The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-12-01

The above comparative table shows gradual advance
in all the stocks This is caused entirely by the great
speculation going created by the banks aided by the
brokers Of Wall street These stocks little used for
investment Capitalists afraid of unproductve
stocks that handled much by the brokers' They
satisfied with small dividends in sound safe securities
The opinion that the States will make little Roadway in
providing for their debts daily gaining ground, in this
country and their ability provide had they the
disposition matter Of great doubt The interest the
public debt Of Kentucky amounts to and the whole
Of the State for ls43 amounts to only S3O5
leaving but small balance for their local expenses The
State Of Tennessee is in similar situation, and number
of others bankruptcy The State Of Illinois
will find many difficulties to contend against but trust
she will surmount them The Governor Of that State has
the Legislature for the purpose ofleyng
fore them the matters relating to the public works.
Governor Davis is the ground surveying the lands
His report anxously looked for by the bond holders
his decision is favorable, the trustees will be Immediately
appointed the canal property fall into their hands and the
money negotiated for advanced to carry the compile
ton of the canal If the Legislature next winter should
refuse to tax the people object to making appropriations
from the of the State the bondhoders stop
plies and the canal property will be sold to refund the
amount advanced. This is the present position of the
State and the of the commissioners depends upon
the dongs of the State Assembly, the approaching winter
Should the young State of Illinois succeed in carrying
out the proposed by her commissioners should
have hopes of older States eventually doing the
same There many local prcjudices that affect the
success of internal improvements and the inhabitants o.
every State have strong objections to being taxed to ia
yor any particular section We hope this feeling will
not govern the people of Illinois, but who tell
The completion of the canal through that State will
tend to increase the value of her SOIL and bring out
the resources of the people, more than double the
amount of capital expended in any other way; and
should she succeed in securing her State creditors
and in completing her State improvements in the face Of
the Mississippi election and the moral effect Of that act
her credit will be settled firm foundation, and be
example to her sister States.
The Geauga Bank, Ohio, will probably go out of exis
tence with the expiration Of its present charter the LIST
January next meeting of the stockholders has been
called take such may be deemed advisable
for the closing of the affairs of the bank and dividing its
assets
The trustees of the Franklin of Cincinnati have
declared dividend Of FIVE per cent payable New York
stockholders the 18th Of December the Bank O.,
America.
The weekly receipts the Massachusetts Western
Railroad exceed those of the time last year. large
per cent The receipts from through passengers thus far
in November exceed those of November 1912 There is
slight falling off in way travel Receipts for the week
ending November 25.
1913. 1879.