The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-02-22

foreign ports for the week and since January L.
, ,as WREN :sss s Isss %
Since January 81, 1856 s,4sI ,4sa 1o,o23, 1855
We may again congratulate the public ON the
above exhibit Considering that the export Of bread
stufs is nominal the price Of wheat and -four in the
European markets leaving little profit on ship
| ments from hence, the export figures Of this year
are extremely satisfactory, and demonstrate
| steady increase in the foreign consumption Of
| American produce Should our government follow
the example of Great Britain, and conclude treaty
with France, by which the present duties on Ameri-
can produce were reduced repealed that increase
would be still further developed. We rather look
for decline in shipments of cotton to France
from this out-as sptnners will, far they can,
| wait for the new tariff before importing more Of
| the raw material.
We note gradually increasing rise in the money
market, though rates are still generally unchanged.
The amount Of meney offering today at six per
cent on call was greatly in excess of the demand,
and in the afternoon 50 and per cent were &C.
| eepted. At the discount houses, in like manner,
the complaint was Of q scarcity OF good paper;
still, we hear of no business below per cent even
in the case Of the very choicest short acceptances
But the tendency toward lower rates is very mark
] ed and, without some accident it will be safe to
look for a or per cent money market between
the present time and August. The impending dis
bursements by the Sub Treasury are quite likely 70
tempt the speculative banks to increase their dis
count lines beyond the bounds of prudence.
Foreign exchange for the Cunard steamer which
leaves Boston tomorrow closed with more firmness,
though without much activity. Bills were done on
Paris at SIS 173, the bulk Of the business, for
bankers bills, being at 5.l6l For sterling bills the
| rates were 100 a /, the latter being An extreme
| quotation Many Of the bankers believe the ad
vance in bills to be firmly established; Others with
less show of reason do not expect any reliable ad
vance before the middle of March. Much, of course
| will depend on the course of financial matters in
| Great Britain.
! There was q fair business on the Stock Elk
change to-day, but prices were not quite as high
! as they were at the close yesterday
| 1t transpired at the morning board that Com
modore Vanderbilt is not bound to hold the
| 5000 shares of stock in the Pacific Mail Company
which he receives in exchange for his Pacific boats
and part or the whole of which the Company will
probably have to create. Some parties who have
been buyers considered this as unfayorabe for the
future of the stock, and sold out their interest
| causing the price to recede from SO to 9l4. It
closed this afternoon at 9l against 90 at the close
yesterday. Central was lower from 72l it declined
to s, closing, however, Y bid against the same At
the close yesterday. There is nothing further TO-
day in relation to the bills before the Legislature.
State stocks were fraction higher, with a mode
| rate business; should the Missouri Legisla.
| ture adhere to its purpose and issue no
more stock, an advance may be expected in
| Missouri skies. The Western stocks though
severely hammered by the bears, held their ground
pretty we'll. II is evident that, If business this
spring realizes present ahticpatons we shall have
some more failures on the Stock Exchange This
afternoon the market was rather better again, and
| stocks closed very steady ut the following quo
tations:-virginia 6's, 924 1; Missouri 6's, sol
I; Canton Company, 162 q II; Cumberland Coal,
Isl /; Pacific Mail 9ll a 80; New York Central,
ia /; Erie, Ga 1; Hudson River, 40A Z; Harlem,
81 /; do. preferred, 33a q I; Reading, 4Oj a Z;
Michigan Central, 37S So; Michigan Southern aud
Northern Indiana, 81 a !; do guaranteed, 14l Is;
Panama, l34i 1875; Illinois Central, SCI Z; Gale
M and Chicago, 6St 1; Cleveland and Toledo, 1914
1; Chicago and Rock Island, 623 q I.
The following was the business of the Sub Treasu.
ry to-day
Total receipts SIS 12
-For customs. $4,000 90
'..'sssS2I2 -
The exchanges at the Bank Clearing House this
morning were $40, 1888 800 Ga, and the balances ST.
1