The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-05-25
FINANCIAL AND CONNER ClAL.
SATURDAY, May 24--6 P. NJ.

SATURDAY, May 24-6 m.
The money market is without caange. Call
loans a S per cent. Exchange closed at ia a
4, bankers generally asking the latter rate. Gold
was 1887 "a.
The stock market recovered this morning from
the furry of yesterday, and nearly all descriptions
were better. By vote of the Board, after the re-
ception of report from the committee appointed
to investigate the circumstances of the alleged ir
regular issue of Indiana fives, that security was
not called and will not be until the facts are tho
roughly ascertained. We hear of sales of the Isl
on the street at IS, and at the close 80 was bid.
Between the boards the market was dull. At the
second board there was more disposition to sell
stocks, and Erie declined per cent and other
railway shares from a to "a per cent. Hudson
River was about the irmest of the railroad
stocks. At the close the market was heavy,
and the last quotations were as follows:-United
States 6's, registered, 1881, l035I lO4; do. 6s,
coupon 1881, l04 l041s; do. SIS, do, 1874, 931l
"a; Indiana SIS, so; Tennessee SIS, So q 5S1A;
Virginia ss, 57a 5s1; North Carolina s's, 70
49, Missouri 6's, 5l5s 5lA; Pacific Mail, lis
l13I; New York Central, s7A q s7A; Erie.
361a 36A; do. preferred, 63A a.631ss; Hudson
River, 4311 A; Harlem, 1877 IA; do. pre-
ferred, IS 3514; Reading, 1871 491S; Michigan
Central, sos a COZ; Michigan Southern and
Northern Indiana, "a 24A; do. guaranteed
IS q 5514; Panama, 129 131; Illinois Central,
SOY COZ; Galena and Chicago, 60 691S; Cleve-
land and Toledo, 4sT AN; Chicago and Rock
Island, 6l5s 6ls4; Chicago. Burlington and Quin-
cy, 70 70; Milwaukee and Prairie du Chen, 30
2s1a; Illinois Central bonds, rs, 941I 94H;
gold, lO35S 1887.
Mr.. Cisco has received authority from the Trea-
sury Department to receive money to any amount
on deposit at four per cent. Mr.. Cisco has receiv-
ed the following letter from Mr.. Chase
TREASURY DEPARTMENT, May 81, 1862.
SRI in receipt of your letter Of the 10th inst,
enclosing petition from prominent importing
Of the city OF New York. asking that your instructions
relative the payment of all dues except interest and
public debt, be far modified TO permit the payment
Of all checks drawn By the Collector OF Customs for
"excess or unascertanee dutes In notes OF the first
COIN Their request Is deemed reasonable and
just, and you hereby authorized to pay ali checks
drawn by the Collector which shah contain the words
excess Of deposits for unascsrtdned duties such
money s receivable for duties at the Custom House.
] am, very respectfully,
s. p CHASE, Secretary OF the Treasury.
JoHS J. CISCO, Assistant Secretary, New York
The business of the Sub Treasury was as follows
to-day
Recepts. $iIo,z oo 81
Customs ......................... l45 900 90
Payments. LOU dog o.
baaLcs .l3,olo,loo Oh
Mr.R.N. Hudson, the Indiana State agent, gives
notice to persons holding Indiana five per cent
stocks, signed by II. E. Talbot, as auditor; W. R
Nofsinger as treasurer, and James A. Cravens as
agent of State, by D. C. Slower, to present them
at the Office of the Indiana State Agency, No. Sc
Wall street, for transfer or cancellation.
The Merchants Bank has declared semi annual
dividend of three per cent, payable June 2.
The exchanges at the Bank Clearing House this
morning were s2i ,73l 1923 TO- and the balances
ST. 29s, 974 81. The exchanges for the week ending
to-day were sl42, s2s SOS o. being daily average
of s23 ,s04 100 IS, against s27 s95 oO9 81 for the
week ending on Saturday last
The business of the Reading Railroad for the