New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-12-12

Ibe rher I he ..p~e, Of ,sairs continues equal
y i.vcr.be Oou.o. have .dyaneed % w de-
ID e., n, =. Centr. hun dred dollar share ana 'a'
n.,s az BE-. u done them At IA premium oi nc
From ne Lis.rpo's Itae'
ri, r..,;nr The Board of Trade returns for
Tie month ending the 3st Of October have eeen ssaea
N the public and il appears from them tnot auI.ns
that r.rod our exports amounted 70 lo oens
n Sc 357 more than in the corresponding mon'n VI
1855 During the first ten months OF me yeaal o
v.Ie of our exports amounted 70 no lees than
ssS hing II is6 I25 more than those in the corrs
nondpe period of ls At the present rate II in
crease almost certain that me export aae OF this
Country during the year about 70 terminate '< prove
NOT much les. than els OCe 90. Ii will cftainy be
NJ far reater value ttan in sny previous year in
con merriL history. The nsvigshea accounts and
the excire returns Of hone consumption are equally
favorable.
spect although no change has yet been announced IN
the rsirfmem rate of discount q, the Bank OF Eu.
gland O1t Of door, however, first cias, short dated
bills could be discounted at considerable reduction
from the bspk rate Mr.. Ayers OF London IN his cur
cuer reports the present state OF the market a. io
lows:
The Bank Directors, at their weekly court, consd-
cred the eSpedency of reducing the rare OF discount
bat the determination they arrived at was advere TO
any char pc fer the present. They however, relaxed
tire rule laid down about two months ago OF felssns
TO make advances upon stock; and II Is now unde,,
stood that during tie shutting OF the books they VIII
of cousos at TIE rste Of cent. This favorable
feature inssmuch IT shows that there Is less appre
herscn than heretofore of thr houses who usually act
on behalf Of the Bank Of France borrowing money from
one department in order to take gold out al me otner
In other words that the fears OF the effects OF the Con-
tipeptal drain are subsiding. Our own letters from
Paris mention further Improvement in the po.ition of
the Bank of France with respect to its stock OF bullion
and there s TO believe that an official document
of come sort about TO appear from the department OF
trade which will give increased confidence IN the sta-
bity of railway property in France. All things, 90
far, are satisfactory.
F,on The London Times, Friday. lsth Noe.
T1ursdoy Erening .-Although the Bank OF Eng
land have absaned from any reduction OF their rate OF
discount the funds have again been very firm to-day,
closing at further adv ance of quarter g cent Con-
sos for money which left off last evening at "a to {,
opeped AT 94i TO T. FROM this they temporarily reced
ed to gu but the market, supported by the adyces
from the Paris Bourse, soon resumed Its rmness and
the last operations at 9i to for money and 9i
10 for the 4th of December. For the new account on
the Sth January the final price vas % to t. Durlne
the day tie Bank gave notice that they would not be
prepared to advance money on Government securities
I'LL the January account of their current rate OF
cent aud this removal Of the recent resolution against
making advances upon stock OF any terms was accept
ed ss a favorable indication. This proceeding, how
ever hiss always betn customary during the shuttings
for the dividends For time past exagger ated re-
ports have been circulated of the Bauk having taken
loans on stock; and although the amoun,s so with
been Insignificant the assumption that they will now
be repaid may, probably, have operated to increase
the tendency TO confidence. The amount OF business
during the day was unmportant Money, although 90.
tanabe on short loans at 81 r cent was not freely OF
fered and for loans till January the rate was 81 3
cent The elegraphic accounts from China, announcing
decline in the demand for silver, exercised favorable
influence and strengthened the prevailing impression
that under existing circumstances the bank rate OF dis
count is needlessly high. Bank stock closed at 2l5 to
2I7l: Reduced SO to /; New Three v Cents, $50 to
4 india Stock, 226 to 228; E1chequer Bonds 9Si to
80; India Bonds, 2! dis o2I pm.i and EIchequer
Bills, q to 81 pm
In the discoupt-market to day the demand was
moderate at rates ranging from half to quarter '
cent below those Of the Bank. AT the Bank, it was
understood, the applications although limited, were
more numerous than during the last two three days.
The telegraphic accounts from China to-day are to
the 18th Of October being l6 days later than those
ceived short time back via Bombay: As regards the
probability of diminuton of the drain OF specie from
this side they in some degree favorable, since the
expectation of silver as an ordinary exchange opera
ton would now, it is calculated, result in loss. To
meet the payments for produce, however. must OF
course still be sent. The quotation at Canton was
IL, decline of Id. The exports of tea to date were
2, 100000 b. against "a 500 600 ID last year or silk
they % 900 bales against ID 800 There was NO
tea at Shanghse. Silk was scare and eI5 per plcul
higher. The settlements amounted to 43, 600 bales
az ainst 20 Goo last year. The tea duties at FoOC Chow
were being paid by bonds, pending demand on the
Of the United states QIncials
the murder of Mr.. Cunningham.
Large quantities of silver five franc pieces continue
to be exported from France.
F,om The London Esps, Friday, Nov. q.
Thursday Epening-After heightened sitting, the
Directors Of the Bank of England, at their weekly
court to-day decided to their advances on Gov.
eminent securities at T. cent during the approaching
shutting Of the transfer books. Thus figure Is high,
and the maintenance OF the rate OF discount Tor COM
mercia paper disapponts the expectations of sangune
persons nevertheless to.days measure has been at
tended with favorable effect for it will unquestiona-
bly, operate relief TO the Stock Exchange 1t Is also
viewed as Indicating that the Bank recognizes the ne
eessity of measures of relaxation and the forerun
ner Of lower rate Of discount.
The funds remain very strong, but have to-day ex-
hibited great movement. In the morning, an sd-
vance of / y cent temporarily attained but the
closing quotations were only | cent above the
clock range Of yesterday. Speculative attention
chiefly directed to-day to Turkish securities and to
Britth railway shares in which purchases for the new
account freely prosecuted, leading to sensible
rice in prices The feeling of confidence was s.ima-
lated by the news of q fresh rise at Paris.
There was fair demand for money to day "out Of
doorsv partly for the Stock Exchange 10 connection
with the pending settlement. Fistclass bills dis
counted in many quarters however, below the Bank
rates.
A fresh advance of fully 2 cent to day ests5
sbed in the French funde at Paris the Three per Cent
Rentes closing at sS5 both for money and the end Of
the month The advces from that city continue Ia de-
scIibe general Improvement of tone, which was slim
ulated BY the knowledge tn. the position Of the Back
of France smaterisy strengthened. According to
mors circulated yesterday the Banks stock of bullion
has been increased by Is boo goo of francs or f720 O
since the last return. The hope ia consequently ex
pressed that the Directors will without delay, admit
to discount bills up to - days the present limit being
60 days. The rates of continuation" on French rail-
way shares have advanced on the Bourse, but it is
state that combined efforts being made at present
by influential inanciers in Paris to raise the prices of
securities there, and the general feeling of the Bourse
n xLeaa CIHrErIIH Pr 2nnrTn ZOE THI TRInuxI.