The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-12-08


The decrease in the securities of the bank during the
month be accounted for by the diminution of
mercial paper under discount. is not to be supposed
that in the existing state of the money market when for
weeks past frs class commercial securities have been
Oily discounted at from two to a small fraction above two
per cent the Bank OF England continue to command
business whilst they support the standard at -four per cent
The changes under the other heads of the
Of material importance. London paper the Standard,
remarks as follows -
at sremarkedwith evident satisfaction in the accounts
from Antwerp that two bargains effected last
week the Amsterdam Bourse, in Belgian Stock, being
the first recorded and from which Is inferred that
the credit ofthe country stands very high and is likely to
be still further improved considering the ability Of the
Dutch capitalists to deal largely where any be-
Spanish Stock better. closing at Isj to l-l6
per cent advance Dutch q per cents LEFT off at 52 to 81
into demand Amsterdam within the last week
two and the consequence has been rather considerable
are NOT told Of state these bonds are re
bank shares were done on Friday at 3a'
This reported improvement in United States Stocks
the continent amidst all the viruperaton to which they
exposed in the London papers is certainly aatering
may be depended the paper betrays grosuess
ofignorance of American affairs above that which is appa
rent in the ohe English papers, There improve
ment in the London demand for American securities
large sale ofNew York State per cent (say about $780,
price there is still buyer. Some New York City SIS
offered at 70. Some demand for Pennsylvania at 40 per
cent and for Indiana at a. and Illinois at per cent Sci
ers Of Virginia SIS and Ohio SIS at 20 per cent The ankle
y about the financial state Of Louisiana caused great
depression in the stocks of this satesome of the Bonds
in favor of the Union Bank have been sold low 40
per cent and there is seller a. Buyers Of u. s.
Bank Shares at los.
The late United States tariff well those of the
been signed by all the representatives the German Gus
toms URion, declaring that the augmentatons Of duties
upon French goods solely in consequence Of the
disposition recently manifested by France to adopt the
protective system This step apparently prepare
tory to mutual understanding between the powers Of the
continent. the duties imposed declared rcvocabe
whenever mutual understanding be arrived at be.
tween the powers This will open the door that spirit
Of concation without which nations cannot
prosper.
There apparently some improvement in business
in the manufacturing districts.
fair business done at the New York Stock Board
this morning with much better feeling in regard TO pri
ces-New York State rs rose Ohio os, J.
To morrow being Thanksgiving Day, the business of
the Board is suspended well that Of the Banks
The Columbia steamer at Boston, brings S40o 900 in
specie, Of which $50 900 is for the Merchants Bank
The California, from Valparaiso, brought about $50 900
in specie.
Two hundred and twenty-five thousand pounds sterling
Of per cent bonds ofhe Commercial Bank of Nachez
were sold at auction at Philadelphia yesterday. The
bonds in Of 5000 pounds EACH principal and in
terest payable In Londonntcrest to from the LIST
OF March, lsa2. The bonds hypothecated by the
United States Bank Messrs Morrison Cryder of Lon
don for money loaned that institution and were bought
by Mr. Fisher agent for the London House. at 20 per cent
on the dollar. No other bidder.
There was received at New Orleans during the week,
ending Nov %, In specie. The following table
gives the increase Of specie In the vaults of the New Or
leans Banks, from Oct. to Nov. 10 -