The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-08-16

WI ssvAte III nh Il new panios troubles this fall
Some Of them, oea1 from ths statement yed relact
aaty 70 he pressure that nov bearing on them Tue
Manhattan Bank, 70 watch we have been oompsusd 70
draw attention moro than Of iate again Illustrates
this week, The very slender wisdom which sees expected
Of modern bank president IL specie has fAlen OF about
$500 900, while has only curtaled ABOUT On, 900 in
loans.
The banks begin business on rising average this wsek
The Persia, which rails Wednesday, will not take much
specie; should the shipment SATURDAY be very
nrge Exchange n quite dull. There are few com mer
csl bills In market ranging from losh * The cores
pondens OF tho Rothschiids asking ll0A and ll0%
but at these rates there h demand Francs are duh at
about l3A a5l6.
The money market rs pretty steady. We bear on one
aide Of loans demand NJ being called 10; but
another, money 10 seeking employment call at six
The rate ia between tho two The best choice accept
snces below atty days, picked up below per
cent 10 the rate for good short paper under sixty
days. for three six months paper first cass endorsed
eight Ii the usual 1gure Siogts names, when very good
go 81 nine or ten for ocg paper rhs market works
though number OF capitalists who hsd been frightened
out OF the field by the excessive imporations were
vering courage and using their money again.
The stock market was firm this morning, but dull
me amount OF oatside business offering very small the
transactions at the board continue be mainly among The
jobbers, who are operating for prodt Of u per CEN
either way. seems impossible to hsmmer stocks do~n
any lower on the ground OF diminished rocsips,
but, ON the other hand, the public does mo-.
seem inclined TO buy until traHac actually increases
New York Central got up high Tx ~ one time TO-
dsysn advance Of y per cent over Saturdays last
at Saturdays price, The advance OF freight agreed upon
between tho four roads u likely TO tell upon the reoeip
Of both Erie and Central. Hudson River was steady
Among the Western stocks Michigan Central was The
mort active 70 day, at advance which hotiy
tested by the bears said that the Boston interest
this stock will probably be increased the strength of
the bountul cYops in Michigan. Rock Island steady
at 81. Illinois Central was higher The Pressdenth
port Of the abundance Of the crop along the ne glow
Ing Pacific Mail done low 90 49, ou seiIars' %
ton; this the reaction from the rise Of last week.
bonds and State stocks the business done was small
prices sustained In tho afternoon the amount
business done larger than usual and prices very
steady The market closed quite firm at the following
qoosations-v e's, % Nj Missouri e's s2N X
Canton Company, lsH 10; Pacific Mail, TAX x; Nss
York Central, 7iH \, Erie, u Hudson River, ~. ~
Harlem, 9k n; do. preferred, Ask u; Reading, 43<
II Michigan Central, 1875 x; Michigan southern
Northern Indiana, 63S q do. guaranteed, 2ll ri Pa
nama 1l5l X; Illinois Central, s4k q; Gaiens ano
Chicago, e4h A; Cleveland and Toledo, l92S 20; chi
cago and Rock Island, 6lx e2<; Illinois Central U.s. IS
*.
According to advertisement. published this morning
$65o,o0o Of bonds Of the Pacific Railroad OF kssodr
guaranteed by the State Of Missouri offered for sale BY
Nessrs De Coppet Co The interest Is per
The statute under which these bonds issued renders
incumbent the State 70 provide the interest these
bonds so that here shall be no delay In It's payment IL
the railroad company falls to provide the money;
special State interest fund has been created accordingly
rhe bonds thus identical with the Missouri skies whiqh
dealt in at the board only that they bear seyen
and not six per cent.
The business Of the Sub Treasury was:-
Total receipts. 325l, $40 90
For customs. ........ ................ $1,000 90
Total payments 567 251 rs
Balance Observation-Disclosures. 5,03t47S 43
The exchanges Bank Clearing Houna this mOrninp