New-York daily tribune., 1858-04-08


I've fstuits Of the money msIket are ,,,, a.. AZ
oxt, o,dinsiy abundance. Notes Of the h., .,..,.
ave been rsgotiAted to-day at ~ y ce, -,
such transactions are Of cour-e e.ccpuonAi -
losrs rave been MADE at y cent and t,,,...'
in COED standing the suppl! at this rate ab.,,. :.
leSdrg securitiss-it berg now simply ,..s "A
with mocsed institution and capitalists. a. l., q. A..
ploymeDt Of their accumulated At
of intereet during the d,y interval Of busness
pense rather than 10 allow It's longer unprcfable sag.
nation. Some of the Banks have been buyitg up
Treasury notes o the issue at premium. u en-
ploy their surplus resources. We hear Of purchasse
Yesterday by two Banks to the extent OF t6o.0o.
This better than anything recently stated. illustrates
the crippled state Of tsde throughout the cousty
condition of tLpgs however which during the Auums
We anticipate will undergo change nearly as striking
a. that which followed the courre Il the late crisis,
and rhich resulted plugging the country from pss-
tion Of apparent prosPt iy to one Of almost unsx'm-
pied dspressiop.
Tie Assembly to-day passed an act egaii'ng time
transactions in stocks This intelligent step IN the
right direction and if the act is purely and simply thss
of making time contracts valid and binding betwoea
the contracting parties ordinary credit trsnsactisns
in eiohandise without the absurd restrictions which
have from time to time been suggested BY men having
il will be heartily commended and approved by the
pubic. II people choose to buy sod sell stocks %
tune, there is no resscn why they -hould not Be held
legally to the letter and spirit Of the contracts This
the true way to speculation in the Stock
market.
In relation TO the movement among our bssks
against the pay mept Of interest deposits, TIE Low
don Times, Gays:
Under natural circumstances the deposits iodssa
with bankers consst either of balances ett In tho0
bsrds ip order that they may make proht IRON ue0
10 pay for trouble incurred, they represent siDpT
he ainourt Of idle capital belorging to the public r
which at the moment there seems 40 remunere'tvs
hsrpel Of inyeetment. la case therefore, can the
banker afford to mako any allowance. Ii the puouc
O. go money with him solely because they cannos
| Io6tsby employ II either in commerce or she STOCK
market how is he to find employment for II so a. NOS
merely TO pay bis own expenses but to surrender .
ant Of the proceedsl The result is impossible. He
may by competing for bills stimulate . throsg OF
tckess sdventues TO enter into tr ,ding operatces
any extent but he caDrOt escspe tho consciousness
bat he IL performing this process with the very funds
lodged with him only because the mercantile con-
unity have already made the discovery that trade
oyerfore This il tie utmost he achieve, and the
crssh of 1857 was the inevitable consequence OF the
fret con plete development OF the system.'
The London Times Of the 9th March, says:
"The transactions in the funds remain unmportaet.
and in the further absence Of any political news the
tendency is st toward improvement, gold coutsutsg
to ow into the Bank altt ough prospect ofariyss
America has temporarily ceased. Consols which iefs
off Isst evening at 96I TO 81 under the influence Of
a large purchase for money went to Tto TMS. s,.
was the final price for both mose{ and account lsds
Bonds cIoseo at e3l o2si, ard EIcbequer bills 36i .
S9i premium. ~, -. r..,o, rh,.s -
Cents on the Paris Bourse this evening wers 69f 6So.
for money, and G9f 80c. for the end OF ths month.
show ing decline of an eighth:
"At Hamburg the rate OF discount has advascse
from 10 2s,p cent.
"About t7, ,OOO in Australian and other gold wss
taken to the BsDk to-day. 80
The Colombo, with the hesvy portion Of the Ch.ss
mails i. expected to arrive at Southampton ebout tho
end Of the week She brings Ef6, 200 In silvsr Col
lars and G. 800 soyereigns from Iisng Kong
at appears that the first amount TO be raised W
the Irdis Company under the authority Of the iosa
act lust paced will be Is 600 00O in cent debsn-
tures 10 be rendered for at such prices as capitalists
may deem proper. The cash will DO roquirsd !.
mon hIy ipstallments terminating in September, and
oiscount at the rate Of v cent will 10 allowed f~
payment"
The sane paper notices American Seouritssa as qut,
and witt out change. It records sses ON tho %td Of
March Of Uinoi. Central - at 50; do. shares %
d,count, ard Pennsylvania Central Sterling Bonds q