The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-08-05
FINANCIAL AND CONNER GA.

THURSDAY, August 40 P. VI.
The money market Ia without change, though psrhaps
the amount of money Offering to day is larger than was
yesterday. There s 30 little demsnd for money either
amorg the brokers among The merchant that the sd
Of the past week may perhaps be followed by
Email reaction though the tendency Of the market IN the
lorg is undoubtedly toward higher rates. For de-
msnd loans railroad stocks seven 's pal! to-day.
Exchange Europe is lower and dull. We quots
bankers sterling ITO lloH for sixty day bills And lloh
for short sight At tbese rates ll not to sho
specie to Europe so long as gold remains ct its present
prise The correspondents of the Rothschds, who have
sold bills a. the rates current last week, will shp
specie Saturday; gold has been purchased lice.
wise for two ether houses who are probably also
shipping against bills drawn before the fab in exchange
Til to morrow will be impossible to predict the
90 Saturday From present appearances, however
will fall considerably below the average Of the Saturday
shipments for come weeks back
The stock market continues naniuate and TO effect
concessions infested upon and obtained by buy
There ia pressure OF stocks on the market,
are there, used formerly to be the case, any large
blocks Of stocks in the bands of brokers' which would be
forced by an advance ia the value of money The
public It is evident waiting the earnings Of the
RAILROADS increase before they enter the msfks buy
ers street jobbers IN hurry to anticipate
events. We do not remember q morning board a. which
sold down to SIX sellers option and Erie, vhlcn is
the subect of many conflicting ruors chsngei hands
s. the share Southern guaranteed freely sold
| ct 2cA. Everything a fraction Lover. Tue marSs.
closed dull in the afternoon a. the following quotations.
Missours, So q; Vireinss, % a u: Cumberland II q
~ New York Central 72sl e; Erie, "a ~ Harlem
al Harlem preferred, ss4 7s Hudson River 81 q 81
Reading, A o Is; nicn'gan Central, Al 4, Michigan
Southern, d; Sicoigan Southern preferred, 2o15
a Panama, l,421 IS; Illinois Central Ola "a Gleul
and Chicago, 6s3S S Cleveland and foe 70, 221l "a
nIcSgU Hnu TUX sano Qua I.Iuois OenraI DonIr
| s4 q q; Pacific Mail, 7l&e 70
We repeat the caution have given than once
Of late to holders of railway stocks. Tais the
sell out The street is full Of joboers who have s,a
tocks short for future delivery and who cauno. make
their deliveries without loss unless they in
frightening bona de holders into selling their stocks
Owners Of railroad property should not the purpose
OF people by providing Them with the stock they
need The railway of he United States is mach
depressed but s not dead 1t will recover Already
notice that four of the principal roads This par. Of
the country to VT: The New York Csaral the g1iao9
River the New haven, and the New jersey Central too
more money last July than in July 1858 IS the fan ad
vance, and the crops moved the earnings Of oil the
Western roads must increase Parties who wish TO cell
out their interest in railroads oud vail till busnes,
improves. They then obsin fair price for the,.
property.
The business of the us-Veasury to day was % tol
! lows
lota recelps StI2 400 CT
-ru CueSSnin. I'll, 900 OF
.oia pay 10 'n's'' 27925t 8
bAsnce' ,244 $50 Is
The exchanges st the Clearing House this mornir,
amounted to s2o .sss 20, and the balances to
sl,l31,7A o.
The following dividends have been declared The Ne
York Fire and Marine Insurance Company, dividend Of
ten per cent, payable demand the United States
Trust Company, semi annual dividend of three and bal.
per cent, payable 10th inst the City Bank Of Ha,l
ford dividend Of three and half GER cent uavabe %
demand.
The movement of the banks in the four prn ,pa cities
of the Union which weekly reports are made az show
! hv thei- ae.