The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-11-01
MONEY MARK EFT.
Friday, Oct. 3l--G II. NJ .


Quotations for stocks still advancing and the sales
continue large. stonington improved per cent;
Norwich and Worcester 81 Erie Railroad Long
island y Canton Harlem ! Morris Canal Far
meIs' Loan l. Reading RAILROAD, Ohio 6's and Pens,l-
vaAia - closed firm at yesterdays prices. Vicksbu,2
TN a per cent.
Tie annual election for directors of the New York
end Erie Railroad Company, will be held the
Tany o',ieo III Wall street the 10Th of November
The books Of transfer " i'll be closed the 18th Nov
aud open the s of December The old stock of this
coFlfny must be consolidated before the 9Th Of No
venher, whente hooks close, 10 come in par W h
the nsV and to prevent its being shut out altogether
% siderable diiicu y has been experienced in ,ae
sc u ne old stock of this road equence of there
being 20 books Of transfer open, and It's market value
has consequently been very much reduced. Upon the
opening the books the old stock will be placed
oaa level share for share bat there will be difference
in tno value tile stock draws interest fast IS
p IL up, aud the old does not The stock will,
without doubt make its appearance n the market then,
and De placed the books Of both boards OF brokers' 1t
is anticipated that mme da.ey after these arrangements
perfected, there viii be very extensive specula-
tive ovement in both the and old stock Of this
company Il will be impossible to keep the new out of
the market
The Bank Of Cape Fear IN CO has declared semi.
,nual dividend Of three per cent
Application VIII lie made to the Legislature OF New
Jersey, at their next session. for charter for bunk,
to he located in Paterson, with capital of $500 ooo
such amount Of capital the Legislature may fl,
grant,
Il ha been decided in court OF the District of Colun
bia that a corporation cannot for defamation Of
character. The Famersand Mechanics Bank of George
town = O. recently instituted suit against ind Vi
dnh ior advertising that he would not dispose IS
goods iur the bill, of the bank unless the purchaser
would value them at ninety cents TO the dollar The
damages laid at SO OOO but the disposed Of
The above mentioned
TIE weekly receipts ofthe Reading Railroad Company
coFtinue very large. We annex a comparative state
ment u the business the road for eek in October
si3, ~ and i5:-
Pn'LApnlFriA AND READING RuLRoAp.
W,ek ending D., 9s,h ,o, ISeespfs Coal frenspfed.
70 90 Oct 25tn t85.... 1858 90 TO- 355 tons
TIE receipts now are equal to hundred and twenty
tive thousand dollars per month and transp
q coat equal to eighty five thousand tons.
An "ider IRON the Chancellor, states that all tho ere.
atois oi the North America Trust and Banking Comla-
ny, must exhibit their claims receiver John
'stFeIahi Esq o. his solicitor, within six months and
ten aays om the 27th of October ms, or in default
thefeo hey @ll be pfecluded from all benefit Of pay
men out q the proceeds oftae OF the association
uter the decree in the suit (n viii Ii sad orders are
maa) or otherwise and that all the creditors and ',
hneef may cause then appearance to be enter in 81
So y their own solcso W i'll be emit Cd
to hotlce Of all proceedings in that .uit
me oecHhe III quotations for sterling exchange with
~ We PAST ~" days has been very great. The ruling
rates per below those current at tbs
time last This falling of has not been distributed
through he ear bu. has been within the past ten ,sys
u conn enced immediately alter the receipt OF ad-
ices hom Europe in relation to the harvest
Quotations FOR bills London have for sometm, past
led at cry high points, account OF a conf M
~ among the principal bill drawers but the aspect OF
commercial aa.s in Europe having iesiroye ed all hopes
sustaining tre rates, thu market has been nuCa ie.
ue'c"' ne rates have lcen reduced 10 level below
i'dt ieo'zed WITHIN the past eighteen months, aud the
n'hkef q any large shipment OF specie for tue
pfsem eniirely removed Our experts this year thu,
Lave been considerably lie the imports nave
isen Oh very much The foreign trpde of this port for
80 ~ "e W0ie limited than that Isaa in the aggIe
B''e Ane o'ohee against US viii not be as large '
astast ten millions Of dollars With in the mast
months, STERLING exchange has ruled Mt ahont i, nor
Sc"t premium aud has not within the whole OF TINT
leuo' been below nine und quarter per cen, premum
Vac current rates are a per cent with flil -, ,lv
~ ttese iptatons Since tue decline in the q rota ions
~ nAiH "a Lonion thote mas been very de Il led i'm.
W.ss'tn1 ~ our money mad et, and very ex ensive
atsSuiti'' movement ~ some OF our iaucY I3ifoal
sos - Oo,la ! unusually abundant and the rate of
lWcrF ranges nom i,e TO ~ pet cent The banks
el'sta ne" g0aHeil. report tJr November lis morn
bt' A'' 'eeS ne 10" al liberty esp aud their
approximation TIE next eight weeks, when ley mus,
commence another cvutioctibn prior 10 the returns
It4hitd e. TIE quarter ending February lst 1870 So
IL, ALE 70 form an opinion from tbe move
meats 81 Of city institutions tho banks
eioly VIII SHOW IN expansion III their aggreg ate opera
tons OF large por cent compared with the p eyous