The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-11-07
E2l.96l,583
E2l,96l,5e5
BANKING DEPARTMENT.
f,6 $50 SAB Esq, $50 g.

Dated October II, 18a7.
The above the week ending the 9th instant
when compared with that for the previous week ending
the I'd instant, exhibits the following changes -
In the liabilities increase OF public deposits oil
1860 decrease Of other deposits Of fa47 s7i, de-
Of day bills Of 1885, and an increase OF
In the assets an of other securities of fl774
of of of EST 600 increase OF
gold and silver Of 1888 and decrease Of
securities Of f235,0OO
The bullion in the issue and banking departments to-
gethsr. amounted to fs 4Os, $50, which, compared
with T9565 307 the hand at that date Of tn,
previous weeks return, shows decrease Of & 1855 SOL
The notes and post bills in circulation amounted to
$40 oO3, 372 which, compared with El9,57727S the
amount issued the date OF the previous return
a decrease Of f73 906
IssuE OF FRENCH BANK NoTEs.-The French cham
bers their session the Bank of France
to issue series of bank of francs each
Every body surprised that this issue had not yet
been effected since 1t would have been very advanta-
geous to our market In q moment Of such monetaral
scarcity Now 1t Is said that the bank will Issue IS mil
lions Of francs Of these notes In the first days OF
November, and 1t will subscribe at the bankerss who
will bid for the french loan for the Of IS mil
lions As the frat instalmeut Is but H. 800 90 trans
the bank will have but $50 900 francs pay out OF its
bank notes and all the OF the IS millions will
be issued to the public The bank may easily make such
an issue OF % millions OF francs in bank notes since
on the LIST OF November the greatest part Of the Ia mil
lions Of francs which form the present balance II the
due by Russia for the last purchase OF French
stock, will be- paid into the hands Of the bank Then
the friends Of VI Dumon say, that besides the IS mil
lions which would be taken in the loan by the bank he
Caisse des Dp,ts ct Cons gndons will also subscribe
for similar that the loan subscribed by
private bankers would be only 200 millions. The hrst
effect OF the loan advertisement has been improve
ment OF 65c on the three cents among the pecua
tors Of the Cousse who had met sunday last at the
Of the opera and the three per cents i'm
mediately from 75f sc to 75f Toe But this rise
not Of long duration, the next morning the Lon
don brought the price Of the English consos
es, with gloomy approximations Of further decline
However our funds have been struggling against the
general dislike ofinvestng ut this in the French
stock and the three per cents had no great At
ISL 4oc
Corn Trade or Europe
From the Mark Lane Express, Oct. 49,
There nothing in the present position Of the grain
trade likely TO lead to any important variation In
Of Britain credit may be expected to act
check to an advance and bar to an important 'ai
cent and the impossibity Of negotiating any the
best paper speculation In any other article OF
merchandise Is out Of the question: and no enc will buy
more OF commodity than 10 absolutely necessary for
pressing wants. hence rise Of consequence in quota
lions could only occur II the supply should fall short Of
the quantity wanted for immediate consumption which
IL probable regards grain having still good stocks
Of foreign In grsnay and but slight inroads having been
disposed to regard The present want Of c.nndsnoe
e6ectua guard against large importations from
abroad; for 1t scarcely to be presumed that TO.
reign merchants will consign to the English mar
ket In the present position Of our monetary affairs
During this md part Of the succeeding month whilst
farmers engaged With wheat sowing the deliveries
growers may perhaps barely keep pace with the
demand but a. the miers appear determined not to
hold stock scarcely expect this to prove the CASE
wheat will not exceed few shlings per Or, up or
OvI iorsome weeks to come whether however present
Iislwil be supported after seed time, and when It
ntnhave become necessary to provide funds to meet
nntand other expenses coming due at Christmas may
ttq9estioned No new feature of the slightest inte
I'tthss occurred In the trade since last notice.
Purchasers have acted the cautious plan
previously and though rather nxiety has been
shown by holders to realize the pressure has not been
30 great a. 10 cause any marked change In quota
lions.
At Liverpool. on Tuesday, there was rather q nume-
rous attendance Of buyers from a considerable
distance; but they satisfied with the purchase of
very small quantities and the aggregate Of the sales
was not large Wheat brought nearly former terms
but hour was In some cases parted with per bbl
lov previous prices. On Friday both articles we're
cheaper. Wheat was quoted at least I'D per 20 lbs
lower, and fine Western canal nour offered at AIS
per bbl
The accounts from the principal markets In York
shire describe the wheat trade having become very
langnd, and siderable difficulty appears have been
experienced both st Hull and Leeds Tuesday In In
ducing the miers to pay the terms current that day
se'Dnight.
From the western and northwestern parts Of the