Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-01-16

By this it appear. that the Comptroller holds scarcely su
cent security the legitimate bills issued by him, in
the constantly falling state OF the markets.
The return very imperfect however The item" bonds
SC probably represents the amount Of post notes and
certificates of depeste issued by concern for which they
bonds and mortgages of the real value of which is
impossible Judge but they worth nothing banking
capital.
One of the directors of the Schuylk Bank has stopped
payment, under circumstances that excite much indignation
1t is stated hst he purchaseda large quantity of moasse
ia Rhode Iaad giving Mr. Lev endorser aud the sellers
grasp shadow 1t is rumored that upwards of $4,000 the
post notes of the Schu kill Bank have arrived in Phlae
phia for collection from Kentucky, and the slightest
notice Of their issue is found the books of the Bank
The position Of affairs in the Pennsylvan Legislature,
with regard the banks 10 subject Of much interest
financial circles both here and in Philadelphia Many enter
the opinion that Mr. Pennmans resolution compelling
the banks to the st February will pass. Ia
king into view the strong anti bank feeling the lower house.
and the fate of the election for printer not improbable
The printer who the editor of pap, lost his elton
he had advocated Cove Porte regard
to the banks; he also canal commissioner, and such
approved the Geverno This indicates the state of affairs
in the House; in the Senate change of three viii
defeat the and the Governors influence will undeubt
eddy be exered favor OF the banks The Of the Cover
nor me sage united with his ac fully prove that he
is inclined towards the United States Bank Although
all that the influence OF the United States and
Girard the Of the suspension Of the other
bank yet the message contains word of suson
the affairs of those but recommends the sale of the
stock owned by the Farmers Mechanics Phi
adepha and Penn lvania Banks, which Institutions
amply able to meet their liabilities Again, it will be reco
ected, that November last the treasurer addressed note
Of the banks, declining the dividend in any
thing bat specie; at the time, they received from the
United States Bank, in payment of loan made in August
three months previous, and RENTED Mr. Jaudon in Lon
don, the bills of that bank which deprecated ten per
cent This Transaction not alluded TO all in messare
the governor being desou doubt of cloakn over the
by which he delivered 50 OF the state
stock TO sustain the credit OF Institution which stopped
payment before settling for it,
These facts daily increasing the opposition the
vernos ommsndatons and also the anti bank feeling
The explosion Of the Vcksbug INK has increased the dis
trust Of this stock and the Stoniugton the Gard Bank
has OOo her capital peng So 900 0O0 they
creditors The Voksbug for s1o 900. The Vsksug
the United States Bank 81 2oe oOO in addition which the
United States Bank holds 900 shares of their stock which
advanced at SIS at time when the stock selling at
so The amount ef the ndbtednes of The bank TO the
two Institutions is 81 $4,000. The investigating com.
uee recently valued the Vcksburg stock held by the srd
at s2O and should the failure be confirmed the loss will be i'm
The debts owing by the foil owing companies to the
United States Bank -
Morris Canal Banking Co. Georgia Bank
New Orleans Gas Bank Mobile sufferers,
hatcher Bank, Stonngton,
Vicksburgh, Danville & Potsville RR
Elmyra X, Little susquehsnna
Tide Water Canal Company, Mississippi Bonds,
amounting to nearly sl7OOoooo. The great depreciation
which has taken place these securities fate of the
vcksburg Bank has by tended increase conf
dence in the soyency Of these The other Banks of
Philadelphia
The Commercial Bank, Farmers & MechabIcs,
Philadelphia do North America
Northern Liberties Kensington.
Moyamehsing Southwark
Penn Township, heehanics,
Germsstown
enjoy, in great degree the confidence of the public
in their ability to resume specie payments and the fact
that the influence Of the United Beuk and Cir ard
Bank prevents them from doing the oaium At
tached TO those institutions
As index to the great depreciation funded property
during the past year. have compiled following table of
stock sales at the New York board Of brokers' during the past
year -
PRIcEB THE LEADING THE NEW Yosx Man.