The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-04-30
l6.4l0

Decrease 1sas,5S7 49, 5ls,soa
The decline in specie is larger than was expect
ed, as the banks received nearly million from
California during the week, and the Sub Treasury
has not gained money. The impression prevails
that Southern depositors are drawing out their
money in coin, and shipping it, by some means or
other, to the South. The District Attorney should
look to it. The banks of New York will pay all
drafts drawn by parties who have balances here to
their credit after the money is out Of their hands
it is the District Attorneys province to act. In
the loans and deposits there is change to notice.
The money market is very dull, but rates are
higher. Seven per cent is now the minimum rate
for the best paper, no matter how short. Many
names which were current few days ago will not
pass now. Failures continue to occur both in the
dry goods and n the grocery trade, and capital
lists operate with great caution Southern debt
ors announce their fixed determination to pay no
Northern debts so long as the war lasts.
Foreign exchange is very dull. Bankers ask
lO5L for their sterling bills but there is no de-
mand. few bills were sold at los for sterling,
end some francs were placed at 5.371s. The mar
&ct looked quite heavy to-day.
Stocks improved this morning on the intelligence
OF the safety of Washington, and the probable re-
turn of Maryland to common sense. Strange to
say, the border slave State stocks were all better;
Nrginias rose z; Tennessees, 8; Missouris, 4;
North Carolinas, 6. The business at the advance
was moderate. A motion was introduced in the
Board to strike from the list the stocks of all the
States proclaimed to be in rebellion. II was ne
gatiyed, on the ground that the daily registration
in the stock sales of low quotations for these
stocks conveyed practical rebuke to treason,
which was not without usefulness. Some day our
people will discover that they have been duped
in the matter Of these border State stocks. They
are absolutely worthless In a few days the
West will begin to pour them into our mar
ket from the banks. At the first board this
morning Central rose x; Erie, q; Hud-
son, "a; Reading, -; Panama, /; Michigan
Central i guaranteed, a; Illinois Central, ~;
Toledo, n; Rock Island, /. Between the boards
prices fell off fraction; in the afternoon the mar
ket was dull, closing weak Governments were
fraction better to-day. A vigorous blow struck
by President Lincoln at the rebels would improve
the price Of federal securities; they decline ON
the apprehension that some settlement or compro-
mise may be made which will demoraze the coun-
try, and prove the ruin Of our national existence.
The following were the lost Quotations to-day
United States SIS, 1874 rs 76i4 Tennessee C's,
so 30; Virginia 6's, a6% q AZ; Missouri So, 40 a
40; Canton, sa9; Cumberland Coal preferred, a
G; Delaware and Hudson Canal, 50 a SO; Pennsyl.
yania Coal, 72 70; Pacific Mail Steamship, 6s1, a
GO; New York Central, 725s a 721s; Erie, 20s4
Il; Hudson River, 36L 81; Harlem, l2H l2ss4
do. preferred, 80 3214; Reading, 3l54 80; Michi
gan Central, NJ As; Michigan Southern and
Northern Indiana, l31< l31s; do. guaranteed,
2sai 2914; Panama, l0l 1903; Illinois Central
$50 a 5s34 Galena and Chicago, 57Z a 57a4;
Cleveland and Toledo, 2394 q; Chicago and
Rock Island, 371S 379l; Chicago, Burlington and
Quincy, Sc so; Milwaukee and Mississippi. "a
pa; La Crosse and Milwaukee land grant, 30
Illinois Central bonds, 80 a 81.
The business of the sub. Treasury was as follows
to-day
Roeepis. SS52,lS6 90
-for custons. NEUTRALITY-SUSPICIOUS.. 0,OC0 %
~, lhaa oVo,o.s 70
balance 10 $40 013 IS
The Booth Cotton Mills, Of Massachusetts,
have declared q dividend of two per cent,
payable May !; the Bank OF Montreal, semi
annual dividend of four per cent, payable June |.
u is understood that the managers Of the Erie
road contemplate making an assessment Of ~ so
per share on the stock, and an equal amount on
the unsecured bonds Of the company, for the pur-
pose Of paying the back interest on the mortgage
bonds.
We beg to draw attention to an advertisement
in another column respecting coupons Of the bonds
OF the Buffalo and New York City Railroad.
The Chicago Tribune of Thursday night says
The Straits at last open Two Chicago propellcrs
passed Detroit this morning. But In spite OF this i'm
the tba Ne yov Mol ard
bad depressing influence the moley market, and
change was rmcr. Bankers sold very sparingly 70
toners at Is per cent premium, but II per cent
paid outside IN some cases. The buying price IL
10 The oney market, like everything else very
settled and robody predict wnat the next hour will
bring forth Cold nominal, buying 10 per cent; sell
ing 20.
The New Orleans Picoy,ne Of Monday night
says:--
Tho amount OF business transacted day was very In
sgnncsnt and 10 eome departments there was hsrdly tho
appearance OF rnde The discount brokers only report
c1ua ssfs OF paper AZ Il cent for strictly choice
Inoe who nave money prefer TO Keep H. and cano be
rereuaded " nvest II n the best securities Exchange
buyers have virtually retired iron the market Como
vey cod stcrlrg offered nj 100 but found no akers.
We .d not bear Of sale OF francs sight be bad
slfnnsi a IL, dfsl cfer. little was sc,d discount,
ana q 'ae close some 1 chgcks were o''ered al la
discount.
The sanss rarcr Odds
s-f.s 10 olute ccb s-w of A.. m orev ar AZ