The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-10-23

this port to day. amounted to Slala2 "A; payments
s2ll eee 75-balance, Sa2Ao,66s 46.
The steamship Ass, for Liverpool to-day carried GU.
three hundred and eighty thousand dollars in specie
This Is somewhat larger than anticipated but it shows
great falling OF compared with previous steamers.
The Boston Traveller says that the improvement in the
money market noticed for tn past week still continues
and the tendency towards lower Of interest is daily
increasing The stock market SO firm that it win be
qnite difficult for prices to be kept down much longer
The deprecated descriptions have good margin of at
least $40 share for further advance, to place them
where they were q few months ago TIE low priced
stocks are not 90 plenty in the market appears upon
the surface Many Of them sold and resold and
over again from day to day, and from week to week.
thus appearing plenty when, in fact they scarce
profitable trade however, frequently derived from the
swapping Of jackets The cash stocks getting to be
quite ,carcs and if thousand shares each Of the low
railroad stocks should be taken out Of the market
and placed where they would not back again mme
dately rapid advance would be the inevitable result
According Barings London Circular Of the Sd inst
sales Of Virginia Six per Cent Coupon Bonds to
tent have been made at 96s 81 per cent These bonds
are bought by capitalists, savings institutions and
others, for permanent investment We would much
rather them going into the hands Of capital
lists than those Of Europe. By and by will be glad
to get Virginia Coupon Skies at handsome advance ON
current quotations.
The public credit Of the State Of Ca rnia is rapidly
improving. In relation to the movements made for
funding the State scrip and promptly paying the interest,"
the Alto California says
There time when State scrp almost worth
less, but believe that period Of depression in
fancia history has passed away forever The law for
funding the debt Of the State passed by the late Legs
sture, Of so wise character and the officials
trusted with its execution have taken such judicious
steps to carry that there every prospect that
the State will very be enabled to work itself clear
Of every debt has already succeeded in rising above
embarrassment.
By the terms Of the act before referred to- three hun
bred and fifty thousand dollars Of the funded debt Zone
half is made payable in the city Of New York on the
LIST Of March, 1885, and the remaining half is payable in
the city the LIST Of March, 1860 The Treasurer
is authorized to make the regular
payment Of the interest the LIST of January and
July in each year, which may be done either in the
city of New York or at his Office in Vallejo.
We informed that the Treasurer, in pursuance
with the law, has already made arrangements with
Of largest banking houses to pay the interest which
will the State bonds issued, and which have
found their way to the Atlantic. The interest will
therefore, certainly be ready and will be paid by
sponsble house in the city of New York. the first day
Of January next. The terms upon whca understand
these arrangements to have been made, Of
tIemely liberal character, and exhibit much conf
dence In the credit Of the State that the transaction
cannot fail to have most beneficial effect upon
rising financial prospects.
The quotations in this market for foreign and
domestic exchanges for money and for specie
are as annexed
FOREIGN ExcHASer.