The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-10-02
FINANCIAL AND CONNER CiAL.

FINANCIAL AND COMMERCIAL.
FRIDAY, oct. l-6P.M
Money reported by the brokers a shade easier 1t
is offered on all sides and all classes OF securities, at
per cent and good houses with satisfactory coate
rails obtain all they want at 3D. There never was
a time since January when complaints were more general
touching the difficulty of employinr money probably
Specie = understood TO be coming from the country;
alone the Cahawba from New Orleans brings
$500 600 in gold Exchange is quiet and prices are
shade lower The best bankers bills offered at ll0i.
and sold at no. business has been done at 1925
Francs quiet at 512. There will not be much bust
done fer the Vanderbilt and hear Of large
amounts Of specie to 60 in her
The stock market better this morning though the
operations than confined a few preni-
This latter stock once more assumed the lead Of the
market, opening advance Of "A over Yesterdays
price and closing after sales of about four thousand
shares, at an advance Of y per cent New efforts be-
ing made 10 revive public confidence Ia this stock; the
settlement Of the railroad controversy and capacity of
the read TO pay dividends under any and all orcumstan
ces prominently pressed public notice
why capitalists should purchase the stock for
Hitherto, is doubtful whether the aim sought has
any degree attained Though the daily transactions In
Central always large II is clear that they the
there is reason TO believe that all the purchases and
Of the sales made by spectators for spccu
latve purposes. What success may attend the
continuance Of excrtions the part Of friends
Of the company, is Of course vet
impossible to say. Pacific Mail quioter today at a
decline II a per cent few OF the smaller stockholders
taking advantage q the high price to realize, aud both
bulls and bears fearing to move There appears 20 be no
probability that thc organized bull movement this stock
Iaxr xiii 10
tempted. Al 90 such a movement might promise much
better than Il could do los. Panama armcr and
per higher Purchases of this stock said 10
have been made this morning for the account Of prom
ncnt spccnlsors who believe that the business Of the
company destined to improve and rapidly, in
sequence Of the establishment of the British lines
steamers TO Australia and Columbia With the exception
q these three, all the speculative stocks this morning
inactive Reading shade lower. II has carried
90 800 Of coal this week against 70 700 by the canal
Tbs poor business for road nneiysx miles long,
and which must have cost the stockholders by this time
over $4,000 coo Erie !. better with moderate
curry; Michigan Central Il better, southern
steady while the preferred 4 per cent; Galena
u better; Rock Island, a. Ia Crosse fell OF -
with very Ugh, TRANSACTIONS tho land grant bonds
steady at yesterday evenings Improvement. There Il
generally inquiry for State and first railway
bonds. Many persons who have large lille balances In
Rank 20 have resolved 10 invest n these securities
The Improvement Missouris noted n day or two
since have to report small bat decided advance
IN vrgnias Tcnncssccs CALIFORNIA; and Minnesota cights
The Eric 1875 bonds higher by per than they
few days ago the Illinois bonds sell 81, OK In
tcrcs VIC believe That the advance thesS classes u
securities IS marked IN those descriptions
which sought wholly for Investment and which DO
no, NEE, tho public eye Tie market closed this morning
rather Arm.
In the Afternoon at the second board transactions were
limited. There change In prices except Gaiena
which y per cent This, Rock Island aud New York
Central tho only descriptions 10 which there any
activity. Tho closing prices, after the board, thus
reported by Rowalskis-Sew York Central, sla a 4:
Pacific Mail, lc4 \. Panama, 1lssS a Erie I6As -:
Reading, Az ~ Michigan Central 5i4 81. Southern,
e3a a Il; Illinois, II 5s1s; Galcna, Sax Ii Toledo,
3l,s %, Rock Island, e5t. y. The market closed
weak.
The exchanges a, The Bank Clearing House 10 day were
sl7 bs4 TO- and the balances 81 leo 2l3 CO. The Nc
iropoliian certificates remained o. 600.
The business Of the sub Treasury 10 day was
Total receipts ttoe SOS IS
% which from customs ................ 15l 600 o.
Total payments 6ls,&0T Is
In which California drafts. ............ 81 900 %
"a apfo ......... N 247 Az 2,
A. Stewart, Esq., receiver q the Bowcry Bank has
declared ydend q twenty per cent the capital of
have presented thcr certificates and proved title the
ocr n n, receiver AT The late banking house Of the in
cooperation, corner Of Bowory and Broomo street AL
The csbts @, tho hank said have been paid full
1rst dividend Will, it's understood, be followed by
ssotlcr n equal amount
The P,isburr, Port Wayne aud Chicago road received
IN SEPTEMBER 1907 500 lie net earnings are est
mated At $780, 600, against $4,000 last season This
road viii bc through 10 Chicago from The ls T. The 10Th
Of November.
Tho Safeguard Insurance Company about adding a /
cash capital 10 s assets, and will continue business
when this is accomplished with a change Of officers and
year The company said to have done large aud salts
actory business with losses under fifteen hundred dol
afs
The following letter has been published
TREASURY REcufsnov-pAYsEvT oT BIIIs EXCHANGE /
TREASURY DEPARTMENT, August 10, 1858.
SR-f have 10 call your attention ~ the following regu-
ations, vz,--Bs OF exchange drawn by United States
onsus are occasionally presented At this department for
payment ~ holders whose rights derived from
dorsements not made by parties 20 whom such bills have
been dly made payable but by other persons claiming
e act ior such parties by procuraton without producing
~ power q attorney other authority for the transfer
Y te property ~ such btu ~ exchange out Of rs lawful
owner, The accounting officers who bound 20 see
ba % rersr receives money from The Treasury but by
aSlu hiei cannot recognize such endorsements unless
y 'oi cte lf0uf q Their sufcency, which, in the alb
nce ~ The loseq u attorney, may be made by bond
y indemnify IN double the amount OF the sum claimed.
xecutcd By two sufficient surctles
VOWEL CORR, Secretary Of the Treasury
IoWs Nspnf, ESQ, First Comptroller u the Treasury
Annexed . statement q The business u the MIN, Of