New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-01-12
COMMERCIAL AND sioNEY MATTERS.


to-tstLhtAAb AM AsO.'<' -s--
r., salss Of sss-t,, g. s.s Fstrti sas'.
grrso,Y P. II.
The nl-i.et for toe Fs1ciss wa heavy TO day.
sid the rlHsietoas efat, 20 Trsa''rJ Notes
tie dcnsld gcr3 ard re m.ifel -rn q, &c. Gov
eminent c., la-'. soil e. re-, md of 1871 81
Tie supply Of Sterling ll- Is rather better o1t
tie rates without chlnrs Fis. cas- bills sci t
Il pr cent Ffsnes 25e5 ~ Tie bis q tie col5-
MIA s.rs aavs tssn sd - Pereer- WithoatF.soofss
l. FseigLts there IS sumo activity. Euesge-
Alve b-sa made Of 5fo0 or oOo0 b5. Flo4r O. ai
and 25 bushels Grain ca FOR Liverpool SINE cher
sus-seuea.. have hem made q heavy frsistis Cotton
Is cal! 81 -. To other poris the nsfket dulL
In Money there is no Observable change. First
class paper Is selling a. a Pc cent The B.ak.sre
Going mach u the paper offered q lie light d..edp fsa-
Money call Is obtsaAbe e. Per fgstesss
eurities
The Northern Exchange Bank suspended re-
demptons Albany yesterday. We were aware Of the
fact yesterday bait inform ed that srrsn cement Rad
been made b enable the Bank 70 20 immediately. We
therefore rsfaiaed from mentioning the fact sf the fail
IL order % prevent any sacrifice Of the the
hands Of the public. Had all our been as
prudent tie afrsass ent would have been carried oct
the public saved from loss. The article IL aid
this morning broke up the arrangement AID today the
bsckeu buying the notes e. ~ cents the dollar
There is not the slightest excitement in the street aud
bot few Of the bhodsrs selling. The notes Of the
Bank secured BY the stock Of the State end the
them cannot be much.
We have the following denial Of the inference
from paragraph 10 relation to the sab-Trsasufy from
headquarters:
The payment d no drafts on the Government hai a. any
time been refused Office OF the Assistant Treasurer
in this City fer aai IF Jundnor Tor any ether reason
except that Of irTeguisrty.
Wedd rot assert that any drafts bad been refused pay
ment We only gave the talk thst th- drafts which
appeared that day exceeded the OF coin vault
We have no doubt arrangements will be msds 70 pay
them
The Union Mutual Insurance Co have made
dividend the rate Of per cent. per annum payable 70
the ockhoiders desnc add learn have reserveds
handsome surplus Of Gaming. for future scrip ana stock
dividend.
The New Hope and Delaware Bridge Co.'S Bank
officers, according to the Lenbsrrils TsksraYil pub
shsd the side Of the liver where the Banking house j.
locs.ed have received the chief part OF the circulation
10 that neshsorhooa in payment Of Bank dues and the
few deposits have been either returned secured The
sane paper says:
The excitement IN regard 70 the failure has pretty
much subsided. Clerks are employed IN examining and
arranging books aod accoant' preparatory 70 making
an ass g0msnt Of the effects u the institution"
The Bank hss valuable real ia the brols, baak
ing house and lands in NewYork Psansylranis and I'LL
nois Holders Of bills, therefore, had perhaps better not
sacrifice them.
At Boston, there has been considerable relief in
money during the pst week and the prospect FOR
tina future generally considered TO be encouraging
than has been for time past Many Of the Banks
have discounted freely and outside lenders have parted
with their fuuds terms favorable TO borrowers
than heretofore
The Boston Courier has the following paragraph.
What does II mean,
- fra
close respecting shrswd snciai operation
in City and Massachusetts sterling bouds which #
true should he thOroughy Investigated and brought TO
sh II false disproved and nailed to the counter as base
The late decline in Western Railroad shares
ha been partly but not entirely effected By the money
pressure Within sixty days psst tho largest private
.ookholds the proprietor Of 500 pledged shares h'ssl
ont entirely prices ranging r IA to per cent pre-
MUM Some u these shares, takea speculation, have
ben resod 81 loss aud the supply has been greater
than the demand. fall in prices natural eonse
gusnce The receipts ofthe line during the past year.
reported to be Is per cent Of this amount per cent
vas divide the shares 2per cent added to the already
large ervei fand and per cent charged on ior new
ears giuss depreciation &c Ten per cent instead Of
could bve been fairly divdei the accounts had been
made mn az heretofore or according the usage Of other
Rsrosd Companies The new stock created for the sec
psysbis 10 nsaimeuis in March. June and September,
and will BE- eutt ed 10 tue next Janusry dividend Inc
payments iut9 the two s1slag tn9ss a. ne eioss o. s
crued interest ard the remainder for annual nselments
be amount Of these funds now equal 70 GO per share
| Of the capital stock.
The imports specie al Boston last week were
ss779 aud the amount exported 81 $50. The value Of
merchandise exported was szSi4ae
The financial condition Of Massachusetts appears
by the annual report the Treasurer to be in the highest
| degree satisfactory:
The FOR ls47 sSl -
The expeudture. for The time 46.l55 IS
! ACKNOWLEDGEMENTS. s2l SIC p
The revenue f,r 1913 is estimated st.... 3f II
Re,oIm school 10000 Oh
Excess, ............................ 49, n
! The property OF the Commonwealth incladins
! Bonds and Mortgages Of .undry Railroad Cor -
poraons for scrip loaned them, amounts 10. 65s) 81
Total debt including s5o49555 6 for I'd 5s7 u
Excess 10 ouo -
Mass School Fund specifically appropriated 69s2l ~
Balance Of Assets Jan l. ls4s ...........s6lOss6 -
The stock owned by the Commonwealth In the Western
Railroad Corporation which. for years charge
upon the revenue Of from $4,000 $4,000 per snnum
amounting In all to than So coo pays from
$4,000 to $4,000 per clear profit The excess Of
income after the present year is estimated At 80 600
which IL supposed may increased shortly By proceeds
Of sale. Of lands 10 Maine when the School Fund reaches
I lie legal limit. viz : 8 600 ooo.
The numbered Insurance Companies incorporated
,h s,eci6s eapitsl in Massschuet Is % Their stu