The Portland daily press., 1869-10-02

NEW YORK, Oct 1.-The Telegram says the
stock market opened this morning with firm
and buoyant feeling, and considerable activity,
prices rapidly advancing from the first figures
an average of between two and three per cent
The feeling on the street is o confidant one.
The Gold Room has assumed it's usual aspect,
except that the dealings are much less and
the centre ring at times wears a deserted ap-
pearance, The price opened at 1.3O advanced
to l. 80 IL, from which it fell off again to 12O
IA. The loan market exhibits Indications of
due supply of cash gold, and an easier feel
ing in currency. Seven per cent. was paid for
carrying, but exceptional transactions are re-
corded at 1.32 for carrying and fat for bor-
rowing.
The Express says there was more settled
and cheerful feeling in financial circles to-day
than at any time for week past. There was
no legislation of any moment to-day, either in
Gold Room or Stock Exchange, and Wall st.
is gradually assuming its old appearance
The injunctions issued yesterday have been
modified in some cases and the Gold Room
contracts of Friday are being rapidly settled
in some way. Itnow looks as if the gold set
Elements would all be made by the close of
the present week. The dealings in gold were
resumed in the gold room this morning, but
the attendance was small and the business
light. On the Stock Exchange affairs are i'm
proving more rapidly than in the Gold Room
and the dealings were large and attended with
considerable animation. A movement is on
foot among prominent merchants to induce the
associated banks to receive and pay out gold,
and make clearances of gold through the
Clearing House, the same as they now do with
currency.
The bids for q million of government gold
to-day reached two and a half millions, rang
ing from 127 IL to 13O 17-1OO. 1t is stated
that Commodore Vanderbilt has borrowed &c.,
100000 of Barring Brothers, giving ten millions
of Hudson Railway shares at par as collateral,
all the financial articles report everything
easier on Wall street and confidence restored.
NEW York, Oct 1-Evening- day
closes with general reaction in Wall street
markets from the extreme buoyancy of the
morning, the principal exception being in gov
ernments, which remain strong. There was
no new developments this afternoon in regard
to the gold question. Many millions of gold on
Fridays contracts were settled to-day, and the
end of this complicated affair seems to be
drawing to close. 1t may take some days to
clear up the wreck. There were some few in
functions and counter injunctions to-day. The
gold room presented deserted aspect this P.
NJ. which was owing to the brokers being bust
ly engaged in their offices or making settle
ments around the streets. There was a rumor
afoat that the receivership had been taken off
the Gold Exchange Bank, but this was after
wards denied. The president of the gold room
received the following note from the Gold Ex-
change Bank:
NEW GOLD EXCHANGE BANK, Oct. 1. 1869.
Townsend Coz, Esq.-Sir: 1 am directed to
notify every dealer with this bank to send into
the bank full end complete account of their
claims of whatever nature against the bank,
with every item specified to verify their claims.
This should be done at once
Signed. Respectfully,
HI. BENEDICT, Pres't
Late in the day the following additional note
was SAINT to the dealers with the Gold Exchange
Bank:
NEW YORK GOLD EXCHANGE, Oct, 1. $50.
The dealers with the Gold Exchange Bank
will please send in ut once their statements of
Friday morning, amended on the basis of
striking out from their statements the nine
names advertised as rejected ON Sept. 9th.
The names are as follows ALBERT Speyers;
Dormin Babcock; Galway, Hunter & Co.;
b slden & Co.; Zerega & Graves; Chase,
Mcclure Sc Co.; P. Williams, Jr., & Co. I;
Chas. w. Keep & Co.; James Brown & Co.
Signed. CHAs. ID. WOOD, Y. Pres
The State Superintendent of the banking
department is understood to express the opin-
| ion that when these statements are all in the
bank will be in such condition as to be re-
many brokers will be able to meet their liza
| bilities
The Commercial says, in order to facilitate
the outstanding gold contracts of last Friday,
Messrs VIM. Heath s. Co., offer to settle on
the whole of their $4,000 900 at 1.35, and upon
the difference between that and the actual
| figures to pay SO per cent, guaranteed by
l Smith, Gould & Martin, the remaining II per