The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-09-21
l,sso,i3s
Jas, 5T3
Decrease. ss4,i9 5aoo74


Increase. 74s,s7s 1sso,lss
Decrease. 1854 1893 52O,074
These items about what expected except in tho
deposit column, which 10 have increased rather
unexpectedly nearly millions Of dollars The increase
however, is rather apparent than real the following
comparison shows
Cndrawn deposits, September l3.. $50 pos no
Undrawn deposits September 20. ......... 81 12s7o6
The clearings during the week have been heavier
than usual. Tie specie column shows apparent
increase Of nearly three-quarters Of rion but this
again is fallacous, the heavy shpaaent Of Satur-
day was counted every day in the averages.
1t is not likely that the banks hold, this day over
ooo and at the Of exchange they may
lose largo sum this week-though the sailing OF the
Cunard steamer from Boston instead or New York will
help them The small decline in discounts is probably due
to calling in loans stocks So as we can learn the
mercantile discounts have been heavier than usual this
week but many conservative bankers have resolved to
prepare for change in the money market and rs usual
the stock brokers the nrst feel the premontoy
symptoms.
Money is easy enough today-loans on United States
and the best State securities being made at and 3s
while call loans on railroad stocks may be quoted four
and first class short dated paper five Foreign cx
change is very sti good business has been done
day at ITO on London and 5i2h onParis Some houses
are asking iiot4 Is and Six
The stock market this morning irregular and I'M
satisfactory In quarters disappointment felt at
the failure OF the meeting held Saturday conclude
compromise between the rival railways IT seems that
after much discussion discovered that the Central
was inadequaely represented majority Of the committee
being absent and accordingly adjournment to Thurs
day next was moved and adopted. In cannot be denied
that the unsettled relations Of these great has much
tc do with the unwingness OF the public TO invest in
railway property 50 long the strife lasts tho public will
not be likely to buy any railway for investment Rock
Island the prominent Of the morning. the re-
cent report-of which, usual the figures have prema.
turey leaked outthc quasccrainty that the October
dividend will not be paid and the contest with the steam
boat the Mississippi which understood to be
approaching crisis, all tending concentrate attention
upon IT, II opened a fraction lower than il
closed Saturday, and without hammcring, de.
cncd Il per cent, tie bears coming in toward
the close and selling n few small lots. Nearly 1000
shares changed hands The other Western stocks were
very quiet; Gaena and Toledo both shade lower:
tie Michigan shares the Central falling Of x per
cent, the Southern, common II the preferred 4; Nil.
auwkie and Mississippi steady at last quotation;
note a sae OF Cleveland and Pittsburg at ~ New
York Central opened decline OF u and Lost ano-
tier quarter before the board adjourned; Eric was
dull at Saturdays price; Reading In which the business
a
vercd before the close Of the board some prominent
shorts deciding to their contracts. The bust.
ness bank stocks unusually light the only sales
being lot OF Merchants Exchange AT advance OF H.
and Shoe and Leather AT last price There hardly
anything done 10 bonds and State stocks and change in
price The In Crosse land grants steady at Salur
days advance. The market closed dull.
Al the scond board Rock Island was lower and wore
most OF tho speculative stocks. Pacific Mail, which
was very active IN the morning at Sigh, al.
vance yesterdays price, declined In the afternoon
to the old figure. The shorts this stock have been
badly hurt The closing quotations at Kowalskis after
the board were-Ne~ York Central, Tx n; Eric, N
Y; Reading, AK " Michigan Central, 81 u Michigan
Southern ga. y; Illinois Central 70 Vi Galcna s2I
y; Toledo, s2S " Rock Island, OF y; Pacific Mail,
wax The market closed dull
The basners Of she Sub Treasury today rs fol.
Iowa
Total receipts. Observation-Disclosures. s32s.529 u
" which from customs ................ 10000 90
Total pnym 5lssW IL
Total balance. 126ss os6 20
The exchanges at the Bank Clearing House this
ing amounted TO slo,sies2s CO. and Tho balances to
slioo IA Is. The metropolitan certificates stl amount
10 5000.
The receipts az the Panama Railroad for August said
70 show Of s2i 600 the month last
year notwithstanding heavy business was done IN TIA,
month The traffic OF the road during the whole Of tho
present yea has been the largest q any former period
the freight business especially being Immense, and taxing
the fun resources of the company.
The Galveston Nrcs, referring 10 the Galveston, Hous
ton and Henderson Railroad has the following para.
Graph -
We have sccn the signed and executed In Bcl
eium for 10 900 ~ iron towards completing the above
railroad IRON Houston 70 Henderson. This iron will be
sueient nr ITO miller We have seen another
tract executed Antwerp for carrying and delivering at
Galveston the above IL 900 tons u iron.
Statements hRy'rg been made IN certain journals
noutng injurousy the Atlantic and Western Rail
way enterprise 10 which referred the other day we
arc requested say that with regard TO the Ohio portion
Of the Toad the charter spua,cs expressly that "ony
sixty per bonds shall be issued The amounts Of
money actually expended upon the read and that 10
this condition the trustee. Mr.. A. G Fagg, Of this city
Las strictly adhered. n that s 400 900 Of
these BOMBS or any Of ,hcm have been ILLEGALLY issued
The Pennsylvania portion q the line eutted to
$4,000 oco % bonds, without rvnteo~ These s2o0oooo
have accordingly been Issued end W a he hands q
trustees In London. WIN are ham ihem 70 The
parties furnishing money and rails, M the isalmcrts Of
these latter are supplied u that any 5000 600
of mortgage bonds included IN this negotiation. The
company receives seventy Ave cents The dollar for all
bonds issued These assured, The flcs Of The
case. The Statements to the contrary believed TO
\ emanatc from hostile interests.
The earnings Of the Eric Railroad for the month Of
August, It's, were ~
Earnings August, lsS7................... bSoSlo AZ
lecreasc.A sfbSSso %
Il