There were several loans done during the month. The Secretary of the Treas A New ury renewed several millions of treasury notes at 5 per cent. The State of Virginia has issued proposals for a loan of $6,000,000 at 6 per cent. York City Water Stock loan for $228,900, at 6 per cent, was offered, and awarded at 2 per cent premium. The whole amount of bids was $1,338,200. A State 6 per cent loan of $1,200,000 was taken at 101.17 a 101.71. Messrs. E. WHITEHOUSE, MORRISON & SON have offered a new loan for $500,000 8 per cent land grant mortgage, redeemable 1878. This is for the Texas and New Orleans Railroad Company, and is secured by a mortgage upon 106 miles of railroad, that has cost $2,920,000, and also upon 768,000 acres of land. The coupons are secured by a separate trust of 76,800 acres of land, valued now at $600,000. The State of Texas donated sixteen sections of land per mile, and towns and individuals have increased the grant. The whole amount of construction bonds is $1,500,000. With the abundance of money, the shipments of specie continue on a liberal scale, comparatively as follows: GOLD RECEIVED FROM CALIFORNIA AND EXPORTED FROM NEW YORK WEEKLY, WITH THE AMOUNT OF SPECIE IN SUB-TREASURY, AND THE TOTAL IN THE CITY. -1859. -1860. Received. Mar. 8...... 10...... 938,130 Exported. Received. 17...... 870,578 24.... 208,955 31.... 1,032,314 1,843,059 152,000 Apr. 7... 576,107 115,473 8,237,909 30,139,089 429,260 8,099,409 31,271,247 465,115 8,122,672 81,408,876 706,006 8,026,492 81,447,251 310,088 7,562,885 30,162,017 630,010 7,714,000 31,640,982 241,503 7,531,483 30,764,897 1,723,352 1,680,743 1,455,337 1,774,767 7,668,723 30,848,532 2,169,197 2,355,117 1,926,491 1,382,753 E33,881 2,223,578 1,251,177 7,041,143 30,856,889 6,539,414 29,319,801 6,864,148 30,599,341 26.. June 2.. 9.. 15...... 22.... 1,938,669 5,126,643 1,519,703 1,317,773 6,982,660 30,414,433 1,719,138 6,621,100 31,196,557 1,542,466 6,620,622 30,406,203 1,669,263 1,385,652 2,526,478 6,426,755 30,537,000 1,620,731 1,417,757 6,326,894 29,677,815 29..... 2,041,237 1,861,163 1,541,580 1,962,776 6,253,357 28,717,607 July 9.... 1,398,885 1,166,773 5,187,468 27,939,162 14...... 1,736,861 2,495,127 1,514,884 1,283,135 5,404,367 28,156,061 ... Total..... 18,998,666 38,978,482 19,223,718 23,423,055 ....... The amounts were, latterly, not so large as for corresponding dates last year. The exports from Boston and New York compare as follows, January 1 to The rates of sterling bills were not such as to warrant so active operations on their face. They were as follows: 15.. The shipments caused some reduction in the amount held in the city, reducing it nearly two and-a-quarter millions from the close of May. Of the reduction a considerable portion was from the federal treasury. The arrival of specie from the interior to the seaboard was suficiently large to supply the shipments abroad. The exchanges last year presented the same effect. The operations of the mint and the assay-office have been small, most of the specie going abroad as it arrives. The assay-office returns were as follows: Tot. 58,200 132.800 91,100 75,500 4,202,000 15,350 55,050 2,334,000 3,296,000 '59 51,000 66,000 250,580 45,500 2,060,000 11,900 29,620 2,024,000 805,600 The mint at Philadelphia shows a much diminished action, as follows :— January. $200,000 $41,000 $1,024,563 $41,000 $24,000 $1,090,568 Total, 1860. $2,630,665 $345,716 Total, 1859. The accumulation of money at the different reservoirs, preparatory to the July dividends, caused some increase in the value of money, which again subsided when the payments were made. These payments were pretty large. The New York banks paid out $1,507,924, and the several States, and companies, and federal government carries the payments up to the neighborhood of $9,000,000. In Boston, according to the very accurate report of J. G. Martin, broker, the payments were, this year and last, at that point, as follows, July 1st: $5,323,652 $412,186 $166,000 $4,002,938 679,860 487,880 626,547 613,500 179,000 2,586,787 There are other companies that will probably make dividends about this time, but not yet officially declared-among which are the Boston Exchange Company (quarterly,) Firemen's Insurance Company, Hamilton Woolen (quarterly,) and Massachusetts Mills Manufacturing Companies. Also, New Bedford and Taunton Railroad. The St. Louis Merchants' Bank dividend is to Boston stockholders. The dividends payable in Charleston in July were $624,104, on banks. railroads, &c. The total of dividends for July is larger than that of a year ago, and the list must be satisfactory to the holders of the numerous stocks. The increase in manufacturing dividends is decidedly gratifying, since it indicates the prosperity of general trade, as well as of the local companies. The demand from the spinners for raw cotton has greatly increased in the last three months, and in that period it has been as large as for the corresponding period of 1859. The crop movement of cotton has been as follows: The exports of cotton have been 844,000 bales more than last year, giving a value of $10,000,000 in excess of last year. Although the imports for the fiscal year ending June 30, show a larger amount than ever before, yet towards the close of the year there has been a diminished activity. For the six months since January, the decline was, as cɔmpared with last year, $12,000,000, and for the month of June, being the last of the year, $5,000,000, entered for consumption. The entries for warehouse under the diminished receipts were less than last year. The receipts for June are as follows: Total entered at the port...... $2,471,723 $6,652,563 $14,909,315 $11,870,400 11,540,136 2,408,733 5,494,253 2,765,008 953,014 3,180,361 4,487.109 102,132 485,891 38,272 $15,339,126 $10,116,442 $24,069,821 $19,160,789 781,099 2,360,140 2,369,231 2,268,377 The quantity of goods entered for consumption, although very large as compared with 1857 and 1858, yet they are less than for 1856. The quantity entered for warehouse does not much exceed the withdrawals. The business for the six months shows a considerable accumulation in warehouse, as large as for the same period last year, although the aggregate arrivals are much less. The quantity put on the market is less than last year, but there has been a comparative diminution in the stock in bond. The movement has been as follows: FOREIGN IMPORTS AT NEW YORK FOR SIX MONTHS, FROM JANUARY 1ST. Total entered at the port.. $65,237,874 $36,320,520 $91,829,562 $79,945,689 41,114,796 12,236,253 19,266,384 20,914,902 9,224,745 11,449,498 16,942,984 16,170,648 5,352,012 1,778,363 1,125,943 686,837 120,929,427 $61,784,634 129.164.874 117,718,076 Withdrawn from warehouse..... 13,145,261 21,911,964 11,515,721 10,315,657 The imports of the whole fiscal year show an excess even over the high figures of 1857, and the average of the two years now closed is also higher than for that year:- FOREIGN IMPORTS AT NEW YORK FOR FISCAL YEAR ENDING JUNE 30. Total entered at the port........ 226,184,167 171,473,336 220,247,307 233,718,718 Withdrawn from warehouse.... 27,950,212 49,376,593 27,103,299 If we separate the aggregate dry goods imports from the general merchandise, we find that the increase in the importations is almost altogether in dry goods, since the supply of the other kinds is less than for last year, and much less than for 1857 :- DESCRIPTION OF IMPORTS FOR THE YEAR ENDING JUNE 30. Total imports...... $92,699,088 $67,317,736 $93,549,083 $107,843,205 133,485,079 104,155,600 125,086,524 123,498,198 .... 226,184,167 171,473,336 218,635,607 231,341,403 The several heads of dry goods give us the comparative receipts of each description. We find the decline for the month has been most in cotton and wool: IMPORTS OF FOREIGN DRY GOODS AT NEW YORK FOR THE MONTH OF JUNE. Total.... $349,623 $2,503,769 $7,280,060 $4,820,153 WITHDRAWN FROM WAREHOUSE. Total thrown upon market... 349,623 2,503,769 7,280,060 4,820,153 $508,275 $3,035,935 $7,483,628 $5,118,114 ENTERED FOR WAREHOUSING. Total entered at the port.... $8,704,126 $2,800,678 $8,165,037 $5,535,042 |
