New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-10-18
COMMERCIAL AND MONEY MATTERS


rvgSDAY October IF. VI.
The Britannia was announced early this morn
! ing and before il was known what news was brought
By Mr. Corcorsn Government stocks were rather hr'n.
er some sales were made after the Board at per Ct
higher than AZ the Board There the usus huctus
ton. in the fsnces but old Erie tell of e Ct 1.-THE Sc
cond Board $4,000 Treasury Notes sold at b. buyers
option and Government SKIES, new loan. was offered
stii
This has been steamer day, but the amount OF
bushes. done has been limited and the rates are heavy
some remttsnces delayed by the desire 10 read
the letters per Britannia before purchasing The sup
PLY of Sterling il good and this with the mpendency
Of Mr. Corcorsns bills has depressed the market The
leading drawers ask but per and good bills sold a,
sdss Bank bills were offered at y asi. Continental
bills were not plenty and steady Amsterdam ioi,
Bremen si079. Hamburg 35i 35i Paris S2i 0S 20
There is no change in Freights and not much
activity ship was taken up for Liverpool at 2s Cd
for Flour There were also engagements Tor Cotton at
sgd 5000 or 10000 bbls Flour at % Cd, and 10000
bushels Grain at Sid Heavy freight s 29s I'd ans ID
for British and American vessels
The most exciting apparition in Wall st. to-day
was certainly Mr.. Corcorsn who came home by
the Britannia Il was amusing 10 the small
brokers watch the movements of this financial
whale. and eudesvor catch u possible, some
word from his lips Mr.. c. made his advent about
1 o'clock, and nearly lost every button from his
coat in his endesyor to navigate down Wallst The
point OF inquiry how much gold had been brough,
oven Mr. Corcoran states that he could have brought
over the November nstallment, say half million in
gold but that all the parties to the arrangement but
thought such course insdyissbe. The sale made
by Mr. c. is three millions of dollars taken by 10 or l2
leading firms including nearly all tho prominent houses
HI
another million which they probably will do After the
arrangement was concluded other parties made appi
cation to Mr. Corcoran extentequa to the amount
disposed Of but declined selling The rate at which the
negotiation was made ha, trsnspired. but Mr. c.
states that it per better than he could have sold
at here The London TINES Of sept 90 in relation to
this loan says
~heh the disturbance Europe have caused
the federal stock Of the United State seems to have been
urn nm m The rth up sailing the . packet from
aot -.. ,n sso,o00 ,ddtou understood $500
80 have ust been Opposed Of By ons Of Tie pas,s m =. "A
federal DEBT .6soooooo and therefore sppear. that nearly
months Of sha may have been held previously The
ID the oan remaining to be issued 100000
The advice, By the Britannia are not very inn
portsnt either in a commercial or political point of
view. Our great staple Cotton, under the promise OF
large crop and depressed trade, had again given way
improving the money market easy and farther rise
in brcadstufs, all of which favorable to Cotton
Consos had ductuated but little and closed at s5 Gs6
For breadstuis and provisions there had been good
inquiry prices showing little variation since the
last The account of the potatoes less IA
vorsbe than before and is well ssoerained that the
wheat crop IS below average. Il Is almost certain
that without starvation prices we shall have steady
and large demand for bresdstufs from England during
the present season.
Since the last steamer there has arrived in Lon
don Ii boxes bullion from Oporto, boxes from the
United states box from Muritius, 10 packages from
Eas, Indies, and s3il, Ala from the West ndies The
exports 1900 ounces silver and 523 ounces gold
About five miles OF the Harlem Extension Road
mas been completed, and the work is going at the
OF quarter of mile per day is expected that
the whole will be completed to Dover Plains by the lst
OF January.
Holders Of certificates for the loan of 81 900, 900
70 complete the Illinois and Michigan Canal notified
that payment Of all the interest due the Goth day Of
september last and farther payment Of six per cent on
OF the principal of the loan will be made the
10Th day Of October at the American Exchange Bank
The City Bank has declared dividend OF four
per cent payable on the lot OF November.
That portion OF the New Haven and New.York
Railroad, between New Haven and Bridgeport is com
ple,ed and will be worked Immediately. The opening
Of the road is To be duly celebrated.
meeting Of the stockholders Of the New
Haven and Northampton Company Is 10 be held At
New Haven On the 2-th inst % decide proposal
for extending their Railroad from Knoxville 10 a
nectiOn with the Western Railroad Springfield,
and for a continuation Of their valley road through New
Haven and Winstesd line meet the Pittshed and
New Haven road also 10 decide proposal 10 run
line OF steamboats, 10 New.YOTk under the authority
granted by the sst General Assembly and 20 increase
the capital vi the Company for that purpose
The amount OF lumber surveyed at Bangor
from September 10 30th inclusive 67f56
Amount surveyed the corresponding month
last season - 2t0l -I
Aggregate for the season OF l-ss 10 Oct l5J $50 10
Aggregate for the Of -f7 ~ Oct 49, 81. lOJ
increase 3r1- 100
The business Of the Illinois and Michigan Canal
may be Inferred from the Of tolls received 10
the month Of September Al Chicago they amounted
to :l0775 y and At La sale for the period TO
$1,000 The tolls received az La sale are .mo.,
wholly produce which Is brought there BY the open
Ing Of the canal and which would have found narke,
az Il Louis L that better facilities were offer
ed in Chicago for disp0sng Of L.