The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-07-27

import gold rom europe, and as soon as the
advance in bills Is known abroad il is probable
that shipments Of specie viii cease-at least for o
time. Meanwhile our very light imports, and our
continued heavy 1Ports of food, do not encourage
belief in a continued advance in exchange. me
import of dry goods for the week ending to-day IS
only about half a million against three and nall
same week last year, and Eve millions same week
in 1859.
Stocks were duh to-day, and prices generally
were lower, though The market was Irregular Since
the last upward movement parties have no. shaped
themselves anew 1t seems to be understood that
during that movement the bears covered their con-
tracts and the bulls sold their stocks so that the
field is now clear for rev combinations There is
a marty in the Board which looks for more disas
ters for the Union cause and continued success for
t. bells. This party will naturally operate On the
bear side. On the other hand there are many
members whose feelings coincide with their judg-
ment and who do not apprelend any permanent
disgrace for our arms. These are naturally inclined
20 buy stocks. The future OF the market will de-
pend, however, more on the progress Of the war
than upon the operations of spectators. United
States securities were steady this morning, with
ont much activity. There was an improved demand
for Vrglias and North CaIolinas, the former OF
which advanced per cent, and the latter "a; on
the other hand Tcnncssees and Missouris both fell
Oft 3& por cent The Western ,ilyay shares were
depressed. Illinois Central fell of per cent, the
European adgices being supposed 70 be uniavora-
BILE; Caleua declined u Toledo Is, Rock Island q,
Michigan Central "a; Mioligan southern guaran.
teed was steady. The near by railroad stocks feli
on on the rumoy that their traGc is declining. Cen
c,n r,fr ~ nd
son RIVER did not vary from yesterday. At the
close OF the first board the market was weak and
there was little disposition TO buy stocks.
At the second board the market was all
lower, and there was general disposition to
sell stocks. After the board, however
rally took place. and all descriptions ere in de-
mand in the street. at an advance Of 10 a % per
cent. The following wore the last quotations OF
the day:-umted States 6's, registered, 1881, s7%
S7s.; do. s., coupon, 1881, S71i s7A; do. 5's,
ls74, so a 81: Indiana SIS, IS rs; Virginia SIS,
4y1I a 80; Tennessee 6's, Az ~; North Caro-
lima 6's 90 81; Missouri 6's, Az 4l2s; Pacific
Mail, Tx ~ Ecw York Central Is a51S; Elie,
23L a 1884; Hudson River SO a 331l; Harlem, lOH
a 1867; 10. preferred 24s4 2514; Reading, 80
35N; Michigan General ~ q l21a; Michigan South
ern and Northern Indiana, 1874 1874; dc. guaran-
teed, AZ 272l; Panama, 1917 100; Illinois Cen
trail, 81 a G21%; Gplcna and Chicago, 6l2 6l%;
Cleveland and Toledo, 1874 = q; Chicago and Rock
Island, 39lL 39s4; Chicago, Burlington and Quincy,
60 a 6l1s; Delaware, Lackawana and Western - q
20; Milwaukee and Mississippi, ID Is; Illinois Cen
trail bonds, rs. 90 a o. Delaware and Hudson ca
nal, So sc; Pennsylvania Coal, 1874.
The business of the Sub.1reasury was as follows
today
Receipts. ss77, IL "a
For customs aaSoo W W
Treasury notes ooohco w
payments 90 %.
Balance .S,oI9,oss -
The Harlem Railroad Company will pay in
terest COUPONS on various bonds the lst OF
August at the Office.
The Chicago TTbsuae Of July "a says:-
Exchange seems be Accommodating. On the Board o.
Trade ~ ay traed at Par to % .raM for western cur
rency, and il wac dun at mat FOR coin = to 4 per cent
Discount
The London Economist, in discussing the pvoba
bliies Of getting American cotton this year, modt
es She opinion that the federal eoyernm Mt canno
blockade the Southern ports. 1t says--
Considering tic vast wealth and naval strength Ct the
North aud the comparative weakness Of the South
both money and in ships may not shut our eyes To
abe fact that the b adc of the southern ports may be
made complete and effective, and may continue long
enenGh shut M Cor year at least ell their exporlabe
We need no; speculate But the ports from which
can be shipped to Europe few in number and can
e1sy be ..lardcd the slips &c Western nations may
assume viii not break " blockade, and The prvatcors Of
the Southern coniederatiop cannot II is, therefore,
deniaby possible and almost probable that FOR the space
of u twoivcsnontl may lie deprived of the whole
neary tho whoe, Of orr Usual supply OF III" raw material
from America. We havo received All our share of last
ycare crop already the next years crop will not
forward in any quantity I'll the end Of 1881 The begin
ming OF 1862 N the be cded and the blockade raised
by February next snail scarcely feel at all lit he
aIs zInnfya nlni hp tlc
bales short Of supply. This IS the moi mproha
Die cent genCy which have to look in tho face
calmly md 70 sagacouly and energe,icay as we
may.
The London Times notices and quotes American
securities as follows:-
In the colonial market the bonds Of the Grand Trunk CT
Canada Halter. The ordinary stock loft of at 19
u, aud Great Western shares 10s "a showing alter
atin. American railway securities closed the
yesterday ia miscellaneous descriptions there de-
slime In Canada land shares Canada five per cents 9S *
United States 5's, 1874. II 10
Virginia 6s. .....,................ Al Al
Uric shares, assessment scrip. ......... ~ %
Do 7pcr cent preference. ......... Al a %