New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-09-21

Market very sc,ive, with upward tendency.
The following correspondence is ve,y satisfactory on
the subtc, refsredto
OyYIcx oT THOMPSON BROTHERS, BANKERS
No. 2 Wall str ct, Newly ORR, Sept IL ISoV:j
be sf on u sGss 5s:ss ySa Tor Ssa The
be S a.: s;s;s issS,1s !:
Sam F Es 81 y the specie into the Sab Treasury 10
An early answer to this inquiry WIN very much obIise
VeI} respectfully, THoMPsoN BROTHERS.
bon HOWELL COBB, Secretary United Sites Tressary
TREASURY DEPARl xxSr Sept H. 1860.
GEsrIksss Your litter Of the 18th !, received The
must deposit the Of .seir &C o.. &c
s rssd "a ls '. & A
BeSe The As. reasuer. there are many other dep0.,..
on the Atlantic frontier s some Of which IL be
to have deposits within the time Of loan
Mobile Baltimore &c. and deemed 70 Be but fair sp
piss successful bad. tts they desired 70 depe;i. :. such
Of the public such pOnt This the res'0H for in
claus, Ss 1sss Sl to- suy bidder
usps. o deposits the Asa Treasurer at San Fslcsco
b. s M d not 81 ssa any Sseo. made
under the notice and ali applications from successful
bid. N 70 deposit point account Of the loan re-
specially Obsdient servant dstbs
To Thompson BHorHras, No. Wall street, New York
The growth of public con idsnce in Railway oecuri-
es can be measured to some extent by the stability of
the market, after material and continuous advance,
period the most persistent efforts have at times been
made to break down prices by walstrset operators,
assisted by alarmsts through the press -predictngs
epeedy collapse of the magnificent bubble" in one
breab and financial panic In the next In the pres
emit case however people wide awake and stirring
having evidences Of coming prosperity under their own
eyes, concluded 10 judge for themselves and croakngs
have fallen to the ground harmless 1t very easy TO
- - ,,1 hal flnlti
cal economy hand for convenient refe ence and thus
taking false premises 10 spin web Of fine theories and
concluaions but such twaddle is laughed at by the
practical burinees man, who knows from his daily ex
pefence and observation that the facts are just the
revere of those upon which the theories are founded
Men ear be told that house store which rents Tor
a. 900 this year. instead of 900 last year should not
be valued higher in the market, and that Railway
which earns or 10 v cent this, against or cent
lat year. ia inflated if it advances 20 cent but the
standard of value much regulated by actual pro-
ductveness that in whatever plausible shape the argu-
men IL presented it is out weighed by the solid
which are convincing than an entire volume OF
theories Confidence once disturbed returns slowly
rrder any circumstances bat if the facts justify 1t,
return it certainly will, whether the property in
proving IN CONDITION be real estate seps or railways.
Thus eight months since, ships could hardly be
sold at all, which now command nearly double the
price then demanded for them, and the reason
lie simply that ships can be profaoly employed,
whereas at the time Of depression they we're unpro-
ductive. The same general law is equally applicable
TO railways which, during period Of business stsgns-
ton and comparative uDpro iuctiveness naturally
considered Profitable investments but which under
changed circumstances command market price TO cor
respond The position we assume is, that various
causes are at work actively which are producing a
great change public opinion as to the value Of rail
way securities The first is administrative reform,
which is inter ded to bring the working expenses of
road to points which will admit Of the largest profit
upon the business done keepog the property a. tie
same ,;S-s .r .hA s.araAsd nf airnay, IN o.as
yods in good working order. The second IL ths IN
troducion of measures TO extiDglish debt gradually
but surely by the establishment of sinking fuuds; aud
the third and most active of amp is the return OF
very large and profitable business These are the facts
which as they are developed and impressed upon the
minds Of intelligent men, work out restoration Of
confidence and these are even now having their effect
Speculation is always the precursor of these changes
in public opinion, and that have had. Next comes
the investment demand, and that has but Just COM
meDced Wha. signifies the opposition of the bears OF
the Stock Exchange if public opinion turns in favor OF
railway securities?
Annexed is the slater ent Of the New0rleans Banks
To- ,ba ,raak andino nj K.