The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-07-17
exercise caution in touching names in the provision

exercise caution in touching names in the provision
line.
Foreign exchange continues at dead lock.
Bankers are bidding 1867 for the highest class Of
commercial bills, and offering their own at 1915
but there are no sellers at the rate nor buyers
at the other. The importers are buying no bills,
and the right kind of produce bills are extremely
scarce. The mail will be light one. 1t goes per
Persia tomorrow.
Stocks opened very buoyantly this morning, the
past successes of General Mcclellan and the theory
Of a general expansion on Treasury note basis
seeming to have impaired fresh courage to the
bulls. The new government skies advanced "a per
cent standing at a price which would be about
equal to par for the proposed new sevens. Ten
nessees jumped up ~ and Missoars 4, with large
transactions. Pacific Mail, which declined yester-
day on the advices respecting the Southern priva.
teers, rallied, and sold at an advance Of
~ over yesterdays closing price. Cen
trail rose q, Erie ~, Hudson ~, Har-
lem 1, Reading lH, Michigan Central
IL. When the Western shares were reached
there was at first decided tendency to buy on
speculation. But they were very freely supplied
by the parties who have lately been bulling them
and prices were only maintained. Rock Island
sold at one time at an advance of rs, but Illinois
Central, Galena and Toledo were barely steady.
Just at the close of the first board rumor spread
that the Union arms had met with reverse in
Missouri, and this, added to the decided change OF
policy on the part of some who have been large
buyers of late, caused the market to pause. Be-
tween the boards prices fell off in some instances as
much as and ~ per cent. At the second board the
market lower all round, and stocks closed weak,
the following being the last reported quotations.
United States SIS, 1874, 70 a s0 Tennessee 6s, 43
u; Virginia 6s, Al a "a; Missouri 6's, 42H a
Il; Canton Company, 0 10; Cumberland Coal
preferred, 5 a 6; Delaware and Hudson Canal, IS
B6; Pennsylvania Coal Is SO; Pacific Mail, "A
a; New York Central Railroad, tn "a; Erie,
2e a a; Hudson River, 361s q "a; Harlem, 1917
all; do. preferred, 26H u; Reading, ss1s a;
Michigan Central, Az q; Michigan Southern
tssd, sSH 81 Panama, ilo 4; illinois Central,
s7L "a; Galena and Chicago, 64A %; Cleve-
land and Toledo, 1874 a 49, Chicago and Rock
90 a. t Hca agS a
Crosse and Milwaukee land grant bonds, IL IA;
Illinois Central, 9l11S so.
The following is a correct statement Of the eX-
ports, exclusive of specie, from New York to
foreign ports, for the week and since January L.
1869 1860 1861
Previously reported 80 4s3 985 As i2I s5i so24se24
Since January l.. ss4 2s6 1a9 AZ 1s5, 7s4 72o16,e43
The exchanges at the Bank Clearing House this
morning were $l4, 900 AZ, and the balances
81, 4s0,2lS 81.
The following was the business Of the sub-Trea-
sury to-day
Receipts. 500 $50 81
For customs NEUTRALITY-SUSPICIOUS.. $4,000 90
e.
Balance $500, S9z W
The weekly statement of the Philadelphia banks,
made up Monday afternoon, presents the following
aggregates as compared with those Of the previous
week.
.,.., .,o,,, a.; Js s1y s.o :, Js aiu sso
Loans. 2ll2!l7s 2sseea9s Dec sIso,s45
Specie Ss5sa12 72ssass Inc Inc 2sss csc
Due to other banks. 2elolse 273949o Inc. 100 ,so1
Deposits 1851 s24 612o, 765 Inc. .277, S41
Circulation 219oO36 2154,s12 Dec. 35 ,223
The movement of the banks in the four principal
cities Of the Union, in which weekly reports are
made, as shown by their statements Of last week,
sro. July Sss;s 1861 e' ssss
Es III: ss $szs S is isss ESD, sss Sss
:; s sE' sisE
The statements of the New Orleans banks for the
past two weeks compare as follows
June 90 July6 Difference
Bhort loans. 80 795, TAO 9,641 202 Dec. 1854 448
Hpecie .l5 0S6 ,98l 15,216,230 Inc. .12s ,239
Circulation .,. 66i0,306 ,426 Inc. ITO 100
Deposits 16 506,318 16101 $40 Dec. .404 1888
Exchange .... 4,16S 1871 4,652,231 Dec. lie, 100
Distant balances 76897S 76S,332 Dec. S,646
Long loans. 9,747,679 1851 ,26l Inc. 166,37S
The New Orleans Delta, under date of the even
ing of the 9Th inst thus notices the money market
Of that city,
The demand accommodation at bank continues be
Of very limited character, and is mostly restricted to
the furnishing of indispensable necessares in plantation
suppes renewals of maturing paper 60 without
interruption although limited scale than for
some time past In the outdoor market there is still
good inquiry for strictly AL commercial and mortgage
curities but seldom leads to negotiations owing to the
scarcity Of desirable offerings Occasional small sales