The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-20

WEDNESDAY March l9-o T. NJ
There was particular variation In quotations fol-
stocks, to-day. Operations were slmost entirely con-
fined to Reading Railroad stock the transactions in
which were quite large. Most of the other fances
were heavy and the market closed dull and depressed
The general complexion of the market is caused by
the contraction In the movements Of our banking In.
stitutione the scarctyof money in the street The
demand is full great the supply, notwithstanding
the increased rate of interest and 1t is the prevailing
impression that the stringency will continue for some
time. Much depends, however, upon the character Of
next advices from Europe and from California
The contest going Reading Railroad has thus far
been In favor Of the bears and the prospect BY no
means encouraging for the bulls. The recent reduo-
ton in the charges for freight has created cousders
bic anxiety the part of holders and the desire to
realize Is daily increasing The schuylki Navigation
Company has published its tariff Of charges, to remain
in force until further notice The rate per ton for
the entire length is e5 cents and proportionable for
shorter distances The difference per ton between the
Canal and Railroad 10 96 cts and this difference will
be maintained throughout the season The announce
men that these rates would be continued until further
notice shows that the Canal Company holds itself In
readiness to make any further reduction necessary
Nothing but two three eshets, similar to those Of
last year. can save the Reading Railroad Company
from heavy losses.
At the second board, Canton Co. fell of Ia per cent
Erie Railroad, u Reading Railroad, u Erie In
come Bonds, q; Harlem, u.
The steamship Pacific, for Liverpool, carried out
$3l7 $40 in rpece follows $500 900 in American
gold sI1oo In gold dust sl575o In British gold and
81 600 in British silver The Hsvre packet takes out
1912 o4o specie $50 ooo in Mexican dollars 500 900
in American halves, S55 SIS In American gold, So 200
in gold DUST and $525 In gola thalers.
The receints Office the Aaeistaut Treasure
OF this port day amounted to sl4 os2 pay msnts,
$l27 ,9el 20; balance, SO, 500 ,9s975.
1t 10 stated that the Free Banking Bill has passed
the Senate Of Pennsylvania. It's fate In the House IL
smpossible predict. 1t was however rapidly gain
ing friends.
The Philadelphia Wilmington and Baltimore Rail
road Company have declared . semi annual dividend
Of two per cent, payable on and after the frst Of
ApIn.
general Banking Law has been projected by the
Wisconsin Legislature and passed by vote of fonr
teen to five in the Senate and forty to fourteen
in the House The question is 10 be submitted to the
people and approved then the Legislature have the
authority to establish general Banking Law, or to
charter banks, beyond tepeal
The police Of jefferson county, In the State Of Mis-
souri, have detected and sci ed quantity Of counter
felt paper and likewise the machinery ana materials
usei in it's manufacture.
The paper secured was Of the following deserip
tiop Missouri s5os filled up. sa5ooo Treasury notes
$500 partly hed up Sl2 400; Treasury notes $500
partly filled mp, Sl2 400, large quantity OF Hamil
ton Co, Ohio, ls and SIS mutilated. large amount
OF Manchester S3's do do. Georgetown q. C) t20's
do. do. South Carolina Sl00s and s600's; several
Georgetown. % C) SlO0o's; Augusta ga tl0s; Ia
diana State Bank $500; Louisville, (Ky) S-'s Ken.
tucky State Bank f5's and $685.; Lafayette Cinein.
nsiD l0's; North Carolins $500; Merchants and
Meet s5ic. Bank Of Michigan So: o.tssa tnontrsall
$500 scrip; Montreal (Frsnch) SIS; and nunerous
denominatir Of bills the Farmers Merchants and
Manufactures bank, Of Chicoths
The annexed table exhibits the quotations for the
principal public stocks In this market at the periods
named -