The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-07-02

y
exports Exclusive of specie) from New York to
foreign ports for the week ending July and since
January L.
gor The week. 81 sss,sss s,2sS ,sis a2o4,7i2
Previously reported 4.744,'sl ss $50 5s9 So s2s
since January l. .s4s Gas .a2o se,7s2,los e2isssss
This is a satisfactory exhibit. though not as
large as might have been expected considering the
current rate OF exchange. Money can he made
In shipping almost any kind of produce to Europe
at the present time, the rate Of exchange is so
high. 1t makes great difference TO be able TO
sell ones bills at 100 instead Of los l09.
The money market has not begun TO relax yet.
and six per cent on call is asked by leading lend
sss. The true rate 10 8 6, which IL also the quo
tation for first class mere antile paper. Certificates
Of Indebtedness. par; green back Treasury notes,
1o4H u. In the course Of y day or two the rate
OF interest will probably decline.
Foreign exchange opened this morning strong
at the quotation current last evening, bat soon fell
on In the absence Of any demand for bills. The
first price III, then 1907. then 100, then lz0H,
and ct the close Of business hours about 1907 tor
bankers bills. Gold opened At 1927, TELL to
1854. rallied to 1895. and closed l0s bid. The
Scotia and City Of Baltimore brought some bonds
ZOE a3e lot AmdEtcan aCcoVnb, put III inoss Cosos
the exchange was limited to lis, ana the bonds
could not be sold. As we mentioned the other
day, the advance in gold aud bills Is going to put
an end to the Importation OF American stocks from
Europe by rendering it Improbable. The China \
tomorrow viii not take Gus any considerable sum
In specie.
The stock market opened with more 6rmness
this morning, the public having generally recovered
from the alarm which prevailed yesterday, and
being inclined to view General McClelan's move
ment as most brilliant and successful strategical
maneuvre rather than q retreat or check The
Eixes Of 1881 sold coupon of, ut 1929 All advance
of 4 Bince yesterday-and the general list was
higher. Michigan Central rose ~; Southern old.
u; Illinois, q; Cleveland and Pittsburg, "a; Gale
M, ~ Toledo, "a; Rock Island, q; Hudson, q;
Erie. "a; preferred "A; Central, a; Pacific Mail a.
New York Central il the most active stock on
the list; its earnings are reported to be con-
siderably In excess Of any previous earnings At
this season on the road. Cleveland and Pitts
burg seems TO be working its way up
In spite Of ell opposition; il Is only kept iii
tho hands Of receiver. we presume, in order tina,
the few remaining floating creditors may be shown
that it is their interest to come into the plan Of
organization. Railway bonds continue active.
The Chicago and Northwestern seconds were -
better this morning, and the sssented bonds per
cent better. The Pit;sburg, Fort Wayne aud
Chicago frsts sold at 921I, interest of-an advance
Of Il per cent. Between the boards the market
was better. Central rose to 927s. At the second
board the whole market was firm and rather
higher. Central sold at 50. There were some heavy
Gales Of Erie bonds to-day, presumably for English
account; but the amount Of foreign securities real
Eed was, on the whole, much less than was ex-
pccted considering that two mails arrived between
last evening and shis morning. The market closed
firm. tbs following being the last quotations =
United States SIS registered, 1881, 1929 II;
United States SIS, coupon, 1881, 1927 l03, in
terest United States SIS, 1874, 921s 931f, ex in
terest; Treasury notes. $40 per cent, 1861 n;
Tennessee 6's. 57H So; Virginia SIS, Sc q 81:
Missouri 6's, 60X SIX; American gold 100 . e:
Pacific Mail, ll6 Il; New York Central, SO Il;
Erie. 36s4 u; do. preferred, 64H ~ Hudson
River, Az a; Harlem. l714 "a: do. preferred
2sA; Reading, 69.. u; Michigan Central,
62Z . 63; Michigan Southern and Northern Indi-
ana. ~ . Il; do. guaranteed, 6oh . u; Panama,
1856 . II; Illinois Central, 6lh Il; Galena and
Chicago, 7l1s . q; Cleveland and Toledo, 4s1.
. II Chicago and Rock Island, 66A . "a;
Milwaukee and Prairie do Chen. 341+ 4; Erie
third mortgage, 81 u; Michigan Central SIS, first
mortgage, 1917; Illinois Central re. 95 . So.
The business Of the Sab Treasury to-day was Is
follows:-
Receipts 1855 ,o5a 10
--For customs OBSERVATION-DISCLOSURES. iO4Uuo w
Payments .............. ...........- z'.ooiio. o.
Balance II .s5i Sal 10
The American Fire Insurance Company has de-
elared an interest dividend Of seven per cent TO
a. al.