The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-05-02
MONEY MARKET

Monday, May 1-0 p. M.
The operations at the Board not large today.
Ohio speculations were the principal business These
rose q per cent Kentucky per cents Illinois per
from last sale New York rs Of ls49 per cent; Long
Island fell New York fell Ii stoningon rose per cent
At the Board there less doing and prices huc
tuated good deal.
The notice to redeem Treasury has been expect
ed They sold 10 day at premium which just equiva
lent to the interest to them The issue OF tke
stock for their redemption will probably materially
affect the old stock, as is merely change of invest.
ment.
We stated yesterday that Mr.. Watt had taken up all
his stock This admits Of qualification, viz all that
profitable The position of the company pecu.
liar.
On Saturday, stated Ohio per cent stock above all
Others had risen per during the week. and pointed
out the viz artificial action upon the markett to
raise the price Of the per cents order obtain bids for
he7 per cent State loan issued in violation of the solemn
ly pledged faith Of the State.
To-day morning paper, employed by those interested,
states as fellows
the 7per cent Ohio loan will he taken in this city 1t
not believed when it offered that could be Ia
sell below par The recent rapid advance Of the
per cents has, however, created an impression that the
7S will be taken"
any one suppose that Ohio stock rose Of its own
accord simply the violated faith by issu
ing 81 500 900 stock Money plenty that it can
be had Ohio's at go, and on memorandum checks
considerably less than that.
This ia the way the public sought to be csjoed The
redoubtable Courier also this morning asserts that this
paper has waged deadly against the stock of the
State OF Ohio, and that Ohio stock under these attacks
has advanced in price about per What we have
said may be called attacks any thing else that the
STOCKHOLDERS please but they nevertheless facts
Stubborn undenabe truths incontrovcrbly correct
that no attempt made to rebu reute them. miser
able spendiary only utters its foul vituperaon in
answer But the Courier says that statements made
the stock rise Very well, what that to us1 How does
the Courier know but that intention Did the
editor hear Of the rishman who driving his pig
to market He accosted with "Where are you going
with that pigT "To Dublin" " That's not the way
to Dublin; it is the road to Cork" Hush don't say
word the pig thinks he going to Dublin If he thought
he was going to Cork he wouldn't 60" Thus II is with
fnanciers II you tell them to 60 wsy they
to 90 another business is simply tell the truth,
and amuse ourselves with the result he stock goes up
or goes down, philosophy is undisturbed-we have
discharged our duty.
Tho tide of specie setting to this country is likely to
be overdone 1t would The imports at New Orleans
on the qad. were as icllows:-
From New York, S2o2.0oO
Havre, 100000
Liverpool ll7yOOO
West Indies, 800
Total, S662,7OO
The commissioners of the State Bank of Illinois, in a
report dated April 49, give the following results oil the
proceedings under the late law;-
Amount Of specie paid out, sls5se7 o.
OF certificates issued as5 s69 a
Of paper redeemed, s52o7oi "a
Of certificates in payment Of debts
at the parent bank, Ns77 70
OF ceIuhcmes OUTSTANDING, 33O686 90
Oh notes. sls, 100 20