New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1844-01-29
Commercial and Money Matters.

TFor sales at the Stock Erchanse &c: see Last Page
The sales at the Board to-day were large, and
prices generally improved. The operators appear
to be better supplied with facilities and every thing
was buoyant.
Exchanges without change, and in fair demand.
The supply is not very large. Sterling is 81 9 );
Francs 5 32l 5 80.
We have some statements to make tomorrow in
relation to the decision OF the Chancellor of Missis
sippi in the case of the Nicksburg Bank which will
be important all interested in the stock of that
Company.
A bill has been introduced into the House Of Ohio
and passed the first reading, authorisng the bust
ness Of banking, very similar to the Free Banking
act of this State. The issues are to be based on
Ohio stocks. We have seen letters from Columbus
stating that it will no doubt pass the House, and
that it is doubtful if the Senate will dare to defeat it.
The Herald some time since in Its attacks upon
the credit of the State Of Ohio, asserted that the
power given the Auditor by law to levy tax of
such an amount he shall think proper for the
payment of the interest on the State debt was too
much for one man TO possess, and by inference as
serted that this power would not be continued to
him, and that the people of Ohio would not long
continue 10 bear the onerous burden of taxation.
This matter has now been set arrest by unanimous
vote of the House, which has refused to change the
law of the State requiring the Auditor to levy an
nually such sum US may be required to pay the in
terest on the public debt The pledged faith Of the
State is thus sustained to the letter by every MEM
Der of the popular branch of the Legislature Of Ohio
Reputation never had footing in Ohio, and after
this vote he must be bold and hardened man who
ventures to put forth any new proposition looking to
reputation.
The Fulton Bank ofthis city, the charter ofwhich
expires in March next, will be recognized under
the Free Banking law.
AT Charleston there have been some sales OF
Charleston Bank old at SOO; Union Planters Mechan
les 29 w Railroad S. Exchanges had downward ten
dsncy.
The lead trade of the Upper Mssssippiis getting
to be of immense Importance and growing valuable
every year The demand for the metal only limited by the
pce and If could be carried cheaper might
suunly the whole world from the laboratory OF nature the
region Upper Mississippi. The shipments from all the
points in that III lSil were, pigs i630i
1912 rs Gfl
This with the addition of Is i2 pigs STOPPED by the
makes increased production 1913 of 07i pigs There
were addition 400 pigs cooper mined, and thu
this article also bids fair be large The aggregate
value of both metals at tie mines exceeded 81 900 In ela
ton 10 the almost unlimited mineral wealth of that section
the country, the Galena Advertiser says:
During the past year, the shipments OF Lead Were far
greater than and all branches OF trade
industry the ION have experienced more sub
stantia prosperity than before Our merchants although
more numerous have realized larger profits than former
oportionably benefited This country holds
agricultural give IT superiority almost every
fhnr'