New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-06-28
COMMERCIAL AND MONEY MATTERS
For Sale. Of Stocks, &c see Fourth Page.


The market for Stocks was generally buoyant
today. The fancies little better Treasury
Notes sold At A. and Government o. 1867 at a. sale
Of the new loan was made at 4, seller IL months and
that figure was bid tor any part of half million.
The Exchange market for the steamer closed
dun Mt e3alO per cent. There was a considerable
amount Of bills over Some sales Of short sight Francs
we're made AT Is The demand for Francs is better
than it was as Sterling is not now good remittance to
France
Freights arc more active There have been lar
Their engagements OF $1,000 bush Corn to Liverpool al
5a5d in bags and Cd in bulk About $500 barrels Iur
pentne were taken at Is Cd 2s and heavy freight
q, 22s Cd per ton. Cotton is 5 sd.
From one-quarter to one third OF the State Loan
bad for Yesterday was taken for foreign account most
" ON French and Swiss orders. NewYork stocks bear
GOOD reputation on the Continent and the stipulation
Ia the new Constitution in regard to new loans has
strengthened the confidence in them. The price at
which this loan taken is high compliment to our
STATE and proves that its financial reputation ia firmly
established II went OF at about the premium as
the Government Loan although 1t has but years
while the other has twenty years to The rate at
which Il was taken is per per annum better for
the State than the rate of the Government Loan. 1t
Yields TO the takers about 81 per cent per while
the Government Loan yields 81 per cent Moreover
the State stock Is subject 10 taxation, which in this
City il per cent; while the Government stock
l. exempt from taxation entirely. Our state credit II
l. thus seen stands materially higher than our National
credit
IRomDson's Bank Note Reporter says
dbandne Army has it, influence Land Warrant
1920 -, ~ w.. sb me- vsrrans are asssned
sbant 50 they psssahle nom hand to hand"
The interest on sl4OOO,OOO OF the Government
debt will be paid of on the st of July a. the Bank Of
America in this City.
The Bank of America has declared a dividend
OF 81 per cent payable on the 9th of July. The Nor
us and Essex Railroad Company dividend OF - per
cent payable let July. The Seventh Ward Bank a
semi annual dividend OF per cent payable 81 July
The North River Bank per cent payable 9th July
The Tradesnens Bank per cent. payable Sd July
At Philadelphia, money is easier since the taking
" the Government loan than before though not quite
90 easy as at the beginning OF last week The banks
lsve changed the restrictive policy that they have
been pursuing for some months past
1t is stated that the agreement made by Col.
McCahen in Mississippi for the ropossesson of the
vicksburg Railroad and other property belonging 10
that institution has been fully carried out the Court OF
Common Pleas having authorized the advance of s75'
600 by the Trustees of the United States Bank, SIS 900
having previously been palu oy certain STOCKHOLDERS
and the Girard Bank The Grard Bank will be benefit
ed by an increased value OF their claim and interest
equal It Is thought to at least 100000 The United
States Bank secures the whole of their special
debt S2s00O0 snd interest worth IN all about $500.
coo siatemen; OF the affairs OF the presents
the following sTiof exhibit
ASSETS.
Railroad, valued ACKNOWLEDGEMENTS. clbtpbn
hedl estate @NNsVtW
Bills receivable ........................ l,-uoVtO
LIABILITIES
L. ;. Bank special debt.................. @oVOto
Oirard Bank, preferred. 100000
Sunanes, about SfVV -
Balance Of capital. .e22CtO
Which. on 1000 shares, Is equal To SIS per share.
Ii also stated that the income of the Railroad is
$4,000 per annum.
A new Bank has been established at Newton
Corner. Massachusetts, The capital stock, $4,000,
has been subscribed.
The re.laying OF the Syracuse and Auburn Rail
rosdwith heavy rail VIII in few dsys be completed.
The subscription OF the Central Company to the
South Western Railroad has been confirmed by the