New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-07-03
COMMERCIAL AND MONEY MATTERS.
70 For sales Of s.oes.. SC, see fourth page
THURSDAY. P. n.

Ygy For sales Of St0exs, &C. sec JOU~PHS
TRuEspAY P. ~
Tho h,s;,ess NJ the Stock Board was confined TO.
A, aIrno,, exclusively Reading Harlem Norwich and
worc.,,er and Long leland. OF Reading the sales
usr. I,rge-ssesa a, the sellers option being made By
the b,oker of the Union Club. The market in despite
the besrGng buoyan, and The Fances Improved
materially The Summer session OF the Board promises
IN be unusually active the transactions in the
Fapcles have been sufficiently large keep The ball roll
Ing actively all Summer.
The demand for foreign bills is very light and the
,upuly much beyond the ofrer.t;ers. Sterling Ia
Hes; Francs ) 36t.
Freigh.s are no. active and the amount Of tonnage
market 10 larger than II There considerable
engagements Of Flour bu, Cotton Is offered freely
Conon Is ida5l6d; Flour Is. Cd Grain 5a5.d. Two
or three sbps taken up to load the South for
Europe. The large payments Of dividends being
us3e has thrown considerable sums into Walst for
employment and borrowers frat class securities find
no. much difficulty In meeting their wants. The Banks
continue DO for their regular dealers nearly all the
good short paper offered.
There is some kind Of screw loose in the ad min
dsrs,ion fhe Harlem Railroad Three or four Of the
moneyed men who were elected only SIX weeks since
have already resigned di'gust Tho given by
runo for these designations not definite anoueh Tor
point, but indicate seIcspect upon the part OF
those Who took the step.
The earnings of the Boston and Worcester Rail
road for The lsst nonths show highly satisfactory
condition Of the business of the Road The passenger
receipts sl09l25 showing an increase OF Sl32}5
the corresponding period of last year Inc freight
receipts were sllllC9. showing excess Of sll 929
making aggregate increase In elk Onhs OF So LOG
sbou,l2s per The Road s doing than it has
h.fn hrau rheae puuder
GRAFTON, which II built will add materially to the business
Of the Road The above increase mas taken place not
wths,andng reduction in the proportion of receipts
on the joint business with the Western Railroad Co.
The exports Of Specie from this Port for the month
ofJune nil. The imports III the hands Of nrn
grants considerable.
Upwards of fifteen thousand shares OF the stock
Of tue Central pa Railroad have been subscribed for.
The work Of relaying the truck Of the Somervil!e
NJ. Railroad has been commenced. The rail used is
of the best quality.
The Boston money market will be relieved by the
payment of hsyeariy dividends. The hslfyeariy re-.
OF the Massachusetts capital invested in factories
and railways will amount 1t is estimated TO over mil
lion OF dollars. The seven Railroad Comp 'nes will
alone yield over half million In dividends, besides the
collateral advantages which they mpart s the vuri
Gus channels Of business.
The arrivals at Boston for the month Of June
reached IO3J of which go Foreign. The clear
ances we're 400, of which 223 Foreign OF the
ceaances ships barks, Is briggs and 1877 schs.
British.
The earnings of the Eastern Division of the Erie
Railroad for the month Of June, 1916, as follows
From Freight. 45J w
From Passengers and Mail ------.--- "49t 81
Total Sl5,9e4 80
Increase ...........-..-... 81 07O 81
Increase from freight on $3.50 99
" other freight. Al VI
Passengers ------.---- Ios q
Total .s207O "a
The Bank of Monroe and the City Bank of Ro'
chester have declared dividends of per payable
on demand. The Merchants Bank OF Baltimore per
cent payable demand. The Morris and Essex Rail
road 81 per cent payable demand. Tho Bank OF
Pennsylvania semi annual dividend of 4 per cent
The Grard Tfust semisnuua dividend OF per cent.
Al New. Orleans there has been q decided i'm
provement In The money market Cnpalist' are moro
DESTROYS OF making In and the rate OF interest
out Of doors for undoubted signatures at short date
has receded to l06l2 per cent per annum. There 10
much paper Offering 10 the street. as the Bsnks OF
have been generally disposed TO discount the greater
portion that Is rendered The market for Texas Sc
curcs has been rather quiet, but without change III
the raies. Red Backs l46l5c; Interest Notes 10
EightEPcr Cent Bondn 10 gc. Ten Per Cent do rs 6
2lc. on tho dollar. The demand both for Foreign and
Donesc Exchange has been extremely limited, and the
market very heavy appearance Sterling 'd q
per cent. prem; Francs. 3565 40. Bills on Now.
York. at 60 days li92i per cent; dis Checks, para
per cent. dis.
Application having been made to the Canadian
Government to permi, the importation OF American
for rpdi bond in General
answered that under the circumstances under which
was enacted the Provincial Act Vic CHI IS and which
the bill introduced this session Il sanctioned by the I'M
peral Government will materially Affect 1t has not been
considered expedien advise his Excecncy TO antic
,pa,o the course which the Home think
fit to adopt.
Speaking of the exports of Cotton Goods from
th, Port tho Montreal Courier has the following sens
Bile reflections
And this has been ono of the consequences OF that
system which some revle so much nation encourss
Ing It's own manufactures. Those goods are destined
for markets which Great Britain hitherto had Inc mo
nopoy Of In which tho United States now not only
compete with her bu, which shs bids fair soon 70 supply
entirely We Il TO political economists to sScu
late how large number OF hands have been employ cd
In mskiug sbrlcs the amount which heir proouc
ton has eau sed be circulated home instead OF being
spent abroad and the quantity OF provision snc fuei
brought into profitable consumption
Thompsons Bank Note Reporter, speaking OF
the Waite Plains Bank shys:
We have good for believing that the crcuIat-
Ing noies OF this Banks will be redeemed al par ater
some three weeks from thu proceeds Ot the Sc
cures In the Compirollors hands. The Bank De-
psrment at Albany, with energy In closing up the
broken Banks, and eviucc determination 10 save tue
people FROM being shaved. Ali Banks under the Free
Banking Law which have been organized since foreign
stocks rejected as securities will pay par for their
notes the Comptroller will from the securities 10 bis
hands.
The arrivals at Philadelphia during June were
Ss7 OF which IS foreign Tho clearances S7S,
otwhich As were foreign. These figures show consid