New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-02-13
COMMERCIAL AND MONEY MATTERS


MONDAY Feb l2-P. NJ
The tenor Of the foreign news and the sdvicos
from California, published in The Tribune this morn
ing, had great effect 10 the street 10 day The
from abroad is considered the most favorable which
has been received for some time past Treasury Notes
improved y cent and the loan of lSG0 / q cent
The fsncies were buoysnt but did not improve as
much was antic pa,ed. The tghiness of the Money
market prevented much advance as operators find i
difficult to carry fancies ard the demand for that de-
scrphon Of stock Is freely met.
In Exchanges there is but little doing, and the
tendency Of rates downward Some frstclsss South
bills, with City endorsements, sold at Z. T. cent.
The from the other side Of the water will operate
10 reduce the rates Of Exchange Cotton will 60 for
ward more freely, and probably large amount of
mittsnces will be made in American Stocks. instead
OF bills We shall not be surprised to import OF
Specie from Great Britain If the prices broue ht
by this steamer should be sustained.
Ship.owners are asking higher rates Of Freight
to-day but there is much doing Cotton is held i'd
to Liverpool.
The effect Of the foreign news on the Produce
markets has been Improvement OF a ic In Cotton,
and rather hrmer feeling in Breadstufs. The full
effect of the news was, however, checked by the non
arrival of the steamers ms The Cotton advices
more favorable than anticipated and the same re-
mark applies strongly TO the advces In regard to Amer
lean Securities. The advance In Government Skies
far outruns the expectations of the most ssnguine bull
here. We were that the attention OF European
investors had been, within the last six months very
extensively turned to the Securities of this country as
the safes, and most profitable medium Of employment
for their money This change in the views OF capital
abroad has been the result OF the disturbed condi
ton of European Governments during the past year,
and the loss of confidence In their Securities The
debts of European States, immense they are, have
constantly gone increasing, with diminished reve-
nues while the debt of this country 10 very small and
the ample to pay 1t at maturity This differ
ence In the condition of European States and the
United States is now thoroughly understood and We
look for large demand during the year for our Stocks
at advancing rates. With Consols a, go paying only
p cent interest and money worth In London only y
cent on loans, certainly the Stocks of this Govern
mont paying p cent interest should sell at a much
larger difference than rules at present tits only ne
ce.sary that capitalists abroad should understand fully
the finances and revenues Of this country and the spr
of the Government TO place our National Stocks in
their confidence high at least as those OF the British
Government Once estsblish confidence thoroughly In
our stocks, and destroy the prejudices which have
out OF tue Ol VI
ual Ststes-which prejudces never should have al
tached to the Stocks of the National Government-snd
investors abroad will soon discover the wsy to largely
increase their yearly incomes, by selling out Cousol'
and other European Stocks and investing their money
In the Stocks of the United States.
The payments at the Sub-Treasury to-day have
fsnen OIL very much from lac, week The amount paid
In today was only .>'iVuV
Disbursements .--.-'-----. lVVu4F
Decrease So~fu4'
The Housatonic Railroad has been doing good
business during January the receipts having amounted
to about $4,000.
The steamer is reported to have some Specie on
board for parties here We heard Of $500 900 expected
by her but could learn nothing positively about H.
In the Money market there is no change to no
tce to-day There is no increase Of sringeney and lit
lie or no relief Eirs,csss suctioneers paper sells At
qal0 y cent Loans on Treasury Notes and Govern
msnt stocks = cent
We understand there was to be Cabinet Coun
Gil this morning at Washington to devise some method
for depicting the sub. Treasury. The Treasury Note
arrangement to which we have before alluded would
be before this Council