The New York herald., 1845-07-29
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MONEY MARK EFT.
Monday, July 2S-6 p.

Monday, July 3S-6 r. M.
The stock market very firm to-day but the trans
actions limited Reading Railroad, Pennsy ylvania
SIS Long Island and Canton closed firm at Saturdays
prices Norwich and Worcester went up per cent
Stonington, It; Morris Canal l.
The banks of this city will make their quarterly
ports for August on Friday, after which, may expect
slight relief in the money market The Of
the banks the quarterjust closing had not shown
on of consequence compared with the last returns and
the contraction has, therefore been small. This quar-
comprises the dullest OF the year. and the
mand for discounts from the commercial classes
usually very large Money has not at any time within
past three months been worth six per cent and
almost any amount could be obtained good security
that This is good evidence that the banks have
been pressed for loans but the contrary shows
that there has been limited demand for money. The
discount line of the city banks for August will vary
much from the amount reported last May, while the
amount ofspecie hand has increased The foreign ex
portaon OF specie from this port since May been very
light and the demand for shipment to any of the south
ports has been but rinng The banks will exhibit
much more favorable reports than in May last The
.en fire will whou: doubt, give employ to a large
amount Of capital that has been deposit in the banks
for time past and large quantities of stocks owned
by the insurance companies may be put upon the market
for SALE but there is not in opinion going be any
scarcity of money, hardly advance in the Of
interest. The effects of tue FIRE will be slightly felt,
during the inactivity of business but the moment trade
becomes brisk and the minds Of merchants filled
with speculaons, the whole thing will be forgotten and
the loss made up almost before they of it.
long have time to think and talk about the dam
ages, feel them, but the fall trade will absorb
every other idea.
We annex a statement Of the Coal Trade Of Pennsyl.
vana, showing the quantity transported by the Schuyl-
I u A.
oath inst -
=, Coal TRADE OF PESSsYLvAyrA.
Week ending July g.is 9s,, Jaiv ssM s JUDY 2,,s s
BY Schuylkll Canal, tons :. >. 1850 1855 soss
BY Reading Railroad, tons. 6,ls5 9,H 25322
The quantity shipped last week by the Railroad and
Canal amounted to 5S5 TONS more than FIVE thousand
tons per day 1t stated that should the Reading Rail
road Company send to market 1000 for the week
ending the ast inst they will reach 100 900 tons the
month of July The weekly business of the Canal has
become reduced to very small amount, while the in.
Of business the Railroad this year. compared
with corresponding weeks last has been The
fac is pr every statement in relation to these
two companies sufficient impress upon the public
mind the position of each and the that
within the past year taken place in the condition Of the
affairs of these companies, must strike every with
great force.
Railroad from Saratoga to whitehall on Lake Cham.
plain is in contemplation The road is already graded
from saraogat to Sandy Hll distance Of twenty miles,
and company is about forming to put the road from
Sandy Hill TO Whitehall a distance of oftwenty miles
der contract BY this route the distance hom Albany
10 Whitehall will be about seventy miles. The compile
ton Of these roads will give as free communication
with Montreal, by the way of Whitehall and Lake
Champain as the citizens of Boston will have by the
way of Burlington and the Lake
Railroads are in contemplation all the country
while there are many half completed, and others .om.
menced and remaining almost useless
We annex table giving the length, cost and nett re-
cepts Of the principal railroads in the country =
PRINCIPAL RAILROADS or THE UNIrEp STATES IN Acrvr
OPEH.r,oN.