The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-14

per inpro, able sl estate probsb; 90 per
ont Notwthssndiog The conflict bet ~ee1 the gs-esn
and pof ton Of the bankiog istisuaots OF
the country, probably the rrenO has iooreSed one
ihrc-sold and sver 10 doubed-and ct The Interest
nopey 10 highe ihan ever
fhesc are henomeua of an extraordinary character
II ndicstes An uioonmon degree OF prosperity, enNf
prs speculation sbd fu,u' nopes Neither IL tneve any
nit 70 H. The government has Oh hand four hundred
lions OF OF snds yet unsod rDI worit has
h. peoped railroads 10 made trees 10 be out dowo,
and the hole counsI, . be maas garden Ins aerrss
take place between this hour and next Nay msLy spscu
stoYs msy be vuinedbut tho country goes steadily IN
ward In prosperity A. long as lovely woman blusniosy
copssnh . vile and = mother, and ra'caly NAV has
ms inc 10 bs a,hrs-aon the government bas plenty
and 20 ahead No mstske in the monbes Of nature,
sahus and hh doctrines TO the contrary noswtnssand
Ing.
From the New York Herald, Oct s, 1885
The In the market has increa ed 70 an
extraordinary degree Money vG worth per cent yes
,eroay wAn street, and and per given for
thereof stocks fell trfe hough not 40 much ~ hep
will DO in few days There are eight millions to be paid
In forpiehs 10 start the banks chartered by
the lat legislature.
from the New York Herald, Oct. IL, 1898
Many ,pecusions are indulsod respecting the recent
a. The Bank OF England to check the expora
ton ~ ecle from that country 10 the United Saes rec
Errress has long ridiculous story about de-
csreo by Erg'and Al nonsense. II the capt alsA OF
Eng lard find higher their money hsre not
al the banks in existence preven. them seodn u oat
England o. he United stAes, from the rApdity Of inter
couHe bets them, are bu ~ ore country The mo
ney ket Of Lonco acts on New York-and New York
Lordon The great rofress OF ths coSntry calls Tor
capital snd Of creates demand; but Ia Eng
land speculation Is equally rife In banksn rsiro adsn
everybpghepce the restrictive measures of the Bank Of
ns:Is ga &c. ,o,, in ENGLAND and her, !. this,
he busr ese OF the mercal immunity eyce,ds the
capital There 10 an increase OF demand growing sAt of
increase OF population and decrease Of speed In
public Steam power has doubled produ,tve
tnerg, husinsss 10 ane-mors capital Is 'equred
Bence the interest Of money rise rne same g'oe'al
month IN walseet makes the Bank of EDgsns incressc
,he ate OF interest from to cent an in
credstd mdnd for the article Steam power 10 rapidly In
erestipg he commerce OF the world To Garry On oom
req1ires specie-but the supply OF the precious
Hence il IL evident that the measure OF va'ue--the
vspe sfiyed TO gold and silver. In rapidly increasiDg
70, tue worana. u. & 'ns saa. u
for only short time rise along with the rise OF gold and
silver wheat Is hsb-ootou Is hgh-moncy Is high
heaven hsh-noshins Ia low but politics. the pross and
From the New York Herald, Oct 10, 1888
We're and worse. The natural and commercial atnos
dsmudest" Al the Board Of Brokers ,to,ts ell in few
minutes to 81 per cent below the rates Of Tuesday
coffee suo,t uu.sleabe, and -four jumped up TO SO,
and ,hst No buyer Of stock before the board
could open his mouth at almost price but be wa.
"soid," ,aid . dozen voices am give say for so
| Hoha~k" "sold," cried half dozen "sweet voices"
The news Of the money market In London only agra
waited the that beginning to set In, which
lead 10 the destruction OF many. In London the
bsnkug Establishments are alarmed a the drain spc
ce, csused by the high interest given 10 the United
ssiee-beye alarmed at the call for specie to the
wes through the force Of the Treasury order IN Lon
don the market suvcharged with railroad stocks-A ne
rcsp ptocks all kinds OF stocks; here flied TO
peshcra with Southern stosbs-Western lAnd-and .
miserable arrangement OF 20 currency.
s,ill further in addition 70 theae evils the sYrtem
adopsd by the mail banks OF recent growth ooly in
creSe' the spirit Of usury extortion and imPoon 'on
,be -chapts or late clam Of middle have risen
between the banks and the merchants, by which the
late neecec out Of 70 per csnt month BY jag
gle between the ON Of these small banks and hsir
sgenis the street. Tho surplus revenue loaned
IN parons 70 these banks has multiplied the hoard OF
h nTSe: the S q yy .ns ns
directly 70 tho merchant at fair legal interest, without
the intervention Of brokers AMI agents. who live by jug
from the New York Herald, Oct II, 1885
me rar,c Increases Yesterday .he fall In stocks
" AZ pr cent Utica 4 down 70 u4K-Psisson 70
e3k- Boston and Providence 70 par-FArmen' Loan
IS va. :1p .es s;es director o ss oommsrcis B.ns .,se
regular BROKER, broke TO pieces. Liabilities him
oreed in The sIee. .. the rate Of 800 for 9 900 He
tbese stocks have s consequence fallen more than any
others
In wall street the crowd or anxious nces was ercss
.iye. Money wS al = to day FOR sums Of 5000 or
eo.c0o, at short dates.
F,cm the IVES, The accounts are equally disastrous
sreeui.o by the government people going co.
the immunity ssfIering People, TOO, 20
silve thu We have not reached the worst
From the New York Herald, Ox Is, 1899
A ". predictet the panic noreascs-stocks fs more
than ever yeserdsy-Nme OF them per In o1c
tumble What are sming tor
pey 10 and high. The best paper 10 selling at
per cent month. The banks rsjsJ tso thirds full OF
he tnevingr-s and tsc STATE Bank Is nothitg at ALL
We doubt the OF any attempt 10 stop the onward
prog, The crist way DO rapidly coming Two
hs sgo letters received In this city from hgn
ron msrcal In London ami Liverpool predicting
the vsry state Of u inss wo have nov Amsng Their
opinions grounded tho sses by the great Hrc,
We nnsrsia meSnrcs Of oar government aud tho cru.
ssdes relative 70 tho currency In this cnunty bet
political parties British merchants gave orders In
quence " thew agents here be chary In exchanges that
tecsme due lin Nev York from Oct bsr up 70 Jshuayy
1897 They anticpaec terrible or0h In tts city
between these perioda Thu is n> real Of TIE
recent ef The Bank # England this soun
wv a~a not The crrovtacu Of spcc, ridieulosy sup
pad IN the Journal of Commerce. Prices
cowp-spscuatiop must experience . revuhiou Tn.
tni blow 10 felt In the value Of stocks. In
they tumble II ts l6 per cent rhe next blow w
be IN real tststs Mortgages vii be called ip much
from the intention OF capitalists TO invest In at low
p'ios from any other oAuse. Be u the the
ober n~ VI have the tnsct 10 denre@ real estate.
morsasce called In property must fall Tho staples
OF sl Hext be touched Thus win the circle
be by the srap gc action OF the government
on The crrrency-and The utter folly OF tho people In