that class of property has become active. The frontier of the West, and the restored facility of the railroads to procure good freights, has had an important influence upon the stock market. Most descriptions have undergone an important advance. The values of the leading stocks on the New York market were as follows: These stocks represent nearly $150,000,000, and they indicate the advance in money value which has taken place in the whole. The effect of this is to make available an immense amount of property which has been comparatively dead during the past two or three years. The revival of value in these large interests causes a greater circulation of capital and promotes the apparent abundance of money. This subsides from the temporary rise that manifested itself in August: The improved operations in the stock market caused some demand for money for the moment, but there was no permanent effect. There was nothing then to cause any demand for money or capital. A New York Central Park loan for $250,000, 6 per cent, redeemable in 1876, was taken at 3.14 per cent premium. The State of Ohio offers for a loan of $6,000,000, to meet a loan falling due, and the Secretary of the Treasury has issued proposals for $10,000,000 in a 5 per cent stock, payable in ten years, according to the act of Congress of June 23d, authorizing a loan for the redemption of the treasury notes outstanding. No offer below par will be accepted, and the bids will be opened October 22. The present quotation for a United States 5 per cent stock is 103. The advance of the season showed a growing ease in the market. Notwithstanding the prospect of a large export of cotton and corn, there is nothing in the immediate state of those markets to attract investments for speculation. The ease in the markets that has prevailed so long has kept the importations well paid up, and the rates of bills are getting lower : 5.14 a 5.13 41 a 414 41 a 42 36 a 367 73§ a 731 15.. 9 a 93 The export of specie continues well sustained, and already there is some uncasiness abroad at the prospect of a drain upon England and France for specie to meet the corn importation. The drains for this purpose in 1853-4 was large, but at that time it was ascribed to the Russian war. It is to be borne in mind, however, that the drain upon America must cease at a certain point, since after debts are paid it can be kept up only upon the operation of credits. The specie exports have been comparatively as follows: GOLD RECEIVED FROM CALIFORNIA AND EXPORTED FROM NEW YORK WEEKLY, WITH THE AMOUNT OF SPECIE IN SUB-TREASURY, AND THE TOTAL IN THE CITY. 218,049 1,788,666 467.694 1,760,582 -1860.Specie in Total Exported. sub-treasury. in the city. $85,080 $7,737,965 $25,600,699 88,482 7,729,646 26,470,512 259,400 8,352,485 27,585,970 81,800 8,957,123 29,020,862 427,457 9,010,569 28,934,870 1,319,923 361,550 1,427,556 92,350 9,676,732 29,464,299 592,997 10,012,572 80,603,762 202,000 8,955,203 29,729,199 667,282 8,734,028 31,820,840 115,473 8,237,909 30,139,089 429,260 8,099,409 31,271,247 465,115 8,122,672 31,408,876 706,006 8,026,492 81,447,251 810,088 7,562,885 30,162,017 630,010 7,714,000 31,640,982 241,503 7,531,483 30,764,897 1,680,743 1,455,337 1,774,767 7,668,723 30,848,532 2,169,197 2,355,117 7,041,143 30,856,889 1,926,491 1,382,753 £33.881 2,223,578 1,251,177 6,539,414 29,819,801 6,864,148 30,599,341 1,669,263 1,385,652 2,526,478 6,426,755 30,537,000 1,417,757 6,326,894 29,677,815 1,541,580 1,962,776 6,253,357 28,717,607 1,166,773 5,187,468 27,939,162 1,514,884 1,283,135 5,404,367 28,156,061 673,290 1,624,280 5,432,789 28,876,433 1,880,497 5,112,942 28,212,668 988,676 1,789,259 5,559,922 27,688,011 1,006,283 1,357,198 5,732,534 27,312,274 9..... 15... 22.. 29... July 9..... 14...... 21..... Aug 4..... 11.... 1,620,731 2,041,237 1,861,163 1,398,885 1,736,861 2,495,127 2,030,220 2,145,000 2,344,040 1,284,855 1,860,274 1,505,389 1,594,933 ... 950,000 1,302 266 ........ 1,198,893 5,985,545 26,105,279 5,607,627 24,642,700 5,333,650 Total..... 28,138,281 52,195,712 23,640,799 36,439,427 ... Although the aggregate was not as large as last year, yet the export for the four weeks ending September 8 were much larger. The exports from Boston for the month of August amounted to $271,000, making an aggregate since January of $1,497,956, against $4,953,625 same period of 1859. The Subtreasurer sent, September 10. $1,250,000 gold dollars from New York to Philadelphia to have them coined into double-eagles for export. Those coins were never popular, and the multiplication of silver change causes them to be less wanted. The New York assay-office, for the month, has operated as follows: United States.Silver. Coin. Bullion. Coin. Bullion. Gold. Coin. Bullion. Bars. Coin. 14,000 2,478,000 1,800 20,000 647,000 1,910,000 24,000 951,000 5,500 267,000 1,100 10,000 Payments Tot. 79,700 168,800 119,900 97,600 4,569,500 17,550 '59 79,000 82,000 314,780 61,900 2,398,600 12,900 33,920 2,844,000 955,100 The operations for the month did not vary much, although the United States mint at Philadelphia was closed for repairs during the month. The deposits there were about the same as usual, as follows: $200,000 $41,000 $1,024,563 $41,000 $24,000 $1,090,568 $3,659,839 $382,688 $5,425,627 $499,186 $182,660 $4,820,573 942,230 610,550 836,876 710,987 224,000 From New Orleans. 3,324,243 The operations at the mint at New Orleans, for the year ending July 31, were as follows: The supply This shows a decline of $1,957,787 in the coinage of the year. of the metals now in the country is considerable, and probably ample for the wants of business. The state of affairs in Europe is such that, with the apprehensions of war and the uncertainty that attends the settlement of Italy, gold may be the last article, next to food, to export. The means of paying for coin, corn, and cotton must be large, however, to meet the exigencies of the case. The Custom-house returns for the month of August show a larger import than for the corresponding month of either of the previous four years, and notwithstanding this large increase, there has been no accumulation in bond :- FOREIGN IMPORTS AT NEW YORK IN AUGUST. Total entered at the port....... $19,986,498 $19,624,176 $24,649,591 $25,938,854 Withdrawn from warehouse 5,624,147 3,116,013 3,296,084 3,325,105 The total imports at the port of New York, since January 1, are less than for the corresponding total of last year, but $68,000,000 more than for the total of the first eight months of 1858. The warehouse operation shows an increase of $8,000,000 in bond: FOREIGN IMPORTS AT NEW YORK FOR EIGHT MONTHS, FROM JANUARY 1ST. Total entered at the port....... 176,716,131 $99,914,557 181,100,585 168,538,579 Withdrawn from warehouse... 29,240,228 28,102,515 17,406,868 21,254,755 .... The proportion of the whole imports which is embraced under the head of dry goods, shows for the month of August a decline, being the reverse of last year's business. The aggregate for the month has been larger than for any year to 1859, but the quantity put upon the market does not show the same results : IMPORTS OF FOREIGN DRY GOODS AT NEW YORK FOR THE MONTH OF AUGUST. Total thrown upon market.. $10,302,516 $12,792,222 $15,676,860 $12,610,516 Total entered at the port... $9,465,725 $11,574,540 $15,146,907 $12,561,485 The total imports of foreign dry goods at the port of New York, since January 1st, are $10,000,000 less than for the corresponding eight months of last year, but larger than for the previous years. The quantity put upon the market shows the same results: IMPORTS OF FOREIGN DRY GOODS AT THE PORT OF NEW YORK, FOR EIGHT MONTHS, FROM JANUARY 1ST. Total....... 637,637 1,028,634 313,870 439,782 $12,825,552 $12,332,503 $5,378,142 86,923,549 Add entered for consumption.... 60,860,306 36,390,220 81,512,220 71,533,417 Total thrown on market.... $73,685,858 $48,722,723 $86,885,362 $78,456,956 |