New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-07-12
COMMERCIAL AND MONEY MATTERS.
Fer sales Of Stocks, r.. sec Fourth Page

TUESDAY. July LIP. NJ
The Board was more animated today, with
an upward tendency IN some Of the Fsneies Reading
Bonds advanced 1, Cantor J, Morris Harlem went
down Treasury Notes improved !
There was more inquiry for sterhng bills when
advanced about from yesterdays rates Francs re-
mained teady at ~ q S -
Freiehts were without particular change We
notice engagements for Liverpool at 2d for Cotton
and 20s tor heavy goods.
The failure OF tie Canal Bank OF Albany was
the chief topic OF conversation in the street The la
bi,ies Of the concern have not tranpred Il was one
of the old Safety Fund institutions and consequently
has no deposs with the Controller 70 secure ne bill
holders.
At Philadelphia there was heavy stock market
and no great demand for money, which was not very
abundant On, door rates varied from % - per cent
iof good paper.
The story OF counterfeit tw0s ou the Mechanics
Bank OF Boston il not verified no such bills having APP
peared al that Bank or n the suffolk
II is sand that some O.. the Manufacturing Corpo
raous 10 Lowell have within a week two made far
Tier reduction IN the wages OF their operatives and
tla, in consequence number who have hom@s had
quit work The cause assigned ior the reduction BE-
TIA, lbs Companies cannot eel their goods Tor proht
in the present state Of affairs and that their warehouses
10 Boston are filed TO overdowing
The Coal trade OF Boston has become so impoT-
tnt that the propretors Of the Merchants Exchange
commenced fortnight ago TO keep upon separate
hook record Of the vessels that arrive loaded with
coal together with the amount From this book We
learn that during that period 100 vessels have 81
rived bringing nearly 5000 tons Of coal The arrivals
are chiefly from Philadelphia
The Baltimore and Hayrede-Grace Turnpike
Coppspy has declared semi annual dividend Of per
cent The South Carolina Insurance Company
lcbsrleston} semi annual dividend OF 50 per share
The Bank Of Camden, 8 C. - per share The
Union Bank : c. 81 IS per share.-..The Bank OF
Charleston : C. per The state Bank OF South
Carolina q per share The Bank Of :. c. II PEI share
The Neir- Orleans Commercial Times of the lst
inst saws that it is in contemplation on the part Of
the Bank Of Louisiana to declare dividend Of 81 for
the last months The Mechanics and Traders Bank
in all probability will give - to its stockholders and
we NAV expect dividend from the City Bank ere
long. The Orleans Insurance Company can and will
verv likely. declare dividend of $50 to 500 per
share Of 81 900.
The late Report of the Commissioners OF Rail
WAYS in Great Britain shows very large increase in
%
The whole extent Of railroads open for in the Unit
ei Kingdom at ne end of the year ls47 was 3'slt
miles Of which 3l57 were in England 4iO in Scotland
and sl9 in ireland. OF this extent 80 miles were
epened for use in ls47. and sos in 1916.
At Newt Orleans Exchange is without altera-
ton. Sterling lO7I alC9i NewYork 90 days, lidli
per cent discount; sight Checks, ia4 per cent pre-
MUM. Both foreign and domestic freighis are lower
and from appearances we anticipate farther down
ward tendency. Cotton to Liverpool, on American
vessels dull at Cd some 1000 bales were taken on
British ship, at 516d 2 n.
At Mobile shipments in British vessels, to fill mp
were making al 5l6d, and in American at Cd for Cot
ton: Coa.twise TO New-York 81 80 per bale. Sight
Checks were in demand at per cent NewYork %
days lia2i dis.
The Canal receipts at Cleveland, on the 9Th,
were Flour 5447 bbls Pork, lOl do Whisky, AZ
do: Wool 4OOi9 lbs Butter, 425l2 DO Lard 4,6ii
do Bacon Go 6s2 10 Iron, ,l67 do Nails, 1914 do
! Coal lq447 do Wheat, - 367 do Corn 1891 do.