American telegraph. [volume] (Washington [D.C.]) 1851-1851, 1851-03-31
MONEY MATTERS, TRADE, &c

MONEY MATTERS, TRADE, &C.
| The New York Post says:
The demand for money is undated, while there is much
less disposition to discount long paper The rates
| tending upwards and range from II to per cent.
| The National Bank OF New York has declared half
yearly dividend of per cent
The Neo Jersey General Ranking LaioThe supplement
the General Banking Law passed at the late session Of
the New Jersey Legislature, permits the State stocks Of
New York, Ohio, Kentucky, and Pennsylvania to be de-
posted the security for circulating notes The original
bill confined the securities to United States and Massachu
| sets stocks.
The New York Journal Of Commerce Of Saturday p. M,
| says:
The tendency through the has been toward easier
rates. and today, money being freely offered, the
market is in favor of the borrower The Southern mar
at last guted with SPECIE and the recent ship
ments to New Orleans have been made at loss. About
S500OO0 understand, win be returned by the next
steamer much larger amount was shipped than we at
first predicted is evident from the quantity now on
hand which at New Orleans and Mobile foots up $13,
100000 being $3O00O00 than Mt the corresponding
date in any previous year. We well situated to
export gold to Europe, and could spare several millions
without detrment to commercial interests. The
shipments for this week have been very large is already
noticed.
For the week to they viii probably be still larger
about 100000 in gold has already been engaged by the
Arctic.
The stock market is buoyant at higher rates At
the first board Government sold ut advance. United
States SIS of 67 116 do. 49, to 49, Canton SO, to
The amount of dividend due and payable in Boston by
the twenty mine banks is $826O0O capital of $780,
100000 The dividends vary from 81 to per cent.
NEW YORK MARKET.
MARCH 29--2 p m.
CboaThere is but little doing in this staple prices
| are unchanged.
Flour and Meat-A fair local and Eastern demand for
Western State Flour, and prices of the former
shade better New Orleans and Canadian quiet at for
mer prices The sales of Domestic $500 bbs. at
s4444 $50 for to straight State; s4.56 475 for
Michigan and Indiana, and S4.s 114@4s7 for pure Gen
esee. Southern in good demand for the trade and West
Indies and is better Sales of 500 bbls at $469@48
for mixed to straight brands Baltimore Rye Flour and
Corn Meal is quiet.
GrainThere is but little doing in Wheat and the mar
ket is unchanged Rye is quiet and market nominal at
74c Oats dull and EASIER sales of Jersey at 454c
and Northern at 47@49c Corn is not plenty and prices
nominal for fiat and round yellow at 66@69ac lot
of $500 bushels sold private terms
Whisky-The market is inactive for Prime at 23c, and
for Drudge at 22c
ProronsThere is less doing in Pork the sales are in
retail lots at S1o12]a@101S4 for Prime and Sl312l1@
13lSN for old Mess and S13. 6S14 for Mess
Beef steady; and in retail demand Picked Meats
heavy at $3.50. for HAMS and 6@64c for Shoulders
Lard is in fair demand and the market is buoyant at
Sc Butter is less active but is firm for prime Cheese
! is steady and saleable