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The reason for this insignificant increase 18 round the fact that American coals are better than English, are stronger, and possess more carbon and less sulphur. The Welch coal alone approximates in quality our own. The English coals are alone imported for gas coking, and for the use of that small portion of the communi ty, the codfish aristocracy, who believe everything foreign is better than our own. There is much more probability, and coal proprietors feel much more like sending coals to Newcastle, than having apprehension of Newcastle coming to New York. The suspension of works in Schuylkill grew out of the hue and ery that ceal would be a drug; that low prices would rule; and the advice so extensively given in the wise journals of Wall street and elsewhere, has produced the result. Of course the miners would stop sending their commodity to a market that was overstocked. The supply was very short The dealers of small means, who retail coal, could not sell any, and could not receive and pay the freights on their winter stock. Of course the miners stopped sending and men have stopped mining. The Cincinnati Gazette, of the 17th inst., says:The money market exhibibited no new feature to day. Although in some instances more ease is experienced than we had any reason to report last week, still borrowers find it difficult to obtain loans; end from the general condition of affairs, the report of "extreme stringency" may be continued. Rates of interest are inregular, and are generally made to suit the views of lenders. Eastern exchange remains at ½ a 1 premium. Under a temporary arrangement with the bankers, the notes of Covington, Cincinnati and Lawrenceburg banks are not returned for redemption. The general arrangement has been signed by all the bankers, and the committee are now in correspendence with the banks that are expected to become a party thereto. No value has as yet been placed upon the notes of the Newport Safety Fund Bank, but the brokers talk about 20 a.26 cents on the dollar for the small bills. It will be recollected that the charter, as originally granted, did not authorize the issue of notes of a less denomination than five dollars, and these were secured by stocks and mortgages. Subsequently the charter was amended so as to authorize the issue of small bills, and for these no security was required. The*circulation, we understand, is composed chiefly of the latter. It was reported this atternoon that the Attorney General of Kentacky had ex. pressed the opinion that the securities deposited with the Auditor of State would be applied to the redemption of the small as well as the large notes This would place all the bill holders on an equal footing. Stock Exchange.
