The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-11-08

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The particulars Of specie to be despatched by the
PepinsnAr and Oriental Companys steamer uch leaves
soatnsm poa to morrow sre a follows viii be soon
thA the be despatched by this opportunity ID
considerably less tnanthat sent by the previous
The amount OF gold sent IS $50, aad OF silver E493 III
making total shipment OF t502 OIL
To Asxsndra, gold Observation-Disclosures. 81 800
6omoay, slVer.. lss ssl
tey ion, goid. ...........-,....... Douv
Madras, goe ACKNOWLEDGEMENTS. 1850
" silver. NEUTRALITY-SUSPICIOUS.. TO- i3o
Cuicnta, silver. ......--......--...... 2Ss 300
Total. ....:................... ESQ.,, DEL
From the Londoa Times, October 22l
The letters from Paris continue 70 describe tendency
TO greater ST. adness but the accounts regarding the
ston OF the bank are still contradictory Some persons
assert that the better appearance OF al
fairs Ia general continues to lose money every day.
Probably such improvement a. may be Observable is
chiefly at the branches, and that upon balance there
recovery The large contract lately made for COLO in
sisted upon for confidence; an In addition to
this the bank and the government are said to be using
he strongest persussoAs upon such money dealers in
Europe ~ they may DO able 70 influence 70 induce them
for the moment 10 limit any transactions thai might
the effect OF drawing silver from Paris Ftue franc pieces
Eastern de,na,d for sslser some large purchases Of sill
also being made at Am,terdam, but whether for
this country or elsewhere is not stated.
(Correspondence OF the Manchester Guardian
LoSpos, Thursday evening, Oct 23
The demand FOR money has not been quite active to-
day but there is NO change IN the rates
Tue Bank OF France has ct last found necessary TO
fuse making advances on stocks and shares Of every
kind. and Is also restricting ts discounts much
The Baltic, from America briggs COS 800. There has
been report that the James Banes was in but It Is
The mex, Pacific steamer will IL d said bring $500 900
In eiiyer.
1t is believed tsat 90 gold has been drawn from the
The impro vement mentioned yesterday aud the
daykbefore ~ having tAkcr place IN the general
feeling with regard 10 favorable change In monetary
affairs, not only maintained, but gains strength tny By
day.
From the London Post (city arsle) Oct "a
10 tor r e4 hQQ sttl FIN thar
proved today the purchases account OF public
having beer considerable Notwithstanding the high value
which money commands In the discount market. The
circumstance that the Bank OF England has MAZE
vance in the minimum rate OF discount has not failed 70
can be scarcely ssld 70 have been prevailing mprss
SIGN tina, such an alteration would be made. Ns there
FORE 20 be hoped that the worst has been passed safely
and cannot fail 10 prove highly satisfactory TO all TO
md that notwithstanding the intensity Of the pressure
there have been commercial failures Of more than
ordinary character his proves conclusvey the gene
~ souDdnees of trade 10 all its branches for /, may
fairly be cod6ted whether ai any previous time the
60 ssta ac,ortIy Tbs. boscyer. proves The xross IN
justice OF the operation Of the currency laws which
impose the obligation upon tue bank not to check
speculation DOLLY, but actually 10 trammel legitimate
trade and 10 the risk Of commercial panic and the
Wholesale depreciation In the value OF com ncdtcs,
on account OF being regarded else an article
Of merce, huctuatDg in value according 10 demand
spsc,ys q those natural laws = this sbsurdiiv which
has produced the present dc ultles, and 10 really
veous that the commercial world has NOT revofet long
this against being subjected 20 laws founded such
basis. For the moment however, the opiaion seems
10 be at the statc o. monetary affairs improving, and
that the Withdrawals o. gold from the bank Will
II 70 pretty crsasn thai amora u consequence hos ben
nn from ne neafiic Aock during ne yveses x,sk. al
housh s ioAoe If IN crtra, Of re precious n,ta have
bean rgrchossn for export a. lfy reached ,he
sAora.
From the London star (ciiy artcle) oct. "a
ell lie senxt veness, II comparatively easy IN tue
early part Of Tie day; but afterwards upon the r.sdnp
FOR the rest o. the day remor that he BANK Of france
has determined upon refusing 70 make advances rente
or railway shares greatly contributed 10 ins result This
report had not received confirmation duriDg business
hou-s; peycrtheess Il was credited. Huue II is proof
that tho monetary CRISIS IN Trance Is regarded By the
highest financial authorities still very serious Toe
applications Of the bank for discounts rather
The Baltic briprs specie from New York 10 the amount
Of COS o22, the whole Of which w expected, be
cured Tor the continent There Is to believe that
The aeenu Of the Bank Of France are s buying god %
The Rank directors held their weekly meeting to-day;
but they made no change whatever eher with regard 10
EDsish securities have advanced fuDy u per cent
upon the anal prices Of yesterday The principal bas
ness o. the day has been 10 anal money Investments by
tered, sppsrenIy with daily increasing eagerness Al
the time several large purchases have bcea made
,aid % be sx,rensy large The demand for Investment
caused quotations 70 open Of IN advance OF upon the
CLOSING prices Of yesterday and Improvement 70 ths
extent was sustained up 10 the close
IRON the European Times, Oct. os.1
The Bank OF France following the example OF the Bank
Of England las refused 70 make advances either upon
renies railway shares II has also partially limited
ia commercial discounts 70 bills having only forty ave
days TO This u strong md caon that tho financial
eject upon money market here wing foreseen
and "cscounted.o And u has had even less upon the
presen, strongly supported By daily money investments
By the public out Of The proceeds OF the dividends.
Specie 10 the value Of COS $50 has arrived from tho
Tnsta "A Ibe A a. l.c
date Of the last afviccs rather turning against this
Try Under ordinary circumstsnoes, therefore, the
Of the Bank Of France Purchasing gold thore well
a. in London on the sesIs5T brought By the Canada
The return iron he Bank q England FOR ire wcsS emo
ing the 18Th Of octobor gives hcolowng results when
compsred With The previous week-
Pubic deposin. g oto SEQ Dccretse. 90 soopiI
Rec, .....:....::...: 3,i1s,ols. Increase ao,bn
Government securities 81 ,see. Decrease c2T6,0 900
0thcr securities 1904 ss Decrease. e9,ezs
ne amoups q note. in ctrcnisop 4 an ia Ia Sesy
Of f6f1 6e5 and the stock Of bullion both
dersrtrnenis % Gil,. sI, showing an increase Of
There has been good business dong In the bullion
msrset this week. There have been several large ar.
rivals and tho demand for silver Tor tho November
China mail has been considerable Tho market ha been
quite cleared Of Mexican dollars and any Offering before
NE q s nss ss % ssssr hsn s
much 30 10 induce tho import Of gold.
Foreign Gold In bars standard, per or..... - ~
silver IN bars, standard. ........... az
Gold con- Portugal pieces. .................. 317
Dpubloons, Patriot. .4............ 3n
Doublocns, Spanish ............. all
Napoleons. ...............s.s..... 10
10 Guildsrpicces. ............... 31e
silver coin, Mexican and South American dos. s
Spanish pillar dollars. ........... o 1k
Consols improved yesterday under the influence OF
continued investments BY the public. One purchase ssd
10 have been made for great corporation, IVES for
lees thar ffco, 600 They opened 81 o2k 10 o2X being
nearly higher than the closing price yesterday and
IN The afternoon they quoted ~ nigh ~ e7H 70 e2K