The New York herald., 1862-04-01
ease. S2,593 $50
sls,4l2 49s ,OO4

Decrease. s., ,593, $50 3,l73 o0s
Increase. sls,4i2 4ss ,Oo4
Thus the banks continue steadily to gain con
To-day they hold less than Is shown above; but to.
morrow they will receive the bulk of the gold
which is to be paid out by the government for the
April coupons on the 7.30 Treasury notes.
They have now sold so many OF their
government securities that their discount
and deposit lines are lower than they
would have been if there had been no war. IL is
probable that the stronger institutions will make
no further effort to force sales of their United
States bonds, especially as the capture of New
Orleans or Richmond would probably cause those
bonds to rule higher than they have been since the
war commenced. The bank circulation continues
to increase, though it is still too low for the wants
of the public.
There is no change in the money market. MOI
ney is worth per cent on call, and a Z for
first class paper.
Exchange opens firm for the steamer. Some of
the leading bankers began to draw to-day at ll2;
but the demand was larger than they we're willing
to supply. There are very few bills in market,
and "a gold is rising, bankers not very willing
sellers. Gold rose to-day to 1917, and closed
1917 bid. The prevailing impression among
bankers continues to be that it will rise to l04
1O5, in consequence of the demand for export.
The stock market continues dull and languid
with one or two exceptions. Government skies
declined 5s q to-day, in consequence of an
increased supply from the banks. We hear of a
single sale made privately of 100000. The fves
of 1874 are steady. Illinois Central likewise took
a downward lurch, on the strength of the report
and of the decreased earnings Of the road. The
ocf.c of tha dav ant 81 il IN o M
cent. Panama advanced ! per cent, with an active
demand. New York Central was sold down q per
cent The other speculative railway shares-Ere'
Reading, Michigan Central, Michigan Southern
Rock Island and Galena--closed about < lower than
on Saturday. Toledo was an exception to the
rule: IL was active all day and closed x better.
The Presidents statement il warmly canvassed
and the prevailing impression is favorable to the
property. Milwaukee and Prairie du Chen seems
likewise to be attracting some attention. Thi:
road has the advantage Of being managed by mer
who are not only practical business men, tho
roughly conversant with railroad matters, but
who are also honest and do not speculate in
their own stock. shrewd operators have
good opinion of this stock. At the clos,
the market was weak, the following being
the last quotations limited States 6's registered
1881, 921s a %; do. 6's, coupon, 1881, s21. 90
do. SIS, 1874, 81 q q; Indiana 5s, 10
Tennessee 6's, 561S 81; Virginia G's, 81
SO; North Carolina 6s, ee1s o71ls; Missouri G's 81
az Pacific Mail, 81 a 4; New York Central
s2X a. u; Erie. 3Gss u; do. preferred COZ.
Y; Hudson River, 35M a 36 Harlem l21I a a
do. preferred, 3014 a 81; Reading, Az Az.
Michigan Central, 5514 a; Michigan souther
and Northern Indiana, 22A 20; do. guarar
teed, 46 q "a; Panama, ex dividend, ll994 l2t
Illinois Central, 6lh "a; Galena and Chicago
G71% GO; Cleveland and Toledo, asa a &c; Chicag
aud Rock Island. 5514 Il; Chicago, Burlingto
and Quincy, co 6lA Milwaukee and Prairie d
Chen, 224 %; Cleveland, Columbus and Cir
cnnati, liz "a; New York Central rs, 1876
1Ol 1887; Erie third mortgage bonds, 921S a 90
Michigan Central SIS, first mortgage, - lOi
Illinois Central bonds, rs, "a a 9l14 America
gold. 1917 az.
after the second board there was quite rail-