The New York herald., 1864-09-21
FINANCIAL AND COMMERCE

TuEspAY Sept 1o-e y. ~
- stock market opened wnh show Of nrnness,
vAisa not however maintained throughout the ca
A. compared With the closing quotations as The ssooeA
board yesterday, Erie advanced q hudson River y,
Reading NJ Illinois Central !. Cleveland ard Pttsburg
g. Chicago and Rock Island -, Cumberland Coal x.
Quicksi!yss Mrhgsa Southern and Chicago and North
western we're without variation Government securities
we're nrm coupon hvetwentes advanced u, selling at
All registered lcS x, coupon sirss OF 1881 sad ct
ioTa ooGpon fories At Of and three tenths
nrsxssry notss, October and April lllsA. sale OF
United States s,xes, 1851 made Al l2s ard of cert
ncates ~ s1Ss
state stocks DUH aud sales made at the FOL-
lowing pnces;ielossee Sizes 50, Missouri 90;
Virginia were quoted at 80 90, rth Carolina
slxes 60 % Railway bonds were in better demand.
Bank shares Inactive In the afternoon market
weakened, ana, compared with the sales the first
and thsseoond boards Eric declined " HudFon River g
Reading u, Michigan Seutpera ~ Illinois Central y,
Cleveland and pittsburg x Ohio and Mississippi csrtn
oates u ComoerIandCoal *, Government securities
active at about the moTIlg quotations. There was
considerable IN the gold room during Tie day
Tho opening quotation e25, from which shere was
decline % 22Jgs and subsequent advance TO 22o foi
lowed by drop 22s1S, which was the quotation at
i've P. Nj.
Tho money market Is cay Tor call loans At seven per
ceat; bat discounts still made With caution. Tie
for commercial paper vary from eight 10 Twelve
per cent according quality Thore very little doing
IN foreign exohsnge Bankers ask i0a Z for sterling,
merchauts biias ossrsd It per cent less.
despatch from Washington announces q to the
eject that hE Fesseaden viii probably resign hs 10
the Cabinet before tho lst 81 October, and that
Mr. Chase or Mr. \. Walker il likely 10 succeed him.
This may may he the case;l we doubt the
istence Of any tcuucaton for The report 10 fact at
present II Mr.. Fessenden resigns Il viii be great loss
the country; bu; 10 that event would bo ridiculous
to ronstate Mr. Cease the Treasury Department after
all tue bunders-to use the midest possible phrase-hc
has committed. Ard with regard 10 the other person
mca.ioned objections wanting. But the resigna
or the present incumbent o. The Treasury would be
virtual OF Incompetence his part, and an
iguominious would be tie closing Of
which has been thus far one q utter la.lure-
Both the markets for gold aud railway and ,niscel-
ianeous shares show dropping tendency, which
dsooureges "bulln operators. ard lower quotations
70 be looked fer Gil round. III gold partcu
lsrly the natural course i decidedly downward,
and this unot be arrested by mere speculation
iu the ace promising aspect OF military afairs
Although the of General Sheridan ID not pro.
very material effect pon gold to-day il pavcs the
way 20 its further decue. which is inevitable in the
absence CT any unforeseen circumstance Of great momen.
likely % operate in a contrary direction
The business transacted the Sub Treasury to-day
follows
Receipts for customs Observation-Disclosures. sIs2 600
Receipts for eovernmeat loan .............. 1t6,o00
Total receipts 10l3 $40
Total pay ments 342S .f55
Balance ACKNOWLEDGEMENTS. ............ 10 s1o,a6s
The aggregate amount Of exports exclusive Of s7ece
from the port q New York 70 foreign ports for the week
ending September 20, 1854. was s., l4S 49,
Proposals the Morris and Essex Ra.oad compasy's
ioau advertised, win be received til the 2.lh
rliOuD m STAT
condition Of the leading items Of the Pbiladc phs
binEs for the past and previous week
Laa Nsat Ttis Wed
Capital .Sl3,Sel,o45 1905 $50 Iac.. $3.50
Trau ~! K A 4 IA Fp- q = Al