New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-02-12
COMMERCIAL AND MONEY MATTERS.
For ,ales Of s.osE. q. e. F9arlA Pag.

THURSDAY, P. ~
The Stock Market was not very active today,
but there was considerable frmRess and generally
good feeling in the market For Government Skies new
lol was bid, and TOO for the old Skies.
The Exchange Market is unsettled, bat the
transactions have been light and show change in
quotations Sterling quoted at 81 per cent Francs
5 10
The Freight Market is more active, and ship
masters advanced the rates To Liverpool S. end
26d was asked Some engagements made at 7s Cd
and 25d a2Gd The Mantle took 20 900 bushels at Pad in
bags Two three vessels chartered for ireland
at a. Cd. for bbls and 24d 025d for Corn
There were some sales Of Painfeld Notes in
Wall st. al q cents the dollar but generally the brok
ere refused 10 buy them the Iehgh We believe the
Lehigh were redeemed as usual.
There was q great deal Of animation on Change
today and the transactions in Breadstuas were large
and at advanced rates. The sales however io of at
the close shippers did not forward freely 10
meet sellers al their high preiensions
The Sarah Sands has on board about 5000 900 in
specie and the New World about $4,000. The next
Steamer it is understood viii have large amount re-
ported by some as high a million Sterling The Lon
don Times Of 18th ult. says:
The insurance Of gold at Lloyds for export to Amer
lea continues on aconsiderGble scale. good deal Of
business done to-day in the underwriters room at
per for the nest Halifax steamer and % rs Cd and
l5s per cent for the sailing packets.
The Money Market is a little tighter than it was
last week but the Banks are still doing literally for their
customers at 6a7 per cent
The Boot Cotton Mills and the Amoskeag Man
uiscturing Co. have each declared mlannua div.
dend Of per cent
The impression seems 70 prevail IN London that
severe monetary crisis at hand This il the tenor
of many letters from England and the newspapers hold
the same language Brown shipley & Co.'S Circular
says:
Since our Circular Of 4h inst by last steamer the
Money Market has undergone rather decided adverse
change Influenced considerably. no doubt by the III
creased pressure on the Continent and money crisis in
France The Bank Of England has advanced its mini.
mum rate OF interest half per bIt the general
rate in the market IL decidedly higher. with great
srngency in discounts both &c TO the class Of paper
and the time 1t may have TO run IL also seems 10 be
generally expected that the Bank will farther advance
the rate almost Immediately
Dennistown g. Cos Circular says.
The bullion in the Bank has fallen to 4l430s or The
market for the moment is mainly affected by the critical
position Of the Bank of France and the general demand
for money on the Continent; but there Is before
far greater OF danger in the immense amount Of
our imports and in the decrease in our exports
The writer of the money article in the London Times
Of the 18th ut predicts very serious crisis IN the IMAM
oia affairs Of England, based upon the effect already
witnessed Of the abstraction Of only mon Of bul
lion This he says affords data for calculating the Of
feet Of drawing the three four million originally pro-
posed There will be- he thinks rapid aud
drain Of specie and he eves table OF prices the st
of June 1886 as compared with those Of Jan 1871 TO
show the extent which the balance Of trade IL likely
TO 90 against England From this be shows that there
win be an increase IN the payments 10 be made on the
articles named of at least ten millions and adding
ear the increased imports for Ireland the demands for
foreign railways the deficiency in the Indian revenue
and The Mexican war which threatens 20 interfere
with the ordinary supply Of silver the aggregate
will not be less than 2l7O00000 The necessity for
f currency at home is aso beyond all precedent The
storm must first burst upon those engaged In railways
The West India Steamer arrived at Southamp-
ton on 9Th ult with 100000 on merchants account,
bu, nothing on account Of dividend of Mexican debt -
The Standard says
The American authorities have intimsted that for the
future the ports closed against farther shipments
In the Massachusetts, Senate, "Wednesday. Feb
10 the bill to incorporate the Bay State Bank was passed
to be enRrossed
The Commercial Bank Of Rochester has made
dividend of % per cent for the last six months.
Hunts Merchants Magazine for February has
an extended accoun, of the Commerce OF this Port from
which the following has been compiled
Exports for lsi5. Exports for $40
Flour .469520 l,l9342s