Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-05-02
S672,2l4
Ss04,244

This great deficiency the Of the institution be
attributed only to the midet terms, the needless
and inscrmnae Of ransatng the business of the
bank.
The committee report that the blame attaches to the cashiers
Of the institutions who had the sole control Of its affairs 1t
appears that portion Of the funds belonging the state
worthless These proved to have bought in by the
CASHIER discount of 20 cent and placed the funds
Of tho state said to be special dposhe state thus
ceying funds par which had previously been at 90
cent discount The committee recommend liberal policy
to be the settlement of the affairs of the bank
Of the stock holders who capitalists and know
nothing Of the above Transactions bonds for the
curty Of the Pie best offer the bank has made to
settle with the state is, that If the state will allow certain set
offs the Of $lsoOoo the bank will pay the state
fifty thousand dollars the Let January and the
semi-annually, until the whole is settled.
What with folly, and what with roguery, Michigan
be horne the earth with accumulation OF rosbe We
trust there brighter times ahead for her.
sales nj the Stock Exchange.
so Bank Of Commerce 1924 de 1882 Bank Of New York
l2lIl0 Bank of America l20l40 Phenix l054I 1870 Dry
Dock lc4A69 Seventh Ward ioc-4o N. Am. T.: BIZ SIS
N. Canal BIZ sile Commercial Bank Of hatcher s0-l00
Delaware Hudson So so do SOL 20 do s $780, so do SOL 80
100 do 80 so go do so g. $50 do SOL so do S0 SO do s0
10 do sos75 Farmers ILL., 81 do 1llI6 Ohio l. loi
Is do ls475 u Bank list IS do ll5 So 100 do l5t $50
lao Veksbug 62 SO do 81 25 Bank Of Kentucky sa 80
loo dc s. 30 do ss2S eassn CO. 4so Greenwich Fire 90
Utica Syracuse l07t69 Mohawk CD, 60 do o. so do
s. $3.50 Paterson ST. SO do So b30 Loeb
so Jersey lo2 b30 80 do i0a b45 do lslo stoning
neton "a 30 do s3a 30 10 do 34 40 do $3.50 Harlem 60
80 tw do CO. $50 do 90 bnw so do 90
100 do do 81 bso 200 do 6o5o Long Island Ss tse
ssase Of Trade.
The weather today has been rather unproPtoss TO the trans
action Of active business The fact also that it the day
which hreeourhs of the citizens change their oabode
FAR to attract their attention from mercantile affairs
Auction sales have been generally PsspOned remarks
conse aueny limited.
CorTos-The recent from England does appear
to have been avoraby received by the cotton dealers Par
been less operate and holders
disposed TO give price, therefore the animation has been
succeeded BY OF the market The
our Ia reach 1000 bales at l4 l7c for New Orleans
Mobile descriptions, and Ia l63 for Florida Ia l6B
Spands The arrivals have been about bales only The
fetal import, for the month Of April, has been 37167
| Export, 2seso
At Charleston there has been less doing the excitement
Of the Great Westerns arrival has gone off, prices laery
have given little The operations extend TO 1850 bales,
ut extremes Of l5a III cents At Augusta activity at
tended the receipt Of the from England, and at az p
proyemsnt IN rates Sales at 10 TO- There are coons M
market sti held above the highest given Boston the
demand from the higher
rates 400 bales upiands taken cash 400 New
Orleans and Mobile at la lsc The sales in all were 400
bales. ' 80 -.
RcEThe movements in this market have been very nod
crate since last notice. and to the trade only At
Boston there has been decline the srtcls by am
arrival Of 500 casks At Charleston there fair business
doing notwithstanding the high demanded by sellers
The sales reach l,269 herces, at extremes sf4a4i.