The Sun.
London, England, 1841-08-16 00:00:00

NEW YORK MONEY MARKET, JULY 31.

The amount of business transacted in the present week
has been suite as small as we have recently had occa-
sion to notice. No perceptible change is apparent in the
money market, and negotiations continue to be made
with great facility.
Domestic exchanges are without variation, and the de-
mand and supply are both limited. In sterling more
business has been doing, and a fair demand has existed,
without much alteration in the rate.
The transactions in stocks have been less than we re-
member in any former week for many years. A small
amcunt of contracts are maturing, but litle disposition
exists to speculate either for a rise or fall, and the fa-
vourable aspect of matters at Washington seems to pro-
duce but little improvement. The Bank Bill has passed
the Senate, and will undoubtedly pass the House, but
opinions are freely hazarded that the President will not
sign the Bill. We think differently. Of its beneficial
operation upon the prosperity of the country and its
agency in restoring a sound and healthy currency, we
entertain great hopes. The prospect is now more fa
vourable for the passage of the leading Whig measures
than at any time during the extra session.
By the Great Western we have ten days' later intelli-
gence from England. The character of the news is rather
unsatisfactory, both as regards the money market, cot-
ton, and American securities. The failure of Indiana to
meet the July interest had affected all stocks.
We notice a sale advertised by the Comptroller of up-
wards of 900,000 dollars State Stocks, on account of
sundry free banks. Our opinion has heretofore been ex-
pressed as to the unfavourable operation of our general
banking law, and the fact of such large amounts of se-
curities being thrown upon the market, at a time of
great depression, is not calculated to increase the confi-
dence of the community in the beneficial operation of a
system issuing a circulating medium upon other than a
cash basis. 'lle knowledge of such large amounts being
held in such a manner has tended to reduce the value of

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these securities much lower than under any other circum-
stances could reasonably have been expected.
SALES AT THE STOCK EXCHANGE, JULY 31.
$l,OOO New York State Fives and Half, 1870
$l,OOO do.- do
$B,OOO New York City Fives, 1870
$2,000 do. do.
$B,OOO Indiana Fives Sterling
$2,000 Indiana Fives..

,R2,0n0 do. do.
25 Shares United States Bank
25 do. do. do
1) 3 day! 16k

:25 do. Delavrare and Hudson ... ...... ...b next week 107}
10 do. North American Trust Co. s3o days 74
50 do. do. do.
20 do. Commercial Bank-
. -
6 do. American Exchange Bank - 864
25 do. 'Vicksburg Bank si
_. .. .

150 do. Harlem Railroad
135 do. do. do
100 do. Paterson Railroad. 514,
25 do. New Jersey Rai1r0ad........
The transactions at the Stock Exchange this morning
were to a moderate extent, and what little was done

shows a decline in prices. Indiana sterling fives fell off
; Indiana fives a ; United States Bank shares -I ;
Vicksburg Bank a ; and New Jersey Railroad the same.
EXCHANGE—FOREIGN.—This being the closing day
for the steamer Caledonia, a fair business has been done
in English exchange. On London we quote 8 a 8}
Paris sf. 281 c. a sf. 27ic. ; Holland 391 a 391 ; Ham-
burgh 35/ a 351 ; Bremen 761 a 77.
At Philadelphia, yesterday, the closing price of United
States Bank shares was 11.