The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-07-24
PRICES AND sAass OF STOCKS IN NEW YORK,
~ IHT M ID

The New York Tribune of Tuesday morning says:
There good deal of frmness in the stock market
the opening yesterday morning hut toward the close
when the disastrous from Washington was received
perfect panic seized the operators and the market took
downward surge, which continued up to the close o.
business with llttle no reaction The operators were
and the rush get rid Of stocks was greater
than has been seen since the panic of 1857
The Hs,aId says:
The stock market opened steadily the in the
morning papers which construed as favorable for
United states At the close of the first board
the news Of the terrible rout at Bull began To
arrive, and panic e1sued. MlssOuris, which had sold
at As commencement of business dropped to Al,
New York Central which opened s. fell to 75A Afcr
the first pane the market rallied, on the rumor that
as bad as had been represented Then
az just before the second board fresh alarm spread
and a tcond stampede the result At the second
board prices al gave way heavily. Government 6's.
which sold in the morning at go were offered at So with
out bidders State stocks ie of again. Missouris sold
New York Central .ropped to "a, then rallied to
74S The Western shares declined enormously. GaIenl
fell five per cent below the morning price; Toledo 5%;
Rock Island Sd; Illinois Central 2; Erie 8; and
Throughout the list. At the close there again a
slight rally, aud the market closed at general though
small advance the extreme quotations of The second
board
The Herad also says:
The bank statement yesterday compares follows with
that of last Monday:
Week end's Loans. Specie. Circurn. Deposits.
jay 49,. .sII24 AS $40 45ol6S36 400 $50 sos 1897
July 60. lI2,,S6,lOS 46,6U2295 1854 1872 50 29S 1875
Decrease. =. $359l34 1857
z This is unexpected statement. That the banks
in the Sub Treasury, and that their
loans would decline in the lace of discount Of f50 goo,
0uO for the government, was certainly not anticipated
even by the hrewdest of bankers The bank reserve
has been high to-day, and if the S. 900 ESQ
has been paid understood, the average must be
presumed II he a rising one.
There is nothing in the money market The terrible
disaster which has befaen is the sole topic of
conversation in financial circles and business has been
neglected in consequence
Bankers put their for bills Yesterday 107A for
sterling aud 55 for francs-a remarkable advance.
moderate business DONE at about 1914 in the one
case and IN in the other This advance in exchange
is the natural consequence of the decline in exports
of produce But it has rather suddenly than
was expected People are wondering What the b mixers
are renting to their exchange Produce bills
very scarce and at present rates there profit i'm
portatiOns OF gold.
Early yesterday Mr. Cisco issued the following circu
lar and sent copy to the principal moneyed institutions
of the CT y:
OFFICE OF THE ASSISTANT TREASURER, Z. ST.
New YORK, July I'D, 1861. I
/ have authority TO negotiate to day an amount of
Treasury ties at sixty days bearlnE ntere per
cent Should You desire any, please advise immedi
ately. Respectfully yours,
john J CISCO Assistant Treasurer
Applications instantly poured into the office, and by
noon or aferward 81 600 were applied for and
Sl;6OjoOO paid in. The of the disaster checked
bid ers, Mr. Cisco would have had ten millions applied
for before the close of business as the
details of yesterdays misfortune known bidders
again come forward. and government will get its money
1t is not in the of Americans cowed by mis-
fortune Adversely rather them to the perform
ance of their duty Mr.. Chase may expect that he will
get his money.
The weekly statement Of the Philadelphia banks pre-
sents the following aggregates, compared with those
of the previous week
July Is July %
Capital stock. ...... 81 $40 $50 81 sl0.530
Loans. 1896 32s % 34l Dec. S5S 9s7
Specie 255 79S 7 Az .29S Inc. .22I 800
Due from other bks. 1856 254 2g9 9p4 Dec Ga $50
Due to other banks 2 739 400 2SSl 1885 Inc l42 2i5
Deposits. 10 1873 765 Is 100 $40 Inc.
Circulation ........ 2,I54S 2l23 922 Dec so $50
The dyer says:
The average exhibit by the banks shows material
change from the last weekly return. The discount line
has fallen II slightly, and the circulation has been
duced $4,000 The money side of the exhibit, the
specie and the deposits and especially the former has
been very considerably increased. While specie. and
plenty of it, is most desirable th in the currency it
is not favorable sign for business when we i'd the