The New York herald., 1863-10-06
l $40, 800 60 ,o&8

Ioors.ss. n.s4os'o seo4s ..m go, 07o
information can be derived. Last week the state
ment showed large decrease Of loans and a large
increase Of deposits This week the anomaly is
corrected-the loans up and the deposits
down. II Is Of course obvious that, under the
operation Of the new public loan, both loans and
deposits will naturally increase together and de-
crease together. The banks. il seems have not
yet taken advantage Of the recent decision of the
Court OF Appeals to increase their circulation.
The small increase Of specie would 60 to show
that the banks did not, as is supposed, receive the
bulk Of the gold disbursed by government for in
terest last week. but that most Of il went into the
hands of the public, and will probably come into
the street for sale. q
The increase Of speculation on the Stock FIX.
change this morning led to rather more inquiry for
money, and st two r. NJ. it was not difficult to
place money a. per cent. Some brokers paid
for large amounts in order to save time and
trouble. A. general rule, in very active times,
most brokers would rather pay full market rate
for money than spend an hour in trying to get
loans at 4 or per cent less. There is no change
in debt certificates or mercantile paper.
Gold jumped up from i43 this morning TO l45.
closing this afternoon at that price. Exchange
was l58 q 1857. No special cause for the ad-
vance was generally assigned, though the seces-
siOnst sympathizers had number of stories o,
disaster, "a usual. We hear of arrangements being
made which may exercise powerful effect in keep
ing down the price of gold; and il, A. is iniinat-
ed in well informed quarters, Rosecrans IS prepsr-
ing TO renew the advance with every prospect of
success. a sudden decline would not seem unlikely.
AT the Treasury Department the advance above
lao is regarded as unwarranted and not expected
to hold.
The stock market was active and buoyanl this
morning. rhepublic were free buyers of stocks,
and there was considerable confidence expressed
in the market, more so than for some time past
by the late panic; several weeks have elapsed
since then and new men have entered the field
with as much courage and perhaps as much money
as their predecessors At the morning board TO.
day Pacific Mail rose 5 per cent New York Cen
tral 4 Erie q, Erie preferred 4 Hudson River 2,
Reading "a, Michigsn Southern /, Illinois Central
II, Pttsburg la4, Galena l1t, Toledo x, Prairie
du Chen 3, Fort Wayne ~, Terre Haute 21I.,
Chicago and Alton Z, Alton preferred 2, Marietta
and Cincinnati lst preferred q I'd preferred g. Cum
berland 2, Canton u There is growing dis
position among operators 70 handle the low.
priced stocks, partly because they more
easily carried than higher priced securities. and
partly because paper money is calculated TO in.
crease the iq!gin,ic value Of every enterprise in
the country and thus resnscitsie properties which
lave fallen to low figures. Thus IL is said on fair
authority, that if the business OF the Canton Com
pany femains as good as il has been during the
past three months, statement will be made in
which the stock will he shown to be worth par.
Cumberland also looked very strong to-day. Old
Southern was extremely mcrcural. Al one time
this morning il could hardly he bought at 81 s and
again, in an hour, II was offered at So The pre-
sent bull party in this stock seem to know whst
they arc about aud are not in favor of any sudden
advance. Cleveland and Pittsburg was very strong
to-day, the buyers being generally willing TO take
the stock on sellers option After the board, and
at the one p. ". call OF the public board. the mar.
ket was generally strong. the exceptions being
Old Southern, which fell of per cent, and
Harlem. which declined .. At the second
board Hudson fell Of two per cent and Old
Southern was done az So, agains, 9is. in the
morning. The sudden decline was s.cribed to the
appointment OF new committee Of the board TO
issue of stock. A. soon ps the call was over the
President Of the board reported that b. bad had o.
interview with the treasurer of NE Michigan
southern Company, who announced his villineness
10 lay the whole AFFAIR before the board. and to
present The board with written statement drawn
up hy the counsel OF the company, showing that
the new issue was perfectly legal and regular.
This seemed to quietthe apprshensions q, holders
and the stock in about minute from ss 20 -.
The general market was better ~ the second
board Erie was very firm, and there appeared
generally 20 be willingness to buy stock, which
wa resisted in some instances by a few bold opc
ratoIs. Pacific Mail rose per cent and Pitt burg
=, At the ioar p. NJ. call the narAvt Was d. ong
The following we're the closing quotations o, the
day.
us Ga, N,reg losf ici Esreu lilo s1A
" s6s, sicog.lee. lo1 Aarem Drei iSo N135
nsb, csr,ife'n sosf 90. rcn Central la. Ia.
American rold.lb l4ai. Men soathern tst, ~.
v'iessver ~ A. kcl 60 eid...l56 sls
esrlas s%St" CO. s5x e., Ps. ..iieass.iS.
Isctc MAIL, 22.is l3i GAers h chi. III slli1
central. lst3s sl3s. Ioedo. ..lls& lleA.
PIE. .......los .lesi, ctiA Rock Is Iss.s sIessS
kFi rrsfsrred.iekt alo5 fOrt Wayne " a..
Hid,on River. .lS5's Ala PraireduCnsa TINa q
The Court Of Appeals Of the State Of Maryland
viii meet at Annapolis on saturday next. and his
expected that the jadgmen, in the famous case Of
tine Cumberland Coal Company against the Hor-
man Coal Company will De rendered on Monday
From the course OF Cumberland stock II Is IN.
ierred tina. the judgment will be favorable TO that
company, especially ss some heavy order, lstefy
received here have been traced TO Baltimore
II Il is the Cumberland Company will regain
possession of the Hoffman nine. snd II prudeDily
managed should become good property a. the
old coal stocks.
The business at tue sub-Iressury TO-DAY was ss I
folows:--
Kererts s.ssssssss.,s.s s..sss...t 6IbsSbs 80
--fNr '.lpmH llAY5ty Oh
Psvmets ........., ................ 312A,sp 90
beancs ...dvAZo,Vjl ~
The coinage of the United States mint at Phila
delphia for the. month Of September was As fol
lows