The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-08-18
CONNER IAL AFFAIRS.
HONEY MARKET.

friday, Aug. I'D E>s
The stock market opened heavy this morning, and
closed heavier. The change which took place yester
day sudden that the bulls all taken aback
and they became very much alarmed. The impression
among the bulls that the long looked for change
had taken place. and that the advance would be per-
manent and rapid and to have such revolution take
place in their feelings in such short time unplea
SAINT enough At the first board United States 6's,
1867, fell of q per cent Erie Bonds 4 Harlem, a
Canton Company, = Reading Railroad, ; Farmers
Loan, u. Purchasers Of Reading Railroad have met
With quite q within the past day two When
the improvement of yesterday appeared ders with
drew their stock with the hope that higher prices would
be realized and for time it scarce but the bears
not frightened, and kept out Of the market, and
the result is that since any quantity has
brought out and the quotations have fallen of about
cent This shows how sensitive all these worthless
stocks are and is matter establishment to how
any one can have temerity enough to touch them.
These the securities that certain parties in Wall
street striving to get up speculative in
for the purpose relieving themselves of the load they
now have their own shoulders.
The Hartford Bank, of Hartford, Washington county
New York, has suspended payment. Its bills :
der protest. and the is literally deunct. The
Comptroller will probably proceed at to wind it
up. The bills secured by public stocks and its is
sues will, doubtless be redeemed in full.
The receipts at the office Of the Assistant Treasurer
of this port to-day, amounted to $2l2 o00 payments
$S6s73 40; advices, $4,000. Balance $2,603 26S 81
The amount paid for duties at the Custom House Of
this port for the past four days. about and
there has been greater activity in entering goods than
we have ever noticed before, in the same time.
The Wolfborough Bank Of New Hampshire, by which
the public swindled to the amount Of about
hundred thousand dollars within hairs breadth
Of being revived recently and fresh batch Of its worth
less issues put in circulation is provided they
could find people verdan enough to receive them 1t
wss got up originally by sharpers from this city
who managed to dispose of much Of its Stock at 800
share to the farmers at Marlborough and vicinity and
many Of Them in its failure lost the hard earnings Of
years of toll During the past winter, members Of
that class Of nancers whose homes ought to be in the
State prison. set themselves to work to revive the viii
famous concern and agent went to Wolfborough and
hunted up Of the stockholders to whom he offered
$40 per share for their stock They readily accepted
his offer, thinking the man must be deranged they
could not conceive of what value 1t could be to him.
He then commenced making other arrangements, such
~ purchasing hiring the old bank building &c. after
which he left for New York to arrange matters here
connected with the concern but before he could
was taken sick and died. Two others of the
thy fraternity then went to New Hampshire and push
ed things ahead rapidly They hired the old bank had
1t painted and put in fine ORDER the bills already
printed, signed and cut apart-when, all Of sudden,
they destined to realize proof Of the old sdage
that "there is many slip between the cup and lp"-
Some member Of the legislature then In session, hsv-
ing got wind Of what going on, brought in bill
repeating the charter Of the marlborough Bank
which passed. and at put stop any further pre-
seedings of the regues who returned home probably
III hunor with Yankees in general and New Hampshire
Yankees in particular. STILL notwithstanding ell this
We should not be surprised to an attempt made
now to put forth these worthless rags and
tion the public to be on their guard.
The reported receipts of the Norwich and Worcester
Railroad company for the month Of July, 1912 amount
Cd to $1os6 TO- against 10 for the same month
In lS4S showing an increase this year Of $1120 CO.
The receipts Of the Baltimore and Ohio Railroad for
the month Of July, From freight, S5T 054 so;
from passengers, s42oes OIL total slooo5l So; which
Is increase the receipts Of July, 1s4s of $50
g. On the main stem there increase of 81 ia
90; but a decrease the Washington branch of
$5,462 20.
The annexed statement exhibits the condition OF
tain banks in New Orleans, for the month Of July,
according to made the Board of Currency
BANKS OF New ORLEANS, JuLr, 1S49.
Immediate Moremenfs-Cash Liabilities.