Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1858-09-21
COMMERCIAL AFFAIRS IN NEW YORK
Correspondence of he R,camopA En3nyer.I

NEW YORK. September lS;n, i. VI.
The rites for money, a- | predicted in one Of my
former letters, have already advanced fully one per
cent on all kinds OF paper. with lees facility IN nego'
f,a,inp hung psprr. FIrst ciaSi names having not
more than 63 days 10 run, are Fix per cent. ana 0Ver
that seven. six months paper iuii'es' very ciiblrr)
cannot be passed better than eight per cent. The
rates for money on call range from tour 10 SIX. Time
loans Ii Va per c-nt on State AGO Government stocks
AZ tbeae rates money IL very abundant. Some predict
a decline, but ia. general Impression IL That these
rates will govern operations until the great bulk ri The
incoming crops nr- moved 10 The s"n5onrd and the
termination OF ID. fail trade, sr The quantity of paper
has very materially incrcn.st, giving more active ON
plnym-pi Tor cap III.
Foreign exchange il quite firm ct the rates current
per the africa. The outwhrd movement in Sprce,
| however, il not large Tor o margin tor pr II III The
export oi California bars. hnd the supply q: tlii=
based upon agricultural products MAJ, II th- i-vsF
subsidies At the shipping ports, neu':aiizs me c:.'cc'h'
lions of SOM, PERSONS rs 10 the amount OF COLO To- GO
forward before the -eHsUn of activity III proiuce Ollie
becomes more general. a further advances IN the
rates for money il almost solely d-pendent upon the
exient of ths shipment Of gold Tor e~xchhng-. QUOTA
rions for sterling by rh- Ful'"n are l09i In i09s IN"
Fulton carried our $5S5, l6S in gold. Francs Ilh
5l2I. IN domestic There is more dong. rs We'll IN
uncurrent money, withou: much alteration 10 The
RATES. Virginia Inon-y -eia al a discount, checks
M Richmond are bought 8: II di-cnunf; P-'-r.narg
, a i; Norfolk !; Lynchhurg :; Dsnvliie /; ed req
sr.cksburg /. Land w.r'snjs have s'lIi .artheF O.
c!in.d, with n do~nward tendency in prices tor soin-
tim. TO COM. Tne Brokers se Indifferent so"u'
buying, white the cemand i. exceedingly small. Inc
puyiny rates to day are s. Il 81 Tor 100 acres; 81 TO!
~ acres; ~ for 100 acres.
Stocks for speculative purposes hrc'nate according
10 auop!y and demand. and the inter-at ot ihe broker
in each particular kind. Many OF the leading ian
cirs are lower than Al tie close ut last Week. Ite
movements in Rock leland, Reading, Michigan and
New York Central. embrace ali In. fucrnating of any
moment. The smaller stocks are more firm.
State Securities have been ex'"iieiv.!y. dealt In,
with a good many ordera from abroad. T-nness-.s
| close at 9UJ virginiss 9!i. tns"ing sod ~ ?3 yes;er
| dav,) Mi,souris Sii, New Government per cent?
Iva
The great bulk of the Southern buyers, are through
wiih their purchasers, and many have returned home
There il. hnwever. a heavy trade with The Johber'
h~er--mprchsn's belonging 10 North Carolina. Nirgi
nia, Kenrucky and some Of the cenira! Western
States. Quite a number Of Southern merchants
some from the southern part OF Alabama and Flor
da, IRE returning by The new route. through Lynch
nurg aud Knoxville, and speak in great praise ot IN
Virginia and Tennessee and E4st Tenn essee aud 'r
GINA Kali Rosd-. and the good living along The route
On- great item, is rhs checking of baggage from tn"
cify all the WAY 10 Atlanta, in Georgia. TUDOR.