New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-01-24
COMMERCIAL INTFLLGENCE.

The Times City Article OF Tuesday, Jan. 8 oays:
THE Bank of England this morning, shortly afer
the commencement Of business advanced their rate Of
discount from to T. cent. This is higher than any
point attained snce the paIic OF 1851.
"11e step came unexpected and a few Dinutea
previously 10 Its notification money was obtanaos IN
The discount market at u fraction below the Bank
terms current. The reasons assigned sufficiently
intortart Not only did the Asia take ont further
sum ss $500 600 but the Teutonia mas carried ont On
Monday tie further of $4,000 and 1t may there
fore be inferred that the City OF Washington, Arago
yigo North Brtop, Marathon aud Niagara, 10 sail
during the week, will all, or most of them, have ad.
d,Ona totals especially as the accounts to-day ara
likely TO excite tho confidence Of remitters Az tue
sane time the adyioes from Paris are diseouraginS
it'll regard TO the position and prospects OF the Bank
OF France which, in its approaching monthly state
ment u expected 10 show further very considerable
reduction Of bullion the effect of the American panic
having relatively been quite much felt In France as
in England In addition to these considerations there
il Llso tie ct of the last weekly return OF our Bank
showing falling of OF 81 GA 6O in the reserve OF
notice and that the accounts from India although they
cobirm the statement that native loan is con-
templated indicate that if public improvements are TO
be continued 1t must be by funds drawn exclusively
from this aide. The jont-stock banks have made no
alteration in their allowance on deposits, and VIII hold
"a meeting tomorrow to consider the action 80 10
adopted.
"Ihe discount house, have also abstained for dsy
from making any change The financial bouses con.
nec,ed with Paris expect that the Bank Of France WI
find itself compelled forthwith TO follow the upward
movement Of the Bank Of England
The an omit Of the Turkish loan Of Is, 900 0oOf SUBJ
scIted by the public in France, is ssid TO be 5O0e
The remaining II 600 600 has been taken in the crede
Ipdus,riel aid variety Of other financial e;'aobs-
aents III France, Germany, and Turkey, al ehe ou-
tractors price Of 53l.
II is stated that remittance OF ldVooi: III eoia nS
lust been made from Constautnope portion Of when
il rrohally on English account, and that the rate OF
exchange hGs dccliued from l32 10 10.
"a aharp
New-YoIk Central declined.
norton of the bar silver by the Mexican packet
has been disposed of at u d. per ounce shownga de'
cline OF Id. - .tau,
mr. IRA TRADE, Jan THE deliveries in London
were 769. 39S 10.
NostY MARKET.--London, Tuesday evening, Jao.
s1l English funds cPenod this morning a. *.
peenc.d iphe fall the Intelligence q the bsnk q
having sds %Cysso' Ct Z ss' Of OF issI B.ns ss
Ultimately however seen that his the m.s h s.S
that AND ,Se Cr ryo SnS that might lead 70 sc.
results which could net fan 70 poSss apparent
cnrsoIs for money We're G quoted s se . S IN
lie fluctuations they returned to the nr' 9'0''A0'
ihe for discount Baud we've again &c Be
lively madesie the supply being sSsa 70 ,I below H.
The discount establishments have gore hcm SS
none, CALI ard from to with s, sa.sp, ON ros. rem
p1ice from par. on Tuesday evening WA s0L WI
The ne, ncnthy q the Bank o. f,sT ns Sss,s
shed the ind OF the week e iooked =, The buoa
~. Saclir,d from fI1, 200 600 10 about fS yo1t
| American Securities were dull, particularly 'n0'' " "
| and Erie. - T.. Q The market
| 4, dun md sAes DO exceed 900 bsles-l.uV, On
snd 10Y esuc,t Previous quotations barely lar
JIyERrooL Co.'s AID BREADsTuffs, n1.s =, 3s.!rs
There was ouly retail budness done ~ he sa, declined
~ hou "a ~ IC0 10 on prices of last Friday 10.
Sdai bbl Oats unsllered BsIley and Beans N,sl
| dian Corn very dull, and 81. y qf. lowers AiHs'
r. Ian -
iospoy PRoDucE AsD Provision MASsEr, SsA a.
Sugar steady. Tea quiet. Cosse sses ps ,,oD
| Talow steady Of Seio on the spot sS0'e
i . .u,,asr nv THE ARAGO.