New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-02-04
Total. ,53s, LOG

The Northern Light adds to the bank specie 81 ,5l6,
O0O and the Arabia about 81 100000. In relation to
American securities Mesgs. Barring Brothers & Co.
remark
Bu.ineee has been very limited this week with d9wnwd
sS s fs ss s
sold at 1903 dividend on and some Pennsyyans u.s.
mortgage S4 Shares I InOis Central Bonds 30 Shares
discount Michigan Central ss, Bonds es Canada 'sfa eA
div. New. BEunswickts N6.
L. i. Satterthwaite ssye:
The market for American Securities during the past week has
been dali especially for Federal and State Stocks and Railroad
sond The principal bone,. bS, been IL .9s and c Enc
New York and LONDON seem 20 bear little analogy to each other
was 2o discount while here the price Is 80 discount and Erie
Shares here 81 against at IN NewYork American Poli
desire only how to get out Of their American investments
Money rename tight
ID. Bel, Son & Co., report limited business and
nominal prices
The london Times Of the 10th thus notices and
quotes the market;
COoni, Stoke hsr beer less pea6ieed than British hut In
le OF at Grand Trunk stock 2 al the ordinary bonds
asa47 and he rsls.tnes Gea Anean railway ,si1fs
CeDIal aud Newfok ind EIe declined $685. Canadian
Five per Cent?, gs.di
The last quotations from London were 80 y cent
disconnt for Illinois Central and $50 for Erie. The
EconoD,,s, Of the 10Th says:
The market
steady the rate being rule ei cri although bills ta'
ing few days to have been discounted az g cent bit
these casss exceptional Money continues abundant, al
though the high and lie the opinion Of be best informed
for the present there probability Of the Ite OF money
being lower The Btnk Q! England Is the great index which
the rate Of money and long the drsn Of bullion
exists the present bark only be maintained but
necessary increased and long the present rate OF ex
change between America and England exists 80 long wi" gold
con,inue TO flow there.
There been great Of anxiety during the week rel
the Bank OF France. Al period prevailed
that the Bank Of France about 10 suspend specie psymeu
another that Proposs had been made TO the Bank OF
England 70 effect smother exchange Of gold FOR silver No
PREDICT what tue present drain OF bullion may do
IL may compel both the Bank Of England and the Bank france
upend specie payments but for the present neither stab
lshu may any intention Of the Kind and believe
both adopt the rule should the present dsn Of
specie continue viz raise the rate Of discount
tho Bank Of France having Ece further application
the Bank Of England exchange silver for gold there
truth whatever IN the There is however this
evening that the Bank Of France has entered into
similar that entered Into with the Bark Of England
change silver he amount Of 81 2O sterling for gold with
the Bank OF 50 Petersburg also that the Bank Of
has purchased about 9lc0OC0 in gold in Germany. And is
well Known that the Bank Of France has amount Of silver dis
propoIonae the gold holds There is nothing
remarkable IN tong and buying the other whenever 70
yorabe opportunity oeous; indeed this the business Of all
banks There doubt aso that the drain Of bullion from
France and p gland America arises precisely from the
ce1,.s balance Of trade against both countries arising
hom deficient aud badly gathered harvest and greatly creaed
purchases and cotton from the United states These
coupled with falling Oh Of orders tom America have created
balance Of trade In favor CT the United States which being
psd gold hence the large expectation vii continue awe be
lore obTysd exchanges which the index Of
the balance Of trade, continue "a they
The following ie tie specie lie. Of the steamship