New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-09-10
COMMERCIAL AND MONEY MATTERS.


THURSDAY, ?. NJ
There was rally in the market today among
the fancies and general improvement Norwich sofa
q per cent above the loves, point depression yeser
day Harlem slso improved For treasury Notes there
Wa fair demand at u per cent The sales at the Board
Of tho fanclcs large Gossip In the street tells
some rather rich incidents consequent upon the grand
Norwich explosion yesterday
In Bills there is little or nothing doing. STERLING
iheld at "A az but remers unwilling 10 pay these
rates Francs are pot a. %.
The market for Freichts is firm but inactive An
engagement of 1000 bbls Flour made for Liverpool
Ma Grain 10 entirely nominal at 6dd7d Cotton Ia
going forward AZ 3l6da7-3od The rate to the Cont
nent is &c
Wallst this morning greatly agitated by
the announcement that the highly respectable Exchange
and Banking house of Prime Ward Co had suspend
edpsyment They have published Gard stating me
to be the failure Of certain houses In England
whose bills they have taken to slarge amount IT'S IN
drstooi that they have made large advances upon Flour
sni Grain shlpmen,s 10 those houses which have and
sre,ikcly out very disastronsy We hear OF 10
other houses here likely TO be affected by this event and
all sides gres, sympathy expressed The s,oppsge
We understand was an act of prudence rather than OF
hope that the news by the next steamer would show an
improvement, 10 prices and 10 the money market 'hey
would have continued The liabilities Of the house ara
between one and two millions largo part of which 10
understood to be- held by the BsrIngs who have protect
ed many Of their bills The London houses which have
recently failed Messrs. Giles Son & Co. and Messrs
Alexander & Co II IL hoped win be able 20 pay twony
shilllhss 10 the pound In which Messrs Prime,
War; & Co. will lose comparatively little. And NJ any
rata r assets very large and the deficiencies We
should suppose could not be very considerable. Tho
head 81 this house Mr. John Ward also oil the house
Of John Ward s Co which firm has been dissolved
today The remaining partners continue the business
with large active capital Theollowins the Circular
which Messr. Prime, Ward + Co Issued this morning
NEwYoRK Sept 9. ls47
Dear Su We regret to inform you that owing 10 tho
reeent.Neie OF soe OF our correspondents In Europe
on Snon We have large amount of Bills running We
ieeln nenmeen,upon Us both from sense Of duty and
As an act OF prudence. 10 suspend payment
,s,..., Very respectfully yours,
The Albany n Schenectady Ralroaa Co asts
Mohawk s Hudson) have declared dlv,ssna NJ two
and half per cent payable 18Th October prox,oo
Toe earnings of this road for the pas, year have b.p
very large and are stil increasing yielding 4. under
stood full seven per net Its capital This /. ,he
commencement, OF lie dividends, and will doubtless be
foliow<d by others 1T regular six month Intervals
The Board of Directors of the Long Island Rail
ro.d Co hsve ordered revision Of their tariff OF Psssen
Ger fsres The same 10 be advanced TO two and hall
cents Der mile In lieu Of the present rates OF two cents
and under. The new rates will be much below the rates
charged by the roads ws'i OF Albany and even oelo"
the rs,es charged by the New Eoglsnd roads The IN
crease viii give the Company sbou, p psr cent increase
Of income to which they fully entitled In considers
on Of their large expenditure and for which hitherto
the stockholders have had no returns.
The receivers of the Manhattan Insurance Com
psny have declared final dividend OF Two per cent
mailing In all 50 per cent TO claimants OF loses BY the
great hreof July is,S, payable on demand.
We understand that quarter eagle was offered
one Of tbs Wallet Banks yesterday OF which the ex-
ssusion was good that !, almost impossible to
detect the fraud The mechanical execution Of the
piece 10 equal 10 ths. OF the mint and 10 within small
uiae Of The weight OF the genuine " 50 pieces.