New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-03-08

seton Of portion of the Directors was taken wins
Mr.. Mst4eon Vss absent, and without any notice 70
bin that tpth acton contemplated.
The Burlington aud Middlesex Railroad hin waa de-
fta,ed in The New jersey Assembly yesterday, BY a
lie vote. The HUnterdon and Milestone Railroad oil
wss recommittec. THE Camden and Amboy Railroad
and Delaware AZ d ReI tan Cansl Company have sent
in q memorial to the Nee-Jersey Legislature alleging
tast the Princeton and Trenton Railroad bill, which
passed the House, infringement of their exclusive
rights and a violation Of the State faith.
The bill authorizing the construction of railroad
across the Pan Handle and to bidge the Ohio at Steu
benvle snd Wheeling has passed the Virginia House
OF Representatives.
The Mr. Orleans Pic0yure Of Saturday, March >,
received by Adams & Co.'s Express, says
"Tbe past week bas been marked by no important
charge VI any kiI in the financial movement Money
wss in active request throughout and there was no
apparent diml u'i'n In the supply OF capith. EX-
chsrge has been aneud from the opening to the close
Of the week, and mOst descriptions have materially 0e
clinsd. The supply of all classes Of bills has been
limited throughout, but it proved ample for tue de-
msnd, which has been at time active for either for
eigp or domestic "
The Boston Post, in its weekly review Of Finance
and Business says:
"We presume it il nov admitted, both in New. York
and DrrlCr, that Dn-lDero VIII nOb We NJ
lsIge It was expected TO be, 10 January. To be
tUIe there is come taxi as usual IN s1ch cases OF
trade being late but all careful observers under
stand that much Of what is called late trade, never
cones Al ell. AT present. there are no iudc ahons oil
even SD average mercantile demand fer money. The
msrket ia exceedingly dull and heavy, TO esteemed
hank be rrowers with New-YOfk funds aceumulstiug
and the aggregate OF specie rapidly increasing. Inc
aspect of fIeign exchange indicates thai the specie
shpments of he season will be smaller and later than
otoinary for with the enormous value of the cotton
exports il seems impossible az present TO raise ex-
change to the specie point in the face OF the IN
poIts of merchandise, which, since December have
been extraordinarily large.
q" On the one hand, therefore, are actual coudi-
tiop OF home, SLACK business moderate figures
for foreign exchange large government Disbursements,
heavy cotton and merchsu0se exports anc q not I'M
favorable prospect for the European money markets.
he fact that the bank loans high, easily disturbed,
and composed Of unusually large percentage OF Old
loars.
"TbeIe cen be little question in our view, there
fore that credit to cont dull and easy, for the
most Part through the Summer and S1riDg. Any body
Nth The least tact and with really good paper or
cUTiies, will probably be able to borrow without diff
fCulty, ut a low rate. At the ssme time what with
the s9ness OF trade, and the general idea that there
has beer very little money really made since the panic,
there 10 considerable disrust abroad anO paper 10 close
Nv sciutnized The bank loans high that small
Gstur baJces are easily created. These must he ex
peced. When they occur. they cause high and IT.
regular " outside market, and indeed the pinch OF
January il vet felt by outside borrowers. For the
general run Of sound borrowers, however the money
market "a very eesy and in fact It at present
tenoing TO even greater duness and abundance. We
DO not anticipate however any decline below t1e legal
rate. A sudden expansion Of the banks would be
sleeoiy followed by pinch. The loans are quite high
enough fo' dividend purposes and the country would
be better of hereafter if any further accumulation OF
means were held IL specie"