New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-08-17

MONDAY P. NJ
The Market was dull to-day for all descriptions
Of Stocks but there quite a panic 10 Treasury
Notes and sales made during the day as low as 2!
per cent From this point, however they rallied and al
the Second Board were In demand at 3 per cent The
continued decline Of the last few days csused by the
upvorable tenor of the Mexican has used up the
margins Of loans and the weak holders have been
obliged 10 sell which has Overlooked the market Some
capitalists however, believing the market had reached
the bottom came In and bought at the low figures 10 day
The Fancies generally little lower, bat the
changes were not msterial.
The Exchange Market with good supply. Is
quiet the steamer having gone. Sterling Is 5i46t -
Francs 535a5.33i.
Freehts continue dull with plenty OF tonnage ON
toe market To Liverpool p is offered and generally
refused. An engagement Of 1000 bbls was made for
Glasgow at % Cd Cotton is dull ct I'd for square.
The receipts Of the Harlem Railroad for the FIRST
tfeen days In August have been. GA
same time last year ................ eel5
1reresse equal 10 IS per cent..-.-..-..-.- 81 39
We again ask the Receivers of the Plainfeld
Bank If they doing anything toward relieving the
blho,ders Of the Bank In their published statement
bereis large amount Of good assets from which
dividend might be made An immense amount Of these
40, afford to walt Messrs Receivers show your hsnds
Is,,he public know what the prospect Of redemPonis
The amount Of duties collected at Vera Cruz
doce the opening of Mr. Walkers Custom House is
ss5OOOo including the duties the amount OF goods
yet In bond
The Illinois Constitutional Convention have been
hsvog stormy time on the subject Of Corporations
great many propositions were submitted nearly oil In
a., nal liabi
fora Baking System ON the State Stock security prin
eple was rejected. The Convention when !. came to-
ss,her was made up of l02 Bankmen and So Anti Bank
men After several days debate the following ar
rcle was adopted by svote. Of "a to IS.
sxc l. Corporations not possessing banking powers
privileges. may be- formed under general laws. but
shall not be created by special acts except for munich
pal purposes and In where ia the judgment OF the
Legislature the objects Of the Corporation cannot be at
tanned under general laws.
SIC Dues for Corporations not possessing banking
powers priv yes shall be secured by such individual
liabilities OF the Corporators other may be
prescribed by law
SIC g. No State Bank shall hereafter be created nor
shall the State own, bs liable for, any stock In any
Corporation Joint Stock Association Tor banking pur'
poses
sRc T. The Stockholders In every Corporation, and
Joint Stock Association for banking purposes Issuing
Bank notes any kind of paper credits TO circulate as
money shall be Individually responsible TO the amount
Of their respective share shares Of stock 10 any such
Corporation or Association, Tor al It's debts and hsOi
Ties Of every kind
SIC s. No act Of the General Assembly authorisDg
Corporations or Associations with banking powers, IN
pursuance OF the foregoing provisions, shall go into ell
Feet 10 any be In force unless the shall
be submitted to the people at the General Election next
succeeding the passage OF the and be approved by
amsority OF all the votes COS, at such election for
sJsinst such law.
The Portsmouth Journal says the first dividend
Of the Portsmouth Steam Factory will be paid at tho
cfce Of the Agent the 10th inst in the form Of
Dress Pattern TO each stakeholder.
Some fears having been expressed as to the sol
vebcy OF the Planters Bank of Tennessee-no doubt
growing out of the failure Of the Farmers and Mer-
chants Bank OF Memphis the institution has published
exhibit Of its affairs from which, the 81 L0is Re
vsts says ~ would that II 70 In 81 sound cond.
ncn az any Bank in the county
The ,Sane0mo Journal has the following para
graph.
We understood that In the arrangement for the pur
ehssc and concentration Of the property ls,ely owned
BY The Cairo City and Canal Company, In Trustees un
der the name Of Cairo City Property which being
represented by shares Of the par value OF &l00 each,
ire and unlncumbered by debt-or sssessment or per
ra resp visibility the creditors Of said Company
ahoms and abroad viii receive shares 10 the beneficial
Interests Of the Csro City Property through Mr.. Hol
brook the President In satisfaction Of their claims
md the whole Indebtedness OF the Bank CT Cairo being
Que from that Company, the holders OF is notes will be
pad In the manner. And. should the Central
Railroad be completed-which ought to be- the object Of
he Trustees 30 sccomphsh-the investment al Cairo
eshnot fail to be valuable.