New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-09-22
oonrnaERcIAL AND MONEY MATTERS.
Fer sale, Of Stocks, d. zee Fourth Pss'.


TiunspAg, sept 2l-P.M.
TIE complaint Of dulluess in the stock market
.,g heard among the fishers Tor commissions in the
80. and the bears continue 70 have the best Of IL
son,8 stocks are lower Treasury Notes selling at
..sG,gernneut skies 81 per cent The investment
4,,,,pd for Government stocks is moderate.
Ia Bills there is not much doing and the market
a, xasout change. Sterling IS 9c9i uomnslly for best
,.me, Francs, : "a Q525. The supply s fair
InFr,,rhts there IS a moderate activity for Liv-
.n,ol Engagements Of 2j0OO bushels Corn were
,..ss s;7a7id bags, and "a ia bulk; 1000 or 5000
al. Flour Al p Sd Cotton 3lGd heavy goods %
Tn Hamburg some Cotton is going at lc per lib.
TIE true state OF the case in regard 20 tine new
Reading Mortgage alluded to yesterday, s this. Some
sasen or eighteen months ago this Company being ia
dhcultes aud embarrassed by is floating debt mum
her Of capitalists in Philadelphia and Boston agreed 20
make advances 70 a sufficient amount 10 relieve the
road receiving therefor six per cent bonds Of the Com
psny al 20 per cent secured by mortgage the pro
per,y Of the Company When this arrangement, be
came known party in NewYork applied for an in
f,pcton Il being sscertansd tina, the issue Of these
bond at 70 per would be Illegal, they were issued
a. par The matter here rested, until the meeting OF
he Company in regard to the conversion of the bonds
u
made that the parties making the advances had suffered
materially by taking the bonds at par, bonus Of 30
per cent on the amount was voted them, in the pre-
FIRED stock Of the Company The new bonds are due
in Is50 and as we understand &C. the Company has no
debt maturing previously that time excepting sl00
cD Of the bonds Of 1880 the holders of which did
come into the Arrangement for conversion into pre-
fefred stock This small amount be- easily men.
aged when Il falls due.
Toe earnings Of the l.. J. Railroad la Septcm
Der show small increase over the same period of last
yeg The Norwich and Worcester Road is also show
ing more favorable results consider bc number Of
passengers daily take this route 10 New York from
Nashua and the al lccut country instead Of coming via
Boston. Through tickets sold ut Nashua for New
York and the twelve miles Of staging to be done does
not prevent passengers taking this route When ine
Nashua and Worcester Road is completed ii will put
the Norwich and Worcester Bost IN direct communi.
eaton with al immense extent OF railroad
Two or three large dry goods auction sales took
place day The attendance OF buyers fair and the
prices show no marked change from previous sales.
Good STYLES of goods went OH freely at good prices
Three large invoices Of India rubber shoes. the as
gregaA "a 90 pairs, sold by tiinturn Go. at
prces varying from q to go according 10 size
and finish The sale went a, low prices averaging.
understand but lttle the value of the rub
Der by the pound for manufacturing purposes The
quantity sold sufficient shoe half the adults in
town at half OF those who any choice be-
dry aud wet feet These large auction sales al
ford striking evidence OF the vast market New York
sfsrds for all descriptions of merchandise. There
seems to be no limit to the quantity for which this
mukei can become the distributing reservoir Our
Eastern neighbors know this fact and accordingly send
their Canton cargoes here for sale, much 70 the annoy
aaee of the Boston Journalists Much OF this value
amarket Newly ok owes to her noble avenues OF com
monicaton with the interior and when the Erie Rail
road is completed points Will be reached by our
en,erprsing merchants and fresh impulse given to the
business OF this City.
The Controller gives notice that farther diyi-
dend OF q per cent making in all 81 per cent will be
paid on the circulating notes OF the Atlas Bank secured
by stocks and real estate on presentation at his Office
The work upon the Naugaiuck Railroad is ra-
pidy proceeding 1t is intended tina, as far as Water.
bury the cars shall be running early as the st OF
Nay
The rail on the New York aud New Haven road
has been laid down from Bridgeport East to half way
between Milford and New-Hsven. 1t will probably he
completed to ewiaven in two weeks
The Directors OF the Harrisburg and Lancaster
Railroad Company have just issued their annual report
The revenue the last twelve months has been great
~ increased. while the general expenses have dimn
shed The whole unfundcd debt, amounting TO up
ward of OOO has been paid out Of the net surplus
receipts Of the road and after paying the interest
funded debt and the current expenses OF the year there
will be balance in the hands of the Treasurer OF S2
as H. which added to the amout paid of shows that
the profits derived from the business OF the road are
than per cent the capital stock OF the Com
psny.
In Boston the strDgency in the money market
continues with a sht advance in the value Of money
The banks are unable to supply the usual demand for
business purposes the full extent and the stlco
tnued requirements for unfinished Railroads absorb a
large portion of the money seeking investment Bust
ness /. moderate for the season. aud there docs not
be any disposition expand the part OF the
merchants.
The contracts for the Lexington and Frankfort
lky) Railroad are being made.
At st. Louis money is easier Short time bills
negotiated with readiness. Exchange on the East
is II prem. with active demand
Avery full aud ably prepared review OF the
commerce of New Orleans is annually furnished on the
Isl September by Cook loungs Price Crreat OF that
city The statistics OF the past year present most ami
mated picture Of the trade of the Mississippi Valley and
Is contributions 10 our foreign and coastwse com
Tie value OF the produce OF The interior re-
csived during the year s79719O0O the single art
Gle Of cotton constituting nearly onc.hai say So 2O'
90 The value Of the sugar crop S96sOOO eX-
elusive OF molasses, 81 100000 The comparative value
Of cotton and brcsdsiuis was as follows:
Corrox Il 2is g05 bales averaging 50 81 200Sii
bgEADsTVFFs.
Com IN ear. 500 j3S bbls .......S 60 So5.A5
Com ip sscks 1 tf3 ;65 sack So. 10 lls2NW
Com Mcal..... i7.'5i h5ls ........ 90 $3.50
Pour .......... 10 ass bbs ........ 500 31ot,lW
Ntedi ......... 1880 SACHS ...... 20 93,epi
Total ''s'''''t''' @''
The value of the Provision trade was, Ia Bacon,
S2050OOl. Beans. S'oOp0. Buttcr S1oOpOo; Beef
Sfa5 p0 Cheese el51. 600 Potatoes Slukool Pork,
s3e34OO0 Lard. SioloOn together elL,1Veh -
rts Il5aocn ufir vas sitlN"t lefi' eiiite' w.,
80 ln I.. ,s... flr Hemp ba-iH-, 81 'l'i "
H. = AZ 90 Rss Heur suo.uoi together, s.1too lur
~. $500 Il-la-- .-.LnlI Ilrl- ..- w -l,tn,