New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1849-08-01
COMMERCIAL AND MONEY MATTERS
For Sales Of Stocks, 81. "a, Fourth Page

TUESDAY July 3i--f' ~
The Stock market continues inactive, aud Cow
eminent stock. have downward tendency. No rea
son given for the decline excepting the want Of de
position to operate. Some Of the isncies are doing
rather better and the shorts in Erie are good deal
troubled to make their deliveries. Erie for immediate
delivery is quite scarce.
The Sterling market stfened to-day with
good demand, and leading names sold At Il
Good bills however were to be had al :. asi Francs
535a532t The supply OF bills was moderate.
Ia Freights there is not much doing, bat the
rates are heavy. Corn be shipped at I'd. Heavy
Goods lsa2Os Some 1000 or 40 900 bbs Flour, =
40 ais Cd. Cotton, el per bale. To HaTs Cotton
i,sc.
The Receipts at the Sub-Treasury, to-day, were
si73s6 y. Payments s724 50; Balance, sl5l526s 81
Duties, s44,473 50.
The Money market continues 10 be abundantly
supplied and the Bank. have offerings sufficient to
employ their receipts They in the street in some
cases. picking up hrst-clsss short psPer, which goes
freely At 5a6 per cent and is plenty. Six months
paper il less in demand On the best coatera ais money
easily to be had at per cent Large sums are seek
ug safe Investment and the deposits in the Banks are
unusually largo. This continued ease In the Money
market shows that the Fall business has not yet opened
with any activity There are. however. afew buyers
in town from the South and West and considerable
quantity Of goods have been ordered by parties who
are kept away from the City by fear OF the Cholera
Some remarks have been made IN the daily
journals upon the subject of Endorsements upon Cou.
pom Federal bonds The following is extract from
letter from the Register of the Treasury, dated July
~ 1919 In reply TO one addressed to him By leading
Wal ct house:
Il. Of D-an.on c.. OF III. bonds cue.
80 ~. 49, 49,, 49, r.vs. 10 b..-rt sns th.y nsy
transferred dsvery 9TH or "hou snio'-neat
partm-ni does ihai sfdoremeut. eH7 onis
~hsihe .p.. or bAut sitesd suh boaas -h-a
presented Al NE Treasury if ?" n.n o..
nocsf' thereof Pro'st he and -asoI.-
meis ereoa are Sr0eH 70 Ne DEP sftnent % . o. p
any satisfaction 20 b genuine Nas t~~'-f
as-i'isa ,. 81 "f.ia,y Il esftsay at, We
~en4ed h.' DO = eA'-- 1ess,ts' W.. Il, .
~hsir- 'spe, ally or % han ne ere n-,so - IN 10
required The case 90 tfans.to- sieca
We understand that the Canal Bank of New
Orleans has settled with its late Cashier Mr.. William
con. and who was charged with being deiauer, and
that the Bank will lose nothing by him lie had got in
debt to the Bank for larger sum than was generally
known but has paid up the whole
The new State Skies, 1884, were in demand to-
dsy at ia with no sellers for foreign account Sales
of State Fives ls6O to 20 abroad, were made at 1915
| which 10 q considerable advance.
We noticed, some days since, that the Norwich
|
stock payable in certificates This adopted
as the earned money had been used in paying the debts
OF the Company after the dividend was declared
II was discovered that law had been passed by the
Connecticut Legislature which rendered very quss
ronable if dividend pay able in this manner could le
gsly be made. The section Of the law bearing upon
| this question Is the following
sac "a Tbs corporation may vote q iss ,toeaaoesr
is hat purpose .sd eoaa' . noft.ss
a 80 "a, sa S sS.rsf Z, s..s ss .I.es,.s ~ rP.
80 uss.r ~ copor.t- ard IS
.sce..or 10 - o. ''S soas. 40 r.
corsed IN Ii. Of stat P-stass shea1
s.,n hss sos Provssd Jsss' tsAi % "a. foAd
s,g','.1 n. . - % ,s s-.ls. sss
sn-er csr, uos-f oath 70 n. oea'f'.s' o. "a s,'s
.rssae ,h. sgti-ct he cr-n1-r % ~ p.n sna
s.n. = of p.rur, Fsuhsrm.is .han Of TIE Coo
" - 49, n. 500. Of .sy sroad eo2or.iio ,sr-s
40 % .hs never sressd he sHaH H s'
A, the bonds Issued BY the Norwich exceed the pro
portion above limited the Directors, prevent the
bringing I'd OF any question Of legality hereafter, met
on Saturday July p and adopted the annexed resou-
iions
R,.srss hat -t.r-. u-sss Of u. Dr-s'o, o. a. Ca
pay BED Jul H. - ~ :. =. - -.
vo,.s 70 bal PER e-1i - q
ss ssa -s.... .ss.,q -ai 70 he ~ ''t.aa
h'' CON. % p. lao-. < v b. BAG sc -. N.Y. ~ -
Coan-ctcat proass RAJ R0sa conFS'y ehasr-e ~ -
tns egfy Of us bosr1 % fera1
| IRON vosou he avs OF ne State. tssrstor-
Rssrsd s,e,ag sach avo-nd r-Tossd sa4
| saaulsc-
This was, Of course, the best thing that could be
done in the premises ana the only result s that the
Company has less debt and the stockholders have no
| dividend
| Hunts Magazine gives the annexed state
ment of the public debt which Interest paid IN
New York on the let OF July
Statement Of the the lonns Of the United States
o.vabl- in NewYor and OF ne nrnher u pubic cred
is and he he'd by hen, collectively, IN eaca
| loan .-.
Oats - = =. -
Lrsn No o. Of-aiNrs -. - :.
| ss2.......... Sill. SO s. y $500 Il
1 les o.-SsIuV " 49, =