The New York herald., 1862-05-31
FINANCIAL AND COMMERCIAL.
FRrDAY, May so-s P. M.

day for all kinds of Treasury notes and certificates
of Indebtedness. The latter are wanted at parto
* premium; the 7.30 notes at los 1861 Money
is increasing steadily at this point and, whether
covernnent issues more currency, as is expected,
or noe there will still be more capital seeking en-
pigment here than can be used, and consequently
"a active and permanent demand for every secu-
rity which promises to yield income in the shape Of
interest or dividends.
Foreign exchange was dull to-day. Bankers ask
ll4a for sterling and 4.921 9324 for francs, but
importers are as yet unwilling to give these rates
The news from New Orleans, published in this
mornings HERALD, encourages the hope that cot
ton will come forward in small quantities by and
by and furnish our market with some bills.
Strange to say, there were no sales of gold this
morning at the board the recent advance has led
many of the sellers to close up their accounts.
The price was l03I u.
The stock market was dull ct the opening this
morning, but revived on the news of the occupa-
tion of Corinth by the Union troops. At the first
board prices were hardly SO good as last evening;
but between the boards there was quite rally,
and Central rose u, Pacific Mail ~ and other
stocks in proportion. An active demand for go
vernments causes them to appreciate steadily; the
skies of 1881 are working their way back to the
points touched a month ago. Confidence, which
was checked first by the suspense about the move
ments Of the Union armies, and afterwards by the
fear of heavy losses arising from the Indiana bond
affair, appears to be reyiving, and, as was noticed
before, the first of the new investments are in
governments As as they have risen or
two per cent-especialy if the news from the war
continues good--it may be expected that specula-
ton will again be directed to Pacific Mail and the
New York and Western roads. At the second
board to-day everything was higher and closed
firm. The skies Of 1851 advanced to-day one per
cent, Tennessees Missouris "A, Pacific Mail
1L, Central Il. Erie ss, Erie preferred "a,
Michigan Central "a, guaranteed n, Panama l,
Illinois Central "a, Galena q, Toledo Is, Rock
Island a. Chicago, Burlington and Quincy !
per cent The short interest is quite large, and,
it seems pretty well established aopresent that
the Indiana affair is not going to bring any more
stocks into the market for sale, favorable intelli
gence from the seat Of war causes prices to move
upward rapidly. The following were the closing
quotations of the day:-Unted States 6's, regis
tered, 1881 l041 los; do. 6's coupon, 1881, los
los; do. SIS, do. 1874, "a 9l1a Tennessee 6s, 5s
50; Virginia 6's, Sc q 81; North Carolina 6's, II
a 73; Missouri 6's, sly 5lH; Pacific Mail, ll3A
ia; New York Central, 81 aSe71ss; Erie, 361s
36H; do. preferred, 62s4 e3; Hudson River, 4314
431aa; Harlem. 1877 1871; do. preferred, 341s a
IS; Reading, Az. 49s54; Michigan Central, co.,
60%; Michigan Southern and Northern Indiana,
23T "a; do guaranteed, IS 5511a; Panama, l3l
1921; Illinois Central, 601a CO.'S; Galena and
Chicago, 67 q 6S; Cleveland and Toledo, 42sx
t2s4; Chicago and Rock Island. 81 6l1s; Chica-
go, Burlington and Quincy, Y q 73; Milwaukee
and Prairie du Chen, q q 2714; Cleveland, Colum-
bus and Cincinnati, ll61 a III; New York Gen.
trail rs, 1876 los a. Erie third mortgage bonds 81
81; Michigan Central SIS, first mortgage, los a
los; Illinois Central bonds, rs, 931I "a; gold,
1885 1887.
After the second board the market was again
higher and there appeared to be general demand
for stocks. The closing quotations at halfpast
four P. NJ were as Acknowledgement skies,
los u; 7-3o notes, 1865 4; gold, lO35s q;
Missouris, 5lH a; Pacific Mail, ia a.; Erie,
361l "a; preferred, 63 1s; Illinois Central eOs4
q q; Michigan Central, 6lH a ~ Galena, 67A .
q; Toledo, AK a 43; New York Central, s7A
AZ.
Phe Sub Treasurer received from Washington
to-day million Of dollars in small notes. The
business of the Sub-Treasury was as follows
Receipts s............. ........... l,4s9,993 90
--customs s................... ........ 900 90
Balance ............ 5,4S4 052 So
The exchanges at the Bank Clearing House this
morning were $l9,5s0 ,l65 20, and the balances
sl,l24,944 Is.
1t is understood that New York will pay the
$500 900 due June next Monday in gold; and
on the lst of July $500 900, and all State into
rest on its direct debt, also in gold. This will
disburse about two and a quarter millions in five
weeks on State account.
The statements of the banks Of the three princ-
pal cities of the Union for the last week compare
with the previous one and the corresponding time
of 1861 as follows:-
York Nav ,,.i ns $50 10 =! Dige % g. 80 sssss rs 80 a
P6is i Nay sS sssss ssSsss sSs S5SSis sssoss SssS
Total s2ss 7ssoa7 $40 gas 14,s5o4s7 isasaas7
Lss Last SO 1855 iss 8 esss sss sss asS
The following is a comparative statement of the
imports Of foreign dry goods at the port Of New
York for the week ending May 20 and since Janu-
ary Il
For the psek. 1850. 1851. 1882
Ts::rs a 4 N: g: 'a5a: 8:
Since jan 1.
Fs1s1ss S1sTS oa sas ssI' sss
stock Exchange.
$4,000 US ss, ,'si reg 1ol 300 shs ny RR bnw So.
10000 Us 6s, 81 cou lU91s o4o Erle hlt.'.... Jo7s
10000 do. 1O4H $50 Erie XXX prsierrsd 62
400oUsss'siorwl,sy 10lK so do......b3o 81
1000 Try T3i0pcn 1o4x 100 do.....,... Mh
5000 do. ........ 104x 100 DO. e1k
5000 Ohio 6's, co.. 102 100 Hudsoa Riv RR-.. 40
5000 III loan... 90 $50 do......... (3A
1000 Ind 6's, war In cox 200 Harlem RR -. 13h
1000 Mich W bds.. oS l40 Harlem RR pref. 33x
500 Mich7's war I'm 104 200 do.... S3I
1900 Virginia 6s... 56k 100 do....:.... "a
5000 Missouri Cs... 81 90 Mich Central Rk 81
COCO do........ 50% 100 do......... 59I
5000 California u.s.. s5k $50 do......... 69S
5000 Minn pc bds. 81 200 do..... bio 59k
1000 Rrocki ncitywl 104 90 do......... 69h
5000 NY Central6s 100 Is Mich N Ii RR 23a
1900 Ny Central rs 106 10 do......... 237s