New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1845-08-11
COMMERCIAL AND MONEY MATTERS.
20, Coum.rcial and Money Matters sec Last Page

tOrC
The sales Of Stocks were moderate and the Mar
kei rather heavy.
l., Exchanges there Is not much doing but the
rate. are very firm Sterling. eidl0 Francs q a
5 got
Tire Havrc packet took s35OOO in five franc
p.eoss and $1,000 in Mexeans
The advices by the Great Britain generally
favorable The advance in Cotton has been sustained,
and the market for American securities had improved
wilmer & Smith says
Our report Of the London Market for American Sc
cuutc- continues favorable. since publication Tor
the si-sfnshy Cambria more inquiry hss ezisifl i.r
American stock and the quotations -arc layor
bic .or the seller We have before siated that this in
proved feeling arises cut OF the late utimaton ifo"
America that their debts would be paid. Let TINS pro
mise he carried out and American paper VIII become
easy u negotiation the London aud Fsrls ESchnh-r
~ That OF the fret mercantile house IN the world
We make the following quotations since our puo.ice
ton Of the 18th
New-ioTk3 .-----------'---''---'sO eh' wv
Ohio ......G -.....-..-..-----.--eJ
Pennsylvania. ....-.------..---..------, ~
United States Bank ACKNOWLEDGEMENTS a ~
The London Money Market continued easy but
inactive Nearly all the operations were in Railroad
shares. Consuls were steady 9qe9i for money and
syi sellers for account
II is stated that soon as the books were opened
in London FOR the Railway between Toronto and Port
-aruis Lake Huron not only the whole capital stoc
100000 81 100000 at once sabscribed but
100000 CsiOOO0OO pat down. 1t is stated that II
il more than probable that a branch viii be constructed
from the Toronto Road ~ strike the Detroit River
~ Windsor opposite the city Of Detroit
It Is also stated in the Montreal papers that Mr. Gait
the agent Of the II LavTcnc, and Portland Railway
with such favor in England that he Is confident
tina, the amount required (s25OOOOO will DO raised
This will build the Canada section Of that truly gigantic
work The Maine people promise to raise the balance
(s2 OO0) and thus carry through from Montreal to
Portland
The statement Of receipts published on Saturday
was Of the Harlem and lhe Housatonic Road
The Morris Canal is now in operation from New
ark Eason The dispute about the right Of the Com
pany the ofhe Passac has resulted in vo
cncc at Paterson where some OF the works Of the Com
pany have been destroyed.
The Bank of Wooster, Ohio. has been appointed
one Of the repositories Of Public Money and this appoint
rnent has created considerable excitement among the
hards in Ohio. The quarterly statement Of the BANK
published shows II 20 be in strong position Loans and
Discounts S369Ol Circulation s3T57 Deposits in
GLIDING United States, SOS Go3 Specie, slO739O The
333 25a In addition 70 which s29026G Of Exchange
on the Government running 10 maturity.
The Chancellor of Michigan has given his decision
in the case Of Lyel the and NJ Bank of this city
The decision s that the Bank violated and forfeited is
charter by establishing an Agency at Chicago The
Chancellor therefore, DEGREES that the injunction against
the Bank be perpctua from which an appeal was taken
This decision wis entirely unexpected
Four new engines have been put on the Central
Railroad within the last four weeks.
Mr. Riiner. OF Pennsylvania, and Mr. Goodrich
Connecticut engaged on the survey Of the tow
path Railroad along the bank of the Haven and North
amptOn Canal
The Illinois State Journal lLoco-FocoD squinis
very strongly toward resuscitaton Of the old state
Bank or the creation of new one.
large meeting was held at Detroit on Saturday,
Aug ID to take consideration the subject OF Rail
road from the Straits of Detroit through the Province II
Canada West 10 with that already existing from
Boston to the Niagara River and particularly respecting
the advantages to be derived from route by Port sana
through the Counties OF 81 Clair and Macomb to Detroit
TO be connected with the Michigan Central Railroad.
/ The following resolution submitted by Mr.. Ca.
meron
R,solred That no Railroad through Canada can &C
compsh the qrea, objects for which such road should
be undertaken or be made profitable the Stockholders
unless made TO connect with the Michigan Central Rail
road at Detroit.