The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-04-30
COaM NJ CiAh ARFAlRk.
MONEY mARKNT.

Just the session of the frs board commenced this
morning. 1t was announced BY tss graph that the
ship America from Liverpool, was in the onang. This
fact had favorable ndusncs upon the markets and be-
fore the nature of the known, advance OF
. fraction on most of the fsnoles realised. The
feeling that the long period Of doubt and dstrust would
soon give place to something Of definite character
created . buoyan ia the market. Previous to the
PRONUNCIATION of the EuropsAa Intelligence Treasury
notes advanced per cent; Long Island u; Harlem u;
Canton u; Norwich and Worcester u; Morris Canal
lk Reading Railroad /. All others remained nrm ct
yesterdays quotations.
About O'CLOCK, Al Epra Herald Issued, CIV
ing full accounts ofthe political financial aud CONNER
ca news and Il spread Into every section of tn.
city had very favorable effect, and the relief
per!oncei by al CLASSES engaged in commerce. wss for
the moment greater than have before In long
time. Many who have considered themselves bank
rupred fad that they have bseu more frightened than
hurt and those who have been terribly panic stru
wonder how they could have been 50 timid. The
Wheels of commerce had been almos. completely stop
ped, and there disposition to either way
until all doubt was removed. Many bill drawers
refused to sell exchange, and the greatest spprehen-
sion existed relative to bills previously drawn
and running to maturity Bills to very large amount,
the return Of which expected have been paid and
the necessity for large shipments Of specie removed
The news on tbs WHOLE is much more favorable than
generally anticipated. and the effect upon this Market
thus far has been satisfactory than any accounts
have received for many months.
The financial or commercial movements on the other
side do amount to much far tho continent IL
concerned everything still remained in the greatest
fusion At Antwerp and Brussels, however, the 90.
counts como much better. Money getting plenti
full, and confidence becoming restored The oom.
ercia bills falling due the 3ls March, and two sub
sequent days. lad been met with extreme punctuality
Out Of 1900 bills held by the Bsnque do Bslgique,
only 100 sent to the notaries Of which A
paid prior to protest. leaving only 60 for psoteston
The situation Of the snk Of France becomes, was
expected, more critical every week. The amount OF
specie been diminished during tbs late events the
extent Of and half million francs, and the specie
Of Ats branches reduced to two and half million francs
Overdue bills have increased 7-l2shs and the amount
of protested bills from 500 sal to 7l4s,679 francs
There has also bsen large dimiuutou In the amount
the credit of the treasury from 90 sa3 s76 francs
had declined to 40 1891 500 francs.
It had been announced that the Bank Of France was
about isus bank notes Of IS and so As
the plate could be engraved, and sunlssnt number
Of struck on tbs provisional government to
decree suthorisng their ISSUE and making them
. legal tender.
The advance In oonsols indicates the impro in
the public mind and Ia the monsy market, Of England,
and the renewal of conf ienoe everywhere marked
With favorable change In prices for public funds
Amidst the tending to depress prices for cotton
tho market very Arm, and there ia no doubt bu
that, politios! Affairs get somewhat settled
down. there will be improvement in this important
staple. There had bsen . slight advance In corn, and
the market at the latest dates exceedingly active
The quotations Of State stocks In London, at tn
latest dates were for Alsbsna SIS 65i Indiana SIS 70; II
iinos ss 81; Louisiana So IS; Maryland SIS 70; Masss
chusetts SIS 96; New York SIS SIX; Ohio 6s ST. Perm
sylvauia SIS IS. There . moderate inquiry 81
these prices, and the market closed Arm. =
We have the unpleasant duty of announcing an
other ext failure in this city One Of largest
shipping house, principally engaged In the Baltic trade
has been forced to suspend and the amount of liabilities
Involved is very large This failure has been directly
produced by tho revulson in Europe and tie complete
arrangement in ell the commercial Affairs Of the Con-
tnsnt. We trust the favorable sdvices reosived
by this steamer will enable the house alluded to
sume that position in the commercial world
which unforeseen circumstances deprived 1t Of.
The amount Of coal transported the Reading Rail
road for the week ending the 27th inst, 80 SIS
TONS making the aggregate year 2s $3.50 tons Trans
portsd on the schuy kill Canal last week 900 TONS pre-
vously tons total BY canal 80 ssa tons Aggrega
receipts from schuyk region this sa5 asl tons