New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-04-24
loMMERcIAL AND MONEY MATTERS.
II For sale. Of stoets, &C. sea fa'lrti page

ET' For soes Of Stoeks, &C. sea |onrtA Page
THURSDAY, P. NJ.
The reaction in the market gathers strength and
tie transactions day hare been very large and at stead
~, ,,,rorips prices. The market closed firmly, and
between the boards still, higher rates were obtained The
e, a. tie Second Board also large and the quot
,ons were again advanced. The edvices from Wash.
iDV,on In relation the SubTressuy projec. appeared
10 relieve fears Of the operators and there
strong disposition 20 buy The aituation Of the bin Is
now very much stated It would be some week
,so since The Warehousing system Is TO be established
trsr and branch mint in his City the operation
Of the specie clause TO be postponed Unit, January and
probably the payments in specie made gradual during
two or three years The advces at any rate caused
cutie ferment in was, and after the Second Board
n-ees stl KEEP, moving upward Norwich and Worces-
ter selling at sea.
In Foreign Bills there is but little doing, and no
change in quotations The supply is good. Sterling
eei; Francs 27i05 IS Rtx Dollars 70. 07ss Gull.
ders 3si o39i Marks Banco 35s 035s.
Paper which was on the market yesterday at
DER cen, per month is held to-day at per There
ia more inquiry for paper and negotiations are made on
rather better terms. The change however ia NO, mate
rial
Uncuuent money continues to come in very plen-
,fully bu, all taken of by The bank agents The
ra,e Of Discount Western is up to per cent
AT Boston, yesterday, among the stocks sold were
one shares OF the stock OF the Boston and
Providence Railroad which found sale at sGai per
cent advance This stock is entitled 20 the July divd
end
The Boston Journal Of Wednesday. says money
hiss been much easier In the to-day than for sew
ersl ds5s past.
Bicknelrs philadelphia Reporter says the Phil
adelpha Money market has not been SO contracted Tor
rnapy months Las, week quite panic prevailed. The
banks discounted little nothing. We day or two
ago saw some frat class paper having less than sixty
days to run which had been thrown out OF one OF our
monetary institutions. The paper would have
been discounted readily fortnight ago and at much
longer time Out Of doors it has been almost impossible
TO rase money any rate AS high la per cent has
been paid for good paper but the general rate may be
quoted 1T per month. The rates on uncufrent
paper have all advanced.
East Boston Co. Stock has for some time past
been one Of the foo, balls OF tho Stock Exchange 1t
has of late become generally firm than the other
nces capitalists having picked up large lots OF it for
inys.tment The number of bills has increased from
1900 last year 300 this year, showing srong tenden-
CIV of population TO East Boston.
AT q meeting of the Board of Directors OF the
State Bank at Newark Elias Van Arsdae Esq IA sor Of
the late Presidency elected President vice Elias ian
Arsdale. deceased.
At New. Orleans, l4,h the Money market was
easy with little paper offering out Of doors. Undoubed
signatures short date be done 60l0 per cent dis
count whilst loans for longer period not effected
with as much facility. The high rates of Exchange have
induced some shipments Of coi'. The demand for
Texas Securities had fallen oa No change in rates.
Red Backs l02li Interest Notes 2i0M!' Funded
Debt 25027 Eight per Cent Bonds 30 OBJ Ten Per
Cent do 32133 on the dollar. The demand for Foreign
Exchange had been very brisk and the rates of Sterling
bills advanced to el e4 per premium. Francs re-
main a, ST 27!85f 30. Northern Exchange had also
risen, 60 day bills on NewYork l@l. per cent discount
Checks par.
The ST. Louis Republican gives the following par
tcuars of q fair business transaction" of Gov. Ed
wards Of that State The Governor has now fine OPP
portuni,y of visiting the East without regard to eX
pense as the state pays all his charges his re-
qulsition.
Gov EDWARDS AND THE STATE BoNDs-An act was
passed at the of the Legislature authorizing
the and sale of State Bonds to an amount equal 10
the of the State Bonds which bear ten per cent
interest and which fall due in 1886 the proceeds 10 he
applied exclusively to the payment or redemption oil the
ten per cent bon is falling due in the same year. The
act farther authorizes the Governor to employ such
agent he may deem proper 20 negotiate Tho sale nnd
apply the proceeds he may require the Bank OF Mis-
souri, the agent The 10Th scction oil The net
provides that all necessary expenses that may be in
Cured In carrying this effect sha be paid out
OF the State Treasury, the requon of the Governor
In favor of the person entitled TO the same out oi any
money 10 the treasury not otherwise appropriated
Under this act the Governor. we are informed mas
had the bonds printed in his printing Office has hed
them up according tho law and as John hd%drds'
Governor has appointed himself, John G. Edcdrds IN,
dpda the agent of the State negotiate the sale oil
the bonds and apply the proceeds Under this power,
dofinp the Governor TOR the time being and assuming
the plain position OF John c. Edwards private cluzen
his Excelcucy arrived In this city yesterday on his way
to New.York othern Eastern cities to sell the bonds
Markets. CaTefuiiy reported FOR Inc IT'oa''f'