The Sun.
London, England, 1837-11-25 00:00:00

NEW YORK MONEY-MARKET.

(From the New York Courier and Inquirer, received to the
Bth instant, inclusive.)
" SPECIE, NOV, 7.
American Gold, 6 to 65- per cent. premium.
Sovereigns, 5 12 dollars to 5 15 each.
Spanish Doubloons, 16 80 dollars to 16 90 each.
Patriot ditto, 16 30 dollars each.
Spanish Dollars, 8 to 81 per cent. premium.
Mexican Dollars, 8 ditto.
American Halves, 61 to 64 ditto.
Five Franc pieces, 1 004 dollars to 1 01.
Treasury Draughts, 11 to 11 per cent. premium.
Treasury Notes, If to 2} ditto.
" No further transactions in Treasury notes or draughts
were effected to-day. We observe the sale yesterday, at Phi-
ladelphia, of a Treasury note for 700 dollars, at 34 per cent.
premium.
" The business in stock has been limited, but generally at
improved rates, and the general appearance of the market is
decidedly more favourable. United States Bank, 1191.
" The money-market continues without any new feature of
moment to notice. At Philadelphia, during the past week,
we learn that money had been in rather more demand, and
less easily obtained. Large investments had been made by
capitalists, which had the effect of taking a considerable
amount of floating capital out of the market.
" The business done in bills on Europe for the packets of
the Bth inst. has been but moderate, and generally without.
change on former rates—viz. 154 per cent. premium on Eng-
land ; 4f. 95c. on France ; 42 cents. on Holland ; 371 cents.
on Hamburgh ; and 834 to 844 on Bremen. The amount of
bills offered on France ims been very limited, and unequal to
the demand, but with this exception a larger amount of paper
has been in market on other places than could be negotiated.
The packets, it is reported, will take out a light amount of
specie.
The scat. Levin Jones, at New Orleans 29th ult. from Tam-
pion, brought 102,000 dols. in specie.
The New Orleans Price Current of the 29th ultimo, states
that the money market continued about the same, and it
could be had for very geed paper at 11 per cent. per month.
Doubloons had advanced 50 cents. The rates for Missippi
money had advanced ; this perhaps may .be attributed to the
course pursued by the Banks, of advancing on, and purchas-
ing Cotton, as is thouet there at very high rates. The fol.
rates for specie:—Dollars 101 a 11 per
lcoewnit.ngprweienr.e the
; Spanish doubloons, 18 dols. ; Mexican ditto,
17 dols. ; American gold, 11 per cent. prem. ; Sovereigns,
A dots. 125 c. Hank notes—U. S. Bank, 6 per cent. prem. ;
10 a 12 per cent. dis. ; Mississippi, IS a 20 do.
" TREASURY NOTES.—These notes, bearing two per cent.
interest, were for the first time yesterday offered for gale at
the Board of Brokers, and one and a-half per Qoni. premium,
payable in bank-notes, was asked, fn. them, but there were
few bidderti. vex* subsequently offered in Wall-street
cit cent. payable in constitutional currency. No put,.
Chasers.

" We perceive that the Secretary of the Treasury has ad-
vertised for proposals for the purchase of Treasury notes.
Some of this paper is iu circulation whether they have been

mitted to public creditors, which is 14.wful. or scid to rani.
taliats, which iS unlawful, we knar.c not. We any it is ui •
lawful for the Secretary to s:11 the notes. The act authorize;
hiai to borrow money upon their credit,' but there is no au.
thority to still. He m.!y pledge or hypothecate, but not sell
the n .ates.

(From the Washiny'on Globe, Nov. 1 )
" TREASURY DEPMTMENT, N.)Vi CO:lfOrnlitY With
the 13th section of the act of October 12, 1831, • ituriLt
the issuing of Treasury notell' it is !tare by d that the
whole amount isiuzd during ci.e last nt3nEh b be,:u. 53,723,86
dollars.

"LEVI WOODBURY, Secretary of the Treasurp't
" Bost CONVT,Nprox —The following circular wai te-
ceived by the President of the B:►nk of Virginia, a tow (lays
since, and als3 by the President of the Farmers' Bank of
Virginia. Doubtless it has been forwarded to the principal
banks in other States:—

" New York, October 20th. 1837.
" Sir,—At a general meeting of the officers. of the batiks
of the city of New York, 1011 on the 19th of this month, the
Com .it ae apptinte t 15th of August last laid bef-„rt,
the meeting the communications receitol from the 139-. dis
the sew, ral States in answo,- to tl.e circular of the CommitteO
of the 18th of August last.
444 Whereupon it was uaanimo idy roolved, that the banks
i the veral S ates be respectfully invited to 'appoint delegates
t” meet on the 27th day of Now:ober next, in the city of New
York, for the purpose of to..ferriug on the time when specie
payments may be resumed with safety, and on the measures
necessary to effect that purpose.
" 4 We pray you to communicate this letter to such other
banks in your State as you may decal proper, and, having the
number of delegates entire 'y to yourselves, we only beg leave
to urge the importauce of having every State represented.
" We have the honour to be, respectfully, Sir, your most
obedient servants,

" ' ALBERT GALLATIN,
‘" GEO. NE \I BOLD, Committee.
-
" ' C. W. LAWRENCE,
" ' The objections raised by the _Philadelphia banks induced
us to wait till after Congress aajourned before we called the
proposed convention. We were indifferent as to the place of
meeting ; a preference for Baltimore was expressed by no
other banks than those of the Virginia ; and the doubt whether
those of that city would unite with us renthred it inexpedient,
in our opinion, to select it for the seat of the convention.