New-York daily tribune., 1844-02-10
Commercial and money Matters.

sales ct the Stock Exchange, &C. LIST PsSe e
The sales at the Stock Board were not very large,
oal The market generally was steady.
Exchanges have rather downward tendency, in
consequence of a movement among shippers to send
M Forward Cotton. The rate for Sterling is 8 Il %.
ne leading houses are asking 81, but prime bills
nave been sold at q q. Francs are ) q Il , 80.
The Attica and Buffalo Railroad Co. have de-
cIafed sem-annual dividend of Fire per cent. m
S%Sd S OF -Four, as we stated day or two since.
Inc adylces by the Roscius seem to have produced
a Inclination among holders of cotton to let aporon
o' ,he large accumulation here have vent, and we
"nuersand freight engagements for 5000 bales were
nMie Today at Sd. The packets we understand are
n'ii 10 'he 2lst. Ii this movement increases, and
ue staple goes forward freely ii will not on release
aiarge amount OF capital, now employed in sustain
!SS specuatona in this article, but 1t will increase
9ie supply Of bills and keep the rate OF exchange
HoWn considerably below the specie point, thus re-
aeyiaS the fears o; those who have in imagination
. .sIa n snip loads of the precious metals on the way
" Europe. Our friends on the other side having
.ausht the short crop infection will now be ready
~ " reeve oir Cotton and pay price for 1t nearer
NV views oil spectators here than they have pre-
oSN usty seemed disposed to- and we want TO see 2o-
month ~
Ta lhe report of the affairs of the North American
raos a.as. ana Banking Company, to which we alluded
i,Sefaay, /, appeared on the Journal otthis morning
90. certainty one OF the richest exposes ot tnan-
90, reckessness, not to use stronger terms, that
s.et s,.I mas been made public. The money of the
;sehho!ders and creditors was suuandered as
'aGeess US dross, and in about three wears the
oSSsm .a, Oh the Company, Three millions and half
mad been parted with, and Of all the inn
,ba "Ss amount OF valuable setsnothing came into
oV nands OF the Receiver but few valneless notes
ei aaii9 ONCE furniture, checks, &c. &c. and one
nd pea re- SHcer dollar Immense losses incur
losrs IL. ule officers OF the Company in negotiating
a.:u o'ie case Is gwen as specimen. In one
was nT'on ior Sooi,44l the net amount realized
nss,'. U.i5 s4oO,oO9-showing loss of S93,935i or
ernas. ~ per cent. The commissions and law
r.p p'ases pad were enormous Mr.. James b. Muir
nssa;.I ,of 70 months services in Europe agent,
,Stteo S4?,0Q0, and claims 1000 additional.
he ...,e =. whole amount paid TO John h. Graham or
RsrS T'a,y OF $4,000 per annum, as Counsel OF the
aho TO hum individually for his professional
was ,."eS' &c and 10 the law firms with which he
connected for their professional services, &C
cnss n,seos A 600 The sum of $4,000 does not m
Co"s ule large amounts paid TO MIR. Graham rs
,si iiGsei OF the Company By subscribers TOR Capi-
NIL for his official certificate OF approval OF
bs a,oi &C. OF the lands mortgaged TO the Company
" such subscribers.
s,, speculation in 1910 in $4,000 bales Cotton re-
conaa eu IN loss of $90626 All the affairs oil the
wsn,a seem TO have been conducted with the inost
tho ; disregard OF usual financial prudence ano OF
'nVerests of the Stockholders. In l84l the Bank
s'9olhed and David Leavltt appointed Receiver