Article Text
# MONEY MARKET.
Sales at the Stock Exchange, Feb. 10.
$1,000 City Fives, 1870... 874 20 shares Fulton Bank..1044
1,000 do.... 28 10 Bk of Com. full. 88
2,000 State 7s, 1849104 14 do
2,000 Kentucky Sixes.. 87 5 Am Exchange Bk... 07
4,900 do... 26 10 Canton Co... 164
1,000 Illinois 6s. 1270.. 201 185 Harlema... 16
1,300 Ohio Sires, 1860.. 66 150 Paterson.... 44
1,000 do... 654 14 Utica & Sch. h....114
3,000 Ia. Sterling Bonds 2141 10 Norwich & Worcester 12
3,000 Indiana Bonds... 22
SECOND BOARD.
$2,000 Kentucky 6s. 86 $500 Ohio 63, 1860.b 3ds 64
5,000 do..s 20 ds 85 1,000 do... 64
1,000 do... 852 50 L Island Railroad b30 484
8,000 Ohio Sixes.. 3ds 61 50 do....b 60 ds 48
1,000 do...s 3 ds 64
# Commercial and Money Matters.
FRIDAY, P. M.
The sales to-day at the Board were rather limited. The sales of State Stocks reached about $40,000 Western Stocks to a tumble, Kentucky declining 2 per cent. and Ohio 1 per cent. City Fives improved. Fancies were rather better. Harlem declined.
The Bill market is firm at 5 a 5 for leading Sterling; Francs 5 45. Supply rather limited. The amount of South-erin billé coming forward is not large.
The following stocks were sold at the Merchants' Exchange to-day: 20 shares Hudson Insurance Co, 96 per cent; 20 do 351; 20 do 85; 10 Maryland Mining Co $113 pr share.
The bill to repeal the charter of our old favorite, the Monmouth Pank, passed its third reading in the New-Jersey House on Wednesday last. In relation to its history Mr. Conger stated, "It was a bank chartered in 1824, which failed soon afterward, and withla a yeat or two in attempt has been made to revive it-not for the citizens of New Jersey, but of New-York. In its statements to this House (which were not made until after the proper time had passed, and this bill had been introduced) the capital paid in was stated to be $25,000. He had discovered in conversation with its President that this capital of $26,000 was not paid in by the old stockholders, büt drily ly sonte persons in Mew-York who had purchased the Bank; and the itefti of bills receivable' among the assets of $12,979, was in notes belonging to the owners, and, being a part of this $25,000 capital, and not discounted notes. There had been but one note discounted of abcut $2000-and that not in Monmbath Co. but New-York." We understand that the last time it was galvanized it was done by fluid furnished by that eminent financier Mr. Beach, of the Sun newspaper. If we mistake not, the Cashier of the Monmouth is a relative of Mr. Beach. The Sun stated a day or two ago that by some "accident" the redemplion of the rotes had been suspended for a day. The "accident," we understand, was this Mr. Beach loaned the owners of the charter a certain amount of money to give them a start, on the collateral security of a large amount of the notes. Finding, however, that the charter was about to be abolished by the Legislature, and trembling for the security of his loan, he made several attempts to recover it, which were abortive. Whereupon, notes began to pour in upon the agency for redemption with most remarkable and tinpleasant frequency. It was soon discovered that Beach Ead been putting various amounts of the notes deposited with him as collateral security in circulation, and about $800 of them had been redeemed in this way; whereupon the "accident" of refusing the redemption ofany more occurred. The thing was settled by giving Beach some security, and making him disgorge the good money he had received for the notes put in circulation, and the Bank goes on swimmingly again. At least that is the story as we heard it.
We copy the following from Thompson's Bank Note Reporter, It is an important movement, although we doubt if anything very favorable to the bond holders will result from it. The agent alluded to is Mr. John A. Parker, formerly President of the Wool Growers' Bank of this city. He went out in the last Cunard steanter, chiefly we believe at the instance of the American Bank.
It has been known to us for months past, that heavy holders of discredited state stocks were corresponding with each other, and collecting the opinions of the ablest lawyers in the country, with the view to institute suits against the states, and against the individual citizens, on dishonored state bon 's. Such encouragement has been given that an agent was depatched to Europe, by the last steamer, to solicit the co-operation of English, French and Dutch bend holders. It is in contemplation to institute two suits before the proper tribunals; one against a non-paying.state, and another agaiust a citizen of a non-paying state. By some it is contended that every citizen's farm is liable for a judgement against a state, and that states are corporations, emanating from the federal compact, and liable to be sued. Others counsel a shorter course, and contend that every citizen of a state is a party to the contract batween the state and the bond holder, and is liable individually en every bond the state rightfully owes. The most eminent counsel bave been retained for the prosecution, and ail that talent and money can do will be done.
There is very general misapprehension of the armotint of Kentucky Bonds issued, growing out of the neglect of the Treastürer of that State to include certairi sums issued, for which the State holds an equal amount of assets. The debt is usually stated at $3,902,783, but in addition to this, $2,000,-000 have been issued to the Bank of Kentucky, and the Northern Bank of Kentucky, and $937,500 to the Board of Education and Sinking Fund, making a total of $6,840,283. The first amount is merely the amount issued for Improvement purposes. The increase during the past year, is $501,283,
The following is a new counterfeit which has been put in circulation in Philadelphia:
Union Bank, New York, S's, letter A, dated April-, 1840, payable to the bearer 12 months from date. Signed S. D. Day, Cashier, N. Bishop, President. Neither of whom have been officers of the Bank. Engraved by Durand & Co. Vignette-Neptune. All notes issued by this Institution are payable on demand. This emission is altered from the Post Note plate of the broken Globe Bank, New-York
The Iowa Standard says that a considerable change bas been wrought in the feelings of the members of the Legis-nre towards the Miners' Bask of Dubuque since they as-sembled. Its affairs have ve investigated by a committee and found more favorable than was supposed. Men ca pital propoje, advancing to its aid $50,000 in specie, and the business portion of the community at Dubuque have petitioned in favor of continuing it
The following is a sketch of the provisions of the bill passed in the Illinois House to exempt certain property from sale under execution:
It provides that every person being the head of family shall retain exempt from execution, &c., the following per-stonal property: the wearing apbarel of each and every person attached to the family, necessary beds, bedsteads and bedding; necessary household furniture not exceeding in value $15, one pair of cards, two spinning-wheels, one weaving-loom and appendage, one cooking stove and the necessary pipe therefor, one mulch cow and calf, two sheep for each member of the family, and fleeces taken from the same, or the fleeces of two sheep for each member of a tanely, which may have been purchased by any debtor not owning sheep, and the yarit and cloth that may be manufac-tired from the same also, sišty dollars' worth of property suited to his or her condition or occupation in life, to be selected by the debtor; also, necessary provisions and tue for the use of the family for three months, and neces-sary food for the stock hereinbefore exempted from sale under the provisions of the act.
# Markets-Carefully reported for The Tribune.
FRIDAY, Feb. 10.
ASHES. We hear of nothing doing to-day in either sort. Salæratus is very dull, and consequently the demand for that purpose is light. The orders for export are limited below the market. We quote Pots 5 25, Pearls 6 50.
COTTON. The sales to-day reach 1000 to 1200 bales, at previous rates. The qualities fair and above fair contiure rather scarce, and are firm, while the lower grades, being more abundant, have a downward tendency. The stock is estimated at 30,000 bales. We quote Upland inferior and ordinary 54 a 54; middling 6a6; middling fair 61a 61; fair 64 a 6; fully fair(a7; New-Orleans and Alabama midcling fair 63; fair 7 a 71; fully fair 7].
FLOUR AND MEAL-There is rather a better feeling in this article, we think, and we quote all Western 4 37 a 45), with little to be had at the lower price. We notice sa'es at 4 50, Ohio, and Troy at 4 571. In N Orleans wo hear of nothing doing. There is very little remaining in first hands. We quote 4 121. In Southern there is no activity, and we only hear of farther sales of 200 Howard-st, from store, at 4 12ła4 25; Georgetown in lots 4 124; Rich'd City 5 50, Alexandria, Petersburg, Baltimore City, Pennsylvania, Richmond Country, &c &c, 4 a 4 124. Rye Flour we quote 3 a3 121, and dull. Small sales Corn Meal at 2 50 for Jersey; Brandywine 262; bhds 12 23 cash, 1275 4 mos.
GRAIN. The small stock ef Wheat, about 3000 bushels,
