New-York daily tribune., 1857-10-16
THU RspAy, Oct. l5--P. q.

THURSDAY, Oct. l5-P. q.
The improvement at the Stock Board continues 10 b.
rapid and the transactions TO much larger skese
than for some time past The bears since the saspsa-
sion of the banks, have, it is understood, tskss q
nearly all their "shorts," and the demand from the
source has been increased by new speculative move
ment for rise in which come of the leading menbers
of the Board heretofore operating the other ede are
concerned There have also been some conssdersoss
purchases Of owprced stocks, especially Stsss 90
curities by capitalists who lost all confidence In Nor
camille paper in which they baye heretofore used ths
funds The advance in State securities has been very
rapid, while the supply frcmthe Bank Departmsnf hes
been cut off by the fact hat the bsnk circalsea -
longer goes home for redemption The sales Of state
stocks to-day reached some $4,000 virginias sod
at Sid SiI sgainst o. Tuesdays Tennesse 6s o. g.
an advance of 10 y cent; Missouris at 6S, an i'm
provemert of = cent; New York Stocks Of 1853 sosf
at 95, having sold within few days at S5; New Yofk
6s 1873 brought between the Boards 1903 against 70
few days since, &c. Ra lroai Bonds are sso better.
Erie Second Mortgage sold At 75 the last fair quota
ton being 60; Illinois Central improved to So from %
on Tuesday last. The advance in Railroad Shares
rurs nearly through the entire list In New-York Cen
tra tie advance is Y cent, the market closing st o.;
Gslena 3 y cent, Rock leland v cent, Toledo v
cent, Milwaukee and Mississippi Y cent Illinois Csa-
trail y cent, Panama y cent, Erie y cent, SO.
Tie Only registered sale Of Back Stock was 93 shares
Bank of Commerce ct 7Oa70i, and so American Es'
charge at TO- which was down to 50 few days siaos.
| TIE feeling at the close was good
The Foreign Exchange market is very unsettled.
with but little doing for the Fulton on Saturday.
Drawers ask IO5 to lOs but bills on the market -
low a. par. The business for The steamer will prob
ably be done at par to 1903 y cent
Ffeghts fimer. To Liverpool, 1000 bbs. Floor
at o.. $1,000 bush. Grain at I'd. in'bulk and 3D. n
bsgs To London 1900 bbls. Flour at 2s.; 80 tisrsss
Beef at 22s. Cd. To Glasgow, 500 bbls. Flour ct -
Cd To Rotterdam, 600 bbs. Rosin at ic. To
Havre, $50 tuns Copper at S, and 10000 fb Tsllow
At &c. A vessel was chartered for CoWes aud mar
ket with 400 hhds. Sugar at 35s. foreign brig vas
chartered to load Corn for Cork at Cd. 10 bulk.
| The business of the sub Treasury was: keccpA
sI2s 900 90-$I0O 900 transferred from Boston; PAy-
mens, $I93 O69 81; Balance 687 69i 70. Thete 70
an active demand at the Sub Treasury for Silver aod
small Gold for change and the Treasurer, Mr. Cisco.
is doing all In his power 10 meet the wants Of the psb
lie by putting up coin in small package ready 10 b
exchanged A large amount Of drafts On the Ssb-
Treasury have been ad vssd which have not yet been
presented. The amount, including 500 900 held By
| the Bowery Savings Bank exceeds q million.
| The exchanges at the Clearing House to-day wefc
| As. .375 600 and the balances were to bs paid st
o'clock this evening. The balances Of yesterday
were not paid until to-day The business OF the Clear
ing House has very naturally been dsaauget for the
last four dsys but plan Of settlement was agreed
upon to day, which will preveet further trouoie. II y
agreed that hereafter basns shall be paid ia specie
or such banknoes city or country, which arc recavea
over the oouLters of the several banks, and that,
any bank shoud be unable 10 meet it's liabilities in this
wsy payment may be received from It In certlcsees
of deposit secured by collateral Of bills receivable, 70
be placed in the hsnds Of Committee of the Clearing
House. This pan gives much better satisfaction thaa
the hare. money scheme, which was originally ilssted
upon, and which would have placed the weak banks
at the mercy Of the strong ones.
The street il wi hou excitement to-day bat businese
moves on sl5ggi.hIy. There were few failures e.
| nounced; but the number Of exteIsons whioh are
being arranged very large The bank officers ere y
constant consultation in regard 10 the details Of ths
movements for the future, although there o. yet y
little concert OF action IL is thought that the sgsrs-
gate line of discounts will show small expansion. bas
that some individual banks will still be obliged 70 oee-
tract. The Metropolitan and American Exchange w
probably be enabled 10 aid toer dealers somewhss ~
discouDtipg upon the country notes which nave bese
accommodating n their vaults for the last few week. ~
reason OF the inabLity oil then interor coHesPoass
to redeem promptly. TIE action Of the banks lsss
night in sgreeing to receive and pay out State noss
A. psr currency has been received 9Th gensfsi ~
.faetiop, but tie effect of it cannot yet be kno ~.
1t will require days to perfect the details Oh ~
new branch Of bank movement, which Com@aSes
the banks have under confederation 10 rignt.
We are requested to contradict the report pc.. !.
in morning paper that MesHs. Lawrence o''P V
Co. have failed. ....;.--
A teleerapbic dispatch fron Boston d..eo "a.
Inc st,.es that Messrs Little, Alden q Co. OF 'as'
oity have not suspended psyment nsitnsf lss - -
p.nsc M,ls of which they are the sgen~' soi w.
.I,s,,;ou be granted which Is has sskss, -
%h;.h ,hsrs !, every resson to believe win ostsh
s. Drspe.s regular semi'weeAly sale OF bonds ssa
.,ocL. viI take place tomorrow (fiidsyj, q isi
,.,~ct At the Merchants Exchange.
aIber. H. Nicolsy will hold special sale Of stocta
rd bonds tomorrow Friday, Oct. i6I, ct i2l o'oiock.
| =. the Merchants EIchMgs.
God is flowing into the street freely. for SALE ~
the quotation ia 1 to / y cent premium hsssn
Trevor g. Colg.ts were buying eli day Of So.
The demand is good for other cities, and hese 90
speculative buying BY parties VINO lock ios -
rete Of premium 10 Q fe~ weeks. Some o. .e
have been buying o. about 1 oecs, sso =.
them are getting considerable dsPesse - 4.
seIsrs a. par. probably Nth - aAs''e :