The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-13


Previously reported $685. 1855 sI4is GIT Ill 2sI 5ss
Since Jan. 1.. sol ssS ass 81 ,ssosos In 3e9, io2
The export of the corresponding week last year
unusually heavy, and so the export oflast week
does not show the usual increase 1t need hardly be
added, however, that an export Of three and
quarter millions is fully double the old average
nom this port. We say the "od average because
il H. probable that OF the leading consequences
Of this rebellion will be to permanently increase
the espors IRON the loyal ports of New York,
Phi,ade ph.a and Boston. The trade of Balti-
more has received blow from which
Il will not recover in years. Norfolk
Charleston, Savannah, and the other ports
In the rebel States are closed. and will probably
remain 50 until the last vestge Of dsloya has
been crushed out in the States now in usurrection
Government may, and probably will, open port or
tive 10 the commerce of the world in order to
satisfy foreign nations that the United States are
no party TO the embargo on cotton. But 80 far as
commerce Is practically concerned, when it re
wives, /, will do 80 through the well known loyal
channels, respecting which fears of fighting. or
disturbance or seizures exist. AS each section or
county in the Southern States is wrested out of
the hands Of the rebels the people will renew their
commerce with Europe; but it will be by the way
OF New York. We have had occasion to show
more than that the cotton for which Memphis,
Tennessee, il the depot can generally be sent to
Liverpool, via New York, at very slight advance
IA cost and with large saving in time over the
route via New Orleans. Within the past year
OF two there has been quite lively competition
for cotton frcighis between our Northcru raroads
on the ono hand, and the Mississippi river boats on
The other. 1his war will probably render the
FORMER The ylctors IN the struggle. Instead of
going down the Mszissippi the cotton Of Tennes.
ace, Aorth,tu Mississippi, Arkansas and Southern
Missouri viii take the river 20 Cairo, or other
Northern points, and will cross the country BY
rail A. present prices cotton could welt afford to
pay railway Freight from the plantation 10 the sea.
board II was 20 prevent this that the rebel Con.
gress made b penal offence 10 export cotton
frcm The cnniedeFacy except through the sepporls
herrot The law viii he obeycd. Of course, so
bong aHd IA Il il enforced b. rebel bayonets.
The moaeat the troops 81 tie tHiun penetrate
Tennessee il VII become dead letter. As tho
struggle approaches an eud more and more cotton
and tobagco via. De sent North Tor shipment. and
more anA more goods will 90 South nom Northern
port - SHVthefu consumers. Trade and war canno,
coeNisi Tbs rebels have chosen tie chatter and the
consequence vii BE- that New York. with which
Charleston Wildly tahcicd "a was going 10 cope.
VII not Only lose none ~ is trade by the war bat
will tor many year % be- Sic chief mart for
the bu. nsss whch the machiHstons Of the
southrrn rebels have driven from Norfolk. Charles.
tor, SAVANNAH. Mobile aud New Orleans.
MONEY = easy at s per cent. fiery few loans
are outstanding Ut T. lhe banks paid their
o. .heo.0ao into The Sub Treasury to-day aud some
large amounts we're received from New Envland
agents The federal success ~ Beaufort Il likely
10 operate henc6cialy on Tic popular subscription
Foreign eSchang, closed hru N 5.25 a 2ss. for
francs and lo7a. los for sterling. Tke leading
bankers are satisfied that after canal navigation
csases orr exports mus' decline and ,llls advance
Hence they are refusing 10 sell. excerpt at the
above rates. which the subiic seem not very will.
ing 10 give. The bankers would find their hopes
dashed II the successes Of the Union feet q, the
South should lead to large seizures OF cotton and
shipments to Europe. A very few ship loads Of
cotton II present prices would CAUSE exchange 10
fail a per cent. for 50 long as the present tariff
exists our imports canno, be very heavy.
The cheering news from the South. anl espc.
ciay the confirmation Of the reports regarding The
successful landing Of General Sherman's army nj
Beaufort. impaired a healthy tone 10 the stock
IN all descriptions. Spectators generally secm to
regard the success u the expedition rs The begin
ming OF the end Rumors are current cf sissa.iee.
ton y North Casolina and risines o. Union men In
Tennessee; and these are regarded, Lhewtss, ~
toreshadowing not distan, collapse Of ,hs rebei
confederacy These tidmgs and prospects,, ope.
rating on stocks naturally prepared to advance by
heavy traffic on the railr oads. and o general
an.s1
issue Of $1,000 900 Of goyerpmes, paper,
the Stock Exchange. The results are shown in
the reports Of sales published below. The mos,
marked advance of the day va. IN Pacific Mail
rfSch rose q per cent, selling AZ ~ nj tbc second
board. When the first dividend was paid af,er The
consolidation With Va nseriili's line, the stock
sold at premium are. nayins 10 per cent disi-
dend. u is stiil below wis., y vas when the
ramor Of priyaieeFs hrs, caused il 10 10 cline The
western shares likewise advanced. Toledo Y,.se =.
Rock Island =, Illinois Central III, csiena y.
al.ausee and Prairie du Chen =. Michigan Cen.
ira, =. aichigan Southern = Ere !. and Central
q. The only exception 20 the general market
among the railway shares was Hudson River
which dropped Z. per cent. The. public have less
confidence in the movement 10 this stock than
they would have Il Il we're supposed 20 be
under The Trad q the wealthy and sagaciooe orc.
rator who has 80 long been believed 10 control this
property Among the State stocks Nissouris sd
vanced = per cent. The coupon sixes Of the
United states were held at ;. yer cent advance a
the close; the fSes % 1874 rose y. The market
was strong thrcUgho<t The day, CLOSING GrIn al
the following qeoiaiions-t nited States O., regis
tered. lssl, ssss - DO. s's coupon, lssl, ss5,
. S; do. Sc, 1874. s'.s -; Indiana So, a.
Virginia Ga, A. a; Tennessee s's, az. ~;
North Carolina IS, eoH 81. Missouri s's Az
i. Pacific Mail. - 8 4. New Yors Central re.
a; Ere. 80. u: %. prefeJre.l so. =;
Hudson River. 10 4; Harlem, l2y. . ists; do.
preferred 30 %; Reading. s.. az. Michigan
Central. sag - Michigan southern and North