New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-03-25
,,cmnERCIAL AND MONEY MATTERS.



WEDNESDAY, p. ~
sgsre was better feeling in Stocks b .day and
,.,,s advance obtained the market leaving OF
- The amount Of transactions was not very large.
!, nils there is no improvement, and the mar
,,.ip.etive. Sterling quote al for leading bills
-, he whole range 3d4l. Francs 54Gia54j. The
-, Of bills under the continued large sales Of Corn
"A Be 100 large TO allow Of any Improvement in rses
There has been considerable doing in Freights
=. a.y and the increase 10 the quantity Of British ton
-, On the market has tendency TO depress the
=, ne Powhsttsn taken for Hsvre At 81 Is sad
!. n for Flour srd Cotton. To the Continent 50 cts
|. ..ted for Grain. There were five or six barks and
M pten for ireland at 2sa26id and one to srriye at
al To London shipment Of Corn made Al 24d.
,,S 70 Liverpool g.. and 26a2sd were the quotations.
uyy freight was taken In British bottoms al sOs Cot.
va sominsl. Government Is in market for vessels
fos Calf service
Treasury Notes are selling at . to premium for
he 525hs, and l, to j, for the per cents.
The amount Of uncurrent money is on the in
crease and the demand for II 10 also on the increase
There Il no change of quotations
PlsinGeld and Lehigh Bank notes are selling at
60 cents on the dollar.
v.,ts, The amount Of paper Offering less and the
p.ss, are discoun,ing more literally. Stock loans
,.s s,;,eeur,es are easily negotiated at cal per cent
Tbersb large quantity Of specie which will probably
arrive here during the next ten days which viii give
Material relief One Bank in the street has 100000
now due.
The mass Of Native Copper from the Baltimore
Nr,ns compsny's mines, on the Ontonsgon River Lake
ss,rdor which was exhibited last Fall in front Of the
rxebspse has just been smelted al the furnace Of
ue,,rs Hosg Desmster, Westst The mass before
smelling weighed 240lbs and yielded 222 los Of pure
Copper An analysis Of portion Of It by Dr. Chiffon
sbOvsh to be perfectly free from iron and other iDpur
ties With traces Of silver, and the manufacturers work
ins consider 1t superior in quality and value TO the
Peruvian or English pig.
worthy Of remark for future re-. rence that this
the fret Copper from the mining region imelted
and manufactured in this City should this prove 10 DO
fair sample of the quality Of the mineral from Lake
Superior it s reasonable presume that mines
and miners will be able TO supply the large and in
eressing demand for this metal and secure to
industry and enterprise the millions annually abroad
for Copper
That large range country the south shore Of
Lake Superior abounds in this mineral is without dis
puc and Congress has made provision for securing
the title In these lands to those who explored the will
derness may expect that mining operations will be
vigorously carried on hereafter and that region three
years ago wilderness with population now of ten or
twelve hundred will become the source Of great ind
ydua and national wealth, and open extensive field
for the industry and enterprise of our citizens
The Philadelphia Money Market says Bicknell's
Reporter si continues contracted. Out OF doors the
rates for first class paper range from to per cent
The relative cost Of transportation on different
routes s given as follows From Boston to Cleveland
via Western Railroad Erie Canal and Lake Erie "a CITE
per 100 lbs SIG 90 per ton From New York to Cleve
land via Canal and Lakes 66 per 100 lbs $40 % per
ton Do via New York and Erie Railroand and axes
e per 100 lbs SIC 30 per ton From Philadelphia
Cleveland via Railroad o. cts per 100 los sl2 90 per
ton. From Boston 10 Toledo .! cts per 100 lbs $40 40
per ton New.York TO Toledo by Canal and Lake 60
cis per 100 lbs S3 20 per ton. Do Railroad aud Lake
" cts per 100 lbs $40 20 per ton Philadelphia 10 Tole
edo by Railroad 20 cts per 100 lbs SIS 90 per ton -
Boston Cincinnati, via foledo 81 60 per 100 lbs $50
30 per ton. New York 10 Cincinnati. via Toledo 81 80
pr 100 bs s27 per tom via Railroad aud Toledo 81 a
per 100 lbs SIS 20 per ton Philadelphia Via Pittsburgh
snd riyer, 10 cts. per 100 lbs $500 per ton.
The citizens of Erie and the several villages be.
tween that place and Buffalo moving in reference TO
the construction of Railroad between the two points
IRIS now proposed anu generally agreed upon, We De
leve to hold Convention at Wesiied on the nth Of
Ap1L to adopt measures 10 forward the enterprise.
From statistical documents presented before
Congress 1t appears that the capital employed in the
OF paper IN the United States is sso0o0OO
The number Of mills 700 tho annual prod.ct $1,000
BOO; and the number OF operatives employed 10000
The FIRST two Of boats from the Tidewater Canal
reached Philadelphia on Saturday evening. The Canal
in good navigsblc order. Boats have also arrived at
Pittsburgh from Philadelphia About % boats have
arrived nj Bristol on the Delaware Canal from Easton
NewHope and other places, laden with Flour Meal
wbisky, &c
Markets, Caref,,ly ytporisdJo, The Tribune
"WEDNESDAY. March -
ASHES-Ihe market Is without much animation but
steady We note sales 100 bbs Pots at s7l Pearls