New-York daily tribune., 1843-05-24
Commercial and Money Matters.

TUESDAY, /. VI.
The sales the Board to-day very large aud prces
were still higher for dcscr lions. Newly ork Fave
aud Hafs !; Ohio ; Kentucky I; Illinois ]. Tennessee
Sizes sold %. Mohawk improved 4 Stoningon Pat
usoa declined J Harlem J; Auburn and Rochester ter >
There moderate business doing in Foreign Bills: Ste
Ing is 8 81; Francs $50 supply moderate
Mobile quote 10 lO!.
|, is reported that the Illinois Commissioners have good
prospect of periccnc their arrangements for he new loan
upoa pledge of the Canal &c. which is the object Of their
present visit to New ork The American Exchange Bank
it's reported has taken s3000OO and other subscriptions
have been made This accounts for the recent improve
ment in Illinois Bonds.
Thompson of the Bank Note Reporter has discovered
immense mares nest, over which he caces this wise He
should certainly be made Secretary ct the Treasuy S tai
Gs are wasted in Wsll-Street:
Exchange on England has reached point which i'm
poaons Of specie must cease 81 premium on the h0mnci
o 81 Al makes the pound sterling 81 s3 which is the
pc real par in exchange During the past six months,
fifteen millions of dollars, principally in gold have been
imported. This result e wonder in the minds
Of mere ookerson, we'll it may II almost pity
10 raise the curtain and dssipate this wonder.
few of the leadingIoapalists Of Europe. finding tha,
there disposition the par; of aIy oi the States
a sill deeper in debt and tia, the oty of the States
rpudia,ed repudiaticn entered into the grand financial
scheme Of buying up the stocks of such States as ackow
dged their obligation 10 payoi restoring confidence and
Necessary OF making loans to the amount OF accrued
interest. Under the Influence of these operators American
stocks driven TO the lowest possible point OF depression
IN the foreign market and foreign quotations were used TO
depeis the prices here. In the time constant gath
,rg going on; exports exceeded our imports,
thai specie naturally flows this way; this afforded the ope
o shelter send orw I'D immense amounts for stock
Investments without exposure. From five six millions Of
the fifteen this The discovery of tins
financial move or The movement itself caused the Uuted
States loan to be seized with such aydity and under
aaace stocks generally have advanced from 20 90 per
eea' on the JANUARY value
What will e,be result Of these operations Curious,
very curious The credit of the States will lie restored
without liquda,ug dclll of their indehtednesste lords
England will regain their los: millions, besides doubling
af money inyestmentSthe people Will suffer
Moderate TAXATION for the payment OF interest IN part aud
are will be difficulty Of borrowing Tor the balance
Bekarl's Reporter OF Monday says: st the close of
sn week, the money for s5-rae paper about
Per Cent. per There lic paper, however in
aAfket. A leading no,e-broker Informed that he had
"aad quite difficult keep ms capa! in motion He
'cadliy discounts first rate paper at 5per cent
Sales OF Grayd notes have been made al Philadsphla at
per Cent discount lower than heretofore for
.egis moaths.
The Cincinnati Gazette oi the 10Th inst; says: We un.
ssad tha, the Directors Of the Lafayette Bank have voted
Sncslve the OF the Banks of Ohio, Indiana, Ken
ask &c deposit, aad will pay the depos-
Hos IN the same manner the Life and Trust and Com
asiCtal Bauksn
The Norfolk Beacon of Saturday says We were shown
sie'ay Counterfeit 81 with the et,er |, on the
'TneFs Bank payable at LynchJurg. The engraving is
'y well douc bat the filling up is very bad. done, aad
NV be easily detected