New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-11-24
ComMERCIAL AND MONEY MATTERS.


| TUESDAY, M.
The Stock market this morning was rather firm,
and a, the Second Bosrd there was G. neral although
not important, upward movement. The holders of
Residing threw considerable stock the market at the
First Board, under apprehension that the market was
about 10 break down and the quotations fell on but re-
covered sgsin at the Second Bosrd. 1t 10 stated that
some Of the Philadelphia Banks have been lending free
y ihis stock and tia. considerable killing W" done
yester dsy between Philadelphia and this City By opera
tors In the stock to raise money
In Exchanges there is but a moderate business
doing and rates without chsnge-e a 10 for frat
class Until confidence returns In Bfiush credit there
can be no alienation Of this high rate looked for Bills
ars In fair supply bu, the leading drawers not
ious 10 operate.
in Freights there is more activity Engage
ments Of 10000 bushels Corn made st Cd and $500
barrels Flour and Meal led for Liverpool Cottonis
Id, and firm.
The Money market is without relief. Firstclsss
pa per ses l2dls per cent and there Is considerable
Offering The Banks evince disposition 10 extend
their facilities and or The best stock securities its
difficult 10 nseotis.e loans These Institutions fear the
drain of specie will continue, and are preparing 10 meet
IT. The Improvement in Bresds,ufs on the other SIDE
will tend to check specie shipments as Flour and Corn
can be used FOR renittences.
Our Bank tnkeripg Legislature have now no
less than eight bs before them for the improvement OF
our Banks They doing all they can TO break down
the beat Banking system the State ever had and not con
tent with driving safe currency on, Of existence
cesrous of throwing open the door for an Influx OF
the irresponsible Issues Of foreign Bsnks The Bills be
fore the Legislature for admitting u stocks ss
bssis currency taxing Banks their circulation par
! redemption changing time of making reports, rechsr
terpg al old Safety Fund Banks repeating act prohibit
log small notes Of other States and TO hs charge
/ of the Bank Department from the Controller TO The
Treaiurer The demand for State stocks "a basis Tor
currency has done much toward sustaining the prices
and would be extremely mpoitc TO release the pro-
bbition and let in food of Government stocks, which
are below par for Elk per cent stock when will be
necessary for the State TO make q loan In January
The apprehension Of the passage Of this bin has put
State S. down from l02 to &c. and the passage Of 1t would
probably carry them to 60 When the proposals for
new loan coma upon the market, the people Of this
State will pay nbou, per cent per snnum more for
pey III an they otherwise would for benef, Of specu
I lstors 10 Government stocks
! As far as we can learn very few American
stocks have out by the Acadia for sale Such psr
GELS as we can besr of limited above the market
!
( American stocks on the market few parcels Penn
! sylysnisus has sold at 62d63
/ The Schuylkill Navigation Company is on the
market soliciting loan Of $4,000 OOO for two years at
10 per cent per The object of the losn Is 10
take up the floating debt of the Company
/ The Money market at Philadelphia is still con
tscted. The Banks doing little, end the outdoor
rates for good paper range from u to per cent
month Heavy drafts for specie have been made upon
the Philadelphia Banks, chiefly on Eastern account
These tended to increase the contraction end to produce
alarm Several unimporsnt failures have recently &C.
cured there, but nothing causing any alarm
The exports from Philadelphia to foreign port Of
Flour Corn Meal Lard and Domestic Goods, for the
two weeks between the 5h and l9>h OF November,
a. follows: GASP barrels of Flour valued at si2l7s
Corn Meal s92 barrels valued at s6l5O; Lard lO96i3
pounds valued at sl3 34l and Domestic Goods valued
ASH 969 beside a considerable amount of Beef Pork,
Cheese, Butter, Tobacco, Bread, &c.
The Money market at Boston has become some
what easier although more paper daily offered stihe
Banks than can be discounted Double interest is about
the average in the street for good business paper
and sound stock colsterss The foreign news s gem
orally considered favorable.
| The value Of exports from Boston for the week
ending Goth Nov s755sl0 OF which 672l77 was In
specie The amount OF specie imported was sl3bo
The oowings statement exhibit. the receipts OF some
Nov 20: