The New York herald., 1845-03-19
MON EY MARKET.


There was q slight Improvement 10 day in the Stock
market far quotations concerned Transactions
in fsnsiss Gle were very limited the improvement in
ton advanced per cent? Norwich Worcester, , Erie
Railroad. Canton. u; Long Island Il Morris Canal,
1; Pennsyivania Ii Farmers Loan j illinois, |; East
Boston, 4; Harlem Ohio 6's Kentucky 6s and Mohawk
closed firm at yesterdays prices Sales Of Pennsy Iva
MA SIS, to extent were made at the Improvement
The slight Improvement noticed to-day in the stock
market cannot be sustained, unless the brokers
eved of large portion of the stocks they hold by
new and fresh operations The bears have within the
past few days sold large quantities CT fancy stocks and
the OF supply in the hands and at the com
possible bas caused the slight reaction day Prices for
many stocks in the list still too high and it appears
at present impossible to prevent further decline As
have before stated there great want OF operaors
rather specuators from the mercantile and other classes
Last Spring when the geat speculation that TO
crisis In June commenced, the merchants doing
very extensive business, money abundant and very
cheap and those who occasionally specuated in stocks
amounts in stock ooeroops Now business vsrv anil
compared with the time last year; money not
abundant, and the rate OF interest much higher The
great extent very doubtful, and their resources
IN every way contracted and not available. con-
sequentiy the mears OF those who have heretofore
occasionally engoged in operations are SO much re-
srcted that they are compelled TO retain every dollar
nsy can rae N Their legitimate business end leave
these circumstances, any mprovent quotations for
socks out OF tho question but the contrary far her
decine must be expected In connection with these facts
the movements OF the banks not be lost sigh Of
contraction in their movements will without doubt ce m
about tho first week in April and we are inclined
to believe WILL between that time and the rst of Nav
be very great The nature Of their loans is such that
change kind must be made before quarter dav
in consideration Of the recent decline in quotations. the
reduction OF margins and the depreciation Of securities
the banks will be compelled to protect the selves call
in loans very great extent All these things advance
tho interest of those bearing the stock market which,
with their individual efforts to depress prices,
hcs them to regulate the market any way they pease.
Nearly every stock broker in Wall street Of large capital
and oil extensive means is at work bearing the market
Aher they have accomplished the object they have In
view, many will become bulls, and after the banks have
made their returns for May there may be improvement
IN prices opinion now is that prices
must recede still further.
Gov Barley of Ohio has issued his proclamation, call
ing metting OF. the Bank Commissioners at Columbus
on the ishin The board will then organize act
applications from banks formed under the law and take
me steps to organize such banks and put them
The bill TO appoint Commissioners 10 examine the books
accounts &c Of the Board Of Canal Fund
OF Ohio and the ooks Of the transfer of Ohio In
the city OF New York. passed the Senate OF that s,ate or
the Sth inst IL ~ about time that the affairs OF ,bis e
partment Of the government overhaued and exno
scd The credit of the Stste i'll be untarnisbed
until the uncertainty aud mystery that have 80 long
cl upon its finances removed
The increase in the receipts Of Wool tide water from
all the canals OF this State in compared with Is4s
very trhng per cent on the aggregate qua tity ro.
ceived