New-York daily tribune., 1856-03-17


Considering the interruptions TO business in Feb
ruary this is very favorable.
Under favorable advces from the South and the
private letters by the Arabia the market for Cotton
has become more active and buoyant. The sales in
tansitu have been large and the market has advanced
lale = b. The transactions are 900 900 bales.
Coffee is steady but not active. Sugar under the de-
cline is rather fner and refners buying to some
extent Molasses is steady In Flour there is mod
crate home business doing at about previous prices
Southern brands have n downward tendency. Wheat
quiet unchanged Curn Is In rIolvr ate demand,
and the tendency is downward. Pork firmer, with
moderate transactions ut SIS IS and sl4 so. Beef is
heavy. The supplies Of Bacon are moderate.
The George Law has arrived and brings the usual
amount of gold 81 2l9 O53 which with the amount by
the Nicaragua route, Treasury Drafts, &C., brings the
sem-monthly remittance up to over sl,6O0OOO. The
Panama road is in good condition, with considerable
reight Offering. In addition to the above gold about
$500, 600 of bullion transported for English ac-
count. Mr.. Hoadley the President of the Road re-
turned in the George Law a. far as Havana on his
way home
The business of the Clearing House was SIS, $4,000.
A committee of the Board Of Brokers has been APP
pointed to consider which has come up between
Messrs. E. s. Monroe & Co. and Groesbeck Brothers.
rauga at % on the morning that the of the annul
ment of the Nicaragua charter received here. 1t
is admitted that Messrs Monroe & Co. had the news
from New-Oreans and that Messrs Groesbeck
not aware of the condition of affairs Messrs. Groes
beck decline to receive the stock and the question to
be decided is whether possessing the information Of
the important change in the condition of the Company
Messrs. Monroe Co. did right in selling the
stock without communicating the facts TO the pur
chaser. 1t is alleged we believe, by Mr.. Groesbeck,
that Munroe L. Co. stated that they had no new in-
formation in regard to the affairs of the Co., but this
is denied by Messrs Munroe & Co. This Of course is
q very important element in the controversy, and
probably the one upon which the decision will turn.
1t is also rumored that Of the purchasers Of the
sellers option sales of the last month or six weeks,
will repudiate their contracts on similar grounds, that
the selling party knew exclusively OF the action of
Walker and was indeed the suggester of it. Admit
ting these facts, we presume the ethics even OF Wall
street not loose enough to enforce such contracts.
That party may or may not operate upon exclusive
information is fairly matter about which there may
be two honest opinions but in the other opine
there can be but one.
Albert II. Ncolays regular semi-weekly auction
sale of stocks and bonds will take place on Monday
next the nth inst. at l2l O'clock at the Merchants
Exchange.
Three or four back mails were received from the
West o-day and bankers ard brokers were kept very
busy paying drafts. Several houses in the street
ceived between two and three hundred letters. The
remittances very acceptable, and the payments
caused little more activity in money. The supply,
however, continues abundant in all quarters 1t Is
again the opinion of close observers that the expansion
of the banks has been checked this week but the dis
appointment Of the previous week in this respect
makes us shy of expressing any opinion.
In the month of February, 30 miles OF the Northern
Division of the Chicago, st. Paul and Fond du Lac
Railroad were opened for business. This division
connects with the Milwaukee and La Crosse road at
Juneau, and completes the line Of railroad from Fond
du Lac to Milwaukee and Chicago. We understand
tha the entire line Of the Chicago, St. Paul and Fond
du Lac Railroad, from Chicago to Janesvie, viii be
completed within the next nirety days. or before June
Is. There are only IS miles Of track TO lay The
iron and other materials hand, and other means
provided for this purpose.
Mr.. s. y. Smith, the Treasurer Of Ottawa County,
Ohio, was robbed on saturday, March l, Of all the
county funds on hand IN the office, amounting to
&C., 5o0 No clue yet had been found likely to lead
TO the discovery of the robbers.
Al Philadelphia Money continues in abundant sup
ply. There very little rst class paper offering, and
that which ID not cbeorbed by the Banks is readily
placed at 6lG7 2 cent.