New-York tribune., 1867-09-26

krt presents no features differing from those relor%a %
yesterday. Prime short paper passes sders az Outside
signatures compelled to seek the stre WI nt per
discounted at rates equivalent 10 l"is P0'
month
The Cincinnati Commercial of Monday says
Exchange is in full supply at par buying inc Dmk Ui
the sales at sO premium, though sonc ''o ''"'"o
1-10 premium
Bu,iug sonlns
New-YOrk ........... pare l-2O Gi-IO O p@,o,n @
Boston. ..--...... para -- ei'50 40 P,om, un
Philadelphia. .par0 0l-zO Prein'
Ef,noro ......:.iaG iss Sis5 sl' 1873 % Siss
Gom ,orct ia ycry nearly steady Balances Of
currency well those to the credit oi local 1T M
to outside corespondents are repor,eu MY %
with fair snppy OF capital in the street seeking busl-
ness paper iO012 per cent Although tne employ %
OF money seems 80 e nearly fun, yet IL strage tnS
IL represents in It's movements bu moderate degree OF
activity in mercantile business, and the effect OF no
speculative eXcitements
The Times says:
Yesterday that as is believed that their present
lawful money reserve Is inadequate 10 or lnconsS'o. m
with the demands for currency for the western tIuc "
Will he lost by the Secretary OF the Iressuy IN ~
strengthening this reserve with suleeI p9rdOm p -, '
per cent legaltender cerlncalcs VlIeauy 49,
printed, and signed for employment 10 Sasc tne jain
movement and to save all undue aRhTenfSfE I a f
harrassmcut from the running do"n VI 'ho i'"iu ''
reserve to 25 per cent
The Secretary, acting under the law will probably
hesitate before he attempts ito ease the bank move
ment." The law says:
"Tbat for the purpose OF redeemng and retiring any
conpOund outstanding, the Secretary IL hcreDy
authorized and directed TO issue temporary loan cer-
tfcates,"
and allows the certificates to be used bank reserve
to the extent of three-fths. The Secretarys busl-
ness is to redeem his compound notes, and pay his
debts as they mature and not interfere to move the
crops of speculators" in petroleum wells. and unpro
ductive fancy shares. The western trade VIII
continue to come the Erie Road and tho South
ern Michigan whether their shares sell at 500 OF 20
in the Long Room; fact as apparent to MI AlcOui-
och as 10 those holding fancy stocks. which they de
sire to have inflated, part of the western trade.
The interests of the solvent portion of the people
Will be promoted by paying the maturing compound
notes. with the present currency balance OIL INC
Treasury, and not by using new form OF debt
A cable dispatch makes the announcement that NJ
Perere has resigned his position as President OF the
Credit Mobilier of France. For some time past
doubts have been entertained to the condition of
that institution The Paris correspondent of The
London Economist makes the following alluson to
one cause of its difdculties
The financial circles have been much occupied during
the last few days by the Credit M0blller having Ioray
called on the Bank of France 10 render 1t assistance Inc
Moilier as you are aware has long been embarrassed
from having made large advances tn the lmin0ber Com
ions schemes have at different times been projected for
setting the Immoher aOat but for one reason or an
other they have not succeeded Something however
must be done, the ImmObiller must quuale S qulu
alton the present moment would be most injurious %
to the MOhilicr, aud through IL 10 numerous o."vl
establishments; it would, indeed, be almost a
public calamity On that acrount ana @ aso
from the fact that the mmObiers difficulties nave ARISEN
from It's having to please the Government eneaseH ro
largely IN house building IN PARIS, the M3Der thnk1 &
mat the Bank of France national eSlhs shmehl ana
TO some extent, under the control oi thc HoNeThh9n
ought TO lend helping hand - H.. 1 named E said
75OOOOoO francs te5,OD0O0. some hegoti%t1ns % h to
place and in order overcome any Sciupics Iie pdh
might feel, the Messs PeIeife ". MaSii so rtooi
alicra and other directors Of the MOollci uluert3oh
10 give their signatures for hall the AMOUNT lle olo
half TO be covered by the deposit oi So pf I,
TO the Mobiere and ImmObilicre. Al one moh,ns ~
seemed likely that the transaction ~onld DC cohCleu
ON bs TERMS but il seems obstacles have arisen,
and that the matter is still pending tna Pt oi tno %
ainud anst the arrangement and insists that the
bank cannot make it without violating lts s,h,uies
nere resyed nom the difficulties which the linmo-
bier has brought it, 1t would be able 10 give he"
impetus TO speculation
The result of the harvest in France is thus alluded
10 by the Paris correspondent of The London bcoHo
mist. writing on the 18th inst;
The result of the harvest occupying serious attention
1t is quite certain, you have already been informed,
that there Is denet nt unG on that pojnt
may be formed from seeing how markets IN dnerehl
statistical which has been prepared appears
that in the Of last week out OF l3 markets "a pre-
seuted rise tendency TO RISE - were iirin IL Win
out VARIATION calm; while in - only Was there fall.
and i'm a tendency to fall From Saturday the sih.
up TO evening the reports record rise III o. markets
dt varies from 9Sc 3fr. the quinta or cwtl nrn-
49, tendency TO rise in s. 10 change III ., calm
Ill l. and fan in Only
The return of the Bank of England for the week
ending Sept. IL gives the following results when
compared with she previous week
The est............. s3GGO792 Increase s2Gei
Public Deposits. 79K,52 Increase --... 2lltlo
Other Deposits. lyl5l5S lhCfcaiSe..' %oo,i1t
On the other side of the account:
| Government Securities Pl2S45.272 No change.
Other Securities ... i5,35ggiS Drccase.... S@2C'SlS @
The omont Of notes in circnafion is 2o5 being
decrease OF S4266 and the stock Of bullion N both
80 when compared with the preceding return.
w. 7. Wright says of the Cotton crop
The accounts received during the past week contain
but little comment upon. Complaints there Of
course. few, but they less numerous and seem
less emphatic than those usually current at this period.
OF the worm little is said and the damage doing
the latest telegrapbic dates, dry, weather was
prevalent in the localities from whence most Of these
complaints emanate. Any estimates Of the probable pro-
duet at this tnc is well known, utterly worth
less, all thar can be sad IS that with fair average
the yield promises to be a good Que, and
could scarcely be less than 2,!eoooo bales The
viii now go on steadily increasing. as we
small and likely 10 continue 20, until the stock
hand Is materially enlarged
The Cincinnati Gazette Of Monday says:
The course Of the exchanges o the country at this
time significant. While currency il flowing I'm steady
and constant stream from New York ~ the Northwest
the current with has changed the opposite direction
The Of this Is 10 be fonnd that the North
West has large crop OF wheat oats rye which have
only commenced to move, and old which continues
to forward largely in excess OF the demand for
manufactured goods and groceries In this OF the
country wool and faxseed crops have been pretty
well gathered In while breadstus being held back
not from any dissatisfaction with prices but
for prudential The crop Of Winter wheat
has doubtless been ooyereStimated, but the
crop this Fall Is what is keeping wheat back from market
in this region We have had no rain worthy Of mention
since the middle Of July. The ground Is rched and too
hard 10 be worked and should this continue much longer
the question OF next years crop OF Winter wheat viii bc
settled In advance Meanwhile large purchases Of goods
L.rf fnod