The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-08-11

like the Croton, viii flow in upon But time, who,
it is said, ever NEEDLES With advised schemes, and

like the CrotOn viii flow in upon u.s. But time. who.
it is said, ever NEEDLES with il-advised schemes and
delights in perplcxing the mind Of the intriguer
steps in and demands her dividend from sundry rail
roads, Parker Vein coal companies, Phenix COM
pany, ana the various "copper" zinc and other con-
Germs whose Offices in the neighborhood Of Wall
street are now to let" show that somebody has
suffered some, and, as is said by the razor-strop
man, there are few more left OF the same sort"
Coal in the ground, it is now understood cannot
lie reached without science labor and expense; nor
can 1t be carried to market, over mountains over
hills, over dales, or imaginary distances, without
absorbing the profits. At the Mines shafts must be
sunk, gangways and breasts must be cut stationary
engines (and powerful ones, too,) must be erected,
railroads and rail cars with horses attached must
also be provided; houses for miners, and breakers
Tor coal, with pumps, blacksmith shops, and sundry
other articles too numerous to mention must be had
or provided before the colliery is in working
condition. These items, with their contn-
gencies, contribute to the cost of the article;
and If we add the rent of Offices, salaries to pre-
sidents, &C., &C., we must discover that cheap
coal in the New York market is alone de-
pendent upon the management of the Reading
Railroad In the regions where experience directs
the operations Of the trade, and where common
sense presdes the destinies OF the people it is
fully understood that coal cannot be put in the cars
for market at less than from 50 to 50 rs per ton
and that it cannot under the present rules Of freight
and toll he brought to the wharves at New York for
less than So rs more-making IS so FOR 2,24O lbs.
Then, il the carriage to the yard and the carriage to
the consumer, with the rent and other expenses are
added, it will be discovered that So so per ton will
q mi noar n fho Ioalo Rpf
the 24O lbs. the weight of driver and few pounds Of
slate, with those in search Of cheap article will
settle the question The dealer can sell ut the same
price he pays for coal and make fair profit by the
difference in weight. Coal dealers buy by the long
ton, and sell by the short ton. This gives them ten
per cent profit, deducting expenses Of carriage.
Many dealers, we are sorry to say, make greater
profit than this, by giving less weight good fat,
heavy driver, will prove quite profitable in the
course Of a season, and such men are in demand
among coal dealers.
The New Orleans Crescent OF the Sd inst. says
Our own money market il iucuating the offerings to-
day were heavy and largely in of the of
the banks, and the street there calls and
the demand for loans the increase. Some paper
short dated placed at per cent long dated rules
at 10, and second grade at IL to IT, with single
names or rather with only name, looked respon
sibe he other being unknown) going at 10 to Is per
cent The banks which fortunate as to have any
thing above the requirements of the law
themselves strictly to short paper 1t will be observed
that the specie basis is considerably reduced; and in
September October and November before exchange
be abundant there will be large calls for specie to meet
mpost duties fall mporations from foreign countries
II the past month, July is taken guide, there will
be increase Of duties last year. Al people will
encourage the importation Of silks costly millinery fine
broadcoths with endless amount Of gcwgaws need
not be surprising that rather stringent condition of
money market should intervene before the full opening
and heavy arrivals of cotton and sugar in November and
December next.
The following, from authentic sources is Interest,"
The amount OF duties imports at the Custom House,
New Orleans for
..hy, 1000 Was.. Si,''olS
July, 1854 was. g.. 23l
"u's, 1000,
The excess Of the last month July 1854, is equal
10 Ia per cent This is than prepared
expect As the regular statements are prepared
shall furnish the different kinds and value of
| disc composing the importations.
CoNP,?AT,E CONDITION BANKS THIS CRY FOR THE