The New York herald., 1864-09-08
FINANCIAL AND CONNER GAL.

wFnyEspAr sept 7-6P.N.
stated tina, the ASSOCIATED banks have deposited
twenty millions OF legal tender notes with Designated
bank as safety fund and agreed 70 use the certificates
Of deposits At the Clearing House Tbs utility OF thus
arrangement however, We are unable TO see, and we
doubt its efficacy.
The stock market betrayed symptoms this morning OF
an effort to rally IT, under which quotations adva ced
but the subsequent sinking or the market showed
weakness and Tie futty OF feeble stimulate
an advance Just apart from the unsettled feeling
which prevails with respect TO the future the money
market very sensitive, owing TO the prospective
the thirty nslf millions OF 1851 bonds-bids for
which opened the 9th inst-n bile causes
operate TO niinidate spectators for rise from ven
turing upon heavy purchases There is doubt what
that an active speculative movement the stock
Exchange would result IN stringent money market
call loans but after the balance Of the 1851 bonds
paid FOR the danger OF this will be great extent oh
waited; and We anticipate, as one OF its results.
large increase OF the volume or business on
the stock Exchange Railway shares are decidedly
cheap al their present quotations, and an easy
money market confidence in the future
are tho only requisites to advance. Neverhe
less for the next days will be the power any
strong party only to check disp ,sition
operate this direction but TO depress the market be-
low the lowest OF the recent quotations.
TIE majority OF the speculative brokers and private
operators who have been absent from the city Tor the
last two returned, and these are Of
course, anxious TO promote activity, and consequently
At the least likely to less OF that
which has distinguished the market for time past
The rate for call loans Is stl per stock
houses and the demand is fully supplied The Discount
line coutnaes active ut eight per cent for first
paper 30 twelve for ordinary The close scrutiny
with which signatures have been regarded OF late and
paper ofet ing and there strong disposition curta
credits smoug the mercantile community. There has
been very little demand today for foreign exchange.
Bankers ask 100 for three days bills London but
lower rates are submitted Francs quoted from
5.l31i 5l5
The gold market has bean without any remarkable
feature odsy The legitimate demand is small but the
shorr contracts" sustain the market, may induce
higher quotations Toe recent heavy fluctuations have
caused several failures in the gold room. The price
opened at 242h and after advancing !. the market
weakened and minutes past four p Al. the figure
was 24oA.
The stock market buoyant to-day, and prices
ranged half to per cent above tie of Tuesday
Compared with the highest cash sales yesterday
New York Central advanced at the first OF
brokers' board to-day cent Erie Railway lK, Hud
son River " Reading ia Michigan Central y Michi
gan Southern Il Illinois Central ia. Cey Gland and Pitts
burg y, Chicago and Rock Island TX Pittsburg and
Fort Wayne IL, Alton and rcrre Haute IA, Chicago aud
Northwestern IL Cumberland Coal y, Canton Company
l, Quicksilver Mining a Msripcsa 81 and Ohio AID
Mississippi certificates =.
The market in the afternoon not 30 strong and
the advance Of the morning not fully maintained.
The Assistant Treasurer reports to-day follows
Receipts from customs. ms................... f25y 600
Iotai receipts. 1921 760
Payments. 4,s55,3Il
Ea!ance Is e33 3o7