New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-11-16
uRCIAL AND MONEY MATTERS


r<re WAS Dut q mouef@'e
=. and the quotations were generally steady There
= large quantity Of stock pressing on the market
ar, Notes were 10 demand at psr. Government
:. less. sold a, the same rste.
:, Bill market has been rather active today
a. .sles we're mostly confined to leading signatures
-I,lss. nance snd Bank bills. endorsed here ns'e
.,aalO, and the market has been nearly clssfs'
-. description There 10 sufhcieDcy OF eoo' DIS
market. but they are unstable and must 'e 'e''
for collect iou. nj. =.
s,eishts are inactive b0 20 lower :"
:, little produce ofsrins Tor "fe'' ''''''"
.,sht was taken al IL. 10 Liverpool
fine Skiddy Liverpool packet nS' -~'0''O0 81
ID. about $4,000 .e,m
IT. demand for coin for export and Tor bills is
..,..,r % meet the lesitimste business Large
49,. from the other side are not drawn for, 10
.,,hsrrass correspondents. and remi,,snces
% strengthen houses, which would not be re-
- !, ,neuetsry siisrs were easier abroad. Money
= =. r.s.ed here moro easily thsn IN Loadon. and
Of English houses have adopted that course 20
a,rsble extent Thus We have become a lender to
,.,od instead Of borrower. ss formerly one house
IN buyer for this steamer OF k5oCOO OF In
-. which would have been a seller Of nearly the
.msunt we're affairs Ia England more settled
s,,ouine circular of one Of the leading houses In
sr,et prepared for tbs Caledonia, susisins our re-
~
ts.s,g,o, with accounts of continued and even 10.
80 d,,ress In England snd the dernsnd for money
~ ront!nent hsve naturally shscted us unfavorably,
u caused msterisl decline In stocks ana secnrres
r.,,nv Money IL 10 active request. and the Bsnks
= zen eurtailing since the beginning Of the month
"a dl.,n,st la bill on England general on account
Ss doubt OF the ability 20 discount them even when
sr.vers are solvent RENTERS prefer bullion. snd
= s,ssmsr and packet tskes more or less From sp
,ces n IL not improbable that In all ~ 600 600 msy
IoneS bbt the loss OF this OF greater amount for
f.-,De would not affect the Money market was not
.,demsnd for Mexico unparalleled Treasury notes arc
= sod at psr-copsequenty they are available In lieu
scIs for pens % the Govern ment aud the Banks
- for,ify themselves with them 10 DO used for that
-,,ose for which. heretofore specie only WA abto.
yy necessary That the present shipment Of Corn is
vpvr 10 the Of trade 10 obvious and therefore
The return of confidence Ia foreign houses the
~ must be- CREST That we have large crops 10 ex
=, that our Indebtedness TO Europe 10 unusually sms
"A thsithe smount Of American securities now likely
! Be- returned upon us must be- hrnted, are points
,siehvs presume TO be universally admitted snd they
"A 10 the uson that the present pressure In the
on,y mar 10 caused by no radical evil within our
,es but 10 brought upon us solely by the misfortunes
T,,st Britain As Specie 10 shipped 90 freely the in-
80 hsus have not been pressed ia the market ard IN
- Instspces where large amounts could be drawn
IL os,ties have preferred to raise money here to
-, ,ssir engagements and await the receipt of
satisfactory accounts
W. understand that the Bowery Bank has been
. ,uecs,ful that II hiss been decided to increase the
,.o,.l stock $4,000. This Bank 10 under such msD
...,er, a. must make 1t one of the best banks 10 the
IN, n has adopted the plan of paying interest de-
pod,s Ien for certain length OF time.
rhs Budson River Railroad Co are ready to pay
,,.re,, On instruments paid 10 sgreeaby to the original
terms Of subscription TO the stock.
Tbs abatement Of the value Of Exports from
New oresns for third quarter OF l547 shows large in
crease over the amount for the corresponding quarter
olss, year Exports for the third quarter Of 1916 and
lsi7 1870 lo4T
cos.tvi.e. s247sOss 6 s3745,77l 81
Zen Ceuptries........ 1850 90 OIL. 1923 90
/, An Yes 70 FOR Coun. 4s64,66O 90 l2e54,4l6 81
TO.l..............ts.i2l,5s SEQ 40 sl29544l6 81
Increase In Is47 1872 e35 81
The Exports to foreign countries have increased over
% per cent
Rumors Of the precsrlous situation OF the Union
Bsrk Of Tennessee were In circulation in Memphis
sseh the EasArlle Bonre, pronounces without ioun.
dlron
lresdu.ion was adopted in the LIE gislature Of
fssse the 25th ali, requiring the President Of the
Bxf Of Tennessee TO report TO the General Assembly
sson ss practicable. exhibit of the operations of
nd Bank from the fret day OF July last to the frat day
d0:tober ls47, showing the bank profits during that
,srter and deficiency II any on the let DAY Of Oct
at
Awriter In the Apaldchieoia Adrerttser urges
nproprieiy OF uniting the waters of the Gulf with
s~s Of the Atlantic, by means of a canal across the
isinsGls OF Fonds. The route proposed Is by the
Ethlscoochse River which emp,iss into tie Gulf end
4, st. johns which falls into the Atlantic Ocean. The
stapcs between the nsvigable waters of the Withs.
pOchee to Silver Springs the highest point of nsviga
100 on the st Johns In that direction is reported IL be
nIy II miles
The expense Of tho work Is estimated ST only hall
million Of dollars The writer claims that the proats
you'd be almost incalculsbe. vessel from the Gulf
srrying q thousand bales OF cotton, has TO pay from
hree 10 Ave hundred dollars insurance. more than
ssse clearing from the port of Charleston Or Savannah
This channel would bring down rates of insurance, and
eceve from two 10 three hundred dollars for every
houssnd bales OF cotton passing through It,
10 been opened TO Lodi within thirtysiK miles 81
ere Hsu,e and to Terre Hsue the whole line Is under
ontrsct
New.York Cattle AIarket-MosoAy, Nov. 10.
lBy our own Reporter.
AMsrket ll35 Beef Cattle, 900 head from the South
cd the rect New.York state Catte) All but about 100
old At prices ranging in quality from s. to so per
IT. which 10 csc higher than could be- obtained lat
sch.
Covs and Calrss-75 on sale. Prices ranged from $50
Va 10 t42 SO All cold.
SLAP asd LAMBS are in good demand, and OF $500
aereo only about 500 remain unsold We quote Sheep
! from 81 to 50d3 u.s. aud Lambs from 75c TO - 10,
ch
Hsy-,iood Timothy commands so to 81 CITE per evil
1ket soundantly stocked.
Srar-s2 80 the 100 bundles for wheat and Other
lNitcs
Markets. Carefully reported for The 1ubwne.
MONDAY, November IS
lsHEs-The market is dull and quotations have
,wp~srd tendency. Sales 100 bbls at GA Tor Pots
4 Z IS for Pearls.
COTTON-The sales to-day have been moderate. aud
market without change. The tendency, however. u
snwsrd and holders supply the market freely. Tns
rrhases are mainly by spinners. We quote
Current Prices for Liverpool CLASSIFICATION.
NEw-YoRK, November ID.
NJ