The New York herald., 1864-09-18
FINANCIAL fND COMMERCIAL.

sArrsrAy sept 17-6P NJ
The stock marse, opened sprlt this morning,
coLtBuea s,ueg,sb aud irregular tl tie close OF
business. A. compared With the lates, secrro board
p r,ces Of yes erdsy Erie declined al The nrst board y.
Ii adson RIVER n, Rradcs \ Fort wayne scvsrccd 4.
Cleveland aod P,ltsburg y. New York Central hehi
sau soutpero Ihuo,s Central and Chicago and Nurtl-
western were sltnuut variation. iu the miscellaneous
list ooio Mississippi cerncates declined aud Cum
berlana Coal saa Y .Nssiver unchapled Aarposa
ard Atlantic Man I'D al FRIDAY mornings quotations.
In government s.ou' tiles there wss not much sclivi
ty, but the market on tue whole nrm. The ch,ef
TRANSACTIONS ~ere N the elk pr ceut bcrds and ceruu
oates iudebiedu-ss, Five-tweaes couprnl advanced
u aud sold iioA y coupon sixss. 1851, les !.
one yer ceruacaes. e4S n; teufortcs advanced =,
selling sts71 seven aud three tenths IT asury noies
adyanced i srd sod ~ .l0,a Ill. sac socks
dal And the ioow iag bids made:-leanessee es,
o. Virginia 20, MOI n Carolina 8s, 6l Missouri 6s,
sx.
Railroad cnds firm and coal stocks slsh,y
active bat baIk aud mining shares we're wltnou auas
toA.
Az usual Saturday there was no second board.
The dreoi ine ,cy OF railway and mscelaa
snsr,s he general stagnalon which has prevailed
Stuck x,hange or less continuously sI,e The
sweeping panic Of asl spring. are likely to continue Tor
tune tlesr, sad, therefore, the MAJORITY OF tho
brokers the bear side, and sacrifice the buis
p city mrth al n n own ie.sure. Indr their manipu-
I4ton ths market IL liable 10 occasional spas medic
acti a, .,s.y spasn = deooy. Sometimes out
side operator may have the luck 70 make py one OF
these movements, bu. where he MAKES ho W Il
b likely TO twice, for he works complete.
ty In the dark aud the odds are, therefore, heavily
against him, unless DO is content to slow turns
aad has eugth enough 70 carry his
indefinite time during which, on market Ike this, tho
prospective eaten away by tie interest
aud commissons These last very heavy, and form
large percentage whatever gains there may be. The
government Of tenth OF per cent par the
sale Of every share OF stock making nvc dollars each
hundred, q oow sdoed TO the ordinary commission OF
AID bali dollars the purchase and the
sale and thus operator has pay thirty dol
lars, exclusive and stamp tax leans, FOR
every transaction OF . hundred shares. The bro.
kss might ind n more 70 their interest
70 pay the tax out OF their cofpmisson, for
then they would PROBABLY mako IN the long
far more than their CUSTOMERS and the increased
business TO which 1t woh'd be nkely TO lead might DO
sSscted TO result IN than sufficient
toe part Of the to counterpalAnce the direct
loss produced BY taking the payment Of the tax upon
themselves. And, by The by. whom the government is
so much In need OF money it that collection o.
this and many other taxes has YET made tbs
city under the law' Stockholders in particular
their customers trom day TO day and there
fr m.k ng them oepost.ries Of public funds when
We have mushroom crop Of national banks
to perform thu useful service for tho eovernnan Tho
aschery tor tue COLLECTION Of only but
oil over the try s ridcuousy detective, and But
for ibc tr1tt m Of individuals IN making it their bus
ness pay their the receipts this source
would be considerably less than taey Ias ectors
sDoud De to about like policeman and see
b. ~ promptly applied to. and, necessary, sued Al
pesent II itubs taxation NOT choose to
trouble himself about Tie matter he enjoys practical
muny from IT, and we know o, hundreds Of
pcrsons soe to b9tn income and license under
erst law h.ve rover paid dollar towards them,
persoDas applied to. or pereUptory called Upon
BY notice to pay
Tho gold market. according TO tho Indications yes.
terday exhibited s increasing weakness 10 lower quota.
tions The opening price 222 ~ followed by
ssnce Of ~ IL then declined &c 22Ozs recovered 2c3
and sn back 2zIx After advancing 22s again it
dropped to 22i. from which steadily 2es =,
which The quotation n, hxlfpast four O'Clock p A
The crippled "bar Clique Is employing every effort 20
susaiu the premium bot il Is mlotant % prevent lur-
thar decline as tbo Quotations next week and subsc-
quently will 20 Ia ovs. ihe gamb.ers, wbose ssmpa
tbies with the rebels, kewne dong tne. lest
to buoy ~ the sticking market, and lie TO be Hoped they
che wholesale trade In foreign merchandise is (
little better than At . s.suds.iIi, ssd ss prices |
FOR goods ef all descri iptions failing heavily, |
that the retail dealers, w.ih whom the people 4
are brought directly ia contact, should reduce Their l
prices some allowance Is of course 10 be made for tie
stock hand parch Asrd high prices but
some abater eut ana 10 justice ought 20 be made ia
WOW Of lower prices 10 the Wholesale market; The
taors always made rate or proat BY far high on |
10 many cases, nearly doubled it. This s unfair The
public and should he severely discouraged III great
o the people have 10 reality received ess and had
to rsy eversthos d0ruF the las, tbrce years
than before lie Suspension. and there wny
email SECTION Il tie community should Be sudsred 10 pay
the barpy uprp all the rcst
The mouey market Ia easy cal! loans seven per
sen and ,ns supply Of commercial papsr onersd for dts
count rs diminishing Under toe d;iacutes which nave
lately attended ~ uelo, st"u. The cpmoa rata fang.s
rom niss twelve per bit few rrst class
are taken bt Foreign excbsagc inactv, srsual
"a Saturday. The quotations Tor leriDg for bankers s
s los ioss. Win do~awafd tendency. owing 20 he
limited denasi. Francs are .oted Al sos 5.i0ls,
With business dong
Tho business al The Sab Treasury day vas as FOL-
lows
Receipts for customs ACKNOWLEDGEMENTS. tiGo,0cn
Roospts ror government Ioan.............. s5.ooa
Pay ncns. z.s.J sG3
Bssnce 24s3os, tao
Tne shipments q specie today amounted 10 $50 70,
making TOR the wccs sccp,73S II We add 70 this the
shipments previously reported nnd ihe total srcs
January I 1904, 10 be ss2 SCI 80
The tcla Imports al Nem York for the week compare
a. follows will former return -
j. ss::. s.. ls ts,;s d slsf s i;s ,s.
,n,.i a. T-.1-. /. 90, a., ux 80 y --u.Iy osslt.,
Tbe Su~ York imports Of dry goods compare ~ sis-
towp with irrmer rsIurns:--