New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-11-29
Di6iS,nS yuiif,s.
THE MONEY MARKET.

THURSDAY, Nov. 2s-F.x.
Walst. was wholly abandoned to-day.
1t is reported that criminal proceedings have besr
commenced against members Of commercial hTss
which recently failed.
The Nec- Orleans RcpHbl-an Of the POI. p m, saysi
Tho commercial week closes this evening with hut ~
tie Improvement ~ the money market Tho active move
ment Ia cotton which has been mnch the largest Of tbS
season. has, OF course Impaired material relief 20 thoss
engaged N It, ana - Cansng gradual relaxation ot The
prevailing stringeucy. Tne payments by the linite3
number OF country merchants VINO have visited the sys
either for cash purchases or on account OF previous 90
lg2tions have also bad favorable influence But Thug
lar the general market las shown very htto change. sae
me demand i0g money cohsuncs active, Vile mere
bot little available capital 20 meet u. Commercial noteS
scciSI Dy soiu "ste beso1Steo t9l az
cent T month. Less desirable paper could hniGly %
placed ct less than 2!dS. Mortgage notes are quoted 81
ZdI6 cen; aDnun but We arc not aware 81 any Ne
gouatl0ns under 10 sa0It paper IN iatt mas heth uons
at ilG2 T. cent q month. The banks nave made toneeD
tension Of thor dsC unt burs hut the fresh paper
cepted By them has had bot httlc gcnefa influence.
The Chicago Republican Of Monday afternoon saysi
Tho week opens with general quiet prevailing IN q
naucia circles. The banks, With ore ar two EXCEPTIONS
tive than Saturday. The favorable change from warm
20 colder wpather VIII stimulate moro active dsmanA
which win probably not be long deferred. viii DIMINISH
the wants oi deaere TO grain. The season VIII close wlts
GDWo Of the banks carrying considerable amount %
grain paper, which IL held speculaton The narsef
Ter ncty e not reported close 10 parties on uhaoaDee
l9a,, ness tbey ere abe 20 mt M vide narns TIE
the street money commands 1902 per cent per month,
There IN Increasing demand for money for shipment
10 interior points.
The Toledo Wabash and Western Railroad Coma
pany intends buildjng branch road from Decatur,
H.. TO st. Louis reference TO tho map will show
that such road will give st. Lonis very nearly
air line route TO Lake Erie. At Decatur u viii con.
meet with the Illinois Central and thus open q new
route to Chicago shorter perhaps than by the Alton
route. This enterprise, viii DO very soon formally
commenced and prosecuted to completion. The routs
from Decatur 10 St. Louis Is found 20 be, by the sur
yey 1OG miles long and such is the lay Of the coan-
ry hat tie road. for the most Of the way, may b
constructed at comparatively light expense
The albany IrtDtng Journal says:
unlocked Tor favorable change ia ths weather has
brought about resumption Of canal navigation, but the
absence OF the supply Of water the long level haA
tended to check the progress Of boats This detention
has been productive Of Inch less 20 shippers but II 10
thought that by this time the difficulty will have beeH
obyated and That boats to-day would freely pass along
the Jordan level. Produce Is still ccmng forward froM
the West. and tbs supplies are ample.
The following Will show the comparative receipts 81
our grain the ports Of Milwaukee, Chicago, To-
edo Detroit and Cleveland from Jan. l, 10 Nov 49, for
Ikfa,u nj l+,T