The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-08-01
......s,6, 4c3 asa a. lo2Jg7 as lac a.

Since Jan. Ic3,3 3g a. 191165 IS Ice oG5
The. Boston FPosi of the 27th inst. thus notices
ihe,money market Of that city,
The money market has no, materially changed sin ,e our
last bun are satisfied that It's ter icncy Il tos,res
somewhat higher rates. Boston largely DEB. % New
York end the only why money ms as easy "a
" In state street In its exceeding abundance IN New
York. causing the New York banks 10 ianye their Boso,
balances undTavp. Other thrgs berg equal h,wever
Il natural for a creditor 10 take bis money from
distant debtor be can possibly employ .
VA the fail business soston viii continue 10
ose spece, without the Cf anything e1
trart mary. for instance, considerable Increase IN
the demand fcr money wall street or for rrld for the
payment Of duties OF for shipment 10 Europe Then asp
debtor must always be prepared 70 pay when ealea
upon ana tho appreciation OF the tast Sev York Gao
call for a very large sum from state street at sny RIO
produces and will produce unessy ieeug bere
even u be attended by the probability that laerrelllor
city does not require H. The facts OF the pas w,es MA
~ these views We have lost some spece h New York
and nov run somewhat below nine Millions We hear
occasionally u money being offered IN CERTAIN quarters al
low rates. but general should say there was more
business NJ per cent than o. The bank loans the recent
increase VI which rs chiefly based 90 enc'using deposits,
are very b'gh snd a. htse depots from one bank
to snolber The oourSe 81 transactions the market has
become active II net specially higher. II s not df
ncua 10 place reasonably large ~ per cent The
market y more easily affected one pay or The other
than the case few weeks ago ard have be re-
ioiore reosrsec The period o, very low rates
have pese ed BY sltborgb utre uohnF 10 Indicate any
thing ike high prices IN The Immediate future
We.read in the Baltimore Patrjoi.-
Mr. p. G.. Van Wipkle President ~ the Nor,hre-tern
Virginia Railroad. has returned iron Parkersh1-r and
informs tbs; Mr.. Powell, the Representative OF tho
Brush stockholders in the Marietta Railroad bar returned
from Europe iron fuccessiul negotiation Tor a loan of
money wherowi,h to build the connection between par
kersburg and Marietta and place the road in rood order
The loan, IL Is sai, amounts 20 nearly $500 Oto THIS
when nahed will make the connection bet ~eer Nsrist,s
and P~kersburg by rail- which de.irsb 90 iect
The following suggestive article from the money
colurnsof the London Times Is worth perusal not
withstsndng the obvious party bias Of the writer
The long continued inactivity In all descriptions OF secu.
rifles excs little public remark, yet every one is think
ing Of a. e prospects Of the money MARKET constitute
10 Ridden topic, because thew entirely upon
POINTS involving political suscep~hes u anythrr 20
be- got by this silence? " ashamed Of our anxstex
and feel that have 70 be So the sooner we ex
reuish them by bringing them out 70 open dicule the
better. IT. on the contrary, consider ourselves emit
tied N entertain thorn, shall pot ourselves In more
respectable position with the world by simple avowa 10
that tnec than by mean pretences Of Urcsncern-pre
fences transparent 10 every foreign ration az 10 our
selves calculated 10 weasen respect al the very mo-
rnent when - moot desirable respect should be TO-.
spred 10 tho that the universal dunoss ana ds
trust attributable 10 On neve preparations the part
~ fTsIce. or car be- shown, The fret Mace that
France 8 not nekrg any extraordinary preparations and
the reyt tbai ere tney nigh be vic we'd
With the ,tbv.ctCE tha', Wtstye lLes p8r.ort, they