New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1843-02-23
GLOWING are the rates of Inland Exchange ::

Tn. following exrac, from litter from London, written
BY one the banking houses Ill that city
will give idea of the of feeling there in relation
10 State BondS, &c.
"LoNDeN, Feb 3, 1913.
awe have read with grea; in:eres! what you commu-
,cale on the important topic Of State Credits II is
which has long occupied the anxious attention OF parties
here holding small OF American Stocks whose ALL in
many instances is embarked in it, and who suffering
the everest prvaons from the payment CT the interest
The natter has been taken ny the grea: capitalists,
and seems probable that there will be meeting
distant period to consider what had best be done. 1t ss
generally viewed by them deSe vnr early and
earnest attention, end il has been suggested that
pn person persons should be sent out Ia ascertain the
,u,on of tie States iE arrears, the disposition of the pso
pie and the views of the respective Governments; but
d.fpe plan been brought forward II The establish.
pent State Credit simportant here certainly no LEGS
important your sde and II seems at present the only
means of restoring the couHtry 10 It's former high standing,
properly It's natural and fair value, and Of placing the
general business of the States solid and advanag
basis Until this object i, attained. there may be petty
pecua,ions in American Stocks, but large purchases
for investment
arhe dedication Of Mr.. Ncoll, of the NJ Y Life and
Trust Co., is calculated greatly increase the general dis
trust here II shows that there is such OF asd
system in American business that great wealth and high
caracte, The Direction Of Company protection
sgaE the commission Of frauds the part Of
their servants
fevery packet did bring of continued and
immense defaeations frauds &c. &C., might forget The
past and tempted by the high rates of interest Ameri-
Stocks make investments in the best tbcm The
caon Of Nco and Of the Cashier of the Citizens Bank
oil New Orleans, came by the same packet The following
are the quotations al which occasional small sales made
Alabama & bonds So bonds 60 65; Illinois 1917 Indiana
2!; Kentucky I'll 74 Louisiana Dc &c. 1874, Sc Co. Ma
and Is 49, 5 80; Ohio 81 Sit Pennsy lvania As AZ
SCarsina Palmers III So U. S. Bank Stock lOs"
Wn bava n.n,|sh ~ Nn~
wh and Worcester Railroad just rendered the Massa
ca,e, Legislature. The whole cost of the road engines
&c &c set down at 81 sci 49, The receipts Of the
road were $57 1858 81 OF which $s312 IS for passen-
gers and S;54i9 II for freight Tie expenses Sl22
$50 49, including S46 sS5 IS Interest debts leaving bal
of $s52 2s IS. The profit Of the year 1912
sP 10 The receipts tor passengers and freight in 1871
were sl5o a. The low rates OF fare caused the falling
of about SIS, 600 in amount received in 1912.
0ucs of the Middleown Conn3 Bank, altered TO Tens,
are in circu laou al Boston,
A proposition Just made in Philadelphia TO create loan
s;poOto in the OF the City, for the purpose of
inung the buldisg of the Grard College, is exciting q
large share Of public notice in that City.
The Baltimore Fire Insurance Company has declared a
ssmarnua dividend of per cent of which per wi
bepud 10 The stockholders ard per added the
contingent fund.
Communication has been received from the Board Of D
reciors OF The Baltimore and Ohio Railroad by the House
Delegates OF Virginia, offering to exchange the State
bends held by the Company for the stock in the Company
Asld by The State provided the Company has permission
accorded to theta borrow any exceeding $1,000
"p and 10 mortgage The property therefor. by this
Tie State will reduce its debt by the of Si,2oo,sOo
The Treasurer or Pennsyvan has made the following
statement Of The state of the finances:
money In the Treasury lSt Feb l8i5 avaabe) 81
on dvposr in sundry banks, &C., De-. "a, 1876 IS
Total $685. e64 IS
Slthis, Cancelled. ...................SloO,oo 900 90
s.lspart lst Feb tor payment TO de.
uies,ic Creditors. ..................lG,20S 81
bniafce OF repair fund ......... 5000 72220 264 6s
leaving $40 vgU "
EsInlled receipts Tor Feb and March, 1870 900 W
Total. .Sl70OOO Of
10 De Cancelled Feb. and March. 5000. 100000
Demands On Tseasy Fec and March. c0o-S7500o nt
m Supposed deficit. sos 900 tC
mere Is OF :und received from the General Government
ssS "a and The amount due Bank OF Pennsylvania
part OF "hcs mgNt be aade available by receiving II III
2N May lSsue o. L nj Bank