New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-07-17

The L0Ad0a Times o. the 9th thus notices and
qaotcs The market:
H. colonial. Atlantic and st; Lawrence sdv,nced cent
and Grea, Weston q Canada hare. share further
. l1s occurred IN aud Trunk Of Cansds stocI in
', 81, i9 .pd isT2 In America Atlantic and Great
Western improved P.nnsy ania h,lroad .eS9nd oor',
ngo recovered New.Ycr, Coa,rai shares and Eie thitd
uongsge further declined y cent ard q cent respectvely
sui Ne.slcr Genital aud y cent sinking funds were
each quoted y cen. lower
Wnh refer.pce TO the market for American securi-
ties. Mr. L. F. saterthwaiie reports as follows:
". have again note continuous OF ATeric,n
bond and ocls of oil kinds oF sale in the London market
,nd 10, oefed being in Of the for ship
ncni 20 N-o iorA quotations lave been gradually forced
do..n market closing heavy a. the lowest rates Of the
wees
biesu,. Baring Brothers say:
we have 10 notice further fail mi. week IN United State,
sto,, Tho Federal T. cent bond. are quoted Iis ne %
At :. Q56 Pennsylvania, stock 70a1l-bonds 72a Mary
80 "a, sterling =, 4eaH Illinois Central g. Is-6s 10
90 H-~ yor Central O. Gade3.s 1906 shsres y OH
.re =, ssaal-shases, $780, Penn'yVaniA Central $50
TAe Ecoaomis. rays, in regard to cotton:
That position OF the cotton famine which long since fore
ssdo~ea IS 200 er oI later ineysas hss @ s Se
sumption and the export have both contn ued to he relatively
so arse speculation has bscom" active and eve,h and
prices have been driven TO hight unprecedented in re
cent m- he stock. which last wear vas sbont Z,eWo
b. fallen 70 ls Nor. them 2O and o. a., sh,c ars
wear The India hand too 10 only onethd OF the
us supply at III: date OF 5000 BALE. ard : ,, guam
nder thee. circumstances here IL no cause ior surprise IN
what has psce Last week Upward OF half the whole
they last and threefod what they are IN ordny
mes lair Anercsn. which has often been at 3D. y d. AID
even lower was sold Of I'D
In The face of these facts many persons begin 20 fear Tho
time mills m,t stop ard Lancashire must siarys from
an actual exhaustion OF the whole supply OF raw mstersf
nlay DO very near AZ hand
The circular Of Messrs. s. Hallett & Co. has q
leader on tie gold and currency question.
The recent rapid advance In gold but the necessary result
ofs Law which IL certsin and unorne IN i operation
h. Of CAVITY; OF attempt tbous.nd times repeated
with no other bat sgbs failure IL an attempt TO maze
shadow perform tho Office Of substances 20 lean upon
representative that has no constituent ~he tns
the end be signal and disastrous a. has Oeea the
mistake. or wrong thas has been committed
Tho gold and silver denends simply upon thoir COST
Thry lave attributes fitting thea Tor currency but the'o
are OF MINOR Importance BY sdop ing than currency we
have certain definite standard whereby to l-asufe the
OF the in
hch gradual that society always adapt hse To
IN n,cc Of .9cb s,,nd.rd ws have now adope one
value which entirely upon popular estimation Az
time it, market value be 20 cent be" us no-
nal yaue Judged by the test OF cost, whether THIS anaau pe
currency today b, 10 II per cont below pare Husy IN
week ian to . per dscount II. value will continue to
dope entirely upon wls people think u worth. II eos
no;nu. to pohng Its real .alne depends upon '
Degree faith IN the Government which faith In AL coi'
tines, ard under all circumstances may be termed 81 ~
own quantity, always vibrating or oscstns Ssa 10,
petods from the presence OF iose COM
dito, Witch PROMISE threaten the stability and pcna
neuc- o! the power. Government that issuest
In this deba,emcnt OF too GovoguInent currency anofth'
nsely that furnished By the StIes equay mares
TIA. be $3.50 900 900 ado ny OF the dspos sno Dl IN
the State Banks, tbs total debs'ed psp'r tld
oya States ut the presen tune Is |t'oy'
se,,nt..o 4, cent on this smount i. 10000" 600 which
already sustained o, He public The sec
rota Treasury re-Iy ooneraius ed ths nation "a
che vi,. uors important ,e! that the people
asys AZ Gag e' mote .hsn ID t"ss "a p'e'e' ''"'