The New York herald., 1862-01-23
FINANCIAL AND COMMERC CIAl.
WEDNESDAY, Jan 22-6P. NJ.

WEDNESDAY, Jan 22-6 p. NJ
The steamer Canada, from Boston to-day, took
out $4,000 and 5000 soveregns in specie. There
70 no alteration in call loans or paper. The specu.
lative movement in gold continues. 1t rose to
1927 at the second board, with sales of upwards
of $50 900. 1t continued to advance after the ad.
journment, and some private transactions were
made late in the day at as high 1857. The
foreign exchanges remain firm, the leading bankers
refusing to sell sterling under ll21a; but nothing
has been done as yet for Saturdays steamer.
The Committee Of Ways and Means reported to
the House of Representatives this morning bill
authorizing the Secretary of the Treasury to issue
one hundred and fifty millions Of demand notes (the
fifty millions already issued being included in
this amount), which are to be made legal tender
for public and private debts, and also empowering
him to issue six per cent bonds, redeemable in
twenty years, to the extent of five hundred millions
Of dollars. The provisions of the bill were ap
proved of by Mr. Chase this morning, and it was
made the special order in the House for Tuesday
next.
The stock market opened with a downward ten
dency this morning, particularly in governments,
which fell to 80 for the registered and to 80 for
the coupon skies Of 1861. As the call proceeded
der the influence of whose purchases prices soon
rallied, most of the leading railroad shares ad-
vancing "a "a per cent over the lowest points
touched yesterday afternoon. At the after
noon session, when it was known that
the Committee of Ways and Means had
reported in favor of an issue of demand
Treasury notes, the upward movement be-
came more decided, and further advance
~ = ~ -
prices took place, the market closing firm
Railroad bonds continue to improve. Galena
and Chicago firsts rose to 103 to-day Michigan
Central frsts to SO. Hudson River seconds
extended to 1887, Milwaukee and Prairie
do Chen 6rsts to 81, and Erie thirds to 90.
We hear of some large private sales, for
European account, of Erie fourth and fifth
mortgage bonds, the former at rs q II, and the
latter at 20, which is decline on the last transac
tions The following were the closing quotations.:
United States 6's, registered, 1881, 80 q 80; do
6's, coupon, 1881, s9A 30; do. 5s, coupon, 1874.
-asO; Indiana 5's, IS &c; Virginia 6's, 49A 6O
Tennessee 6's, 431l As; North Carolina 6's, 62
63; Missouri 6's, AK a; Pacific Mail, 9sA
80; New York Central s3A 4; Erie, 35H "a; "a;
do preferred, 66A 57A; Hudson River, 3sH a
n; Harlem, 1917 Is; do. preferred, 81 a n;
Reading, 3sH q; Michigan Central, 63Z "a:
Michigan Southern and Northern Indiana, 201< 70;
do. guaranteed, Al a Al; Panama, ll3 Ia Illi-
nois Central, 81 62H; Galena and Chicago, 6s9sa
q; Cleveland and Toledo, 371s 3s; Chicago and
Rock Island, 54H 55; Chicago, Burlington and
Quincy, COZ 81 Milwaukee and Prairie du Chen,
20M 2l; Cleveland, Columbus and Cincinnati,
l04 l05; New York Central rs, 1876, 1927 l04;
Erie third mortgage bonds, 81 90; Michigan Cen.
trail 8's first mortgage, 97H 9S Illinois Central
bonds. rs, 81 q 9lHa.
After the final adjournment the excitement con.
tinued, and some sales of New York Central were
made late in the day at S3T.
The following was the business of the day at the
Office of the Assistant Treasurer of the United
States
Total receipts. 81 .205 ,562 10
-ror customs Io,OOO W
--OH aCCouut vi iOdn. loo,oOO W
Payments, including redeemed p ct. notes 5sS
Daiahce
The Marine Rank has de- rod semi.apnuaI di-