The New York herald., 1862-05-17

Total ten months 49,, ,SS O72 $26
The money market continues very easy-call
loans 8 per cent; certificates Of public indebt-
edness 9sT 100. There is no paper in market.
Exchange on Europe was quoted at 1872 ia
to-day, the true rate being about 1872. There
was not heavy business done for the mail. Gold
opened dull, but closed pretty firm at l03 bid.
Stocks opened wi th some weakness this morn
ing, which was variously explained. Some ope-
rators were uneasy about General Haleck, others
were alarmed with regard to the fate Of General
Banks, while others were apprehensive that Gene
raj Hunters proclamation might create some aDgry
feeling toward the Union in South Carolina and
Georgia. Whatever the cause was, governments and
railway shares fell oil q fraction at the opening
this morning, and the bears began once more to
entertain hopes. In the present condition Of the
market, however, tho least decline brings in fresh
purchasers. AT midday-as soon as II was known
that prices were lower--the commission brokers
we're supplied with batch Of fresh ORDERS and at
the second board the market was quite strong
again. The most buoyant stock Of the day was
Pacific Mail, which advanced per cent, closing
ll41S bid. Friends of the property look to see it
sell at 125 within few days, as IL is the only 20
per cent dividend paying stock on the list. The
Western shares were steady without much change.
The most popular stocks Of the day continue to
be Illinois Central, Eric, Toledo Rock Island and
Galena. At the close the market was very firm,
the following being the last quotations:--Unit
States 6's registered, 1881, l04 lOl1<; do.
6s, coupon, 1881, lol14 1925; do. 5s, do, 1874,
9iI. IS; Tennessee C's, 5sss 5s54; Virginia 6's,
5711s so; North Carolina 6's, 721l 1871; Missouri
6's, 521% a 52l4; Pacific Mail, ll41s Hay;
New York Central, so1< a s9H; Erie, 30%
a s9a4; do. preferred, 6634 . 81; Hudson River,
AZ a 43; Harlem, IA q IA; do. preferred, 34s4 a
IS; Reading, 4s 49H; Michigan Central, coz
6I; Michigan Southern and Northern Indiana,
25% q 25T; do. guaranteed, 54sS a 54al;
Panama, 129 a 1921; Illinois Central, 621I e2%;
Galena and Chicago, ~ q ~; Cleveland and
Toledo, 4e1S 4Ga Chicago and Rock Island, e5H
65A; Chicago, Burlington and Quincy, 70 i 70;
Milwaukee and Prairie du Chen, 80 q 3O1.; Cleye.
land, Columbus and Cincinnati 1l6 O III; New York
Central u.s. 1876, 1867; Erie third mortgage bonds,
--a97; Michigan Central SIS, first mortgage, 1857
i06; Illinois Central bonds, rs, 921 %; gold,
1903 q 103T
The annual meeting OF the shareholders OF the
Dank of Commerce in New York was held on the
18th instant in conformity with law and the
printed report Of proceedings now lies before us.
" Is IN many rcspects remarkaDle document.
Tho Bank Of Commerce Is the largest bank in this
country, and it has ever been the foremost among
oil our banks in supporting the public credit. The
year Of which this report contains the record was
undoubtedly the most remarkable in its history
At one time the bank was known to have so large
an amount Of public securities on hand, and the
public thought little Of them, that its stock fell
to rs per cent, and the management Of Mr. Henry
+. Vail, who has been the ruling spirit in the
bank, as in the Bank Association, was warmly cri-
tcised. Now the stock is worth nearly par, and
the following statement shows how much money il