New-York daily tribune., 1853-12-28

= Ss,,hie fregaase Of bullion in the Bank. IN
the meantime while Ill these
49, so,r forwssd with regard 10 bullion the ordinary
eyno,ts ~ this country have been progressing AZ
ysie slocehe. without parallel The accounts whica we
rpblish this DAY q the exports OF the hsst ten
,st is tn the 5h Of November-shOw an increase 70
az Of no less than 4l39Js 65l and although We
hayeofen laned how IN the first instance aorapd ann
cTesssOf exports key 70 create pressure on tle MONEY
market and even en- Gdverse exchange hasa
the long run effect must be 10 secure large renancs
from abroad and favorable exchange The rcmrances
from Australia must in the ordinary course OF business
sson become very large not only for merchandise hot IN
payment Of the gold coin exported year ago LOOKING
orward then the next six months and indeed 20 the
whole Of next yeo may already discern the ollowlg
RESPECTS in which will differ from the past ls The i'm
pcrtaon. Of gold large they have been in lsjj VIII
be larger in 1854 whether we Judge by the accounts from
Austrslia or California cd. Those importaona viii now
he In payment Of debts due TO this country for coin and
goods dipped during 1853 while in 1883 at least dn
rne the fret half they we're moro than counteacted by
sbil Hens Of gold coin TO Ausral a. which maze lw
ceased and certain not 10 be resumed 3D. The de-
nand for bullion for the East j. certainly not likely to
continue hh 1t is than probable that altogether
independent ofthe productions ofthe precious metals
comfortable portions both Of the gold coin and OF the
silver which have been shipped during the present year.
may be returned during 1854. in payment Of the exraor-
dnary amount Of exports Of British goods Whatever,
therefore, may be the momentary pressure It IL now appa
rent that at least two OF the chief causes have exhausted
fhemselves and that Australia and the East hence
forth rather likely contribute to the of our money
marx than farther to disturb it, There no doubt
two influences they may exert War md corn. As 70
fe latter though much Of the exaggerated apprehension
has vanished yet undoubtedly imporations will be
very large and though prices are not likely to reach the
extTavsPant rates expected some time ago they WILL
nevertheless, for months 10 come, continue high
The London correspondent Of The Commercial Adrer-
tier says
There appears be further doubt that large quan
lies Of gold may be obtained from Devonshe, and also
from the Welsh County Of Meronehshre where the results
arc especially likely TO be import BY some Interested
parties is alleged that with the aid Of efficient crushing
and amaleamating machines there will be much excite
men before six months have passed about gold in Wales
as experienced when the first commencement camo
from California and Australia.
Tie Money marke. continues easy call al G al p cent
on rtcass current securities Leading paper goes at
10 cent The movement Of Cotton at the South is now
becoming important ard Cotton bills must be plenty
70 nearly if not quite supply the legitimate demand for re-
miance This will deliver the Banks from fear of large
gold exports and enable them to give the mercantile COM
muniy such facilities il needs We notice 1900 bales
Cotton arrived at New Orleans the 10Th inst The arr
vas at Mobile have been checked by low water and strike
for higher fregh by the steamboat To this has been
added the backwardaon" occasiOned by the deficiency
ofcurency in many parts Of the South
TIE exports Of Domestic Produce from the United States
for the financial year ending 3oh June last according to Of