Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1859-09-27
NEW YORK COMMERCIAL LETTER.

t"f5'W"DGenre ri he htchM1"d EhqHtrtr
INV YORK, sept. 2i-iP.M
Tie ease in money crcir- .I continues owing probably
10 The light local demand for money hi. week There i.
However Il considerable engaged for the European
tomorrow which Will reduce foreign balances,
hi,~ri, employed rate, uf interest but not TO
al that will AFFECT the market rate Of Interest No
pcrc.pti- Influence other than recall 81 Of the
cheap loans aas carly in the week, Is FELT Ia the general
stock markets The 81 gold going forward
row will probably reach 4: 80 ruptoo large amour,
not without effect upon the street especially IL
the receipts by the Moses Taylor NOV about duel sto be
absorbed uei!aely upon landing ]; Is the light dendu
for capital, 81 the year when there is usually
full eiaoy -it, together with the rcnanin; large
employed by foreign banscrs that keeps the deposits
even and prevents rise o.! interest.
Th- rccen; advance IN sterling bills. notwithstanding We
approaching the active FOR exports i wei! cal
cua,-d create Gneasur,- Ia. part OF Bank manager.
and doubtless We should have bad s'rngency some time
ago Lad not the conservative policy been adopted aud
securities wlc!i, nTOFc collateral kept from de-
p.eci;ing. - in -. The Bank rate j. the las;
w.eS-6 FOR short and ior paper having not more
than - day to The hanks enabled to give rir
customers ali the c1uinolaOa required frDi. their
receipts without materially Increasing their discount line
In open mark; Ir rates favorable, ranging from
81 .s; tas- endorsed and IA ~ for second class
;ar.r Loans upon state .ork- easy be made
Te;Grnabe on call, s;i per cent for short time.
TIE ock houses inraish money with the usual pr!'
v.cre Of using the securities.
ln Foreign Exchange the market i moderately active
H.; common rate being HOY for bankers bills London,
~ G,Idays, and Hoo, III sgh Commercial hills are
,il y,ry scarce aipu h has. been received
number % the larger hou,e. holding oil or lower
rates Much OF the sIece now song Is To cover drafts
drawn fu days ago. The maximum 81 i0i: held by
one Of principal drawers t. doubt Fixed for sterling,
bought with b- receivable, there Is hhcui,y In
buy Ing from regular drawers, ar l", for cash although
;-l'se.; haiL bill have commanded that price
Francs nre.n good supply, with fair business doing: nj
= - a =. i9+. for - iay>.
The i1owin: are she current quotations 10 day;
London Gn days sgl;, leading drawers. iUaGgl0
Lnr.l. n sight tnI short sight, 10. do. .Ilu.GElli
Do transient banktili-, city endor-n'ut no., GLll0.
DO CONNIE !cia hiils ............... lW9l. GIlin
pu do. Wiz hill, fading .lC? Clio
Paris. 60 day Dansr:-' nils .iiik CLjiia
P.s .'t ard short sight, 10 ....... ... jlO&GLi0J
10 Mercantile hil-. ............ 5lI G,5ljE
Amsterdam. IA day ............... 81 a. ga
l;r, men, ~ lays 49,. i9hG s?e
Hamburg, 81 days. .............. 81 3,h
Domestic exchanges quiet. owing the unavorah.
weather shipping produce and freight With falling
o.. IN tie Southern trade there has been corresponding
ecr.as" in uncurren; money particularly Of Southern
fl,!, The rate. continue with much uniformity. and
rather ioxcr II anything In the gulf cities. owing 30 de-
elm. IN NcS York funds The Hanks in New Or
ea and Mobile drawing nj par while at tie principal
point. in Georgia. South Carolina, Tennessee Kentucky
and Sorih Carolina the rates &c premium. The bro
. IL. I'LL