The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-08-14

annex a table giving the current quotations.

Foreign exchange still ranges very high Some
drawers demand Ito, but there good bills in market
at 1899.
The fall trade is about commencing and the impression
that very heavy business will be transacted this fall APP
pears to be general Our jobbers laying in large
stocks to meet the anticipated demand The supply Of
foreign goods must at the they now coming in
be very extensive. The auction houses have not yet
commenced their sales for the season. and
pect the opening of trade until are made In
that quarter. We have doubt that prices be af
feced by the immense stocks of goods in the hands
of the importers should large supplies be forced
on the market from under the hammer prices must ex.
perience great reduction before the close Of the
The Boston Money Market continues in a very easy
state Manufacturing and railroad stocks continue in
demand, and quotations range very high Merrmack
Manufacturing stock has been sold per cent advance
and the Suffolk at 90 There is large dividend expected
next month the latter stock Railroad stocks were
very firm. Portland has sold at %; Maine, IT a73
advance. Concord was worth % do. Providence was
sold at 81 advance in consequence of the increased
cepts for July this year. compared with last increase
being about 5000 The Boston Banks aid Trust Com
panes hold largely OF the United States loan which falls
due on tho drA Of January next The payment of this
loan will throw to these institutions large amount
which must find employment in other channel The
large sums Of money daily accumulang in the vaults
of pet banks to the credit of the government seem
to have little influence on the market. The pet banks
have on hand more than eight millions Of dollars,
which have been drawn from active employment, and
from the capitals of the commercial classes Not.
withstandng this continual draw of money from the
channels Of trade and the approach Of the fall business
the rate of interest does not advance and there
be as great supply So tar whatever loans the
pet banks may have made on the strength of these i'm
government deposites they have been confined to
proper channels and to proper limits There s not the
slightest speculative feeling afoa Of any description
Stocks cotton real estate and all kinds Of produce and
other kind of property subject to great speculative
movements lie very quiet and all operations pres
emit governed by correct principles Of trade How long
this state Of things last with the great abundance
capital seeking employment it is impossible to tell Mo-
ney and commercial affairs at this moment In state
of great uncertainty and the existing calm may be i'm
medatey followed by tremendous specuations in all
species Of property.
The Philadelphia Money Market 10 represented to be in
a very easy state Loans could be obtained at and
per cent principally at the latter rate There has
Gently been considerable enquiry in that market for spe
Gle and some shipments have already been made.
rH'lADnlf Reeea asO % c .agas, RAILROAD
Do week ending Aug H. s'ios 8 1855 81 1856 IS
Whole amount since Nov'r.
90 1913 .7s.i4l 20 n77s 20 sIas22o 10
The amount received at Pittsburg, Pennsylvania, for
tolls the division of the Pennsylvania canals tho LIST
of August for three past, compare follows
Tolls ON THE WESTERN DIVISION OF THE PENNSYLVANIA
CANALS.
1872 l8i3 1874.
Tolls to June 30.. 2li36 S. 22,98o Ga 27t5o 81
Total to August . s25,ao7 81 sae,e72 60 s32152 o.
This shows steady increase in from this
source. 1t will be observed by the ANNEXED table that
the tonnage has decreased since last year.
CANAL
1912 1913. i8ii.
Tonnage June 30. i747,l78 63077,1l0 59,y12 $50
Tonnage for July 7285,ll9 l5i42,363 88,77
Total to Aug tons 81 762 297 782l9773 6896Ia
The canals Of Pennsy lvania do exhibit that great
increase in receipts that the canals Of other States do
The public works of every State around Penns ylvania
have been unusually productive while those Of PennsyL
mia bat barely hold their The quantity Of produce
transported this division of the canals to the sea
beard has net increased very much any instance while
in many there has decline will be seen on