The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-06-12
1850
T10,oo5

spcresss seepsss 22S $50
The reduction IN the specie average is less than
might have been expected, considering the ship
mems Of y at wednesdsy and OF the previous Sa'ur-
day ard roves that gold is still flowing towards
Us in large quantities from Philadelphia and the
Interior. TIE amount held by the banks this moro
ing was $2s. $50 co., TO which will be added durtg
the week the semimoBthly remittance from Cai-
fcrnia. As the CuDard steamer goes from Boston
,bfs week the only shipments will be those by the
Vanderbilt and City of Baltimore on Saturday. TIE
increase in the loan column is moderate and would
no doubt have been larger could the banks have
found desirable paper at fair rates.
There is DO change whatever in money. 1t is
still offered on call, at Al per cent and cannot
always be placed even at this low rate. The busi
ness at the SubTreasury to-day was ON q very
limited scale, the receipts being s92 $50; from
customs, $4,000. and the payments, s97,542.
Balance, &c 616 $40.
The excbsnge market for the Arabia from Boston
on Wednesday opens at the same rates as those OF
last week say 1905 1904 for sixty day bills on
London, the priv cipal being at the lower figure;
and 5I4s 5.l3i for bills On Paris.
By the Moth Briton at Quebec we have tee-
graphic maket reports from London mp 10 the
afternoon OF Thurrday, 3l.t May. Consols closed
on that dav at 94I 95-a decline Of per cent on
the price Of the previous day, and of or cent on
the quotation brought by the last steamer. Money
continued in easy supply below the bank rate Of
per cent, and in come Of the continental markets
It was quoted as low as ! II per cent per annum.
American stockA were steady. Illinois Central
shares were quoted at 81 a SO; do. freeland bond
az 92; Erie shares at l9} a 20; New York Central,
7la73.
The stock market has been inactive to-day, and
the closing quotations, compared with those Of
Saturday, show an irregular movement in prices
the difference either way being tr fling, however.
State stocks continue in active demand and ex-
perienced q further advance The largest trans
actions were, as usual, in Nssouris at s4f T. the
latter price being bid at the close; virginiss sd
vaDced 10 "a for a pirgle bond at tie morning ses
sion but fell off at the second board TO 93l; Ten.
nessees are steady at 90; Indiana 2s's sold at e.
An advance Of per cent and Georgia SIS at los
The various Issues OF the Erie Railroad were better
the third mortgages TO sol and the fourths TO
6sl; the ifths steady at COG. Delaware, Lacka-
wanna snd Western frs. mortgages rose to 80, and
the second mortgages to SO. The latter are con
ver,ible into the stock of the company. La Crosse
and Milwaukee land grants brought 20-an al
vance Of per cent in the last sale.
New York Central opened at sli and advanced
to s.? at which price nearly all the sales Of the day
were made. Erie advanced at frat board to 19s
and in the afternoon TO l9i, closipg at l9i bid.
agsnst 1914 at the close on Saturday. Illinois Cen.
trail rose to 6s4, but fell oT again at second board
20 e3i. Galens was also lower In the afternoon
selling at G3i and was offered at that price at the
close. Toledo advanced In the afternoon TO 400
bid ard Chicago. Burlington and Quincy to &c
Rock bland is well sustained Ut 69i. The market
WAS steady 1T the cose Of the following quota
tions:-Tepnsssee Sc, s2l %; Virginia e's, 93i
]: Missouri 6s, 81! IS; Canton Company, 20 aala;
Cumberland Coal, IL IL: Pacific Man, 92l q 4:
New York Central Railroad, slT 81; Erie, 100 I;
Hudson River, At a q; Harlem, ~ !; Harlem pre-
ferred, 30 /; Reading, Al !; Michigan Genital,
52i u 50; Michigan Sou'bern and Northern Indiana.
III "a l2l hichivsn Southern and Northern 10.
disp guaranteed, 2lt 4; Panama, l34 1885; Hi
pois Central. So a /; Galsna and Chicago, $50 4:
Cleveland and Tolt do. 3Oa D; Chicago and Rock
leland. 60 a }; Chicago, Burlington ard Quincy
75i &c; Illinois Central IS, 81 al.
Ire eoininrs OF the Illinois Central Railroad for
~ a. IL a lima f,lln