The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-02-01

China ware. 3,347,ss4 40a7 ,osS S2i5'SsS sS,a7is
Wool nne gs II sS3z1s oOOsOS 7Ssc IA u ass
Wcrssed do l2,2ao2'5 II ,S6Seos sSs IL
1t will DC noticed on general review of the
above, that the imports Of 1859 were. M a cenc
raj rule, as far in excess Of the previous
sthe imports of 1873 were below that average
When the revulsion overlook this country. impor.
tation ceased. Hence, within twelve months the
country was short OF all the articles of foreign pro
duce and manufacture which it had been in the
habit of consuming. Hence an advance In the
price, and consequently, an increased importation
which paid handsome profits until il was oyerd one.
We shall again recur to these tables. In the
meantime, we may simply remark that the difficult.
ty of studying and drawing differences from these
tables is greatly increased by the perversity which
seems to have possessed the clerks in the depart.
ment' and under whose influence they change the
DIVISION OF articles and the arrangement almost
every year. Indeed, there is hardly point in
which the report Of 1889 can be compared with
that oeas55-G, without grave risk of error.
The money market was easier to day, with the
discount lower, though there was again demand for
money among the brokers at six per cent. There
appears to be An increased demand for money
among the brokers, viii III must arise from in
creased purchases Of stocks. We hear of sales of
first class short acceptances at 6 per cent, per
cent lower than anything heretofore current. and
free business in 4 to months paper at 6 per
cent. The prevailing belief in the early orgauiza.
ton Of Congress encourages money lenders to &C
cept lower rates.
Foreign exchange has been dull to-day Most
Of the foreign bankers ask 100 70: their bills on
/ hnto of fret c1o hor 1ooc
at l0ss and very good Southern bills, endorsed,
have been cold at 1889. A fair business was
done to-day and yesterday by leading house in
sight bills at 1907. Francs range from
5.lsl to 5.22a. banking house sold
large amount at $40, on a brokerage 50
that the current rate may be said to be from
$40 TO 52l4 Bills in the Southern cities are higher
than here. Exchange on New York at New Or.
leans continues stagnant at 8, far below the point
at which specie could flow southwark The New
Orleans banks hold specie enough now to dispense
with remittaDces from the North
The 81 100000 of the loan of 1858 was awarded
to-day at Washington. Very few leading houses
here were bidders. Mr.. Cobb's management,
as well Of this loan as Of the Treasury notes
and other matters within his dominion, has
discouraged our leading financial houses. We
have read to-day letter from one Of the most emf
nent mercantile houses in the city, in which the
writer says that no possible consideration would in
duce their house 10 bid for government loan or TO
do any business of any kind with the United States
government so long as Mr.. Cobb is at the head
of the Treasury Department. for he and his part
ners feel satisfied that there is no safety for pru
dent business man in negotiating with govern.
nt wi trc IN
their own contracts. So much for the Sweeny,
Rittenhouse Co. affair, and the unexpected over
issue of Treasury notes.
Stocks were better to day. and there was gene
rally better feeling throughout the list. Nilsson
ris advanced one per cent, closing 500 bid. Cen
trail was in active demand at ~ / all the morn
ing: in the afternoon it sold, dividend of, at ~,
closing II bid, equal to 74s, marked advance.
The prevailing opinion in the street is that the
sharpers who have been epdeavoring to mulct the
railroad lines for their own corrupt purposes have
been checked by the decided manifestations of pub
lie opinion which have been made. Rock Island con.
tnues firm at 63s a I. Galena improved per cent;
the late depression in this stock was quite uojusti
fable We note similar advance in Panama. Pa
ciiic Mail likewise was more active at an advance
Generally speaking thing was better, and the
prevailing impression appeared to be that as soon
as Speaker was elected, there would be a gene
raj advance in all stock securities In the after
noon the market was active, and stocks closed firm
at the following quotations: Virginia Gs, 92l 3:
Missouri G's, sos 81; Canton, 163 III; Cumber-
land Coal preferred, Isl l6; Pacific Mail, "a
IS; New York Central, rs /; Erie. s. a I; Bud
son River, Al Z; Harlem, % az; do. preferred,
"a a /; Reading, 80 /: Michigan Central, IS! /;
Michigan Southern and Northe n Indiana, /;
do. guaranteed, l4i I; Panama, Isl a l.; Illinois
Central, 57l J; Galena and Chicago, 500 a Z;
Cleveland and Toledo, 20 1; Chicago and Rock
Island, 63S al.
The exchanges at the Bank Clearing House this
morning were $l9,51S,705 %, and the balances
s4,l23,92l Sc.
The Long Island Bank has declared semi annual
dividend of fl re per cent, payable on demand. The
Laconia Manufacturing Company has declared a
dividend of three, and the Pepperell Company of
five per cent, payable Feb. l.
Stock Exchange.
TUESDAY, Jan 81, 1860
$4,000 S SIS, JS.4 1901 $50 shs y Cen RR IA.
5000 Mssour 6's... sos 100 do.....se0 IA.
1900 do.,. sosS $50 do. bS0 7i,.
3c00 do........ 500, 500 do. $50 54i,
5000 do...... BIO SOS 100 d.. boo FAX