The New York herald., 1862-04-10

is becoming the exception again. We hear
Of very choice paper selling at s per cent
and good names at 6. The signs point to q relaxa.
ton in the money market and decline in the
rate of interest. These events are pretty certain
to occur when government has set aAoat the
ninety million of new Treasury notes Foreign
exchange closed steady at 1l2s< 113 for bankers
bills.
Contrary to public expectation, there was no
great buoyancy in the stock market this morning.
Governments improved, touching "a; but the gene
raj list was not higher than yesterday afternoon.
This anomaly was causedj partly by the ham,
| mering of the bears, who were industr
Gus in circulating stories of disasters to Buell.
to Burnside, to the New Orleans expeditions
and partly to the sales of cash stock by par
ties who have been operating for the rise, and
3hought this would be good day to realize As q
general thing, General Halleck's report that the
battle at Pittsburg victory was not credited,
especially in circles whose loyalty is not enthusias
tic. The advance in governments rather disgusted
the spectators who made haste to sell them last
evening on the strength OF the Norfolk despatch. 1t
is evident that, whatever they may be as citizens,
they are not smart stock jobbers Pacific Mail rose
per cent this morning, Illinois Central Il, and
gan Central "a, and other descriptions were
without change After the board the market
was dull and weak. Cdnords of the most
prodigious character were freely circulated,
and everybody seemed to be trying to frghten
his neighbor. It would appear from the activity
with which idle reports of disaster were dissemi-
mated that the short interest made during the
period of dulness preceding the movement OH
distributed than has been supposed. At the after.
noon board there was very little business done,
holders and buyers both seeming determined to
wait for further news before operating. In
the absence Of business the bears effected
q few sales at a decline Of about "a from
the prices Of the morning. The market
closed dull, the following being the last
quotations:-U United States C's, registered 1881,
s9A a q; do. 6's, coupon, 1881, 9324 a; do.
SIS, 1874, s6Ts s71I; Tennessee 6's, 56% q;
Virginia 6's, 81 a 5s; North Carolina 6's, 66%
81; Missouri 6's, 501I a; Pacific Mail, 1907
q; New York Central, SO a e; Erie, 81 q
q; do. preferred 81 a X Hudson River, 36%
o, q; Harlem, IL Il; do. preferred, 3l14 "a;
Reading, 42H 4Sh Michigan Central, 551sa
"a; Michigan Southern and Northern Indiana,
20 1S; do. guaranteed, 4e1S q Az; Panama,
12l o "A; Illinois Central, 62 "a Calena and
Chicago, 6s =; Cleveland and Toledo 45s.
%; Chicago and Rock Island, 55s. a "a; Chica-
go, Burlington and Quincy, so a 4; Milwaukee
and Prairie du Chen, 27I a; Erie third mort
gage bonds, 90 4; Michigan Central s's, first
mortgage, 90 "a; Illinois Central bonds, rs, so
q "a: gold, 1917 u. After the second board the
usual session was held in the outside room, and
o small business was done, without change of
prices.
We learn by telegraph from Washington that the
Treasury Department has wisely awarded the
printing Of the new six per cent bonds to the Ma.
tional and American Bank Note companies in this
CITY, They are the only parties in the country
capable of performing the work with skill, prompt
tude and the care required in so delicate Job
We have no reason TO believe that there Is any
truth in the rumors of an issue of five per cents by
government, or that Mr.. Chase contempates 80.
plying to Congress TO extend the length oil The new
six per cent bonds.
The business Of the Sub Treasury to-day was as
follows
For customs. l52OOO 90
Payments ,byS ~
Balsnce olol zo' 81
IL Isv t1a, ,u.p hoorI