The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-20
FINANCIAL AND COMMERCIAL.
THURSDAY, Sept. le-c P. M.

z.
Tho money market is quito easy again. the SUD-
ply of money offered call at per cent is in ex
cess of the wants Of the street, and some good pa
per was done to-day at per cent A stringent
money market is not at all to be unprecedented until
business becomes more active than it isthat is to
say, tin next spring at earliest.
The foreign exchange market win not fairly open
till tomorrow, but the indications are that rates
will be lower. We hear of sales of first class bills
at los n. The rise was not calculated to last
over week.
Stocks were all better to-day, though the market
is not very active. The business in United
States stocks was limited; the new reg
Il and Missouris 4 better; the latter
are commanding the attention of some
outside capitalists and disappearing from the mar
ket. New York Central rose "A and Erie q. 1t
is understood that the refusal of the Western roads
to take part in the competition between the two
trunk lines will tend to an early settlement. So
lar as we can learn, the fault is with the managers
Of the Central The Western shares were all bet
ter. Galena rose 4, Guaranteed 20 Toledo a
and Rock Island "a. To-day's advance in bread.
stufs is great thing for these Western roads. Pa
cifc Mail advanced ~ per cent this morning.
There is evidently a quiet demand for this stock
from some outside quarter, and it has been sus--
pected that the company was about to electrify
the street with one Of its usual coups detat. Its
business is excellent, especially on tho out
ward trips: in November it will probably
pay the usual dividend which may be
increased this time. We imagine, however, that
the late rise in the stock has some connection with
the sale of the Baltic and Atlantic to government.
Some time since telegraphic order to buy these
ships was actually received by government agent
in this city. The sale was not effected owing to o
difference of opinion as to the price, and after
some discussion the matter was dropped. 1t is
| now surmsed that some of the shrewd operators
who make 10 per cent on Pacific Mail at each
of its periodical turns have received quiet in
| timation that Mr.. Welles is going to carry
| out his original intention Government ought
to own the ships as well as the Wander
| bilt and Champion. At the second board
to-day the market was without change, and closed
steady, the following being the last quotations.
United States G's, registered, 1884, 80 ~ do. 0's,
coupon, 1881, oOss "a; do. SIS, 1874, so rs vir-
ginia 6s, 5lA SO; Tennessee 6's, 43 III Missouri
6's, 431 "a; Pacific Mail, 1917 "a; New York
Central, 1877 "A; Erie, 2G1S "a; do. preferred,
461 AZ; Hudson River, "a a; Harlem, lOa5 a
"a; do. preferred, Is "a; Reading, IS "a; Michi-
gan Central, AZ 4s; Michigan Southern and
Northern Indiana, 1871 IA; do. guaranteed, 3ON
a31A; Panama, l0974 n; Illinois Central, 665I O
%; Galena and Chicago, 691% "a; Cleveland and
Toledo, 80 a Is; Chicago and Rock Island, ~ q
"a; Chicago, Burlington and Quincy, 81 63; Della
ware, Lackawana and Western, 81 6s; Milwaukee
and Prairie du Chen, Is 49, Illinois. Central
bonds, rs, 90 q SO; Delaware and Hudson Canal
49, Pennsylvania Coal, rs ~.
The banks paid another instalment of the loar
into the Sub-Treasury this morning, making &C pei
cent Of the $35 900 900 paid up. OF the $1,000 00(
paid to-day, ss5s,o00 were in 60 day Treasury
notes, and $2,642, 900 in specie. This does moi
look as though the banks were anxious to get rio
Of their mites. The Sub-Treasurer reimbursed
them $3.50, 900 this morning in payment of popular
subscriptions to the loan. The popular subscrip
tons progress satisfactorily, though of course ths
amount received here declines as Offices are opened
in various parts of the country. The following wa
the business done at the Sub Treasury to-day
Receipts. "a 1907 Jos 81
Treasury notes. 3Io0o0O O
Payments zSyovS! y
The Philadelphia Bulletin of yesterday re
marAs:-
The subscribers to the national loan at Jay Cookies oc
this morning numbered between eighty and ninety, an
the aggregate subscribed $40 900 Books hav
opened in many interior towns, and the offices here ar
relieved Of part of the rush upon them.
, Stock Exchange.
TurssnsY, Sept. 10, 1861
| g "a abe C,entR