The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-06-21

There Is no change to report in our money
market. The rates are 5 6 for money on cali;
6 a for few very choice names, and 10 per cent
and upwards for less popular names. The idea ola
negotiation of Treasury notes by the government
to the extent Of $3.50 900 is generally discussed
in financial circles. 1t is reported that commits
sion house in the dry goods trade will stop pay
ment after to day.
Foreign exchange has hardly opened yet and
rates remain unchanged, with very little doing.
Bankers are buying for their paper.
There no o net;nr ~, .hA a.,o,r
| morning after the rise Of yesterday and the day
before. The advance in prices brought in new
sellers, and encouraged the bears, who had as
sisted the advance by covering their contracts. to
put out more options. Thus, at the first board
New York Central declined Z, +, Erie 4 Toledo 4,
Michigan Central 4, Galena 4, and Rock Island "a.
State stocks were also lower. North Carolinas
which were freely supplied by the public, fell
per cent Miasours n, virginas |, end Ten
nessees "a per cent. There is, IA certain
quarters, a disposition to buy some of these
State stocks, on the theory that the war will
pat an end to slavery, at least in the
border States. and that, wherever the institution
is abolished, an improvement in public credit and
resources will follow. This may be the case with
Kentucky and Tennessee, whose State debts are
moderate. But how is Virginia to pay the int
rest on some forty-foar millions of debt even as
free State, without industry or commerce. or
manufactures or an industrious population,
United States stock (the new sixes) improved
"a! a | per cent to-day, on the announce.
meat in the HERALD that the government
contsmplates raising money By the issue of Trea-
sury notes only. After the first board he market
vas dull, and stocks were offered at the lowest
prices of the morning. In the afternoon stocks
were generally lower, and the market closed weak
the following being the last quotations. United
States SIS, 1874, 76a4 q IL Tennessee 6's, 1914
&C: Virginia G's, 3934 40; Missouri 6's, 39 a3914
Canton Company, 8 9; Cumberland Coal pre-
ferred, Az 5; Delaware and Hudson Canal ~
80; Pennsylvania Coal, rs 771%; Pacific Mail
Steamship, &c 661: New York Central Railroad,
741s Az; Erie, 22a4 1874: Hudson River SO
3311a: Harlem, 81 924 do. preferred 22ll
80; Reading, 1914 33119a; Michigan Central, 4.
4l1s: Michigan Southern and Northern Indiana,
lls4 q l234; do. guaranteed, 2614 261a Panama,
l0s1a 1922: Illinois Central, 6614 661l: Gaena
and Chicago, 6l4 6l1a Cleveland and Toledo
23$4 1874; Chicago and Rock Island, Sc &c..
Chicago, Burlington and Quincy, 551I 51: Mil.
waukee and Mississippi 1919 16 La Crosse and
Milwaukee land grant bonds, 81 10; Illinois
Central Railroad, s924 q 80.
The following was The business of the Sub.
Treasury to day:
Total receipts. $3So32l III
-fOr cuh toms observation-disclosures. 5000 90
Pay ments. 550,9Ol SO
baiance S,4Ao 'sl w
The Western Railroad Of Massachusetts has de-
clared seni-annual dividend of four per cent
payable July /; the Boston and Providence Rail
road. semi-annual dividend of four per cent, pay
able July l; the Appleton Manufacturing Com.
pany Of Lowell, four per cent; the New market
Manufacturing Company, three per cent; the
Hoyoke Water Power Company, three dollars per
share payable at the Bank of Hartford County,
July 10.
The exchanges at the Bank Clearing House this
morning were SIS ,799,l75 60, and the balances
81, 1871 SO.
The Africa, arrived this morning from Liver.
pool, brings 1915 las. Cd, 900 francs, and
$4,000 in specie.
The last Bank Of England statement shows the
following variations as compared with the pre-.
yious week.
BQDllc deposits. lS45,IlT
Clner ueposts, ...'.''....'''' w ,oS'
Notes in circulation. .,.......... 4c6 G5J
Kest.......... l,sos
On the other side of the account
Government securities. '..'...... No change.
Other securities. ..,............E 225 1876
Coin and bullion. ............s.. 22T 451
Notee uremploy d..........>... T63,120
The annual meeting Of the Morris and Essex
ailgqaa was held 81 Newark yesterday Tue AZ.