The New York herald., 1864-11-02

b0oussioo ivt tuS buuuou although IN the
afternoon vague rumor was pu, afoas to the
Lee was menacng Grant, aud that Shermans g position
was unsatisfactory not un,ensbe. Speculation In the
gold room reso,ved itself contest between the bulls
and bears, aud both the rise and fall were actively dis
puted BY the respective sides.
Tnc disposition TO operate for rise the Stock Ex
change received fresh accession strength from the
upward Of specie, and the first
beard heavier than any previous
Iast March just prior the great stock panic which
wiped cut tho financial existence Of . large
operators and few reading brokers Tho
oiessg quotations compared with those the
board yesterday showed tho Following vsriatious-Erie
advanced 6K New York Central AZ Hudson River s,
Rsadtog 3k, Michigan Csntral ~, chicago and Alton
IN, Alton and rerre Haute Michigan Southern g. I'LL
osis Ceutrai 2x Cleveland and Pittsburg 3, Chicago
and Northwestern X preferred ~. Cleveland aud To-
Ie1o TX. Chicago and Rock Island 3k, Milwaukee and
Prairie du Chen IN, Ptsburg and Fort Wayne "a ono
and Mississippi certificates 1k. Cumberland Coal 2K,
haupssa 2. Quicksilver *, Canton Company ~ Ella
and Hudson Canal 10.
Government securities strong. Coupon hve.
twentes sold al l02 the last half years interest cue
to-day new issue 1ol. The interest the dates
from 70 day Also Coupon teniorties sold at o. one
year certificates 95S ae5A. Skies OF 1881 advanced
Ak.
State stocks and railroad hoods arm. After the
slightly lower.
AZ the second board the market strong rregu.
Tar. Erie compared with tne morning rates anced
q, Reading " Michigan Southern y. Illinois Central y,
Rock Island ., Fort Wayne q New York Central Il. Hud
River declined az, Cleveland and Ptsburg Gov.
ernment securities firm.
AZ the open board. at hair past three ard afterwards
On the street, the market higher. Erie a, LOG
and buoyant feeling prevailed.
IA vnarIo 10 fo.o
oeot under an active demand from the Stock Exchauge
Commercial paper not favored The rates for first
olsas are from nine to twelve per cent.
mo latest advices from Europe subsdenco
OF tho disturbed feeling In fusncia and
mcrciai circles which has prevailed for tho last
two months. On the contrary, the semi.pauic
u spreading wider than il was at first con-
fined TO- and the prob bes in favor of an aggra.
walton Of the prevailing d,srust. Money is becoming
scarce and consequently dear all Europe The
Bank OF Engands rate OF discount is nine per cent
prospect OF ns shortly advancing or even more
Tho Bank OF France has raised It's OF from
seven 70 eight per cent The Bank OF Holland has nd
vsnced It's rate from six ond half 20 seren, besides
having given formal notice OF . large cartanent Of
Credits and the Bank OF Turin has raised It's
per cent Tho elsewhere at the same time We us
ioilows-,n Vienna, 6; in Berlin, 7; IN Frankfort
sX; In Amsterdam, I, IN Brussels, d; in Hamburg, g.
IS
In Eugasd the derangement OF the money uarke, aud
tho depression In the British trade was threaten.
ing serious disturbance OF labor the manu-, ,aci ing
DISTRICTS and very gloomy feeling prevailed, while
the failures occurring from day to day were
creating great havoc among other houses
whose interests directly indirectly involved
ts evident that the crisis OF affairs has yet
reached there All this state Of things has been
By tho OF the in this acting upon
an uuduly Inflated system Of trade and finance
Britain which had It's origin in the stoppage OF the
Southern trade consequent the Tho ef-
fects upon this country OF the critical condi
tto0 OF matters In Europe cannot. 10 any
case. be seriously unisvoeAble Our exports
may hsvo 10 be temporarily reduced, our European
creditors win draw upon closely for what owe,
snd possibly few Of bonds may be back
sweeping panic should set in. but very lightly
indebted 20 Europe. The temporary check upon
ports would work benefit than inary at home by
kssplnx down the price Of produce; and bosds
nearly all hold in Germany and Holland. Moreover tho
foreign buyers get them entirely cheap eager
90 ssnd them back to
Inc buyers Of foreign exchange on this side are OF
course made grsa, caution with respect to
oamos 10 view Of the dangers abroad but drawers hold
with nrmness at the following rates:-Bspkers sterng
sixty days, lO9 bree days. 1lotI s1lo4. Merchauts
bills offered al 1oS 1857. trancs range from 80
70 6I5.
The United States Asssan, Treasurer reports to-day as
follows
Receipts from customs. s.................. Sl22.0o0
Iota reccipw' gs5.294
Payments Sal 926
subscriptions TO government loan ......... 1T COO
The aggregate exports Of produce and merchandise
lexciusive Of specie) FOR the Sc aslss.