New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-11-08
COMMERCIAL AND MONEY MATTERS


SATURDAY. 4. ~
The news by the Caledonia had a depressing eft
feet upon the stock market and At the second Board
especially the Fsnces sold lower than for long time
past The sppreheDsions which caused this decline afe
very ennite bat thu operators have an Impression
that the great commercial rovusion ia England must
sooner or later upon this oountTyhow 10 not 80
clearly seen
In Bills there was nothing Of importance done.
and quotations nominsly before sterliog "a
q for leading names, Francs 2j95 29l.
In Freights the market is very stagnant We
hear only OF small engagement OF Corn for Liverpool
a, Cd per busheL
Private letters by the Steamer speak generally
Ia very gloomy terms OF the condition OF affairs. There
are however a lew exceptions. Most Of tho writer's sfe
immediate prospect OF relief excepting from the TACT
tina, the large number Of bankruptcies must decrease ihe
amount of money needed and thus In measure relieve
the pressure The sdylces from America also con
sidered calculated to relieve the gloom somewhat. AZ
the lac. day however. new failures looked for.
great number OF thu letters from houses hs other
side 10 agents hore express unwnsness 10 receive any
cons gnnenls upon which advances expected aud
in this manner the criss in Eosland Is to bs embaras
sing 10 u.s. There and will bs gres. difficulty In neeo
il.ting bills and even when parties wish gel, their
suits home in gold II will still be embarrassing 10 know
10 wha, house u will DO perfectly safe TO consgn This
dRculty however will coon be- removed. The tornado
mus pass over confidence be- restored and those houses
which have remained mistaken will deserve Ia ed
dons degree the confidence of the commercial world.
Il Is useless speculate upon the Of the present
reyuslon In Eoglsnd. II 10 generally sscribed 10 the
Immense amount of capital required 10 meet tho railway
calls snd this with the export of bullion for breads'uhs
has undoubtedly been the great Influences which have
Frustrated the commercial world Of Great Britain.
We understand that the rate Of interest at the
Bank OF England IL per cent on short time which Is
unparalleled.
The Liverpool Banking Company, which has
failed mu,, not b. COMPOUNDED with tho Bank OF Liver
pool which Is the correspondent Of the Bank Of Charles
The Bank Of Liverpool 10 considered to DO perfect
y solvent. Some fears are entertained In the private
letter. Of another suspension Of Liverpool Bank which
would Involve the failure Of large mercantile house
The Royal Bank OF Liverpool reported hsve losncd
ne house 100000. snd another e2D0000.
The prediction Of SIR. Horsly Palmer, which w.
published hes proved nearly correct In the continued
failures which are announced BY the caedoni.. The
csuton Induced By tho publication hss uDqas.tonsty
saved this community much loss and embarrassnent
In American stocks on the London Exchange
nothing Of importance has done during the past
uDhlhs iOAlsinhe - icDvi arc quop1 Al CO. lenbsJ
ysnia -, ls70 At &C. AID u. s. Bank shares s66 l2,td
The ordinary revenue OF Great Britain Tor the
quarter ending October TO- shows decrease Of
RlZ7692 Sterling, and the total income decrease Of
81 507.2 go. On the year ending October 10 the De
the ordinary 10 GJbIi22 and on mo
total Moons el0i226a. For the quarter all the great
branches Of the revenue exhibit decrease with SINAI
exceptions under the heads II taxes and pos Office
gross increase under every head Is only els CO.. On
the other hand there decrease IN customs e5fOCC
excise. ssliOoo; stamps, eG6 900 sod property isz
a53o00-,bs gross decrease being & 525 coo.
The bullion in the Bank oi Eogland on toe on
October amounted 70 $500, $50 The amount com.
pared with the previous week exhibit decrease VI c
culsiion OF f73 eo6 increase OF public deposits Of
e55 $50 decrease Of other deposits OF &2i7 Ell q
decrea.s Of securities Of 2j7f56 decrease OF bullion
Of el5s557 increase Of ress Of sS2077 decrssse
Of reserve Of 4.iO45
There were e., 600 Of specie brought by the Ca
e5onis entered a, the Boston Custom. HOUSE,.
The amount Of exports from this port for the last
week only s29O2s7. OF which s30i07 Was In
American vessels The arrivals were 90 snd the clear
p. Among tho exports 10 Great Britain O'o
bols aes 69l bales Cotton le0 bbis Rosln 80 Dds
Apples n Ds bacon and hsms "a $50 Oh sIufpen
tine 81 go bushels Corn 6J220o lbs Cheese a'''
ss Lard, oOso Butter. IL France 1908 bales 0o'''7