The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-11-04
Markets.
LONDON MONEY MARKET
[From the Cork Examiner Getty Articlel, Oct 241


LONDON MONEY MARKET.
lfrom the Cork Examiner Getty Article, Oct. 24l
LONDON, Wednesday morning Oct o. 1861
The London Ncios City Article Says
Yesterday tho funds advanced onecighth per cent In
tho morning, owing 70 tho increased the money
market, combined with tho favorable tendency OF cont
mental exchanges. In tho afternoon, however relapse
took place, in consequence of fall the French Bolrsc
Discount market continues TO be largely supplcd with
money the best bills were easily placet yesterday at
three per cent
The London Times City Article says
Tho English funds steady yesterday, with
tendency 10 Improvement, which was checked by the
ceip OF dull quotations from Paris, The Increased abun
dance Of money and the indications of its probable con
tinuance, from the favorable tone OF tho continental
exchanges, caused numerous Investments Ia be mads,
and stock for delivery IN the foreign exchanges
Yesterday afternoon the rates were generally shade
yesterday Gold Ia about per cont dearer in
London than laris The demand at Paris for bills
on london continues active, and tbs agents Of
she Bank Of France have made futthcr slight
advance in the terms at which they viii draw on
Messrs. Rotschild and Barring. IL is evident that
in the iace OF the credit Of e. 900 900 difficulty will be
peenced IN preventing fresh amounts Of gold being
mitied to this side. The market for Brit All railway
stGcks steady yesterday, with little doing Ianca-
shire and Yorkshire and Midland showed tie chief Arm
among tho heavier stocks.
The London Times City Article says the resumption Of
god reTtanccs to tho United sta,s IL singular but
wholly nnnportnnt fact The certainty is Just strong
eyer that IL The war continues not merely shall
witness the drain Of specie from that country, bm
pension 81 cash Payments The gcrfnm,ns fendime Il at
tie rGte n fi00 600 600 sterling per and irh =, II
only fl5 ooo ooo rita al aeir peopie s;saoGca 10 tie
almost ia industrial yrsii, the Vnied STATES mat
suau fo0a year " yeGy 10 oce'aauioe e1atioaal
st9o oftde 0us MEAL The idea tia, under their changed
circumstances and with $40 oc0 900 sterling, nearly
half cif usual exports, cut of by tho cotton blockade
they may now, for the first time, begin to fill their
Golfers and draw away The supply OF the rebels s the mot
ecrcou,0ry dSSumpaioa, thG, cotid be en,eririned.
IoSpc X, "Wednesday evening, Oct % 1861.
Funds trm, with slight Improvement. IN other depart
mens Of stock exchange the only movement OF import
IS fail of hc-cgs PER cent in Southeastern ock.
II is reported that the amount Of bullion in the Park of
France has decreased by much oo0 600 francs
since last return: but feature considered s more
rions is the quality OF the paper which the hank holds
large portion Of is believed 10 consist In bills of build
ing contractors which have been already several times
renewed, and which must be renewed again Ya1
ts Of Iares IN Paris be suddenly Yocn out Of
ieork
i0NpoN srocK EXth iE-0rssfSG PMeEs-tonsois, mo-
nev, 922x a 4: do. account. 92is *.
CLOSING PRicIs.-Consos, money e23s ~ do, account
922 rs.
LONDON, Noon, Oct. "a, 1861
Consols are steady at 92is x.
Shares duh ana Inactive Canadians without change
American a little caser.
LIVERPOOL COTTON MARKET.
iavERrooL. Oct. 2i-i2 NJ.
Market still advancing. Sales probably about 20 00(
bales imports 10 33S. Previously, 90, ISL.