New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-01-10
NEW YORK DAILY Tr,puNE SATURDAY, JANUARY 10, 1857

..hI.Anns,. have bseo stM besyis. TIE Ia. 8 tnN,
shhoueh many de,ie1 in me,ey have ooo.Nd .
sno.ou 10 koep 40 the rates - I3ns ss posi-
~ g., cfss, usrsaDt:le houses have oIpenenced no
diecul,v gha.ey tr foT many weeks psst a p;Oculos
.ccmr;odstion IN other quarters q. d - uo- ~
lion for, the Bank minimum ms Iea't -i,t ea &c,
nJeoys, Il s.Il preseatel despite he decline OF ne
RS,t rs,s N !; q cent, Really sood 0hs $50 now %
ns,otia,ed al ST. So long as tbs me e@,s SIo 80
~ .Tcai ans of oourse sbs.sn from ooTOSns
at the Bank. T. y ,;,v;r, ,h,, 3
fu,thr moderate Geclipe OF the rses o. m'pey G no'
h. louc postponed. The morey Wnleh 70 DC oe!Ls
collected By Wy OF preparation Ans. ~ 81 ~ re
yesr will soon have performed RS ounce sn9 wa 90
TnsLssad. Parties who have laid up gold s'1ie az
Their bankers viii be found ready lenders lac I'm 2o'
AIT mercantile settlement OF the lth 81 JAM Ny one
over lew days vii carry rs - ne JaaI1ry Jly.euu
period when 8 large mass Of cla-ai WIZ % g sn %,
Febnrsry again vii. witress the diffusion 81 g7eh
oraftty of money in the shape OF railway dyldeads:
Mespwhie, considerable supplies OF god WI IN al
likelihood be received from Australia ara the nie1
States; while the metallic requirements OF the nx OF
France are diminishing. AL thsse cjnsldersu )ns
encourage the hope of easier money Market s. Spa
a. The pressure Incidental to the end Ct December shs
have been got over. We are aware thi' de,rease
in the Banks stock Of coin Is to be e1pec'ed the
next return OWN chiefly the sudden and groundess
run upon some of the branch banks in the County
OF Tpt erary; bu Importance whatever at aches -
this feature inasmuch a. the demand Is demsnd and
momentary.
One OF the most remarkable financial facts Of the
day is the refusal OF the Bank of France 70 make the
ssbtest concession 10 Z demands Of the commercial
pnbic. While the Bank OF England has resumed
the granting OF loans upon stock, ana has oFerei
its dlscount cbarees from to 81, and from 81 TO
r cent the Bank of France has greatly dlsspponed
he e1pectstions Of the public by maintaining IN full
fore every restrictive reu ation Dusty adopted
There is 10 doubt however that great pressure will be
bI Jught TO bear upon the management aud IN many
quarters it is believed that some measure OF resAanon
will he announced almost immediately. The refusal OF
~. ID L u
10 ION is especially tet grievance, s1i his severe
iule will probably soon be resclnded. Toe floating
supply Of money in the French market will BE- increased
BY the payment OF The hili yearly dividend on me
well by the liquidation OF grestnumber OF railway
and other dividends next month the aggregate OF
which i estimated TO reach tS,OOOOU sterling.
II must not be forgotten, however, that the
especially railways, involves an important ard con-
sta Ut DRAIN AZ ss the market shows sympto ne
of revIvng cCntdence we witness the appearance OF
the Eastern of France Railway Company IS Dor
rover under the direct authcz ston Of the Minister Of
Public Woiks TO the amount OF upward of Il $4,000
sterling The Western OF France Railway Company
is ely awaiting favorable opportunity Tor sn-
operation on similar scale }gntute;
az the report recently Issued by NJ ROuer proves hst
tie demand for railway purposes will eontlnue large
Il rougbout the year 1857. Moresver, the last State
loan will not be fully paid mp until Februsry and the
OF French capitalists II Alsas, Spain
and other quarters are very large. As some OF their
engagements expire others freely embarked 10: |
thus the most recent advances from Madrid annOI ace
that NJ Mnes and the inanci party with which he IS
allied have uude taken 10 supply the Splnsh Govern
ment with no less than three millions IN cash. These
de .ais are Of interest becsuse tie French money |
market usually exercises Important influence |
upon our own. Considering the ext.nt OF the de- |
N ands upOr Frame 10 the liquidation Of which |
We shall be called upon 10 assist her with our |
capital and looking also at the requirements Of other
States, Including Turkey and Russis; there il no
coursg cement whatever for the belief that o rates of
money will be attained here. As the value OF |
money in our market doscends 70 moderate evs the
foreigner will be very anxious to relieve US Ct portion
Of our surplus. The number OF proscts ready 10
BIZ launched soon "a the market resumes promising
aspect Ia something wonderful and tbs fact should in
luce the public 10 exercise great discrimination snd
action But OF the various Influences which, though
insufficient 10 prevent reduction % ou- recent high
aes of discount will tend TO support them a. pretty
Ugh level of the rlost powerful! 10 the demand for
,yer for the East Despite occasional checks, the |
.fux has continued at an unusually oi rate through
put the year. and a. the present mOmen. the buyers
Indian secOunt as ready 70 absorb silver as ever
80 long the GU low OF silver continues thus heavy,
lecessatiEg tho traDnfson OF gold To the Continent
u -ymen' we must expect moderately 2h r.tes o. |
li.Cou Si1psr cent however, is an unusually high |
igbre for ihir market, and reduction hoy BE ante
)aed bt an early date.