The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-05-21
decrease. ;. IS, Ia, 492 243 no loo iso
v,nT..aa TIC a:5

Decrease. ss,l24,as2 80 ,.c ASiW L'oo4so
The decrease in the loans is heavier than was
expected. II proceeds, of course, from the gene
raj liquidation which is going on in business.
Very little new paper is making, and q large
proportion of the paper now maturing
is paid off in full or in part. The specie column
once more approaches forty millions. Next week
ii may rass that figure, after which 1t will proba-
bly, begin to decline, as the new government loans
will transfer largo amount Of money from the
banks TO the Sub. Treasury. The banks are in a
strong position, and il they continue to be pro-
IDENTIFY managed they will be enabled to secure the
eucceesful negotiation of all the loans required by
the government during the war.
The money market il very dull indeed; we can
report Ne change in paper or call loans. No
prominent failures were reported to-day, though
rumor continues busy, especially with jobbefs'
names.
Foreign exchange was not SO firm to-day. Some
bankers bills sold as low az 1867 The general
rate asked was log l. Mercantile bills are going
at 1O4Ia 1885, francs at 5.35 a $40.
The feature Of the stock market to-day was the
corner in Illinois Central, which caused an advance
in that stock of fully per cent. The cash stock
could not be had for delivery, and several con-
IrdCt5 were tiOScu uHuSE VIC dt Inc dltcIHOUH
board. The stock opened at G41a advanced
to &C before the close Of the morning board, sold in
the street at ca a. rose to Gs at the opening of
the afternoon board, and finally ruled as high
coz. 1he bears have been badly hurt by this
movement; though, of course, it remains to be
seen whether the bulls viii make much by it.
The stock was offered this afternoon at Go, seller
thirty, aud well informed parties seem to expect
hat m y,vIIo b ly fraO, abroad init
enough 10 satisfy the demand. The south end of
the road in the hands Of the United States forces.
At the morning board to-day virginias advanced
one per cent from the cause which influenced nl-
nois Central; they have been oversold. The rest
OF the market was either steady or lower. Mis-
souris fell off = per cent, Michigan Central -,
Michigan Southern "a, Rock Island Il. To-
ledo y, Pacific Mail "a. The only stock
much talked Of in the afternoon was Illinois
Central. The general market closed steady,
the following being the last quotations
United States 5's, 1874, n 70; Tennessee
6's, 42I1l A3; Virginia G's, 47Is a so; Mis-
souri s's, SIs& 49, Canton Company, So
90; Cumberland Coal preferred, 81 a 6; Della
ware and Hudson Canal 81 a s.: Pennsylvania
Coal, &c II; Pacific Mall eO1s 81; New York
Central, y a 721k; Erie, 2l5< az; Hudson
ferred, 271s Is; Reading. ga 3l1s; Michigan
Central. az az I; Michigan Southern and North
ern Indiana, II l21S; do. guaranteed, 27H
70; Panama, lOi o 1925; Illinois Central, Gs
6sI%; Gaiena and Chicago. 5ols 59l< Cleveland
and Toledo, 20 231a; Chicago and Rock Island,
345s So; Chicago, Burlington AMI Quincy. 81 .
57s4; Milwaukee and Mississippi, l21s a Ii; La
Crosse ard Milwaukee land graut bonds, 81
Ilipcis Central bCndR, 80 n OIL.
The following was the business OF the Sub
Treasury o.day:
Receipts sA89 90 -
-Ypr customs ~ 600 90
irBM cuts op4 ~ ~
o'o oVa I'll
The Canadian arrived at Father Point to-day,
with two days later news. She reports money in
active demand, cotton 4 higher, breadstufrs firm,
the funds dull Illinois Central J9iI discount,
and Erie 1917. Great rritain had not yet deter.
mined whether or no he would permit us TO sup
press rebellion il this country.