New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-04-08
COMMERCIAL AND MONEY MATTERS
sales Mt the stock Exchange


The Stock market was heavy and the tendency
Of prices after the received downward. At
the Second Board the quotations lower but the
elosng sales higher than the opening Sound stocks
sold lover well az fanciss.
In Bills there was g movement ia the early part
OF the day and considerable purchases Of irselss bills
made st 9 per Names not 20 well kuown 'oi
a. ~ per cent. Francs entirely unstable The
effect Of he it supposed will be TO advance rates
In Freights there appered to be total cessation
Of operations to-day.
We have seldom seen Wall. ST. present such an
excited sppemarcs it did day uss before snd after
the sdvces by the Steamer received Groups were
gathered at every door eagerly asking the news and re
peat the rumos which current Soon after the
steamer Telegraph reached town. private letters
exhibited the and read aloud to the excited
crowds, and the prominent features Of tbs news were
soon known sll over the commercial portion Of tho City
The suspension Of the Bark Of France and the other
banks Paris created great feeling and long faces among
thu houses connected Nth French commerce Ills
table that large amount OF bills must come back as very
few remted by the late Steamer have been accepted and
few have Pad whish accepted The French in port
ers who have RENTED their bills be much embar-
raised by the bankruptcy Of those upon whom the
bill, were drawn The news from France is indeed dsss
trou and it's influence upon this country cannot yet be
predicted. There will AZ any rate be Cessation for
time Of all trade between the two eousre and we fear
nspenson Of many French house, in this country tenn
porsry. We trust. and Until affairs become settled In
France but still much he regretted The private letters
fom Havre are Of the gloomy character. One says
owe have nothing left but hope" The lsgalzsd 'u,pen
sion Of the Bank does TO have the desired effect
ofprevenpg fslares although it probably checked them
letter dated Havre. 2Oth March, says;
Many houses have stopped since the last two days
and m.ny more will probah,g follow shortly Mesfs Vel
x Durana, y Cou'ant j CO Z DsPisrre Hart Henry NC
are among the first All Of Them are eousdersi ~itb
tie exception Of Mr Henry, 70 have asset. much above
their debts; IL particularly the case with mess wei
DursnA The greater part 81 me bis whieh came o1 we
ast sess were refused acceptance because the drawers
could not expect TO be able 70 pay At maturity
Another letter states that the Of Hsvre 10 d.
stroyed ard that the packet lines from America must io
atms be emplOyed in some other trade. Many OF the
ags. 10 Paris the manufacturers Of the interior have
suspended payments which must close the manufactures
and throw saEs number Of operatives ont Of employ and
these will he added to the unemployed thousands OF Paris
who must be fed at the public expense With sn exhaust
ed Treasury al entire stagnson Of trade and industry
imposition Of taxes, aud army Of artisans aud Ia
borsr, out Of employ to coness and feed The Provision
al Government have truly Hsrcuesn task to perform
This certainly the darkest hour which France has seen
We trust the next arrival will bring accounts Of some
rsnewal Of confidence and OF eommsnee.Ht % r-v"al
! In trade and commerce
In Epslaud there appears to be no important change
Corso. aucuate bat not largely Some failures have Ia
Ia, plscs hut none Of importance. Money continued
and the return Of the Bank Of England annexed shows
the ,,ock OF bullion still increasing 1t 10 now within
fraction Of fifteen millions sterling, over seventy millions
Of dollars.
A, Account pursu.nt TO the Act 7b and 9Th Wet 49,
Tor the week ending SATURDAY tbs llth day Of March,
1919. ISSUE DEPARTMENT -. 90. 80.
Note. issued z55,ei5 G9verHmen Det
/ lOtheT securities. k,9di,tlO