The New York herald., 1862-03-30
.D, SUNDAY, MARCH 80, 1862.
FINANCIAL AND COMMERCIAL,
SATURDAY, March 2s-6 p. Il.

SATURDAY, March 29-6 p, n.
There is nothing new in the money market:
rates are per cent. Foreign exchange closes
with more frmness, bankers refusing to sell even
at ll2. Gold is also frmer.
The stock market continues paralyzed, in conse-
quence of the prevailing belief that there is news,
and that the public do not get it. All kinds OF
rumors obtain currency among the spectators; the
public hold aloof, and seem determined to await
the progress Of events. At the morning board
to-day Central declined "a, Erie Is, Michigan
Southern q, Illinois Central u, Toledo e, and
Reck Island 1S. After the board there was no
change. At the second board the mornings
decline brought in new purchasers, whose
orders caused general Improvement OF
H az. Governments, however, continued to
declines the banks are supposed to be free sellers.
The market closed steady, the following being the
last quotations limited States 6's, registered,
1881. ss1l a II; do. 6's, coupon, 1881, 931a "a;
do. SIS, 1874, 81 a II; Indiana 6's, 7s 70;
Tennessee SIS, 56T 571S; Virginia 6's, 81
SO; North Carolina SIS, 671a 80; Mssour6 6's, 5lH
"a; Pacific Mail, 9714 "a; New York Central,
s21l ass Erie, 3694 T; do. preferred 60A
1s; Hudson River, S51a Is; Harlem, l211 Is;
do. preferred, 305s a q; Reading, AK 421;
Michigan Central, 55H "a; Michigan Southern
and Northern Indiana, 221s 231s; do guaran-
teed, 46 a "a; Panama, ex dividend, llS1a III;
Illinois Central, 63H a "a; Galena and Chicago,
67Ha a; Cleveland and Toledo, 45ss a; Chicago
and Rock Island, 55H "a; Chicago, Burlington
and Quincy, 81 "a; Milwaukee and Prairie du
Chen, 241l as25; Cleveland, Columbus and Gin
cinnat, ll2 a "a; New York Central rs, 1876,
lOl -; Erie third mortgage bonds, 90 93;
Michigan Central s's, first mortgage, 1921 a l03;
Illinois Central bonds, re, 94I a 95; American
gold, 1927 az.
The business Of the Sub-Treasury was as fol-
lows to-day
Receipts sess ,377 81
paTmsn.. t1G Sust0ms seS oSe 90
paymen's'' eoS,ioS =!
Balance. ............'.......... 4,44O'10l VI
The Glasgow to-day takes out s275 900, the
Hansa $2o7, 400, and the Karnak, for Havana
$52,O75-in all $534075. sa.
The National Bank has declared dividend Of
three per cent payable April TO- The Panama
Railroad Company has declared quarterly divi-
dend Of three per cent, payable April 8. The
earnings of the road in January and February
were:-January, sll9,357; February, $l2l ,ls4. To-
tai, $240,641.
The exchanges at the Bank Clearing House this
morning were sl7,2e2, 1872 So, and the balances
81 ,O67,ll2 1s. The exchanges for the week end
ing to-day were $l06, ,77s ,432 OF, being . daily
average Of SIT s2s 905 IS, against SIS, ,229Ss6 "a
for the week ending on Saturday last.
Doubts have been expressed very frequently Of
late whether government stocks are taxable as
personal property. We quote section two Of the
Loan bill Of February H, 1862 which seems to be
explicit upon the points,
And all stocks bonds other secursies Of the United
within the United States shall be exempt from taxation
by or under State authority.
: The earnings Of the Michigan Central Railroad
for the third week in March were:-
1852 $S7 945
The earnings Of the Chicago and Rock Island
Railroad for the third week in March were:-
!sS2 .....''...''.'......'. $l5 54S9
The statements of the banks of the three prnci.
pal cities Of the Union for the last week compare
with the previous one and the corresponding time
Of 1861 as follows:-
III; n: E ;;I I ; ': E;Ei' ;|
Es:i s:i y:s4 ST %S.ss5 ss is fss5sSi S @ ssls
The receipts of grain at Chicago are very light
at present The deliveries on the Gath instant
were:-
Flour, Wheat, Corn, Oats, Rye, Bar,
ttis balsh. BUSH lush. bush bush.
G. &c. U. RR. 800 1896 SO 1S1 95l
Rock Island RR 45o 700 700 -
Illinois Cen. RR.. 70 700 -
C.. B. b @ RR.. 200 Coo 1906 1878 sls sl1
{. g. n. wi 500 Gal 1863 -
Az st.Louis RR. 100 1900 SEQ -
Total. $40 4465 $3.50 ,313 ,So5 ,3Gs
This explains the falling off in the receipts of the
roads running westward from Chicago. When
navigation opens they will again pour in grain
At present the freight on grain by rail from
Chicago induces the farmers to hold back their
produce.
Stock Exchange.
SATURDAY, March 20, 1862
$4,000 y e's, s1,reg 93A 200 shs NYCen 500 s2s