The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-11-09
MONEY MARKET.
Tuesday. Nov. SO p. M.

Tuesday, NOV. Go r. WI.
he excitement of the elections and the nclemency Of
weather, have not improved the appearance of the
kets The sales at the stock board were to the usual
nt, with little better feeling in relation to prices
State per cents u per cent over the last SALE
lucky 6's /; New York State SIS of 1858 (; sonington
ere was no change i'll Harlem, notwithstanding the
s of the stock obbers 10 sustain the price, with the
of saddling innocent third parties with worthless
k. They WILL however not succeed in getting
II of the stock before the road dies natural DEATH
bles of Treasury notes were made to-day
bar with the interest. The demand for them, for
IONS glanced at yesterday, has fallen off, and the de-
g in the customs lessons the application of them in
quarter; should they fall to discount to make
available in the discharge of dues to the govern
IT, the whole revenue collected would not absorb
~ of them.
western paper, in copying an article from this pa
on the Indebtedness Of the State of Illinois, remarks
we were in in stating that that State
he first to repudate We pleased too this de-
to cast off the odium Of reputation. 1t looks like
I'm to better things but the statement is nevertheless
In the early part of the session of ls4O the Illinois
islature actually passed resolutions regulating
ke portion of her debt, and it not until three
afterwards that those resolutions were reconsider
and TeSClnueu, on the representation OF certain OF
members in relation to the disgrace which would
nd them. Sorry are we to record that the spirit Of
|se resolutions has up to this time, actuated the peo
of that and some other; States. We trust, however
b at the coming session something will be paid
counterfeit has made its appearance at St.
|us, and is thus described -
The note before us is of the denomination of 500 on
mother bank bears date the LIST of July, 1885,
Ter B. No. 1885, and is remarkably well executed both
regards the engraving and the filing up. The points
which it differs that the paper has biueish cast
/ is much thinner than that OF the genune-the sigma
les nearer the lower line Of the noe-the note
chilly shorter than the genuine and the cast of the
hd Of Gen. Jackson in the lower right hand corner
fker. Upon the whole, close inspection will be neces-
~ detect the counterfeit from the genuine notes.
party paper recently headed article with the fol-
Wing -
Bur coasing trade has quadrpied within the last
hrshs is owing to the Protection Civ to it by the
us OF the country.
The sagacty of this remark is wonderful The ncreas
of the coastng trade that is the transporting of the
bduce manufactures and goods, of one section to ano
r has quadruped entirely in consequence of the pro
ttve iars Of Congress. No doubt those laws would
We produced the same result if the quantity of those
ces produced and transported had remained stationary
been snnihilaied. For instance the cotton crop in
eased from 100000 bales 1929 to 100000 bales in
no. Was it not wonderfully ssgacous law that made
rec times much tonnage necessary TO carry the crop
1910 that of 1928 The foreign imports of 1886 were
s9 900 OO0 those of 1910, S23 900 udicious law
build probably have made as much tonnage necessary
bring the last amount as the former Such are the
allow tricks of the advocates Of taxation and protec-
IN to the nsbobs at the expense Of the people.
The accounting officers Of the Treasury have ad just
the accounts of the States and Territories under the dis
button law. The amount to be divided is $500 ex-
usive of the ten per cent.
According TO the law there is to be deducted the ex.
of collection surveying salaries SC, and the five
II centum OF the new States. From the remainder is 10
deducted 10 per cent of the amount sold within the
nits Of each of the following states -
Ohio, Indiana, Illinois,
Alabama, Missouri Mississippi,
Louisiana, Arkansas, Michigan.
he of this 10 per to he given to each Of the
ate named and the balance OF the whole is then to be
vded pro rata among all the States and Territories
riding to their federal representation In article OF
Inc 3D. calculated from data then in possession,
amount coming to each State as follows. The guam