The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-04-30

The decline in specie IS larger than was expect
ed, as the banks received nearly q miNon from
California during the week, and the Sub Treasury
has not gained money. The impression prevails
that Southern depositors are drawing out their
money in CON- and shipping it, by some means or
other, to the South. The Dstrcs Attorney should
look to it. The banks Of New York will pay all
drafts drawn BY parties who have balances here to
their credit after the money is out Of their hands
it is the District Attorneys province to act In
the loans and deposits there is change to notice.
The money market is very dull, but rates are
higher. Seven per cent is now the minimum rate
for the best paper, no matter how short. Many
names which were current few days ago will not
pass now. Failures continue to occur both in the
dry goods and ! the grocery trade, and capital
lists operate with great caution. Southern debt
0rs announce their fixed determination to pay no
Northern debts 30 long as the war lasts.
Foreign exchange il very dull. Bankers ask
1851 for their sterling bills but there is no de-
mand. few bills were sold at los for sterling,
end some francs were placed at 5.37L. The mar
,Aet looked quite heavy to-day.
Stocks improved this morning on the intelligence
OF the safety of Washington, and the probable re-
turn OF Maryland to common sense. Strange to
say the border slave State stocks were all better;
Virginias a Tennessees, 8; Mssouris, 4;
North Caronas, G. The business at the advance
was moderate. motion was introduced in the
Board to strike from the list the stocks Of all the
States proclaimed to be in rebellion. It was ne
gatived, on the ground that the daily registration
in the stock sales Of low quotations for these
stocks conveyed practical rebuke to treason,
which was not without usefulness. Some day our
people will discover that they have been duped
in the matter of these border State stocks. They
are absolutely worthless In few days the
West will begin to pour them into mar
ket from the banks. At the first board this
morning Central rose u; Erie, *; Hud-
son, a; Reading, "a; Panama, L; Michigan
Central, l; guaranteed, =: Illinois Central, y;
Toledo, a; Rock Island, 1. Between the boards
prices fell off fraction; in the afternoon the mar
het was dull, closing weak Governments were a
fraction better to-day. A vigorous blow struck
by President Lincoln at the rebels would improve
the price Of federal securities; they decline on
the apprehension that some settlement or compro-
mise may be made which will demoralize the coun.
try, and prove the ruin Of our national existence.
The following were the lost Quotations to-day
United States SIS, 1871 IS T6i4; Tennessee G's,
so 20; Virginia 6's, 46L AZ; Missouri SIS, 40
40; Canton, as; Cumberland Coal preferred,
6; Delaware and Hudson Canal, so a SO; Penusyl.
vania Coal, ~ 73 Pacific Mail Steamship, 6sls q
GO; New York Central, 1873 72Is; Erie, 204
Il; Hudson River, 36L 81; Harlem, l21ls l2s4;
do. preferred, 80 3214; Reading, 3l24 81; Mchi-
gan Central, Az As; Michigan Southern and
Northern Indiana, 1871 l311; do. guaranteed,
2sa44 2914: Panama, lOI 1903; Illinois Central,
5s1a a 5Sa4 Gaena and Chicago, 57L 57s4;
Cleveland and Toledo, 2324 q; Chicago and
Rock Island, 371S 37st; Chicago, Burlington and
Quincy, Sc a 80; Milwaukee and Mississippi. "a
9a{; la Crosse and Milwaukee land grant, 5 a9;
Illinois Central bonds, 80 a 81.
The business OF the Sub.Ireasury was follows
to-day
io6epis sS52lS6 90
lbi inai 1913 30
balance $40 9f3 IS
The Booth Cotton Mills, of Massachusetts,,
have declared o dividend Of two per cent,
payable May ]; the Bank Of Montreal, semi
annual dividend Of four per cent, payable June |.
II is understood that the managers of the Erie
road contemplate making assessment Of ~ so
per share on the stock, and equal amount on
the unsecured bonds Of the company, for the pur-
pose Of paying the back interest on the mortgage
bonds
We beg to draw attention to an advertisement
in another column respecting coupons the bonds
Of the Buffalo and New York City Railroad.
The Chicago Tribune Of Thursday night Says
The Straits at last open. Two Chicago propellcrs
passed Detroit this morning. But In spite or this i'm
portant fact, the from the New York stock Board
bad depressing influence the money market and
change was irmer. Bankers SOLD very aparngy 50
toners at 10 per cent premium, but IL per cent
paid outside IA some cases. The buying price IL
10 The money market, like everything else, svery
settled and nobody predict what the next hour will
bring forth Cold nominal, buying 10 per cent; sell
ing 20
The New Orleans Picay'sae Of Monday night
says:---
Tho amount OF business transacted day was very In
significant and IN departments there hardly tho
appearance Of trade The discount brokers only report
cssuai sss Of paper AZ Il per cent for strictly choice
Those who have money prefer TO keep IT, and cannot be
rersuaded 70 nvest In She best securities Exchange
huy,fs have virtually retired from the market Sorno
very GOOD sterltrgw offered nj 100 bal found aker
We cd lot bear Of any sale OF francs sight bad
almost ca the hfsl cner. little sold DISCOUNT,
and 81 ,ae close some chlcts we're orsred ut j,
c.sccuUt.
The gane ,apcr .-1s:-