The New York herald., 1845-10-18
MONEY MARKET.
Friday, Oct. 17-6 p. Nj.


There was very slight improvement in the stock
market to-day Farmers Loan, Canton, Ohio, U. s.
Bank and East Boston closed firm at yesterdays prices
Norwich and Worcester went up /; Reading III Penn
sylvania bs /; Long Island Il Morris Canal declined
t. The transactions limited and there appears to
be little disposition to speculate in fancy stocks.
Large sales ofour made daily. Prices steadi-
y advancing. The sales four times as large the
Shipments as purchases to great extent made for
speculation in this market and since the arrival Of the
Great Britain the lots of -four have changed hands
two three times Orders for large lots in the
market, limited at SIS 25 which, of course, cannot be
filed at present The advices by the Hberna due,
anxously looked for they will settle the subject
upon which SO many in doubt.
The City Bank of this city declared scmiannual
dividend Of four per cent payable the slst inst
The Governor of New Hampshire has granted to the
Cheshire Railroad Company the right of using the land
and taking the private property of individuals residing
on the route of said road for term not exceeding two
hundred years. in order that the propretor of said road
may be enabled to construct the same put it in eec
tual operation
The receipts on the Southern Railroad Michigan for
the month Of September, ls45 for freight and passen
gers about 81 900, nearly y per cent increase
those for any previous month since the road was
built
SOUTHERN RAiLRoAB, MICHIGAN
Receipts at the Monros Depot Office $S5 593 80
Receipts at the Adrian Depot Office .l,27O 70
Receipts at the Hllsdale Depot Office .2790 90
Total for September, ls45. .$lo654 43
The above revenue is derived principally from freight
and to enable this road to do business equally profit
able to the State that of the central road it will be
cessary form line of steamboats, to run from Buffalo
to Monroe
The arrest and liberation bail, of the President
and Cashier of the Mechanics Bank Of this CITY, upon
charge of compounding felony in compromising
transaction made with forged promises to pay. have
within the past week two, created little excite
men and brought to light many operations of similar
character made by parties in Wall street, who have
heretofore been respectable individuals engag
ed in the transaction alluded to above The President of
the Mechanics Bank must have experienced, with
in the past few days, very great change in his
Ideas in relation to person occupying such ell
evated position, being amenable to the laws. The
banks OF Wall street much in the habit of placing
all laws issuing from the Legislature regulating their
movements at defiance, that of them have the
temerity to break all other laws, their officers ina.
gining that they do, bank fnanciers, what
they could not. private individuals. 1t was con-
sidered in Wall street, for time, very doubtful
whether the President and Cashier of the Mechanics
Bank would be arrested under this charge and is
supposed that the immense moneyed influence
of the bank, will give it very fair chance to slip
through the law. SO far the bank has found favor
the committing magistrate has fearessy done his duty
but II soon leaves his hands, and for
bny slip that may hereafter happen
The banks of this city almost daily guilty of trans
actions similar to this Of the Mechanics Bank but evil
dence in most of the wanting fix the charge up
them In this nothing is wanting but fair trial to
make the whole clear day. and to fix the crime upon
the party accused. The between the People and
the Bank and it is full time at least of these nstu
tions should be made example. Individuals when
detected in similar TRANSACTIONS find favor and i'm.
medatey receive their desserts; and it is than
justice that the punishment shsuld be meted out
to corporate companies upon the persons of their OFF,
For certain weghty reasons, this will not be
presented to the Grand Jury in session. but will be
reserved for the next Every movement in this affair
will be closely watched, the public generally take
very deep interest in the result.
We the last report of the Planters Bank of sa
vannah, Geo. It will be observed that there has been
quite falling off in the aggregate movement.
PLANrERs BANK GEORGIA
April l. 1874 Oct. 7, ~. Oct. 6, as
Notes in circulation LIST issue,
supposed destroyed. ...... 2,9H 2i,909 1889
Notes in circulation, subse-
quent issue. .......,.. si6,79i 2ls,558 le9,73l
Gold and silver coin in vaults 25303 2Ilo20 I7765s
Notes discounted, maturing
considered good sso,ses 4ssAl asa,sls
and IN Judgment 168,729 l70B92 1864
Due depositors 29l COB l56,92i 1871
The capital stock paid in Of this bank to the 9th inst