The New York herald., 1862-04-04
FINANCIAL AND CONNER ClAL.
THURSDAY, April 3-6 P. M.

L
In the absence of news from the armies mac
tivity continues to be the feature of the market.
There has been q dearth of rumors for some time
past, the public credulity having seemingly been
| exhausted.
| Money is quiet, without change Of quotations.
| Brokers are paying per cent for call loans.
Mercantile paper sells at per cent for the best
names, with few exceptions at s. The Sub
Treasury received about quarter of million to-
day on deposit at S per cent, swelling the aggre-
gate fund to about sl6,000,000. Treasury notes
bearing $40 per cent interest selling at 99s4
q a. Certii Gates of indebtedness are rather
heavier; they are offered at s61s, and 96 is bid.
None ofthe new Treasury notes have yet made
their appearance in the street. which is the more
singular as some of them were sent to Washington
last Friday, and nothing remained to be done with
them but to cut and stamp them. The National
and the American Bank Note companies are send
ing large amounts daily. We ought to begin to
receive some tomorrow or next day. They will
ease the money market considerably.
Foreign exchange is inactive. We hear of sales
Of sterling at 1l2H and francs are quoted at 500
sos. The spectators made an onslaught upon
gold this morning and knocked it down to 1919;
it closed l0l "a bid. A sharp contest between the
street spectators and the bankers is going on in
the precious metal. In the long the latter will
probably be successful; it is hardly possible ,that
the country be flooded with paper without
some slight appreciation Of gold.
Stocks continue very dull and inactive. The
feature of the day is decline in the border State
stocks, which have been far too high, and are now
falling to their proper level. Missours declined
to-day per cent and the other border State stocks
were likewise lower. Railway shares are scarce,
are not pressed for SALE and consequently fuctuate
less The financial condition and receipts of the
Central, Erie Toledo, Michigan Southern and some
other roads encourage holders to keep their stock
out of the market, as good news can hardly fail
to revive the public inquiry for these securities.
The bonds and stocks of the Michigan South
ern were favorably affected by the pub
ication Of the report, which is very
generally discussed. Great credit is due
to Mcssrs. Gilbert Keen and their associates for
having extricated this property out of its embar-
| rassments. Governments continue dull. The fol-
lowing were the closing quotations of the day
United States 6's registered, 1881, e2ss q; do
SIS, coupon, 1851 925s q; do SIS, 1874, s61a
81; Indiana 5's, 76 7sA; Tennessee 6's, 591
| 81; Virginia SIS, Sc a 571a; North Carolina 6's,
| Ga "a; Missouri 6's, 497s so; Pacific Mail,
| 9726 a "a; New York Central, s2% q Erie
36Is 81; do. preferred, 81 "a; Hudson River,
3s a; Harlem, l21a q; do. preferred, 3OH
3l1a; Reading, AZ a n; Michigan Central, 551s
| a; Michigan Southern and Northern Indiana
2294 %; do. guaranteed, 45;4 46114; Panama,
ll9 100; Illinois Central, els a "a; Galena and
Chicago, 81 "a; Cleveland and Toledo, 455. a
| a; Chicago and Rock Island, 5514 5514; Chica-
go, Burlington and Quincy, 6l% a 6l1.; Mil
waukee and Prairie du Chen, 25 "a; gold. l0l q
| l02.
The business OF the Sub Treasury was as follows
to-day
Receipts. ~ 002 ,61s rs
Payments s63s SOL q
BALANCE ZO'O,SoS 70
The exchanges at the Bank Clearing House this
morning were s2l l,577,97l 46, and the balances
81, ,463, ,l2S 43.
The Firemen's Insurance Company has declared
a semi-annual dividend Of six per cent, payable on
demand; the Eagle Fire Company, semi-annual
dividend Of ten per cent, payable on demand.
At a meeting of the freight agents, held in Gin
cinnat on Monday, the following schedule of rates
from Cincinnati was adopted, to take effect Oh the
lst iIst.:-