The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-09-06
THE NIAGARA COUNTY BANK.

suas VIC nctcS OF we Nmghe OUunV p"us nv NV "
deemed, ncorec. The bills are redeemed, and The c'
cuAon OF the bsE under eco ooo and ~ securities In
she d psrtmens Ue slcb,ooe.
MASS AcaUsETrs,
ynANcs And BUSINESS.
from me B,stop Post sept
Money h In quicker and and the supply, oven q ad
vsnced y.es scany. On Saturday the very best paper
vss 10 pr cent Lenders holding BE- v for higher
ases market has been percepEcly affected oy the
aco Dtipg Of paper on New York account and the neS
aay bssk LOAF eibS Of scecie to Ne~ YORK; ane
on Saturday i Was reported thai .he saflok would Do
aggregate specie holding OF STATE % 3ss,uo
ne present week begins doubtless with aoou, - 900,
althonso 70 morro~s return Of last weeks average will
probably not behL that Of the week preceding
mo chance that ~ he end OF te week our bangs Sh
hosd sss than Is 900 90, md With pr.e.b'nsy Of
Yo.k unds are nov in aoive demand both frsm Banks
ed Individuals u sterling exchange prices are nom,
s ss, "a ,. ~ s D'' eO Ssus the
SA i,ns FOR considcrab los 10 rates would pre-
vail bot - there NO boat on saturday nothing has
been done here y sterling for some Gays past Fer any
hing paper thoroughly known II the purchaser rates
nigh and Irregular and great d'tcuhy CT pertenood
ny nutss % b hoped &.s q. r.ss for ali bat the
very choicest paper now nearly or quite 40 70 wall
sFces quotations, chs makes may Do allowed 70 Keep
Yutely prcson, condition, which, may be In
Ter iron the 70 egopg remsTks, II mono too good for
borrowers. our specie run do'n mnch oelo. three
cssslde ppessare Theve nothing Q, homo 70 warrant
anysaing bat . toierably easy money market
v,,"sss n.,s moi bean 20 STONY but The ans.vorsse
change nAs particular ca1se inEnt copper 10 better
We informed tha! the Minnesota company has realised
wsshn shade Of twenty five cents upcn the average ~
ne spd quarter millions nf pounds sold this
nerc h htc hfe however In copper shares ~ ye snA
Of 81 mss b.
me New York stock market remains In about the uu
psssant condi Ion last reported with occasional rallies
(v1ua rf tha "
We're for the anxiety Of these PEG e TO buy and bag
Aeir profits lower prices would PROBABLY prevail. far
unos Central combination -h the genera dlstru,s Of
rroae has put mat fsverc ssocK considerably below
me New York banks are TO help through the Erie, in
paying IL September in'eres BY loan Of 500 900 Mr.
Moran hinks This s enough 70 get along wth even he
ID bonds coming forward with readiness 10 tAke
she ISSUE payable half In bonds AID one hAf In
me cre4,srs Of tho Chicago Paul and Fond do Lao
AAuad gran:cd tho desired extension /, that corpo
rAson. We are informed thai tho Suspension was NOT
aased BY lack Of meAne bot BY the de;ermnsou OF is
aa.ns endoscr q gentleman OF large fortune In Cncag)
know sss where how he stood Sith regard 70 its
Asai, hss been entrusted 70 . vice. Of Who y
D. khley Esq Of this city. well known ~ the pfosi-
tsst Of the brokers' board, and gentleman OF soh
y, intelligence, and what u quite ~ remarkable Ia
tAsse uma, o. unblemAhed intee lily Mr.. Ash
~ viii devote his best energies 70 the affairs Of
Ne chicago 81 Ppul and Fond du Lac road and IN doubt
ebleriAincd OF lhe OF she laoors Of me CON
nasc The road 10 IN rapid progress, and ~il soon be 10
esro. rsSsys s ns ~ o. :, Ios
reported be already earning expenses And interest," on
- ars, mortgage bonds
ssoux troubles Of Wall street Az our readers may 70
Dsmosr have recesty m time 70 time called their
s-Sss And ~hlis ws csnno, srm sn.t we eIpeosa 80
rapid and Immediate decline ~ hes occuyoed yet. 80
cSpnal ARTICLES viii prove, We DID expect gradual
ssss,re down OF railroad securities 10 . level
which, yet, has been attained We expect u
Of The stocks reach s,i lover depth AMI shere
agures show ~ plain daylight, tbs, In the prevent
iAey worthless, whatever they may be In the
ss.sD. future And Sor rssde, , ~n re%em
"b~arsu For years NE Mes YorG stocE msrket hes
sssssteo TOO much Of money and thought In abuses,
NOUS OF ,he public sod OF the banks has
uHtered lhe 0veegrwih OF railroads. encouraged over
have been properly ami probably employed In To-
srms e business Noe ws nold inst while On appeal 70
rsos may be very we'll appeal 70 Interest IL much bet
W. - ar a. The average Of men and corporations con
oerped. just In NE mioss OF Wall street dsa sters
loudly copd emnir the banks for making
loans brokers' tnereoy encouraging me
banks will be good boys In future and "no do again"
b., 'se ees gay, In our vcs, 70 make em good 70
hncv, they have losi enough 70 " scn tnem
.hey viii re.dily forget But the banks
1sr ~, &c bal orgsos and %oS@P,so s ?, me com,
money Of the peoplc-And tney aid no< leod
tols 70 brokers ihc brokers would get the money just
W sDd stock speculation would 90 jus the
iosG toe community Of stook spectators found the
bustssa proaAAse And Just no~, fancy, la-ge por
aos his community hes money enough
toasos Thai win MOI readily frget Aud besides cse
people there are otnerr-nonoi, entrapped investors-
vhose osses dcpiore bat no wtu pause f1 . Iouf
tine, tnsy euuur thsir more or e0 Of cAsa 70 neS
soAerpri,es Of any sou Hescefovh they VIII be likely
BY hem From Ell ooosidsrsuons therefore -e ihink 81
nkey thai Tor some time N come the Sc~ Yoyr stock
@Arss On not ee ~hss hes reoeuy been aud sure ~e
that The public gooi and public happt' VII not
suner from the change Not tnA the Me- York market
vfu iAds on, Ike ihas Of Boston, for se~ Yors u
70 be very large legitimate business 10 boyins
And selling The evidences o. oorporse proprty.
ma ne bope Ano believe INA. win be ICES enormous than
hes been and Nc nave no sa,a ,ns, for . lors umc
pau<s VII be silly eneush 70 boy Erie Ia Crosse
scutbern Michigan. Each may improve In the make.
nnpovdsng 70 Improving facs bot each si prove By
ssr, and rise hereafter VII oe slo~, gradual and
vhsui any rush In other securities that have not really
And here ve would remark that much Of The taIs seou,
sbrih, and tbe0s In all nonsense Some of the
a. 20. he.s,e sanoun zoe 70 .0,su 80, 81 son
lAcee idlc words. Propersy holders should ffovn
sovn the prscaoe Of scirg "snort," beyond quesarn
fcr 10 their right and In DO Bat toe cthet
hand should be remem sole oosc, Of
.bcArs' % 70 maAe money, In all bat exceptional cases
az Sa n AR my dsp. ss ,ns 0 saor, r, ,9I
intelligence, reputation, money depcds sad BUS
asss eristopoe, and 10 mainly attempted 10 order
rvmsnsp q snsis case in shion the "oe.n''
rve Decreased largely, or for any length OF time,
any ssock thai wc oesrty valusoIe, ~ the tine theT
soooeeded In Depressing a. that recovered ~ former
pos short tine Of er ey oeasei tncir efforts 10 the
nAae point The hrurcs do show tnat the most dc
Fessed SO ,ss kes York CHEAP II present prices
IL they did tr they had showu tnls all along back
Ne market would have been sustained and the beArs
would have been beaten. Tbsre always psople and
De~ey enough 70 oay mnr that se clearly cheap, an
We Pablo y more aps W think . thing cheap when 10
n~ Than the reverse We can conceive Of clique de-
r~-ssins . stock fe~ dosrs temporarily for no good
rc~aco, but -e have no faith In Ne ability knock any
nins dovn from 80 70 70 ms fe- vee ualsss there be
good grounds for tbe decline here ve do moi orsc4
Inc eject Of pancs 10 The resen, a. far A. .e can
perceive and 10 nearly oil ,hey 90 the snt roe
rarely al thai thai friends deolare than N he
An before remarked ne ngurcs DO no, shc~ the do
pvcuscd New York ssocks 70 be oheap, even nov
NEW YORK.
yHB susrKTDsD BANKS m BuYFALo.
from the ecfislo Advertser, SEA