New-York daily tribune., 1849-08-08
COMMERCIAL AND MONEY MATTERS.
Fer Sac, Of S.oes,, r. 'se Fo'riA Peg

TUESDAY, Az 7-P NJ
There is nothing aeT 70 the stock market. The
trsn.sctons arc very small ard the tendency down
wad
There has been htiie speculative movement
ls r.rbange which, with the good inquiry and tie
o.era,e supply u Frs, lass bills carried he rate
40 20 q er cent sor me besi Iae sl.k q ihe
.s.e. Las been az Fl a. although some draEe-. are s<
ng aIgher The demand s Considerable pa-,y 10 caa
sesseaoe q tie demand ior he remittance ae Pczn
sv sanis interest There also good inquiry .ar 70
u.:iarce ia payment Of goods Francs are 53l. o.
Tie small supply o., produce os7srirg and tne
advanced rates aemsded have checked Ffesa;s and
~ ongaseraents u importance have been made Corn
j. c3.d Flour. d. Cotton q Heavy Goods, .-'
. nomlaaly. Some Folr Canadian 10 bond. vas
taken IN British vessei a. -.
There $40 change 10 the abundance Of money
but r.1er j. more plenty and consequently the Bank
offerings aye up 20 their saty % Discount Ine grad
ua renewal q business although 81. = ouy moderate
has created r.re OF less business paPcr which Is %
tho market portion Of this s accsPiances oi West
crn .rai. and portion Jo5tcrs PsPer The street
rate f,r collateral oans s st 30 per cent bat paper
docs no, - a-i,e 90 chesP.y as q did
The Receipts Ar The ssb-T-easury, today were
, i.l''if - ny ilc4itaf fir-- 'r --''f
7ss 81. Dll-s sej,l02 a.
There IS moderate amount Of business doing
sm5na the importers a. some of tie J05bess who deal
with ;he far southern and Western trade are Cling az
their -,ocks The Fail trade il confidently expected
s large and the payments from tie country salts
factory.
The Nox-York Fire and Marine Insurance Co
have declared dividend of per cent The Butchers
- nal 4~f.i a f.f rlf.r lrI q
4 Aloanoi $40 900, per cent. City oi New-A.-
ban7. Ind Bonds was neg 1,iated yesterday with
Me..rs W4nsow, Laulor . Co. Of this City, on iavora
be term. Tle.c Bonds comprise the who'e DEBT q
that iourishing City and were Issued in paymen; Of
the subscription Of the city to the New-Albany and "a
lem Railroad This il one Of the safes, securities
offered n this market They lien on the stock as
well a on the faith Of the city and has been laid
for the payment Of the interest and as nucleus for
Sink ng fund The dividends the stock also 90 into
the sinkns-Tund The estimated revenue Of the city.
Drl-49. s257II, while the estimated expenditures
including interest on above Bonds is 1880 leaving
balance Of s72l The population OF the city 75oo
and the estimated value Of the property sl,-OoooO
The maturity Of the Bonds runs from Is to Is years
principal and interest payable IN NewYork or phila-
delohla The subscription Of the city was authorized
bv the cgsaturc Of Indiana and by large vote of the
citl.ns The interest coupons and principal, when
due are receivable for taxes The New Albany and Sa
lem Road is one Of the many public works commenced
by the State in 1896 and which was aiterward aban.
donsd to a private company. 10 was originally Mac
Aianized road and the State spent $4,000 upon H.
A company was formed lei7 10 finish the road ss
railroad the individual liability Of the law was re-
pealcd and the whole work estimated TO be worth at
least 700 OCO, was abandoned without compensation
20 the Company The road from New. Albany to Salem
distance Of - miles s under contract The grading
/, nearly completed The road from ew.Albany TO
P.kin will probably be in working order by the let Of
November and the whole road to Salem by the II Of
February next The iron for the road has been
purchased ard a portion Of 1t has arrived. The
estimate for the whole road 10 Salem with the fat
bar care. locomotives depots &c ia 100000. 1t u
expected that the road viii be completed without any
dcbt There s project 10 extend the road to Craw-
iorisvlc Montgomery Co. where it will connect with
road now being built from that point to Lafayette,
whore il VII connect with the Wabash River and the
Wabash and Erie Canal. a branch Is proposed from a
point between Bedford and Bloomington 70 Teue
Hsute and another from near Gosport 70 indianapolis
The stock for the extension being rapidly taken up.
The estimated income of the road 10 Salem s72650
expenses aud repairs $50 275 net income, S36325,
70 per cent on the cost Of the road The Cincinnati
and II Louis Railroad passes through Indiana between
Salem and Bedford and this connection will bring q
lar.e business TO the New Albany Road
Mr. Thos Beknap has been elected Cashier Of
the state Bank at Hartford Conn.
The earnings Of the New Haven Road from
January ! 10 August J. although not large were
anticipated yet are very well in view Of the prevalence
Of the Cholera and the falling Of other rosds The
receipts are