The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-02-10
MONEY MARK Eft.


The features of the stock board did not materially vary
to-day Prices generally down. Ohio SIS fell per
cent. Delaware and Hudson, Il Paterson, per cent;
Kentucky 6s T. Mechanics Banking Association sold
after the Board at7l.
At the Board there were large ssles of Harlem
afall of per cent.
Some sensation caused by the appearance of Robert
White, Esq., the famous cashier of the Manhattan Bank
among the list of bankrupts. Mr. White for many
cashier of the Manhattan Bank and agent for the
States of Ohio and New York in the transfer the
ofthose, States The institution became of the depo
postories of the federal government to the extent
S50co00 and the operations Of the bank at that time
would foot up Sl2 Co., the whole Of which
controlled by Mr.. White with precision skill and int.
gritty seldom equaed The condition of the bank now
and the msortuDes of Mr.. White, present strong
trast to institutions which have been utterly ruined
while the managing officers have retired with splendid
fortunes
In Kentucky, committee of four gentlemen were ap.
pointed to ascertain the quantity of hemp grown, the
quantity manufactured the quantity dew-roed and the
quantity water-rotted in Boyle county -
There under cultivation in 1912, acres 1859
Producing Hemp, tons, SGT
OF which is dew.rotted, :" 500
Two baggng and rope factories consume dew
roted Hemp. TONS 400
Producing with fifty-two hands and ten looms
Baggng,. yards, l56 900
Producing It's bale rope, 10000
sumo, tons, 20
There will be a suruus of TONS over the wants of
the manufacturing establishments in operation in
the county small portion of which will probably be
consumed in Mercer county, and the balance must find
market where it best can
The quantity of water-rotted is small when compared
to the whole quantity grown, mainly owing to their
being demand for that kind of hemp in the West
reluctance to engage in comparatively new laborious
bue;
in State The preparation to water.ro hemp is
increasing, will increase and increase and much
larger amount will be prepared in that way next than
there the last year.
The Committee of opinion that the crop of ls43
will be fully equal if not larger than the crop ls42
and that much greater proportion of it will be water
rotted.
stay or no berry" law has passed the Kentucky Lee
gislaurc by vote of 4s to 49, provides that all real
AMI personal estate taken under execution shall be ap
praised and not sold under twothrds Of its appraised
value This being step towards reputation, it is
very evident that the occasion only is wanting jeo
paraze the Stete debt In the penude of their wisdom
they have passed law by vote of 10 to 49, called
act 10 suppress usury" The first section shows its ma
tnre and il al follows
src.l. BE enacted, BY the General Assembly of the
goods, may exhibit bill in Chancery against the
lender and compel him to discover on OATH the money
which have passed between them relative such loan
the repay thereof and the interests consideration
for the same and IT, thereupon it shall appear that
than lawful interest reserved, the lender shall he
obliged to accept his principal without interest other
considerations, and pay costs.
The first plea for reputation in Mississippi usury
that their bonds sold for than par for cash.
Kentucky acknowledges the principle in case of indiv
duas she will not hesitate to enter the plea her
public debt, when taxes become onereus.
The following is table from the Ohio Beard of Public
Works, showing the comparative expense the
Ohio Canal with that of Ne York and Pcnnsy vania:
ONO PENNSYLVANIA AND NFw YoRK CANALS.
Names of Uork. C,, 6~rp.n~O fsrpense IeHs
Erfen Gosh Repairs for Of collect for
Ohio Canal snd ~
APPENDICES, 33i
miles, Sf.6o5 203 co LOOT PA GO 665 "a Aio
For same length 1890
q the N. York
Canal. 7A5s.es6 81 2,2es,so Al 2s7 ais 60 A5aa93
9th Pe'ansyi- included
vsuia l,nprove- in expns
mentI Hips $40 90 3273,5i3 20 of rrprs l750 600
The operation of banking upon the agricultural re-
sources of Ohio clearly distingushable in the follow
wing table the exports and imports the Ohio Canal
at the port of Cleveland and loans and circulation OF
Ohio Banks ct the close of each year,
PRoDUcE sHrrPEp FROM CLEVELAND VIA THE ONO CANAL
AND Loans AND CANCELLATION OF THE OHIo BANKS,