Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-01-17

y
"eee 90 90
This Issued bills Of The description dated De-
tober at twelve months We gave copy Of them at that
time This appears has been Issued lste december 81
1889 necessary to continue TO cautoa the public against
these bills The City Trust has small ci sulaon Of legt
mate bills signed by the Comptroller institution undsr
the General Baking LAW These post not secured
BY the dep1c Of any securities recognized by the
law bat contrary to its express provision and the right Of
the 20 do business is forfeited by The
Comptroller very rem that he has already acted the
matter.
Mobile paper states that large amounts of bills Of
the Bank Of Pensacola in circulation These bills. al
though new, are signed by the former President " Re-
CHESTER who was lost nearly two year, since, the Puask
The quantity of these out. said to be immense
1t is stated in Philadelphia paper that the return Of
Mr.. Conyningham, the President of the Vcksburs
Bank connected with the welfare of that Concern aud,
that in consequence Of the great interest Of Phad
in it's affairs two active and eminent nanciers
about proceed to VIcksburg, examine into the affair
Specie contnses to flow into New Orleans from Mexico On
the 4th inst S4 32s arrived from Tampco which port she
left the 10Th December in company with the British
packet Figeon with Sls42l9 for London law levyng
mpost of Is per cent all imports had been proclaimed u
Mexico and eonducta with 100000 had arrived Vera
Cruz. 1t stated that all the notifications Of the loan BILL
suggested by General Hamilton have been adopted by
'hejTexan ngres To effect this the object of Gene
raj Hamions return from England The loan 00o
bears 10 per cent interest," redeemable in SO These
facts improved Texas money New Orleans cent asd
it sold for 40 cent? the previous rate IS per cent 1t
will be coecteI that tn. Merchants. Bank of New Orleans
robbed October last of of which $4,000
in 500 The bank has putliihed notice fol-
lows -
New Orleans, Jan. J, $40.
Our circulation of 500 notes being nearly reduced to the
which stolen, board
determined to -euse psymeu of the remainder of that
for the present under the hope step may lead to
the detection Of the thief.
Respectfully, your obedient servant,
ROBERT CoPL AND, Asst Cashr
Governor wcke, OF Kentucky, has addressed special
message the Legislature Of that State the subject of the
Bank Of Kentucky wherein he recommends the empoymen
of eminent urt of the State her agent topoc.ed
Philadelphia assist the president the bank his nrest
Cations II appears that the State is the Of 30 l34
shares or the stock Of the bank At meeting Of e board Of
directors of the bank profit of 81 per cent shown the
TIE past six months but consequence Of The
frauds the following resolutions were passed =;
Whereas the Board IF Directors having lately received
Of extensive frauds being Committed by the schuy
kill Bank whilst acting agent for this bank and being not
yet known whether not this bnk will suffer by said
frasds and, if at all to what ex emit; therefore,
Received, That it i, deemed pr per under such circum
stances that for the present. dividend OF the profits among
the stockholders should not be made.
The from England although but few days later of
much nature than has been received for
many months By reference head will be
the accumulation Of bson in the Bank Of England has
the last return. The decrease of ecu.
and circulation has also been very rapid This has caused
Of the features that have been
here pressure and rspd decline in shares,
attended by failure among that class Of dealers whose capital
depends much upon bank accommodation to be safe
tight market The foreign exchanges yet slightly against
England, which indication that the recent imports Of
i
silver will b, seen, has been exported. This active
agent driving gold into England employed chiefly
purchase OF bills running England for Corn and
leaves the gold at liberty 60 back for goods Another
had begun act in favor Of the exchanges in the operation
the lean Of Mr. Jaudon which de payable partly
Par and stated to be much in demand there all sold
there will be the basis Of bill. drawn from London.
The Bank ei England considers its situation secure
that has ceased to the Ms Bsrings with bills again,
importation OF bullion; the thsmoney
little e1sy the bill brokers appeared to 6nd
difficulty procuring money 10 the full extent OF the demand
for discounts The rate e. commercial paper OF fair cha
racer per eeat but the private banks had been
offered than 81 per cent call The commercial bill,
which fell due usual at III. Of December
very large and generally prompty
There was however, anticipation OF increasing pressure
toward January, when the smouat Of commercial accounts
falling due usually larger than any other period of the
year. The principal articles ef colonial pre- duce
much affected in price by the PRESSURE BIT manufactured
goods Of all kinds sensiby Affected The manufacturing
J districts continued N depressed state.
On the continent there apparently scarcity
and there indie aops Of renewed demand for goods In
there evidently increasing anxiety for safe
The following the return Of the Bank Of Lae
| for eleven monh,, the 3)th November, 1859
IBAsx sy Larrrr.
Receipts, Crane..) s2a oos 600
Payments, $4,000 600
Balance IN hand, 1000 600
sILz
Received, 2eoooceco
Paid, 277 900 900
Balance, 100000
On Paris, $500 COO
On the PROVINCE, and abroad. 5000 600
Bills received hy eorr,'P.ndsbee, l3s COO
Total, 9sj Gao 600
Tie eczsrn Of the post bills 10 about IN. ,sms amount
a, we have already given Cor the mosIh of October
Crcslsed, ~ zoo 600
Pad, 5000 go
Balanee now in eircaiation, 10000 900
Tn. pySab.r OF accounts 10 the inerca,. they
number present $40 The discounts including the
RAINING mosh year will nearly fsso ooo0cO
whieh THAI done lat year The d,pJ TO N.
holder, % oeh, will be nearly the a. last year sotwth
standing the bad state of eomasre,.
Thi. shows Increasing activity eonmsroisl b cope.
eiaIy oa IN. msnufsctsrns dii,rict,.
The general view &C esmmsrcsl affairs ~ nue. more a.
rorsbl.. and should IN. British esa bring affirmation
these Favorable. ndcaous nay begin let the trouh
under Ausriean stocks 10 b. NOR. On 1smaaa cod
L. s. Bank shares quoted At as, which an impr W.