New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-01-01
COMMERCIAL AND MONEY MATTERS.
~ For Sales of Stocks, &c. see Fourth Page.

r. For Sales of Stocks, &C. see Fourth Page
"WEDNESDAY, P. NJ.
The Stock market was frmcr this morning and
me fapcies generally improved At the Second Board
prices had rather an upward tendency and the old year
went out at the Stock Board with several wrinkles less
in his cheeks than he had week or two ago.
{. The Bill market for the steamer closed heavily,
without much inquiry The supply Of bills was good
The amount RENTED by this for regular hasi
ness operations has been large but the special remit
tances for interest On State and Government debts and
for the portion of the Ncw.York debt rembursabe on
the Let prox owned abroad, has given strength to the
market. Our quotations as yesterday.
Money is still growing little easier and paper is
not such drug has been. is probable, however
that those who look for immediate and large relief imne'
diately after the lat proximo will be disappointed The
quarterly returns of the Banks will be made on the st
February and these institutions will not be likely to eX'
tend themselves any great degree until after report
| day.
The North River Bank has declared dividend
of three and half per cent payable on the It'll OF jan
uary.
The Phenix Bank has declared q semi annual div
idend of three psr cent payable on the 9Th inst
The Haven County Bank has declared q
dividend of four per cent, payable LIST January
The Union Bank OF Maryland and the Farmers
and Planters Bank of Bank of Baltimore have each de-
declared semannual dividend of three per cent
The New-Bedford and Taunton Railroad has de-
c!ored semi.annual dividend of three and half per
cent. The Taunton branch pays four per cent. The
Boston and Lowell four per cent The Eastern Railroad
and Eastern New Hampshire, pay four per cent
The Wool Growers Manufacturing Company OF
Little Fails half yearly dividend of II per cent
The Newark Banking and Insurance Co have de-
clared seiannual dividend of three per cent payable
the lst OF January.
The Morris and Essex Railroad Co. have declared
semannua dividend OF three and half per cent pay
able on the LIST of January.
The New-Jersey Insurance Co. have declared
semi annual dividend of per cent payable the 9Th
of January.
The exports of Cotton Goods from this port from
1st to 3Oth Dec have been 1915 packages.
The following proposition, which we find in
Thompsons Bank Note Reporter strikes u.s. on curso
nv view as being worthy of consideration and although
we perceive some difficulties in the practical working Of
such law, yet the public nigh, be benefited by its pas
sage.
Let the Legislature pass law giving the holder of the
notes of such Banks amenabe to the laws OF our
State power for and recover their value OF The
person passing them in of the failure OF the Bank
The liability OF the person passing such money might
cease at the expiration OF three or SIX months
law of this kind would be better than all your indvi.
dual liability charters. Under It's influence all douotl III
money would be thrown home for redemption; and no
man would borrow buy dollar OF 1t to pay out Our
laws are now applicable in this sense to counterfeit
money; why shape them SO as TO secure the puoc
against shnpla ter banks
AT Cincinnati Peabody's Price Current says:
The scarcity of currency continues, and the money
market has probably been tighter in a time OF
prosperity than during the past week Its nesry iI.
possible sell time draft and IN some instances sgnt
checks ON the East could be cashed. Local discounts
are lust now OF the question. Last Saturday being
the last which could be paid without the coec
ton per cenage has contributed 10 considerable extent
to this state OF thlngs
The st January, 1886 interest due on the Iwata-
ra Railroad bonds paid the Bank Of Penn Township
Cotton factory charter will be applied for at the
next session of the NewJersey Legislature from May
Landing, Atlantic County, with capital of sl5o,OOO
Application will also be made to incorporate compa'
nv for the manufacture of Cranes Patent Clocks with
capital of 100000 to be loo ated at Belleyille.
AT Philadelphia the money market is decidedly
easier At New Orleans the contrary according &c
the Commercial Times the Money market has certainly
become little tighter, and there is more paper Offering
in the street than have before observed The Banks
are more cautious their discounts and begin to scru
tnze narrowly the character OF the securities and sgua
nres Some private parties who have been in the habit
of taking paper have ceased doing altogether and as
General rule there is much less confidence than was
previously manifested Short paper may now be quoted
at el2 per cent of doors and long loans secures
bv mortgage at 1912 per cent, always understood toi
undoubted signatures Exchanges were higher-Ster
nno 6 g. Francs 537! d535, so day bills the North
o,6oi discount sight checks lDlt discount. Texas Sc
cr,ies very dull Red Backs 81 02 Bonds 81 04 on the
dollar The amount OF business transacted was small IN
consequence of the impedinents TO navigation in the
Mississippi aud tributaries.
| The Geneva Gazette of Friday contains call
numerously and respectfully signed. Tor Railroad Con
yn,;on 70 be held at Geneva the 7th proxmo with
reference 10 the project of great railroad thorougniare
from the cities O! Washington and Baltimore through
the yalles of the Susquehanna ana the seneca Lake
by The WAY o.. Emra and Geneva to Great Soous bay on
he Northern frontier The people OF western New
York and OF the upper counties OF PennsySaha llena
IN to the project are invited 10 attend Inc uazetie,
alusion 10 the call, says
This Convention, are assured, Will De atlenoeo
bv delegates from Pennsylvania where connection oy
this route with the public works OF our state gehef
ay regarded the feasible and pracncaole OF nm
as yet proposed Our neghbors 10 the North are aee
Interested this matter and hope 10 see large DEL
egaton from that quarter The great object OF forming
connection between the city OF Washington ana LAKE
Ontario which viii vary in part but about nVe nHes
from meridian line, must atrke every one as oelnS o.
great national as well as loca, importance"
Markets.. Carefully reported for Tae Tribune.
WEDNESDAY, Dec. 81.
ASHES-The marke, il without change. Sales zoe
bbls Pos for France 50 IS and few Pearls 2
EXPORT from LIST Both December-Pots, qll bbls