The New York herald., 1845-08-09
MONEY MARKET.

MONEY MARKET.
Friday, Aug. Sc PM.
Most of the stocks sold to-day brought less prices than
those current yesterday The sales large
composed principally Of State stocks. Stonington fell
off sper cent Norwich Worcester, ]; Morris Canal,
Ii Reading Railroad, !; Long Island, Mohawk Farmers
Loan and Kentucky 6s closed firm at yesterdays prices
Penn SIS improved per cent Ohio SIS, /. The Insur
ance Companies selling great many State stocks
particularly Oho's. Money is very abundant, but
the anticipation of the receipt of unfavorabe accounts
from Mexico has a very bad effect upon the market
Receipts Of the Hartford and New Haven Railroad
Company for July, exclusive of the mail con-
tract. $4,000 81
same month last year. ................ S,361 96
increase. SlO,669 OIL
The bank ofLouisana has declared dividend of three
and halfper cent.
The Essex Steam Mill Manufacturing Company of
Newburyport, Mass have declared dividend of forty
two and half per cent, the earning of the past year
The Sussex Bank at Newton, ~ j.. has declared di-
vdend Of four per cent of the profits Of the last six
months.
Counterfeit threes the Bank of Louisville KY, are
in extensive crc culation at the West
Counterfeit the Northern Bank of Kentuc ky
are also in circulation The general appearance is well
calculated to deceive although very inferior to the
genuine The centre is especially bad the sky black
the female figure is i'll defined with bad face. The
signature of the President, Jno Tilford is written
but engraved, and close examination it presents
smoohness which differs essentially from the pen of the
original The absence of nearly all points is another
mark, excepting the dots the which all large
ana much heavier than the genuine The whole note is
likewise fraction shorter
The Whitewater Valley Canal is now finished from
Cincinnati to Connersve Inlana. There are six wa
ter powers the line. or the capital stock S432 600
there has been paid in S2949i5 o. Tolls have increased
forty per cent the previous half year. Ofthc real
estate originally conveyed to the company, SI6,752 20
remains hand; Of which $42 900 is for sale
the balance being retained for water power The whole
cost OF the work far amounts TO s350692 80. The
company appears to be in good condition.
The citizens Of some of the counties of Marylan ap
pearto be very much dissatisfied with the efforts made
by the Government to redeem the credit Of the State by
enfoi cling the payment of taxes. repudiang spirit
appears to exist in sections but is not strong
enough to come boldly forth. meeting has been re
Gently held in Charles county, at Bensvlle, which
sundry resolutions passed ccnsuring the purpose
for which the State debt contracted the mode
assessing taxes property throughout the State and the
determination Of the sheriff of that county sell pro
perty which taxes in arrears We annex two re
solutions passed at this meeting:-
Resolved That each and every of US declare one
to another that they will protect and defend the property
each other far this oppressive srect taxation
concerned and furthermore call upon each and every
one agreeing IN the above views to ax their
Resolved, That We being under the impression that
taxation unequal throughout the State OF Mary land
that We the taS payers of Charles county in meetn
assembled, do determine that will pay further tax
or the purpose oi paying the debt of the State Mary
land.
This reputation in its broadest sense There is no
misunderstanding this declaration. The citizens Of
Charles county, however repc all charges of repuda-
ton
The system of taxation in the State of Maryland is
very detective with great inequality in the assess
ments The rate Of taxation is higher some counties
than others and any remonsrance against the system
taxation would have been proper and ustabc but the
determination expressed in the above resolutions
pay any more taxes for the purpose opayng the debt
the state and to defend the property Of each other
against oppressive taxation smells too strong repuda
ton and exhibits disorganizng spirit that will by its
influence throughout the State do more to disturb the
good feeling now existing generally between the Go:
vernmcn and the people, in relation taxation than
anything else Amidst all the burdens of taxation expc
rienced by the people of Pennsylvania in raising an
amount sufficient to pay the interest the immense
debt of that State nothing in the shape of wish repu
date made its appearance 1t was of little consequence
to thcm them to know for what purpose the state debt
had been contracted; it was sufficient that the Govern
ment had contracted immense debt and that the
cs on il must be paid II Is rather late In the day for
the citizens of any county in Maryland tn the
purpose for which the State debt contracted, SC,
and that poor plea for refusing pay the taxes
sessci We ignorant OF the character and standing
OF the citizens attending the meeting alluded to, or
whether i was large gathering not but we do not
believe that the opinions there expressed the opinions
o the majority of the people of the county What
most fear from these meetings is the influence they have
upon the dsconcntcd in remote sections of the state
The efficient measures taken by the Government to col
iect the state taxes will put down at any attempt
10 prevent the tax collectors shers from doing their
duty We cannot, however, but regret the appearance
oihc spirit eynced in the above resolutions in any sec
uon o any state in the Union it weakcns the hope
we nave entertained Of speedy OF the delinquent
states 70 resumption of payment
The issues OF some of the banks recently started in
Pennsl wanna seem to be in had rcpute at home We
annex an ocal notice from tho commits soners of Le-
high county refusing to receive certain notes in nay.
ment for taxes There must he some strong reason for
throwing dscIcdt IN this way upon the notes of any
bank
To Ty PAYEns AND CoLLEcrons Wbereas tho state
Treasurer refuses to take the Of The eheh Coun