The New York herald., 1862-10-02

Toledo. u
Y Central .lOi)s lo4,i Chi \ Rk Isld. soH so>s
Erie. .......... 501l 50ss Chi, ,Bur& Q RR 81 a
Erie pref: s3h ss1s MI M \ rr a. M ch saha S5hf
Harlem. % a 22ls Demand notes. 119 "a 1l914
Money is in good demand at a per cent five
being nearer the exact rate than four. Certificates
of indebtedness fell of to 9oH this morning,
fresh supply having been put Oh the market. The
speculation in stocks promises to afford capitalists
. good opportunity to use their means for some
time to come.
Exchange sympathized with gold this morning,
and at one time bankers signatures were done at
1879. They afterwards rose to 1857, and closed
at l34L 1861 Demand notes fluctuated be-
tween ll9l4 aud ll9A, closing 1877 bid. The
last quotation for gold was l221a; the payment of
million at the Sub Treasury, in the shape ofnterest
on the October issue OF the 7-30 notes, naturally
caused the market to decline. The prevailing
opinion in Wall street at present is that gold can
not but advance in the present condition OF affairs.
notice is published from Mr.. Third Assistant
Postmaster General Zevcly directing postmasters
not to recognize postage stamps which have in any
way been soiled The public have been put TO
sufficient Inconvenience by the present condition
of the small currency without any fresh trials Of
their patience. 1t is chiefly the fault Of this very
Mr.. Zevcly that postal currency is SO scarce. He
had charge of the business of getting it engraved
and had he been willing to act on the advice of
persons more experienced than himself il would
now have been supplied to the public AT the rate
OF over 800 900 day, instead Of $27 900. If peo
pie are still compelled to use postage stamps as
currency, Mr.. Zeyely is to answer for it. The pub
lie Will be perfectly delighted to discard them al
together; for more detestabe and troublesome
currency could not be invented by the ingenuity
Of man. But SO long the new postal currency
cannot be supplied in sufficient quantity to meet
the public necessities, and people have no choice
but to postage stamps it is too outrageous for
officer of government to declare that the United
States will repudiate these stamps when they he
come soiled by handling.
The sinking fund bonds OF the Cleveland and
Toledo were sold at 80, not 90, as the types made
US say this morning. They sold to-day at the
board at 1929
The business Of the Sub-Treasury was as follows
to-day
Receipts Observation-Disclosures. S7I83 3l8 f9
Tor customs ....................... -, o.
Payments ll4s sz2 ca
bdsnc,. 2Sl ,s59 81
The Arabia from Boston, to-day took out $500 900
in specie.
The exchanges at the Bank Clearing House this
81, ,2O4, 1877 co.,
There was considerable Inconvenience OCCASION
ed to-day among the bankers and brokers by the
inadequate supply Of revenue stamps.
The Cincinnati Gazette of Monday says
For money there was little cemald, and The marke;
may quoted easy 10 per cent good paper Gold
unsettled under the adyices from New York. aud
quotations. arc little better than nominal There
Closed firm ut II premium for bankers checks.
The Chicago Tribune of Monday Says
The week closes very easy money market. Bank
glad TO take all the legitimate business paper
is channels Nearly every department may be
reported active he banks report New York ex
change shade closer while few Of the heavier discount
houses are glad to get rid VI IL al very small fraction
above PAR The range given by different liouses was
"a Lie, y is the more usual iigure Aconnue
ID OF customers at par. The market, Judge from
the average .. reports, Is abundantly supplied.
We read in the Boston POST
Copper stocks have been active, influenced by favor
able eports from the and by The price OF cop
per- which held BY OF the companies q cents
The product the Minnesota s small aud probably VIII
be for time; but the stock has rallied 5s. Ma
tona stated TO look iooy but the stock has advanced
10 2s1,. Rcckland has improved IS by some the
said TO look well, others say that the working IN
the south vea, Which has been the work Of hope will
NOT pay Cor the expense o. an engine &c but as conner
looked through different colorcd spcctices,
Is hard 10 get at tss mors, and ex.
pericncc Goes those aho have lost the most money
)pper spccuatinns have been those who have known the
myst about mines Quincy has been urm at 45ts 40
lewabsc suddenly advanced ON Saturday 10 30, and
Franklin, which la all probability viii he the ncxtdri.
dcnd paylg mine, has been in strong demand, advancing
saturday to 35s Ise E0yae has been active NJ nom
IL to iS inc mine getting over MY IONS re month at
copper of several thousand dollars per month"; mud IL is
stated that the product soon wi, DO Increased The all
vance In Central II remarkable and the stock Is very
scarce at about 81 is said that the stock has berv
bought largely by New York parties for futuee results
is ass stated that orders have been sent from ,hc
tak ake nj