The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-10-23
MONEY MARK EFT.

TUESDAY, Oct 22-oP. N.
she stock market this morning not very buoy
ant. The sales exceedingly large but prices for
some Of the Leaf ding fances fell OF fraction. At ths
frst board to- day United States 6s 1867 went up =
per cent Erie Income Bonds, u Canton Co., u
Erie Railroad, y Norwich and Worcester = Penn-
sylvania SIS fell OF u per cent Delaware aud Uui
fop, Ia Reading Railroad, 4 and Morris Canal, u
Nsthing has trsuspired to depreeate prices for any
stock the list, and IL Is the impression am ong
holders generally. that the upward movement will
soon commence again and be carried further than ha,
been realized yet this The large and steady
receipts Of gold from California and the healthy state
of trade, have given the public mind much con.
fdenee that n serious reaction is almost out Of the
question The bears fred OF of their big guns to-
day against Morris Canal Some operator, who no
doubt is largely short Of the stock, procured the
publication In Pottsville paper Of article.
stating that the construction OF a railroad from
Easton to New York was determined on, and that
4 would reduce the revenue Of the Morris
Canal Company, and ruin all who held that
stock. The transparent that Il easily
seen through. The people Of Pottsvie interested
in the construction Of works with thier
coal rnes, and any improvement made in the in the
Norris Canal or any other work connected with the
coal business must benefit the miners and give them
Greater facilities for getting 10 market II spectators
wish TO depress prices FOR the stock Of any company
engaged In transporting coal market they had bet
Ter not 60 into the coal regions 10 give tn sir statements
currency
The receipts at the Office OF the Assistant Treasurer
Of this port to day, amounted to $40 TT payments
sl07 ,395 %; balance, 81 5o7 81 10.
The Union Bank has declared semi annual dividend
OF Eve per cent.
Mexican land warrants are in moderate demand. We
quote sales at $3.50 sIs5.
The whole western division Of the Psnnsylv,nis rail
read Is under contract with the exception Of the
Mountain division, sad ss the Portage railroad will,
for time, be used part Of the line the compile
tion Of the portions In the hands Of contractors
will establish an unbroken railway connection be.
tween Philadelphia and Pittsburgh.
II lie stated that the valuation Of Mssss chusets will
exceed Eve hundred millions Of dollars. The vslua
tion Of Boston for 1s4s was as foio~sRssl estate,
so2 s2T 500; valuation Of personal estate 81 s52 ZOO
total sl74lso200
The correspondent Of New Orleans paper sives TIE
sppexsd isstimats Of the incoming crop Of cotton,
which II Is believed will not vary much IRON the
tusl result.
Corror Csor o. THE USrrep srArr.-Esrmlrxp yrrtp |
New Orleans Including direct receipts from Bats.
NOBLE sy IN incf,,,. Of 80 ccc hale: over S''V''
last year excluding direct receipts at New
Atlantic stat,s-.Gsorsis south Carolina, ''''''
North Carohns, and virginia 600oo0 I
FLORIDA. ....s.,........ .s....... 1oOcv0 /
Texas .......... ..............,.... 5000 |
ACKNOWLEDGEMENTS 600
should frost come during this month. We be. |
lieve the Injury to North Mississippi Tennessee. aud
North Asbsms would curtal receipts so 900 bales
least besides cut OF the receipts In Georgia and South
Carolina By ts eject on the northern portion rs Of
those states
The Mechanics and Msnufaeturers' Bank Of provi.
denee has had nunction laid upon q, and q Keep
or appointed In consequence Of sxamination made
by the commissioners appointed by the GoTsfnor o.
Rhode Tslasd. The examination showed that the
cashier defaulter 20 the amount % upwards Of
go eco land criminal proceedings we're forthwith inst
tuted against him. The public, however. need have
no apprehension 20 the safety Of the bfholderi,
unless thu condition Of the bank has greatly changed
for the since the last return, which sie
in October 1919. The liabilities Of tho Instituton,
according to that return, we're - follows
CiIculation,' ......s '.s'.'s''''.'..sTb la 20
Deposits on interest,". ''s'.ss-ss' .lS,gll %
DlFidtnds. sss'ss'...''..s.s ....1S' %
Making total o. .s74qSl OF
while the capital IL ti:6,t5o. 81 that u half the
capital stock should have been lost st the public Is
secure, and not only the bills but the deposits will b.
paid in hill II would appear therefore, that th.re
need be no slarn among the bLhslders. Toe cashier
he's assigned to The bark ell his property, 70 the
amount 4 r. said, Of s40o0e The bank has cou
meucsd civil proeess ses nstths cashier layirs the
damages ~ one hundred thoussni dollars.
The transactions Ia printing cloths in tbs Pco-i-
deDce market during the past week we're unusually
isfre end at better prices The sales Amounted 70
nearly foity thousand pieces fouoEs;-1 900 pieces
Coxe4 2s In ,$'i 2soe 10 4sx5a g IN lti 500 DO
tsass q ~ ~; 2gco 40 sczao . Ia, e.; 500 DO
cote IS in AZ; oco 10. 1850 g ia. as 500 a,
a. rr 90 -, As. To- ga. snrsa - In can a., ter.,