The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-29
MONEY MARKET.

Saturday, Jan. 2S-2 p. M.
The stock market was much more buoy to-day, and
prices generally went up. New York State 81 per cent
rose per cent; Kentucky 6s, per cent Ohio 6s
Harlem, I. The Portage Canal Company, of Ohio have
outstanding bonds to the of $500 oOO cou
similar TO those issued by the State which have not
been paid and suits been against the COM
pany for the interest.
The Stock Board have to-day reduced their fee for ai
mission, from $3.50 TO 5000. by q unanimous vote.
The Massachusetts, Legislature have the following reso-
luton before them and it is sincerely be hoped that il
will pass into law. The present system of combining
everything TO the caprccs Of bank officers has wrought
disaster enough, and is high time that stockholders
should at least have the right of knowing how their pro-
perry is managed
"Orjered, That the committee on Banks and Banking
consider the expedency Of law to compel the several
banks in this Commonwealth to make monthly publ
cation IN two public prints, OF all the debts Gre
dts, oans and issues together with the of such
may be indebted to said banks either on in
dvdual orcorporae capacity And also the erpediency
of giving stockholders. the power to examine the
books accounts and transactions Of such banks they
may hold stock in"
he following is the late law of Mchgan in relation to
taking the State liabilities for debt -
An Act amendaory of an act entitled An act granting
20 certain debtors to the State the privilege of ing the
State in State bonds, &c.
Section Be il enacted by the ate and House Of Re-
representatives. OF the State OF Michigan That the time mi
ted or The completion by the company the Detroit and
i""u"S ishhHodu ana the daily running OF the
contained N the second the third the
act 10 which this act is amendstory be- and the same is
hereby extended to the fourth day July next Provided
hat no'hing herein contained shall be
State. " ~
Section The extension of the time for the
and running OF said Detroit and Pontiac Railroad as con.
aind in the first section oths act shall not be
TO off CT In any way the rights and
company by the act to which this act is amendstorv
Section g. This act shall take effect and be in force from
and after its passage.
The selection the several states where thew
have been levied exceedingly slow for those
which necessary support the ordinary expense.
the government and afford index of the mpractibty
of obtaining taxes for the payment of debts In rea.
ton to this matter the Mary land affords instance
In the report of the Treasurer showing the amount
taxes remaining unpaid for the last year, iollows-
To THE HoSoRABLE THE HOUSE OF DELEaArEs
Inc Treasurer furnishes the statement in ODE
dsnoe to their order Of the Iih instant.
Tue amount by the statement, represented 10 be
OH account OF the direct tax fer al and IA tn
amount due in the contemplation of the supplement-
chapter 16l. OF December session. 1871.
Is greatly more, however, than understood by
any OF the county authorities TO be due excep bv the
commissioners OF Anne Arundel -
In the original act Chapter 49, March session. ls4l
no dehnte time hxed Tor the payment Of any but
LOT isa Inc o2nd section requires the
to be levied with the county levy and collected bv the
collectors of the county levy and at the same time and in
the same manner. "
The 90 section processes 10 fix the time for
into the Treasury, but seeks to affect il by snply refer
ring to tie provisions Of the act-no henc IN no
found In uniess the 47th section which to relate
only to the tax Tor al be truth applicable also 10 future
taxes aHd In that the tax for 40 would perbaus In
every county in the state be pay able by quarterly install
mens 1T March, t June ist september and LIST Decem
Der lsis On theconrary in the view ofthe said supple
ment the tax for 1912 unpaid, is all due eycep
"a cents in the 800 which pay able LIST March Isla
and the tag Tor is4s will be is4a by