The New York herald., 1844-09-11
MONEY M ARK EFT.



There was very general Improvement in the quota.
sns for fancy stocks to-day Thegreatest advance
Canton Co, which doubtless caused by the report
that the government intend locating dry dock the
lands of the company. The evidently has favor.
able influence on the stock. At the Old Board Long
Island went up per cent Canton Co A; Mohawk /;
Harlem Il Norwich and Worcester IL; Stonington 4;
Reading Railroad IS Farmers Trust Ohio 6s Nor.
ris Canal Pennsyvania SIS, /; Kentucky !; North
American TrustA At the New Board, Long Island ad.
vanced A Canton 81 Mohawk 1t Harlem /; Nor.
Wich and Worcester ii Farmers Loan Morris Canal
Foreign exchange at present in very limited demand
Buyers have not made their appearance the market
for remittances by the Great Western Sterling bills
rule at 81 but some drawers very firm at per
premium Bills on Paris are held at 6t22a
The receipts Of the Reading Railroad this year have
been very large compared with last. Very few roads
in this country show increase of more than
fifty per cent
p...,,. rnIADE.rHr, an AND READING RAmnoAD .
Receipts Tor August, 1874. $40 997 81
w 10 1910. oI,2IS DO
Receipts for first months sa. 1886 COS 90 ss
Increase ls4s equal nearly 81 per $s2 1853 es
We learn that afnew banking institutionlwlsoon 60
into operation at Allentown Pennsylvania called the Ls
high County Bank under the direction and the
nsncers who now'control the Plainfeld Bank Of New
Jersey 1t appears that charter obtained Of the
Legislature Of Pennsylvania last winter to incorporate
bonk, to be called the Lehgh County Bank with CAPT.
tai Of 500 oOO Commissioners appointed to dispose
Of the stock Of the institution passed resolution
to allow any individual to possess than twenty
shares their object being to distribute them much
possible The subscriptions progressed very slowly and
up to the FIRST Of August only about SIS were taken
eproect was the point Of falling through when the
spirits who preside the desnies of the Plainfed
Bank stepped forward and subscribed for the balance
Ss5 oo0 the nsalmen Of which per cent to be paid
in Plainfeld bills that bank being at present specie
paying bank and its funds specie funds which is all the
charter Of the bank requires. The public, particu
ary that portion situated in the vicinity Of Allentown
will be made sensible Of the beauties of banking and
those who place any trust in the nauciers who direct the
Lehigh County Bank and the Planfeld Bank will ere
long discover that they have built upon the sand The
people of Allentown doubtless procured this charter for
the purpose OF establishing bank advance the pros
periy OF their immediate neighborhood, but we will
them that their bank has fallen into hands of those
who will make to the country in which it To-
Gated The lnboriBg classes OF this city WILL doubt
cap OF the benefits to be derived from the abundance
Of shnpaster currency This city will be the greatest
field for operations for time II is to the increase of
banks similar to this that attribute much diff
Guilty in commercial operations, and so many losses
by The mechanical classes.
The annexed table will be very interesting to many at
this time when the disposal Of large surplus Of agr
cultural products is a subject Of much importance The
outlets for fsur showing the increased demand from
countries and decreased demand from Others NAV
convey information to those engaged in the trade
that supplies be furnished and stocks reduced
much as possible. We hove treaties ;of commerce
with sxty.oue foreign governments admitting into their
dominions grain grown in the United States.