The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-06-16
Medical Cnrd-The Members OF the New

New YolK March 1899. jeiis,
Medical Card-The Members OF the New
YoIs, College Of Medicine and phsrm.ey ., NASSAU stree.
speedy Some the
whose chief ob,ss. in .;soeia,og together !. e down
IN or from an
NJ B-For further particulars, and list of their prepare
tons see S fourth page Of t: paper Office and consulting
MONEY MARKET.
Tuesday, Juno 1916 Pm.
The stock market fell off fraction to-day, both In
prices and in transactions. At the first board Harlem
declined 4, Long Island x, Norwich and Worcester ~
Illinois u Morris Canal u Farmers Loan a, Canton y,
Pennsylvauia ives l. Indiana Illinois, Treasury Notes
and Vicksburg, closed at yesterdays prices Reading
railroad advanced per cent, and Reading bonds ~ The
advance of the past two days has been large that
slight reaction might have been expected. We soc
nothing likely to make any reaction permanent long
as the money market continues abundantly supplied
with capital as it now Is Any quantity of money
be obtained at four and four a-ha per cent and
the banks discounting all the good paper Offering
At the second board there slight improvement,
and the market closed firm at the improvement.
We have received several communications relative to
the Illinois State Bank and in reply to them will merely
say that all we have heretofore said upon this subject
still adhere to- believing that the institution will
ultimately be able, under any circumstances, to pay
afty per cent upon Its capital and, under favorable
circumstances, seventy and eighty per cent The law
passed In the legislature Of Illinois last winter relative to
winding the affairs Of the bank is considered rather
favorable by those best capable of judging and
in the event of the institution passing into the hands of
trustees commissioners the Governor will take very
good that the interests OF all parties properly
protected would be WE'LL therefore, for holders Of the
stock to keep out Of the market unless they salts
fed with present prices.
slip from Thompsons Bunk Note Reporter gives
the following account of the probable suspension of the
| Bank of Watertown:-
The Albany banks reject the notes of this bank and
are informed that the Comptroller has sent o spe
cal commissioner Waertown to investigate Its
| dition We believe injunction will be granted to
In Of its failure the bill holders will have to look
to the securities in the Comprolers hands, instead OF
anything that may BIZ in the bank Such has invariably
been our experience.
The circulation and securities were the LIST Of JAM
| as follows
Bonds and Mortgages s274ss probable value, $4,000
Arkansas stocks, $4,000; PROBABLE value, 5000
Illinois stocks 1906 probable value, 400
Probable value Of assets, s2s4oo
Circulation, 49,4O0
Deficiency of securities, $4,000
At this rate the Of the notes Of the bank
| will be about so cents on the dollar
This of the old free banks which went into ops
ration before the amended prohibiting the de-
post of foreign stocks security for notes
According to tue report for May last the loans and
discounts this bank that time amounted to $s5S
specie, $685.; circulation, $4s2 i4; deposits $500
The receipts Of produce at St. Louis for the month Of
Nay by the river, follows, viz 80 lour $4,000
bbls; wheat, 49s9e9 bushels corn, I7e09S do oats
a74e7 do hemp, 20 2a4 bds .al, 1888 pigs; tobac-
o. 72s hbds bbls potatoes 5000 -es whiskey 24e2
bills; dried apples 95 bbls 337 sass; white beans
500 bbls LIT sacks pork a54l llr lo5 900 lbs bulk;
beef III bbl bacon 437o cask- ~, boxes 900 lbs
bulk lard $3.50 bbl TAO kegs cheere 99I boxes tsow
26 casks 80 bbls butter 0a bbls Is4 gs II frkins
The New Orleans money market Of the 4th inst, was
still suffering from the pressure produced by the fnan
DIAL operations Of the government and business
tions in that city were very much embarrassed The
banks have neither discounted taken exchange and
unable to check in consequence Of the very large
balances which they hold in the northern and eastern
cities Wehave not yet the statement of the banks
for the last menth but understand that they have dmn
shed their specie nearly two millions which necessarily
renders very contraction Indispensable The law
of Louisiana with regard to the proportion to be main
tanned between the coin and the circulation and depo
sits Is imperative. The PRESSURE trust is only tenn
porary and will he shortly relieved BY importatons
specie, considerable quantity Of which Is under
way from the North. Thu banks however, will continue
to move cautiously long by the issue Of Govern
checks they are exposed to be called upon st any
| moment. for million or two of coin
The Erie railroad company about issuing propos'
a for loan of $4,000 per cent under the act
Of the Legislature allowing it to make loan Of three
| millions of dollars.
| The finances Of New Hampshire appear to be In
very favorable condition The receipts and expenditures
! Of the past year annexed -
| FIrANcEs OF New Hampshire, le47.
Receipts for the year. .$lS2,943 4o
| Expenditures. ..'...'..'.....'.'' 1882 %
| Leaving balance LIST June. ........ $l4 900 81
Indebtedness Of the State .......... Sl0,35O so
Balance in favor Of Treasury, ls47. -. $4alO OF
Here is example for all States to fellow so far as
finances concerned. New Hampshire hns no public
improvements it being only until very recently that
the right Of for railroads would be granted by
| legislative ennctments
The rapid increase In the commerce. of this port 10
pretty well illustrated by the annexed statement sxhib
ting the amount Of tonnage arriving and departing In
each Of the past two years
| CosrMEacr OF THE PoRr ~ New Yonx-TosrAss Es.
| TtREp ASp CLEANED.
| .drytted-Tons. Cieayed-Tons.
| 1876 .ansrican. Fo, eign. .1merican Forsgn.
~ IL quarter Is.si,A SSs! M,ssex ll,!i.X
It'll ..::.s,.sssa ;Sssix ls.,s ssS m ssyss'is
Total 1919 .sIs,7si lee.ot lss,ls7k 17sAlsX
"'.'..'nat9x los'ak y7'lsS2 iioaasg
| increase. H,269N 453a,x 3o024 s3lg1lI
TOTAL tonnage arrived eo. 7o3 ls3 tons
| III lobs...'............. 6l3,a0