The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-05
MONEY MARKET.

MONEY MARKET.
Friday, june 3O-6 p. M.
There Is nothing In w all street. One two OF
the fancies fell fraction at the first board but the
sales of the stocks generally at prices current
yesterday. II Is very unusual. at this easou of
the year fer .uch inactivity in the market we have
noticed within the past week two. The money mar
ke Is not easy generally anticipated previous
to the being taken The stringency caused par
TALLY, doubt. by the demand for the payment OF
call made previous to the opening of the bids for
the sixteen millions of dollars uired by the govern
msnt These loans are called in for the purpose
of pa ying up the fr,t insament to the government
and that instrument payable in specie, it tends,
in measure to tighten the money market. As
the government distributes this specie in max
ing its expend the market will be relieved
Another the tghtness at this partic uar juno
ture the large amount of money in the hands of the
and incorporated companies in all parts of
the country reserved for the payment of interest and
dividends the LIST July. This will be let oue
In the # the next sixty ninety days. there
will be money enough in the market for all ordinary
purposes and We have doubt the rate OF interest
will rule per cent below the legal standard.
The Con ptro er has given not that the interest
the city debt, payable the LIST of August will be
paid that cay by the city chamberlain, Shepheid
Knapp, Esq, at the Mechanics Bank.
The semi-annual interest OF two per cent the In
diana Elves will be paid the LIST of July by the
State agent, in Wall street
The Bank Of Metropolis Washington, has declared
scmi-annual dividend Of three half per cent,
payable July LIST,
The Commercial Bank, Albany, has declared a divi-
dend of fur per cent for the last six months payable
LIST Of July
The annual report Of the Commissioner of Patents
presents very interesting tables relative to the
productions United Statos the quar- grain
&c raised in each State and the aggregate value of the
agricultural products Of the country The returns are
up from the best data and therefore to be re-
lied The difficulty of obtaining full reports from
every section of the Union such that due allowances
should be made for any detect, particularly as the
returns made rather below than above the actual
tent Office for 1S47 is much elaborate than those
Of previous years comprehensive in the subjects
treated Of and altogether work of vast mpora to
the agricultural and commercial classes. Whatever
imperfections may have appeared in previous
ports and may exist in that for 1S47 they traing
when take into consideration the imme amount
Of correspondence compilation, &C. necessary put
into shape such immense amount of information
derived from such multiplicity of sources In this
department. of statistics far in advance Of any
other nation. and the bureau frsm which this report
emanates, is admirably organized, that future
returns will be more perfect.
The United States cover such an immense extent Of
territory enjoying such variety Of climates such ex
of temperature such fertility of soil that
productions must exceed those Of any other country
the of the earth In the event of unfavora
BILE being experienced in section, and the
crops of that section destroyed injured the
the country may have escaped and the aggregate
duction updminished. 1t is hardly possible in the
of the laws of the crops of the whole
country should be similarly affected, for good or for
evil and are therefore, sure of an abundance. In
Great Britain, where the harvests likely be
fcient from the cause where the crops from one
end of the kingdom to the other in danger of
jury from the same storm, the same drought, the
disease On the continent similar disasters swept
from end to the ether destroying the growing grain
and endang-rng the harvests Of the husba ndmen 1t
is only in this country where dependence be placed
upon abundant crop and the nations old world
have supply Of breadstus this side the Atlantic
which be made available at any time Whatever de.
fciency may in the hsrvess abroad there is no
danger OF famine starvation always ready
to feed them Every degree Of latitude and longitude
added to limits not only increases ability to
produce, but gives us better guaranty of an abun
dance in the face Of unfavorable seasons
We annex tables showing the population and pro-
duets Of each State in the Union in the year 1s47
POPULATION AND PRoDUcTs THE UNITED STATES