MONEY MARKET.
{"newspaper_name": "The New York herald.", "edition": "01", "page": "p3", "byline": ""}
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NAohuay, oepus Ao-o H.


The stock market remains without much alteration
quotations for Long Island, Canton, Norwich and Wor
eestsr and Reading Railroad closed firm at Saturdays
pces Erie Railroad improved per Morris Canal
Farmers Loan declined T. The transactions were TO
very limited extent.


The State comptroller has issued circular offering to
redeem the State ves becoming due the first of Janu
ary next, with interest from last payment Immediately
lie also gives notice that said bonds will draw
interest after the lst Of January 1876.


The position Of money markets is very favorable
the amount of capital offering for investment large as
usual and the rate Of interest fraction below the legal
standards. Although the fall trade is now at its heighth
the offerings at the banks discount are quite limited
and the mercantile classes appear be very easy in
money ma0rs This is partially the result of limited
credits and strict adherence to cash business
possible 1t requires less capital conduct large bu-
sness than did several years SINCE when credits
were so inflated and although the per cent profit is
less than in former years. the nett profit is much larger
Business is conducted upon safer, surer basis than
at any time within the past ten years, and it is only by
close adherence to the principles now in force that
prosperous permanent trade can be sustained


Books of subscription to additional capital stock of
to the Morris and Essex Railroad will be opened
IN Newark ~ the ls and ID days of October This
company have determined to extend their road from Nor
ristown to Dover which is situated in the heart of the
populous iron region of New Jersey. This extension
is an important step towards the contemplated railroad
connection with the river Delaware and eventually to
an intersection with the New York and Erie Railroad
An instament of five dollars each share subscribed
will be required to be paid at the time of subscrb


The subscriptions to the stock of the Erie Railroad
now amount to eighteen hundred thousand dollars Ieav
ing only 81 200 900 to be TAKEN There is very lit
tie doubt but that the required amount will be obtained
and the completion Of the work en- nsured.
Domestic exchanges are very quiet There is little
doing that quotations cannot be considered other
wise than nominal The variations in the are how
ever, very triaing from week to week.