New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-10-14
COMMERCIAL AND MONEY MATTERS
70, .ol,. Of Soes.. &c. ere Fourth Pes,.

For fdiff 81 NtfHss O. sfc rum e5'-
FaiDAy. October l3-PM
The stock Market lost some OF 10, buoyancy to-
dsy and the iances fell of Sound stocks, however,
maintained their prices bU, in moderate demand
Al the Second Board prices had downward tendency,
excepting for Reading which is in proving
In Bills there is little or nothing doing The
market is steady at r a9l
ln Freights there continues to be good deal Of
activity and the rates are firm. To ireland the quota
tons I'D I'D TO Liverpool Is Cd aud s5ld, with
large engagements including entire cargo OF l6OO
bushels Cotton heavy and could probably be shipped
st 532d
Another Tea sale came Oh 10 day. and drew a
arg company The eoquence Of the auctioneer drew
bis from the most backward, and the sale generally
shows advance the previous sale.
There has been a very fair business done during
the week by the grocers and obbers but business is
now drawing to a close, and the approach Of the cosc
OF nsyig aton ia the interim will prevent the purchase
Of many more goods excepting Tor the neghborDg
States From irst hands there have been only mod.
crate sales OF domestic goods but good demand has
existed for the year for foreign dry goods
Prices hold their pretty well Domestic goods,
brown and blesched, now paying small proht on
the cost Of manufacture but Woolens excepting very
low grades, losing money There have been no
new failures this week among the dry goods people.
The stock Of imported goods will be smaller at the close
of the season then the close Of any preceding
for some time.
Toe Oswego and Syracuse Railroad IS com.
6sished within miles Of Oswego, and it will be
completed within the month. A regular passenger.
tram will be the completed portion on and
after week The delay IN completing this road has
caused by the failure OF the contractors to furnish
tn iron. The time between syracuse and Oswego
when the rosd is finished will be from and half to
two hours
The Money market continues TO be very strn-
gent Boston and good paper done the street at
l21ls per cent The Banks discountDg sparingly,
and the demand Tor money continues large
An institution allied the Somerset County Bank
has just gone into operation at someryille n. Mr..
Joshua Doughty president and William G. Steele,
Cashier
The BuGalo Commercial says that a question
came upon Change there few days since, of some
importance to produce dealers. II was whether an
order for properi! given to the buyer cash pur.
chase before payment ia made, gives to the buyer the
possession OF the property. The question ably
argued on both sids-some contending that the pre-
,entaton Of the order is link TO carry out the
trap.fer of property and not binding until the terms of
purchase are completed while others were of opinion
that the order gave possession and right TO sell to
third party the first party having lien on the pro
perty whether paid or not after the order passed
into the hands OF the purchaser 1t is nice point In
law as we before observed and one of immense inter
60, TO all engaged in tuyng selling produce 1t has
been suggested that the Board of Trade would act
wisely In submitting the subject three four of the
best ga advisers in the city for the purpose OF having
the matter definitely understood
The report OF the condition of the Central Rail
road and Banking Company, shows the concern to be
In pretty strong position. The loans and discounts
are SSsO7s Deposits s20.59O; Circulation, SCI O7s
Specie s25, 7i5, Notes OF other Banks, 1886 Due
Banks, sl30l7 From Banks, $3.50
Endeavors are being made TO relieve the
echuylkil Navigation Company from its pressing EN-
bsrrasments No permanent relief can take place
al the rnous competition between this work and the
Reading Railroad Company is done away with, and a
remuneratiye toll on Coal fixed and adhered to.
The annual meeting OF the Kennebec and Port
land Railroad was held at Gardiner, Thursday, 9th
inst when the Directors submitted their Report
Tn. whole ysue Of done materials obtained and property
garehs-e exclusive Of the ral-, shout s5toen he whole
amount pat about stoOeNi 20 which "a
aided $4,000 pad labor and materials BY contractor,
The amount about $50 eo The Directors have
cent propose Obtain $1,000 There lien, mortgage
description upon property OF The Company
about spoon depot grounds valued about Ab0u3N
received The from England
Bsh to North Yarmouth By the lot OF January next and 10 bowd
hsn eary next sQfmg