New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-06-13
COMMERCIAL AND MONEY MATTERS.
Il For sale, of Stocks. &c. sec fourth page.

The Stock Market was in a deep decline at the
First Board and the desire to realize threw more STOCKS
on the market and quotations fell of quite as rapidly az
they day since. After the Board the mar
kes steady and the Second Board the rumor hav
Ing obtained that the Senate had voted to advise the Pres
dent to accept the proposition of Mr. Pakenham stocks
Jumped to per cent with large sales. Norwich went
up . per cent. and Harlem Il.
In Exchange there is little or nothing doing
Sterling per cent for first rate bills, and Francs 35
The supply is large.
The earnings of the Mohawk Railroad for the first
week in June we're:
Freight -.-.---------.------. 10 81
Total. .S2iO3 Il
Same week last year ------.--.-.----. 100 %
Excess in 1876. S34s "a
The earnings of the Stonington Railroad for May
did not vary materially from those OF May, 1916.
A third ustallment Of $50 per share on the prefer
payable on the 10Th Of July.
The United States Insurance Company Of Boston
has declared semi annual dividend Of ak per cent pay
able on demand.
The receipts of the Michigan Southern Railroad
Add Transporting U. S. Mail .... $50 90
Total $500 "a
Mr. Moore President of the Bank of Augusta Ga
is dead
The pressure is still severely felt at Buffalo The
Advertiser says:
1t is painful to contemplate the extraordinary depres-
sion which prevails In every department Of trade the
present moment. Notwithstanding the decline in the
price of canal freight the great difficulty of negotiating
exchange and the amenabe state OF affairs at the East
well in other parts Of the country deters buyers
from coming into market at this point, and produce Of
meanwhile stocks rapidly umuatipe, and much
embarrassment is experienced in providing suitable
storage.
AT Philadelphia, the Ledger says;
The money market is comparatively easy more,
however we believe from the little business doing than
from any growing disposition the of the Banks to
increase their line of discounts While the war with
Mexico is continued and kept up at sny thing like the
present alleged cost OF halt million per day, IL is not
likely that Bank liabilities will be augmented.
OF the Pittsburg and Connellsvile Railroad stock
Sal shares of 5000 taken at Pttsburg the
first day of opening the books This the build
ing Of the Road.
Earnings of the Buffalo and Niagara Falls Rail
road for the month Of May, 1887 25
Same period 1876 ...............-..... 1919 S.
Increase. SLOT 81
Earnings of the Morris Canal from commence.
men, of navigation to Both May, lS46-Tols on l7.2Ol
tons gross tolls S705s 80.
The United States Gazette gives the following
farther particulars of the forged Pit,sburg bond
The Bond alluded to- with some others, was hypohe.
Gated by note broker OF this city eminent and
siuent merchant for loan Of money The loan being
due and balance of it unpaid the note broker author
lied sale Of the Bond. IL accordingly sold at the
Board of Brokers by San uel Gorgss Jr Esq the mer
chants broker. Charles Manchester. Esq became the
purchaser The latter gentleman transmitted the Bond
TO Pitsburg have transferred to his own name On
advice being received of the refusal 10 admit II TO trans
fer Mr. Manchester claimed and received from Mr. Cor
gas the he had paid, whilst Mr.. Gorgas was re-iu
ourscd by his principal.
We also learn that the note broker was employed 10
negotiate the loan these bonds By gentleman who
IL engaged in the manufacture OF iron at Browns.
vile, Pa and In the sale of his manufactures at Pitts
burg The late Treasurer of the city of Pttseurg We
believe, The dookkeepcr agent of this gentleman If
interest has been duly paid the Bond in question it
must have been provided by the late Treasurer, who
can certainly explain the transaction. We have
TO believe that loan was made time ago by Of
our Banks TO the Brownsville gentleman on a larger
amour, OF Phssburg Bonds which was paid a, muturity
This farther explanation may enable P,sburg con-
temporary TO unrsve the mystery which conceas the
actors IN this fraud.