Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-09-16

At the Stock Board this morning sales were 10 fair
extent, at rmer prices with the exception OF u Bank,
which declined per cent; North American Trust ami
Banking Company improved per cent; Farmers Trust
per cent; Harlem per cents stoningon per cent Sales
of bills on Philadelphia at 81 a 81 discount.
The following sales Of State Stock made a. the
Board, rs follows
5000 1000 Inssas peJ cent '''o'....'...s
$1,000 Ohio 6 per cent, . -.
These rates exhibit some Improvement. The following
were the latest quotations at London =
PsIcEs OF AmsIc,s srooxs At LoSDos, Arc. 20
Alabama sg. ises, 7aso New York Ewes, $500, 81.
f. s ..,. 1850: .ss. III: =
$50 ;Pl s:% S.s. Is.
M,, land and ahf.sa Ses fcsa sS lives. S,ssi
New YORK n nss. 1855. f0'A '''
will be recollccted that the States Of Indiana and I'LL
nois, last winter, issued scrip payment their work
men. Those OF The latter state employed agent to
money them in London, which transaction w re-.
Gently alluded The State OF Indiana isssed 81 100000 s.
notes bearing per interest months for the pay
ment of these provision has been made They also ssuei
900 Of the denomination OF 500, hearing per cent
years For the redemption of these latter,
distinct provision has been made. The five dollar
pass currency in Indiana aud purchased BY the
brokers In this city, among others by sisare Of Is wall
street, at the follow ing rates
Indiana Fiyes, per cent, one year to run s7cis.
Fifties, two -
Illinois scrip so
Philadelphia paper becoming the aTologist for the
monstrsus conduct Of the United States Bank says
We adhere the opinion that the bank is improving in
her condition. will resume specie pay the appoint
ed time and III ultimately recover much of her ior.r
credit That she has lost several millions /. b,yond an
qucstion-tha gross and monsirous errors were commit
ted under her former siars not intentional pcrhaps
also indispptahle. But her affairs better hands
searching committee Of Investigation, healed hy Rich
ard Price, member Of the Society Of friends and c!
ehafs Cf f,p agF PIT
been engaged in correcting ahusesa better understand.
ing exists th the other banksand all tn signs ndeci
Tor months past, have been Of the right Mind.
This Richard Price who is making such searching in
vestg alton is Of the securities of the Aank for the
stay Of execution $4,000 900 Of its dish notes anil
according the requirements Of the law should be wotth
the whole clear Of all debts If this gentleman Is
making inv estga;ion, apprehcnd the pablo will
have hut little confidence in any report that nav er,ana.
from such quarter Instead OF spreading such ridiculous
ruror II the bank would make the statements required
by law, IL IT cannot pay its debts there wruld D..
more semblance Of honesty in its movements The bank
has BEEN by all in its power 10 realize
something from its south specuations but thus
far believe they have been successful The Con-.
cal and Railroad Bank Of sbxrg was in debt 20 th.
concern 81 1000 at the time Of cx plosou The Rail
road owed as follows TO 4. s. Bank 81 9goOo,
To the Girard Bank 100 0cD
PhenN IS1Nt
Other debts, lOOOnpD
Circulation and certificates 100000
Total sl5soOl,
meet which The Railroad not 6nisi.i ard si5oo
bills receivable when scho sndC waite son,
on TO effect settlement the rights Of ihe New York AMI
Eastern stockholders were entirely di.rcrari, l. ,
discovered that ofthe bills reccir ole but lc vop
be recovered and to bolster The railroad as sr,cr
lstion would be the only way secure the debt du.
the Uacd states Bank. Accordingly ON consito.
that certain appointment made and the rnilroaI
made to the hank she agreed give ,ova
the completion Of the road thu making the debt sI5ca
Ooo andleaving batchof unc0lloctahle bills 70 rernun
the other creditors aud the bill holders The ralros
ITSELF speculation, Is Of the most hopeless Of the
wild projects Of 1885 The bank will probably nc,p-
realise cent from it, The transaction illustrates tse
manner in which the institution, since suspension has
been using its funds 20 bolster the speculaons Of is OFT
GERS instead Of paying its debts Nashville paper hos
the following on the bonds Of that state
We are happy 10 have II in our power 70 state that
market has been opened in the city ofFhadclpha for The
Tennessee five cent bonds issued for purposes Of Inter
ma mprov cmcn' pnd that within the last sX weeks