The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-05-29
MONEY MARKET.

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The stock market is still very buoyant Prices advance
from day to day from to three and four per cent At
The old board this morning, Canton Co. advanced per
cent Mohawk Il North American Trust u. All the
others In the list remained firm at yesterdays quotations
At the board the operations very large, and
at better prices stonipgton improved per cent Pater
son "a; Mohawk Long Island Canton ! OHIO !;
Kentucky Morris Canal 4 Pennsylvania o. t
United States Bank q North American Trust H. Nor
witch and Worcester declined 4 Indiana l. Farmers
Trust and Harlem remained firm at yesterdays quo
tations.
Receipts Of specie at New Orleans the 10th nst:-
Per ship Walter, from Liverpool. $4,000
BARK Guihord. .6o0
s2o,loo
Received since Sept ist ....... 81, 73a, $50
The Montgomery County Bank, the Honesdale Bank,
and the Doyiestown Bank Of Bucks County Pennsylva
na have declared semiannual dividends Of three per
cent The Columbia Bank and Bridge Company have de-
clared.a dividend of 81 SO per share
The Trustees OF the late New York Chemical Manufac
turing Company chemical Bank) give notice that they
will pay dividend amounting to eighty per cent Of the
capital stock equal to twenty dollars share out OF the
assets Of said company to the Stockholders utter the
9Th of June next.
The great speculaons gong in stocks compes thos
engaged to resort to every expeden for the purpose of
bolstering up stoc running down another Many
of obscure prints In publAhlng what stories they may
invent to njure advance any particular stock few
days since published that the two Norwich boats
had been bought up large Eastern capitalist and that
hereafter they would between New York and Provi
dence We are informed that there is not the slightest
foundation for this report The object in circulating this
story to njure If possible the stock of the Stonngton
and Norwich and Worcester Railroad. There other
stories published by prints in this city, overy limited cir
cuaton with the intention One u.s. that the Stoning
ton Railroad Company paying $4,000 per month to the
OF steamboat to keep her from running oppo
son Providence. These reports originate in the minds
Of specializing brokers' who make of any tools or
anything carry out their ends Those who speculate
in stocks having value must be prepared ct all times
for break down. but good stocks stocks whose value is
daily increasing be affected by the efforts Of bro
kers, or by the circulation of false reports
All the agencies of the Montreal Bank will
hereafter only charge quarter per cent on drafts
of merchants in Canada West Montreal. This
ment will compel all the local banks at different points in
the Provinces to reduce their charges to the same rate
We in all sections great reduction going on in do.
mestc exchanges.
The ruling rates for domestic exchange in this market
vary but slightly from those current ut the date Of
last report There is very little demand at this moment
on any point and the rates much reduced as the
most economical arrangement will justify. The balances
trade regulate the rate but there is little deviation
from the charges the of trade establishes posi-
BILE in consequence Of the competition existing between
the different brokers' This rivalry has very favorable
influence prices and regulates rates equally than
all the banks in creation