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COMMERCIAL AND MONEY MATTERS. For Sales of Stocks, see Fourth Page WEDNESDAY, P. M. The Stock market was not very buoyant to day, although the foreign news was generally admitted to be good. Treasury Notes sold at 981. For Goverment funded debt there was little or GO enquiry. The Fancies generally sold at a little improvement The effects of the news on the Bill market has been favorable to remitters Some well endorsed Southern Bank Sterling sold at 104 and good individual bills were offered at 10 per cent. The supply of Sterling is larger and the demand is moderate. Probably bills can be bought at à per cent lower than before the last steamer. Ship owners have generally advanced their views to 2s. for Flour to Liverpool. Several of the ships on the berth have been filled up at 189d@2s. Some Cotton was engaged at 3-26, which is better and some heavy freight at 22s6d per ton. There is considerable Produce offering, which must be pressed forward at once order to come in under the advantages of the free duty. The foreign news was received in Wall street as very favorable, more so than was anticipated. The prl. vate commercial letters allspeak encouragingly of the future and favorably of the present. The accounts in the letters are even more favorable than in the newspapers. First class bills were done in London at *} per cent and money WILL becoming plenty, that but for the Railway calls the rate of discount would be S per cent. With money so mach cheaper in London than in this country it is conceded by moneyed men in Wall-street that the drain of Coin must be arrested The downward tendency and the increased supply of Sterling Bills also favors this conclusion. Of course with all these favorable symptoms the reestablishment of trade in England must be very slow.Confidence is however beginning to be restored and this is one great step toward & return of trade and commerce to their old channels. The tendency of things now is decidedly to a suspension of specie shipments from this country, the effect of which would be to relieve the fears of our bankers and lead to & more liberal policy of discount. The incubus of the Government wants would still remain It is true, but the supposition is that the specie clause will by some means be evaded robs that of half its effect. There were no American Stocks on the market in London, which was an unusual circumstance. There was quite a demand for them, and the rates were appreciating. The resumption of Maryand and the Illinois and Indiana arrangements had had a very favorable effect upon the feeling in relation to our securities. A letter from a leading house in London states, however, that & Government loan would meet with no favor there until even Missiesippi had shown & disposition to pay its honest debta The recent numerous arrivals of packet ships has produced great activity at the Custom House, and the different offices are crowded with importers and their clerks, and shipmasters making the necessary entries. The Government will receive & large amount of duties this week, but it will afford thera no relief, as t he payments are nearly all in Treasury Notes The decline to 981 makes quite a gain to the importer. Of all the payments at the Custom House, seven-eighths are in Treasury Notes. To day the State Bank at Saugerties and the Bank of Cayuga Lake suspended redemptions. Theseare free banks and the circulation which has been reduced to
