917; Cnmbsraoi
Coal, II n; Pacific Mail, 67A x; New York Central
| 1874 %; Erie, ga y; Hudson River 31x a 81;
| Harlem, 10 u; Reading 39z 401S; Michigan
Central, 4lIa u; Michigan Southern, a "a; do gu,
ranteed 2s7S 80; Panama, 1l9% 12O; Illinois C,n.ra
Sc 81 Gaiepa and Chicago, ca a; Cleveland aud To
ledo, 25h r. Chicago and Rock Island, sea- q.
The following the business Of the Sub Treasury 10
| day
Total receipts $2ol ,7l5 q
| -for Customs 54, GOO W
notAl pay Ihehs eIVoI ~
1 1851
The exchanges az the Bank Clearing House this morning
were 5l9,d9O67S &C, aud the balances ST. 22 1852 o.
| ID cid 10 Tall
which casually alluded the other day. for leasing y
Erie Railroad. It is proposed 70 organize company with
capital OF million dollars said company TO take the
Erie road on condition Of paying interest fro the date
the lease on all mortgage debt aud TO the pay
ments year by year UNTIL four years hence they aoe
TO pay interest all the debt and tri1e on the STOCK
presume that the zeal aim Of the authors OF this PRO-
ject to free the Erie ION the Moran Regime. TO ge
the property into hands. Is uodeniable that since
Mr. Moyans pen has been doing service for the Wall
jobbers the desire 10 see him in sphere better suited
his capacity than bis present has become pretty gene
rail- but whether the proposed lease tho simples way Of
| achieving the end sough. remans to be ascertnned.
The following comparative statement OF the exports
exclusive Of specie) from New York 10 foreign ports 70.
| the week and SINCE January -
| 1857. 1858 1850
For the week. 81 954,659 1882 43e 1oO0O42
Previously reported so,22,eSi 25,s6sS1 27,toi,4ss
Since Jan. 1.... .s32, 200 27,es22SO 2s5ol AIS
The following comparative statement Of the Pnla
| de- phia banks -
June g. June 10.
Capital stock. sll hS5365 IL bS7 b75 Inc 81 2O
Loans &c iT7s5o 20 1893 Dec :. 256,S82
Se S c.er s. ssi sss,ss bse
Due TO other b'ks. 3,367,las 3l77 $50 Dec ls9 1877
Deposits l6,3s0.o95 l6,O07.t49 Dec 2O9 1856
CtTc0alion..... 2,s92,i9S 2,9lS,i26 Dec -. 1912
The london Tss Of the let ns furnishes tee following
quotations o American railway eiarag.--
Illinois Central per cent, 1s75..........6 81 q 80
Do co. 7per cent, 1875. 10 q u
Do do. 4 per cent freeland, 1860. 80. 81 a So
Do 90. 800 shares, $50 paid. dis. AZ a 45
Michigan Cent. list mort con. per cent. 1860 rs 81
DO 90. lSoS....... .:.............. rs 81
Do do lsnkng funi), do, 1872. rs a 50
DO. 90. $iO0 shares. ................. 40 4b
Michigan ~ Indiana per cent (snking
frnc), 1885,. ......... So a 81
DO. do. 500 shares. 10 a Is
New York Central, per cent (sirking
fund.-, 1884,. .........................8 so q 50
DO. do. Z per cent, convertible, 1864. 80 a OIL
DO. do. per cent Sinking fund.-, 1876 80 a 81
DO. do. 500 Shares. 81 q 60
New York and Erie % mort, per cent, 1883 55 81
DO. do. $lo0 shares. ................ @ a
Pennsylvania Central bonds, lat mort, con-,
per cent.... ................. 90. w
Do. do. "a mort, per cent, sterling. So a 80
Do. DO $50 shares. ............... IS a 40
Reading bonds, o per cent, 1850. ........ 80 IS
DO. do. q per cent, 1870. 70 70
DO 90. $50 shares.................. 70 "a
The london Times OF the same date reports -
Although Tho amount Of shipneDte for CHM and India
by We nent mail VIII probably exceed EGO 600 the
ket for bar oliver fiat, 62l6d is the nearest
price, heMcsn dollars good demand for Chiaa a.
0lo Ibe soyeIAGeht are not makicg a1y remittance by