The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1862-05-09
FINANCIAL AND CONNER CiAL.
THURSDAY, May SEP. m.

THURSDAY, May 6-6 +. M.
Money continues very abundant on call at from
4 . 8 per cent. At the former rate any house In
good standing can supply its wants without difi-
Guilty. Gold was frmer again to-day. rising to 1903,
at which figure some $250, 900 changed hands, and
closing firm at that price. The foreign exchanges
sympathized, Of course, and the leading bankers
asked ia for sterling and 4s7H for francs but we
do not hear Of many transactions at these rates.
Tho principal feature of tho day Is the deposit at
the Sub Treasury Of some $50 900 in legal tender
demand notes, Cor conversion into the twenty year
stock, redeemable at the pleasure Of the govern
ment after FIVE years.
The stock market was comparatively inactive
today, and lower on nearly oil the speculative
list. Governments were frmer The coupon 6's
Of 1881 advanced to 1925 at the first board,
with sales Of over 100000 at this price,
but fell back TO 102 at the afternoon
session. 7.30's rose to 1887 and one year certf-
Gates to s9,i. Tennessees fell to 5sH and Mis-.
souris to 521S, while North Carolnas rose to ~.
The decline in the railroad shares ranges from Il
Q per cent. Hudson River was, however, an
exception to the general movement, and, under o
well distributed demand, rose steadily to Al "a at
the second boasd closing in demand at that price.
On comparing to-days closing prices with those Of
Yesterday, we notice . decline Of "A per cent In
Pacific Mail, Of "a in New York Central, OF X in
Erie common and preferred, Of a In Michigan
Southern and Il in guaranteed, Of u in Reading.
OF x in Michigan Central, Of "a in Panama, Of u
in Illinois Central, Of = in Galena, Of n in Tole.
do, Of n in Rock Island. Bank shares and rail
road bonds were fairly active, at decline in some
descriptions and an advance in others.
The market closed dull at about the following
quotations:-United States Sc, registered, 1881.
loiA . "a; do. SIS, coupon, 1881, 1917 q 1o2:
do. SIS, 1874, % q 81; Tennessee IS, $50 q x;
virginia s's, IS so; North Carolina s's, n 70;
Missouri e's, 81 . x; Pacific Mail, ll714 q 4:
New York Central, $50 q "a; Erie, $50 X;
do. preferred, esq . c.; Hudson River, AZ q
~; Harlem, AK u; do. preferred, ae1s x;
Reading, 46I q Az; Michigan Central, seq 60;
Michigan Southern and Northern Indiana. 24ss q
Il; do. guaranteed, 49, q Y; Panama, l2s q n;
Illinois Central, 81 81; Galsna and Chicago,
7lL q x; Cleveland and Toledo, l6M x; Chi
cago and Rock Island, 6214 X; Chicago, Bur-
lington and Quincy, So q 50; Milwaukee and Prai.
re au Chen, 1917 q 20; Cleveland, Columbus and
Cincinnati, 1l3H ia; Illinois Central bonds,
soL %.
The business Of the day at the sub.Trsssury was
% follows
Receipts ;. neutrality-suspicious." A,leI ia %
For customs zs4Uv w
FAymepts. zaoo,oso "
Balance. W,oJF,zo -
The mail from Washington this morning brought
"a, 900 new United States notes, Of which
5000 900 are in zoos, $500 900 in 50's $4,000 in
eos, $37o, 900 in los, and 100000 in 6's.
AT the annual meeting Of the New York Bank
Note Company the following gentlemen were elect.
Cd trustees to serve for the ensuing year:-Mssms.
Tracy r. Edison, @. Toppan, 8. II. Carpenter, N.
| Wright, @. w. Hatch, d. J. Danforth, r. Draper
r. w. Edmonds and H. Perkins. The following
| officers were elected:-Tracy r. Edison, President
Edward J. Dsnforth, Vice President; Neziai
| Wright, Treasurer, and Francis w. Edmonds
| Secretary.
| Holders Of certificates issued by Mr.. John Fergn
son, calling for the second mortgage bonds Of fh
pittsburg, Fort Wayne and Chicago Railroad, m
der the plan Of reorganization. are requested Il
leave them Of the Office Of Messrs. winslow. LAME
| A Co. ON Tuesday next, the 18th, and in few
davs thereafter the bonds will be ready for de-,
very.
This morning man presented at the ofste {
Thompson & Brothers seven one hundred dolls
notes Of the Allegheny County Bank Of n'itisburs
which were at once pronounced count1rfeiis. III
party was detained and giyep Ia ciarge of detc