The New York herald., 1864-10-04
NM
FINANCIAL AND COMMERCIAL.


heavy Considering tbe psevsoss heavy rsosssoa Of
utosy Eric fen OF az, New York Cesiral az
budsos River J. Reading q Michigan sodtheru ~
plisots Central 81, Cleveland and Paseoure ~
CAicsgo and Northwestern Az, preferrcd IL.
CAscaso aud Rock Island y, hlwaakes. s.d
vSsir,s Cbleo lk, Fors Wayne b,s In Sshs u,s
ssslspsoue oho and hssssappi Racad ter,,osas.
ssci.seo Ia, Cumberland Coal ~ pelawaps and HuA
soo oanai 10. ec cksnves ~ Ssrwesa1A ntbiese
Cst rsl was Unchanged. 9
9ove~sDsct goa bearing sclne usder s>e
sew scso asuoancsneal ooapon sazC uf 1851 were "
Swcf ooupon ove tweDsics 0nsl ysar ccrtbcatse ,sd
vsrccu u State elocke aod rsiressi boDds were ute
esd oan% -'ocss were ues'ecsesS After tbe can the
nsses weak acd irregular sn at the seoood board
she ents.e a sbsce lower some OF the
ws<.ess rsnresc shares eS~aIei, wo,ch showed a
uartea deciiDe Michigan Csntra ieE Oh 2 ger cent,
cangc ana Rock Island ~, Cleveland and Toledo s5f
NswaaSeo ~na fra,r,e de- Chen az, Fort Wayne IN
= -Shioagr and Northwestern ~
The del'pe n tne tiier stocks attributed sos.be
rece1t fsiores Of barking houses Chicago Gc~ern
men, securities subm-ed 70 fcrther decline under re-
ported sressure fer nooey. Coaron Ave. were
iowsr coupon ttxes Of 1851 L. one year oeytbsates &
There ~ss no Improvement aud u very ins,ei volume
tssiness done ss ,he cpoa bs,i-past three
eUtrfterwsfds Better feeling prevsned general
sdvss-ce COX place N@
$40 gold opened advance ut<s the closips
proe OF Saiufcay but iiie sJs cuiauve aot,viy was
sfown The rrst quotation lslx, followed by ~
s1vance OF Y, aDa tIeo drop 70 1907 An
fsrovemani at y succeeded, ard then a decline
70 lSs which wac the quoist,on few mn.
utAs past noon u recovered az tieu
Tell away seaiu q, preparatory IA rally, which 4.
hs past oar. carried Il 10 1921 The market has been
bsd oday 10 tie gold corps. oi Beaver
Asc Nram streets hut The regulations the
are oeoesoas io macy OF tie operators
business through brokers. 90 account Of ther
ee'es nlicwed within tue ..rina which preyeu;s
tbesr communicating freely with Ator and
s0sds opportuDily for frai The yrico mbersb;r
c The cid rooD was only twenty five dollars year
while 10 iee new ODE ie S~o buUdred dollars PER
hum ~ brokers Admitted Within the ring and one
n0oored :" those VINO are rallied OF
osoded from operations. The members room
appear Lave constituted themselves = mo.
scpoly, nno refuse 10 sdmu any mrre persons
" mcmterahrp, for ,oe reason, they sleae that
they, tbe members already eusced are eufIcienty
numerous - uansaci all tue cners and
shst y more were admitted y divhscD OF tue rronts
would be tie Daiursl oouseeuenc II lie perhaps hardly
worth while 70 nhe particular notice Of eucb class
these eoio trokers const ,his attempt Al mo
sopoy viii work It's rom Int Of pnblic ss
eaobs IN pold specnlatcDs be against the
sosb WHICH theee xln sndeavor 10 get up
An"ns themselves for their special proAt and
ssasenty se ibe ,Djny Of itoee wbo employ them AS
stere n's re gold BY ali et be oreD
she pobnc peni as ,be necessary Zee The attempt
~ make u exclusive = 10 Ierp trste ,pusi ce
ssob % IS deserving OF condemnation. III
The forty million been as mush the
topic Of conversstOD n Wall street to-day mil,
NY stSuatioD 10 Virginia, snd lts cement
sDssd general SURPRISE especially among
government securities. ecmc bo~ever, ore disposed
70 attrstoie the failure OF The ssock market 70
secine opder prospective Tightening c the uooey
Uarket 10 consequence ~ The besys who cold short
Assv,ly tcwards the close Of last week, onder
hAsCbsl lDiiDstioCs Thai new loan forth
scnDe, discounted the event Bu, ,hn
sparbaps qoestonsts sOd probably . better sypIapa
49, Of The absence OF markeA decline bosrd this
n0rDng " 10 be found prevailing belief thai
ssAa viii nos seriously deranee tbe money market, al
enough viii iesseb Of icaoab,o al the
AisIosai OF the banks which VII 70 spccua.
sops for rlse but under tbe preeeurmed demand from
Shs Stock Exchange, tbe viii be Of conseque
Ne requirements we're large snd speous,ioD active
~ sSeEi, 1--we cent o' ite amount Of The
b~L taken certificates of Indebtedness, tbe
ssJssncy dram VIII be only spnts millions rot even
see wh.ct ordinary money market could be essry
ei wal lead 10 increased CAUTION TIE part OF enteTe
Ecpesaiy and lie effect will be contribute 10 The
pss-sng uncertainty with regard 10 tte future ard by
sae;og So vie resircto Of credits aDc consequently Of
speculation, increase The general Of nseoorhy
which MY possby add le~ sodtonni names 70 tle
hi Of isa-es Ibe tde WI, be received IND The l4ln Of
October sud one.1aH he of accepted osers
puss be pad iDe 1oib, and Tie remaining hsx ipe
Slss o. Ot,etef |
The unsettled sisls a stock market has indicated
tbs feeling q brokers and operacfs and al COS % abe
sbestre or Tor tee Of ibe fo,are II Grsni
succsssful geld will sc much lower vii
sympsthze with d part.alIy whe Grmpese vii te IN. /
parted &c government bopds hs colo and stocks lave |
already deced enormouty, there not tnst for
farther fall u tie present state q the Daionsl dsnt
which would Otherwise attend military .yccssres
Nevertheless. geld is stu selling al gher preniun
I,so tie circumstances Of the pa'ton ,ostIy
There great depression ttre opening q tie 70.
sooe Exchange to-day land general eeclse Q. prices
kcoh place, save PORK which worked % cnder
speculative efforts from City 10 dollar per tar
se onAer sbort supply. TINS howevc, Afterwards
ssss, bs os.Ds quotation any csnls lover
MAJ Saturday Flour declined 25c 5cc rtr barrel.
wheat &c per tusner lc. &C. and oau ic the
Whole msrse; having dovuwhro !eneescy The tbsn.
sial havoc thai working among ihs rosrcers O tb
s.eo the banking houses iDeIe which are involved
wtb them Q consequence Of be frodaee rarie tbouid
se, syn Ct events tnai may ssoD happen hero sud
Now darser Of WORKING against tie rs,crs' course
- tte nsrset, Influenced ty The decline o. cold.
The back statement foI tie sh.ws increase
ssposis tie preceding q si,ltl,is2, and o
s34t C26 he sirsns,l q the terg titus
noreseee the returns pe sdered isvorsce.
-. specie sverige however, shows deslpe
ssDi Of xe. cl9, which 70 te accounted for BY tie
sbpmons q act vees ,n,alt,ns a. tc fe0s Cos and
siDoe January te So ,oss,alc.
Ito made to-day ess we're 81 sevop rer ctci
wit considerable activity Tbo busreSs 10 the Gcyors
eSt yss tomlnG owicg 20 DE c'sirUsi Of commercial
t~rer witch hss oeen Increased iy tue fslarss u
ssnsere and otncfs chcseo lsore referred a. Tie
ysee have been cucteo from fifteen Iar soL.,
Win hoavier sas~.s q ,bc general naisei
Forefn exchange = inactive. Bscseu sss 10, .hsJ
tUs bik u Eas ssc 1cS slts tbd fof lsf si tLree
nsyF loQE = 10.
fhe bosiueas o nt tstT'ess,ry tcdsy NJ fCl