The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-05
FINANCIAL AND CoMMERcl
Decrease. S3247,626 9s9,630 s7s;
Inc

eNof' Ait'V-AV~' a-fi'"S' N"'',S'o
Decrease ss,sa7es6 ese,0so u,,5, s7s'''s,
The decrease of specie is less than was expect
cd, considering the heavy payments into the SUB
Treasury. To-day the banks hold over si2,oooVoV,
including the remittance from California receWeu
yesterday, and further amounts are on the way
from Europe. The decrease in the loans reiecs
the absorption of the popular loan by the pupiio
To-day another million was paid over to the nahKs
by the Sub.Treasurer this account. we near
that at most Of the large banks the private deposits
increase. while the government deposit dimihishes
in promotion to the public subscriptions 10 the
loan The reduction in the loans since october ~
is about Sl3,000oOO.
The money market continues unchanged. First
class paper sells readily at Gla a7per cent, second
class at 10 a IL a Is, aud names less iavorably
viewed at various rates from u per cent month
upward. The general rate for call loans is per
cent, though some OF The bankers still succeed in
using their money at z.
The foreign exchange market opens dull, with
slight demand We hear of sales Of first class
sterling bills (bankers) at lO7 and Of unexception
able commercial bills at 1861. At the close the
market stfened, and bills were held higher.
Stocks continue generally steady, partly owing
to prevailing belief that We shall shortly receive
iuloIdbib lHbeillHt-ict from Bicat eSIShitoh'
An effort was made to sell the market down this
morning on ruinors of disaster to the fleet in the
recent storm but their baselessness obvi-
Gus that they produced no impression The weak
points in The market to-day we're Erie and New
York Central. The latter was sold down to 1ss4
between the boards, after opening at 1914; the
former opened at -. and sold down to 33S They
both rallied afterward. The cause of the decline
in Erie is stated to be sales of foreign stock
by holders who propose to renvest in the
preferred. Central naturally pauses as it ap-
proaches so. A very large number Of buyers of
Central are supposed to have fixed upon so as
point TO realize at; the more cautious among them
naturally anticipate the others, and sell at 70 H.
The Western shares were generally tame this
morning and shade lower between the boards
The strong stocks of the day are Pacific Mail and
Erie preferred. Rumor states that the Pacific
Mail have chartered their new steamer to the gov
eminent at So 900 a day. This viii probably turn
out to be at least an eXaggcration; it seems, how
ever to be admitted everywhere that the COM
pany is earning more money than it ever did,
and that its dividends will feel the effect of the
profitable employment of the Atlantic
and Baltic. Erie preferred sold at 81 this
morning, and cannot seemingly be bought
in large amounts at that figure. Comparatively
with other stocks it does not seem high. State
stocks continue steady, and governments firm. At
the second board the market steady and closed
ut the following quotations United States 6's, re-
gistered, 1881, 9i14 941s; do. 6's. coupon, 1884,
941s 9i2s; do. SIS, 1874, si1 s41a; Indiana 5's
also; Virginia 6's, 46 AZ; Tennessee G's, AZ q
42%; Missouri Gs, 435s "a; Pacific Mail, 971l
97A; New York Central, 1872 7s5s Erie, 321l a
80; do preferred, SO "a; Hudson River, 80 a;
Harlem. l22 l3; do. preferred, 32s1 32s1; Read
ing, So 49, 4; Michigan Central, Az a4fI; Mchi-
gan Southern and Northern Indiana 1917 1897; do.
guaranteed, 80 a 1914; Panama, ll61a 49, Ill
nois Central, SO q cas-; Galcna and Chicago 691
69L; Cleveland and Toledo, 35T &c. Chicago
and Rock Island, 81 a; Chicago, Burlingto,
and Quincy, 63 a 63I; Milwaukee and prauja-d
SS4.
Mr.. Chase left town for Washington early tbi
mernng. His visit had no connection with bust
ness. He merely came to escort Gen. Scott, ant
he does not seem even to have seen any of thu
bankers. He will be better able to treat with
them after a victory.
In reply to various inquiries we beg to state tina,
the total bonded debt Of the State of Missouri il
about s25, 900, represented in the parke,
by six per cent bonds This debt wa. m
CURED for tire construction of rafhoaAp and
constitutes a first mortgage on reads which
have actually cost s35 ,00O, COO in money The
SKIES are now selling with about ~ pey cent
interest due) at A; SO that the aggregate debt IF
the whole State, secured by the above mentioned
frst mortgage stands in the market al abeut
$4,000, O0O In other words, ten miiess Of dollars
will now purchase the whole bonded debt Of the
State. In the event of the success Of the maternal
arms the prospect of Missouri becoming q ace
State almost Immediately would be very fan, in
which event, and in view Of her aAbsunded re-
sources, there is no reason why her credit should
not be at least as good that of Ohio or Illinois.
The business Of the Sub Treasury was as fo'.
lows to-day
loIal receipts... 81 ,269, 1A4 50
rot customs. ................ 10000 90
Payments including redeemed Pre- noes1 800 093 10
The October statement of the Director Of the
United States Mint at Philadelphia has appeared
The coinage was only about one-third Of what it
was in July and August The New York Assay
Office has but s750,0OO awaiting recoiHa9e. We
annex the statement
Gold deposits from AZ sources. ,..ss 43l a41 4s
Silver and purchases .................. 165 573 IS
iota deposits: ...s3 ,59s, Oh 9s
Copper cents 50 received in exchange
for cents Of new ssue...............,,,. 3745 90
GOLD COINAGE.
No. Of Pieces. Value
Rouoie eagles. ........... g., 33T 81 ,248 TAO
pan Gag les. ............... 2S7,Ss6 l,1s9 43O
T Ta,iaa esies''''..''''''. zs4,oe2 GIL ,iS0