New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-04-12
The folowingisa comparative statement OIL value
Of Exports from the commencement Of the year 70

Decrease as compared with s4,fs7ss5
The Americas news, as cleaned from the telegraphc
dispatches published yesterday morning, conveys
favorable impressions in regard to the money market.
The bullion Ieturns Of the Batk Of England for the
week show gain of f772, 900, or about 81 ,OOD
which il an important increase a. compared with the
preceding week The Bank had made no further re-
duction in the minimum rate of discount, but /; was
anticipated that the figure would be fixed at "a per
cent at the next meeting Of the Directors. Money vas
in slightly iDcressed demand, owing 10 the usual re-
qurements at the end of the quarter in foreign e1
changes but discount rates in the open market con-
tin ne ct from u ?! per cent. The accumulation OF
unemploy ed money is large, and the funds had ex-
perenced a further advance, closing at UtG9|5 Tor
money and 97s 81 for the account. American stocks
were dull with limited transactions. E'ie shares are
quoted at from q TO 90 which isfuy 7psr cent higher
than quotations ruling here. Cotton declined ID,
owing to uDavorable advices by the America but had
previously been quite buoyant at an improvement
Of over previous quotations Biesdstufis continue
dull. The political excitement growing out of matters
connected with the late attempted assassination Of
Lous Napoleon appears TO be gradually subsiding.
The America mails Will be due in this city on Monday
morning by the New-IIaven train.
Money is in excessive supply, without change in
rates Of discount. The range for prime notes in the
open market is nominally from TO 4 cent, and IN
exceptional transactions 81 = cent but the sppi
cations are insufficient TO absorb the large amount Of
idle capital, even at these low figures On call, the
quotations rule at f. ON TO = cent in the open mar
ket with an over supply of capital TO borrowers OF sp-
proved credit and acknowledge responsibility. Jn'g-
ing from present appearances there can be no ma5era
Hcrease in the demand for money until the market De-
gins feel the opening impulses OF the Autumn trade,
and many believe that even this period Will be too
early to expect any marked activity in the movements
Of capital The Capitalization of money has been es-
tabished in brief period, by shock OF Crisis which
was felt in the remotest quarters of the word-s dstr-
button will be work of more gradual development.
The monetary and commercial affairs Of country
thrown into confusion much more easily and in sshorer
space of time than il takes to restore order and har
mony. The complicated machinery OF trade, once
stopped and dsaIranged cannot be set fairly IN motion
again until confidence that plant Of slow growth is
to some degree diffused again.
The act legalizpg time sales in stocks wss passed
by the Senate to-day, and needs bat the signature OF
the Governor to become law. The announcement
was received at the Stock Exchange with lively de-
mopstrations Of satisfaction. This intelligent
men in the way of legislation will no doubt operate
advantageously in checking wild and ipjudicous spec
ulatiop. People who undestand that their credit
transactions in stocks quite as valid and binding
upon them as ordinary Obligations incurred in trade,
will hesitate before ventung as recklessy as hereto
fore, in business so cspncious. is Just law which
thus holds men disposed 10 take advantage Of credit
in the stock business TO the letter and spirit o: their
contracts.
The anthracite coal trade is frightening up little.
The SchuykI canal has brought down 1888 tuns
this week, and the Reading Railroad 81 26 tuns-in
ALL 46, l5l uns for the week. The deficiency on the
railroad, however is large, compared with last year.
The following exhibit shows the condition OF the