The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-04-29
MONEY mARMEr.

Friday, April ass Pc N.
The stock market remains about the previous
ly reported. At the first board to-day Norwich and
Worcester advanced a and North American Trust y.
Canton fell OF al Morris Canal u, and Reading Rail
rosi y All others closed at prices current yesterday
The sales small and the feelings of speoulstors
continue worry much depressed.
At the second board there slight improvement,
but 1t was with dinculty sustained Harlem advanced
a. and fell back again to the mornings prices Treasu
~ notss went up y per cent, Norwich and worces-
ter IA
By nearly every packet from Europe, reports have
reached this country that the house OF Rohchds had
suspended payment Thus far these reports have been
premature but they are by means without founda-
ton such event is not only possible, but 1t Is high
lyprobabe; and the of the chartist
0rea Britain would bring about at once. When the
brsnbss Of this great last TOOK inventory
their assets and liabilities II estimated that ut the
valuation Of property and stock securities ct that tine
the aggregate wealth Of the brothers shou. hun
drsd and twenty millions Of dollars. The bulk Of this
imnense invested in government stocks of Eu-
rope the tseks Of this country being under great dis
credit with the members Of the house, and there
fore avoided The immense depreciation In the secur-
ties of the continental governments, must have
swept away Mt least one half OF the value
all such nvesments, leaving such houses as
the Rothuchids who have immense floating liza
bties at all times to provide for their payment out
OF the balance left in the value Of stocks In statement
We published day or two SINCE appeared that the
depreciation In the market value Of the French Funds
alone sncs the first OF February had bsen than six
hundred millions Of dollars. In those funds them alone
the holders must have boon immense losers Tho Roths-
chiiis negotiated loan WITH Louis Phpsr government
last November for fifty millions of dollars about twenty
per cent Of which had been paid when the revolution
v>lu
since been about fifty per cent most Of which falls
upon that house. as the loan was ia OF payment
and it Is very probable had been put upon tn ar.
ket OF the previous loans they have been large
ers consequently must have been heavy losers
With The other Of Europe the Rothsc hds
were intimately connected In the finances with
France and of sufferers to corresponding
extent The only investment In which this house is
venured, which amidst all the political and financial
revolutions rem aims sound aud Is really worth It's fsse,
II that in United States government stocks, and
thsy werc drawn into this reluctantly tn ough their
fnsncial operations in Mexico. By taking Treasrry
notes bearing ok per cent interest At par here,
10 payment for funds advanced In tho city
of Mexico, which funds could not have been
made available, except at @ discount Of six and,
eight and, perhaps, ton per cent, they we're drawn
into an xvsstment which not considered at the
time by the house. M being Of Grst rate character
but which has incs proved TO be better than any other
In the world ond IL Is possible they may be compelled 20
part with much than desirable II they cculs
only hold to their Federal Stocks amidst tn. wreck
Of ell hers It would give them good capital TO com.
operations in this country after the explosions
on the other side have destroyed the supremacy of
those govramsnr end placed the United States in the
proueest on ary nation Ia the world can enjoy
Ths Roh'cbilds will ad here fac asld for the die.
Play " their hnsnsisl genius, they can scraps toss