The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-05-07


Decrease s2o6,sss sa7,42s l,sn,a7s
The decrease in specie is not quite so large as
was expected the decrease in deposits is heavier
than was looked for. Both doubtless proceed from
the movement Of money into the interior for war
purposes, and for the commencement Of the spring
business. The week begins with rising specie
average.
Money is as easy as ever; but none but the very
choicest names pass, and these at seven per cent.
The successful manner in which our mercantile
community weathered the day OH Saturday is
subject of general congratulation.
Foreign exchange is inactive indeed there is
nothing doing. Some bankers are buying good
mercantile bills all the way ron l0l to 1882.
At the morning board to-day fair amount of
business was done, and prices in many instances
were higher. United States securities of all de-
scriptions improved from l to per cent. The
skies sold at 90 for the registered and 50 for
the coupon stock. State stocks were also better,
mainly from the wants of the bears, who are pay
ing 2and per cent month for the loan ofyrgiuias
and other State stocks. So long our spectators
sell these stocks for fall they cannot decline to
THEN intrinsic values. The general list was bet
ter, with the exception of Pacific Mail, which de-
clined Ia; Rock Island, which declined %, and
Michigan Central, which declined Il. New York
Central and Erie were both 4 higher, Illinois Cen
tral per cent and Toledo %. Reading and the
Michigan shares were steady. Bank stocks lie
cline, upon the general impression that much of
the paper they hold will prove worthless. We ere
inclined to think that, allowing for losses from this
cause, the depreciation already realized more than
covers them; Bank OF Commerce shares al 81 are
not dear. This afternoon the market was
better again, especially in Erie and ILL
nois Central both of which advanced
apparently under foreign orders. IL per
cent. Spectators are wondering whether the
news ofthe actual outbreak OF war Will induce the
English TO sell out OF stocks TO buy more at
the decline The losses Of foreigners in Yirginias
and other State stocks viii prove very heavy.
The following were the last quotations ofthe day
United States is, 1874, .G1$ a -; Tennessee G's
4j% AZ; Virginia 6's, 45h t6; Missouri 6s, 40
a l04 Canton 10a l0%; Cumberland Coal prefer
red, 4l5 a 51SS; Delaware and Hudson Canal, 81
So; Pennsyvania Coal, Is a 50; Pacific Mail Steam.
ship, 69% 20; New York Central, 1225 T25s;
Erie, 2l2. 90; Hudson River, 3G5s q 81; Harlem,
IL al2%; do. preferred, 81 3l1z; Reading 80
q 3214; Michigan Central, 44s4 A5144; Michigan
Southern and Northern Indiana 1872 a 1891; do.
guaranteed, 20 20; Panama l0l l02 Illinois
Central S2iS 6211s; Galena and Chicago, 50 591!;
Cleveland and Toledo, 2tI5 2iat; Chicago and
Rock Island, 3s1s $685. Chicago, Burlington and
Quincy, 50 . 60; Milwaukee and Mississippi, . q
81; La Crosse and Milwaukee land grant bonds,
) 3 9; Illinois Central bonds, ~ q Ss3S.
The business Of the Sub.Treasury was a. follows
to-day
receipts SIl,256 50
II or customs 2b 600 90
~ lio W ~
bafnce.... sbo3ytS 80
The exchanges at the Bank Clearing House this
morning were $2iO2l ,s25 ~, and tue balances
81, G04sJs %.
Tie Michigan Central road earned in April
sl65,Til o.
lf2.ol0 tl
increase fo,SIZ ~
The Toledo asd Wabash road earned IN April
IetO.. +sI3Ib7e
'oZ'o
lncresse ....sl pa
The Chicago and Rock Island Railroad earned
in April
ls6l........ .sI62l
looo... oo,sio
iecrease'. slo,oi1
The London Times OF April "A thus notices and
.l-r