The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-08-21

4errin tariff without any explanation In words 1t
p fortunate for the country that we possess the
bower Of curtailing our consumption of foreign
FOODS so rapidly and 80 thoroughly. We are now
Keeping the balance of trade in our favor and i'm
porting SPECIE Notwithstanding the stoppage Of onr
hipments Of cotton. This condition of things con-
tfnuing it will do shall retain in the country
All the specie we have, while the expansion of gov
trnment credit and the issue of several millions Of
government securities will necessarily stimulate
he manufacturing and commercial enterprise Of
he North in very remarkable manner, and COM
pensate our business men for the loss Of trade
aused by the war with the South. Our exports of
cod continue heavy, and there is no present pros
,ect of their diminishing. Europe will require this
rear all the food we can spare, and If Onr people
continue to dispense with foreign Injuries, our
banks will 60 through the war without fearing
Rain of specie. It will be noticed that the duties
Fere heavier in July than in May and June. This
res caused by the changes in the tariff effected at
be last session Of Congress, which induced mer-
hants to withdraw large quantities Of sugar and
ther goods from warehouse and enter them for
uty.
The following is comparative statement Of ex-
PORTS, exclusive Of specie, from the port Of New
FORK to foreign ports for the week and since
aauary L.
e s1 ;ss Sss reported
Since January L. 81 $50 ,aA 5e572 ,O0e 81 ,1fsae
Again the table shows small falling Of from
hst year. Last August our heavy shipments Of
pod to Europe commenced. 1t cannot be expect
"a that cur exports during the balance Of the
ear will show any increase over 1860, though
hey will be largely in excess Of 1852 at least for
he next ten weeks.
The money market continues very dull. Holders
first class short asceptances object to pay over
I've for meeting them, but six is the general quota
ion for the best paper. On call 4 is the gene
oil rate: but deposits are made with brokers at
per cent. The banks have paid the whole Of
heir $3,600,000 on their proportion of the new
treasury notes. Mr.. Cisco is disposing of them to
U who offer to buy.
Foreign exchange is inactive, but firm at yester-
lays rates-say l071I for bankers sterling and
.33H a IS for francs. There are few mercantile
bills in market at 1861 10Y.
Stocks continue inactive, but prices are better
lgain after the nneasiness of yesterday. An
opinion prevails that the danger of the fall Of
Washington is not great and the bulls take heart
accordingly. Pretty heavy sales of Southern
State stocks took place this morning, in part for
The account of institutions which are not disposed
10 run the risk of having the bonds confscated on
heir hands; but Southern orders, which continue
10 arrive, notwithstanding the alleged suspension
# intercourse with the South, prevent prices from
alling. Virginias, which are scarce, advanced 2.
har cent There was mO To demand fni
United States securities; the skies of 1881 fregis
Eered) declined "a but the fives Of 1874 advanced
n. All the funded issues of the government will
improve If the expenses of the WIZ are wholly de-
rayed by the sale OF Treasury notes In rail
way shares, small business done to-day
generally at small advance over yesterday 5
>rices. At the first board New York Cen.
raj advanced 70, Erie a, hudson Il, CaIena
&, Toledo "a, and Rock Island -. After the board
be market was strong and further advance Of
bout "a Ter cent on the more active among the
pecuative shares was realized. At the second
board the market was steady, and closed at the
following quotations. United States 6's, regis
cred, 1881, s74 "A; do. 6s, coupon, 1881 s724
e; do. Us, 1874, so Ia Indiana 5s, IS "a; vir-
mia 6's, 53A 81; Tennessee SIS, 1925 "a;
North Carolina 6's, Ga "a; Missouri 6's, AZ "a;
Pacific Mail 500 a 10; New York Central, 727. a
3; Erie, 25111 x; Hudson River, 32a4 81; Har-
EN-, 10H "a; do. preferred, 241l 81; Reading,
~ 35A; Michigan Central Al a; Michigan
outhern and Northern Indiana, i234 Is; do. qua.
Anteed, % a a; Panama, los LOG; Illinois Cen.
Fal, 63ss "a; Galena and Chicago, 64s4 65.
leveland and Toledo, 1874 q 80; Chicago and
ock Island, 3s1I a "a Chicago, Burlington and
uincy, 81 ass; Milwaukee aud Mississippi, IA a
3; Illinois Central bonds, rs, SO 80; Delaware
nd Hudson Canal, SO a "a; Pennsylvania Coal,
bH AT.
The business of the sub.Treasury was as follows
b-day:-
eceips. $426,4.0 98
ror Suetohis.. 4OU0 w
3yl ,QaU w
Pymehts'. 276,6S2 az
mhce.. 3bZ, 9tI 81
The exchanges at the Bank Clearing House this
orning were $l1 ,761 1863 AZ, and the balances
T69, 1868 Sc.
Annexed is the specie list Of the steamship Bre
en, arrived at this port
RoIker b Co....................... a h0r
nupth No oh 4 U,hp =.