The New York herald., 1864-06-30


Reading Railroad. las 1891
Toledo ana wabash. oS
The following we're the quotations to-day for govern
meat securities:-
Fivc.twonty coupon bonds, interest ..l04
Five twenty registered bonos. l03k
Seven snd three tenhs Treasury notes
Registered 6's Of 1851, interest or l03%
Coupon 6's OF 15SI interest
One year curreacy certificates aies,-.............. 93S
state stocks were quoted follows:-
Missouri 6s.......... 67G North Carolina 6's... 81
Tennessee 6s....... 571a California 7s........ 1s0
Indiana 5's........... S6l. Ohio 6 S, 1881 ...lOS
Virginia 6's.......... SO
The money market is unsettled and Inclined TO strn-
gency the rate Of interest ruling per and
upward.
Gold opened to- day ut 24o, and was run up nominaly
TO 25o; but the buying aod selling price was 23S.
Sterling exchange is dull owing the high price Of
gold, the currency rate being about 270
The steamship Scotia, for Liverpool to-day took out
$4lT,947.
The evidence OF Secretary Chases utter iucapacity TO
fulfil she duties OF his Office, and to administer the
financial requirements Of the In times like the
present, exhibited every day Wall street. and Is ap-
parent IN the movements in all the monetary circles
the country. lie has biundered through over
three years OF service, and BY his bad mismapage-
ment has brought the financial credit Of the nation
70 the deplorable condition in which find It. His
Gold bill. called, than failure, the proof OF
which has been in the rapid rise Of the premium
coin since its passage by Congress ninety ave to
one hundred aud nifty cent; his five per
bearing legal tenders OF which now aoa about
one hundred and seventy millions acknowledged as
miserable device raise money, and neither the banks
the public would them except collateral
curity for other public ndepteduess his Of
bonds, corresponding with those redeemable in 1881
had tendency TO destroy the confidence which the
people had In those which were already in exist
ence, aud TO cause all 10 their market
value from ll4 TO l0 With corresponding depreciation
In the value OF all other government securities The
Loan bill authorizes the Secretary duplicate tie
seven and hreeenths notes the amount OF two hun
dred millions. These have been brought down
from lis to 0o by the recent financial Of Mr.
Chase and Notwithstanding the interest them
paid coin unless something s done 70 establish the
confidence Of the people they win sink par before
half OF the proposed has taken Before
confidence can be restored aud she credit
placed beyond suspicion there must - reuucsOn
In ..v svaumc On currency, and that must be
done entirely different manner from that
which has been adopted by the Secretary Of the
Treasury perfect fallacy that the with
drawa OF two hundred millions q i've per cent legal
tenders and the immediate issue Of q like Il
three per compounded Treasury
viii reduce the paper circulation the ourtailment
be performed plain, straightforward msnner-that is
by retiring the paper and furnishing substute-becre
hope for any Improvement in monetary affairs II
Nj. Chsse viii do this he will be able TO bid truce
subteriugcs, and he then sell his bonds for
thing tho that the vast resources
and wealth q the country have placed upon them.
IL appears that Mr.. Chase made another blrn-
der in the Internal Revenue act which passed by
Congress nearly the shape that be DESIRED and is
already before the President for signature. He finds
,aa sill ho lttaly
duce will fall hundred millions short OF his calcula.
tioDs he Is forced Congress increase the
sufficiently produce that additional amount
financial troubles accumulated with alarming rapi
dy under the administration OF Mr. Chase, and uness
Congress does something stay the downward progress
OF the public credit will find ourselves, before many
months have elapsed condition almost unfortunate
as that into which confederacy has been forced
Tho Assistant Treasurer reports as follows-
Amount on hand. ..S2l, 6sl ,06s
Receipts rom customs ms....-..-............ 2l9,ooo
From other sources. y6S,loJ
Total So, ,sss ,23'
faymeub ,Zs4 u@S
Balance SO 500 ,2l4
Subscriptions 20 0 per cent 1881 bonds ..... 5000
1t will be seen by the above the amount In the
hands Of the Assistant Treasurer Ia reduced 70 about
fifteen and half millions This Is an evidence OF the
pressing necessities Of the government.
The earnings Of the ilxaukee and Prairie du Chen
Railroad duriog the third week 10 June compare with
tbe receipts sht same sime last year follows
Is64............ sGs 1863. ............s2 s2o sss
Increase ti,D por cent BOIL
Tue receipts " the Marietta and Cincinnati Railroad
the third week In june 1865 and 1864, follows
1883. 1854.
Passengers. 1852 10 ,267
yreighl ............................ 4,sj4 Ss74
Mails, &c. c........-................ SIS 1,lg0
Total l............................f sos 1881
.tl0,3Z3
Stock Excnnnge.
"WEDNESDAY June 19-10:3o A. "