The New York herald., 1864-10-06

July ..................22S 2Se
August ............... ....23lx 26lx
SepteMoe oer...........l6o 3o4p
II 10 evident from the above thai there 10 still consid
erable room for further decline Of the premium
II we allow that the quotations duriug January fairly
the value OF gold in relation 70 the currency
for neither the national debt she currency has
creased since that time extent warrsnsing ad.
vance Of forty per cent par
There strong disposition on the part Of outside
sreculstors the Stock Exchange engineer rise
aud OF thsse pron,ug by the extremely prices
at which railway and miscellaneous shares selling,
have come Into the market TO day and hence the i'm
provement That IL would DO possible, with strong
"bul" combinaton 10 put the market up considerably
connot be doubted; but in order TO sustain COM
binatiou would require 70 be equal strength TO TIA,
the "ocars OF the Board OF Brokers
ter are someShat dormant at the present moment they
have interests 70 protect In the shape Of
Increased "shorts" to . very large amount.
and with the credit they enjoy among other they
can SO 70 work, whenever favorable opportunity pre-.
sents ITSELF and cell the market down in which
would seriously diminish shs previous profits Of the ops
rators for rise W
Il an inusputable fact Wall street brokers exist
upon :he losses Of outside spscustors Tor they
70 prey upon each other continuaiIy The eontss,
would. a. the present price Of iivlog especially
soon lead TO mutual exter mnaton, after the manuer
OF the feline combatants celebrated legend OF XII
kenny Therefore is the pc'cy bears to 10. the
bulls n occasionally for the purpose d ultimately siau7h
terins them they strong enough for the operation
At the rfesent time however, the cbaSces u favor
OF buyers. prov ded tnst escars commercial panic
bat, IN the event Of such contingency, the history OF
1867 would be repeated with aggravated ruin. Tbs
capital Of the try theu largely in
vested 10 railroads and other corporaie pro-
perty, and when toe idea was c, cevsd tina, All this
was worth little nothing ts contseon spraad snd the
senseiess panic ravsged the whole lntry Investments
are now more divided, aud larger amourt il held
10 govern ment securities than any ihers, s1i saoId
there be panic under present circI nsiances IL x1id
iend 70 the transfer OF capital from other oy,snts
into government bonds wa,ch would be likely 10 al |
vance under the general bavol 10 commercial analrs
Tho produce speculation Is being gradually beaten
down lnerswss further decline N pork TO day u
boc u ger barrel at ths opeuns followed bovevcr
by raiiy), i5c 3oc- 1our &C &c in whc.t and
&c &C. III corr Toe trade IN general merchandise csn
tnues sreltY depressed aud The prevailing sense OF
security amor the nercaaihe community Eas expert.
enced nc hbaem a. lie ndspcsition 10 extead ubi:,.
tons o credits = opposd to sciivity and proonsei
and lower prices IKE 10 characterize the
dug markets for time to upless cnapge
10 the military sit1a;oa Should gve upward tan 70
g..
Tue anaacia sG.tion which h.s been going forward !
elsalu he sidthrru trade bas, wo learn 81 the
las. stttmcr rts.oI ia Tue .aro Of the Leeds Bank
ing . ,ay iSGuen,al joint 9, cx assoc,a;on, a-d
threstsus % collapse ol the many pc.a bubbles hrt
have been of all Great Britain. heavy fail
d vooi,en trade attended tie stoppago Of the
bsos, and every similar bank failure win result 10 more
less e.arnercla rsin The advance In the Bank Of
Englapd Pate dsccuut IS operating 10 favor OF NJ r-
crease u the eserve WITH tue liability; bot
IA ral1c
10. uoay smong tue muh-, joint stock compansst,
al o. l4so fate hang a Considerable extent tho Tor
tunes = 4 arge portion Of mercantile community;
TOR The has been ovstradng Tor the last
tnroc years, and fnglisb mrchants dnrius that tune
I've scea spcSulao=s those OF our osn csns
try The reoe oao according 20 toe latest advicss had
cecued heavily In Europe federal securities had I'm
proved IN ptfniber "a nrctwen'ics wero quoted 10
sodon =. aDd ~ Amsterdam st ssA. s
ststensdt wss ciScoiatsd q sho.t lime ago 10 the
lee, tAat ,ac pefro oeuA produce q Pennsy,vsaia "a
49, A. IN usd lhe wells, amounted 20 ssspoo.ooo,
he h eoss and iron product yisdei only sSi ooo.o 600
I4,ics Liwcycr thas inc yie'd o. oil during tins
,riod 81. asol, millions o barrels. wniea, essi-
msea ~ tii fsr e;be average price for the pre-
vloa, year-arss ss2ogo 600 only The pig iron minu.
fsclures we're lie 100 900 tons, the ave-
rage price wbch $50 per ior making $s1 ooo
The ylSl 2,too,cv0 tons, ths avofese
price q wticA nas s. b. yer toD. making sIs.Oooooo'
Ibis stairasat gses value o $4,000 coo 20 the IRON
aud Goa J. V4aei, sinsi a. ,t0oe Tor the oil prcde
The mouey .aagkst shows change call ipans %
good colateras ari vide margins resdily mot at
seven yer ccnt; bat nomiaerelh pr dicuit OF no.
sotiatiop 1ns rai.s considerably, repsinS from
nine 10 ai!een per or n.st ciss signstgtea tni
much biaher shayes are suor.iited names that
would have Ions beea sccerea Al the ordinary
market rates.
The Iarge disbursements Of compound Interest notcs,
amounting 70 so s40 .O0o during tue month Of Scpten
Ter have yet had eject upon the money ukeis
a, tbe great centres the pay nsvDs been cbieay
20 the my aud navy the tendency Of those after
little Wbiis viii be favor of increasing ease The
pollc o. ufatng the currency, /. pursucd by Dir fes
sender after The example his predecessor in oce, Is
% be dprscatod and calls for the attention OF Congress
When u assemblies
Foreign exchange 10 inactive at former rates her
chants bids England offered st io8, bankers al
an advance Of y per cent Francs are quoted as
Bl0Abl4
The following stocks aud pcuds wsro sSS 10 day By
Adrian II. 1uller, J. 4. wilkiu. A Co..
By@ rrre sxcporos % Hu n B,l>v % Grad
a. 900 kes York AID Harlem Rt. Sd mort ipujs
r aooc, int. Jan and Jgly. Al. .OyD each fO2 v
t00 Natcrtown and Rome Rk n e mi bds
due 1881. nt hsrob and ss,a. 81 70 escb 10, Y
800 Nes castle SD Hlchmood KR q q s35 each nj
o. sbaree On cako and Mil.sok,s RR 90 sioo earb ia
10 Washington fife Insurance Company SO each laS "
o. Prookiya Central and Jsmscs Railroad $40 each lao
Bp svd<y Of "a nscnor n he iaEs SsSsa O. L,s.n 10 .
tsI shares fhe1ix Bank, $40 each. 10.
ies Mechanics fiAnk, s2b each lDE