New-York daily tribune., 1844-05-02
Commercial ana Money Matters.

Il For Commercial and .Noney .NattrS. see FIRST Page
WEDNESDAY 7. NJ.
The Stock marker very buoyant to-day. and
nearly every description again advanced The speculative
feeling appears strongly IN Railroad stocks which, IN view Of
the increased prosperity of the country and the enlarged
cepts. much improved in value.
Exchanges are quiet but firm; Sterling 81 Q;
Francs j27li.
The money market is easier to-day, and some of
the Banks have discounted prime AT cent Loans
Government stocks have been made al Az per The
quarterly returns Of the Banks. it believed will show
siderable decrease the amount Of Specie and Land but with
the Increased amount Of produce in the country yet go for
ward there be apprehension o any advance the
of Exchange the specie point. Al higher tian those
current, Banks and individual houses would draw cred
its in anticipation of decline when Cotton, Tobacco
forward more freely
The following are the principal subscriptions
which have been made TO the stock Of the New ORR and Erie
Ralond:
n l.. * G. Gr>vold .S3oeoA D. eastman. 5000
SsSs Nsyes {. y ToWcnd sy S SS 1I 'sfsS M s"Sp S
Sas Brown IScSSP llar9Sny Nephew 500
DAVIS Brooks CO.. ISSS II lben coSs a, 3aiif iii S
David Austin. l0UVV
Thompson his Reporter, says in reference to this
Gen,cmGn this VIII not do sieahem Whitney is the
Of dollars his subscription them but one per cent on the
ssni Sse tie y VI" o1 asFef viii
$500 which he ns subscribed profits the
5 M Sn make % more an s s5 n Ilosans tee to e
r sh while building the road DO ie Ich men o the city sx
ward and help N this bsincss under such lenders so, they
will be disappointed Nothing short OF another 10 the right
Of the above amounts will bring out the bone and muscle OF
the cit and finish the road Ge1emcn begin over asnIn
Tie twelfth part q the city and should subscribe TO
twelfth part OF the stock
The Illinois bondholdcrs in this city who are So
cious the Of tbs proposed for the
completion of the Illinois Canal have engaged the of
Col Oakley the Commissioner who proceeds forthwith
to Europe TO expedite the conclusion of the negotiation
pending and which dependent the coGoReraon of the
foreign creditors.
The PENNSYLVANIA Legislature has renewed tie
charter of the Commercial Bank of Philadelphia. with in
dvidua liability cuuse for the issues Of the Bank. In
quence this provision, understand that the Directors have
informally though unanimously agreed to recommend to the
stockholders no, to accept the renewed caer Another e
gauc will be in session before their present charter will
pre- and il may be. favorable bargain can be made.
In relation TO money matters in Boston the Post
suyS- -... ,o.,a,, g.. .,,,oo, ,o. ,,o, ou;o,od ,,o
operations in stocks of speculative character The subcrip
rglToads h9%Sve N hive been 5 65 and s Brat
nd slO9oo more Ihnn & me &c crTere, na OF so
with a1re portion ofts s20OUo taken up iiy the
veys the Maine Extension mile OF distance will be saved
making the whole line shorter than 1t now Is, with more cen
slnnnacnrInc stocks continue TO improve NIemncs are
warh .lj AmoSkcnc u Snco IT, Hamilton S. in of
large dividend Boot Suffolk and rremnut 8, MddeseN l5
and lawrence per cent advance Some the cotton factories
have afre reservations rprot have repeatedly stated
md we notice thai Bartlett Mills had surplus profits Of
seven per cent OF making their last div
dend That corporation divided twelve cent las, and
reserved per cent beside.
Railroad stocks nearly the same ms last wcc Lowell
L. Provideuce5 Eastern Sa s1 y 4 o. Aubum RocheS
ter Il. Westerns were nl yesterday ut e Reading =
(,nrlsown Branch 81 Norwich 53; East Boston Go. si.
nnk stocks are rather less requeS-but little change IN
prices The Washington into Stnte street IN June City
H Boston per cents worth - advance; and Albany G
s. Slate IS 81 and Sterling 3; u. Is, H. and 5s 4 8
aud Name Is 10per cent. advance.
The Rochester Daily Advertiser speaking OF Iron
Ore in this vicinity
Anv person who has paid much attention 10 the strata Of
nrk disc Carthage Landing would be little surprised
IN that Iron Ore should be found IN abundance al great
distance iereiro five rccolec rightly the rocks 10 which
we refer 20 Iron. ustestcd by Pfo Lewis
ar some ohcr geo ogst several Tint there
nhundnucc of ore very remote from the Cny. beyond
oe.on tre-nnl we have but little doubt that c0nl exists
murn nearer CITY than generally imagined AZ NIL events
gentleman Ohio writes rs TINT he discovered con within
county IN l1S.