New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-02-03
COMMERCIAL AND MONEY MATTERS.
En- .o,s NJ Stock, at II. Exchange, see Last Page.
MONDAY, P. NJ


The unfavorable reports from Washington and
from Mexico had depressing effect upon the Stock
Market 10 day and the fances fell or and the Second
Board there was still heavy feeling. The bears make
the most Of the flying rumors from Washington brought
by one mail only TO be refu,ed aud superseded by the
next Meanwhile the sound State Stocks huctuate but
slightly
There is but little doing in Foreign Bills the
Steamer being off. and rates are nominal. steringsa
81 Francs 2a3 05 81! Rix Dollars 7s:07si; Guild
80! 039I Marks Banco 353 d353.
Money is decidedly easier today, the Banks hav-
ing opened their vaults and discounted for their Gus
toners rather more freely for first class paper There
have also been several buyers of paper in the street IN
search of good lots Short paper was passed nj per
cent and 20 50 days paper at per cent On tue best
stocks money was easily obtanabe at 6 per cent
A rule having been established by the Chair, be-
fore the vote was taken Saturday in the Stock Board
on the Erie matter cutting of all voting after the roll
had been called over the Broker for the Clique made
speech to-day in which he stated that such iagrant
Injustice having been contaminated, he withdrew his
complaint against Mr.. Little, inmatng that 1t was use
less TO look for Justice the hands OF Board where such
a rule was enforced. Whereupon member proposed
tla, vote should be taken the question OF sustaining
the Chair in the rule established, which resulted in
vo, o an y. re for sustaining the Chair So that this in
,crmnabe matter would seem to be settled al last, the
complaint against Mr. Little having been withdrawn
We made few remarks some days since upon
The value OF an Institution ike the Citizens Bank OF Gin
cnno,i established for the purpose of oaning small
Sums for short times TO those who have facilities for
obtainin rrnoney from the Banks. We know nothing
about the managers of the Institution above named but
the tlau strikes US as benevolent feasible and highly
useful one Such Institution is much needed in this
CITY. The following communication is doubtless from
one who has felt the need Of such Bank
Mn Fn,roR: Nv object in this communication is to
coll rho attention OF some one of our capitalists
TO those remarks of yours relative TO the Citizens BANK
of Cincipnatian Institution doing more than any
other in building up the Queen City OF the West by
aiding that large and cuterprisiDg class OF her citizens
who not possessing the requisite means OF carrying
their business obliged TO resort to borrowed capital
An Institution OF this same character IS greatly neeucu
here among US.
When YOU cay, " Many worthy Mechanic. perfectly
responsible for the small sum be wants cannot OBTAIN
loan because ne is known in Banks you should have
added and even known, the amount he needs Is so
small they will not trouble themselves with it.
Sir-often on the completion OF lot OF work de-
ponds his ability meet his living rent aud Incl
den,ala IL may be twenty five dollars-prooaby fifty
generally not is needed to put the article on which
he is bestowing bis labor in that state OF completeness
in which he realize proper returns arn confident
tba, similar Institution established here. would not
only meet the and wishes OF large body oil our
citizens but would also pay handsome returns 10 any
gentleman who would embark upon the enterprise.
MECHANIC.
The Manhattan Company have declared divi-
demo o. 3 per cent their capital stock
The Atlantic Mutual Insurance Co. have declared
dividend of "a per the net earned premiums
of s45 for which certificates Of profits will be issued on
the 3D. inst, Six per cent interest the certificates OF
ls44 and sl5 will be paid on and after the Sd inst. Tic
total net amour, OF the profits the Company for three
and a half yesrs amounts TO s77537l &c.
Hon. John Hamilton has been elected President
Of the Commercial Bank of Kingston, Canada.
Last week, says the Tunkbannock Pa.rol, we
stated that the North Branch Canal Company had aban
dopcd its charter We have the pleasure of contra
dieting It. as we have been credbly informed that it
only Remains for tue of New York to consent 10 the
connection of the North Branch with the Chemung and
Chenango Canals and the Company ready to prose
cute the work to completion
The following statement OF the business OF the
Tonawanda Railroad for ls45 is taken from the Annual
Report of the Directors to the Legislature
Receipts for passengers $50 sue %
do Freight 2uJlt IL
do L. s Mail. oio2 %