The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-11-12
FINANCIAL. AND CONNER CIAl-s
~ OA EY M A IL X n Il.

SUNDAY, Nov ll--G y. VI.
No have disposed Of the advces by Euro.
pcan steamer, than The public mind Is turned 10 the
next Tie stoamship Pacific, from Liverpool for TIM
pori, has been eight days, and must look for
her ARRIVAL IN two three days with weeks later
Intelligence Tie slight improvement reported "a consols
Just Vevious 70 the departure Of the Asia and hq oub.
existing this eide relative the dale d The receipts =
gold from Australia and the last Bank Of Enga nj state
mtn gre additiooal importance 70 the Pac.acs new,
and have doqbt operations in the stock ma-xct
vii be to some extent suspended until her arrival.
Those WHO look for favorable financial and commercl
adsiccs by the tactic, vii fear be disappoint A.
There was nothing 70 the position q thihg al the latest
Gate calculated 70 give Sny encouragement for tho stl
According 20 our views The Asia'a accounts more
uuiasornbie than those BY any prcr3us steamer He
adv IL conrols the only redsemng poIn.--ant
IS We known that The operations tie Bank AZ E,i,nA
caused a;iGcia imitation which would mt have other
vie existed Tie bank had fOr dag been large
seller ioi cash, md large buyer time and that "a.
al sufficient % have neutrazed an the cool IN 81
81 such advance The Grain upon the hank for bal.
lion continued u uil force and look for reduction
10 the banks supply 10 tse extent d half million
sterling Ier week just regularly the week cones
rouad, and the weekly receipts viii shos a. Tho Bank
a Trance only mnhoa monthly statements, and II VIII be
nearly month before have another report from that
lat month i lost about Eve millions Of Dol
Ire p bullion and W have doub: the next
win shov further reduction 70 that extent. In the
face q these thing It i utterly Of question th,t
there can lie permanent improvement Ia ths money
market Our banks dare not change their present p.
Icy under thee circumstances. They must contract
and they viii contract We expec, t. ses before he
evfirain Of this month The bank loans down to tAiry
millions, and nftcr that below that point The pay ments
So r..
among the mercantile clasteL
The movement Of our crops has absorbed an fnrnae
Of capital Prices thus ar for brcaasuT. h,ve
very vel sustained, hi. look far steady Dc
cline the money market tghsns. Tho banks 10 not
discount hit moderate portion a their receipts
and We msat look for steady increase ID
the demand Tor money from the mercantile css,o The
cops must come and 20 forward, ami they cannot b.
moved without money. II money cannot BE- obaisod -
thsm At present prices they come down
points where they be moved. The banks are power
les in the emergency and tate care Of themselves
Tie imrrsson Il that he bank returns for the vesK
ending saturday, the 10th inst will show decrease n
about million In discounts and hair million in specie
The Northern Light nj this port from Scarayaa reports
about two million the way from California The ahlp
firm Bos'op last week Amounted 70 ss7s 90 and
the subeasury q 'h port disgorged in the snne time
500 COO II Is not yet known how much the Baltic viii
take out Wednesday bu, shah net get clear II her
'hort q three TO Owe hundred thousand dollars Tho a
Iesranee o. financial Affairs ustiaes cur,Aiment aud
hose VII, my be induced take hold az fancy stock
By re rise Of the past day two win ~i,hou doubt
end that class Of securities deprsciatng on their hands
Nr.A H. Sicoay. regular sernl-wesk auction ALE ~
stocss and bonds Will take place aoniay next The
18th Inst a. l2,l O'Clock At the Merchant Frchangs
Tie specie exports from this port las. ~ecs amounted
. y 500, mailing ar the year 90, $50 as 60.
Ihe fall IN Michigan Southern and Cleveland AMI Tie
Do stock AZ the second board YESTERDAY ga atisat !,
re announcement tina, the Governor o. pennsyrauia
signed he bi repeang the charter ~ "a. Esie ani
Aor'h Fast Railroad Company Pariiss interested |
tte BEEN unnecessarily alarmed sr lo8k ff In
I frurtcn 70 travel Vi, that route |
II VII he recolleciei that f.r weeks snce Judgment
obtained IA u. hyperion Court agan the Harlem
abroad oonp.ny for about sg7 600 Or sioi over ssus
~ he company agent. Instead o. promptly paying up
he company have spreaisd maes 90 learn, "a
'ccoup' q any toutt regarding The Jaste and sgAt,
The verdict Tho van, u fands I, strfle. ). TIA,
{, would b. letter FER the company 10 borrov m,ssy =
PER cent month. 70 Il. claims. than 70 .ear
he eIrsn-~ ard odup a Carrying I, - higher s.art
rih possible chance u the verde. ioias fsy.r-y
ne NJ, i he company bopslss.ly bankrupt, Poverty
undoubtedly The eauss, All shoad t4ty the o9rnga
y rot aba1s ~
70 anthracite coal trade the pa. rsek ~ ~ sbr.-
,rnriTal llnss bot ~ The very respectable sonnAgs
l3 - oDs. he ssason g. ho-srer, hxt dra .iax i,
Voc - - - regArds The navigation eorspanlss VIZ
~ v'el rnang 90 Tbsrsday ihs ,rfgrnsn1 ~ ~ 4
~ fehuyfm nsvgailan - sg tons All ~
rafon = - fsms asts 80 10 tons being vs. ~
3 orefss = - tarnsgs kss yeAs = - ssras Has
ite Reading Falfasa. ~ ~. sees e.aing ~ - same
- traaghi dovs = 1cs tns AZ - ~ 49, = -
ars tlus, o. 80 trns against is< isg tons Il a.
ane es's laa.yeas h ,hfrasnfso coal IN ~ e IT.
cr ne vssk ending Fstsreay at, rsfs y 81 lons