New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-02-09
COMMERCIAL AND MONEY MATTERS.


The Stock Market was moderately active to
day and OF the Fancies little better There
is not, however, much animation. Government Loans
were in good demand For Skies l0l was bid and
for old 1924
5aa6i. Francs are easier, and good bills were
sold at 40.
Freights are without change, and not very active
vessel wa. taken TO 70 from the East to Baltimore and
load Tor Liverpool at S. and 24d and some engagements
were made from here at Is for Flour and 2id. for
Grain Cotton is I'd. bu, shipmssters generally ask
7.l6d
There was quite furry in Treasury Notes to
day and they have been in demand at az per cent
prem The demand is from capitalists who wish to hold
them for uansmutaton into twenty year stock under
the Loan act just passed 1t is very safe stock opera
ton as being receivable for Government dues the Notes
can in any even, fall but riHe below par while they
can be converted the option of the holder in stoc
which will be worth 10 Is per cent prem provided
peace comes. The Sub Treasurer has been overrun
with applicants specie in hand for Treasury Notes I'M
der the old act and has declined receiving any more spe
Gle until he has instructions from the Department al
Washington lie has had since Thursday than half
million offered him in exchange for Treasury Notes
The decision of the Department whether to issue Notes
or take Loan is not yet known but the notes have been
engraved and some of them printed. These may be
intended for disbursement the South. Orders have
gone from here the buy the South and specie has
been shipped the Rio Grsnde to buy up what may be cir
culaiing in that part OF the country. Some doubt has
been expressed If the late act gives the holders OF the
old notes the privilege of funding them, provided the
Secretary decides to issue no new ones but instead
makes loan for the whole amount The language OF
the act is however, very explicit on this point The
nth section says: 1t shall and may be lawful for the
holder of any Treasury Notes issued authorized to be
issued under this at any loans heretofore passed to
convert the into certificates OF funded stock upon
the same terms and in the same manner hereinbeore
provided in relation the Treasury Notes authorized
by the frs, section of this act" There to be
room for Misrepresentation of this section.
Very few Treasury Notes were paid in at the
Custom. House lssi week. The entire receipts
were NEUTRALITY-SUSPICIOUS. ssfo,tt.
Specie. ..-...-.....---...-....-.. 2o94I
Treasury Notes. ....--.---..-.-.. SIo,Spu
The Western Railway Company have petitioned
the Legislature of Massachusetts, to increase their CAPT
,al TO 100000 for the purpose of laying second
track.
The statement of the Bank of the State Of Mis-
souri, and Branches ls, January. gives
Discounts. .s2giIslo Oireulson ''s .s S S.
The Champlain and st. Lawrence Railroad con
meets the River St Lawrence with Lake Chsmplsn. At
Lapraire opposite Montreal and st. John on the Lake
The Company is in aourishins condition, as appears
from the report OF the President and the account given
BY the Directors at the half yearly meeting Of the Stock
HOLDER. held a, Montreal the 18th uli
-. -...;,,. ., the business .... s20ToO o
0, o s,,rren, s~nenscs ... 1926 II 10
-, -, a.. hu.,ness of 1876. si0a0 7 ?
con,nssn, fund reunsning from last year 2a6a 9
1900 10 II
Expended on improve
ments.
Lease Of Iron Duke"..--.. o'OVo U 9
1875 S
o, 10 .h.,. declared 1000 0 0
coa,la..., ra,d ............... xi,T5s 8 S