New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-10-18

ia
II c. ,ceres there i large business dong hoss-
ses i more active l,VOO hhds' so.l-ahd l.
firm Coffee E also selling al full prices About w
hhds Sugar changed hands The market i We'll GUS
tanned The Tea sale to-day went OF with spirit at IN
advance on Greens Cotton il dull ard heavy. Pork
Is active and buoyaut: Mess, So 80 %; Prime
as IS SO Beef Is firm.
We have no change To notice in the Money market.
The supply on ccn i sufficient for tie wants OF the
street There il al increasing disposition among capt.
tss,- 10 lend money call rather thaa lock It up N
lorg paper winch partially accounts for he ease N
stock circles Paper OF IT,. class character scarce
and goe- Al e cent.
The Sub.1reasury on tie 9Th November VIII maze
considerable disbursement, on account 81 the fHo"c
Debt of 1916, which then falls due.
The work j. going On rapidly on the Mineral POINT
Railn,.d. Eighteen miles Of the th.rty,wo are con-
re,,d end the iron L al the ground for the re-
ueirder. Some Of the equipage has also arrived.
A leading Frcli-h banker in this city doubts the
ror If the suspension OF the Bank Of France. for the
r,a.n thu, further advance il the rate of inerest
would have been resorted 70 before adopting such an
exfiea measure.
Tie sales of Drv Goods from frs hands are becom-
irg 1nuch less ~ the season draws close with the
exception Of few certain styles which are still called
for 10 supply the local trade yet there seems TO be
better feeling pervading the market, and prices OF
Cotton goods instead of being reduced rs i generally
the case toward the end of the season. are becoming
| frmer Bur th. il owing chiefly 10 the advance IN
the raw material. In Wooden goods. although the
raw material still tends upward there Is no material
alteration in prices. The i obvious. In this
class If goods our manufacturers into closer COM
petition with European producers, who have al the
facilities of cheep labor aud material at Their COM
mand
In the Foreign Dry Goods market the transactions
have been o. lie moderate with both the Importers
and Jobbers and business Is fast decreasing. The
| alabsorbing topic at present, independent Of trade
! seems Ia be the Presidential Election which, IN a
great measure interfere with business for the moment
ard till the canvass is over do not expect much
a. tvity from the local trade even Prices for all de-
sTable fabrics are firmly maintained, especially staple
Silks This is owing chiefly 10 the failure of the crop
| in Europe and the great advance in prices there.
Cashmere Shawls Merinoes and first class De LANES
have been in fair request, and prices for these are
| maintained; but Stella Shawls have submitted to a
slight decline, being less called for.
| The Buffalo Commercial AdreytiSer, in an article
upon the late strike Of engineers on the New-York
and Erie Railroad makes the following sensible re-
| marks upon the subject:
| I'VE have said but little about this controversy,
although have read with attention the repsrt of the
dirtc and the reply of the engineers and have
| listened TO the remarks OF the employees OF other
roads.
1--WE admit that the rule making engineers respon-
sbe for running of station where the train Is to
,top although the accident should be caused by mis-
| placed switch, is stringent. Bu the motive and tho
result OF such rule TO be Considered before II Is
condemned. The motive only BE- saiety-satety TO
! n. rty NJ 10 q
and the lie OF the engineer. His own good IS one Of
the reasons for the rule The result mas Endorsed the
motive. The vast business Of that magnihcens road
has been transacted with safety 10 ie regard 10
the interests of property and to dispatch of freight,
never before equaed III this country.
"In consideration of this great good the convenience
of the engineer l. not = be set against such result
The rule Is strict and sever but Is not tyrannlcs
The engineer who Obeys III It's spirit VIII never nave
wheel of the track at a stopping place. system OF
easy good nature, OF la1 responsibility, may be very
literal the part OF the Company, and very Iieasant
10 the engineers but il is very dangerous to the vcs
of the passengers. We most distinctly assert that tn
government of a railroad should b. as arbitrary that
OF a mar-oiwar and that the employees ehoGld cLitl-
yate feeling of duty and discipline and pride them
selves not the personal liberty they enjoy, but on
their thorough discipline and devotion to the lives OF
| passengers.
That engineer who was found in the ruins of his
engine after a collision for which he not 10 blame
dead with both arms locked round the reversing ever
| was hero The conductor, who told us u few days
!
never had a wheel oil the hack, calm prudent
man but neither OF these 10 finch from the
discipline 10 question any rule Of the company cal
cueted Ia increase their safety. 1ne right spirit IN al
engineer requires submission TO discipline, and we
should be unwilling to rust,our-eves in train behind
one of these unruly ilgoverned spirits, who have
Gently sought force their employers TO the abandon
| ment OF salutary rule.
The Boston Trdreler says of the Money market;
| To-day brighter feeling pervades tue financial
circles of State street than has been witnessed for Il
fortnight past. The Banks are oanng freely on call
| and although they do not discount all the regular
wants Of their customers, yet the negotiations outside
are more readily effected than they in the early
part OF tire week. Tie street rates for No. notes
Endorsed, and factory accepances are quoted al from
ga l0!, and other descriptions Mt from ga IL y cent
according dates amounts and standing of promlssors
| The rumor that the Bank OF France has suspended
specie payment WILL ii correct be calculated TO pro-
, duce a favorable effect all the principal money
markets at home and abroad, for that institution has
! for long time been buying bullion and specie at q
loss and against the regular OF the foreign
! changes. The result will, no doubt, be al improve
ment i'll the finances OF the commercial world, end
adv ance in the market prices OF the majority of se
curties that bought and sold, either for investment
or for speculative purposes The specie reserves will
be streng hened materially and thus place the currency
upon much substantial basis which will restore
tie public confidence, and give invigOratng tone 10
financial operations and mercantile pursuits both
sides of the Atlantic not that suspension in France
desirable i'll itself but acceptable present remedy
for great evil
Very serious aud great interruption Is daily taking
place OH the river. The recent grounding of the
NatcheE and NicksbuIg packets, between Vcksburg
ard NatcheZ. their way hitler, " q most exraOrdl-
pary occurrence Possibly nature l. changing Us func-
or T. and intends 10 relieve the Mississippi OF waiting
tie valuable cgrgots 70 market and await the compile
ur at our chain OF railroads 10 fulfil tn great destiny
OF cur city.
IL would be hardly reasonable % assert that the Nj
ssippi River has lever been st 20 low stage before