New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-03-18
COMMERCIAL AND MONEY MATTERS.


TUESDAY, P M
The Stock market continues heavy and the fan
cies again lower Pennsylvania So fell off materially
in sympathy with the fall in Philadelphia where there
sold yesterday three hundred and fifty tbousaud
dollars n, II down TO &C. The Ledger says that newsof
serious damage to the main line Of the public works be-
you'd Harrisburg by reshet created quite panic among
the stock specuators and sales during the day to the
enormous amount Of three hundred and fry thousand
dollars were made-opening at II and selling down AZ
Iow AS G3-tEe great bulk of them at the latter price,
At toe close OF The day the price slightly rallied .nd
snles made at 60 These sales were made mostly
by brokers-one selling some s25OOOO and another
about $50 600 The sellers ia understood acted IN.
der the impression that the damage the public works
will suspension Of the State interest in August
next The Legislature Ia In session. and nothing within
human eertion should be left undone 10 supply the Sats
with all necessary funds II Is of the first mporapce TO
the Commonwealth, that its credit should be maintained
unbroken
In foreign bills there is no change. The market
IS quiet at $685. sterling 8 27i05 %.
The New York and Erie r. X. right of way bill
has passed the Senate of Pa, with amendments.
Bcknels Philadelphia Reporter, saya moneys
sufficiently abundant in Philadelphia for all regular bua
purposes II be obtained readily for first rata
paper per The spring trade ia in full activity
The number of arrivals Mt port last week unusa
ally large and the amount OF merchandise that was Lard
ed immense. IL expected that our state "a
malls would be navgable during the early part Of Ibis
week. The freshet, however, may produce a delay
The receipts of the Little Miami Railroad for tie
last quarter have been as follows
December, 1915, ss3 z:
January, 1916 .---.------.-----..-'-- 4ss
February, .-........-.,----..----- LOO -
Quarter -...-....---.-.-......--..-S Spite y
Quarter ending lat of December, .... 207o0 =;
Increase Observation-Disclosures s3,i4s "
An increase Q: seventeen per cent In Quarter. aa
the receipts of the Road likely to increase rsp't5
for ,vo or three years 70 come.
The receipts OF the Banks of South Carohns
(Which accepted the provisions of the Act of Dec !:
1900 for Feb 2sh give the leading OF heif b.
stitution 90 follows
Loans and Discount S706I oM
Circulation, Observation-Disclosures. 2.29o49
Specie 665 256
It is stated that dividend of ten per cent tor ae
ss, year is to be declared by the Indianapolis and aad
son Rail Road Co.
Manufacturing in South Carolina is progressing
The Graniteve Co has just been organized and stock
N the amour, of 200 eco subscribed
One of the Boston Insurance Cos. appears 10
b. or the point Of exploding. The President Mr. ash
Healy, has Issued the following notice
am instructed by the Directors OF this Company
inform you that the losses Of the Company have ree
IL been very great; and should other heavy lossesE
cur which they very much fear, the holders OF penS
may not be safe. .,h
The above NOTCH is given tina. you may take ~
measures you may deem IT. respecting tie proeu's
Of other insurance
Henry Ravenel ESQ. has been reelected f'0
den. OF the Union Bank and Edward sebrins ESQ
the State Bank. Of Charleston, both by unanime"
vote of the Direction. -
The Directors of the Savannah Insurance ar'
TINS, Company who are winding up their a',au -
have declared farther instament Of % per cent on
capital stock.