The New York herald., 1868-02-22
FINANCIAL AND COMMERCIAL.


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FnDAr, Feb 2t-6PM
Gold opened q l4ox this morning. and after selling
a lAox advanced steadily to l43X N2H. tho latter
having been the latest quotation on the Toe
Port that the State authorss Of Maryland would lake
measures TO prevent the collection or the United STATES
revenue there until the senate rsosdes from present
position In excluding Philip X Thomas had some effect
In stimulating the bull movement bat the main cause
sf the advance WAS the that the President had
removed NJ Stanton from the War Department and
appointed his successor dd tri and that the Senate
haA appointed committee 70 wait upon Mr. stanton
ana advise him 10 retain his ofnos asy orders 70 the
contrary from the President notwithstanding THIS was
suacisnty thrsatenipg and exciting 70 cause rush 70
Day geld bat the full effect Of the news u probsby a.
ssady discounted Tue 'phert" interest outstanding 10
conadsrSbls and loans made st rates varying from
three u i've per carrying The gross cears.s
announced - 1000 the gold balances 70 S2sos 65l
and the currency balances to 81, e7o. l0S.
This has bssn day OF renewed excitement on ere
Stock Exchange. and Erie. a. usual Of late, vas shs
1eading feature OF the railway share market, the trans
sctons In Il having been enormous, while Its fuoGna
sioas from Tx 10 o1K. AZ the closs rallied to
Sox. but II has still an unsettled appearance and the
sulls In IL have been seriously crippled oy the decline
Of the last three days Tbs Of the People versus
Daniel Drsw up this morning. before Judge
aarl whom the respondent raised questions with
view TO setting aside the Of the colr, suspendins
him from the duties Of his Office director OF the
Erie Company; but to the charges embodied
IN the Attorney Generals petition presented. his
counsel rsmarkng that no could not be expected 10
snswsr petition within rorty-signt hours which bud
aAken the petitioners three months 10 prepare This
matter was therefore adjourned until WedussdaY next
~ eleven O'Clock, the injunction meanwhile 80 re-
main IL force. What absorbs attention than ih's
ngation. however the prospect OF railway var be-
tween tho Ern, the Keep and the lockwood party nni
Vanderbilt which the legal proceedings supposed
forsshad0w. The extension lius Of about 4 hundred
miles from Akron to Toledo, tn mako bread
gauge route betv New York and Chicago via tho
IRE and Aichis southern liaes - retarded by The
Vanderbilt party throwing down the gauutlst TO the
New York Central and Hudson River Conpsnsas and
ahs Ere Company has refused any longer to
cert with the other lines with respect TO tarl
II through rates Iu other words the Erie directors
going TO make everything bad for the vanderbilt
roads, and consequently tner own they possibly can
- retaliation for ths proceedings commenced by
Mr.. work-who is supposed to represent Mr. Van
derbtlt-aganst their Co o-direotor Mr.. Drew. The
otockhoiders will Of sunse; bus OF what
eessesusncs 10 to the directors whatever happens
ieas ~ they retain tho positions and achieve their
owa speculative endsf Is Ill wind that blows them
w kVOos Inc more tuoy lNseh2 10 damage tn0 pro.
Yerty whioA II 10 their business to protect the more
Asavy they sell their stock ",hort' Wall street.
end they have ct least the satisfaction Of filing their
pockets In this way however much public reproach they
may inour.
There u NJ material change 70 ncts Ia the condition
- ehs noney market lOsns nado less freely than
Aithsrto By savings banks and other institutions At
tour per osat bus st Eve per
b ~ difbcuity 10 borrowing on mixed coiiateras,
aItAeagA the private bankers obtA six In some in
stances for small and moderate mixed colat
araA The bank was Unexpectedly snsavora-
0as. che dscreass deposits soislly being
asoeuaaby heavy, aud this will d0uo legs used by
Ssars ~ an asgumsut 10 their favor There w
Suspeasoa Of business Wall morrow. In con-
sequence OF s being WAshn tons birthday but never
hetsss quotations f,r and gold win doubtless
made somewhere, both ap aud down sowa for
come 6eubie1 spirits thas rest
A. tomorrow will no legal holiday tho statement OF
eAs assoosatsd banks for the week WAS made Up this
Afternoon. and as compared With tho last preceding
Sas shows decrease OF 81. .c02s3 IN ie nj tender
nsss ey6S4477 In deposits, ss2.o,a27 in loans and
3l67eo1S In Specie while The circulation has a,reased
ESQ 72T. The totals Of the las, statements
feilows:-