New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-10-16

The Syracuse and Binghamton Railroad has beer
sold at auction under foreclosure of the first mortgage
bondboders, for g. 33O,570 30. The purchasers are
UIiel A. Murdoch, Guilamme Merle and Jacob X
Schermerhorn 1t is understood that these gentlemen
will Immediately associate themselves with others in
the formation of a Company to work the road
and eventually run to Oswego the east side Of the
River.
There is no marked change in money from our report
Of yesterdsy. The supply on call is sufficient to meet
The wants of borrowers, and paper goes with freedom
at previous rates. The Banks, however, continue
poor and are still contracting.
Mr.. Cullen having returned by the Persia, Mr..
Tucker we hear will at resign the Presidency OF
the Reading Road; and, stated some weeks ago
accept that of the Lehigh Valley Road.
At the session of the Commissioners on California
Sor the payment of the War Bonds, held at Washing
ton during the rst week of this month, about 500 600
Of bonds were presented This leaves about $3.50 900
still out most of which supposed to be held in Cali
fonia
A Paris letter says:
a singular monetary phenomenon has been OBJ
served lately at Paris As | stated in my last great
scarcity of fvefranc pieces had been observed, and
discussions were going tending 10 show that the de-
maDds for China and the East were sufficient to ac-
count for this deficiency in the circulating medium of
The country But the following words written from
Hamburg to Brussels paper let in new light on this
subject to the astcnshed Parisians; Several banking
houses Of our place again received, few days ago,
come important consignments which said to amount
to several millions of FIVE frame pieces from France and
Belgium, which are as has been done for two months
past inme diately carried into our founderes to be
melted into bars and then sent into Austria aud kuS;
sia The demand for silver for Sweden has diminished
in the last half of the month, while the demand for
Austria goes increasing, where the speculation has
already got up to e cent, with an upward tendency
Our iounderles OF gold and silver although established
are no OI ger 10 W
gut Of these metals which daily arrive to be converted
into ingots This article, as you may well suppose,
produced its effect in Paris. All at once five franc
pieces disappeared from circulation; nobody appeared
10 have any or to know what had become Of them, and
the small business operations were really embarrassed
The fve-france panic continues still and will only re-
Lax by degrees As an appendix to th, see today
that the sac of 600 pieces Is quoted at IN francs. The
French in their wrath at this wholesale carrying of
and destruction of their dear veiranc pieces are send
inc the Dutch and the Chinese aud the Burmans to
thousand purgatories.'
Tie Produce markets continue active and buoysnt.
The shipping demand for our Cotton and Cereals is
large In regard to Cotton Mr. Wrighs Circular says:
CEop RECEIPTS kc-we have BY mail further particular,
from the Cotton and no longer admits of doubt that
tbe the low and bottom lands The accounts also
s,s hst the second srowh OF top crop vii be comparative
crop reduction IN the South from 900 900 500 900
S , aS, whcs 9S Tine Tine 1s
freight and exchsnge would require 73d7id y to
es ;bere q, the de Of sailing Persia on 4th October
Of high much above
In Liverpool induces caution the part Of American shippers
.nd psrtiss holdns dscressIy orders willing
much the natural consequence much smaller amount than
nsnal In no-ess shipment Great Britain there being
tbe moment only eight vessels loading in NewOhesn
esb IN Mobile Savannah and Charleston, AL OF which may
clear be included in tables Of export up to the th OF
November next but these together with what may possibly
Flea from New York will give mole than SoV which
sddsd 10 the export up would show total Of $500
t. ;n ~ 800 to sSS Sf.G By cw ie.G. at the other
pone they are free planters doubt being induced 70 huy
their crops In order the prevaing h'sn
No ak Of buyers however exist IN any OF we ooutn
markets. every bale sold coon sampled oui
northern determined secure lar amount o
The early receipts and operating freely at the South and IN
this market.
me ohowinf . statement of the movement ~ Cotton
noe the let September ss A compsrcd with the previous
ftIee