New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-02-05
COMMERCIAL AND MONEY MATTERS.


THURSDAY, P. M.
There was an upward tendency in the fancies
today and general improvement manifest The
sses were 10 considerable extent and general impress
sion prevailing tina, stocks will yet go higher there is
considerable speculation from the outside which is a.
ways an important element in sustaining stocks.
The Bill Market is quiet, bat Continental ex-
changes arc firm. sierlingis 5iaGl. Francs leading
bills 537l
Freights are scarcely so firm at the close and
Corn shipped to Liverpool at 2id Flour Is heavy
freights 7js zoe. To resnd vessel taken q, IT,
Sd and 2jd and ship to 60 from Southern port TO
Liverpool at IS. Cd.
The Money Market is quite easy and no difficulty
is found in passing good paper at Bank in the street at
cal per Ct Stock loans negotiated with facility at
TIE rates Stock loans call now preferred
to other descriptions Of security capitalists desire TO
retain control Of their funds in order to take advantage
Of the wants OF the General Government. There is
every appearance In the street that the Secretary
could obtain eli the money he wants on liberal terms.
We learn that the Legislature Of New-Jersey
yesterday directed investigation Of the condition and
management of the Plalofed Bank, choosing Commit
tee for that purpose, which will enter upon the dis
charge Of its duties today.
The receipts Of the Vicksburg Railroad it is said,
have greatly increased during the last year compared
with the year before.
Bicknelrs Reporter says The Philadelphia
money market has been comparatively easy since the
arrival Of the steamer The banks have discounted
with freedom, and fret class paper can be nego
tisted without difficulty at per ct
document emanatiDg from Boston Is circulating
in Wsst attacking the management Of the Reading
Railroad
Ii is rumored in Philadelphia that the Reading
Railroad Company and the scbuykill Navigation Com
pany about join interests in reference to the trans
portaon of coal from the Pennsylvania mines and that
they intend to establish certain rate per ton which
they will both rigdly adhere to.
The Stockholders OF the Bank of Pennsylvania
at their meeting Monday last authorized the Direct
ors make application to the Legislature to have the
par value of the shares increased from $3.50 to $500 each
showing large surplus over that valuation.
A remnstrance has been presented in the New
Jersey House from the Morris and Essex Railroad Com
pany against the proposed extension Of the Springfield
and Elzabe,htown Railroad to Monistown, in which
the romonstrants state that their road was Incorporated
with power to build from Morris to Newark or Eliza
bethtown that at that time il considered doubt
ful enterprise by the public and great difficulties
encountered to induce capitalists to invest money in it
that In completing the Road the Company became in
voyed so that 1t necessary sell the Road where
by the original stock was sunk ard majority OF the
original stockholders redeemed i; under the act of the
LEGISLATURE and relaid the Road with heavy : rails
that their investment in repairs &C. is 1926 600 and
the whole amount Of income and profits have been APP
proprated for repairs except five dividends not amount
Ing IN the whole to u per cent on the cost They state
that the bin before the Legislature is for rival
road and If chartered neither OF them be adequately
supported and the public not well accommodated as
by one road well maintained.
According to the report OF the Commissioners OF
the Canal Fund the total amount received for tolls
during the last season account Of the trade with
other States,
by the way OF Buffalo. sl22l,229
BY the way of Oswego. le3-S2
BY way of Whitehall. Observation-Disclosures. "24'9
Total --------.-.-----.--- .sl.i<''1<o
At the of toll of S45 the amount would have been
1924 33 larger In the single article of corn there has
been received
BY way of Buffalo. l2l0s9 bushels
And by way of Oswego..........-.. 333,O65
Total Observation-Disclosures
In ls45 less than fifty thousand bushels OF corn were
received from other States showing increase in this
article alone of than one million four hundred
thousand bushels But for the decrease OF tolls con
siderable portion of this increase would probably have
sought tide water by other route and the tolls and
forwarding charges have been lost to us,
By comparing the tolls at Buffalo. Black Rock
and Oswego for the years s45 and 1876 ii will be seen
that the trade has greatly increased and tolls were re-
duced with the view of increasing trade without dnn
- folt