The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-04-13
FINANCIAL AND COMMERCIAL
FRIDAY, April l2-s p. M,

IhiDAIt aPIl lA-s Il W.
The street and the market continue very I'M
easy: every half hour an excitement is created by
= telegraphic despatch which generally proves
bogus. At the board this morning, it was generally
supposed that the negotiation between General
Beauregard and Major Anderson would lead to
some arrangement, or at all events would postpone
the final appeal to the sword. Accordingly the
general stock list advanced from "a to per cent.
New York Central advanced "a, Erie IA Har-
lem ], Reading |, Michigan Central "a, guaraa-
teed ~, Illinois Central ~, Galena ~, Toledo
y, Rock Island /. State stocks improved likewise.
Missouris rose "a, and Tennessees rs the govern
ment stocks were steady. The registered skies
(new loan) were firm at SO; the fves of 1874 were
q shade better After the first board the market
at first improved fraction all round; then fell of on
3 rumor that hostilities had actually commenced.
At the second board the market was inactive, with
out change Of price, and closed steady, the fol-
lowing being the quotations United States Sc
1874, SO "a; United States SIS, reg. 1881, 93 X;
United States coupons, 9lAaa4; Virginia e's, 69A
O 70; Tennessee 6's, 7OI II; Missouri 6's, go
II Canton, 1871 IA Cumberland Coal prefer
red, Z; Pacific Mail, 1917 so; New York
Central, "A a "A; Erie, 257s q 2e; Hudson River,
4laI Harlem, 1917 u do. preferred s65. a
n; Reading, 80 Michigan Central, 500 Il; Michi-
gan Southern and Northern Indiana Az q 10 |;
do. guaranteed, S2H n; Panama, Ill ll3 ;
Illinois Central, 10 a n; Galena and Chicago, SO
n; Cleveland and Toledo, 3O1l a q; Chicago and
Rock Island, 49H "a Chicago, Burlington and
Quincy, 69Z q TO-; Delaware, Lackawana and
Western, 80 illinois Central bonds, rs, 94 So ;
Delaware and Hudson Canal, 8S1a SO.
There is no material change in money We
bear of sales of very prime paper, short, at AZ
per cent. The brokers are supplied with all they
want on call at A per cent. A large sum Of
money was paid into the Sub-Treasury to-day on
account Of the new Treasury notes; but in the pre-
sent condition of our banks and our market the
transfer will produce no effect.
A moderate business is doing in sterling bills
for the steamer tomorrow. The leading bankers
ask 1O71s q "a, but find few purchasers. Mercan-
tile bills range from 1861 a 1867, documentary
bills selling in the neighborhood Of log. Francs
are quoted at 5.27H a 80. The steamer will be a
light one.
We Lave very little to add TO what we said yes
terday about the government loan. The govern
ment has got its money, but has not improved its
credit. The plain bids exceeded by some
100000 the amount required; so that Mr..
Chase did not need to avail himself
Of the offer of New York merchant to take all
that was not bid for at par. If Mr.. Chase wants
any more money we advise him to obtain it by ne
gotiating more twenty years bonds, and to state
his minimum in his advertisement. If he is rea.
sonable, he will obtain all the money he needs
here. Consultation with experienced bankers
here will enable him to decide what figure to choose
as his minimum. From the present complexion of
our money market, it looks as though he need not
fear placing it higher than his last. But it must
be stated openly, SO that the whole public may
have fair chance.
The business of the Sub Treasury was as follows
to-day
CoCoP'S. 9Sof,oot -
-ror Customs oI,OOu w
fdymcntb 4iS,Zoo 90
oahuCo
The net receipts of the Harlem Raiload for the
month Of March were as follows:-
1850 .$oo,00o -
1861 2O,tlO oo
Increase WILL OF
The exchanges at the Bank Clearing House this
anr Ao1c