New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-08
MONDAY, March Up. N.

Beard this morning. but the market without irm.
The sellers for fall still making contracts
freely. and the leading fancics continue TO decline A.
the Second Board the market very heavy especially
for Erie which fell off to s5l. decline of per
Norwich was also very heavy and sold at 50 Hudsos
River, Harlem &c. were all heavy Nicaragua soli
down to 30i decline of y ct The Coal stocks are
net active, excepting Cumberland and do not show
much change The decline has been so considerable
in these stocks that parties willing 10 load
up with them. bear sale of Delaware and Hudson
was made at 100 seller - months Land stocks ara
very inactive They would probably uuder an easier
money market, show rapid an Improvement as any
class d stocks the list Premium Railroads are
generally dull but Madison was in demand at slight
advance Bonds were In fair demand. the sses being
$1,000 and prices were pretty well sustained.
For Exchange the inquiry for the Wednes-
day steamer Is light and rates are barely sus.snsd
Sterling Is 9d9 with first class bills selling at 9iP
cent. Francs are 5l5S5l2i The supply Of bills u
fair and the demand would be considerable but for tho
s,rngency of money
Freights are heavy, with moderate engage
ments To Liverpool, 1000 OF 1900 bbls Flour, 2l6
10000 bush Grain lid 800 900 bales Cotton 739eid
To London and Havre there Is but little doing To Glss
sow the Petrol has 100 kegs Tobacco at 81, and 3oO
bbls PORK. 36 full cargo Of Flour wsstsken Tor Cali
fcrna ~ 80 So aud vessel taken up for Sugar and
Molssses from the south side of Cuba at ioe. and o.
To Australia there Ia not large business doing.
The amount received at the Sub.Treasury
was slC6 O2o; Payments s245s Balance - 9sJ 3sS.
The Money market continues tight, and call
loans per cent, and in many 4 commissiou
Is charged for accommodations at that rate The
Banks find themselves too much extended, and tho
check which has been given to speculations by the
traction which has taken place will doubtless have
favorable effect on the general prosperity Of the
country There has been reckless lending on the part
Of come Of the Banks, snd sharp pull up was very
much needed To check unsafe expansion we need
frequent settlements among the Banks AMI semi
weekly even daily publications OF the leading ltsa,s
Of their condition. We think the Banks themselves
Te generally convinced Of the dangerous point to
which anxiety to make large dividends was gradlaiiy
forcing them and thst the increase of credit has been
largely In advance Of the amount usted by the actual
increase Of Gold in the country.
The President and Cashier Of the Hanover
Btnk Messrs OTIS and Livingston, resigned today,
end The vacancies we're filed by the appointment OF
Mr. Richd. P Buck. rs President, an! Mr. Taylor.
formerly general bookkeeper, a. Cashier pro ten.
The imports Of last week show an incresss
Ct 100000, over the same period Of las, year The
txporp about $4,000 less
A telegraphic dispatch, published ia The
LiroPo0I Coryicr. received Ia Liverpool, on tho
23d ut, to the following effect The Bank Directors
have given notice that the OF interest on loans Of
Stock has been reduced to 2 y cent. y annnm With
such fac, !, Is impossible apprehend much tlgsnsss
10 the Money market
This dispatch Ia decidedly spoehryphal.
Mr.. Simeon Draper sells tomorrow Tues
day. ct auction variety OF hrs. class securities con.
Sitting of railroad, bank and insurance stocks
The letters by the present steamer are more
favorable IN regard 10 the money market and the de-
mand for American securities than any ofthose received
for month past Some considerable transactions are re-
ported and orders have for q fair amount Of
railroad bonds Of the best class but for no large
amount OF any particular kind.
The earnings Of the Toledo, N0rwak and
Cleveland Railroad for the week ending 25eh February
were -, COS Of which $50. was frsm passengers
We understand tina, the Stocks of Pennsyl.
ysnis we're omitted from The bill for the enlargement
VI The Security basis u Banks on sceount OF the
prejudice sgsiDs them, occaioned by the imposition
Of the stste TAX upon the interest which l. looked
upon partial Reputation. The debt Of pepnsyi-
ysDA u, doubt, quite safe a. thai OF the other
stocks admitted In The bill and If be considered well
rebuke tina; State for taxing the holders Of her debt
he lsst issues might still be admitted az hey are
exempted from tsxation BY the Law which created
hem. Such q course would gain friends to the bill.
which Our sdviees from Albany leads u TO expect 1,
VII need
A private company has established q new
tSauboaf line between Cf,ci,n al s,y ,.,i.xsn. a.,
ornect with the Cincinnati Columbus and Cleveland
y which vii facilitate the travel between Indianapolis
Nd New iuk "a hours. Thsse boats viii leave Gin
IL Es'i after the arrival Of the cars from Cleveland
% o'clock p H., and connect with the train leaving
MADISON At, AN thas bringing passengers AMI IL.
'ress MISTER from New York 70 indianapolis two sai
ne half dsys and giving passengers nights sleep on
be river
The Suffolk Demosrat states that meeting
vas held The ith inst, q, the suffolk Hosel In rsls
Ion 20 the proposed North Side Railroad con.
nuee was appointed to consult with the viIszer. On
he route 70 the Flushing road asd 10 employ an En-
eer 70 survey the route The COMMITTEES cousis,s OF
don C. C. csmbrelens Hoa z. B. Oakley, John
Wood snFh woodhun. q. H. shepard, 6. w. Gaines.
;sq. g. A 5eudder. J. !. shipn.sn, Z. c. Prime
A project is on foot for uniting the Fitch.
org. Vernon. and Msssaehusests, Cheshire and
su;!sSd Roads into one line upon equitable principles
The Senate Committee Of Finance in the
'hynia Legislature have msde repor. on the debs Of
be State for the ,vo years commencing the 3sh sso
embes 1850 and ending the aOsh September. lsse "a
be probable receipts and dnburseueots Of the rrs.s
'e.>pbe-, 1879.