The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-06-08
FINANCIAL. AND CONNER IAL,
Fri DAY, June 20 p. M.


This has been 9, very aul day IN money Capt.
talists are growing more md more suspicious of
all names bus the very big aest and the banks are
trying to secure themselve s as best they can. On
call money continues very abundant.
Exchange declined AGA N to- day; bankers bills
were done 1t 1861 for sterling and 5.371a for
francs. Very little bust ness vas done the sup
ply of bills Is sma but the capacity Of importers
to buy still smaller. Tie question Of a possible
rupture with Great Britain is being &axiously dis
oussed in tha exchange market.
Stocks were lower to-day the a9aam ing condi
ton of public affairs seems to be shak ng stocks
out of weak hands and bringing aSel into the
street Many operators loos for. a. aall of ten to
fifteen per cent before Congress lneets j., especially
if the relations between Great Basa lin and this
country continue as threatening 'shey are. At
this mornings board Illinois Cenir al declined 2
per cent, New York Central T., Er lie a Harlem
"a, Hudson 4, Michigan Ceatr ii a. Pana.
ma % Michigan Southern i, Gsa' ena 81, Toledo
| "a, Rock island 4. PubEo seasU tiles were also
| lower The new government 10 an declined Il
Tehnesaaas %, Virginias I, AMI Missouris l. Be-
! tween are boards the rnerloS was dull At the
second boar! ,tocks were lssa lerally fraction
| better, bit ilc market closed heavy the follow
ing beii.g the last quota togeS United States SIS
1874, n a ~; Tennessee i'e 1914 80; Virginia
es, 49;4 1874; Missouri Gs, 3S9s 3s5s; Canton,
8 So; Cumberland, Coal preferred, aI% 51I;
| Delaware and Hudson Canal, so; Pennsylvania
| Coal, 76 so; Pacific Nail, 60 a COZ; New York
| Central, ~ TX; Erie, 2l}4 2l%; Hudson
| River, 3l14 3l1a; Harlem, 1875 l0I Harlem
| preferred, 1874 81; Reading, S0]s 305s; Michi-
| gan Central, 40 40A; Michigan Southern aud
| Northern Indiana, l0% II; Michigan Southern
| and Northern. Indiana guaranteed, 1895 1884
Panama, los g 1861; Illinois Central, 6214 627a
| Galena and Chicago, 561l a 56}s; Cleveland and
| Toledo 2Osz g 81. Chicago and Rock Island, 1921
a 33; Chissgo, Burlington and Quincy, 80 a 3d.
Milwaukee and Mississippi, IL Il; La Crosse ans
! Milwaukee land rant bonds, a g.; Illinois Cen
trail bonds, 90 q 90A.
The last mails from Europe brought intelligence
to our marine insurance companies with rogart
to the fitting out of privateers in England, which
induced them to-day to raise their rates for wal
risks on American ships from to 8, A. 5, and il
some instances per cent. This amounts, o
course to resigning the command of the ocean tc
foreign vessels. Our ships cannot compete with
British vessels while paying per cent extra for
war risk; and the legitimate consequence Of The
resolution adopted to-day by the leading oompa
|
vessels will be laid up at home. We are nor pre-
cisely informed to the tenor Of the intelligence
which led The companies to take this step. 1t il
: understoodrhat priyateers actually fitting on
in England to sail under JEFF. Davis letters O
marque, and it is expected that they will readily
evade the distractions placed ia their way by the
: Foreign Enlistment act aud the Queens procla
nation. 1t is moreover well understood tina
under the recent decision OF the law officers of the
, ! British cy9Wp, AJqsriqaa Yesselsi seized b