The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-03-10

0MNkKClAL APRAIRS.

Friday, Maroh &C r. M.
Tie news from Europe 10 good The whole, better
than that received by the steamer Advices frou
France are more encouraging and satisfactory.
The improv INT in French FUNDS 10 considered the
most feature in the nce
tive Of psmsnency in IT, COVER and inoreas
ing confidence among the people. The nnsnois, and
cisl accounts from Great Britain confirm those
previously received, far public securities
concerned but far relates to great
ople they chow improvement in prices aud In the
extsut Of trapsacions The activity reported In the
nuacturip g districts induces to believe that the
quotations for cotton will be sustained The 90
OF this sfafe Of things abroad upon the NEST
interests Of this country must DO great and
is at pressn mt very little doubt bat that about
entering upon period Of Unprecedented prosperity.
The advance In the market value of pu bio
rites In London, and the steady demand from the
continent for investment, are events but recently
calculated upon, and tend very much to relieve Or
the immense weight Of these stocks pressing upon
capitalists Millions upon millions Of dollars worth Of
these 'ecures will be drawn from and tho proceeds
find employment in the ususl chan nels Of commerce
This will give impetus to every branch Of trade and
supply, In Q measure, the important d.sijsratum 90
neces,sry to fair and full dsvslopsment Of our re-
sources.
Stocks did net advance much to day o. the nature
Of the news induced many to anticipate At the first
board Harlem went up y per cent, Long Island ",
Canton Company X, Fsrmsrs Loan ", Morris Lsnsl
u, Illinois 6s u North American Trust u All others
closed At prices current yesterday. The market fell
Il before the close Of the board Tho steamer arrived
n Boston this afternoon, and her mails probably loft
at four O'Clock for this city They ill arrive to NOR
row. Saturday,, morning, at early hour; sud before
tie commencement Of business, the merchants will
have their letters and private accounts Of all kinds and
come into the posted up and prepared for epe
rstions. We have doubt but that private letters
will speak, II possible, more epcouragingy Of CONNER
cia matters In Europe than those Of public charsc.
ter.
The Bank Of Commerce has been distributing ong
The other Wall street banks the eight hundred Thousand
dollars Of spece out Of the Sub.trsasury. This
will relieve these Institutions and extend the inau
Of such deposits among the commercial commu.
nifty
There has been . upon the Peoples Bank Of Pa
,ereon. NJ IL hes already continued two days, and
the bank has been compelled to pay out ell kinds Of
coin, to keep the machinery In motion. Old Spanish
quarters and ssveregns st 81 S. paid to people
who knew nothing OF their value The bank either
poorly supplied with American coin, paid out this
foreign geld coin for the purpose Of gaining Time
prevent the public from presenting theie bills. One
individual in Paterson for the purpose Of helping tbs
bank, redeemed about $500 Of ts bills in Amsrican
gold soin aud when he presented the bills at the esuk
he was paid In such coin mentioned abovs. Abauk
must be in tight place. to dssce nd to suoh msthsd
of redeemipg It's circulation.
The exports from our Southern ports this season
have been unusually large II the imports In this port
largely exceed the exports the balance In favor Of our
outherp shipping psrs will Offset any balance against
us in the trade of New York The shpmsntsof cotton
and Savannah, for the month Of Fsbru sry,
ls49 were nearly one hundred per cent larger than
tho,e fcr the menth In ls4s as will bs BY
he anne xed imperative statement:-
CoMMrRcE OF THE PoRr SAvANNAH.-NoNrHLY