The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-09-03
Since Jan. sl34, lbs sos sl24s7ss8s s1ll ,45sloo
The Boston bank statements for the past three


At meeting OF the stockholders OF the North
American Steamship Company held yesterday, the
following named persons were elected directors 70
the ensuing year:-wlam II. Webb David BOWS,
]. c. Bancroft Davis, william Fl. Guion, Charles
Dana, John 8. Williams, Pickering Clark At meet
ing OF the board of directors held subsequently Mr.
Webb was chosen President; Mr.. Dana. Vice Presi-
dent, and Mr. Hugh Mcclellan Treasurer.
Chicago journal OF Monday says that of late
the banks have in general accommodated all their
regular customers with loans when they produced
the proper colateras though the oanable funds are
very unevenly distributed among the banks. orders
from the country for currency continue but the calls
are not SO heavy as week ago. Very little grain,
however, has been received yet from Wisconsin,
Minnesota or Northern Iowa. and the currency
needed to the grain in that section is likely to
keep up the country demand for some time.
The Bank of England return for the week ending
August 10 presents the following totals and changes
from the return OF the previous week.
Rest .................. f335s.9f9 Inc. fs l6l
Public deposits. ....... 2,ss42a4 Dec. 22!,5 s
Otner deposits. ~, l7ZZ44 Dec... oa,tso
On the other side Of the account
Government securities .sts, 7so1M Dec $500, 900
Other securities. ...... 16,1H757 Inc. 2442s
Notes unemployed. 10, 393325 Dec. 295, ll5
The amount of notes in circulation is SPA ,4l0,
being decrease of s2s7 $780, and the stock of bullion
crease of 52S when compared With the preceding
return.
The return OF the Bank OF France for the week
ending August 20 shows the following changes COM
pared with the previous ACKNOWLEDGEMENTS
% s0Of.; bills discounted. 57,s0O,OOof; advances.
6,oOo ooof: treasury balance 7s5Oo,oOo current &C
counts, 20,00o,000f. Decrease-NOtes, $4,000 0O0f.
The large increase in the Treasury balance is ascrb
able to the receipts account Of the loan and
to preparations for such payments rather than to
any great Improvement in trade must be attributed
the great addition to the discounts. The bullion now
stands at the enormous aggregate Of f52 O92, 900.
A London weekly remarks as follows OF the con-
dtion and prospects Of British monetary and COM
mercia afrairs:-
The ease in the omen market rates OF discount
which we were led to suppose last week would follow
the turn in the bullion tide between here and the
that the general demand for money is strengthening
sufficiently to enable lenders az body to maintain
the advance of x per cent for first class short paper
which has ruled during the past two or three weeks
and which has resulted more from the anticipation
that permanent rise might follow the late bullion
mand for capital. AS regards future pros
poets, advlces from the great cotton markets
and the spirit of enterprise which has now for so
long remained dormant not only as regards this,
try but every other, wil It ia to be hoped, long
find life under the best Of all inNuencesthat Of
bOuntlful harvest In many countries besides our
own.
correspondent of the London T'ines thus refers
to the continued speculative activity on the Frank
fort Bourse:-
The Frankfort advices describe continued ac-
tivity on the Bourse, Notwithstanding the desire
OF business people for an interval OF re'axa-
ton. In July the excitement at Vienna, where
subscriptions for new banks, railways and
tramways follow in rapid succession, prevented
the Frankfort bankers from taking then
usual holiday: and now when that excitement has
he a
New York has given stimulus to transactions In
American bonds. As there was considered to be no
perceptible reason for the sudden rise in the pre-
MUM on gold beyond the payment to Russia for the
purchase Of Alaska, foreign bills being offered at
New York below Official quotations. the reports about
the harvest being satisfactory, and Congress the
plague of the State creditor being In recess" the
violent advance looked upon AZ result OF job
bling operations, and the large amount OF stock
offered for sale by New York firms was readily taken
at rates one and half per cent above New York
quotations. the dealings for the past few days having
amounted to many millions Of dollars.