The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-28
Com N ERCIAL AFFAIRS.
MONEY MARKET.

"wednesday, sept. 27-6 r. M.
The tendency Of prices for most Of the fancies is
downward but under the circumstances they are well
maintained At the first board to-day Harlem fell of
e per cent; Norwich and Worcester, ii Erie Railroad,
u; Treasury Notes, q. Pennsylvania SIS advanced a,
and Canton Co., "a; all others closed at prices current
yesterday. The sales only to moderate extent
and there appears to be disposition stocks
upon the market at the depreciation in prices The
frmness with which the fancies held in the face
tight money market Is pretty good evidence that the
moment the present pressure lots up there must be
improvement In them Of some Importance. With
everything to weigh them down, they have not depre-
ciated average, than two three per cent
within the past month.
The steamship Europa for Liverpool, takes out
SOL 0ls in specie.
At the second board, Treasury Notes advanced u
per cent; Norwich and Worcester, u. Harlem dccln-
ed q, and New York and New Haven, Il, with small
sales Of each.
1t currently reported in Wall street this morn
ing, that Mr. Secretary Walker had loaned eight hun
dred thousand dollars of the deposits in
the sub treasury of this city Treasury Notes. at
their par value. This is hardly probable, as Mr..
Walker has no right to do any such thing, and the
penalties for so doing according to the ndepe
treasury act very severe, and would reach him
well as the most insignificant officer Of the
1t is in his power to reduce the amount deposit
here, without resorting to any Illegal method. The
Treasury Department has given notice that the NIex-
can indemnity claims amounting to $1,500,000, will
be paid on the 9th Of October upon presentation
after that time By anticipating that time of payment
by giving notice that these claims will be paid when
PRESENTED, have no doubt million of dollars
at least would at once be drawn from the sub-trea-
sury vaults Of this city This would give permanent
reli and no nj tnff tn
terest IT, however, Mr. Walker and other members of
the Cabinet determined to put aside al law In this
matter, they may loan the government deposits as
fast as they accumulate but give them no credit
for relieving the money market for the general good
feeling assured that their personal friends were not
embarrassed In their financial operations, or In ether
words II the government brokers and few Wall street
SPECTATORS not involved in operations calculated
to make them heavy losers the provisions Of the nde
pendent treasury would be strictly enforced and
the commercial classes burdened with all its restrc-
tions.
The Boston money market Is represented as being
very stringent and the outof door rate OF interest
high. lIl-o .... I'D
At Philadelphia, money is comparatively abundant,
and the current rate OF interest averages from
to nine per cent. .aus31
notwithstanding the fluctuations In prices for
breadstus the conflicting and inden accounts
the other sdo relative to the harvess the limited
receipts at this port for sometime past the shipments
Of -four have boon large, and at prices which give
hopes Of fair profit the other side In tho face
Of the reported depreciation. The annexed state.
mcnt exhibits tho quantity Of certain articles, In
Guiding breadstus, exported from this port for the
week ending tho 25th instant distinguishing the extent
Of shipments to each country
CoMmrRcE or THE Ponr OF Nsw Yonx--wrxxL,
rllfrlr rsl ,ExroRTsd ON nr'rtH uI
70 fLendon.--Lsrd, lbs, 1891; oil cake, 2i4ois;
snuff 3,34v cheefe, 46 40s wax 10t2; tobacco, mfd,
3135; tAips, pkgs, 48; slaves No 5000; -four, bbls
1000 turpsDtine 3452; pcsrlash, 90; beof To- beef
ereos, %, clocks, Gases, AZ oil peppermint, % ex'
Iogwood, "a. - .oar ss4r ntlll ~ f1r
TO Lire,y hecsc lbs, l5oTa9; clover seed,
% 33s; beeswaI, 14Sot lard. % 609 grease 1900;
taov 1851; rotin. bhis, AZ; -four, 2i,726; apples,
bbls 1928; tar, 400 beans, bush 800
corn, u, sso wheat, 5sgl; beef, tierces, o.