New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-02-24
COMMERCIAL AND MONEY MATTERS
Fo1 saI,s Of Stocks, 90. ~ Fourth PaE,


For Sa'es Of stocks, 90. sse Fourth Page.
WEDNESDAY, P NJ.
The Stock market was very buoy ant today and
with considerable sass-the market improved materially
easury Notes sold at lO3 and 1854 was bid on tine
This aivsnce Of per cent since the Pesee news
was received Government Stocks sold al lO3 l04 which
shows shout the advance. An doubt Of the approao
Of peace seems be dspeed among the spectators enc
the great buoy ancy Of the market draws in many outside
operators Should the hopes Of the nation not be disap
pointed there will b. farther considerable Use IN Govern
and the Fsncies will feel the influence Of the
movement We look for setye Stock market for some
time to come Wallst has put something Of the old
activity used to before the and the specie
drain settled like an incubus upon It.
The Bill market is without marked change, with
rather better inquiry Sterling q oi the best bills
being obtanabe at the higher figures Francs are firm 1t
Is for hTst.cisss bills
In Freights there is rather more activity, but
rates are extremely low about oneseventh Of what they
were at this time last year BIesdstufs We hear to
day Of Cotton engaged 3l6d, and 10 $1,000 bushels
Corn I'D for Liverpool Two three vessels were Ia
ken Ireland asld for Com To the Continent there
is very little Offering.
The Money market is easier, the natural effect
Of the return Of confidence The Banks discountus
more literally aud loans easily negotiated in the
Street First class paper fsyore signatures has, in some
instances been done at per cent per annum aud loans
Of best call at cal per cent. There IS more
money the Street seeking mployment and the quantity
Of frst-class paper Offering Is less
The whole amount Of Treasury Notes which the
Secretary is authorized to has It is stated been
bid for At par and Offer has been declined The
ing Of peace very oPporuns for the Administrator
when loan is about b. advertised for. The prospects
of the Secretary are much brighter than they were The
loan would now probably be taken at par unless the treaty
be rejected by our Senate or Mexican Congress which
is not likely.
The rise in Treasury Notes of course causes all
payments at the Custom-House TO be made In specie
which to certain extent eXhsusts the banks, but the
payments at the CustomHouse are much less than they
were and considerable specie is coming in so that the
caused by this absurd specie clause is not
important.
The fifth annual statement Of the Mutual Life
rnsu,snce Company states that it has received from
commencement to the let inst for premiums ard the ec-
cpmulaons thereon SGl223 go, while the payments for
! losses and expenses during the same period were
S2i8 285 4}--thus leaving net accumulated fund 81
SOS 500 ST. The whole number Of policies issued BY the
Company IS 1856, Of which $500 are stil in existence
The report of the affairs Of the Harlem Railroad
Company which was sent to the Legislature in an ncom
,,ts sate has now been completed and give annexed
The full statement The entire length Of Road In opera
~ il about So miles about miles is double track and
the whole Road run by is laid with heavy rail
from Thirty second st. New York TO Croton Falls 10
addition TO which the Company is constructing q miles
Of road from Croton Falls through Putnam and Duiehess
Counties TO Dover Plains part Of which is graded and the
whole Of which the Company intend to compile and put
| into operation during the present year
| Cost Of construction Of road from the City Hall
to the south side Of Harlem River bridge o.. no
rl ml,s, .op ri, sids Of Harlem River Bridge to
williams Bridge, miles, per mile 49,: o''4'o 10
f59m W per miis o.oso .'V 277 90
For PS sad S not 'U used tor the line 1854
fs eqmSu. Of r the s.S 5 3 miles, pei per mile o
Io sas s74ss2 Il
Receipts from through passengers ........ ass Oh
Receipts from way passengeft '''.'.'''''. 49, ~
Receipts from reishs. ACKNOWLEDGEMENTS ~ ~
Number Of passengers through 10 Croton ais since June
when It open for trayel) months F@S7' the whole
/ No dividend. Number Of engines H. train =
CITY Ice csrsz ght cars 81 baggage machine shop
! l. horses los, men employed daily about @v'
From the above statement appears the enhe receipts
Of the Road in 1877 were 1871 es
Eyper l2o-oo -
Net 1882 -
The above expenses do not probably include interest
the debts OF the Company.
The following is the report furnished by the Had
sen and serkshre Road
| Length Of road in operation, 81 miles ,.,.- -.
Original cost Of constructing the road ineIrdlng outni'
neoms from PCS through 90
! l9,lSo way ....-...... ...2.2-o %
Total incom- from .>oIs. ~
Income from freight ana other sources --t,t ~
Fxg-use OF pains and the road about >3Oo
number Of miles by all the Ta'ns - 300 .eomotiss
used by the Company. passenger cars, nulsht 40
| i5, machine shop L hofses,o men employee %
The report says that preParaous are making 70 relay
the road aud that duDs The last the prospect OF
sale by the ani the condition Of the road almost de-
s,royed the business
The Hartford lCt) Mil and Manufacturing Com
paoy have declaed dividend out Of their earnings q
60 per cent 10 stock and cent cash payable March
The D rectors are calling in the stock OF the Chi
easo and Galena Railroads. on the 18th day Of feeraa
/ ~ aud - on the 9Th day Of April
The Hudson River Railroad have advertised for
contracts Tor grading masonry Pins and bridging the p
m les Of the road between BreakNeck Hill and PoseePsie
The bill Low before the Legislature for the char
ter Of the Troy and Boston Railroad It Is supposed VIII
be passed IL provide, for bui ding rosd from Ufeenheo
Mass.chusstts 10 Troy. Al Greenfield the Fitehoofs
Road woad ihen connect Troy with Boston making an
oopo.on route q the Western Rai.Ioai via sprnsheo
Tha route from Troy Greenfield is said 10 be very ssoI-
able excepting that tunnel Of four miles IN ength must
be constructed Of seven or eight hundred thousand
dollar. The distance 10 Greenfield will 10 y miles,
which will m,ks the distance TO Boston some 80 uio'
bsr than the Western Raiifoad Via SPrnsaeid and the
,,,,num srs8e will not excees 81 feet to The mile. The
i,pa, ersde On Tbs Western Rsiirosd upward Of go
feet 10 the mile We believe.
The Nashville L mon makes the following state
,,e,,ioresard 10 tho State Bank Of Tennessee
The hsnk has been 10 operation nire enc hau ltNs
on thg let day Of Jauusry, 1875 me Pions =. ~ 80
~ NJ n.rcd had been per cent yearly on tie Whole
c.,,,sf sner raying expenses, and Leaving suIpu Of
profit, nearly sufficient to Psy INC ssi.uh. o. n Sbr