The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-07-16
8l3,1S9 383,l0O

increase S3lO,SI4 1,226,1S
The changes in the specie and loan columns are
more moderate than was generally looked for. The
present specie average is rising one the Cali.
fornia remittance of 81 200, 900 having gone into
the bank vaults this morning, while the Sub-Trea-
sury continues to dsburse from a quarter to
half million day. The very small increase in
the loan column, in view of the addition thereto
during the week of nearly SIS 100000 in Treasury
notes, would indicate a corresponding falling off
in mercantile dscounts-a striking evidence of the
general and rapid liquidation which is going On
among our business men.
There was rather better demand for call loans
to-day consequent upon the increased speculation
on the Stock Exchange; but the brokers were
freely supplied at per cent. Paper is unchanged.
The foreign exchange market has hardly opened
yet, ana the rates are nominally the same as for
the steamer Of last Saturday.
The stock market showed some unsteadiness at
the opening to-day, and lower prices were touched
on governments and on some of the border State
stocks; but as the call proceeded better demand
sprang up, causing general Improvement in the
railway shares, with an active business. The news
of the defeat of the rebels under General Garnett
received between the boards, gave an additional
stimulus to the upward tendency of the market,
and there WAS general scramble to buy at the az
ternooR session, resulting in further ad-
vance of from ! 2 per cent on the
mornings prices. New York Central opened at &c,
rose to 1911 at the first board, and to TX at the
afternoon session, closing, after the final adjourn
ment, at 711I. Erie rose to "a at the second
board, Hudson River to S61a, and Reading to SO.
The bull movement in Rock Island is well sustain
ed. II opened to-day at 80, rose to 391< at the
morning session, touched Al at the second board,
and closed, later in the day, in demand at Az,
against 3sI at the close on Saturday. Galena
also advanced to 661S Toledo TO 29s, and Illinois
Central to &c. Pacific Mail fell of TO II at the first
board, under renewed fears of Southern confcde-
racy privateerng, but soon rallied, and closed at
70 bid.
A large business was done in the stocks of the
border States. Mssouris, Tcnnessees and North
CarOlinas gave way at the first board, under free
supplies from the Wisconsin banks but the two
former rallied again in the afternoon. Missouris,
after touching AZ, closed in demand at 43I. The
sudden advance which took place in North Caro-
linas at the close of last week was not sustained
to-day. They fell to GO at the first board, and we're
offered after the final adjournment at So, without
finding buyers, against 81 last Saturday Co
vernmsnts were weak at the morning session, but
closed in demand at the full prices of last week.
The market closed firm at about the following
quotations: States G's, registered, 1851,
SIX SO; United States 6's, coupon, 1881, SO
ssLs United States SIS, 1874, 81 S111as; Indiana
5's, 761s n; Virginia 6's, 4s a 481s; Tennessee
6's, 1914 43ss4; North Carolina 6's 5s1a 591l;
Missouri 6's, 1914 a 1875; Pacific Mail, 70 1871;
New York Central, 771a a 775s; Erie, "a 2414;
Hudson River, 36H 3SH; Harlem, lO4 1917;
do. preferred, 2521 20; Reading, SIX a SO;
Michigan Central, ~ As; Michigan Southern
and Northern Indiana, 1917 IA; do. guaranteed,
20 30; Panama. 1922 a. ll0]4; Illinois Central,
60 COS; Galena and Chicago, 6G1 6s1s; Cleve-
land and Toledo, 2914 1914; Chicago and Rock Is.
land, 4lH Az; Chicago Burlington and Quincy,
60 G5; Delaware, Lackawana and Western, 721s;
Milwaukee and Prairie du Chen, Ia Az Illinois
Central bonds, rs, 0l1a a 9211l; Delaware and
Hudson Canal, 81; Pennsylvania Coal, 70 a79.
The following was the business of the day at the
Office Of the Assistant Treasurer Of the United
States
Receipts. 1921 ,701 o.
-tor custoins .......'........... $4,000 90
Payments 765 $50 06
Balance 'ooo,o43 50
| The New Jersey Railroad and Transportation
| Company has declared q semi-annual dividend of
| five per cent, payable August l. The transfer
| books close tomorrow.
| The following circular has been issued from the
Comptroller's Office Of the State of Tennessee
| CoxrrRotLsR's Orrcs, |
40 eSa~0