New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-10-02
COMMERCIAL AND MONEY MATTERS.


fHoAY,
The unfayorsble adyices from Mexico. received
thi. morning. although not generally believed bad
considerable influence upon tho Stock market saa
especially upon Treasury Notes which fell on to 2 pre-
MUM The Fsncles were al depressed snd me 'ses
were to considerable ,Nisnt
The Bill make, is quiet at i for Sterling
S . Tor Francs
Ia Freiehts there is small smouDt Of engage
nsn.. to Liverpool and Loadon At previous Fsirs-id
Tor Cotton 4. "a tor Flour and Nsvs stores 20 ic'
heavy irssht To the Continent considerable Gotten s
going Al &c ~
The Mexican advices were looked upon IN Wal.
q, q. rather spccryphsl There w." want OF unity
.hout the accounts which caused them to b. received
with incredibly. few d.y' will probably e''seg'e
their truth or fsseh0od Meanwhile public snss,y has
b..n but whet,cd by N. news OF the morning. hs
,.,h, ,b,, all Ia, occurred /, se, do~a ia these sc
eopn, but those whose icters lie not io believe h,ss
cer,s,nly some good reasons for lack ofhllh
T,bomp.oa's Bank No,e Reporter contSos plaza
of .y,,-m OF Banking for ilpos which seems 10
tain all the elemen, OF safety for TIE biz ooder' which
4. all the law maker can wei! look 10 ID possos CA
ios oa, for themselves but the bill holder receive
ipthe wsy Of business such bills arc In fair eFue Ia
N. community The plan 10 as follows
Let any Individual. company. or association Of ind
v,t,sl. r,r.u, the business of Bsnkiug-hudlag such
t5iyisu.l each par,ner OF such company, sDi every
,nou,tr of such association nfFiiusly hloe TIE
a. ,ho members Of Ordinary business nlil are liable
f r the debts Of such hrm
Rut ro individual company. or associauon. Should -
uv,S 10 maize or ssur any thing ss0Hey ac1rsct
e,csut As provided y law which misht De- ss io0ss
-, N,,Se,n Made aud southern The Governor AID
senate should appoint Bank trastee Tor each dstrt
and ne people Of each district should elect another Ban.
t .tu Ul
m one or more banks were organized M a,tieb "heti
third should be appointed BY The bank OF banks p, i
holder shonld be permitted % hold seat in ths boar,
Whenever bank or banker had deposited siV"V ln'es
states sixperoent stock aud >loN % specie pa An,r
can coin the Trustees should issue -l'" o. ctcasrs
rs ernerlp prepared. registered aud couniers.rsta
such bark or banker; and aitefward, whrne,rt Sr'
ned states stock and GOO m sIccie should ns d'l't
"a ,,,her issue Of notes should be made, and -
the bank banker might require "hrheNe .n' utns
banker should return 5000 81 ne notes the i'.ssi
ho9d give back 1900 OF Unlted states STOCK ADD ~"
III snecie or an stock. h required thus 40 All uncs elt
BLING the bank banker 10 expand 90 contract
In case these circeenns no'es snou" sr 49,
non payment, the holder should immedisiey "-lem
them with the Trustees, who should tlont delay ngtf
I'M. hank or banker and II not redeemed within seven tip
with interest and per cent damages Then me To
tees should such notes ~ IN the specie IN hard AZ
notify the bank or banker oi such teo'inpon aNn =
bank or banker should fail 60 renlace such specie ~ Ter
en days then the bank should be- considered ~ wiats
up and the Trustees proceed 10 sell the stocks ana sass
| the notes.
A correspondence has taken place between Mr.
G. v ; Roosevelt sud the President Of the Nsnhshs5
Co in which il involved the qactlion OF The nsh'd'
socsholJ,r ct Bank TO know Of what Tho ase'' on'
said Institution consists Ih" correspondence giesoa
/ of A requcs, from Mr Roosevelt, To know how much
/ Prime Ward 4 Cospsper wssowued by the Asnhs'sa
Co To this request the Pfssii, ut demuued ''aias
tia, the claim set upby Mr. Roosevelt
Involves In eject th, assertion oi ghi In ever,
stakeholder % examine at will into I'll The sccoup"m1
! transactions OF Nh. Bank Tor u Tirht 'Sist- /" 'oH
dealer discounsr u nrr'sssty exists 10 hle"
In yielding 70 such percussion tho b'sd would .o,
ou,ly impair the ,enersl Interests 'ommhtd !" nv
charge, since no Individual would chOosa 10 ns's ~
bsnk account subjected 10 N" pjing ipsp'o'on "es
~ inquisltive, miscellaneous siockhUltef
The President at the Company Is evidently wrong %
lin. n,ition b. hes taken La our opinion he fcqa,ad
Mr. Roosevelt proper one. snd h. neA'~ TIE 10
formation desired unique siderable. Ia tis np5 NE
President eyoiJs the real quesloD at issuo and ihs
,h,to.s of h's own rssing No siocAboldcr h. Rari
conceive could b, foolish enough 10 assert hi'fa
| 10 exsmhe ILe accounts oi all the cooes b., hslsh
t. specific piece IT Information he tie one Ia qas
ton canuo, be disputed
Tho interest On the Bonds issued by the Stated
Michigan scconni Of the i've million Ian which ssw
been ACKNOWLEDGED aud sdjusicc will be- paid sps
sentston Of tbs coupons the Pheuix BsnA In hscp
The Franklin Bank of Cincinnati has decsred
dividend Of 5 pr cen, payable Ut the Bank Of Ameh"
on demand los uIussiODic drosf tOnJ.ny ~"
declared dividend Of ~ per share ,he preeued'0
OF 1873 payable after Tho lib inst The Ocean bsas
Newburyport has declared sstni sDnusi disijsnid3
per cent The Merchsnt. and Mechsoos Banks di'ss
per cent each.
The N,n orleans Commercial Iimc Of the -
has the following sisiomen, relative to Ills ds"n
that city on Prime Ward Co II Now York
We have l~sfD.d With unfcisn.d Satisfaction hs
some two or thres par les IN Now York have setPS
forward iosrvsne In b. half ~ some bills oi rseear
amounting as is variously stated, from 81 uoOUt A
coo runniug on Prime Ward s. 60 ani dfssB y
emine ut snd well keosn hous- la New OBI abs Aee~
$50 900 tell due on tho lith nst aud zctu.y ALI
~, are Informed for the honor u The drssr"
/ A letter in Thomp'on's Baak Note R'po,e, NO
the Cashier Of the Union Bank Sclust', J. 'ishs S'
the bills OF the 80 called Hamilton Bank Of 10" Wv"
are perfect fraud there bsing such bsas 70 oPs'
iion. a.
Receipts for the week ending Sept - Q" 't'
Old Colony Railroad were go,
Pass myers .-.--...-.r. W 40 -.
Freigbf. ............... 40 ~
Ton, ,955s ,,0
Messrs Barclay and Ogden Trustees nppiA@