New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-08-02
COMMERCIAL AND MONEY MATTERS.
For Sals II Ssoes'. r.. Sc, Fosrta Fase
yyEDxEspAr. Auz. pm.


The movement however, VA. 10: very important
Ge morally the Fanci.. had an upward feeling sui 10
marked improvement ran BE- expected mt ,he Cao.
era c.ssppesrs.
l. Ere Igtts there . sonetfin dong. bet tue
rates arc low About 0c0 sbis -Four ensssei q;
= 81 ais AID y 600 bushels Corn - 40 IN bgl<
Heavy Goods. IS. Cotton j. norn.ns,yid. T. H.vre
some Cotton was taken At e. To Holland 30 5sgs
Coffee taken at 3lsc per ID. To HsTre the packet o.;
to-day fled Up previous rates and aai % the 10Th
hss 100 bales Cotton az cent % and. TsiloT
and 100 b.. Ashes. $3.50 A sFed..h bark i0r
Buenos Ayres Is taking Lumber q, 60 % per N III
California rate. for Measurement Good. are 50c61 cis
Per foot in large and 5)07O IN small vessels and -
a. for Lum oer-the over cure. payable sere and
the higher there on. engaged 10000 feet Of
Lumber a. go 81 tons Goa, 80 and 1900 Bneks.
At go.
The Exchange market - inactive All heavy
The supply Of bills s Comfortable
Asa.e OF 100000 of New-York Skies, l-65.
was made BY Mr. John Thompson, "a WsA.t- 20 the
Broadway Bsukatl4 They arc taken a. re basis Of
the sr, ssue Of circulating notes y that Institution
TIE receipts 1t the ST Treasury to-day wee
81 e35 IS Payments. s4i554 a.; Balance. sl50 75s -
Que ~ m, lsrge holders II first 70 rigsge ne
on the Merchant. Exchange property las commenced
foreclosure suit The bonds due and toe Interest
is unpaid, We believe, TOR nearly eighteen months.
Taese bonds Issued originally Al per cent buy
being found unssesbe in London a. that rate the rate
o. Interest raised per cent BY resolution OF
the Board of Directors and endorsed on the back o.
re Bonds We believe several payments at tnsi rate
hsy. been made, but payment Of Interest IS no" re-
fused believe excepting At the original rate Of per
cent upon what plea We DO not understand The
rents mean while nave accumulated IN the hands Of the
Tfustees, and application has been made 10 Judge
Duer hive them paid into the Lite and Trust Co for
benefit Of the oondholders The hrst mortgage l.
for about $40 900 and the second for 500 CO., beside
which there Is small floating debt The rents are
sis 100 per anuum netting perhaps, $4,000 or near
Is per cent. on the deot OF the Company. We shall
be very sorry to see the Exchange brought under the
hammer, and trust that some arrangement will be
made by which the present suit will be stopped. It
would be lasting disgrace 10 this great mercantile
munity to have the property sold out by the Sheriff.
The Shipping Last gives the following state
ment Of the Exports from July p to July 81
r, London 10 $40 Ta,rsnir. 10 psg Pure ans
so- 400 81 = NsI 81 l' = 45D.7' n Hans
T. eo ou, rs Po't s-ol O. Ia. 50 ro
T. p-ts go T. h''n ~ . wha- o. 81 49, suh orn :.
~ts 49, y Cheese, ~ n manufactures Tobacco s1so
liz a.gos ss Dol. our 10 so Resi- 5. n Tsu. ~
eu.s I'm 80 Lard III sss d Gree. suii.r 700 si.'-
T. ireland ~ 3" oash Corn, 90 besFoOf
10 Fronos ITO o. stsve-.
r. 1.n' % % si-s.. 81 80. oh-... 100 h,T-.
7, ,brefa- -yor suss' 5000 Saves
10 Mediterranean 1870 col. ko-in. % 40 Bs'.m coTs' il'
san . d. --'.'e.na. - oa' Losrod ~ o. saP.e
wo e. 20 co Lsu1vfs u g. ho.ssooe l' 40 N-hf pr
sugar J,sP 10 paa'fa Rsm lb' ps' o. Es' Root
T. Busro, we, ~ Dol. -Four 90 Am Ram ~ DO :.
.aos.. 20 49,. Co-r II gsE. si,. 1000 n.-c. Sc
DnSs. 47t I. AZ s5 Do K-il Sugar 20 ea's. Ns' &c
r. B,sh NotA sos nj. Tog,. ~ b. Ry. tau'
s7' mol W. y 70 i', 10 no.. 80 81 So' 80 o.
save.
The arrangement for the exchange Of the 1880
bonds Of the Reading Railroad into per cent prefer
red stock appears be in fair way OF falling through
II is rumored that resolution will probably pass the
Direction authorizing those who have made the ex
change to give up their stock and receive their Bonds
again The reason given for this movement IT, that
much larger amount Of debt say three millions Of dol
rs It is discovered must 20 in before the preferred
stock than wa. stipulated in the agreement making
the exchange; consequently there has been much die
satisfaction among those who assented to the srrang
ment The late dividend OF ,. per cent on the prefer
red stock ha. not acceptable to parties who
supposed the prefsrred stock guaranteed whether
the dividend was earned not which isnot the case
but the Directors hope to make Il per cent IN January
in order 10 make up the amount. The managers OF
thi. great concern apparently very unwilling to
give the public any information IN regard 10 its con
Germs and consequently 10 rapidly losing what conn
dence the public formerly had In IL
Some OF the Second Municipality Of the City OF
New Orlean, Bonds. endorsed by the City Bank Of
NewOrlesn.. are in default They were issued to the
Bank by the City for moneys advanced by the Bank,
and were sold by that institution with their endorse
Rank has until afelV
| promptly RENTED the money TO it, correspondent
Bank in this City pay the interest The charter OF
the City Bank expires in lsJO and renewal Of it
can be had It 10 going into liquidation. The Directors
now repudsie the endorsement OF the Bank on these
Bond. on the pies that the charter gave no night to
make such endorsement They do not. however, deny
that ID. have received the money for them and here
oore paid the interest regularly some OF our North
ern capitalists will suffer severely II the Bank 10 sus
tanned IN the questionable position It has assumed
TIE amount Of duties collected at Boston during
the quarter ending 3Oth June, was s0O7l7s, ssAinst
sl,ll4756 during the same quarter OF l"i year
The Nauss,uck Road will be completed TO VOL
cottvile about the 10th August This place Is ii miles
from Bridgeport
The work on the New London aud Wilmantc
Road is in rapid progress The road from Berlis to
| Middletown will soon be put under contract
| The new stock created by the henneoec ana
Portland Railroad Is being rapidly taken up. Augusta
has taken over ESQ 900; Bath s6O0OO II IL believed
the road from Brunswick TO Richmond will be COM
peted on the lst January.
The people of Charleston, Mllledseville and
| Macon held Railrosd Convention 10 the latter City
on Wednesday the let Of August The object OF the
movement wss to select suitable route and devise
q" the ways and means for constructing RoAd from
Macon. or some point the Central 10 the Georges
| Railroad, and thus connect Macon with Charleston
| Three routes are suggested l. The route from AG
gasta to the Eighty Mile Station on the Central nal
road 2 The route vis Mledgevile 70 Wsrrenion, on
| the Georgia Road. The direct route from Macon 10
| Madison, or the Oconee Bridge on the Georgia Road
| ~ MrBsssp4r. Az l..
steady tC l8e3 iot Fot al " io
| P..r.. Nth 100 tos
| ErPou ron l't - o." JAY
| ls4s ls4s.
| -, .bbis..l.aT SO
1 Pear ..-. -i99 -
| Of Cotfcr sc ba-s tai Prices u.