The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-10-13
CT N N ERCiAl AFFAIRS.
MONEY HHsET.

Hiiuay, Octs ss-c II. M
There a slight improvement in the stock market
today but it not sustained Soon after the first
board opened, the from Europe by the Caledonia
came to hand, and rapidly circuatsd through the
streets and checked the up~srd movement In prices
At the first board s. &C. 1855 advanced 4 per cent;
u. S. e's, 1867, y; Farmers Loan -; Harlem RI Erie
Railroad, q; Long Island q aud Hudson Railroad ~
per cent since last sale. At the second board u s.
6's, 1867, went up 4 per cent; New Havea Railroad
u, whileHarem declined q per cent.
The receipts at the Office OF Assistant Treasurer
Of this port to day, amounted to s55edl 20; payments
Ss4743 SO; balance, So S44 164 o.
The news from Europe does not amount 10 much.
Commercially, it is rather unavorabe; politically
interesting and unmportaut. rhe accounts relative
to the cotton trade by means satisfactory, but
they more favorable than was generally sn.ici-
pated. The harvest throughout Great Britain has
proved abundant, and the domestic supply Of breaA-
stuTs likely to be above average. The railway
panic rapidly spreading. and 1t had deprecated
prices fer the hares Of every company many per
Consols remained as previously quoted and money
abundant aud cheap aud easily Obtained gosd
rites What the result Of the panic among holders Of
railway shares will be- IL IL at present impossible to de-
termine.
In relation to the Boston stock market, the Tyarei
tsys:-
will b. less than they have been OF the princi-
PAL roads which Is probably one Of the causes Of the
depression in the prices az nearly all Many person.
the oppiop that the rates II travel Altoge
Their too low fr the Interest OF the stockholders, aud
that, any thing lac toe dividends which have been
made To- he expected for the future there be
a change IN the rates 81 fare
The stook market has presented tie same dull aai
depressed state thai bad occasion to notice la
last report Bank stocks are the msst In demand fo
inveftmept though many Of them very low ia
IarisUn with their Intrinsic value All the railroad.
ia but little request Boston and Worcester 90
dull. but little Offering BustOn aud Maiae los. firm
Western lol quiedull; Providence 50 listls doing
vermont aud has.schusetts. Az very dull; Vernon
Genital ash, not moch demand. Ogdsnburg ~, snar
c'mand. but firm; old colony To'a, urn; Northern,
6Sh dull Chethire. Goa dull; Eastern par, and not
much inquiry. Thee about all the railroad s.ocis
in which any thing Is doing aud very poor exhibition
IL " tor those who desruu- Of selling particularly
too whom than three months VI the next dividend
tine has elaps.d.
The Ccn,se, and Enquirer, Of this morning contai,s
q long letter from the Hon. T. L. Clingman, Wig
member Of Congress from North Carolina, to M.
Simeon Drepe Of this city IN relation to the establish.
msnt banks In different parts Of the country for tie
issue If bills based upon government stocks, for
issue Of Treasury notes to Incorporated banks Pr
yate bankers upon deposit Of government stocks with
the Secretary Of tho Treasury. MIR. Clinsman hal,
probably been made the channel for opening bring
Ing forward this financial scheme, as 10 enable Nj,
Meredith to follow IL up In his annual report to Cor
gress. 1t Is a whig financial scheme Throughout sni
smells strong Of the United States Bs0s-too much
,.,'' -. =, eorp - -, e-' ~. ~.
~" 80. - ., -, -, -
-. - -, - ~ '',~ 80. ~ .'1e
-. ,-.,s..,-s- - . -. ..,..,r',,
- -, - 20 -. s-s... -
-. az. -. - -, ,.s.-~.'s-.. - -,
g. ,,,,.,,,,,. - -. ....,-.A,. -, r
bussble by the Treasury Of the government, for the
gsls and silver required under the present ystem It
is an insidious way Of flooding the couotry with a
80, --.---,.., ., ,"',
49, " D' 80 - y ''' ~ :. e
- a.. 80, ~ 80 80, '.s 's'''
:. 80. 80 -, -, - ~ 'u' 80 ~ 'H' eS''