The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-22
FINANCIAL AND COMMERCIAL
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fhs sock market laasned oul good deal to-day. me
imitation Of he past week has bscn 700 rapid, snt
u,ou TOO slight foundation, and The result ID In ,hs
sudden collapse ma transactions this morning we're
quite large In Ill NE prominent speculative s,ocu
bet In almost every instance lower prices ruled. ~ Ne
nrss board Virginia os fell Oh pr oent Nss YORK oan
.rsl Is L. Ers bonds, 1871, Illinois Central bonds, a.
American Exchange Bank, 81 Delaware and Hudson, AZ;
Cumberland, u; Canton Company, Y; Now York uenual
Railroad o; Erie Railroad, I; Hudson River Railroad, vi;
Hassem y; Esadins, ~; Michigan Southern, old q do
preferred g. Panama, Cleveland and Toledo, Chicago
and Rock Island Q. There w. oonsidssAblo sotviy In
sA.e ssooks and with NE exoepuos Of Virginia hey
well sustained. Stale socks, In Ill oasss vhsre proper
provn,os u made for The promp paymsns OF
interest, arc, beyosd al question, the best In
vsssmsnn Of NE day. They are MOI only uss
for .hs prsssns, bat for all time Under some strange
dclunss sAe socks gsssrAIy are selling ., very o~
pv,oss IN properties 70 NE value OF oher things The
ssooh a rAs bonds of ths STATE Of Missouri selling
a psioa hss are Axa sing largs buysn. me promp.
payment Of insreu beyond doubt; and u n, ve be-
sve hs intention Of The present Le9sssurs 70 establish
q rnkinx fand for the ultimate redemption OF the pdnoi
pol. rns sSrsssss 1nbh property Of Missouri has, By
Inc opera Ion Of defective laws, besa placed ~ vsry os
ngurs. II 10, In fast, equal 70 many elder sAass vhIch
have larger debts.
Al the second board very small amount Of bushes
v transacted and lower prices were current Tennessee
ca declined per cont Illinois Central bonds, 1k Dan.
no Company NJ Clevc,ssd and rosso, vi Hadsos Rivev
RAilrosd l. Pennsylvania cosi Company shows decline
Of psr csns sscs last sais The maxkss closed vsry
heavy, si.h strong downward tendency.
mo Assistant Treasurer reports 70 dap - fonovss-
rotal reosipn ...........,. t............ sM,N3 ~
fosa psy mens ...............'.'''...' saa'sss
Total balance ooos 100 VI
on the receapss " dag sn, 900 wn from customs, and
$500 COO transferred nom Rcs.os-
A. N,ce!ay viii bold bis regular nj. weekly aucaos
,as Of socks and bonds tomorrow, rnusdsy, 81 half psss
IL o,cLcck Al lhs Merchsrs' Excsrnse. Toe catalogue
yin nclscs hsak ard irsursrco Stocks such Unioa
vunou And Mercasnss' Erch age BANKS, 40 and NORTH
River and Peter Cooper Insurance Com sniss Also Va
rissy Of bonds.
a nuier win hold SPECIAL sale Of $4,000 Gig OF
wheeling Bonds TO morrow, Of bali pat IL oOoor, a The
ncrehsnn' Exchange,
A,eersph,c despatch RON Troy Informs us that Aers
/, no ph In the report that We Troy uy BANK had gone
Into liquidation.
We understand ths. The Adams Espress Company mAks
collections upon al parts o. the E".ern aad Western
sser Tbs oonpaiy collect money and make 70
turns les time than the banks brokers socus
toned 70, and the facilities shsy Afford OF the hshss
oree. Essn In ordiray lines, whoa NJ baaks and ths
brokers In full operation, the expedition and seonomy Of
he sysiem perscsed By Mo Adams Expreu % npany 10
decidedly preferable, and should DO generally known
rbs rsp,s depletion Of the government treasury has
saksd no The old re Of financial Spectators Who s~x
around tho treasury Department and whsed their Ape
usss Tor another Feast In The shape Of ss Of United
states sxcs FOR loan; bet lhs Secretary or shs
n, ssury nss,cO shspf ,aeys snsrcers Tney
recently me, with ncsvy Losses BY me great daprecaso~
10 railroad Securities ard are looking about rss some mes
vNy Of rssrs hs -ind bu, Mr. Cobb 10 not the man "a
sye these ccvnorans such hsves, - tney anticipate
yre nnsncIers shc hsrs aocu, tie government wash.
rssn are small pcss,oes compared Win ,uoh eau "