New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-03-16
COMMERCIAL AND MoNEy MATTERS
For Sale, er stocks, &c. see Fourth Page.


WEDNESDAY,, Pm.
The downward tendency Of the Stock market
continues aud some Of the fsnces have declined mater
ally. Harlem, the leading fancy, went to 49, Treasury
Notes went down q premium, decline Of per cent
Al the second Board there little better feeling
Treasury Notes however sold at the rate The sales
Of Treasury Notes have been large TO day.
The Bill market is quiet and rather heavy The
demand for remittance is Just now small, and there VIII
be but little activity until the steamer arrives large
parce Of Sterling with bank endorsement Yves taken By
leading banking house al per cent The range vast
Francs are Is, but there is no disposition 10 buy
In Freights there is no movement Of Importance
Some engagements of Cotton made at 5S2d and
Provisions at l5s 020s.
The strigency in the Money market is increasing
and loans on the best securities negotiated with more
difficulty Paper Of first class Is 20l5 per cent and not
being very plenty is firm This tshtnss OF money is the
occasion Of able surprise in the strest IL ugeo
that NOTHING in the political commercial world
any disasters and that the Banks should deal
literally with their customers and extend their facilities
The present. month Is Of very heavy payments and
mercantile need large discounts. After Aprii
the demand for money will be small and the market must
become eesy unless untowsrd event should occur
The fear Of specie drain to Europe IL relieved by the
condition the Exchange market aud the payments 10
Government the Treasury Note loan will be too graz
ua to create any disturbance in the money market The
questions under these circumstances are asked by ALL
Why is money Tight" "Why do the Banks contract
eir loans" "Is not the paper thrown out in the Bank
parors at six per bought with the same Bank funds
10 the street at welve!'
See advertisement in another column headed
"seven PEI cent. interest
The w alter joys b snk of Buffalo has appointed
the Canal Bank of Albany to scts as lis agent
E3- The amount of duties paid at the Custom
house Boston foreign merchandise for the 4h quar-
ter OF .rtar ~
l6ib.'s'''''''' ~ :
Excess Of 4th quarter Of is47........".S57lls 80
The Philadelphia Ledger says; Money is now
comparatively easy commercial circles and business Is
steadily on the increase Our public works will be in &C
tive operation in short time throughout the length aua
breadth Of the State and with continuance oil anything
ike present prices OF Flour Grain and provisions the In
Aux of those commodities into the city mutt DO enormous
IL heavy giving increased life and actvity to all klpds OF
business As heavy the trade on sll the principal
lines of improvement connecting with this city last year
the them thus lar OF 1913 Is greater sno shoo
n continue the season through will not only add greatly
10 the profits Of the works themselves but VIII enhance
also the Of every other species OF property In aho
about the city.
The Boston Money market is not so easy as 1t
was but the that there would be gradual
mt in business, and that the money market
would become easy
sneculstive action in East Boston stock has
carried the price up 4i The prospective value Of TINS
in CONNIE con with the advantages to be derived
from the business Of The Grand Junction Railroad, 10
by some TO higher prices than the stock
is now selling for.
The small note bill so many times passed ard re-
acted by the Virgins Legislature, was on Friday last
I indefinitely postponed by majority OF one
The Lynchburg and Tennessee Railroad bill was
defeated In the Virginia House Delegates FRIDAY last
by the unex pectedy large sorty Of 3d. The vote stood
~ to IS
The Mobile Commercial advertiser OF the 4rh
ius, hiss the following notice
"Tbe British ship GIeenock. Capt Walker, l,Se7 tons
new measurement cleared from this port yeetedsy iot
Liverpool with 9S5 bales cotton weighing zV.-oSo los,
All under deck This believe, IL the lsrees cargo oi
cotton ever cleared from any OF our ports
There are in the State of Tennessee three Banks
sud seventeen Branches with aggregate capital of
IS O56 800 viz: the Bank of Tennessee the Planters
Bank and the Bank Three of the Branches OF the
first named at Athens Clsrksve aud Columbus, are in
/ liquidation
/ The Memphis Herald of ID of March says the
halter feeling prevailing 10 the Eastern cities has not
vet extended itself 10 Tennessee There s great tight
meas In the Mem ohs market and elsewhere throughout
I the Stale.
! During the past year there has been exported
from pe,ro,sil 7C6 bbs Flour l6764 bush Oats 2S 5i
hush Wheat 100 6i6 lbs Wool i4Iss bush. Corn 1850
bh Corn Meal sS5 tons Ashes $50 bbs Beef. 1896 lbs
Ham. 50 si lbs Butter 2els lbs Lard, 500 lbs Starch
The total value Of The exports from Detroit during the
year 1871 are estimated at s3.ls5669 u.s. The import,
dining the same period were valued at SSls6 COS 40
sALEs OF REAL ESTATE.