The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-10-04

probability Of a fresh movement Whether IL will yet
have to be resorted To- must stl depend in great de-
Australia, and the conduct which the government may
pursue regarding the nstaluent the Turkish loan
The Daily Neics of the 22d Of Sept. says
Yesterdays report that the Bank Of France had raised
upon mistake. Although the position Of the Bank of
France, and especially the late serious decline IN
the stock OF buloa point strongly to the profiety Of
posed to it, calculated to check trade. Under these
circumstances the bank has raised its rate for advances
upon ,ytes and railway shares and bonds from to
per cent leaving the rate Of discount at per cent as
before.
The accounts which reach by this arrival relative to
the harvess in Europe show that enormous de6cen
cy in the supply exists in Great Britain France and
other parts of the Continent In England the crops
considerably below average and the fact that the har-
vests short in France longer be disguised by
the government Russia and Austria appear to be the
only two nations in Europe which have abundance OF
Creadstufs. The demand upon the United States for
four wheat corn &C., must be equal to that Of 1s47,
and the intelligence will give preat impetus through
out the West TO the OF breadstus to the
board.
In relation to American stocks the London Circular OF
F. +. Satterthwaite says
There has been very little doing in American securities
patipg decline in New York, the present quotations
being generally below the latest rates in America
The Liverpool Circular of Wright, Junior Co., OF Sept
q, says
The continued abstraction, n large scale, Of coin
from the vaults of the banks of England and France to
the exigencies of the and instruments Of loans
as pay for breadufs, and the increased demand
money in the open market occasions the impression
of high rates ruling and materially influences all classes
in their future views of the probable Of events
the political horizon also wears disturbed aspect, aud
disappointment has been experienced in the nature
OF advccs from India and China which act preudically
the manufacturing districts Notwithstanding there
FORE the prospect of stock diminishing and
quenty more limited selection well the lapse Of
time that necessarily before imports to any
extent augment such has been the apathy Of buy
the hand, and the desire of holders to
lie the other, that prices for cotton have receded
fully d per 10. the current qualities OF American
descriptions at which decline the market closes to-day
with estimated sales Of 900 pales 500 to spectators
and exporers with offerings greatly in Of the de-
mand and rates very Irregular though with less pres
TO sell than apparent before the decision Of the
bank directors known
The leading grain markets have experienced sudden
reaction this week, arising more from the advancing
tendency of money than any other cause the weather
has continued favorable for gathering the outstanding
crops and samples of the late yield have been more nu
merous it is still however, admitted that the returns
will be far below those of last year, and large foreign
supplies necessary Caution continues to be observed in
this market and the demand chiefly confined to dealers
operations which have not been sufficiently extensive to
arrest decline of Sd. on wheat. Flour supports late
prices, but Indian is slow of SALE and 3D. lower