The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-07-02
u9-THE FOLLOWING SEEMS ALMOST more.
MONEY MARKET.
Saturday, July 1.

The from abroad highly favorable to American
interests All the commercial letters concur in stating thst
great feeling of reaction exists in favor of Americas
credit Prices had gone up great deal and there was
no disposition to sell American stocks. Some extern
sive sales of Illinois stock had been made London on
account of a well known and eminent house in Wall
street. by whom they had been taken for debt The price
was %, which, with the exchange, is equal to 81.
The market being Saturday. did not display much ami.
nation, but the feeling much better eOho SIS
Kentucky Illinois fell Ii Harlem at yesterdays rates
At the New Board Ohio rose Illinois fell {; Ken
lucky rose U. States 6's fell +.
We annex the following regulations for the transfer of
stock for the benefit of foreign holders although We dc
not know why much ceremony is thrown in the way
Of transfers.
The following Rules relating the transfer of Ohio State
Stocks, at the Transfer Office, in New York have been
adopted and will not be departed from in any instance.
L. All rowers OF Attorney for the transfer of Stock
or the collection OF interest must be scknowled by the
party executing them or proved by the subscribing wit
L. Ifby resident OF foreign country before public
notary OF such country; before any counsel the
States resident in any forcing port country;
before any minister plenipotentiary any minister
raordnary or any charge des afaires of the United
States resident and accredited within any king
dom in Europe, or in North or South America.
p II the party to such instrument reside in Great Bril-
tain Ireland before the Mayor of the city OF London
the or chief magistrate of the city OF Dublin
provost chief magistrate of the city Of Edinburgh or
before the mayor or chief magistrate of Liverpool.
IL instrument be executed within the United
States and out OF this State it is to be acknowledged
proved before austce OF the Supreme eourt or district
judge OF the United States or aJudge justice of the
supreme Superior Circuit Court Of any State Terri
tory, or Of the District Of Columbia
executed within this State, before Judge of seine
court OF record Except Justices and other local
courts in cites1 Supreme Court Commissioner COM
Missioner OF deeds or justice of the peace Of any town.
stock must he made by his executor or admins.
TRAITOR by the person such stock has been de-
stakeholder inns of Aoot
cd to the ownership thereof who under such laws has
the rightto take possession Of ssch stock.
ILL., Where the stakeholder resident OF this State
at the time OF his DEATH exempned copy Of the letters
tesamenary or OF the letters of administration, GER
tcae under the hand and seal of surrogate that such
letters have been issued and in full force, must be
lodged by the executor administrator in the transfer
ONCE previous to transfer of the stock The transfer
Is then to be made subject to the preceding regulations
Nv. In case the stockhelder at the time of his death,
resident of any other in the United States his
executor or administrator must in like manner produce
an exemplifed copy OF the letters OF administration
or the letters testsmentaTy, certificate of the fact
OF such letters having been issued by the officer from
whose office the same granted, under his hand
AID seal there be SEAL accompanied by certificate
OF the Governor of such State under seal that the
tihcae or certified copy is given by the proper officer
and Is IN due FORM the applicant claims the stock as
devsee having to the of the hold
er ne must produce the decision OF competent t
bura to that effect duly exemp6ed and accompa led by
me ceIhcae OF the Governor of such State under
SEAL that the decree or Judgment rendered by the
proper tribunal and that the copy certified py the pro-
per officer, and is in due form.
was resident Of any foreign country the person claim
ing the right to direct the such stock must
produce the evidence OF such right as follows:
L. IL he claims executor administrator or az hav-
ing Deen appointed to take charge OF the personal estate
Of such deceased stakeholder he produce copy Of
he instrument giving him such authority duly exeinp-
ed under the han and seal fthere be one) the officer
from whose office the original issued accom- panied by
he certicae OF one Of the officers enumerated in rsgula
ton NO. l. OIL by the certificate OF consular agent Of the
United States in such country the effect officer
granting such authority had jurisdiction Of the subject by
i6edc onv
Is by the proper officer and in due form.
the claim be on the ground that the stock has been
devised to the applicant that he has succeeded a
atve to the rights OF any deceased person in any cet
cate OF stock decision of the competent tribunal Of the
country establishing the right Of such applicant be
produced duly sxemplied under its seal III it have one
and by the signature OF its officers and ed by
the certificate of some officer enumerated the prece
ding LIST regulation to the effect that such decision
pronounced by ibuna which at the time by the laws
o. the country had Jurisdiction of the subject and autho
ry TO make such decision and that the copy the decree
OF such tribunal duly authenticated by the
proper officers.
We have again later news from abroad. The state of
affairs was much better. Money more abundant
than at the date of the last packet. There had been
scarcity of what deemed good bills by thelsading dis
count houses the first class paper cannot be
quoted above two per cent Money is at the same time
obainsble call at from 10 II per cent The returns
of the currency were follows:-
Ban. Of E hsEl"Sd enss,co s9s.ss $4,000 Inc
JOINT Stock INKS, 3ll,O0o 5,of'I" si,Vo0
scotland. N
Private and JOINT stock 1000.
Banks, zs4WVO 7'S's,ioS - $4,000
Ireland
b ,nk OF Ireland 3,l53,OOo 32O6.20O 5000
Pnyate and Joint Stock -. - -
Banks. iWiWV i"i,s' llO,OOO
Total, 366t2,oO 3l5,46i $4,000
Bullion ~ the Bank oil
England, Isi6,OOO l,125,ooO 5000
The decrease Of the circulation OF the Bank Of England
accounted for by dimnution in tho demand for money
for commercial purposes The continued rains, with the
temperature throughout the whole of the month Of
Way has been sensiby felt al the light and fancy
branches trade and in the present Of conduct
Jog the internal business Of the country the effect OF
diminished consumption passes with much rapidly
than formerly from the retail TO the wholesale dealers
md manufacturers There IL no doubt therefore, that
he weather has had considerable influence In diminish
the amount Of commercial paper anoat and this cor