The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-03-09
MONEY MARKEr.
Monday March s-2 r. n

The bulls cannot sustain the market, and the fances
fall off, in spite Of all they de- 1t ia useless to dis
Erss or TO attempt to Disguise the fact that pri:os for
fancy atocks and every thing else settling down upon
pure specie basis. Money is and likely TO con-
tinue tho banks dare no: expand, but the
contrary they must soon commence contraction
There is help for III they are in the hands Of the
independent treasury, powerlsss and will be CON-
PEELED to cSnfne their operations entirely to Legitimate
channels, avoiding all loans upon thing connected in
any way with speculative movements.
The sales to-day at tho stock board were not large
but the decline in prices general Harlem fell cf><
per cents Long Island, u Reading, Il; Norwich and
Worcester, u; Canton, Y; FarGers' Loan. y; Illinois
Bank u Morris Canal went upk The stock market
is in bad woy-there is no health in IT,
At the second board, prices fell off another fraction
Illinois Bank declined u p,r cent; Harlem, Nj Norwich
and Worcester, u; Farmers Loan, u.
The business operations Of the Reading Railroad
Company have been somewhat restricted lately, and
the quantity Of coal sent TO market for the week. end
ing the 4h inst only IL, $40 TONS king the total
for the season l44 Ala tons.
Vessels were very scarce at Richmond the depot of
the Reading Railroad the Delaware and the stock OF
coal was accommodating. This is an unfortunate Occur
just now, account of tho high price of coal As
the advances the price Of coal must Decline and
dealers will therefore lose the benefit Of present prices
in quenco of there not bsng supply oil vessels
to take it market The rates Of freight co,l trans
ported the Reading Railroad from the LIST of March to
the LIST Of July, this yesr. have been fixed folio
From Mount Carbon Philadelphia, 81 90 per ton from
huyikill Haven, 81 A; from Port Clinton, 81 IS To
Richmond, from Noun, Ca bon 81 40; from schdylsiu
Haven 81 so from Port Clinton, 81 10.
The trade between this county and Rio Janeiro, in
-four during the past year. has been to about the unuai
extent. Tie importation and consumption OF hour du'
| ii
| FLOUR TRADE OF JASEino-Is46
Stock In fret hands Jan L. ls4a. 10 200 barrels
Imported United States. in ls4s. ..ie3 Ias
from Europe, &;... ....... IL III
Total supply, Is4o. ..... :. .aai 600
Sales for consumption and export in .
loas. 5000. '''1oo w"
Stock in arst hands Jan. !, ls47. 80. 2l,Ooo
The annexed review OF the market for the year, will
be Of interest to those engaged in tia. trade =:
At the commenc emrnt Of the year the bakers held
moderate stocks and there being demand for the Rio
%o"d wsrs made y, aoH gH MT 81 as 30; Bsiiincrs
Isn a ISL 500 net sex ~ ,dvic's from EGG land ths n
me ,, rns rssa 70 1Sy wsre ~
| for Richmond. Baltimore atd Phll,deih'a being
more wanted, were maintained at III 1850 The
arrivals 10 July were large, but pected demand
for the Cape of Good Hope and the South relieved he
market OF II 900 bills at reduction of N 1850 per
bill at the close holders fun ut l6 baltimor
Is RICHMOND The sales 10 August 18TH were 10 900
hbis at ISL 500 1911 Baltimore; Nh ls for Richmond
Inc NINsls Honi mat uthe were Nefy nedvv, being
81 900 to the end Of the month The usual time Of ari.
val Of new honr being near, although the stock Of
bette quality tnan the ne would be for some time.
alarm taken and sales of PHILADELPHIA made 2s'h
at 1911 and sist cargo Of fresh Dance at la ,0o
being reduction of 800 per Dol in three weeks In
september the arrivals moderate bu, cousider
sales were made at very low prices; the impression
being given that the crops 10 the United ates would
very heavy prices lo~ and large shpme in
sequence Of the determination Of holders not he
left with any old ON hand Richmond sold at ltu l6n
300 o. Dance end Columbia M 500 a 1911. Richmond
Country 2T and Baltimore 1000 Some holders OF good
-four retired With their stocks beng convinced that
was canse for alarm In October the arrivals were
rather large but holders enabled TO obtain
prices assisted by the accounts of the sho, crops Eu.
rope and the certainty that the exports from the Uoei
States would be moderate especially OF Richmond city
New Gsllsgo arrived goth, and was sold at le 600