The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-09-01

coz ClAl AFFAlRS
MONEY MARKET.

FGluay, mug. 3t-O re
The stock market is depressed to an extent seldom
realized We allude to the feeling among operators
As regards prices it is astonishing how they
tanned Nothing ia the world enables holders to carry
fancy stocks keep them out of the Market but the
sbeapness money and the with which loans
be made affords great facilities for keeping stocks out
OF the street This is all very WE'LL and the bulls may
catch the shorts some Of the small fancies; but
there many anxious to sell to prevent scar
city Fancy stocks poor things to keep they soon
eat themselves in the way Of interest," and holders
will doubtless be satisfied with cost instead Of waiting
for profit Many of them will see their money
again and the clique Of directors in the Erie Harlem
and Long Island Railroad Companies. who held large
lots of the stock Of each speculation, will look in
vain for customers to relieve them Of the load they have
now weighing so heavily upon them.
At the first board to day, the transactions we're ex-
cseainely limited and nearly every stock In the list
experienced decline United States 6's, 1907 fell of
u; Treasury Notes, y; Erie Railroad, y; Harlem, r.
At the second board the sales small, at prices
current in the morning.
Within the past two three weeks the bills OF the
Hartford Bank Of Washington county, and the War
rem County Bank of this State have been protested for
non pay ment ut the banking house. The amount pre-
scented each bank owned by several Individuals
and each lot separately protested. The Comptroller
objects paying for than protest. unless the
party Who presented the bills makes affidavit that
they do actually belong to the Individuals named In
the protests. Now, the Comptroller knows very well
that these banks located tweHy aud thirty miles in
the woods away from any notary and that one has to
20 that distance in private conveyance, on purpose
to make the protest and 1t becomes therefore,
sary to pay expenses to act the agent Of many
owners be got together, aud make job Of 1t
There il an influence Albany exertng itself to pro-
han nd 4 hsf Con ali In
tious how he acts upon representations from that
source. The Hartford sndsths Warren County banks
are located TAR away from civilization possible
to get them In the State Of New York, solely for the
purpose Of avoiding the redemption Of their notes at
the ban king house; and when lot Of notes belonging
to different individuals presented for payment and
protested the Comptroller refuses to acknowledge but
one protest for the whole We trust Of the brokers
In all street will get large OF the notes OF
there banks located In the Wilderness aud despatch
agent to present them for payment and separately
protest every lot and test the question, whether the
Comptroller has the right to refuse all but one
acknowledge but protest for the different lots IL
Is cur opinion, that every note should be separately
protested, just the individuals promissory
note.
The news from Europe, by the steamship Caledonia,
does not amount TO much, In . commercial point Of
view The reports OF the markets similar TO those
received by the last steamer The hsrvests pro-
crossing avorably and the prospect Of full average
yield was very nattering. Cotton had improved In
price in view Of disastrous accounts from this side
relative to the growing crop.
According to reports made up from the Official re-
turns Of the Beard of Trade OF Great Britain the
portation Of printed, dyed and plain oalicoss, to
different countries for the first six monsha in each Of
the past three years, annexed
PnprsD, DYED, AND PLAIN CALrcoEs, ErroRrtp FROM