The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-04-28

MONEY MARKET.
Monday, April Ats r. M.
The Stock Market was not so buoyant today, and
prices have fallen Of fraction. There il demand
for money and the banks about closing up their
quarterly reports cannot expect any improvement
until after the LIST proxmo Monday ia usually blue
day. but the impre In the street That the week
will be heavy. Ohiosxes, Morris Canal, and Canton,
closed at Saturdays prices Pennsylvania Hves fell off,
/ /; Harlem Reading ! Norwich and Worcester, /.
At the second board q further decline was expert
enced in Harlem and Norwich and Worcester The
market closed heavy, and there IL every probability Of
prices reaching the former level. We anticipated 70
action, partly Of tho rapid RISE and partly
because there real for the advance realized
The Bank of Cape Fear has declared dividend on it,
stock of three per cent for the six months ending on the
30th iast and the will be payable on and after the
TIN day Of May
We have heard complaints very frequently that the
monopoly enjoyed by the N Railroad companies. and
the they make Of that monopolys very injurious to
the trade Of this city There Is evidently great deal Of
truth in this the fare between this city and Phade
phia exorbitan than any other railroad Of
equal length in the country The high fare not the
only evil growing out Of tho monopoly enjoyed by these
railroad companies The public PEELED to suffer
many to time Of departure and delays
on the way, which, to business men, are Of the most
road travel distance equal to that between New York
and Philadelphia in about three hours while sx end
often eight hours passing between these
two cities.
The directors or managers Of the New Jersey Rail-
road companies imagine that their roads pro-
ducve under the high tariff Of prices they have estab
lshed than they would be at reduced rates but
they very much mistaken. II has become sssaik
shsd fact both in this country and in Europe that low
travel, created by low prices, 10 more than sum-
cieht to Offset the reduction in the charge. Rail.
road or steamboat lines between large cities, attract
vast amount Of pleasure travellers when the price
passage within the Of majority Of the people
which they would not obtain, which, in fact would
not exist at ALL the charges exorbitant The in
creased expense OF transporting the increased number OF
travellers, necessary to produce an income at low
prices equal to that produced by high prices, would bs
q small, when nesm-power ID used, a. to be Of very
little oonsideration.
The public can have very little hope Of reforming tho
abuses complained Of long the companies alluded
to retain the monopoly they have 50 long enjoyed.
Composition regulates this evil thoroug hly than
anything else, and trust the Legislature Of New
Jersey will take this matter into consideration.
Counterfeit 6yss of the State Bank of Boston, In
circulation. vgnette, denomination figure surrounded
by females-shp in the distance Female with uplftsd
hands the left end, and Of Massachusetts, the
right end. Signed J. Cell cashier, Ssml Rockingham.
president. Plate Of Draper, Tappan Co., New York
and philadelphia. Engraving bad
Tens Of the Globe Bank, Bangor altered to Cumbsr-
land r. ~ Bank, also in circulation The right hand
engraving represents two females. On European and
negro sitting the GIL be the left hand railroad with
cars in motion, and head of Franklin. Plate Of New
England Bank Note Company. The bills are well exc
cuted. and require close examination to detect the
alteration.
The bill for the sale Of the southsm Railroad passed
the Senate Of Michigan the 22d inst, BY vote Of
Nto2. 1t had previously passed the House, but was
somewhat amended in the Senate. The bill il contin,
gent upon the sale of the Central Railroad and does
not 20 into effect until after that work passes into the
hands Of the Central Railroad Company. The price TO
be paid IL half . million.
We learn that the Governor of Missouri IL ON his way
to this city. for the purpose Of selling the State bonds
by the act Of the last session Of the Lsga-
ture. The old bonds bear per cent interest," and the
act authorizes loan for any less rate Of interest,"
order to pay the ten per cent bonds.
The net and expenditures Of the Province Of
Canada for ls4s and the state Of the Consolidated Re.
venue Fund the slst Of January, 1885, were ~ an
nsxed There at the close Of the past year. very
great excess Of revenue over expenditure
FrsANcEs OF THE PnovrcE o. CANADA.
~ s,,0e, E e s,.S;; Of III. coo.od.,.S K.
s. s'.''a' /: s s:s sA! asi *
Les: amount uadsr Aetsvic.
Chap. -
csasds West. .e1.e,s1k
80 --Sia.iaa ~