The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-06-01

FINANCIAL AND CONNER GAL.
SATURDAY, May 3l--6 p. M.

DAiCnpAi, way oh--V = ~
The news from Corinth has caused buoyant
feeling in all circles to-day. Money has been
easier than ever; it is freely offered to established
houses at per cent Certificates of public in
debtedness are worth 4 "A premium. Ex-
change closed steady at 1l4H "a for sterling,
and 4.95 1929 for francs. Gold was lower this
morning, selling freely at l031s.
Stocks were very buoyant to-day, rs might have
been expected on the news from General Haleck.
Government skies advanced "a per cent, and for
the 1850 notes 5s4 premium was bid. Pacific Mail
jumped up to lie this morning, then fell to ll514,
and finally closed 1l51 :, bid. At the morning board
Toledo rose /, Rock Island'l, Galena "a Illinois
Central .lN, michigan Central a. Hudson River
q, Erie preferred I, Erie old "a, Central a.
The bears have been heavy sellers, it seems on
the Indiana bond affair, which has ceased to affect
the market one way or the other, and prices are
moving under the combined influence Of increased
ease in money and good news from the
army. Between the boards the market
was strong. At the second board prices were
well sustained and the shares Of the New York
and the Western roads were all "a "a per cent
higher. The market closed strong, the following
being the last quotations:-United States G's 1881
registered, l02 1921, cx dividend; do. 6's, cou-
pom, 1881, 1861 q 1855; United States Treasury
notes, Z $40 1857 1861; Tennessee 6's, 5s5s;
Missouri 6's, 5l2.; American gold, 1887 1887;
Pacific Mail, ll514 "a; New York Central, ss11I
"a; Erie, 3714 4; do. preferred 637S ca; Hud.
son River, "A "a; Harlem, IA II; do preferred,
35L So; Reading, 491I so; Michigan Central,
6254 So; Michigan Southern and Northern fndi.
ana, 2514 a 251,; do. guaranteed, SIX a 571..;;
Panama, l31 1922; Illinois Central, 62ss 6254;
Galena and Chicago, 6s14 6s1l; Cleveland and
Toledo, 4a111 a ~; Chicago and Rock Island,
e211s 6294; Chicago, Burlington and Quincy, 72H
. 1917; Milwaukee and Prairie du Chen, % 2s1s.
The business Of the sub-Trcasury was as follows
to-day
Total receipts. Se3e, $40 So
For customs ...>.......... l4j 1854 90
Payments. ........................ Iog,sI1 ~
Balance .....le, 1888 oo4 81
The City Of Baltimore takes out e427409 and
the Borussia $4,000 and the Great Eastern
Sos ,0oo-making ssl5 $50 in oil. The Northern
Light brings only $225, 900.
The exchanges at the Bank Clearing House this
morning were $40, s21 ,943 95, and the balances
s772 500 o.. The exchanges for the week ending
to-day were sl3e, 1893 1873 so, being daily average
Of $22 sl5 sea &C. against $s3, s04 T60 So for the
week ending on Saturday last.
The Howard Insurance Company has declared
dividend Of eight per cent, payable June 0.
Coleman's San Francisco circular, per Northern
Light, says
Our remttancss 70 the Atlantic side for the last few
months havo consisted largely OF con and the demand
for interior since the OF active mining
operations has been great that the supply hand
a. present be the usual quantity but large amount
Of bullion Is in the Mint, and the stock Of will
DO amply replsnished in fow days. Arrivals OF
from the interior since 8Oth ult. have averaged
about 800 900 per day. Tie supply Of bullion Offering
not large, but tho demand Is worry light and prcts
greatly depressed Sales Of gold bars have beon made
low a. 40 since last steamer and the highest report
ed to US to-day Vas at 100 There has Sbeen demand
for China for some days aud observe that the latest
sdyces from that quarter less favorable TO this form
OF rem Silver bars rule at az per cent discount
exchange on the Atlantic cities has undergone vai.
aton snce our review Bankers checks for currency
sell al por premium, for coin at per cent.
sterling at 4sd Nothing Of Importance doing Mexican
dollars are in favor for the China trade just
than for some months past. Bat few have gone in that
direction of late and last dates they were IN demand
Tor remittance 10 India NJ per cent premium.
Holders IN this market are asking per cent premium