New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-16

The State Controller has revoked the authority OF
the Safeguard Insurance Company TO do business in
this State. The demand for money is moderate, and
the SUPPLY is abundant at SAL y cent on csll and 6d7
y cent on first class paper. TIE banks are lending
to their alers freely ard in the discount houses the
demand for fayorite pames exceeds the supply. No
one appears to anticipate any interruption OF the pres
emit ease in the Money market during the remainder OF
1859. The exports of specie are still large enough to
create some appreciation OF necessity for farther
contraction by the banks il not that We are on
the eve Of the new Cotton season, and may expect,
within sixty or ninety days. fair supply OF Cotton
bills. Treasury Notes are in more demand for Cas-
tom House purposes and sell at cent discount,
excepting the y cents, which worth : y cent
prem. Government 5s also held more firmly,
since the large amount hitherto unissued has been ar
ragged as going abroad. They are now held At
1884 aIOi Short Government 5s are lol a lOll.
Some interior banks are in market for State Stocks as
basis for Increased circulation, and considerable
private sales have been made at advancing prices.
sae of State S. 1873 was made at 1881, which is an
advance. They are held firmly at that with but few
on tee market.
The exportation Of Domestic Cottons the past week
hes been large, and the general home demsnd has
been quite equal to the Of the ira 1e The
shipments to China alone Of heavy goods, amounted
to 5000 packages, while the clearances to the South
American arket were quite important.
This Constant drain upon the manufacturing dis
tricts admits Of no accumulation Of stocks 10 for
mer seasons and if the activity OF business continues
there will be complaints from any department,
whether Of distribution manufacturing. The gen
eral Jobbpg trade has maintained its present activity,
as il is sustained by the nearby Southern and West
ern trade but the bulk of the far Southern trade is
over; but good demand is expected all through the
seasop, the bills in many instances will be depleted
by orders.
The new crop Of Cotton is attracting the attention
Of manufacturers and factors From the cotton dis
trcts we are receiving the usual amount OK wailing
that the wor in one section and the drouth in another
is reducing the estimates which were current few
weeks since. But it is pretty clear that the crop will
be larger than any one before known-if the frost
should be as late the average Of the last few years
The current estimates Of last years crop about
3 800 600 bales but the recent tables show actual
receipt Of 3 $50 600 baes-whch was nearly 900.
600 bales in excess of that Of 1885, and 7OO0 600
bales greater than the previous year The high price
of Cotton during the past few years has stimulated s
production to that degree that no accurate das can
be derived from the receipts of previous years. Texas
will increase her production this year nearly one
quarter above that OF last year and large quantities CT
lard other States is being constantly brough. into re-
quisiton which has heretofore been under cultivation
for the cereals ard other products, and il would not
surprise some of the best.inormed if ths crop should
prove equal to 500 900 bales That the price in any
event will rule high with the continuance Of the Eu-
ropern demand seems probable.
The importation Of Plain Cottons At this port during
the week ending Sept. g. as compared with previous
years, has been az follows:
1857. 1858. 1853.
Por N. we.t.....,........ eslTS e6ll3 Sl05 9l
Reported .luce January l... 7,s2sss 2sS,92 523,Si
Total. ss,os5 28a s2ss5.Il5 ss21i,is,