New-York daily tribune., 1843-05-30
syCoSD BOARD.
Ia GTD so 'Sl 20 Shs Dry Dk Bk. .h3o 81
Commercial and Money Matters.

r
I sales were again very large the Board being
eaQO Stale Stocks alone aud still advancing prices
A'e sale Of Government Skies made at 81 Elves Of
aod at lO2!; Elves of IS improved ! Ohio Sizes /;
HSesy l. ladana B. Illinois y; Long Island . Harlem
ESon,ngton s. Farmers Loan 81; New Jersey }.
i tnfe is fair demand fer Sterling at s., Francs
h tide Of speculation rolls on with increased force and
NsM Of every description good bad and indifferent alike
@evaacing under its powerful influence. II Is III mo-
saiof Few reflections upon the snguary elastic char
"a cur people, and the wonderful talent they e,nce IN
wing oil the memories of past losses aud miSiortunes
Gng into enterprises If backed by Ill the power
IN uanned credit aud an inexhaus;ihle capital y few
since of the oihe country almost
~eee State stocks and Incorporated ComptnieS a!ik"
N The fall OF anegect which appeared destined TO eG.
~ or long time until some powerful revolution had
The Character Of the Government and restored TO an
''ans foundation the moncd structure OF our public
sA Now they prices from 70 10 % per cent over
S obtained at the period above mentioned The whole
anVaity have become purchasers and the newspapers OF
eantFy TEEN with stories aud representations ol new
P''e>, OF agents Ia borrow more mcney from the rich
~ eoGses abroad OF States devisns schemes Of wisdom
~ Ssensth for developing their resources oi Railroads
;, sudden Increase Of almost marvellous, o
A within and before unmasined resources, OF Trust
ianes with hidden mnes OF dividends, and the whole
HnSae OF old we'll thousands of eSpedent>-a
opfing OF that nsdious bat destructive propensity to
=, ,,ueh In SIX mouth,.
Becomes the sound and discree, part Of this community
and not 10 be caught by the self same net which has
them before 1t perfectly manifest 10 the under
ei every rejecting :naa, ha, the sudden influx o
t alo The Country possibly exercise infiu-
G which the dishonesty of the Repudating States
efPunscd from the records Of Time, and the chlica-
promises to pay appreciate IN value upon sound
- sRenebe basis The trouble, Of the couutrv aud the
OF Confluence IN the public securities othe States,
RESULT OF immoral and wicked erislaop cause which
Sls moment has not ceased operate That the rapid
stocks OF 10 per every day is the result sim.
lot stock sambling, rejecting man can doubt and that
aslly rapid fall will come before long Is certain The
Ssaent will stand from under.
The stock Of the StonuS;on Railroad has advanced some
Per within the last thirty DAYS. THIS is the result
u entire reorganization Of the Company under the man.
Srer, Of Mr.. Peck the President the reduction or
;; 'shmeni of 500 900 OF debt aad the prospe,,
sasHs upon highly advantageous terms some East.
9Company Of extensive credit and means
stated few days since the authority of the Detroit
settle that the Farmers and Mechanics Bank had failed
s'cSholdeE writing the Commercial Advertiser whicn
copied the statement, SAWS
ssae Editors Of the Commercial .3drertiser
- article which published in your paper OF Fnday
n last IS entirely false.
ne amount Of OF ;hs branch OF the Farmers
tsnAcs Bank the lst day OF Nlay less thai
and Us specie and specie funds IN hand on the sam
amounted 20 S2S 1906
q hare they been
ae baak did aot refuse 10 alow an examination BY
oil the Legislature last winter-on the contrary,
-, eeh examination, which Was made BY that commit
e' iail satisfaction, and the committee made YER
5cpe't which WAS published III the proceedings
as nsak OF New,fork has posted notice that hence
oseoants viii De a, per cent Notes have bee,
WS 20 ey some OF the Banks as low as 81 per cent,
ot this gus of capital, such seems the uncertant
ss.tt value Of even improved real estate or such III
Soci itapS'dent legislation heretofore respecting tn
:" mortgages, or perhaps from both causes CON