The New York herald., 1862-02-15

Large transactions took place at lis, and there
were sales at ll5H. A key to the recent advance
in bills may be found in the tables of foreign I'M
portations at this port. During the week which
ended last evening we imported from abroad very
nearly million dollars worth of dry goods (chieny
woollens and cottons) and over million dollars
worth were thrown on the market Under the new
tariff these goods should pay handsome revenue
to government. They will have to be paid for
in specie, and, as similar goods can be made here,
government may just as well divide profits on the
trade in them with the foreign manufacturers.
Gold rose to-day to 1045s q, with large trans
actions.
The extraordinary combination of good news
which was received to-day failed to produce the
effect which might have been expected on the
Stock Exchange. At the opening of business
operators had the fact of the passage Of the Trea
sury Note BILL with the legal tender clause at mid
day; the official intelligence Of the brilliant success
of the Burnside expedition received and, later
in the afternoon, we heard of the capture of
Springfield, and of Developments of loyal feengin
Tennessee. Yet the closing prices of the day, when
compared with those of yesterday, only show an
average advance of % "a per cent. Some of the
purely speculative shares-such as Toledo, Rock
Island and Michigan Central-rose per cent, pro-
badly because to their interests the successes and
reverses of our arms are alike Indifferent. But
dividend paying securities, like Pacific Mail, New
York Central, Panama and Burlington and Quincy,
only rose "a "a; United States securities were no
higher than yesterday, and, with the exception o.
Tennessees none of the State stocks fuctuated
This condition of the market, especially when
viewed in connection with the growing ease of
money and the steady appreciation of god is very
remarkable indeed, and leads to much COM
ment. Some people account for the absence
of life and outside business the Stock Exchange,
by saying that the bulk of the loose stock in Wall
street is now held by four or five leading houses,
which have always been identified with the bear
party, and whose leadership the public is therefore
very 10th to follow. By and by, when the govern
ment begins to pay out its paper and stocks are
not so notoriously held by spectators whose sin
certy as bulls is more than doubted, it seems to
be expected by the commission brokers that their
customers may re-enter the market. At present
the general talk among the commission houses is
that stocks are pretty high considering the times
and are not likely to advance much 30 long as
heavy blocks of stock are held by parties whose
general distrust of public securities has been no.
torious for years. The market closed firm, the
lOHoWiuB UclHS tHo ClOSiHS 4uo.dsOHs'-Omteu
States 6's, registered, 1881, 80 u; do. 6's,
coupon, 1851, s9T q; do. SIS, coupon, 1874,
79T 80; Indiana SIS, Is a 76; Virginia 6's, SO
a =; Tennessee 6's, 47h 4s; North Carolina
6's, 63 64; Missouri 6's, 435S a "a; Pacific Mail,
soA u; New York Central, sl74 5s; Erie.
34'4 a T; do. preferred, 5s2s a u; Hudson
River, 3s11 80; Harlem, 121l n; do. preferred,
3OH "A; Reading, AZ 1la; Michigan Central, sax
SO; Michigan Southern and Northern Indiana,
2l% "a; do. guaranteed, 421a "a; Panama, lis
a; Illinois Central, 57a4 5s; Galena and Chi
cago, 67H 6s; Cleveland and Toledo, AN a "a;
Chicago and Rock Island, 64zs a IS; Chicago, Bur-
lington and Quincy, 6lT 81; Milwaukee and
Prairie du Chen, 20 2l Cleveland Columbus and
Cincinnati, l07H a; New York Central rs of
1876, 1861 -; Erie third mortgage bonds, Sc
81; Michigan Central s's. first mortgage, 9994
100; Illinois Central bonds, rs, 92A
The business of the Sub Treasury was as follows
I'D