The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-13
C0MMERCIAL AFFAIRS.
MONEY MARKET.
Wednesday. JuIv l2-6

1t was announced early in the morning that the
Steamship Niagara: teegraphed below Boston, and
business of all kinds suspended. The at the
board were made while all doubt and the prices
ruling therefore Independent of the COM
p,exion of the news. Treasury notes fell off 4
Ohio 6's, "a Norwich, u Harlem, u; Long
Island, a (; Reading Bonds improved Il Norwich "a.
The sales small Soon after the adjournment
Of the board the tenor Of the was annou need,
and the greatest excitement prevailed All business
was at stand still, and knots Of people in all
parts of the street. discussing the nature and effect of
the accounts. AS yet the has had no effect
upon the markets, but the general impression is that
it will be good. There only two sales at the
second board, which shows the little disposition to
operate until something definite is known of
affairs on the other side
The steamship Cambria, from Boston for Liverpsel,
carried out $40 500 10 in specie.
The City Treasurer of Boston sold bills on London for
the Cambria, at 10 1O14 per cent premium. These
bills were drawn account of the city water loan
taken in London.
The Rochester City Bank has declared a semi.annua
dividend of per cent.
The total receipts of the Little Miami Railroad Com
pany for the last month"; compared with the CORE
spending month of 1s47, have been as follows
LITTLE MIAMI RAILROAD
1847. 1913
Passengers Ss'oI7 80 1864 A
Freight. ............ 12,171 oS s,244 20
s2o,6ss 81 21,1os IS
The heavy receipts last year for freight fell nearly
50 per cent after the month of June, the
great decline in provisions took place in Europe
The total receipts for June have been follows for
the four past years, viz =
1916. 1896 1847. 1SfS
s24l5 20 7454 70 2O,6SS 81 21lOS 70
The Macon aud Western Railroad Company of
Georgia have declared dividend of two dollars pay
able to Northern stockholders at the Bank of the State
of New York. on the 1st Of August
The Baltimore and Havre de Grace Turnpike Com
pany has declared dividend of four per cent for the
last six months.
The Newark Savings Institution have declared q
dividend of five per cent per annum.
The suspension of the Canal Bank of Albany one Ct
the leading Safety Fund institutions of this State has
SEATED considerable curiosity, the result of the
oeatons of the Safety Fund system, since its adop
ton. 1t will be perceived by the annexed statement,
t lie redemption Of issues of suspended Safety Fund
banks, in anticipation of payments into the fund by
the ZEN aiming solvent banks of the State established
upon that system Up to November last, eleven Safety
Fund banks had exploded and the contributions of all
the Safety Fund banks of the State, had UP to that
time not been sufficient to provide for the payment of
the bills and sundry debts of these eleven banks with
in about one million of dollars and this deficiency
had to be made good by an issue of State stock
count of the fund The annexed statement, exhibits
the receipts and expenditures account of this fund
from the commencement, to the 3Oth of September
1s47:-
New YORK SAFETY FUSp-REcEIPrs AND ExpEN-