The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-10-26
MONEY MARKET.


We cannot notice any features in the Stock Mar
ket Sales again been very small and without mate
rial change State 6's per cent Delaware
and Hudson !. Indiana SIS, /.
Alabama money is again better to-day. Transactions
made at l22 l3l.
The coming elections are matter discussion There
doubt but the result will be against all description Of
reputation The feeling Of the people rising strong
against it, Those who have heretofore espoused it, find
a losing game in the long Rumor states that
Messrs Boorman, Johnston Co. find occasionally among
their long list OF debtors, who disposed to refer
them Mr. Lords pamphlet for to their claims.
1t will be remembered that the Erie Railroad became
insoven the LIST of April last and neglected pay the
interest the State credit loaned to Them consequence
of which the Comptroller has advertised the road for sale
on the LIST Of December next.
The llth of the coming month"; November, is the day
fixed for the annual meeting OF the of
Erie Railroad Company The second Tuesday of October
instant the day appointed, but the directors in
power being doubtless DESTROYS of holding over
postponed until the l4h proxmo between twelve and
o'clock being short hour for the assembling ac
ton of 5000 stockholders. The companylhas been the
hands of family cques which have monopolzed various
portions OF the road The explosion of the American
Life and Trust exposed the interest connected with the
Lake Erie end of the road and business with
this end of the concern. There has been no general
election requiring the attendance OF the stockholders
since last year. when large portion of the stock, say
$500 900, rclinquished,' believe that the
word by the weathest citizens Of New York city favor
ofsthe poor the line of the road For the
coming election said there are powerful parties
in the field, headed by Eeazor Lord, Esq, and
posed Of his friends Piermon who anxious to pre-
the contract in order to build up great city in
Tappan Bay by making the road terminate that point.
The other is composed Of the honest ocxhoders who
are anxious to purge the company OF family cques and
political cabals and go with the prosecution Of
work with renewed vigor and clean hands II has been
arranged said between latter party and one of the
weathest citizens that il they successful in clearing
out those who have made the company political foot.
ball and political hobby, that he will accept the Pres
dency and aid the enterprise by very large subscription
The stockholders in the city and along the road should
be deeply interested in the approaching election and be
very cautious to whom they trust their proxies The
Secretary Of the company now canvassing the city in
favor OF tie present ncumbens retrospective glance
the progress OF the road, may here be useful I. an
appears by the Legislative Committees report that Mr.
Lord was for long period President and Commissioner
with combined salary OF So 600 per annum. He the
of James O. King ESQ., who served the company
graatosy barring the negotiation of the stocks The
following the Directors and officers about the time Of
making the assignment last spring
l. James Bowen, President. o. X. NJ Blatchford,
2 IA. l.. Person Vice do. 10 Simeon Draper, Jr.
and Treasurer. IL. G. ID. Wickham,
g. E,lw. Pierson, Cashier. IL. Gould Hoyt,
a. J II. Pierson, IL. John Haggerty
s. Eleazor Lord H. WIN. Kent,
6. David N, Lord, To- Geo. Oriswod,
7. Elhu Townsend, 10 Freeman Campbell,
8. W. II. Townsend, IL. Charles Hoyt
Nos. Iio aud 10 arethe welllsnown executivel commit
tee Of pipe-laying memory Nos "a, and bear to
each other the relations brothers. fsthersnaw
and brothcrs-in-law. No. 10 is sonn-law of No. Ia
Here have the cliques which control the undertaking
which the State called pay sums in addition