New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-07-31
COMMERCIAL AND MONEY MATTERS,
For Sales of Stocks. DC. see Fourth Page.


THURSDAY. p. N.
The Stock Market was rather quiet to-day, and
the influence Of the passage Of the Tariff appears 10
have run out The fances generally improved although
only to moderate extern. The transactions, however,
were limited. tthc Second Board prices sill tended
upward
The business in foreign bills is still light ard
rates are not very firm Sterling 7d7 Guilders 3st
3si Fix Dollars 7G d 100 Marks Banco 81; a5i! There
Is nothing new to indicate improvement IN the de-
mund for exchange, the importations until the new
Tariff goes into effect will be very light
Freichts continue quiet. Flour is rather hrmcr
and IS sterling has been paid day Cotton is 3l6d and
dull.
The amendments TO the 2lst section OF the SUB
Treasury bill BY the Finunce Committee is well caicu
lated 10 make money plenty and food the country with
paper money without specie bnsis or any arrange
men. for redemption Ii will make the Treasury OF tho
United Sta,cs the worst kind OF shinpnser mill ana
cause AN imitation OF paper currency to as great an cX
tent as did the much abused United States Bank The
Secretary of the Treasury mas already sent to New
Orleans for disbursement $4,000 in Treasury drafts on
the Bank OF Commerce OF small denominations suitable
for circulation. For Sub-Treasury specie basis Ad
mnstraton that looks upon bank paper as the invention
OF the fcnd this is certsinly good.
The Alabama Life Insurance Company has de-
clared dividend Of three per cent for six months The
Mobile Insurance Company twenty per cent The MeT-
chants Insurance Company of Mobile ten per cent
1t is understood that vote OF the Fitchburg
Railroad Director. passed on Monday 10 build
branch from Concord the Asssbei river to FELTON,
vile
An effort is now on foot to complete the remain
ing unfinished portion the North Branch Canal along
the upper SusQuchannn. distance OF some thirty
three miles yet bc constructed TO complete the con
necton between tic Pennsylvania system o: internal
improvements and tina, OF New-iork Upon thi, North
Branch extension the State of Pennsylvania has cxpcnd
ed about three millions of dollars but tho embarrsss
n,en,s OF the Commonwealth having caused cessation
of farther appropriations the State now proposes 10
transfer the unfinished work company upon condi-
ton tina, they complete it. One million OF dollars or
one million and quarter will be sufficient il is believed
to finish the extension and for this the Company
will obtain possession OF work upon which three mil
lions have been already expended. The whole work
when completed VIII be hundred and nine miles in
length.
The people of Wilmington \. c. have COM
mcnced the work of uniting that city with the great
Southern railroad The engineers commenced the sur.
vcy on Monday last The cost OF the road is fixed nj
SsO0OO1 1t will eventually be the great mail route.
After the road completed continuous track will car
ry passengers from Atalana. Ala. 10 NcwYork City,
thereby creating greN, saving OF time
The experiment Of reducing the fare on the East
crn Railroad docs 20 have resulted quite 80
much 10 the advantage OF the company of the passcu
gers The annual report OF the Directors reminds the
Stockholders thai, in comparing results with the year
previous il should be borne in mind tina, during the nine
months OF the year ending June 30 the fares have been
nearly % per cent lower than during The corresponding
months OF the previous year The receipts have been
the expenses have been Sl6li o. this ycar. against
Sll30li Is the last number Of passengers 49, IN
lSl5-i6 against 6Ol.sl5 IN lSIi-i5 number OF miles
run 2i0O7? in lsi5-46 against 2O75Sl in Ie+i-i5 1t
will be seen thai the company have run ~ per cent
more distance and carried NJ per cent more passengers
Tor somewhat less money and AZ about per cent more
expense 10 say nothing OF the additional risk.