The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-25
FINANCIAL AND CONNER GAL
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SATURDAY, Oct. 24-6 Pm.
The stock market was rather irregular TO day, but
the tendency Is downward. There was activity
at the boa d. and the time sales seldom over ten
days. At the first board to day New York Central 6s
declined per cent; Pacific Steamship Company, 3;
Michigan Southern, old, 2 GO. preferred, 3; Panama,
|; Gaena and Chicago, 4; Chicago and Rock Island,
l. Virginia 6s advanced l per cent; Illinois Cen
tral bonds /; Reading, 2; Ere, t. Missouri State
6's closed at yesterdays prices. There wec several
short sales, seller thirty days. New York Contra
Railroad opened at IS and closed al per cent CASH
with sales in the meantime at So per cel.. Illinois
Central RAILROAD open, at I5a aud closed st " per
cent. Michigan Southern, old stock, appears to
be sinking rapidly out Of sight. A smal %. sod 1t
per cent today.
Al he Sc oni beard the market was without ma
tel iai terstiop. Prices were well sustained, with
o very limited amount Of business. Nss York Cen
raj Railroad 6's declined per cent; Reading Rail
road, a; Delaware and Hudson, |. Chicago and
Rcck Island advanced ! per cent; New York
Central, /; Cleveland and Toledo, !.
The Assistant Treasurer reports today a. fol.
lows
Total pay meats. So es OF
Ioal psanco soSb -vs "
The receipts from customs today amourt 20
s2l COO.
The Superintendent Of the Banking Department
gives notice that he has converted the securities OF
the Island City Bank Of this city into money, and
its cir ulaiing notes viii now be redeemed pre-
sentation at the Manhattan Bank IN this city.
The notes of the Lee Bank Massachusetts,, are
now taken at the Metropolitan Bank on the same
terms % other Eastern money.
We understand that the amount Of State currency
for which the Metropolitan Bank has issued cevtia.
cHcs amounts NJ present 10 about three millions Of
dollars.
Tie statement Of the Providence banks for the
week ending Oct. 10, shows the following figures
Capital. Ga sos 900; circulation, il,97S ,l3t 6epO
sits $500. 7iT; due other banks, sl,lsl SIS; loans
SIS sos $40; specie, 1896 $685. biis Of other banks
sG79 ,7T5; deposits in other banks. i)126Os Com.
pared with last week the returns show
Anincreas IN cans ~ ......... slG2 600
An INCREASE q pccle Of ........... 1862
A aeCfeate IA CllCulptrn " .....ss IL .4Ia
4 dec tapc IN deposits q ...... ts,00t
A decrease 0, bills e1s % Other banks Of ASA
A decrease IT bills of uthef bank Is ..-. je.IiS
A decrease In deposits 0t Other backs OF s2,l00
savs the JouEal,-
This Is strong statement and shove IRA. OF
banks are IN an excellent c01GItiOn. The 1eayls-t
demands upon thtn are stu Tor tbs renewal ol DC.
ctutsnces re abroad. Il = unpleasant that The
bills Ct banks p'taenting such statement as we
rutash this mern Is, VII t5SV0OOo nebliites 20
the public against over sls 100000 assets Ne tks
200 in the grea er number Of which the private
properly u the stockholders is holden for the circJ
ia,i0n should Be Sept below q less secure currency
In debtor citts for other reasol Than tie accom-
mediation tha. our banks have extended T. them
Bat VI 10 uo &c low tais n be avoided AZ IRE
stn..
report from the Board Of Directors q the Goa.
neeticut River and. Pasumpsic Railroad COMPANY
va submitted TO the recent meeting OF stockholders
of which tie following Is an sbstnct:-
income from June 1856, 70 Dec. 1s56 or go rs
Expenses from June !, Isj6, - De-. l,
1856 ...t .... ...tt.. W ,1s5 u
Tc,a ...... .......tii 3l3 *
Income from Dec I, 1855. to Juss !,
Expeases from Dec. /. is5e, to
June !, sst.............. 4s,1A Il
29,422 50
Net earnings for one yesr ....... al ,sOe 90
TIE gross amount OF taxes collected in North
Carolina for 1856 wss $3.50, 49, ~, and for 1857,
si9O1Gs "a. To this is to be added the tax on hank
stock, which in 1856 was slI,ls2 30, ana in 1857,
s3s9ss as. The total gross income from taxes was,
therefore, for 1856, $685. 6l9 So AM for 1857 s525,
Isl o., showing difference in favor Of ls61 Of
sl29 .j37 2T.
The amount received Cor tolls on oil he canals Of
this State for ,he second week Of October,
1857, vas ............. ................ s5s22I
IL 1855 ....,.s... Observation-Disclosures. l39A3l
Deficiency ............ ......... ssi2lo
This Is larger falling of than in any previous
week the present canal season and aserny indicates