New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-07-28
conrnaERoIAL AND MONEY MATTERS


THURSDAY, July 2-P. NJ
The market for Stocks continues rs before no
,oed-,nactive and heavy. Treasury Notes were 5id
!. and New Loan A. The absence OF operators ana
,b t,htness of the money market will account Tor the
dullness of the street.
In Bills there is little or nothing doing. sterling
sgaes for good bills,
In Freights there is some movement. Engage
en,s Of 20 to 25 900 bush Corn made At previous
.,e, Cotton al ida sgd and heavy freight l5s a
9os. To the Continent, freights are very dull.
The scarcity Of Money rather increases, but for
,nstely the demand is large Frstcass paper sells
At l2alb per cent
The foreign news is considered in the street as
favorable although not very important. The advance
IN Cotton and the better feeling In Bresdsus en-
eouraging features, exports will be sweed TO
come extent and the balance Of trade maintained BE-
tween the countries The welsustained quotations Tor
Consols indicate that London capitalists do not fear any
serious outbreak In Ireland The letter msii VIII thro"
more light upon the condition of monetary affairs ba
mrs Circular says in regard TO American SHOCKS tnS'
some investments are being made-U ? SKIES sehns
rq6 Ohio Skies at So No New York in the market
There is no movement in Specie, excepting IN
ward There are considerable quantities arriving daily
and none of importance is going out soVeregns are
now going into bank again on deposit not oeiny worm
sny premium Mexican Dollars since the arrival oil the
Crescent City have fallen on TO prem Inc crescent
Ciy had s2O7OO0 in specie.
The notes Of the Atlas Bank, secured by bond
and marriage alone will be paid at a considerable dis
eouut by the Controller The bond and mortgage upon
which $4,000 Of notes issued was sold at auction
Yesterday for s35 600 and even at this price we believe
The sale fel through The event ustihes the censure
l,r afxstp ap larq n
bond and mortgage as security for circulating notes
.nd proves the superiority Of the system OF receiving
only stocks as basis for circulation. AL the Banks
which failed during the last crisis the circulating notes
of which were secured only by stocks have resumed
raymeut wthou, loss TO the public. In regard to the
$4,000 bond and mortgage due effort has been made
No seu il, without success the Controller should now
keep !, until maturity commencing suits against the
ntgseer for each six months instament OF interest
T, would seem impossible that lands in settled portion
nj BROOKLYN valued at $4,000 by sworn appraisers
.hould not realize when cold enough TO pay all the
notes issued on that mortgage.
The Amoskeag Mass Mills and Great Falls
Manufacturing Corporations each divide per cent for
the last Fix months.
new counterfeit has appeared-a - olil pur-
porting TO be on the Essex Co. Bank Keeseyie dated
=,
per, engraving and filing up are miserable
The amount received for Tolls on all the New
York Canals during the third week .sss4 o5
Sane pernd IN ls4I louo5 70
Decrease .si97S5 %
The aggregate amount received for Tolls from the
commencement of navigation TO the 22d July inclusive
81 <Z18y %
Sane period in lool1o ~
Decrease. Si5OS69 q
The amount of Canal Tolls received at ROches
Ter for the Sd week in July in three years is as follows
$50 ~ 81 sesSs s5s7s 60
Decrease from last year. sOi4 81 and increase over
receipts OF SAC. s67l Is.
The money market at Buffalo is without change
The tightness is considerable.
In Boston the market for Money is still tight and
the demand large. The rates of interest upon prime
business paper and choice costeras sti 1T to Il
per cent month for the very best quality with to
months 10 run City of Boston evidences OF debt Of
short date have been negotiated at II per cent month
sthough higher rates have In a few cases been sub
mited to. Some of the railway corporations are ye
IN the market for loans high rates. The Boston TrGr
aRsr says:
calls upon surplus capital have b7eu and std are excessive
30 no ~ ~ ~ III !, re- e,ns65d ,,rs m,
nee Lowell be named having converted 5000"
as already expended By this for The loan recently Oh
ed o bankers understood until the water works
COM leied
There are rumors in tho Ohio papers of trouble
IN the Muskingum Branch Bank at GAINESVILLE. 1t is re
ported that the late President had oyerdrawn his &C
count 900 to s25000 and there had been some rur
the Bank 1t Is also stated that the amount has beer
secured.
The Rochester Democrat has the following in
formation upon the progress of relsyng the Western
line Of railroads.
lew months hence han behold great change "a the condto
M operations line OF railroads through tins state lh
already complete iron Albany 70 ltca and m a
dsrcni the latter place and buho the ga an
track bein, rapidly replaced by substantial m
Auburn and Rochester Company are making strenuous eAeof
conn the middle Of september OF The
olOt.r have Of the operations along IA
he w az, confident they About go are kept
,saty employed expense Of $4,000 month They usual
about week They could easily
III. last OF August ieT lsbor we're not constant
n,sfrped passing and OF the cars The Directors
ordered set Of locomotives Oh Tie age
road, Of which have already arrNe
Company have also commenced laying new rat
The foundation hrm, while the npe
ructn. such prevent all shaking and ru
uAt the himself; almost comfortably seated rs
the North steamboats, The new track upon TINS hn
eal not he completed ti ne1t season
TIE Directors commenced M track on tho Atf an
Bufo line able state what progress they ha'