New-York daily tribune., 1854-04-25

The eleven Bsnks with affixed Iaeorpoasi Banks
Al the others Barking Associations 6nned sats the ssae
Law o he
The Davs Copper Company Of Polk County Tennessee.
was orgsnizsd on Saturday THIS coml any is another
branch of The Potomsc Company and has large aud rich
mining properly adjoining that Of the Nashville Company
The Board OF Directors consist OF Alexander Hamilton,
Henry Adams william Hickok, Thomls T. .s,erbfoot.
John Stanton and Lyman ". Gilbert Alexander Hsmi.
ton War elect,d Precedent Henry Adams Treasurer and
Hsrbtr NJ Harman Secretary.
ne Nm York Eeonoiria has the fo)wiog remuks
upon tbe eject Of was upon financial interest,
The preseni unlike the former In the fact
haf both OF the enemies naval powers and exsrnsed
moro or lefsorce upon the ocean TN, is not nov tae
case is not probable that Russis Of Itself or through
allies that she may acquire, VII be able to take tho
sea and therefore Tie benefit o the carrying trade may
not accrue sntiry TO the United States bottoms. The
usual Effects OF IN preventing industry viii msnfet
hemseves and enhanced taxes will Increase the cost ot
production. Manufacturing INDUSTRY aud agricultural
hor will BE- ntefered with by the presence OF troops 10
some sections and the drawing Of labor from the eld into
the camp in all The grain countries OF the East are 20
b. the theaier OF war 100000 Russian troops are ssd
already 20 occupy the grain districts OF the Black Sea
region If country where they not easily fed and the
crops all be- wasted sDd oeyOurod hence the prolonged
demand foo United STATES producs' probable The high
pr of the press Mt year will stimulate great pgodacuon
and the may proloDg the demand for tho nhtnced
supply, II the crops Of Western EHopo should be
. Whether the Banks Of France and England will msin
tain spece payments depend upon the events Of the
war. ii EBpland and Fnsnee como under obligations
furnish funds 10 keep the allies together the posDy
of continuing sps Gle pay may be doubted although
tie demand Is I'D by The addition OF Csfornis aud
Austrha 10 the Mexia an resources There h.s been oag
in England party WHO look upon paper money -
good end who would not Do dpleasei 10 see spension
take place.
Since III. war however tho funded or creditor class
has greatly extended in rope and although they might
powerfully rrst recOurse to paper money the indebted
clssses # France would be greatly relieved by 1t.
calculated that hrd Of France is moge and the
frd refuge paper money that would reduce the aotoh
psymert one half The actual sgpenson OF the banks n
i6se countries by lesening the demsud Tor specie and
kteliDs mouey easy would sDineuty promote Ansrican
Interest," sibce produce would eel ts better sdvsnisss
IL Is also the tnat in Of bank suspension thsre
the dividends will be payable in the deprecstsd psp@r
NLie United States sll continue b be paid la gold
This may make difference Of 30 PER cent In On To-
"Ibe supplies Of gold In the United States are now i'm
meme having been absorbed into circulation by grss
activity O buTess abundance of other commodities and
high prices Tie same has taken pace 10 q remsfksbls
in Europe II follows that business Il to be lsss
active production lees and prices lower gold will 30
evolved from circulation and become abundsnt
The earnings Of the ssndusky, Mans6~Id sod Newark
Railroad for the month Of Msroh, we're s2iss5 against
sls, ls7 50 10 DE corresponding monlh last year
A movement is on foos In Chicago 10 essaoish Bank
in Tat city With capital Of 81 ,ooo,eeo
At Pbsdelphia the demand for money during the week
hss beep quite sciive and rates have sgbty advanced
The cuneLt rate fer first paper Is IL cent though
in come instances fsvots placed u l0 and Cor
secord cIass l54IGI y cent
A Boeton The Journal ssys;
The Bank contraction which has followed the failure
ofthe Cchfga.e gives 70 the Money market unlocked
for strngency and rule higher than during tho
previous week in State The lowest quotation TOR the
best grade Of mercantile paper in al the leading discount
houses is 70 cent and although the offerings for
tston not large not eay to hnd capital q sny
concession from this An occasional transaction u
mentioned at oa cent but these are rare exceptions
Paper Of good quality but less known ranges up 70
cent On call With good colsteral loans are obtained
at frpm 10 to Is"
Ats meeting Of the Board Of Directors of the Baltimore
ard Ohio Railroad On Wednsscsy, it ives resolved to Do
clare semi annually from the ia Of oc:ober nsx ssch
dyid ncs Ia cab the net earnings Of the road VII
justly after paoing to the Sinking Fund the amount hss
toiors Stipulated and servng such surplus the Board
nay deem prrdeui ssd expedieb,
Tas SolosIg statement viii shss the reyetas and a.