Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-10-14

been stated that the sxchangs returned, esdsrses ne
Bank in New Yora, had been paid with danssss. In""
however, not the w 10 last night they naa NOV
sstsd Mr.. Wilder in Philadelphia eadssvormg %
make settlement. In the time the osnA mere
extending its discounts, while u acconPhce' tne orsrd
Bank has been obliged in consequence Of the governors
mansto redeem small bills they have issued specie
In these assets Of the T. may be discovered the germ
Of the irredeemabe policy Stocks have been falling for the
last eight months every endeavor has been used to create
rally The u g. Bank has used every endeayo by drawing
specie place herself in such position that general
suspension would be upon her taking the lead 10
such an event. stocks would RISE and their far
their inflated TO enable them to clear
themselves The firm position Of New York, is the rock
which they split Nothing but suspension Of the Bank of
England can save the institution from insolvency.
The and regular merchants Of New York may rejoice
the destruction Of system which has been the prolific
cause OF disasters and fluctuations which they have
counered the last five years The artificial action Of the u
States has brought about the anomalous position which
we now placed The csunr overlooking with produces
trade has been small and the commercial debt Europe
large and yet the banks find pay their
debts This arises from other than the great imitation
paper currency which longer be sustained
ken down by ITS weight and shng all those who attempt
ed to support it, All Others will through the crisis unharm
The commercial and financial character Of New will
remain untanted while she will become the focus Of all the TO-
reign and internal trade Of the United States.
The stock Of State Bank Of Boston have vo to
reduce the capital Of H. Bank from 81 500 2e0
33l per cent The Bank Of Grenada taking measures
to wind its affairs All the banks in Newburyport have
declared dividend Of three per Gloucester three and
half
The following banks in Ohio either broken or thought
TO be in unsafe condition Beware other noes-Bank
West Unon Farmers and Mechanics Bank Of Siubenvile
Urbana Banking Company Bank Of ChIlicothe Mechanics
and Traders Bank Of Cincinnat Manhattan Bank.
said that the Branch Banks Lawrenceburg Richmond
and Madison, Indiana will be aragned before the Legs
lature for alleged misconduct.
Sales Mt the Stock Exchange.
$4,000 Corporation Bonds e6k ST do 96a-S5 shares
Baak TO- rs do 20 b30d rs do so do 70 b3Od so TO-
do 70tw20 do Fulton lilo do Dry Dock 6s3l0 do Allan
S525 do Nee Bk Ass 6l20 do Ohio Life Trust s4l07 do
Com 94A 10 do 94t-l0 do Am Elk 1880 do Del Hud So
rs do 5a 500 do 62a do 52 so do 52 l25 do 500 100
do s3a so do SO IS do a is do 52 IS do 52
52a 100 do 52a sl0ds-ls0 dc Trust rs do 4 IS do
44t NV, 25 do All, 90 do 44a, % do As, 70 do ASH
slOd-50 do vicks 80 rs do 3ll5 do Kentucky COL
do IS do 66 Is do so do 66 Webs hi b6Ods
do Utica Schen l7t 80 do lbs 9Ods so 9Oaer
10 d so do lis 5dsl0 do Canton 81 20 do 2-6 do
Mohawk So do 49 IL do So so 4sl s30ds-lO do Pater
502l do Bo Prov 99-2500 do Elk, Phil 9-lOO do Har-
lem 81 SO do 81 s6ms 100 do $751; las do 80 bsO
so do 49, SO DO 37 $50 do 3 SO do 3 0 do 49, so do
SO SO do SO 100 do Ssi saw de-
Utica SYRIA l05