New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-10-23
COMMERCIAL INTELLIGENCE.
London Timess City Article.


LosDos, Tuesday Evening, Oct. 7, 1856.
Abundant evidence has been furnished to-day OF the
cOmplete effect Of the measures just adopted ny the
Bank of England. All pressure for money both al
that establishment and in the DISCOUNT market has
subsidized, and the Foreign Exchanges have likewise
received most favorable Impulse A considerable re-
bound in the Stock Market might therefore have been
expected but check has been given by the fact that
the Bank of France Understood ~ have again COM
missioned their agents this side TO purchase gold
any cost. Although the operation, like those OF SIM
liar character, previously entered into, can DO
Gi2O,COO Is understood in this way to have
been withdrawn to-day from the Bank OIL Eng
land. To many persons the question has consequently
suggested itself will fresh rise IN discount thus ten
dered necessary? But The matter Is not one over WHICH
se of discount could any material influence " the
Bsni Of France deernined buy gold 'ser. W
s1caDse be TIE c. Limit to Ssh .: s Sys se
lion be found IN the epe q nf here Happily
cannot be called to more than we % nd oop a.
Sio1e Their a 5s @ re a Ss 1. si.
10 pay month two hence 40 tns D AZ eon.iSsM .c
fee they obtain money few weeks in advance and WHEN the'e
nst renew the with repetition OF lo.s In this
within ho RSod h, they yon Ss'f into s'ets Thy %
OF The eon.gnees Of gold in this country and Other v.
Of d.eoun. 70 = cent, aud announced tina, III
would take any other stringent measures that mys'
& from ~ faty but s sppes. hat the eIs.
such will not admit Of sudden change "
ebOs believed to b. requststo mitigate ~.
FEATURES Is likely To present considerable amount TOT
rsa 10 overdue in this county, and Al sn'h
should take place. will afford opposoe ~
sssBcs, since the Bank Of France would Of c0s~
gTesy prefer svsline themselves of such supply 70 rrVs
Up direct drain upon the Bank Of England which msc ~
react 'he Pans market As the question who ns w
will subsde suspeuson
Gle payments probably, however depend upon be
which the people may view the is dono'esi
that every other consdeIson must, too the moment DC "
aside.
Under the influence Of lower prices from Paris ConoLs
which left Oh eserdsy al 81 Op ned this morning y ~
very unsettled appearance. succession Of sales cneal
ction with the which taxes place tono
osnsed fail TO eol Later In the day realization 81 pyn
large Spectator altered the Il the market, ard 'e
por'ant purchases having been Effected tbe pan
public stesdy reaction commenced ard he hns'
were sltdsli for Money, and slfad4. tor the QUE u
yeu.ber.
In The foreign EXCHANGES this afternoon there w"ss speS
Improvement; IN the rates IN.
The final quoatoEs Of the French Three per Ce a.
PARIS Boure this evening Got soc Df MONEY nn
tor the ED Of the ua.Bth, showing recovery OF qa
Tie private letter. from Pans to-day state that tne 70
strciC by tie Bank OF fr,nco
greatest consert sfon amor me
stay the eeuera panic .aluiy TO-, s,'sa
also crcu-ed that II the Bank OF France hni their c
q N, they ill ADOPT others OF sc.rr srnsS'
THE PRICE OF DISCOUNT
Prov The London Ckyonide Oct =
Another end more extensive increase Ia tne rev. -
discount wss Yesterday announced BY ire Bank VI
rector The previous augmentation enforced cay 70
n,eeptly az Wednesday last had extended ous "
enc haif rer cent the minimum rate for comnsrcl'
pol er having beeh ra-ed from u to pei oesa re-.
'T,dsy's incTeas. mnch exceeded that ausaoEhe
rev rate. being per cent for short datsd bn,s t.@
l. 10 say for securities Of not Lsots thaa a0ys a''