The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-07-15
MONEY MARKET.
Thurstlay, July 14-G


Thursday, July 14-G p. M
The stock market has been curously influenced to-day
Prices have generally fallen particularly Farmers Loan
! Indiana SIS American Exchange Bank Kentucky
SIS per cent Harlem Railroad improved 81 from the
sales of yesterday morning. After the Board q singular
proclamation appeared the black board at the Mer.
chants Exchange purporting to from James Watt
Esq, who has purchased largely lately Of the stock
The stated that the signer was ready TO
sell the stock at 800 down. and 80 the end days.
condition that if the stock that time worth less
han SO, 49i he would forfeit the stock This was
reported evidence of insanity but created great ut
ering among the bears" Subsequently Mr. Watt pur.
chased 1000 shares at &c. buyer 80 days. advance
lays This caused great excitement The probability is,
hat if "the boys" hold out long enough, Mr. Watts mad
will extract all the stock from the street. free of cost
0 himself
At the election of directors Mr.. Morris
lected of the directors of the Harlem Rail Road by
the second ballot the first being destroyed by Mr..
Watt
In the Pennsylvania Housof esterday
Mr. Sharswood, from the committee to inv estigae whe
her corrupt used in ls4e by the banks
iegalized suspension of specie payments in
erence to the Governor members Of the Legislature
made detailed report stating that corruption had been
sed but that there had been direct EVIDENCE that the Ear
.cure Legislature had received money. MIR. Lowry,
from the minority Of the committee, made report in de-
nce ofthe Governor and members Of the domnent party
Mr. Deford made short additional report to that of the
majority stating his belief that the Executive received
art Of the $l3 AGO. which stated in the report of Mr.
harswood to have been employed by the Bank IT,
States for corrupt purposes
Yesterday sale of Bonds and Mortgages took place at
he Merchants Exchange Albany with the following re-
ults -
For The .7legany County Bank.
Edmund E. Smiths bond and mortgage for $4,000, exc
uted oath September $780, upon two lots in the city of
Buffalo, viz: lot Main street, situate feet
omhe southery bounds of Perry street. being 20 feet
ont Main street. and 10 feet Deep with three story
rane front Also lot 80 feet square, corner Of
Church and Delaware streets. 1t given security
or $1,000 Interest to the amount Of 1868 day of
sale had accrued II started $1,000 and struck off
or 50 200 Nelson Robinson, Drew Robinson Co.. of
New York
George B. Crandalls Bond and Mortgage for $40 OOO
-cuted 9Th Nov 1885, upon two lots in the city of Buffalo,
'z one lot 20 feet by TO- Main street. situated l62
zig feet souherly from the south bounds of ST.
with four story brick stone thereon also lot d.
recy in of the first mentioned lot fronting on Wash
ngton street. being 20 feet by lsO given secure
$500 Interest to the of $64s 81 day of sale,
was included being interest since the failure the bank
started at $1,000 and purchased by Watts Sherman ESQ.,
asher of Albany City Bank for $2,925.
The above Bonds and Mortgages are credited for
tI6,5O0.
The bank has in circulation S23 49, notes secured by
ea estate and stocks together. Real estate security IL
i65oo and stock $OOOO-(5 900 Indiana 6s-$5 900 New
York 5s) The stock circulation is 50 675 secured by
5000 Indiana S. Real consequently are
worth near fifty cents and stock thirty or thr
eight.
For the Bank of Olean.
Ebenezer B. Laceys Bond and Mortgage for 81 $40
;ued 18th January lsiO and falling due in u months
from It'll April ls42 2lO of land in Chill Monroe
csunty 1t started at $1,000 and struck off 81 800 to
Nelson Robinson. Interest due S5is so.
Samuel Laceys Bond and Mortgage for $4,000, executed
18th JAM lslO and falling due in and IL months from LIST
april 1872 i35 of land in Chill, Monroe County
twas bought by Nelson Robinson for 50. ioOfrst bid at
1000. Interest due $685.
Israel T. Hatchs Bond and Mortgage for $780,
ed 18th JAN $780, lot as by so fce in the city Of
3ualo situate the Of Main and Mohawk streets
secured for $500 Interest due s525. First bid $1,000
fought by N Robinson for $4,000.
Daniel Lockwoods bond and mortgage for $4,000 exc
utcd goth July ls4O lot in the city of Buffalo Q93
feet by COY situate Main adjoining the lands owned
by Robert Bush and LeGrand Marvin Interest due $685.
First bid Sl0oO-sold for $1,000, to N. Robinson
Mr. Lockwood gave notice that the mortgage had been
obtained from him without consideration and protested
the bond can be collected to the full amount.
II. A. Salisbury James Croker George w. Jonson and
samuel Caldwel's bend and mortgage for $4,000 e ed
tied for 00 executed the 2st January 1885, and pa
lble in years. 10 acres situate in Buffalo, Gen
Interest due s72s 49, LEFT security for
Started at ssoo--sod for 81 $50, to N. Robinson.
Benjamin Bowman's bond and mortgage for 1891 81, ed
ecued LIST September 1910 9o OF landn Lanca
ter Erie county, and known part No. 18th section
18th township and 9th range Of Holland Land Company
Land Started at s300sold for $780, to David Burt 9TH
nortgogee) due LIST September, lsl3.
The principal purchaser Nelson Robinson, Esq
Of the firm of Messrs Drew, Robinson Co., Wall stree
New York There seemed to be an understanding 81
tween bidders the low prices will prove. The ALI
sany County Bank mortgages worth much nor
than they brought. The stores the of $1,000
cost 81 900 more than the lots and stores brought
yether.
The depreciation on these last sales will prove IA
reacr than any of the broken red back banks which
losed up heretofore
The Courier and Enquirer OF this morning has a mos
,musng article the purport of which appears be to de-
md and apologize for the wicked and atrocous squande
ng the property of the late stephen Grard In order
show that those in charge Of the property did right IN
hrowng it away, IL that If Mr.. Grard had lived
this day that he would 'have lost it himself" II al
that he would have become great speculator an
hat he would have departed from his old system Of
,ercia banking and have lent money to every spend
ir spsculator that chose to apply for II and that,
consequence Of this his liabilities would be 81, 900 900,