New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-12-09
COMMERCIAL AND MONEY MATTERS.

f0r Sales Of Stocks, &c see Fonrh Page
"WEDNESDAY P. Nj.
! The Stock market was not active 10 day, and the
quotations we're generally lower Government &c. 1861.
sold At 49, end Treasury Notes at s9i The Presidents
Message vas not we'll received 10 Wsllst snd there
disposition TO press Government securities the
market
/ Sterling Exchange is very firm, and some Vir.
ginia Bank bills endorsed here sold at lOi per and
the best signatures brought l0I Francs are p The
supply Of bills 10 only moderate and the demand lin
| tied
There was an upward tendency 10 Freights, and
shpmssters asking % for Flour An engagement Of
LOCO bbls Meal ade at that figure for Liverpool
Some hosyy freight taken at 20s625s. Cotton is
3l6d
The London packet takes 10000 in gold, and
Liverpool packet $50 00O The French packet will
take small amount. There has been nothing yet en-.
gsged for the Steamer Since the Let inst there has
been considerable amount Of specie received from the
South snd West not less than $500 OO0 and the Banks
nov believed 10 be stronger than they were on the
lsi of this month They are, however still contracting
thcr loans and restrict their discounts limits
each struggling 10 become creditor Bank. Paper
IA not pressing quite freely the market, but first
class paper cold stldli per cent to-day.
The amount of money called for Immediately by
the Message is less than was generally supposed II would
b. but II "a st sufficient depress Treasury Notes and
other Government securities There will b. rather less
competition for the loan, unless al lower
The emily equitable way TO raise the sinews Of s
taxation and not mortgage the future generations
II desire the glory Of this war, should exhibit
a willingn to pay what 1t costs
The tenor of the foreign news gives room to
hope that the turn come and that for the future
shall hear of sounder state of things OF after
passing through such violent crisis 1t Is not to be
pectei that business will Immediately 10 It's old
footing. The recovery must be gradual. return Of
confidence DO the principal element needed TO
the resstablsheDt of business 1t Is not possible how
ever form correct opinion of the true position OF
monetary asrs until the letter mail Is received Should
ths improved state of ssirs be confirmed IL must eyer
else very favorable influence upon money market.
The receipts on the Madison and Indianapolis
Railroad in Nov. ls47, 1922 90
Same month in OBSERVATION-DISCLOSURES. 1856 II
Increase equal 10 RS per cent? slO7s5 a
The Earnings Of the Macon and Georgia Railroad In
November, ls47.
Passengers --...--........--...--...s5. 457 "a
-----.--.--------.---.' 4slf ~
MAIL -----.------ -------'----- GU ~
Total. .2o2 %
Earnings for same period last year...--. $685. 20
Gain (equsl to 30 per cent? .--....--.-.$ls'6 o.
The Philadelphia Ledger says the notes OF the
Lewiston Bank selling al 5O96O cents on the dollar.
The. North American Fire Insurance Company
have declared dividend of per cent; the Mechanics
Banking Association - per cent; the Hna Insurance
Company of Hartford dividend Of S. per share
The Erie Railroad Company give notice that they will
and after the lat of January nextpsy interest 10 the
holders Of the stock at t1e rate OF per cent per
ennum, in accordance with the terms OF subscription
Markets. Carefully reported for The Tribune
"WEDNESDAY, December {.
ASHES--The market IL firm for Pots at $ 62i -
Pearls quiet at 3t The sales 200 TO $50 bbls
in lots
COrrON-rhere was more movement Ia this stsple
today and the sales reach 1900 bales al about previous
prices Included In the sales $50 bales Orlez ns
from ship samples for export
Statement Of Receipts Exports and Stocks Of Cotton at ne
foH0loias places al The dates ANNEXED: