
MONEY MARKET.
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Stocks are again the decline. The market is IN
very curious state There erpenrs to be very little con
Hdsnce disposition to operate and the fluctuations that
take place from day day show the feverish state Of the
market. One day there will be general improvement,
whom the most worthless stock in the list will advance
the next there will be very general decline when the
good and Indifferent all tumble down together At the
Board to-day, quotations fell on throughout the list
stonngton declined per cent; Norwich and Worcester
Il Erie Railroad !; Reading Railroad d Pennsylvania
SIS, 1; Long Island, /; Canton, Il Harlem .; Ohio 6's
closed firm at yesterdays prices Texas Bonds have
within few days past, been quite active at the Old
Board One large apscustor has got hold of large lot
and we may look out for movement to some extent It
requires great faith in the Of the annexation par
ty TO go in very deep into this operation


There has recently been very great falling on in the
fail trade and jobbers have not within the past week
or two busy they anticipated The early trade
with the South and West very active, and this activ
~ hopes that the season would turn out very pro
n,ohle Large purchases were made early in tho
sason the strength OF the prospect at that time and
the obbcfx have hand much larger stocks than
their trade requires This is not the only difficulty under
which they labortheir stocks have deprecated In value
very much since the carly purchases and arc daily
bscoming less valuable. The immense importaons have
overocksd the market and the importers forcing of
supplies Al yet this movement has not been carried to
any great extent but the advances and the 10
oa trsds dinnss the auction houses must be used
chsnns to 1eGucs the stocks Of the importers and
prices experience very great decline. Foreign
manufactures in the hands OF housss here, commits
sion, which have been held for sometime for higher
prices those curea cannot be kept out Of the
msrks. much longer They must either be exported
Tho oss them greatly increased There is very little
prospect Of very large expectation Of recent i'm
ports There may bs few lots returned but the home
market fully supplied that greater loss would
doubleday be realised home than in the markets Of this
couatry.


Foreign exchange still keeps up. Sterling bills are
Arm at % 10 per cent The demand is at present very
limited The steamer OF the first proxmo from Boston,
must take on. very large remonces. The time is
very hand when orders for the springs mporta
ton must be made out and forwarded for manufacture
Before this is carried to any great extent payments for
purshases already received must be made. This will
compel the importers to remit more rapidly and largely
than they otherwise would under the existing state OF
commercial affairs here, and therefore look for very
active demand for exchange very large shipments
Of specie within the next sixty days.


Domestic exchange is very inactive The state Of in
ternal exchange regularthe rates
reduced, and the enquiry never more limited This
business has become nearly useless there is little profit
attached the transactions that banks have nearly aban
donsd the business and individual houses do not make
any efforts to keep up correspondence. Our quotations
.Ivo amin 81