The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-06-26

Since January .ssl 100000 4l,744 75i es55s $50
There is no change in money, and no failures
are reported to-day. The recent suspensions in
the grocery trade have caused an uneasy feeling !;
it seems to be expected that July will witness
many more disasters in that trade. The grocers of
this city did a heavy business with the rebel
States, and of course have been cheated eff every
dollar due to them. Both banks and bankers are
running after the brokers to lend them money on
call at five per cent.
Exchange on Europe closed with rather more
firmness for the Boston steamer of tomorrow. A
fair business was done in bankers bills at 1857
but the market being quite bare Of mercantile
bills, they could not be had, this noon, at less
than 1861, and most Of the leading drawers put
their rates up to l06. Francs are rmer, and close
at $500 40 for the best names.
There was quite movement in stocks to-day
based partly on foreign demand for State secu-
rites, and partly predcated on nonsensica rumors
Of compromise. The latter ground for an advance
will be found untenable. We have authority for
stating that the idea of comprom mise has not en-
tered the mind of any person in authority at
Washington, and that, above all others, the fresi.
dent and the Secretary of State are unalterably
opposed to any sacrifice of principle or conces-
sion of any kind by the government. That the
Virginia rebels would like well to extricate them
selves from their present dilemma by what they
call compromise is probably true enough, and
there are doubtless in the North traitors and weak
kneed persons reaoy to aid them. But we believe
that the inanciers who lately visited Washington
we're assured by members of the Cabinet that the
only Southern proposal which would be enter
tanned by the government would be an offer to
lay down arms, return to the old allegiance, and
surrender the ringleaders of the rebellion for
trial by the proper courts. In Wall street,
however, the most absurd rumors often
obtain credence for o time, and to-day
the compromise con0sd caused an advance
of "a in Pacific Mail, "a in New York Central, "a
in Michigan Central, n in guaranteed, "A in I'LL
nois Central, - in Galena and % in Rock Island.
Great efforts are being made by the bull clique to
sustain Gaena by creating scarcity in the stock.
State stocks we're favoraby affected by few
foreign orders. North Carolinas advanced per
cent; Tennessees, l.; Virginias, 2; Mssours, 70. 1t
seems that some parties in Europe are sending
our railway bonds home and putting the money
in the deprecated stocks of the slave States,
doubtless under the impression that slavery will
slave State stocks will be as valuable as those of
free States. With the exception of few of the
older slave State stocks, foreigners have always
been shy of buying securities where value was in
any way contingent upon slave labor. At the
close of the first board the market reacted frac
ton. Between the boards it was dull. At the
second board the market was without change,
and closed steady, the following being the last
quotations: -United States 6's, registered, 1881,
s4394 841ss;. do, coupons, 1881, s3a4 s31s do.
5's, 1874, 76Na ar; Indiana SIS, IS 80; Virginia
6's, 4014 4011S; Tennessee 6s, 1874 Ss1aa; North
Carolina S. 4s1a . 80; Missouri 6's, ss14 3s55ss;
Pacific Mail 6611s e61Ss; New York Central, 1871
1870; Erie, 221s 49, Hudson River, 80 3214;
Harlem, 81 q 8; do. preferred, 2lH %; Reading,
50 1871; Michigan Central, AN 4211aa; Michigan
Southern and Northern Indiana. IL l2A; do.
guaranteed s5H 26h; Panama, OK. div. per
cent, 1917 1O3 Illinois Central, 6511l Sc; Gale
ma and Chicago, 5s11l a 595s; Cleveland and Tole
do, 2314 1871; Chicago and Rock Island, IS
354; Chicago, Burlington and Quincy, 55H 56%s
Delaware, Lackswana and Western, = rs; Mil