The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-09-07
FINANCIAL AND CONNER CtAL.
FRIDAY, Sept. &C P. M.


and the supply continues in excess of the demands
at these rates. We continue to buy very sparlngiy
from abroad Our imports of dry goods for the
week ending to-day only amount to 1882 Sol against
s2,273, 1855 same week last year, and s2,0lo,sS6
same week of 1862
Foreign exchange is steady, without much ami
nation Bankers sell at 1917 q for sterling and
b.32L a IS for francs. Produce bills sell at the
usual concession from these prices.
Stocks continue to advance, with general in
crease of business in all descriptions. The inquiry
for railway shares was active this morning, and
prices advanced in every instance. At the first
board Illinois Central rose ls per cent, Galena q,
guaranteed a. Toledo Is, Rock Island Is, Hudson
a, Erie u, Central 4. The most popular among
these speculative shares are those of the Western
roads, the shares of the by lines hurt by the
competition now pending between the Central and
the Erie Pacific Mail advanced to rs this morn
ing the alarm regarding privatecrs seems to be
subsding, though there is, apparently, as much
ground for it as there ever was. There was no
change this morning in government stocks; they
continue 70 be bought for investment in large par
cells from day to day. The two year Treasury
notes now within rs Of par. At this rate the
1910 notes should be worth premium. The
business done this morning in Southern State
stocks was lighter than usual of late, and Ten
nessees declined Il per cent. Other descriptions
were steady. After the board the market con
tiRued firm, and some Of the speculative stocks
were higher in The street. AT the second board
everything was firm and closed strong, the follow
ing being the last quotations:-Unted States 6's'
registered 1881, s91S IL United States Gs, co.,
pom, 1881, o01S a; United States SIS, 1874, 50
=; Indiana 5's, II; Virginia 6's, 81 Sc; Ten
nessee G's, AZ q; North Carolina 6s, 621I a
IS; Missouri 6's "A %: Pacific Mail, 1874 so;
New York Central, 741s az; Eric, 25334 &c; do
preferred, IS 5O Hudson River, 9911a & 81; Har
lem, ll1s "a; do preferred, 251s &c; Read
ding. IS q u; Michigan Central, 4211a 80; Michi
gan Southern and Northern Indiana, 1874 70; do.
guaranteed, 81 n 90; Panama, los 10; Illinois
Central, Gs a; Galena and Chicago Co.'S a "a;
Cleveland and Toledo, 3O24 q; Chicago and
Rock Island, 44al As; Chicago, Burlington and
Quincy, 60 "a Delaware, Laokawana Western,
6724 $50.
Business is reviving steadily, and merchandise OF
all kinds is recovering its value There is more
movement than there has been for some tine in
sugar, tea, coffee and cotton and woollen goods
The expenditure of million and quarter per day
is telling OF all our markets.
The subscriptions to the public loan continue to
be liberal. The number of applications to day was
as great as on any previous day. The business OF
the Sub-Treasury was as follows:-
Receipts 1857 sos IL
-for customs. OBSERVATION-DISCLOSURES. 5000 90
Treasury notes ...................... ai7 600 90
a!hehts ................. lit9Y36f %
Balance NEUTRALITY-SUSPICIOUS.. IL $50 902 I3
Mr.. Cisco has received from the Secretary of the
Treasury draft on the city banks for 81 100, GOO
nor a1J on toff hn
thrty-fve million loan.
The exchanges at the Bank Clearing House this
morning were sl3,G99,64l 67, and the balances
1901, s5l e.
The Boston Daily Adrertiser of yesterday says
Trade Is gradually resunng lis accustomed channels
Many mills, in various sections OF New England which
have been et rest one more months again In
ton and running at full speed, making goods for the
army and navy. The large disbursements the govern
ment arc having more influence IN business circles
capital is more freely circulated.
The Boston Post of the same day remarks-
The feeling the street was confident and cheerful
Government securities better and for copper shares
The bids were more active end, ia some cases. higher
lngo copper quito firm and progressively, the mining
shares look better But the companies win not get
large advantage this year from the rise in ingot copper
as most OF en have sold at the going rates through the
season.
The Chicago Tribune sums up the grain move
ment of the week ending September
Compared with the week previous there increase
nm tho Of nur .orr,
bushels in cern hut the sunlsv Of whcat sboys Sa,ng
on of 12s oo0 bsheis In no shr,ne,,s ,hora &c o ;
crease OF 600 barrels of -four and about zS5 600 bushels
of corn decrease Of 100 goo bushels In wheat Re-
sluene the aonr to wheat The rcccints Of mi tns or
grain during The wees foot nm oA eIo hnshels aga,st
2,2S4 ,533 bushels tho week prevous
The receipts at tide water of -four, wheat, corn
and barley for the fourth week of August, 1850
and 1861, have been as follows:-
Flour, ibis Wheat bt. Corn bu. BarfeyJn
1860. $500 $4,000 s4l 100 1890
IS61. ..... 90 100 TAO, 800 1888 800
-
Inc. 81 200 Inc. 1894 ZOO Inc 800 500 Dec 500
The aggregates of the receipts OF the above articles
the years 1850 aud 1861, have beer
Flour, Wheat, Corr Bar1eY
bills bush. bash. bush.
1850 ....s.4 0l ,O00 4,637 900 9.6S3,O00 SO 200
1861. .B2S 400 13,022,5cd l05S2,5G0 1877 600
- -
: increase. .22l 5OO S,1S4 900 S99,500 102 400
OF 1851 is equal TO ,s5S ,315 bbls of -four.
The receipts at tdewater OF the principal articles Of
produce from the opening OF the canals to and including
the Slst ut have been as follows
1861. 1850. 1853.