New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-01-28
COMMERCIAL AND MONEY MATTERS.
r. For Sales Of Stocks. DC. see Fourth Pnse.

THURSDAY, P NJ.
The Stock Market was heavy al the First Board
and fancies fell of somewhat There YVES afterwsrd
better feeling. and at the Second Board prices i'm
proved.
There is yet BIZ: little doing in Exchanges and
quotations are heavy Sterling siGst. Francs 52ss d
527. Southern Sterling sold a, u. Francs 532. The
supply of bills good and there is considerable aoun:
of Canadian Sterling On the market
AT the Second Board to-day the quotations OF the
Philadelphia Board of to-day read. They wers re-
ceived By the Magnetic Telegraph. proposition was
received from the Philadelphia Board to interchange
quotations at - o'clock which referred TO the Off
GERS with power.
Money was little tighter today, and will proba-
by continue tight for the four five days Until
the quarterly reports of the Bankz are made up Good
long paper passed at per cent short al 70s per
cent. Tne Banks doing very little
Letters from indianapolis announce the passage
Of the bill to adjust the State Debt in form which is
regarded as clearly within the ability OF the State and
which will be very acceptable 10 the bond holders.
The whole debt is to be refunded into new five per
cent stocks transferable only upon books 10 be kept In
this city upon the plan I'm York. Ohio. &c Oths the in
,erest upon has 10 be paid from the resources otoe
state derived from Taxation which Is provided for oy
another law which has likewise passed. The other halt Is
based for its interest and principal upon the Cana it
lands &c ncuding the late grant OF 0OOg acres b Con
cressJ and ike the first the intcres, is payable IN this
CITY, in July and January of each year The funding oi
the debt into transferable stock excellent feature
in the law and will OF itself enhance It's marketable
value.
The exploded Farmers and Millers Bank OF Ha.
rers,own Nd has been galvanized and attempt is be-
ing made 10 push its notes circulation. This is the
kind of irresponsible currency with which this State
will be flooded if our LocoFoco Legislature is success
full it's attempts destroy admirable Free Banking
| System.
We have received the following communication
from the Cashier of the Wayne Branch of the Bank
OF Indiana and publish it for the information OF those
who are interested in that Institution
FoRr WAYNE Branch of State Blk ofIndana,
January 10, l5i6.
! To the Editor Of The Tribune:
DEAR SIR: notice in Thompsons last Reporter q
staemen, the condition Of the State Bank of Indiana
which (unntentonaly /, is presumedD does her great
injustice.
Mr.. Thompson dcducts the specie from the circu!a
ton and deposits and then says that the redemption o
tie balance rests upon discounted and bills Of
erclange Had he looked carefully into the Report from
which he makes ibis table," he would have perceived
some other items of means which the officers of the
Branches regard as somewhat important viz deposits
in other Banks (chefy those in WA-st) S63S 699 IL ;
caoh in transitive Sl2523 25 Indiana Treasury Notes
worth in the market ten per cent PREMIUM S5l3Sl0;
notes of other banks SEA les.
According the recent Report to the Legislature
the following correc, statement of the
and Immediate liabilities OF this Bank