New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-10-29

eg'-h' MGR. uiiher ear SSase sss lesfss pa -
a gl "a f sssiess ssnsrsiy at 70 al deg
b. sa,ine.s h.' not y, hoee 70 shy eit.St ess
| hlcA 10 Is rot .~' ~'A'S s~'"S
| TIE return from the Bark Of Eossua Cor thu vssk
ending the 10th October gives the fllov;ar rssrh<
wien compared with the previous week,
PGb.s tsposits... as,sss5 IroreAse"..esats
p.s s!.a.: s sss' i Rfs::'.. 'i ne
On the ether side Of the account
6 6s,t .ssts:. SO e. g, pssIs..e ~.
Ss s:, :s.ss sSs. p.sasss...: $50
The amount Of notes In crculs.on lie 1929, Ile.
berg increase Of fi2 SIS, and the stock Of buIiss
in both departments is slo, Ice 943 showing dserssss
Of f5S279 whea compared With the preceding retaa.
The London SaPPirg and Mercantile Ga,aAs -
tie everiIg of the l6th irst rays:
There has beef about 100 go In soyercigus takea
from he Bunk for shipmensto America. The smoset
Of go'd for which freight hiss been engaged for tAst
destination Is fi00 otO which has beea insured at
to v cent at Lloyas and with the Insurance Com
panies.
The Royal Charter from Australia, has arrived VIII
f36o,OOo, and the kirg Philip With fl600oo. To-
ge'her mt kin Gj20,O sum which vii meet the
den amos and prevent any further Withdrawals frso
the Bank for soue tine. From the Continent thsrv
j. about fi5 100.
There is good demand for money, snd the raese
aye firm, bat the extreme pressure lately noticed hes
in great subsided and healthier tsse Pc.
yaCss me rcantle circles,
The improvement in the aspect OF affairs gives more
stability to the market fr Console which are nov uP
to 49, 10 for the account and look as II they wou0
go s'ill better, being rse today Of per cent the
opening price having been SS to I. Exchequer Bti1p
are TO- TO 5s. dis. Money is very abundant on tho
ST. OK Excl snge, and the obbers short OF stock
There Ii particular movement in the Foreign w.
osIities
Hal: past fro O'Clock -There has been farthss
improvement in Conscs, and the market is hrm. The
present quotation for money is Ssl to J. and Tor the
account So 10 50.
The London Times Of the 18th says: This has bees
another favorable day and If the news from Americs
by the ARIEL which is still delayed should not prove
very Encouraging there will be ground 10 hope thst
an increase Of pressure may be avoided. There hes
been announcement of any further fsiluros Of mag
nitude, either in London or the Provinces.
Shipments of bar gold to the Continent are STIR
suspended and several orders for the dispatch Of svse
~ lrds have been countermsnded.
The pressure for discount ut the banks conttnuse
heavy, but 1t has greatly moderated in compsrisoa
with the early days of the week. and the large repay.
ments Of advances falling dine have been well met
The London Morning Herald Of the 10Th says:
A great alteration for the better has been ,psrent
odsy in the sfpect Of financial affairs Notw,th-
standing the demand money remains heavy, aud the
public seem to anticipate continuance OF high rates.
the circumstance that thBe ank Directors cou red u
uni ecessary TO impose any additional restrictions on
accommodations was Of itself sufficient to create COR
tdence and encourage more healthy feeling.
As however the future action OF the Bank suth0ri-
ties will depend upon the character OF the sceo1ats
fem Anne rca, due cau ion must be exercised bet,rs
placing reliance an immediate arrest (even 1t tn
present point in the advance of the rate OF discount
II must likewise be borne In mind that the position %
the principal money markets Of Europe, particularly
Germany and Holland, are far from satisfactory. and
that symptoms of uIfavorable action through the
expansion of the banking system have htfery beeu
than rcc exhibited.
With such state Of things in existence, which css-
lot fail to be sensibly influenced by dIseouragng i'd
vices of the rrogres OF the CRIES IN tbs CIited States
or disastrous nteg ffem Indis the necessity for
tie exercise Of prudence at this important iunctus
must be sefeyident, ard every disposition to prevent
anc mitigate undue alarm Is manifested Through
these means great mischef has been avoided, muo6
10 the advantage Of the eIcantile community snA
the interested in the stability Of the various deecdp
TORS eli public securities. The fluctuations OF tbs
day exhibit slight tendency to improvement but The
several failures announced checked any marked AMI
maiitu.
In the case Of the change against James O'Conns
ard Wilson Bleskney, charged with conspinng To-
eether 10 defrnud the Merchants and Manufacturer
Bark Of Pittsburgh on! of money amounting 70
s3lO, 0OO Mr. Beakely the Teller who permitted tAs
over6Iaits has made an affidavit in which he entirely
eScnlpates Mr. Thomas Scott, the President of the
Bank well all the other officers Of the institution.
frop 81 blame in the matter. He says:
The knowledge Of these facts was confined entirely
to u yself and james Conner; none OF the officers
Of the bank knew anything about It. Tho Presidents
Of helbapk Thomas Scott, frequently asked me how
OCopnor Bro & Co.'S account stood, and pointed
out TO him the balances in lead pencil which appeared
in favor Of said finn never informed Mr. S,ott o.
the deception that practced in carrying over faise
balsncss. 10 Me-. Denny, the Cashier, gave the
same al swers and be also deceived 10 the 6ue
state Of Conpor, Bro. & Co.'S account.
In regard to the Money market at Boston The Psst
of that city says: -
1--WE are able to report q considerable decline is
rstes with Increase Of negotiations, and OF he
outsde supply Of credit Among recent transactione
within our own knowledge, certain lines Of select
grocers' papers, supposed to DO particularly wen.
known to the purchaser have been taken at Oh
y cent Money is little more easy and abundant !.
the street, but most circles 1t is yet very scarce sad
high. This Is about all that truly be said OF the
IMPROVEMENT noticed. The discount houses arc
' win paper thss ISsy 1sSS heretofore
I've are happy to say that In the banks money "
pretty easy to esteemed customers. Some OF tho In
stitutions poor, and for all we know they sweys
finds little difficulty In getting good note Dashed e
5 10 y cent In como OF the banks money rs very
easy although the loans have recently been Increased
The specie and deposits are grsaua oecGnng ,a,g
from the has left gap in the applications has
cannot be filed in moment. Since the bank suspen~
sion, tire specie has increased about &JOO,0OO On
Monday morning the aggregate holding vas but little
ess IL an 50 900 0OO-a toleraby respectable II.
after the resumption Of cash payments, the Bo'sos
banks do not adjust their loans as 70 keep
Of coin on hand, under ordinary circumstsnces, "
h De the law will step In and compel them to DO 90
Tie email holdDgs of about one halt Of the banks are
and have been d-ersceful to them a. baDksrs see
fnaI ciers and Injurious TO the best Interests Oh soo~
selycs and custofners. -
The sstemsnts Of the Boston Banks for the past 10
we. k viii compare IS follow:
Capital ,toek......... 81 seeocS -, 800 80