New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-03-30
COMMERCIAL AND MONEY MATTERS.
For sale, Of Stocks, &c. see Fourth Page.

Inc Stock market vas rather heavy 70 day, but
the transactions not generally large OF Treasury
notes. however there large lots thro~n the
ke snd about $4,000 sold a, II down to per cent.
prem After the Board there better feeling There
1. appearance Of panic and bat for The snseney Of
the money market there would probably be arise in stocks
There is no market yet for Bills Sterling may
quoted per cent with sales of hrsclsss
at ss 81 per cent The transactions however are very
limited and the prospects that rates will be sii low
CT Francs are unstable and withou, quotation
There is more activity in freights for England
Large engagements Of Cotton have been made at SD
and u 900 1900 Bushels Of Corn at Id 10 bags Con
siderable heavy freight Provisions &c were engaged at
l5s per ton 70 The Continent there ia very little going
and the French packets about TO be withdrawn.
The accounts by the letters brought by the
favorable than the printed accounts IL
England matters unsndiug, money very sbun-
daut at 81 per cent snd the bullion of the Bank
Increasing The letters from London houses generally
express opinion that order Will be maintained IL Paris
and that trade will its former activity With
exception this is alec the tenor Of Paris com
nercal letters well those from other parts Of the
Continent At Antwerp, Bremen, Hamburg &c money
was very abundant and cheap s admitted that there
will be for while suspension Of business swsitingthe
subdepce of the French umul into established order
Of Government but there was no apprehension OF any
general mercantile crisis Here he.e will not DO much
effect upon those houses Immediately connected
with French commerce The effect in Eogan1 has been
but slight and that country IS much more closely connse
ted with France than we sfe
Letters from Paris state that a considerable
amount Of bills from ths country have been oot,d for
and among them those OF the Cana Bank
Of New Orleans CD Rothschids This house, however,
will have three hundred thousands Of sccepsnces
to the Bank in their hands and the drafts will
probably be paid at maturity.
The house of Collumb 4 Iselin suspended yes
terday They are connected with French commerce. and
bepg under heavy epapces Cotton while unable 10
sell bills on Paris have been obliged TO stop payment
There was an increased demand IN London Tor
Ohio, New York aud Government stocks; and letter
from leading London house, expresses the opinion that
orders were By the Caledonia for NewYork and
Government stocks On the other hand we know that
few stocks have out by The steamer for sale here
It probably frstclass stocks We have doubt that
uge amounts Of capital will be sent to this country for
Investment foreign account 1t will soon be under
stood il 1t be not that Government stocks while
paying large interest safer than those OF any other
country in the world.
The London Times gives a tabular statement OF
the French National Debt and its increase since Louis
Phiippes accession which is 9lOOO0000E For the loan
of OO0f contracted for last November by Roths
chds rs 25OOf their bid and only 20 per cent has
yet paid The fall to As II of course absorbed this
payment and left the Government without security fr
per besides that security was required ano
taken Of Rothsehilds in deposit Of large amount IN
Rentes guarantee the puuctual monthly payments Be-
side this loan of 25OoOOOO, considerable amounts were
borrowed in 1887 by the municipalities Of Paris and other
principal cities during the distress for bread and PROV
sons The whole capital Of the French National Debt J,
ed 20 bs 200 600 900 aud Treasury Notes had rot
been met the revolution OF Feb 25 $4,000 900 have
bsen invested in railway en,erp.es OF which asee poi
ton came from England About Ten millions Desoe win
be re quiIed TO finish them.
The subscriptions to the Rome and Cape Vlp-
cent Railroad reach s6sOO The Directors intend to put
the road under contract practicable.
For the promotion of pending Railroad enter
prses the Province Of New Brunswick 1t Is stated that
bill has been introduced into the House Of Assembly Of
that Province which proposes the issue of SOOOo IN
Provincial ,crp bearing interest at per cent and re-
the formed for the construction OF the 81 Az
drews aud Quebec Raltosd'
At Boston there is no change for the better IN
money matters and the opinions expressed on Change In
regard TO the future almost oismeticsy opposite 10
each other The rates in the street from to per
cent per month Tue troubles in Paris have operated M
avoraby upon the market generally, but the rate for
sterling bills has fallen, contrary to the expectations OF
many.
There has been considerable business done late
y in Reading Railroad shares both al Boston and in New
York At reduced prices TIE following statement in re-
gard to this concern is from reliable source
Whole cost of the road and urniture..sl325 o $50
G,o.. ssrnirs.i in 1909 s45
inIssysst .................. $50 S2S-I ,50s l5c
Profit equal to ~ per cent the shares... Sisioo
But this balscs having been appropriated 10 eon'true
ton account for engines iron real estate, Sc the
dividend was made in shares. Nearly three millions OF
the debt falls due in $780, and the company propose qu
dating this portion creating preferred shares for the
amount az par $50 esch bearing eight per cent interest
The remainder the debt Is secured by MORTGAGES on the
property drswo Eve and six pr cent interest II The
hole cost had been represented by N46OO shares at $50
ach there last year net income Of over million
,f dollars equal TO eight per cent after deductns the
charges from the earnings The facilities offered by
5is CORPORATION operate as public blessing, in the
iucsd prices of anthracite cOs already sufficient since
has been in operation, TO pay for The whole cost OF The
immense work Thesupply OF the mineral At one end OF
and the buyers Of il al the other end
re, sud always will be- unlimited
IT. e,u,r,,;,, saroi. animal dividends will be paid |