The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-03-22
FiNAiNCiAu AND COMMERC GAL,
TnWRsDAY. Marohs2I

TIwRSDAY, March 2l-6 p. n.
There is no'changc' to chronicle In. the money
market. Money is abundant at tie rates last
quoted.
The foreign exchange market is firm, and would
be active were there more bills in market. Com
mercial bills sre extremely scarce, and no bank
ers' bills can be had below lot. The Southern
banks combining to prevent the transmissioa
Of bills to the North expecting. very justly that.
in the course Of the nextfew months, by peddiing
them out judioiously, they will get much higher
prices than rule at present. The New Orleans
banks are stronger in specie than thsy.eyer were
before. The condition u our exchange market
renders fall in the rate, Of interest, in England
highly probable. As the rate was only advanced
to eight to check the lowof coin to this country.
the Graz -ows OF the rIse In bills ho-e above LOG
will probably, lead to . reduction to sever.
and subsequently, TO DIX per cent Whan
the navigation opens we eha receive large GUAM
titles of bread3tufs whics, If the foreign markets
are sustained will supply some bills; but it takes
good many cargoes Of wheat and corn to supply
the wants of New York city respeo4 to exchange.
ven for a single week
The stock market cortinues dull. with very
slight changesin price. Less business was done
to-day than usual. Erie fil off to 90 a decline Of
IA mainly on the renewal of the talk about N
assessment; published the factS- on this subjecs
at the time Of the reorganization. Central was
steady; SO wore Pacific Nail, Reading. Michigan
Southern AMI Michigan Ceatral. Illinois Central
advanced II, and Galena rs much. Toledo fell or
q. The business in State. stocks and railway
bonds was, rs usual fairly active United States
SIS, 1874, advanced a, Tennessees q, virginias
u Bissours "a. The bonds of the Illinois Gen.
trail sold aeA premiunl-an unusually high price.
They are the only Western railway bonds which
are included among first class securities. There
was quite an active market fo7 Michigan Southern
bonds-ths LIST mortgages- advanced to IS, and
the sinking funds to 8l1b. In the afternoon tho
market was quiet and closed steady, the following
being the quotations:--United States SIS. reg.
95sS 9534; United States SIS, 1874, 895S o s91<:
Indiana SIS, &c q 871S Virginia 6's, 1877 o 1917;
Tennessee 6's, TAX q rs; Missouri SIS, &c d sc;
Canton, Az a Is; Cumberland Coal preferred, 6 q
s; Paciac Mail, 85s 86y Erie, 305S 500; New
York Central, 70 7sJS; Hudson River Az Is;
Harlem, 1514 15H; do. preferred, IS u . 381.;
Reading, 433s 43E: Michigan Central, 66s4 . 81;
Michigan Southern end Northern Indiana, l6L .
1914; do. guaranteed, 365S seTs; Panama, ll61I .
III; Illinois Central. 81 a slH; Galera and Chi
cago, 711% 7ls4; Cleveland and Toledo, SAX .
80; Chicago and Rock Island, 57' 575S;, Chicago.
Burlington and Quincy, 7l1S 7g<; I. Delaware
IacSawanna and Western, 80 a IS; LIMOS Cenrals
bonds, rs. 1907 alo0tS.
The business atthe Sub Treasury so-day was 40
failows-
Receipts. ...:.....,........''....' si5sli .
Payments 100 $50 ~
Balance .... .....,........,,,..r. 62T3,2D 90
The exchanges at the Bank Clearing Hous . this
morning were S2l. 1854 500 IL, and the ba.snces
81, 1851, SIG 70.
The Chsmical Bank has deoiaxeis dividend of
six per cont, payable at Of april; the phiiadei-
phia, Germantown and Norrissown Rsilr lad Com
pany, o dividend Of four pes cent on the captak
stock payable on and after tae first dag Of April
next.
Tie Chicago Democrat nays
Tha Of grain hcra by The openiac AZ
The straits VIA be about nve mcns OF sesnels T6ere
viii be vesash here Mt tat time cavGbe OF caxryiag
tyso millions bushels here a. tue ope rnQ and
veeseas thaa could carry million OF bushels The drst
ah1Itss ~ sa las: sprs were 2. eshs cents FOR was.s
year charters hav been is ccHts md ,ms
a. 10 csass while shrssrs now desot know ~hat OF
fer, aaa vessel owpaaa vhat to TAKE But no doabt a
nec. o. vessels win aaive from the other lakes az soc~
Is thsy can pass the Straits sfi ;hs will tend 70 kseS
ws, to Buffalo cents oswsco oos sps y osnns
| IL and Is cents
The Boston Daily Advertiser Of yesterday
says
Money ccntAues 70 oe easy and plenty with but little
| employ mena for the bulk Of tho cspaj o0srtpg m
general condition ~ business does not change and tn
| depostoA TO Undertake operations does not
crease, although we learn of few movements base
on the espectanon that political troubles will finally
| settled peacefully.
God is zov accommodating with greas rspiday. NC
current ns between New York and Boston IN now In on
favor esd thus the banks here enjoying the bene
Of The vain which the New York banks are making. N
increase fpecie In State street week past
| irf bali a million.
The traffic Of the Great Western Railway Of O.