The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-06-11
FINANCIAL AND COMMERCIAL.

Juuas.. ll7,609o76 SO S37 026 S,sos,O07 o9,0o''0'
Decrease. s7si,loe Ss5,s77 ..,, oo7 a,s4o'ese
The falling of in the deposits is heavier than was
expected 1t probably arises IN part from the
msy ement of money to the West. The changes in
tlye loans and specie colGmns are iamaterial. tits
stated that the banks actually hold to-day million
more gold than Is shown above. The New Orleans
banks, which, under the new regime, pay specie |
when they please and decline when they object,
hold as 30s 1886 in specie, against s24, 900 of
circulation and deposits. They are the only South
err banks which retain any strength.
Foreign exchange seems to be at deadlock |
scain There are no bills in market, and there is |
no demand. Bankers would buy first class mer-
camille bills at 1861 and would sell their own at
1857, but they cannot do either ona Or the other.
There never before 30 little demand for bills
az there is atpresent. Francs are quoted 1861 |
a5as. At these rates theirs il q fair profit on |
smfor;ations ofspecie from Europe.
There is no cAsnge whatever toreport in money,
The brokers BORROW all they need at q 6 rer
cent on call. few select names are currers at
SAL on short and 7 a 0 on long paper. But most
of The nani-a which have usually been current at
the discount houses are discrcdited, and will not
pass at sry rate Tie financial news per Fulton
is unimrortant No change is reported in con-
sols cotton or produce. american shares are re-
ported flat-Illincis, 39H 4O1a disccznt; New
York Central, 65 67.
Ths1e was another srasm in the stock market
this morning, ana prices generally advanced. We
ny little business was done; the commission brok-
ers seem to be selling, rather thar buying; the
purchasers for the most psrt bears who have
contracts maturing. Pacific Nail advanced per
u,,ls Il
Central "a, Illinois Central "a, 'Gelena a, Toledo
N and Rock Island 4. 6tete stocks were all
lower this morning. Missosris fell off "a, virginiss
"a, North CatSinas r., Tcnnessecs "a. The sup
ply of thcsevorthless sto5ks continues large, but
the operations of the beacs on tire Stock Exchange
sustain the market. FEDERAL stock was steady to-
lay. There was no oAsAge in prices be.
tween the boards. At tie second beard,
the market fell off fractlon-el round, and closed
dull. Tho following were the last quotations.
United States SIS, 1874 wi Tx; Tennessee
e's, 81 81; Virginia SIS, ~&l1l AZ; Missouri e's
37H g711Is; Canton, s. o; Cumberland Coal pre-
SerredS-& a 81; Deaware'ead Hudson Canal go q
80; Pennsylvania Coal, Tee 80; Pacific Mail, 90 a
s21aa; New York Central, 7l7s u; Erie, 2,l a
2lA; Hudson River, 80 ~; Harlem, 10 a ;'do
preferred, % 1874; Reading, 3O9s 3o2& Micli
gan Central, 40 a Al; Michigan Southern and
Northern Indiana, l055S IL; do guaranteed, '23
231a; Panama, fc5 g LOG; Illinois Central S3sS
a s3s4; Gaena and Chicago, 579s 5711a; Cleve-
land and Toledo, Els 2l1aa; Chicago and Rock
Island, 80 a "a; Chicago, Burlington and Quincy,
81 a So; Milwaukee and Mississippi az II; La
Crosse and Milwaukee land grant bonds, "a 0;
Illinois Central bonds, SO SO.
The following YVES the business of the Sub Trea-
sury to-day
Receipts. S275 o49 95
For customs. Observation-Disclosures. 90 0o0 90
Payments. 30S, $50 20
Balance 10 $50 1853 q
The exchangesst the Bank Clearing House this
morning were sl3,4l2, $50 49, and the balances
81 ;1O6, 492 "a.
The Merrimac Manufacturing Company has de-
clared dividend of three per cent, payable on
demand.
At an election held yesterday at the offices of
the Hudson River Railroad, the following gentle
men were elected Directors of that company for
1s6l.'62:-samuel Sloan, James Boorman, John
David Wolfe, Edward Jones, William Kelly
D. Thomas Vail, Erastus Corning, VIM. H. Hays,
Robert P. Getty, Henry A. smythe, ]. B. John
ston, E. H. Miller, Moses H. Grinnell. Subse
quently Samuel Sloan was reelected President
and D. Thomas Vail, Vice President.
The May earnings of the Clevelssd and Toledo
Railroad were:-
Nay 1851 2a6
Nay, 1861 ACKNOWLEDGEMENTS. SO 6ol
Decrease. 81 1855
We are glad to hear that the government has
at last chartered the Vanderbilt. She ought to be
armed at once as first class men-of war, and
kept in the service. She is stronger than most
and faster than all the vessels of our navy.
The net receipts of the Harlem road for the
month of May are as follows
S9l l3l 81
1901 50 Sol 20
Decrease ......................... IS $50 O3
Stock Exchange.
MONDAY, Juno 10, 1861
$1,000 Us6s PSI reg s31a 100 shs Pacific MSS Co COZ
1000 Uses, 'Sl, coup S31a so do......... 81
2O00 do 634 SO d.. $40 6l1z
COCO DO SS2z so do. IS 6iZ
5000 NYoik6's, '62. 100 100 Hudson hsver RI 90