New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-03-23
COMMERCIAL AND MONEY MATTKRs.


"WEDNESDAY March q, ? Nj.
The Stock market ia In very unsettled condi
tcu aud the feeling Of the 10 O'Clock sH0rdS
ep'eron u what twill be a. ~ Harlem AuetOss' up
aud do~n two three times day the bears OF bulls
set the advantage Before the Board day Harlem
Is Stat the Board II fell Of TO 5lt 1t rallied after the
Board, a, the Second Board again nearly to 20
nod IN the street sz,n recovered 81 In view Of the
extreme tishness Of the Money market Ills surprising
that the Stock market sustsios Itself we'll We know
Of instances where cent per day has b,en psd for
money Fancy Stocks and even Of State Stocks per
cent brokerage and per nteres; for three
DAYS When Fauees difficult to errry the market 10
ususlly soon overloaded and decline isrsqured The
bulls are now very strong they could keep the
BIT 80 firm.
The supply of Sterling Bills is considerable and
Ne tendency Of the market Is downward savorte sig
natures selling q 9i per cent and good bills at 90
o. Fair Produce Bills sold al "a per cent. Francs are
Saoa 27l and dull There is - much unt 'rainy about
the condition Of affairs 10 Paris that It isvery dihcu 10
sell Flench bills
Ia Freghts there is some activity Cotton ana
Provisions are going forward to some extent and some
p.rcss Of Corn are Offering for Liverpool Cotton 10 v
erpoo has been shipped at ldsi32d Lard, &c at lbs
2,s To Hamburg bales Cotton shipped at d. and
10 HAVE 500 bales al &c per h.
There is no marked change in the Money market
Paper goeI slowly ct s per cent It being difficult TO sell
even the best below that figure.
! The Sub-Treasury now contains about million
/ in coin The receipts small at the Cusiom'Hou'e
Only forty or fifty thousand per day. and the drafts on the
4 Treasury are large.
We understand that within day or two siter
the news Of the French Revolution reached E'glAne
single banking house in London sold American STOCKS 70
the amount Of million Of dollars to capitalist Tor invest
ment This statement, If true, is significant Of that
] N Arue
We have predicted would take place We also learn mat
quarter Of million Of dollars has been invested here
since the arrival Of the Steamer By French house Tor
account Of q French capitalist
new banking institution called the Walter
JOY Bank has been established st Buhso. Mr. Walter
JOY is the President and Mr. John A. Lstiner the Cashier
The Canal tolls at Buffalo are to be deposited as
/ follows: Merchants Bank two twehs; o. Lee 4 Go :
Bank two.twe,iths Pratt Bank twotwelttnsi Altee
Bank twotweths; Pstehn Bank, two-t~elfth'i Whites
Bnu. ons-twelfth Exchange Bank, twelfth Walter
I JOY 3aek Rock tolls
{ At Philadelphia money continues comparatively
es.y much Of the apprehension of export Of coin hsv-
ing passed away The street rate for good paper varies
/ from to II per cent per month.
A resolution has been passed at the Boston
Board of Brokers effect that members shs not buy
or sell stocks auction and that the seat at the Board Of
any member who shall as suctoneer, hereafter pn0hcly
sell stocks be vacated Two OF the AssOca'ioh ao au"
tioueers third has applied for license and fourth
having lately expressed similar intention with view
Of selling stocks at auction daily the Board have thought
It little too much of good thing, and have therefore set
their faces against the system
The Boston money market remains without al
,eation There very little first class paper Tor sale IN
the street and the OF discount vaty very much
Abont "A per cent is the fair quotation for good names
There has been an average amount of business In stocks
with very little variation in the solid descriptions The
fauce as usual have experienced various huctusron'
In answer 10 call of the New York Senate the
Controller states that the present debt of the Safety Fund
Z. the State for State stock issued in its behalf or 70 be
issued Tor bank losses already incurred, Is S9o9S52 a.
p.ysbe at dferer dates fsr forward as 1866 when The
act Safety Fond charter will expire. 10 the meantime
SAL 90 al interest will said stock, over sno
above what may be realized for interest on deposs 10 the
,adt Of the Bank Fund making the total amount 70 %
mid BIZ the Fund sI44l,S02 So. The whole estimated
of payment including 81 S7 Gil 9 to be received
nv ay of contributions from the Safety Fond Banks po
20 1860 inclusive is se6728 g. Making the estimated
deficiency for the whole period s4457S 90 The ssgre
s. contributions Of the Safety Fund Banks until the ex
,s,,n Of all the charters will be each year as follows