The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-08-20
The Boston Traveller of the 18th remarks: =

The Boston Traveller of the 18th remArks:-
The late excitement has subsidized anfthe money mar
credit whS have the right kinds Of security to oer but
rather harder in other Loans short periods
cent he best Stocks but for longer time the
rate at the banks elsewhere is seven and half Pour
endorsed paps, OF the rs class taken G the
ut from nine TO twelve per cent The stock market con-
tnues dull both for solids and fluids in the absence Of
many outside orders to buy. There are not many sell
lers, and prices are sustained with few fluctuations.
The Chicago Tribune Of the 18th Observes
The great failures and forgeres in New York have
been the theme OF conversation in bank circles An in
yestgation develops the gratifying fac that most Of
bankers who doing business with the Ketchums
have very small balances IN their possession, not ex
ceeding $4,000 TO $4,000 in the aggregate. Most Of
causes withdrawing their active business from that con
cern and placing their accounts with the Fourth Ma
tional Bank OF that city.
Tho Mobile Register thus speaks of the cotton trade
that port
With better supply of freight room ut easier rates
and some improvement in domestic exchange, buyers
came forward freely to-day, and took fully 500
bales irregular prices without any material change
The demand not only better, but more general,
eleven or twelve purchasers participating In the business
We quote ordinary at 30c 32c, good ordinary at
SSc S4c At the same time we hear Of low middiing
having been sold low 37c and high az AGO. and
barely low mddlng at 3SKc.
STATEMENT or COTTON FOR THE WEEK ENDING THURSDAY
EVENING, AUGUST 3, 1885.
Stock on hand Sept /, 1894 bales. ......... 45I5
Arrived during the week .................. Is, ass
Arrived previously 100 25s
Total. ............... 100, 2ss
Exported during the week. .............. 1920
Exported previously. ...................I lis, 20
- l2e, 0eo
Stock on hand. 4,l5a
The same paper says
Piles Of cotton we learn awaiting transportation
NJ aims and nth noin n mi but
refusing 10 pay twenty-five dollars bale freight TO the
steamboats, The result is that feet Of cotton flats is in
process OF construction, which is q cheap method OF
transportation commendabe TO both agents
and private owners.
The Cincinnati Gazette Of Thursday has the following
pretty close investigation establishes the fact that
the accounts Of Chicago bankers with Ketchum Son
Co. drawn close. The whole amount OF balances
in their hands will not exceed seventy five thousand
dollars Abrokers house in this city, of the part
Of which resided In New York. and held close rela
tions with the Ketchums will probably suspend to NOR
row.
The Delta OF New Orleans Of the 18th inst says
We have but little change 10 notice in the general
ke but In our leading staple the demand has been more
than the ruling rates Of yesterday or even at the
mencement OF business this morning, The sales more
over have been to liberal extent, comprising 1000
nearly quite IN s that
terday, none Of the particulars Of which reported
This renewed movement might be expected TO increase
fho supply Of domestic exchange, but thus far its nnu-
ence he's not been very perceptible
The actual stock Of cotton on hand last evening was
eighty thousand 1--WE hundred and sixty eight bales
showing an excess over the morning account Of one
shousand eight hundred and ninety nine bales which
hardly much was generally expected from the
don N which the old crop coming forward and the
usual number Of additional bales from waste &c The
rst bale Of the crop was landed this morning from
the steamer Fashion, and promptly sold by the con
signces Messrs Ober Atwater Co., at the fancy price
Of nfty cents. Il appears 70 have been picked and
gnned in hurry but Is OF good color and staple and
chased middne. This is three days earlier than last
year. when the rst receipt was on the 1lth Of August
The following table shows the receipts and shipments
OF nour and grain 81 Chicago from January TO Angus
9, for four years.