.Neio- York, Nop. l7th, 1883.
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Editors CoITispoadence.--Th are no foreign arrivals since the mail of yesterday, except a brig from Gibraltar, confirming the death of the King of Spain. While the wind remains as 1t now is, (N. W. none can be expected.

 During the last AS hours the pressure upon our money market has greatly in- creased. The consequence is, considera- ble fall, on Friday and Saturday, in all local stocks. Yesterday, the demand for money in Wall street produced some apprehension among timid money-lenders. The article In the Globe, whining about MT. Biddle's tyranny, &c. has tended to increase the alarm A few such publications would produce panic. That panic once pro- duced, our Banks would suspend specie payments in three days. dare not enter into details, nor even speculations on this subject; but may be permitted to say, my fears are great. 1 do not believe the as- sertions of the Globe, that the Bank of the United States will act unkindly. But if they be t're, you may rest assured that be- fore the first day of April our Banks must suspend their payments. So far as the coun- try is concerned, the effect would be de- plorable but the bank of the U. s. would be an immense gainer; because our banks are solvent, and would, in twelve or eieh- teen months, redeem all their paper. pay ing an interest on it, which by law they are compelled to do, of ten per cent. and as substitute for this paper, on which the U. ;. > 65iik would receive ten per cent. their own paper would not only become the me- dium of the country, but 1t would be hoard ed by those who had confidence in its re- demption.

 l care not what bank directors or bank stockholders may say in reply to this asser- ton. l have had experience on this point. During fine war all the banks in this city committees to take the subject ofl suspending specie payments into conside- ration. They resolved, unanimously, that t was both inexpedient and unnecessary and yet, they again convened t,co days af- rewards. and resoIvea, that that they could no longer continue to pay specie.

 .Nat. Intsi.

 From Hte baftana0re ..lsaef3can, Nor. %.

 We learn that in consequence of orders