The New York herald., 1864-10-21

The feeling In Wall street with regard TO the future
very unsettled b deters spcculators from making
any bat very moderate variable but rather
sluggish Market with only spasms OF activity is gen.
orally looked for on the Stock Exchange pending the
Presidential election.
The meeting OF national bank representatives from
various parts Of the country. which held at the
Astor Beuse yesterday closed IL proceedings last night
alter appointing . permanent committee to protect
uonal bank interests, in other words to do nothing
During their conference these used gentlemen stated
their grievances, and thinking the advantages which
IgtsAtion has conferred upon thsm fewer than they
serve. they, like many Oliver Twists "ask for more
Thsy complain Of having TO pay taxes to the govern
msut and they not only want 70 be shielded still
than they sy act Of Congress, but they desire all
opposing banking interests TO bs removed The state
bank system h In their eyes, uiquity which ought to
bs abolished They regard themselves the pets Of the
adminstration and presuming upon past fayors they
SEX 10 become still more than they already favortes
OF the Treasury. Edmund Barke, In the Of
fsaediA suggestions to Parliament relating to the
national finances Of Great Britain In 1850, made .
marx which aot inappropriate 70 these depos
soeies Of government funds in own coun.
try. He said that all subordinate treasures,
the nuresriss Of mismanagemsnt, and as
ssturally drawing to themselves much money
ss they can, keeping h long they can account
Ing for as late they can, ought to DO dissolved.
foey have tendency to psplex and distract the public
accounts, and 70 excite suspicion OF government
beyond tho extent OF their abuse.r
Many Of the national banks are virtually sub.treAsu
ries, aad such in them only element Of
weakness TO tho government. All the public funds In
sheir possession much lost the Treasury the
ume being and, apart rromother objections the sys
ssn, II gives 10 the Treasury Department the power
ss extending benefits 70 one bank which II can 70.
fms IN her The hA Inns med IN
favorttis thore telling how far undue privileges
may be extended how little security the goyernmen,
may for the funds thus deposited. But without
going deeper iuto examination Of the Chase banking
system, hak that at the preseut time this meeting Of
bank representatives sngusrly uncaled for and in
udcious similar action had been adopted In the
OF private individual under like oirc crmstances would
have been simple impert,nence. AZ It proved
little better q farce and, ending nothing, Is
may be accepted Is failure.
The demand .Or loans from she Stock Exchange
Is light aud easily met At per cent. The
discount line continues inactive and rates are
changed nrst class signatures being taken at from nine
twelve per cent and ordinary at twelve to afteen.
There very little commercial paper offering, owing 70
The dunessio trade and the curtaent Of credits The
,adsposition Sne part Of lenders to discount inds
rriminstely al the same time continues.
The Withdrawals OF deposits for payment account OF
Inc war lave been slightly OF the proper
dle today owing to many persons being anxious 20
lake up bonds for the sake OF the interest
10 gold but the i1aux OF currency from tho country
soHssq the recent Treasury disbursements aT
" prevent sirngeuoy
Tho foreign cxcGapze market Is nearly stagnaht.
Bankers ask 100 Tor er long and 10 for their short
date bills francs arc quoted al 5.l2a516.
1he United states Assistant Treasurer Ia this city
rsnorts 10. ia az follows