The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-06-23
F FINANCIAL AND CONNER CIAL.
MONEY MARK EFT.

SUNDAY, June 22-SP N.
We have received during the past week more impor
tant financial and commercial intelligence from Europe
The long suspense partially over, and the public mind
partially relieved. This week will give US something
more deGnite something that WILL we trsst, remove all
arprchensons and completely restore public confidence
The receipt ofthe England OF the actual d s Of
Mr. CHAMPION and the effect both In and out OF Parlncnt
will be known on this side Of the Atlas &c before many "
If Mr. Dallas should be retained e rsproscntuSe Of
this government nny look FOR sfgsedy and ;isfac
tory adjustment of ali the questions n Issue, I'D re-
establishment Of the political relations Of the two countries
on basis more substantial than has existed for yoos
From the tone Of the British press, at the latest dates it
does not appear certain that Mr. Dallas dismissal will
follow that Of AIR. Champion; but in the event q
such policy being pursued by the British Mnistryst
does not follow that our relations win become mH<e
complicated n may lead to the appointment on ne
part each government of special Commits sioncra OF tho
acceptance Of an arbitrator, with full powers TO adjust
all questions. We have already enough Of the -e
ing existing in Great Britain to confirm the impression
entertained on this sidc that between the two
Countries is almost an impossbily. The removal d
these little difficulties would give wonderful impetus TO
speculation in the stock market II Is kept In check
by apprehension Of somcthing-no can teal whibu'
the public require some guaranty that actual hosthss
will not take place and involve them il serious losses
Tie market has not been for yours we'll sap
Piled with capital at this moment. The banks are
gradually extending their loans, in the absence Of any
demand Of consequence from the commercial classes
The supply Of specie hand is at this moment larger
than ever before known, and Its accumulation Is becom
ing great burden upon the banks. They have hand
t about twice much as is required wanted. 1t IL
beyoud about ten Millions dead weight. and the
hanks are compelled to extend their loans to make up FOR
40 much unproducuve means This plethora Of money
must gradually bring down the rate Of interest Our
rates must correspond more nearly with those of Europe
The enormous addition to the metallic currency must
change the value Of money in all parts Of the world and
eaualze il with countries intimately connected in their
commercial relations
The outward movement OF specie from this port last
week was limited will be seen by the annexed table,:
SHIPMENTS or sIr61E FIOM PoRT NEW YORK.
Ship Darlington Hong Kong Mexican dollars $50 947 II
Brir G. w Russell. Rio Grandc, spece..... 1929 50
steamer En,dre City, Havana Am. goid... 49,, 200 90
no. do do. Mex dollars. 1856 90
slip Antelope. BVcnos Ayres, Mex dollars. 1900 90
Steamer Ericsson Liverpool L. 3 gold bars 20l 652 90
steamer Tennessee, ST. Thomas $1,000 W
Total for the week. s69l 934 "
Tr yoisly reported. 10, 226 229 30
Total :Sl3, 9ls l63 %
The largest shipfncn, last week from Boston The
steamship Arabia from ibis port for Liverpool We'd
needay next viii take out upwards Of million in specie
some time next week shall have another sommonlhly
California remittance. or Supplies or some time past
hayc icou cli lcNbly ii excess d tt4 1lpnauts.
tnctu Ncoay'- rcgglar fe.al .w.o..'r auction a'a 81
stocks ara bonds WHi ml,e paaf on &4aaay, 81 ~ 4,
O'Clock I'd - Merchants Exchange.
Tie reported tonnage ~ the several coal carrying com