The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-06
FINANCIAL AND CONNER GAL
THURSDAY, Sept. Sc p. !

FINANCIAL AND CONNER GAL.
THURSDAY, Sept. So P. N.
The money market continues very dull. Paper
of the highest grades ia very scarce names not
strictly first class are slow of SALE On call the
brokers are abundantly supplied at 4a5 per cent,
and there is no prospect of an advance in rates.
The brokers are doing lively business in two year
Treasury notes at 9s%aH.
Foreign exchange has not opened yet for the
Saturdays steamer. The prospect is not favorable
for an advance in rates.
Stocks continue very firm, with an upward ten
dency, Notwithstanding the light commission bust
ness and the fatal war which is raging between the
New York Central and the Erie. The Western
shares are all exceedingly scarce, and the supply
on the street is not increasing; hence in the pre-
sent easy money market, the bulls find it an easy
matter to compel their antagonists to pay smartly
for stock for delivery. Galena, to which the
attention of bull spectators has been di.
rected by the recent successful negotiation
for the extension of the first mortgage bonds ad-
vanced "a per cent this morning, and was scarce
at the advance; Rock Island rose "a Toledo 4, and
Illinois Central "A; spectators appear to see
ucttCE PEospCSb VI ou udvduCc III nc1c VchtcTu
shares than in the stocks of the near by roads.
Erie and Central were both a lower this morning
on the reopening Of the war. The last fight be-
tween these roads cost them as nearly as possible
a million dollars; at the present rates, they will
soon lose 40 much rs this. The falling off In the
Central receipts is reported to be very heavy in
deed. State and federal stocks are all improving
on the general increase of confidence. There was
quite an active demand for governments this morn
ing. The new registered SKIES rose 4 and the
coupons e; the ives of 1874 were in demand at
an advance of and the two year Treasury notes OF
9sT, u higher than yesterdays best price. Among
the State stocks, Tennessees rose Il, virginias
a, North Carolinas "a and Missouris "a. Between
the boards there was very little business done, but
the market was firm. At the second board there
was further improvement in some of the Western
shares and the rest of the market was firm,
closing very strong. The following were the last
quotations United States 6's, registered, 1881,
89H s911la; do. 6's, coupon, 1881. s95< 30; do.
6's, 1874, 500 500; Virginia 6's, 5414 IS; Ten
nessee 8s, A Az; North Carolina 6's, 81 G214;
Missouri 6s, 43sS 1874; Pacific Mail, Tx TX;
New York Central, 1879 1915 Erie, 2474 a rs;
do. preferred, AK As; Hudson River, SO 331Is;
1A"s1S"' AV/a q AV/SS ao' tScfCtfSup 90 Ao/4,
Reading, 351s 3551s; Michigan Central, AZ a4294;
Michigan Southern and Northern Indiana, 1877 q
IA; dc. guaranteed, 80 a sO1ha; Panama, 1861 a
los; Illinois Central, 66 a 6614; Galena and Chi
cago. 6s1s 60; Cleveland and Toledo, 3O2S 3O1ls
Chicago and Rock Island, 4O1S a 4ss94; Chicago
Burlington and Quincy, 6l11 a GA; Delaware,
Lackawana and Western, 60; Milwaukee and
Prairie dn Chen, l5H l6; Illinois Central bonds,
rs, 90 921II; Delaware and Hudson Canal, $50
s614; Pennsylvania Coal, rs a 76.
The receipts at the Sub Treasury to-day on &C.
count of Treasury notes amounted to over $500 OOO
besides which the banks received a large sum,
which will be paid into the Sub Treasury to-mor.
row morning. There were more applications at
the bTreasury to-day than on any previous day
since the loan was offered, but the amounts ap-
piled for were not as large as yesterday.
The exchanges at the Bank Clearing House this
morning were SIS ASSIST "a, and the balances
81, 23l ESQ 90.
The Germania Insurance Company has declared
a semi-annual dividend of six per cent, payable on
the 9Th inst the State Bank at Hartford, Conn.,,
dividend of four dollars per share, payable on de.
mand.
The Chicago Tribune of Tuesday says
sThere good supply Of Eastern exchange and the
market continues easy at par to per cont premium.
The demand for currency still greater than the supply
aad shippers OF produce tnd considerable difficulty nero
tatDg their paper. Gold is in fair demand at u per
cent premium
The Milwaukee Sentinel of the I'd inst says
The chief feature Of last week in the money market
reduction or per cent in the price Of exchange which
during the latter part OF the per premium
The buying rates varied from to 31s tho week closing
with weak market at the inside figure. The banks gene
rally sold their customers gold at 4 u per cent above
the premium for exchange Tho brokers charged per
cent. Bus ness is still comparatively quiet, and the de-
mand for currency Light. Tho deliveries OF wheat the
week show Sigh increase those OF the previous one
but twenty thousand bushels less than during
the corresponding week in ssothe st week Of the sea
that the excess has not been largely in favor of the
present year.
Annexed is the specie list of the steamship Glas
gov, arrived this morning.
Nc-tnltn Stus I'll 900
Brown Bros. Co. 226