Mobile daily commercial register and patriot., 1841-08-11
NEW YORK, Aug. 9.

NEW YORK, Aug. C.
 The sales of Cotton on the morning of the 2d were quiet. The lst Inst was Sunday. On Saturday. about 400 changed hands without any variation in rates.
 Exchange-On Charleston E; Mobile 9t g N Or leuns 4 5; Augusta l0; Savannah $. Int. Ala l. Foreign Exchanges for the Boston closed very firmly 6i for Sterling, and of 2i 5f for francs The supply of bills large, and the amount of op erations moderate.
 Very little done in stocks On U. s. Bank there slight decline.
 The packet ship Albany, from Havre brought l,O52 500 francs in specie
 In Philadelphia, between ty and sixty suits had been instituted by the U. s. Bank against deautng debtors. In stocks there no movement.
 The five per cent government loan Of twelve mil lions had been three days before the Brokers Boar but without a dollars worth being taken On the 3lst hundred in Philadelphia currency offered, which is about equal to 96ic This the highest bid made The New York American says of this loan
 They want twelve millions of dollars and the law au- thorzng loan to thu amount allows per cent interest on the stock but reserves tho faculty of redeemng months notice, or at Hny time aer three years. It is questionable whether upon such terms, with al the dundance of money, the Treasury will obtain par, and by law t cannot sell under whereas fora pr stock, irredeemable for l5 years premium of , to t per cent could probably have been obtained. For European investments, the shortness of the term for which the loan is made is still objeciionabe.
 Every step taken in this change of the character of debt of the nation from Treasury notes drawing very small interest and otherwise greatly convenient the Government AS well to the commercial community to permanent debt of the largest rate of interest, clearly shows the false economy of the movement The excess of expense of the debt under the law years it is estimated will exceed the and crest - cident to Treasury notes least half million of dollars None of this stock had bee offered in the New York Market.
 In regard to the Branch of the U S. Bank in N York, the Journal of Commerce the following article "THE BANK OF THE UNITED STATES IN NEW YORK. It is said in the money circles that this institution cease early in August It is also said that the gentlemen who have been managers Messrs Griswold and sop make good thing of it They made bargain with Mir Riddle while he in his glory, agents for the U B. Bank of Pennsylvania during the continuance o its charter, at a certain salary Now the Bank wishes wind it's affairs and terminate its agencies but the gents here claim 10 so according the bond suit Was commenced in ihe case, which has been settled by allowing the agents hundred thousand dollars, to give up the contract The money for the purchase the lot and the erection of the bank building cd by the Bank in Phadelphii and d show of capital made by deposting here large amount Of loans and discounts already male large part of which still mains as it when placed here. It wl, perhaps, be known now, what the peculiar character Of th bank was and ito relation to that ill Philadelphia winch bled those who knew that Was and was not, uiul the methphysclans were cohiounded. The buld- ing, we suppose, has been the real New York referred 10 in the statements oi the mother bank"
 The American Insurance Company has declared div dend of nine dollars per share three of which will be ad ded to the capital and the balance paid the sockhold CTS. The Chemical Bank, on the 2d, declared dividend of four per cent.
 The New Orleans Bulletin, of Saturday, publishes an official statement of the condition of the banks of that city. The following is a recapitulaon oft;