New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-05-14
COMMERCIAL AND MONEY MATTERS.
Tor sales Of Socks ac. see Fourth Page.


The Stock Market was buoyant today, and the
iancies in demand at improving rates Sound stocks
were also firm Treasury Notes went up to per CT q,
which they were in demand.
Bills are not very active, bat the rates are firm
Sterling can. Francs 535ia53
In Freights there is more business doing, as
produce begins TO pour In upon Large engagements
have been made for Liverpool at &c. for four and
parcel of 10000 bush. engaged at lOd For
London two vessels taken at Be- lid for -four and
Heavy freight is 3O935s.
The Money Market has continued very easy to-
day. and heard of parcel of ten thousand dollars
loaned for thirty days low per CT At per CT
money is abundant
A book keeper Of the Mechanics Banking Asso-
ciasion has permitted overdrs of $4,000 by street
broker. OF this $4,000 may be recovered on the
bond Of the book keeper This loss 1t is supposed will
prevent dividend 1t is about three per CT the cap
its stock of the Bank. Wast has been unusually vr.
tuous Of late this being the first explosion for long
time.
The Evening Bulletin, Philadelphia, after con-
idemning the late of the shorts in Reading
says;
MIR. McCalmont OF London is now engaged in the
Reading bonds and stock to the amount OF sJOOOOO,
and he takes Of the loan 100000 for himself and
partner He sa director Of the Stockton and Burlington
Railroad Co. in England, almost exclusively engaged
In the transportation of coal and which pays well
any road in Great Britain. He came 10 this country
purpose 70 look after his interests In the Reading
Rsiroadhis investment in that work ia sufficient
answer as TO his opinion OF It's management and mpor-
But few days after his arrival in the country a
report ndustrously put in circulation in New FORK
that he selling out his stock and bonds To gen
teman of this city who called upon him with regard TO
this report be the uasgurOeal denial OF his
having sold share bond, his having any intention
to do So
The amount Of specie received at New Orleans
since st Sept last 92 900 against 45s 500 same time
last season.
Mr. Joseph Marsh has been chosen Cashier Of the
Massachusetts Exchange Bank, chartered by the late
Legislature to 60 into operation in Boston.
Ii is stated that John NJ. Kennedy, Esq. OF this
City, will be elected President of the Baltimore and
Ohio Railroad Co in place of Louis McLane.
A large meeting of the friends of the through
route 10 New.York was held at Woonsocket Thurs
dayIast a, which resolutions were passed in favor of
the OTIS Pettee route and of regret that the Msssa
LEGISLATURE refused to charter that the last
session.
At New Orleans money matters remain as last
noticed The banks continue to discount freely for
their customers There is long paper offering in
the street but readily negotiated present The
business in Texas Securities has been quite limited
Treasury Notes II Gl4Ic Interest Notes TO- Eight Per
Cent Bonds % Ten Per Cent Bonds, 24c on the dol
lar Foreign Exchange has been In very good request
and the rates have again advanced materially Sterling
81 d6t per cent premium Francs 5f37t d5f40. Bills
on New York 60 days, lt0li per cent discount
Checks, par aa! half per cent discount.