The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-14

We have this evening the mails from Halifax; but
they contain little beyond the summary sent on by
telegraph. The latest advices from Liverpool report
the stoppage Of Messrs W. B. Jones & Co., ship
wrghts. The liabilities are believed TO be small
The return from the Bank Of England for the week
ending the 18th of July gives the following results
when compared with the previous week.
Public deposits. .s3 Gao .443 Increase . fsst sos
oher deposits. Is OBS, 46l Decrease. o5s 80
Eest............ 3s0i 33l. .lncrease.... 1O7 523
! On the other side Of the account
| Government securities .El0 bs7 476 .. Unchanged
Otner securities 15,s4o 0s2 o.. Decrease So IT'S
Notes unemployed 1909. 2e5 =. Increase 225 $50
The amount Of notes in circulation is f2O 400 255,
being decrease of fl96 ,375, ard the stock Of bull
lion in both departments is cit 2e2 s06 showing an
increase Of f49 s69 when compared with the preced
ing return.
satterthwate in his circular says
Money continues very easy bills being discounted
a. * per ctIt Copso remain quite i'm cosiog 95T{
N for money, and account The improve meet Aeri-
con securities noted last week made turtle. pro
ucos: the marked advance Is IN Illinois Csrirsl
purchasers OF large amounts, both Of shares and bones
having come forward
The French revenue from customs has fallen Off in
the past six months three millions of dollars.
Foreign exchange has not recovered from the re-
action which began on Wednesday. There Is not
h'h ben1itnH hVibb some
Of the large drawers are doing nothing at all. We
quote exchange London 1904 1884, the best bills
selling at Il Paris, IL l2i, with transactions
at the higher rate
| There was slight attempt at a reaction In the
stock market this morning. As usual on a falling
market when the public are not participating in the
game the brokers have overdone the work Of selling
stocks on time. Far more shares have been
han
and the consequence is from time 10
time, a reaction ia market values. These
reactions must Of their nature continue to he merely
temporary and brief ~ long as the public holds
alocf from the Stock Exchange. How long our ex.
citabe and riot loving community will adhere to the
sagacious policy Of abstention which they have 80
steadily pursued this summer Is now the question
which occupies the mind Of every broker; for ON il
depends the future course Of the Stock Exchange.
As compared with yesterday afternoon New York
Central rose this morning a per cent, opening
very weak and dull, but closing firm and in good de-
mand Erie was also better; Reading 4: Michigan
Southern 9; Galena 4; Toledo I; Rock Island
.. Hudson, Harlem, Michigan Central Panama.
and Illinois Central steady The small business
that done in bank shares was at the prices las,
quoted Among the bonds there was sale Of Erie
convertibles at an advance Of per cent over the
last transaction; the business generally. however
was light. In the la Crosse land grants a few
transactions took place at yesterday prices; the
Chicago, 50. Paul and Fond du Lac land prlnts
receded fraction State securi,i,s were generally
lower Mssouris fell of ~ s5-a fall of A per
cent from the price at which they were quoted a
few days since; cause Is assigned for the decline
The new United States fyes sold this morning at
lOi, interest off, which is equal 10 LOG, at which
rate il Is 70 be expected that many Of the fortunate
bidders will submit TO part with their bonds Pay.
ments on account Of these securities continue 20 be
lively The United States sub treasurcrs are kent
pretty busy.
AT the close Of the first board the market was
strong the feeling lasted throuo hon, the afternoon
board. Reading rose per cents Central, 4; Rock
Island 1: these the only stocks in which there
was any considerable business done though the mar.
ket generally sympathzed. The secret Of The rise
is Of course the straits in which the bears are placed
by the extent of their short sales The closing
prices after the board, as quoted by Kowask were
New York Central 77a Erie, i6t Hudson. % F.;
Reading 49, Michigan Central, 5gl; Southern. ga;
Panama, 1884; Illinois, 7st; Galena, $50; Toledo
3i Rock Island 44l Milwaukee and Mississippi le:
Pacific Mali, s3I. The market closed steady, with
ont animation.
The business Of the SubTreasnry was
io'A receirr 1ys27,59e %
Nnica ror customs ................ l25.O00 % 4
stich on account Of loan ............ i1o50C0 on
s...s..s..s..sss.s. lt9,416 OF
g. NLicti oNtorsia drafts ............ $4,000 o. /
~ isnce 64gles Is
a a IN. - a. n N