New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-06-15
COMMERCIAL AND MONEY MATTERS.
FOR Sales Of Stocks, &c. see Fourth Page.

MONDAY, r. ~
Therewas good deal of animation in the fancies
to-day, and the market advanced rapidly Norwich
took jump of 81 per cent Long leland was also very
buoysnt Harlem improved, but not largely. The
sound stocks sympa;hised With the fances Treasury
Notes advanced o. premium Ohio o. which IL higher
than they have touched for leng time Pennsylvania
and Reading Bonds also advanced and generally there
strong disposition 10 speculate eyinced The an
nyersary Of the gres, panic 18th inst having passed
operators feel more confidence in taking line
The Bill market is dull, although there is rather
more inquiry yet rates show improvement. ster.
ling sells from 81 to O.. very good signatures being OBJ
slnable at 6d6i large lot of good Bills was sold at
81 per cent For Francs there Ia but moderate in
quiry. Sales at 1921 as 80
Freiehts continue active, and there is an in
creased demand for London. Vessels for that port sp
pear to be In better demand than for Liverpool The
rates sre 4sa4s Cd and 1ld0l2d for Flour and Grain
and we notice three four British ships taken up at
the lower figures For Liverpool Be 9d64s, and lido
l2d are paid with considerable engagements. For Cork
British ship taken at IS aud I'D, and for Cork and
a market one or two taken up at I'D lltd1l2d.
Engagements of Oats Liverpool made at 2d for
81 rs, and some Barley at Cd for Antwerp vessel
was chartered for Barbados at IS cents per bbl.
The Money market continues TO be very abun
dainty supplied with capital and loans on Treasury
Notes aud Government Stocks call are made at 4d4i
per cent. The Banks taking one name good paper
at per cent and anxious to getit.
There has been a rumor current in the street for
several days that the Directors of the Hudson River
Railroad had decided to abandon the project on &C
count of the difficulty of obtaining the right OF way.
Some avarclous land owners the line OF road are en-
desvorng to make fortunes out Of the Company. The
Directors can however entertain no such ridiculous
intention as 10 ascribed to them. This great work, OF
such untold importance to our City, must be carried
through or over the land holders as they please
The annual meeting OF the stockholders OF the
Ogdensburgh Railroad Company was held at Platts
burph on the 7b inst Over $4,000 shares were repre-
s,n,ed and the following gentlemen were elected D
rec,ors George Parish of Ogdensbureh, President Ab
bo,, lawrence. J. w Edmonds s. S Lewis, and 7 r.
Chandler of Boston Charles Paine of Mortified, VT
s P. Belknsp Of Windsor, Vi Isaac Spauding OF
Charlestown, N. II Lawrence Myers, oil Plsttiourgn
MY; Hiram Horton of Malone, N. Y; John l.. Rus
sell of Canton n Y; Benz. T. Reed OF Boston; Amino
ny Brown of Ogdensburg. The stock OF this Company
has now all been taken and the first assessment oil hve
per cent paid in
Nathan Dauchy, Esq. was on Tuesday elected
President, and Hanford N Lockwood, Esq vice-Presi'
dent of the Bank of Troy.
The Nashua Company have declared semi an
nua dividend of 6per cent and the Jackson Company
(at Nashua a semi nusl dividend Of per cent
The amount of money received at the Custom
House ct New Orleans last year during the month of
May was sI69 957 90 The amount received during the
same month of the present year s246l26 Al This
shows an excess of $76o9 10 over the sum received
during the same period last year
II l,ly cDn N a nj c
against the Secretary of the Treasury for the missr
| rapRement and want of financial abilities no displays
In the Government disbursements at New Orleans The
R,letn call. upon the Secretary to send Treasury
Note, instead of permitting the Government officers to
negotiate bills at headquarters at heavy discount and
n,puaes that the Secretary heststes TO do this be-
cause he fears to nure the of Mes Corcoraa
A. Riggs In this instance the Bulletin does injustice to
the secretary lie has authority TO issue Treasury
Notes for disbursements the South, If be would All
the Treasury Notes authorized be issued by the law
of the last session belong to the takers of the loan and
must be issued to them. The Bulletin says;
! Parties having claims for supplies otherwise. are
,t compelled To take drafts the North. and holders
part with them from to u, and In some instances
/ even at per cent loss 49, ,
| In looking over the American newspapers published
In Mexico we the disbursng officers OF the army
/ advertising their bills New Orleans for ssle, and
when parties with full confidence in the good faith OF
the Government pay their specie funds for these drafts
they find on presenting them 10 the proper officers at
this place that the Government has entirely neglected
TO provide any funds to meet the payment, and they
have no claim for damages nor interest which they
would have sgsinsi an individual
The present state exchanges In this city Is an actual
and indispusbe tax of dollar upon every bale OF
coon-ot diteen cents on every barrel Of -four, and
two upon every bushel OF corn sold IN Newor-
leans during the present state OF things
Our banks already hold between iour and nve millions
of Northern Exchange and there Is sul an Immense
Quantity of produce to forward oi Cotton alone the
pressn stock is about $4,000 bales worth seven mil
lions of dollars) all Of which when shipped. must DC
drawn for These mercantile bills will furnish supply
fully equal 10 what the market can legumsely absorb
aud to have the Government drafts thrown upon H. ia
the smoun, OF four hye millions, cannot result
otherwise than ipjariousy.
The reports THE Montreal and City Banks mani
tests the prosperous condition of these two institutions
They both intend petiuonDg the Legislature for per
mission 10 add TO the capital stock, the former In the
sum of s250O00 and the letter In thst of 100000.