New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-10-06


"The mercantile business Of the season. although
fair in most branches aud very good In the nearby
Southern and rets lines OF trade, has not been SUI
ci nt large to affect the Money market unfavoraby,
smaness Of breadstnff export and the extraordinary
shipments of COIN Money, of course Is not as cheap
and abundant Last year but |. Is still plentfnA
on first class names and securities Of BAL cenes
whether in the backs or with outside dealers; and
notwithstanding that the specie exports bkcly -
continue heavy and that the crops cannot but reqaire
more and more money ss the season advances, until
the close Of navigation at least there Is no good reason
to believe that money will be materially desrer during
the remainder of the year. Business Is now tApering
off again and with ordinary receipts Of gold from Cali
forna with the Increasing exports of cotton, csrsss
and other domestic products and with the handsome
accumulation of credit and specie at the sssbosd ~
have fear Of high rates for money, IL the i'm
ports continue unduy heavy and the present ougo q
gold be SUSTAINED through the Autumn. The West
owes too much to the Atlantic cities TO allow her 70
take much Of the gold Of the latter and the chance H.
with the low prices of her crops that the movemeak
will be anything but hurried. 1t will probably ocntaus
through the Winter, with more than usual strength,
bsueftipg the railroads, and only gradually telling
upon individual debtors and creditors and upon debtor
and creditor districts"
The Grain movement at Chicago is quite acivs.
The receipts Of the past week were:
sGs SssS s ssSs S 3: So s Ss
s.ne week Iss.. lts7t 4'e 900 2s $50 1880 IIsss
s9s: /; Ji 1sis : ss ss s ssss as :
The Cincinnati Gazette of October 81, says:
"A lively time is expected at Lexington on WsdnAs-
day. The heaviest bondholders are divided sm0aG
tbemseves, and it ID, as yet, impossible 70 say whas
organization will command the most strength. A Ken
lucky party made an offer, few days since OF equal 70
30 cent for ID mortgages and 22l cent for iscoms
bonds, yable in six, twelve and eighteen months,
with cent interest. Tnis offer was made foe secu
rites to the amount lat par vsns OF 500 600 but up
to Saturday t had been accepted for 500 900 only
is thought by that the property will sell for over
g. 100000. New-York capitalists now here for ths
purpose of attending the sale.
Approved psper continues TO meet ready sale e
i0ai2 y cent fret clsss securities being plscsd With
out difficulty both In and outside Of bank within thu
range; but the offerings are graded BY pretty high
and OF paper tina, falls below 6rst asd seo0a4
class there excess and for the lss.er particularly.
the msrkst is sringent.
There wss better supply of Eastern Exchsngs a
Saturday and the demand was freely met q / pre-
MUM. Drafts on all Eastern cities bought, gea-
mors. in some cases at 45 New Orleans wss inactive
at psr buying, and 1 premium selling. The local ~
msnd for gold continued light at quotations. Tho o.
feripgs of bills were small. We quote 609 Tor Ease-
ern and 4al2 for New. Oreans. Prime 90 and 80 deg
paper, on the latter city, sells az equal TO . cant"
The Nee ORLEANS Picayune says:
The exchange market unsettled to the close, boz
no ysriaion occurred in rates Of either foreign o. D.
mestic bills. One Of the Bsnks, which sold dghf
checks on New-YOrk during the forenoon st par, sab
seqaen,ly purchased round amounts at ' cent Pre-
MUM, and similar iregnlsity noticeable 10 w.
rety Of cases Holders Of sterling resolved TO b 6rm
Dot for webt of uniformity Of action some psiss 80
ceped q for clear bills while others obtained u foe
the same names. The latter, however, must still b
considered an exceptional figure The extensive move
msnt yet;eldsy in francs considerably diminished the
supply and drawers appeared sitter this morning. BET
they aid not succeed In establishing fractional -
vance. Time drafts and short sight checks on The
Northern cities continue In limited supply and demand
and rates indicate varston whatsoever. In fact tAe
movener. all round has been restricted siocs Our las
and rates have Undergone no change vhAtever. We
repest our previous quotations, - folOws:
Clear .;sIliDs sd. ......-"..sssix cent .s:.,:..
Bill u AIDING eceb soks
aA - = dodsi.
oiIy day bills the North. 81 csns esoocnf-
dis 20 Per At y cent psemaens
The statements of the Boston Banks for the pssttws
weeks compare as follows:
Sept D. Oct