The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-24

+, Scluckhardt Gep- Jas. IT, Kings Sons 500 Geo
This large shipment made not cover bills drawn
.ris week against well past busncss the
reason being stated, that the
rate OF insurance on specie shipped in ocean steamers
viii be raised tc fall risks. part Of the above
shipment will BE- in silver, but the bulk is gold
that the total amountwll be 50 500 600, the aggregate
kpment from this port since January will be S55,
ls COO against $40 600 900 to date last year
The cause Of the unusually heavy gold shipments this
year is, Of course, the heavy mporations of foreign
goods. The dry goods table which will be found in
another column r for instance, explain the phepome
From that table appears that Of dry goods alone
this port has taken January nearly S92 o6o
worth against $40 400 900 10 date last year and
$50 500 GOO to date in 1857 and il viii also be per
cev<i that Notwithstanding se ruinous prices which
many classes Of dry goods selling at auction aud
notwithstanding ,l1.umi,,ed gut market, mper-
atouE last week 81 800 600 against 81 100
same week last year. and 81 100000 week lsa1
The country happily contains gol enough to enable the
banks Il stand the present drain 80 Europe without
venence thus far the penalty Of te excessive porta
cons Of u.s hss fallen exclusively on the i'm
perters.
Exchange On Europe s very quiet There is a scarcity
of commercials bills, and sellers have heen enabled
tain high prices for them hear of SAILS Of fair bills at
1o9s1 40. Tie leading barking houses ask 1l0A Il
any busness has tsen done above T. For sight bills
London 10 l1e asked by the correspondents of the
Rsshsohiis Francs held $40 for sight pills aud
s 1875 13% for the usual sixty day bills.
The money brokers report rather demand for
money! witton any change Of rates. This arises pro.
baby more from temporary uneasiness among capital
lists caused by the prospect The large shipment to NOR
and last Mondays bank statement than from any real
increased inquiry Cerreni rates low that lenders
would gladly advance; have withdrawn their
funds from the market for the present. partly in the hope
that rates will stinen next week
Business the Stock Exchange opened with some spirit
this morning There more orders at the board for
stocks, apparently induced by the late decline At the
close Of the morning session the market was weaker in
the afternoon steady and closed rather dull without
chang 10. -. = . ~ w
), ~ Ia VA VIC Wv purchases; the price
- 'ne me appear TO hare led to ~. s1<
.or, to-day, closing az < CD as
advanced one ~, a. close Yesterday. Gaiena AM
,ssipst SIS at the c.Os s, sc,jve -. sock
island were hxewiSe ..out much change
in the price, ,.ner Western stocks there was very
little dor Pacific Mail again. closing at ~ as'aS
20 Yesterday afternoon The business III state sV'os
and bonds was moderate. Contrary to an ezpccG'ion
which was pretty general the Arabias mails prough u"
or M orders 10 sen stocks European account Inc
furry in London produced by the advices Oh 'iie
amendment or receiver to the Esie HipeN7
10 have subsidized AS soon az iofeigh e''"A'a~
hear O, the inefsase Of traffic on the roaos IN '
- r,, porhana Conclude that, notwithstanding the
,,o r-;swbich had for years been considered
n,be by every intelligent person in this countryside
e merits OF the American railroad interest remain TO be
developed At the close this afternoon the market was
| dnu "a NO So
q: Missouri 6s, ST.. n Canton Company, 173s 70;
Pacific Nail, 50 Vi New York Central, Si3s u; Erie,
Az a al Hudson River, 35i4 x; Harlem, 9}s y; do
preferred, So ~ Reading 4494 Is; Michigan Central,
III Michigan Southern and Northern Indiana, 8 a x;
do guaranteed, 2sA Il Panaa, ~ Il limos zen
trial, 672l 6S Gaena and Chicago, 74A "a Cleveland
and Tedo, 2az ~ Chicago and Rock Island, 6S7a "a
J illinois Central u.s. ssh u SO.
Some little conversation has grown out OF an announce
b. leading foreign banker warning the pupnc not
TO purchase certain bills sold by him. Il seems that he
sold bills for 81 400 sterling to broker who gave his
check for the amount The check proved worthless and
the banker decides to honor his bills According TO
the usual imagine that bona tide holder OF
the bills could recover the amount from the drawer I'M
lees the could prove tina, the holder had notice OF
. the bad check
The following the business OF the Sub Treasury
i. to-day
Sloo,@S9 W
l-oooV w
Payments. Observation-Disclosures ia 1884 g.
81
The exchanges at the Bank Clearing House to-day
3 $16,704, OLE O5, and the balances 1858 o35 g.
despatch from New Orleans announces that the steamer
Of the 9th inst. from San Francisco has over two mil
lions in specie board She will due here on the frs
! OF next week.
The receipts Of the United States Treasury last wee
amounted to $685. 900 the drafts issued 10 81 1853 ooc
/ The amount subject 10 draft is "a 900.
Eastern exchange at Chicago is again reported pc
cent premium. The previous decline to per cent ha
been rapid, and caused such an influx Of currenc
. that the bankers could not control It, In aiew days
/, VIII be safe TO look for decline
u The last statement Of the Bank OF England shows
: following variations as coaDpa red with the prevo
IT week
10 Increase Docred
lie Public deposits .. f26,T
" Other deposits -. :. ....,..., 800. ES28 l57
" Notes in circulation ............. 81, i
G Rest. Observation-Disclosures. 24rsy
r On the other side Of the account
ID Government securities. ........ No chance
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