New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-09-30
Commercial and Money Matters.


Commercial and Money Matters.
FRIDAY M.
The sales the Stock Board large for
DAYS past there being difficulty in finding buyers he
faace, generally declined Ohio fell off i Indiana lI
nois ) Harlem Ohio Trus, l. s'onins'on {; Farmers
Trust !. Long Island was steady
Sterling bills 9! 9a Francs 25-not great deal
doing.
The receivers Of the Ocean Insurance Co have declared
second dividend Of S. per share on the capital STOCK payable
The Neptune Insurance Company Of Baltimore wind.
ing up hs, declared dividend of s3l share In bank
stock and money, payable on and after October H.
Receipts ending Sept % the Western Railroad;
lS.3 1912:
Passengers ..'.s. 'sod se essi
Freight, SC. oooo o-I4
The Globe Bank Boston, h., declared dividend payable
th- I'd Oct.
A, Boston yesterday 500 Massachusetts, sterling bonds
per advertised TO be sold f6aoo were sold at
l60 and 900 1907, and the remainder withdrawn.
One, Delaware and Hudson Bank altered TO Elves
and Teas are IN circulation. The genuine Tens have
steamboat the right haLd while the Ones have sisner
cepr- s-ntng -mblems Of commerce, Sc.
The example Of the Banks mentioned yesterday has
followed BY Others aud per is generally de
manded loans aud contemplation 10 advance 10
per within few days.
We expressed conviction yesterday that the present
great Abundance Of money could last aud that the rise
sock; ID great measure the result o the present
Bank policy which is, their large deposits in some
productive way ua the returning tide Of and
trade create, the usual Legitimate demand.
We are confirmed u these Views By an examination of the
market, and W. look for gradual dniuuon Of speculation
from iis seg-tcr WITH advance the Of inter-
least per csgt. per annum Six or seven months
Banks and Insurance Companies refused all loans
upon secuea The great accumulation OF specie III
the city, and the large Of idle capital deposit
duced them the policy which broke down
the whole Banking interest In the country in 1887 They
found that speculation the only way 10
make market fol- their money But for this, Bank
the city could have declared dividend Stockholders
The absence Of all active trade and consequently Of all bu
siuess paper seemed 10 render tins course
The result is before
Ohio Skies have risen from gu 9S
kentucky ID to loo.
virginia 49,. so 10 ioo.
Tennessee Sizes TO eot
Indiana -, 10 10 AZ
Illinois is 10 ~.
and other SOCKS sound and unsound proportion. THIS
Advance has Obtained in alone; other part Of
The country has yet symphised with Us IN this phenzy
Of speculation Philadelphia has began and Boston
with her usual prudence aud has contributed toward
the uew millions OF stocks which have lately found home
in the reservoir OF the country Ncw-Tork At
this ne them the Banks indirectly the Of
OF stocks ruling % per higher than
they could have purchased them for months ago. when
they refused 10 lend upon them any all. The
Insurance Companies have employed their in the
way the Banks throughout the interior have adopted the
sy,tsm.
During this plethora of money in New AID upon the
board the Of ,h- country sill feel
the pressure for money although ome"h hat modified Money
is abundant where else; and Ter sill freely BE-
given for IL by houses and responsible men from the interior
aud stands that during thi period Of returning
confidence here the thIns grow up every
ton OF the Union Already III. demand brg!ns BE- felt
The import the the receipts from
the plainly indicate Eewfork debt all
OF the South aud West She prepared 10 neet the
demands from Philadelphia Baltimore Chaslesou Mobile
aud New Orl-aGs The approaching when this de-
maud must prevail AID if her pital surplus employed
upon stock loans aud per Per annum be
called In, and will be called in al when
be for the present borrowers If the
Per after rise, purely speculative Of 80 30
Banks will find themselves the willing Of OF
this material than their stockholders will relish.
We mentioned thar the bond; Of the non.paying States had
advanced fully equal TO those which have always their
interest promptly Indiana and Illinois are among them Let
FOR the grounds Of the advance the
which Justify II securities such these.
An important decision has just been had recently
tried Baltimore County Court OF the u S. Insurance Co.
Duer, the question Of dispute being the authority Re.
ceiveis appointed By the Court collect the remaining
staments Of the unpaid stock he Company being in.ol
yeut amounting SO per share verdict (acreeablv
prior decision Of the Court rendered FOR the plaintiff
Markets-caeulEyr reported Jon The Tribune
FRIDAY, Sept. 80
AsHEs.-For Pots there is little no demand and the
sales to-day uunpoan. quote. Tie small Parcels
heard Of sold .3 Pearls also dull and we hear
Of about $50 bbls alt. The market has downward
tendency for both descriptions.
COTTON-The market IS still more quiet to-day and
only hee, Of 200 200 bales sold pr.vioas prices
spnners have taken lots; and exporters buying
freely than they did, the last packet the Sheridan
had about 500 bales on board.
LIVERPOOL CLASSIFICATION.
Uplsnds n u. Mobile
Inferior So 81 s; 81
Ordinary ...............7s Id