New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-07-03
COMMERCIAL AND MONEY MATTERS


fOf Ndits ~ Nlntts, 90 sec fvWN+ fd~s
SATURDAY. July i-PN
The absence Of operators from the stree, rad he
approach OF the National Holiday cauSed avery dgl
Stock market The fancies generally We're heavy eui
Treasury Notes improved by reason Of the tenor Of u
vices from the other side to q, advance Of pefd
and were in demand Government stocks wen kso
held higher The Board adjourned over to Wsdnesd'y
There was fair inquiry for Sterling, and sales
were made at % a 10 per cent TO some extent Iae
supply of Bills Is fair Francs are nominaly &ia3@
I'm Freghts there is a moderate business dor.,
at previous rates. Small engagements Of Com to Nv.
erpool at Cd and to Glasgow a, "a per bush. Coiioas
nom.nally 532d.
The Money market was less stringent iodw
the disbursements having been large by stts and
moneyed institutions for interest dividends, Sc
The feeling on the other side in regard tooar &c
cuties is improving Bar,Hgs Circular says that more
attention s being drawn to American stocks and t1si
Government SKIES bad gradually advanced 10 pa M
dend on This shows Improvement Of p Teenf
since the lat steamer Other stocks also had IN M
proving appearance with more demand When ns~s
Of the conclusion of Peace reaches England W. nag
look tor sill greater attention to be paid 70 the sscu
ties Of the United states Other letters received y
bankers here confirm the statements in Bsrss' c.
cuiay.
The Phenix Bank has declared a seni-annia
dividend Of three per cent payable July 10.
There were no sales Of Stocks in Philadelphia On
Friday, the Board Of Brokers having adjourned on &C
count Of the death of William Peasant ESQ who ted
very suddenly OF disease OF the heart
The State Treasurer OF Michigan gives notice
dsfl
five million loan bonds will be paid presentation OF
the coupons at the phenix Bank in this city.
The foreign news was not looked upon As very
important in a financial view The continued heanness
Of Breadstuis and Cotton Is unsyorabe but low Pnees
must produce increased consumption, and thus ct Ia
vorsbly Money continued very abundant on gods
curty and the Bank had reduced the rate Of lnpTe'so
81 per cent Consols were not much Influenced BY The
French They closed Of 81 for the account Oae
Of the London journals speaking Of the money market
says
The apparent slut of money te metropolis purely 80 "a N
tsi pr o every Par Of - coan'y eon ia'' &c d,l - =,
oi fa= county BE- CARED Efen fe neps ~
eaee % shat are deemed uoa6ed sBd eisy ssas5s 100
fes that money bears low rate 0i interest thsf pa
wanted We .ress eihl bounds Wien affirm ia. l1e A.
fewer commercial h. neir.uanby urearfs Of fol0o@ 80
% tenth ~ that amount ou he London uir.e so46 -
e Of scarcity and the rate ~ Interest," 10 in tsg
per There ss whatever therefore o ths f-ieN
the ulol ecl commercial accommodation afontfi -
Ban. of Ene and a. pr-seut leading b. undue
bot the co1a le dretor. would confer great 1-ai - =
pahr l reducing their terms per than sy tsi.
tone order restore c0unrvne Tie eef~
th has bad le effect other pabl 'esf
The reduction o. The interest ~ The bank yesterday ho~e,f - =
unIed The mlu-e sad cosos have been dJ1s so 10 ~
count. and sfr nos quoted rs.
The condition OF the Bank Of France confines
to improve gradually. The following statement shows
It's situation the 9Th June compared with 10 Goa
dltlnn ON The 3lsf Nav.