The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-06-20
MONEY MARKET.
Friday, June 1915 r.

crAO0y, June 1916 r. N1s
There was a general improvement in prices to-day,
without transactions to any great extent Pennsylvania
SIS went up per cent Reading Railroad Bonds I !;
Farmers Loan, I Morris Canal, /; Canton, Ii Long
Island Z; Harlem, l; Norwich and Worcester, Read
ing Railroad, Z.
At the second board prices firm, with very mo-
derae sales It the general impression in that street
that there be within the next thirty sixty days
very great speculative movement in stocks and conse-
quontly advance in prices Of fifteen twenty cent
in of the fances. We cannot but coincide with
this opinion, nothing in the political or COM
mercial world likely prevent very prosperous and
very easy times. As things get settled down
upon the present basis and they get more regua
ted we may expect much better times than have had
within the past two years
The officers Of the Canal Bank Of Lockport Of the
institutions Of that place, which has recently stopped
payment have issued the following card to the pubc:-
At meeting of the directors Of the Canal Bank of
Lockport, held at the banking house in the Village Of
Lockpor this 18th day Of June 1885, the following
ambe and resolution were unanimously adopted =
Whereas from various and casualties this bank
has become and whereas farther efforts to
sustain IS credit meet its engagements at this time.
would in the opinion of this board be fruess and tend
Resolved That this bank suspend payment for the pre-
sent, and until the farther order of this DO ard
A true copy from the minutes
o. BALLARD, Assistant Cash'r.
The directors confidently believe that the bank has
abundant assets to meet all its to the pnb
creditors Of the bank will make sacrifices Of their
claims but patiently await the result OF measures al
ready commenced to resume business within the time
allowed by law the speedy winding up OF the affairs
OF the institution.
The arrival Of the steamship Caledonia at Boston from
Liverpool gives advices from all parts Of Europe five
days later than those received by the Great Western
The both politically and commercial is highly fa-
vorabe and interesting 1t anticipated that the
of tha in
difficulties with Mexico, would have depressing nlu-
upon the principal money markets Of Europe in
consequence of the immense interest the capitalists Of
England, France and Holland have in Mexico; but when
the steamer left, the depression slowly wearing
away. Upon the announcement that the Gov Of
Great Britain contemplated Offering its mediation for the
settlement Of the difficulties between the United States
and Mexico Improvement clearly visible, and we
have doubt the advccs by the steamer of the 10th
inst-which leaves Liverpool to-day-will be of the
most favorable character in regard to this matter All
negotiations for Mexican loan had ceased, and
decline in the old bonds had been experienced.
The Liverpool cotton market had slightly improved
prices firm with upward tendency, and the
sales to extent to the trade The improve
is principally attributed to the state of affairs
with Mexico; but we have doubt that the accounts
which from time to time reach Liverpool from this and
Southern markets. in relation to the extent Of the
crop coming the Southern seaport depos have had
very great effect in sustaining prices and stening the
market The fact that the present crop win be at least
three hundred and fifty thousand bales less than that Of
last year. could not possibly have had contrary effect
All the produce markets of Great Britain under
listing circumstances, in a very encouraging condition,
Notwithstanding the unsettled state Of prices, growing
out Of the uncertainty which for time surrounded the
corn bill The slight decline in prices, was, without
doubt caused by the doubt many interested entertained
in relation to the operation of the bill.
We annex statement exhibiting the condition of the
banks Of New Orleans according to reports made the
board Of currency the 3oh ult.