Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-06-25
MONEY MARKET.
pIomdny. Juue Sl-6 II. M.

There was better fee the Stock Exchange to day
North American Trust and Banking Co improved per cent?
Canton and Utica Railroad The prices OF Saturday ior
other descriptions fully ssstased The movements
Wall do indicate any thing Important honied
men and Other. are awaiting the arrival Of the Liverpool
before operating extensively .aksg any movement
in commercial affairs The by the Cambridge IS but
three days later tended only ncresse the anxiety
fer later intelligence from Europe.
The Gst banking association under the bask law IN
Georgia been formed at Rueksrsviile, Gilbert County,
with capital o 5000 be increased to larger amount
The Georgian law formed with pretty the same features
in as the York General Banking Law The only differ
is that negroes can be osged with the Georgia Comp
troller as security the bonds and mortgages
Proceedings commenced against the Bank Of Wis.
consn An attempt have been made TO out writ
of injunction and close up its affairs
The dry goods merchants in this city and country prosa
by at this better condition than other class,
IL except the ron-monge Since the great explosion IN
the spring 1897 they have gradually and eecuay
their position aud in healthy state The heavy
spring has been nearly cleaned off, and the
comparatively empty and ready for fresh sup
plies The trade from the southern points has dimn
hed great deal aud gone Phiad pha and Baltimore
We the early sprHg trade aud all those in Mississippi and
the other southern aud southwestern States who would not
could pay their debts Of the disruption and
the unsettled Of their monetary affairs But by the
depey Of t. trade Baltimore and Philadelphia,
chants are not affected in tie least although and gem
orally supposed be the Ey in the spring the New
York city dealers slightly felt the dimnu,io, but
the merchandise was swept from these southern ar.
their merchants compelled here for supplies, and
in this manner dealers disposed of nearly every
tigc Of IN. immense spring importation.
The New York dry goods merchant, have completely re-
gained themselves from the revuson of 1897 that they
making extensive arrangements for large l trade although
~ The Cambridge learned that the orders received in Eng
land fsr manufactures small and the mercantile classes
.,nccd some surprze tcrea But this j. easily explained
Anterior the organization Of steam navigation
merchants were order their goods early April
and the FIRST of May but since the establishment Of the
or. they nearly month longer consider and watch the
here Consequently instead fendns their
Nv the packet. fihe middle OF April they despatched The b
the Liverpool steamer, which sailed hescc the 18Th u
and from that time TO the departure of the Great Western
the isth inst they have gone forward.
From all hear the orders have been large being an
increase &c 10 per those of the M Of Iss but al.
nuon or fully 20 per cant from the importation Of 1896 the
overradns The merchants got out Of
their troubles ard began to improve in healthy business
M and have advanced then with rapid strides TN they
have arrived At the position they occupy The immense
production. Of this year will wipe os every and mark Of
the late sever. revuson and heaceorh and hereafter the y
rood, erc.ts Of hi. city and country viii forward
Increasing as they 70 business unless they again run wild
With mad speculation and trading.
The great Of the day the process eqaza.
on prices of the leading staples Of the country Since
lie pr 1897, high prices have been prolonged BY general
ordinations under the saacton and support Of the banks
Thc combinations have caused great portion &C The deranr-.
pn IL the internal exchanges, which have long afflicted
al still aitl the country The reaction began time
in aour and provisions the prices Of which mode
ode like process in has begun in England and in
a. ce c prosperous do what can prevent
~ rr,ce Of hi. staple from being reduced natural and mo-
d.rtere Forced 10 trade always end IL diss
4, When prices values demand, consumption aud proauc
80. are left L. fad their level the trade exchanges anC
al % nmercial operations are healthy aud sctiye
snIc- at the stock txcbnngc.
M pa,k ~ oumerce lO0a3Vo Del Hudson 50IaTl Oh
NJ DocL 100 10 Commercial 1000 Atlantic Brook ~
o. n M, chanc Bk A. s6-l55 A n III Co 1s.sOl /
O,.us ity nj $50 Ohio r l04-lOU Bk lIs- IN,
vcLshurr i6aa7l--l5 IN ~ Kentucky s7a2i Jackson
Co 500 Washington 500 qutahle ili2o Gontribu
tionsbr ios-l7 Seventeenth Ward 7675 Canton 3sa 3ql
SO Mohawk u CO., 60a-27b Patterson RG0a6i-i7S IIsr
ctr ola5osss s,onsnsiop 2sa2s5 Utica i22 50 Long III
aud 5ls.