The republic. [volume] (Washington [D.C.]) 1849-1853, 1851-02-07
[coanrsrOsDEscr OF THE nrpgpllc.I

Disappoi,.tnsnt at the Failure Of Aunt Bal-Scar-
cify of Small Coin-Stocks siiu Falling The
Dcfa,lhng Stock Broker-A Scott Paper-1ne
Preferences of Neio Yoyk--Ine Joirnessnerl Pyfn-
ters-7he Caprices Of Trade -NeiD Opera House
Weather, Sleigh Bells, and Ice Dealas-.A Ms
n0meT.
New YoRK, Feb. s. 1851.
Great disappointment has been felt day in
Wall street at the defeat of the New York Mint
bill; it had been confidently reported that the bill
would pass in spite of the opposition OF Pennsylya-
MIA. But our people are too busy to waste time in
complaints, and the matter would be soon forgot
ten were it not for tho daily Inconvenience which
everybody engaged in trade experiences from the
scarcity of small coin. The banks every morning
purchase, at premium of three TO four per cent ,
silver enough for change during the day. The
last steamer for England took $500, 900 in silver
nearly all American half dollars; and the Arctic
to-day will take Sl25,000 in silver. The steamer
Fremont, for San Francisco leaves To. day, via Rio
de Janciro.
The fall in the stock market continues; and, not
withstanding the growing abundance of money,
which can easily be obtained at lcss than six per
cent, there are no signs Of recuperation; nearly
all the "fancies'' this morning touched a lower
point than had been reached before since the de-
cline commenced.
The examination OF Ray Tompkins, the default
ing broker, has not yet boon concluded; but there
seems to be little doubt of his fraudulent inten-
tons.
There has been some talk here OF establishing n
Scott paper; but do not learn, upon inquiry into
the matter, that any responsible names are con-
nected with the movement. The prevailing opin-
ion among all closes of Wings in this city. SO far
as have been able to learn, seems to indicate that
l. 4.
York, at least, for the next term.
Apropos Of newspapers At meeting of jour
neymcn printcrs, yesterday morning, in Tam
many Hall, MIR. Greedy advised them to start
paper Of their own, and be their own employers.
The printers are trying to compel their employers
to pay higher prices, and many of the principal
offices have yielded to the demand.
The course of trade is irresistible, but sometimes
capricous, and moves in directions contrary to all
calculations or possible foresight. That part of
Pearl street known as Hanover square has been
from time out Of mind the fayore location for inn
porters of French manufactures and jobbers in dry
goods; but it is now deserted by all that class Of
business men, and shipping merchants, grocers,
auctioncers, and liquor dealers, have taken their
places Broadway has become the great dry
goods mart; the last of the old hotels remaining
below Saint Paul's church, the Franklin House, is
now being altered into stores for dry goods dealers
The hotels keep pressing higher and higher up
town; and there is now project on foot TO build
hotel higher up than any existing, and on
more magnificent plan than any thing yet at
tempted.
The scheme Of new opera house has not yet
taken any definite shape; and the i'll success of
Maretzck the present season, will not be likely to
increase the chances for rival of San Carlos above
Blocker.
The weather continues remarkably warm, and
all vestiges of the slight snow-storm we had last
week have disappeared. There has been but one
jingle of sleigh bells heard in neighborhood
since the winter commcnccd and it ia doubtful
whether the ice-dcalers will be able to lay in suf-
ficient stock for next summers use. Although the
winter has been 30 warm on shore, it appears to
have been severe enough at sea, and every ship
that arrives has her figure head and bobstays
crustcd with icc ship arrived from Liverpool
yesterday called the Laconc--a strange mis-
nomer-after passage of one hundred days. Such
a fact gives fresh hopes that the Atlantic may yet
be heard from. S. X. s.