The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-08
FINANCIAL AND CONNER GAL,

SATURDAY, Sept. 7--6 p. nj.
There is little movement in money to-day, and the
rates remain as last quoted. The foreign exchange
market closed steady at from 1879 1917 for
bankers sterling, and from 1927 5.35 for francs
The subscriptions at the Sub-Treasury to-day on
account OF the 7.30 per cent Treasury notes were
$2,5O2 ,O96-chiefy in small amounts. The fourth
nstalment of six per cent was paid in gold by the
banks to-day, making total payment thus far of
thrty-six per cent, or $l2 800 900.
There was moderate reaction in the stock mar
ket to-day, after the rather rapid advance of the
past two days, and prices fell Of from quarter to
one per cent the decline being most marked in the
Western railroad shares. Rock Island, which rose
OF the second board yesterday to 441, opened this
morning at "A and declined to 431, rallyng at the
close to 43a4 bid; Gaena was freely offered this
afternoon at CO. without finding buyers, against 69H
bid yesterday; Illinois Central fell to 67H, and
Toledo to 500. OF the other railroad shares, New
York Central declined Il, Erie u, Harlem "a,
Michigan Southern, old, q, and do. guaranteed a
Panama rose and Milwaukee and Prairie du
Chen IL per cent. Pacific Mail adv anced to 1917
at the first board, but dropped to 10 in the after
noon, and was offered after the final adjournment
at 1881. State stocks were inactive, except Mis-
-
and fell of to 43t& in the afternoon. Governments
opened firmcr, but closed at decline Of about "a
per cent. The per cent two year Treasury notes
continue in good demand at 9sA.
The Saturday afternoon sessions Of the board
were resumed to-day. The market closed dull at
about the following quotations;U United States G's,
1881, registered, 80 $685.; United States 6's 1881
coupon, 30 sos; United States SIS, 1874 1914 a
500; Indiana SIS, II; Virginia 6's 5414 IS;
Tennessee 6s, A AZ; North Carolina 6's, 62ss
So; Missouri SIS, 1875 43 Is; Pacific Mail, IS 1871
New York Central, 1874 1871; Erie, 1874 1914;
do. preferred, AZ a so; Hudson River, 3311a 1875
Harlem, 1917 IL; do. preferred, 1874 %;
Reading, 361s $685. Michigan Central, AZ 49,
Michigan Southern and Northern Indiana, 1917
l4114; do. guaranteed, 3oA 81; Panama, 1885
ITO; Illinois Central, 81 a 6711aa; Galena and Chi
cago, 6s23+ a 90; Cleveland and Toledo, 30H 302S;
Chicago and Rock Island, 43A a A. Chicago,
Burlington and Quincy, 81 62H; Delaware,
Lackawana and Western, 67 a 60; Milwaukee and
Prairie du Chen, l6 a II; Illinois Central bonds,
rs, 90 a 94 Delaware and Hudson Canal, s5
S61I; Pennsylvania Coal, 76; Treasury per
cent notes, 9sa4 $50.
The business of the day at the Sub Treasury was
as follows
Receipts 50, 1857 i935 90
For customs. ACKNOWLEDGEMENTS. 5000 90
-fof treasury hotcs.. Z,o0Z 900 ~
Payments. OBSERVATION-DISCLOSURES. ,743 ,S26 AZ
balancc. 1904 800 10
The net receipts of the Harlem Railroad for the
month OF August are as follows
$lO4 94l H.
1861 92O33 40
Decrease. OBSERVATION-DISCLOSURES. $l2sO7 70
The Atlantic Fire Insurance Company of Brook
lyn has declared semannua dividend of five
dollars per share, payable on demand
The receipts Of the Panama Railroad were for
june Sill 4l9 OF
July. liIooo %
This shows gain over the same months of last
year, notwithstanding mail money is included in
the figures this year.
The Detroit Free Press states that the Michigan
Central Railroad Company have leased the north
ern division Of the Louisville, New Albany and Chi
eago Railroad, extending from Lafayette, Indiana
or to Michigan City, and will repair and run it.
This section is ninety three miles in length. The
Central road pays per centage for its use, keeps
it in running order, and furnishes the rolling stock
Annexed is the statement of the Massachusetts
banks, out of Boston, for the week ending August
1S61.-