The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-10-12


comm odssssn in Justice totbe creators sft wea a.
the community admitted they DO not seem u
be sensh, or TO spend any extraordinary amount Of
streets OF New YORK are nearly the parrowess snS ~o
paved or tho whole city the roadwsys ocked up
With carts ana the pavemen, saisaded with bales and
peeking cases. The furlongs Of these last obstruc
tio1s suggest an Improvement mat might bs possible
vast as the s1ount Of mercantile business h-quhe
yet in details In the mode carrying on there tan
something provinsia the imperfect arrans emeets OF
smANseapor$ are continued for trade OF ggan nc
poruo7s. Tie wholesale also the warehouses
and a goods imported have 70 60 through two
they must be depssaettn sold, ana when sold otea
repsckcd for renewal And much OF the packing dsas
on the I.yemsot casks are hospod and cases lsed Up
lined with bags, basee casks and boxes from Cnaring
Cross to Aidgsts and at every third shop the sans
and hos.ed toto upper floors the whole day
long, IL would sivs an idea q the st.se
York ste-s easily be pulled down, slaad
enlarged b1 remedy might be found for this state q
of oommsrcs, and Z aune unwortsy Of America. SSs
has got far beyond the post up 70 which th petty snd
pcoDysnen. system could be tolerated but does not rs
act New Ysrk has neither docks warehouses; only
wharves and stores; and al the man.psatons of i'm
trade carried In the streets very na1
row streets too. There Ia interest certainly, b
being able to study the variety of consgnnsnta pe
matches and to remark what is going 10 Chicago and whaa
70 New Oreans bot 1t rs primitive and decidedly noonve-
-
enormous waste labor. Where there deep up
to the end Of the streets docks possible and BY thA
could could be done with Ss,f 6s trouble New York sssai1
not in this respect be swo generstons behind such
= be
sent In both cities agreaA system Of oocnercia ao-
ties has been perfected, which New York has yea y
begin The work viii have to bc DONE end begun
will be done rapidly. Such reform would relieve ~
alarming conseson In the arteries Of the city y
railroad The stores would then become wAas thsv oag
to be, deposares for samples and the freight of whs
fleet Of merchant ships might be sold despaschsd ~
land with less confusion than s created by the carse
OF one vessel
LONDON MosEY MARKET, FRIDAY EVENING, Sept. 28-rb-
present state Of the money market engrosses the seoc
attention Of the commercial world II unsettled
Duriously to interfere with numerous psesced enter
prises, Of which, from their useful character
ediy receive public encouragement, n oApAsAass and
others their way little more ciesviy. All nsoss
abroad; and, though there rs absolute scarcity of
money the market quite stringent asE The reserves
S.ased THIS sase Of fsons Wss enseuosrsS IN
the first instance, by the Continentsl absorption
d gold then was strengthened oy the disastrous fsti,
and dsgraceful management OF the Royal Brisish
Bank; and il Ii confirmed by the general
advance in the rate Of interest By the principal banks
in all the leading commercial cities of Eorope A.
remedy it has been suggested that the Bank Of England
.houd advance its minimum rate Of discouns
from Az to per cent; and tho possibllty OF such
being adopted has been debated ali the wesk
The inclination OF general opinion is against IT, principally
the ground that the October dividends will soon re-
lease large amount while the public 10 favora
BILE, trade sound and money In abundance Stll be
found Tor all legitimate objects either N or below *
per cent. II said, too, that II tho Bank 70
to per cent they would, in al probability susr
considerable reduction In their discount business nom
the competition OF privAte estabshment, just tnsy
did before the last reduction romans In its prsssae
condition much longer do not see how advance
be avoided but much depends Upon the that thnn
may take during the first and second weeks In the
suing month. At the time there political
plcAsions with Naples Russia and Austria which have
contributed TO aggravate the symptoms created by the
strictly financial part Of the question. Their effect how
ever, they should unfortunately continue, viii be more
felt hereafter.
About 100000 in specie has arrived during the week.
oil from the United sates The whole Of has been tahsa
for the Continent IL is said that the packet frem
Southampton will take silver for India and China
the value OF more than "a 250, 900.
The return from the Bank OF England tor he wosk
ending the Goth Of September gives the following resa
when compared with the previous week.
Public deposh. e. Il co7 724 Increase E 90o, ,lS7
Other deposits. s9ts,g72 Decrease. 1A6e2
Rest s-s3,s95 Increase. l3o1e
On the other sido Of the account
Government securities. 81 96s, o62 Without change.
Other securities 66T Increase. ,261 27S
Notes unemployed 6225, Ss5. Increase. l5,l7o
The amount Of notsa ejaculation u Gle, so9sS. beng
IN increase OF 4d the stock Of bullion In bceh
departments Is flze3s. 6e2 showing decrease OF Es,-
.cs when compared With the preceding return.
There has again bee large business done In bulioa,
the orders for silver for the East being very large
There have been considerable arrivas this de-
mAnd, and the market closes I'd. lower bar silver,
and I'd higher for Ne xiccn dsa-s which prices
ready sellers. Ipubloons still meet with purchasers