The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-09-16
FINANCIAL AND COMMERCIAL.

THURSDAY, Sept Is, 1859
The money market remains the same easy state Bel
uslt who called in loans Wednesday, is again a ready
E1der, and seemed anxious put money at 6x per
scnt The Bank Of British North America is also ready
ban large Sums at but is unable place much and tho
hee German houses have offered to loan at five per cent
There rather more PAPER Offering to-day Some Of the
hanks have shown disposition take paper from
80 brokers at per cent and several large lines Of
rme endorsed PAPER, having four 70 Eve months rum
Asve been taken by Of banks
~ fear Of any serious arrangement from specie ship
nnts Ee ms TO have disappeared. The banks are pre-
Fred 70 do all the discounts that legitimate trade will
Pobaby need The contraction Of bank accommodation
ce May last has enforced prudence and caution in the
SS1sss nc ase d VIII h ss ss s1e sgs
moro heal thy aud conservative position. Prime endorsed
faTer having Elk months to passed today at
pven per Second class paper still remains slow Of
and the rates hgh-varying from 10 70 ID pcr
snt
The excessive mporta.ions have, Doubt, boon tho
ss, a. Of the continued Of confidence evinced by
ssd,nrs in second ciass paper The continued case 10
Money ard nsucency Of strictly first class paper to alb
Srb all the capital Offering must, in the course Of e,
rce CAPITALISTS again turn their attention to second
1sass The security many instances free from
yak than the caned "glt edged" Prudent accommo
Alt.ns egirzsie busincss the part Of the banks
daring October and the season for heavy payments, will
=. n and beneficial their contraction In june
uy August before the fall trade commenced when
Ne business community, having little 10 pay, required
small discounts.
The question what amount Of bank loans may be safe
snd expcdient IL separate question. Constituted
banking syss the duty Of the banks 70 contract
sstore engagements formed and not after. They
have rilh, domestic trade time
~ ar VIII
nsy be reunited to Europe is matter requiring careful
consideration.
The eveMen;s Of specie have been as follows
Acreage this morning SO 1896 l0l
b ceved from New Orleans il silver, paid into
the Bank cf America Observation-Disclosures. 5000
Alance Of faymels over receipts into urea
sIy....- .......s.................. l6S ,O0l
sAipped in The bavaria to-day for Hamburg,
tl2o,oC0 in silver and $3.50 600 in gold. 49,. 600
Average Of Friday .s21 s4s, 100
The Aragowil take from 81 600 600 81 $50 600 and
making allowance for the declining average, there cannot
b. over so GOO, coo III the banks, in gold
The recciptsat customs were larger to-day amounting
b Sl12 COO The total treasury receipts were $2e2777
Pa ments. ...........,......... lW.2g6
0Ahhce.. 3,0l6 ,0l3
IF the receipts $l0G 900 raid N by Duncan Sher.
nan Co, on account Of Mcssrs. Sweeny, Rtenhouse
D., who have TO pay in all 81 400 900 balance OF their
subscription to the last government loan They have
soerty 70 Jay ths sum point where there is Sub
Nsasu and part viii be pac at New Orleans by rsssrs
Duncan Sherman Co.
There has been no business transacted In foree, ex
aaage Tie quotations for bankers 90 day sterling bls
are 40 llo1S manly, few Ito 3-l8 ll0h; comaaer
mastering, loe4 no. francs 6l2h to Is; Hamburg
wy Se;s Amsterdam II AN Bremen, 79h 7ss!
Ihenarket for etock favored the bear party TO-DAY Tor
ane USUAL speculative stocks, excepting Galona and CHI,
pASo, Schch alone of uem all advanced q trle Thu
Dnil chqces are considerably excited at the nubrc
ylanaton Of their peculiar mode Of onara,,, r., ~ M
sputsiders l. rs buyers.
There are rumors Of ds-ensions amopos. ,,s,, ri.
source Of one Of them selling out and rea;,7;,, i,
handsome pro1t, is not viewed by his contadar,,a -
weeisely what they had RICH: expect from him Tho
Nston has been m0oted to the cxpcdiency of chang
ih.ia tactics IL any case, the public so far are 10,
tisesestcd in The matter.
We has been evineed to-day great inisposiou q,
',on time, or 10 buy, while there was mvre 50 70
aces even. declined not only at tine first and S..
. s td, but after the cssng of the board business
A v There Llcs safes Of Gaena ard CHI.
-hs. & Showing reaction at the cioss in the price
-, ,iy week htt Advanced Il ihc board.
=. M sing prices laftsr the bnsrd) Of the leading