COMMERCIAL AND MONEY MATTERS.

II For Sales of Stocks, SC. see Fourth Page.
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ES For Sales of Stocks, Sc. see Fourth rage


FRIDAY P. N.


There is still buoyant feeling in the stock mar
ke, and after tbs board there was good deal OF
speculative feeling. Norwich and Worcester went to
sss and Long Island 10 6si. There was considerable
dome al the Second Board but prices in some cases
lower and a, the close Norwich S7l and Long Island
66i.


There is fair amount OF business doing in foreign
bills and the supply is firm. Sterling IS rather hrner
and the best signatures are selling to-day at ssGs!
Francs ai as got with large sales Guildcrs 80! G39
Rix Dollars Is! 67si Marks 8anco 35;.


The money market is without particular change
from our last notice On the very best security money
is still abundant 5per cent but the Banks have SUI
ciency psper offered rather more than usual at this
season of the year and their receipts are rather light AZ
Bank the discount. is 6d per cent and in the street
the rate on paper not due in Bank IS very indefinite
viz s TO 20 per cent.


Some of the Florida papers are advocating pro
position for the building of Railroad by the state TO
extend East and West from extremity OF the state
TO the other at supposed expense OF S2OooUoo the
greater part of which it proposed TO have furnished in
land from the five hundred thousand acres OF United
States lands to which Florida is entitled.


AT New Orleans capital continues abundant and
loans at long date secured oy mortgage are sNeh t W
10 per cent discount There Is very little short paper
offering out OF doors is negotiated at per cent, dis
count and some very tavorte signatures are taken at
Bank interest.


The United States Insurance Company OF Boston
have declared semannua dividend OF four per cent


The Bank OF the State of North Carolina has de-
cared dividend four per for the last six months
and the Merchants Bank Newbern has declared semi
annual dividend of three and a half per


The Governor of Indiana in his Message holds
the following language in relation to the payment OF in.
terest upon the public debt


More than twe.thrd OF the State tax paid by the
people of Indiana is devoted TO the payment Ot the pub
lie debt. This has been readily borne through
Gears of announcement aud in the midst OF unjust
proaches When the domestic debt existing IN the form
OF treasury notes and used currency absorbed in
this manner Is disposed OF by diferen; sRslac
tory arrangement all uf State revenue beyond the
expenses be applied TO the payment OF our
foreign debt. BY a similar application OF the amount
saved by the needed reform in our country expenditures
and by strict economy every branch OF the public ser
vice the amount OF the annual interest due on our To-
reign debt would be still farther reduced


Should the proposition be made again the part OF
bond holders take the profits Of the canal for such
portion of public debt will enable the state with
the aid OF the above referred TO- TO pay the bal
ance doubt not that the people VII cheertu!y submit
to the burden which while the honor
aud resuscates the credit of the state will by increased
immigration the enhanced value OF property the restora
tior OF confidence and the improvement OF the credit OF
our citizens individually. more than compensate them
for their outlay.


That such an arrangement will be made will be sat
isfactory creditors and will restore the arnished
escutcheon OF Indiana its original brightness viii not
permit mysei! 10 doubt.


The following statement shows the earnings tthe