The New York herald., 1862-01-01

Since Jan. SOS 3o3 1874 103, 200 5e7 ,37 e63 26s
The last week of the year does not close with as
heavy export return as some of ~ predecessors.
The aggregate for the year, however, amounts to
the unprecedented sum of $l37 ,963 ,26S-say
s34, ,763 900 more than that of 1860, and ratbeI
more than double that of 1859, which only slight
ly fell below the average. Assuming our imports
to have amounted to 25,000,000, onr genera
merchandise account shows balance in our
favor Of nearly Sl3, 600 600 to Offset the difference
between our exports and our imports of coin.
This is the first instance on record during which
the balance has been in our favor, and - may be
regarded as especially remarkable, in view OF tIe
fact that for one half the year there Pave been no
exports Of cotton. The cause OF me anoeiyly is
Of course, the short harvests abroad and the snr
plus of food here. II must he remembered that
these are accidental occuETey. ces and nav not oc
cur again. Congress should legisase,fn view OF a
possible decline IN cur. shipments Of grain after
midsummer.
Money seems to g. abundant enough az seven
per cent On call. The brokers are doing some
thing IN paper ct aS per Gent for tie highest
grades The banks are deigg no business as yet
Foreign exchange ceHtnues paralyzed. The
Seading bsnkers ask liz q ll3, aud We hear of a
few transactions at the lower figure; but most Of
the dra~ers and importers appear TO be waiting
for further developemonts American coin is offered
at ono and half premium, and is bought by the
bullion brokers at one; but very little business is
berry done in it. It will be easy to bring the gold
70 hight again when it is needed, now that the banks
have got ont Of the false position they occupied.
The stock market active this Iaorning, with
out material variation in prices from the quotations
Of last evening. The leading speculative stocks of
the day, Pacific Mail, Central, &C., were steady
Erie, Erie preferred and Rock Island were a irac
! ton higher, while Missouris Michigan Southern
| Galena and Toledo were all Il a q lower. The
tendency of speculators is to buy Cor the rise; bu
the recent advance has naturally supplied the mar
ket with stock enough fer immediate wants. II the
| public continue TO buy as they have been doing for
a day or two, further advance may be expected.
| After the board the market steady. At the
| second board there was another push to buy and
a general though slight advance took place, the
market closing firmly at the following quota
tions:-Unted States 6's, registered, 1881, 81 a
| a; United States 6's, coupon, 1891, 9lH "a;
United States 5's, coupon, 1874, sl1. 9+ Indiana
| 5's, IS rs; Virginia G's, 4sH so; Tennessee
6's, AZ u; North Carolina 6's, 90; Mssou-
ri 6's, 421s a; Pacific Mail, 94'4 e5 New York
Central, soH = Erie, 3294 2. do. preferred,
SAG. So; Hudson River 3s24 3914 Harlem,
l3 a 4; do. preferred, 3lH = ). Reading,
35A "a; Michigan Central, 4994 so; Mi
chigan Southern and Northern Indiana, l9s. a
20 do. guaranteed, 4l1s 2s; Panama, ll224 a
ll3; Illinois Central, 625s a 63: Galena and
Chicago, Ce1% 2. Cleveland and Toledo, SO a -
Chicago and Rock Island 62H "a; Chica'
go, Burlington and Quincy, 571I a 80.
Milwaukee and Prairie du Chen, 1917 a 20.
The business of the Sub Treasury was as follows
| to-day