New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-11-23

Sterlins. % -,
The potion of the market for silk is thus noticed by
Messrs. Durant & Co..
We have a miserable report to give OF silk. Inc
hone entertained last month that with the Cessation
of failures business would resume its ordlI airy course
has not be en- realized Further reduction in prices has
fai'e TO bring forward buyers. In China SILK some
business was done at the close Of las. week. and buy
ers seemed to be slowly relaxing from their determined
holding OF from puIchases-probaoly oUV oaie'
charged handsbut for the last two or three dsYs we
have been again quiet transactions being agala lin
tied 10 daily requirements an occasional forced sale
Bengal ELK has shared TO the full in the general quiet
Some few small sales have been made In the better
classes at sonethipg approaching the reduction In
without supply hence quotations remain as before
Ita isn elk remains dead lettsr-occssonay bale
or two lie cold. Importers 10 some cases would vii.
lrgly submit to heavy reduction of prices, but that
avails nothing. The abundant supply Of Asiatc silk
eectualy preclndes the probable use of Italian. In
BIutis and Persian silk nothing.
From The Londsa Times Not. O.
Saturday ErsRing.-Late this afternoon sus-
sret The firm is that Of Messrs Dennistoun Il Co.,
ore OF the largest connected with the American trade
in Great Britain Their liabilities it is feared. cannot
be much short Of 60 600 000 These are spread, how
faIber heavy d.ster Mess. Dennistoun have houses In
from hOe points rendered their s,Oppase
v0idable The head Establishment is in Glasgow where
Ss v sRTd a Ne
Australia; they have as corIe'Pondents Msssrs Den
B s c S0s aP that % w not e
and other known to be Of magnitude. and
scarcely pcsbe that under the worst crou
then .ne&rrsssmtn can be more than Temporary ALTHOUGH
xey has been felt With .egsrd them for several weeks
past their honorable standing has for moment been
esed IN question and there viii be all sides deposition to
promote every arrangement that be calculated 20 hasten
the posoy of complete resumption Subjoned 10 the cir
"Noy I've have the painful duty Of informing you tina.
Cur e.,eh,hmers this country obliged By the almost
entire Of the usual emittsnces United
for the OF their debts This has arisen 50 re.
Gently out Of the notary crisis In Amerca that not
power to what INDULGENCE may require
woe swnns uither sdyees fIom abroad win place
tS"ss IN The bands o; well known In London
oeo~ WITH view to prepare full statements Of sfNrs,
the earliest possible day. when hope TO Law before vou such
spSposS a. vii meet with your approbstiOn.
o2r housss 81 D.nLtoun Wood Co, Of New-Yort aud
the houses In Great Britain but the Of Dernoup
Brothers Co OfAsIbOurne i. distinct establishment
81 IA DENNIsrouN Of GLASGOW.
"ALExAsDER DENNIsrouNk Co Liverpool.
"pENNlSTOUN CROSS Co. Of London Z,
The Funds have again been very steady Teey o,enea
improvement Of cent and experienced further il,r
advance before the close.
The applications for discount ~ the Bank IA, ware
place whether the advance should no: De 10
cent Of and is eyceu would have b.n
srv measure be decided upon be hspcd IN. "a
plan Of waiting for the regular Court on Thursday viii
revived
Monday Erehing The Bank Of Directors raised
The rate Of discount this morning from per cent AT
which IL was fixed only on Thursday sst 10 the nj.
mum Of 10 per cent for bills up TO % days. Tns Is
the fifth upward movement, within the ebert space Of
tirgle month snd il mskes 8 total advance In the
value Of csp.s IN the course Of that period Of ~ sss