The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-03-02
FINANCIAL AND CONNER ciAL.

FRIDAY, March 1-6 p NJ.
Money continues in active demand among the
brokers' and il was difficult to-day 10 borrow on
call at under 6 per cent, many borrowers being
obliged TO pay as high as T. The balance OF the
~ 00o 600 loan. say 81 100, 900, paid into the
R,b-rreasury to-day. The disbursements were
also large. amounting to 100000, and win con-
,;pue 10 increase for several days to come. There
= very little doing in paper, owing to the scarcity
NJ first class names, and rates remain as last
quoted.
The foreign exchanges for to-morrow's steamer
are frmer, without much activity however. The
principal transactions in bankers bins to-day
were at lO5T LOG for sterling aud at 5.3711S .
s35 for francs, bat the leading drawers are not
selling at under the last named rates.
The activity of the last few days was renewed
on the Stock Exchange to-day, but the upward
movement Of prices received decided check.
The advance has been 80 rapid that many OF
the recent buyers are tempted to realize
their profits. Several lots Of Erie and
Illinois Central, received by the Canadian,
were also thrown the market, and
contributed to depress prices. The market open
I'd heavy, and continued to decline until near the
close of the morning session, when the result Of
Che election in North Carolina being announced
. moderate rally took place. The discouraging
tone Of the Washington dispatches received be-
tween the b. ards, on the subject Of the Peace
Conference proposition, caused a renewal Of the
desire to sell, and further large decline was SUBJ
nitted 10 at the second board. The Western rail-
road shares gave rise to the principal transactions
and Toledo, in particular, very active, the
sales OF the day reaching over 600 shares. State
Etocks participated in the decline, but TO a
more moderate extent. Tennessees fell off
to n, Missouris to 691s, and Virginas to 1913,
Federal stocks were comparatively steady. The
Texas indemnify SIS rose at the first board to 90.
The new per cents declined in the afternoon to
IS for the registered stock including interest from
so-day; while the coupons were done at 931 Z, into
rest TO commence on LIST Of July next The SIS Of
1874 were sold at $50 but were afterwards offer
ed at s71a Treasury notes are well maintained at
rates that pay from s1 So per cent per annum to
she buyer. On comparing today's closing prices
with those of yesterday notice decline of per
cent in Pacific Mail; of "A in New York Central;
Of in Erie; Of ~ in Hudson River; Of "a in Har
lem common; of 21a in Harlem preferred; of 21a in
Reading; ~ in Michigan Central; of "A in South
ern guaranteed; of ~ in Illinois Central; Of l a
In Galena; Of IA in Toledo; of in Rock Island
and of ~ in Burlington and Quincy.
The market very unsettled after the fna
adjournment, closing at about the following quota
tions:-United States SIS Qs14), STU a s711Is Indi
ana 5's, "a IS; Virginia G's, rs 1914; Tennes
see 6's, 76H II; Missouri 6's, 80 6s1a; Canton
l41 1873; Cumberland Coal preferred, IA ara;
Pacific Mail, se4 81; New York Central, 1871 a
70; Erie, 3314 331a; Hudson River, 451a 45s4;
Harlem, l5s4a l6; do. preferred, 40 401l; Read
ing, 4514 45s>4; Michigan Central, 57s4 50; Mi
chigan Southern and Northern Indiana, IA l41s;
40. guaranteed, 3s14 1874; Panama, ll6 III;
Illinois Central, s214 S2lll; Galena and Chicago,
7214 5294; Cleveland and Toledo, SO 3614; Chi
cago and Rock Island 60 COZ; Chicago Bur-
iington and Quincy, 1874 IA Illinois Central bonds,
rs, 81 97%.
The days transactions at the Sub Treasury were
rs foows:-
VI
FOR cuhtome...... Do oOO w
kAy ozls0Zs ~
phAhce... c,o-tlo o.
The Taunton Iron Works Company have de-
saared dividend Of eight per cent, payable April
!. Dividend last year, ten per cent.
The following statement of March dividends an