14972. Commercial Bank (Buffalo, NY)

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: November 16, 1841
Location: Buffalo, New York (42.886, -78.878)

Metadata

Model: gpt-5-mini
Short Digest: 9e2ad358

Response Measures

Full suspension

Description

Newspaper accounts report a panic/rush by depositors after the Comptroller directed the bank's notes to be refused for tolls and collectors to cease deposits (mid-November 1841), the bank invoked the 10-day suspension rule (Nov 16, 1841) and subsequently a receiver (Stephen G. Austin) was appointed in January 1842. The sequence is run → suspension → receivership/closure. Bank is one of New York 'Safety Fund' (state) banks.

Events (3)

1. November 16, 1841 Run

Cause Details: Comptroller's instructions directing the bank's bills to be refused in payment of tolls and collectors at Buffalo/Black Rock to no longer deposit with the bank; publicizing this caused depositors to panic and a run.
Measures: Bank invoked the ten days suspension allowed by law (suspended specie payments).
Newspaper Excerpt: the Commercial Bank of that city, by determination of its Board of Directors, suspended specie payments on the 16th inst The result is understood to have been produced by recent instructions from the Comptroller... As soon as the fact became public, the depositors became alarmed, and a rush ensued which soon compelled the Bank to avail itself of the ten days suspension allowed by law.
Source: newspapers

2. November 16, 1841 Suspension

Cause: Government Action
Cause Details: Suspension was adopted after depositors' rush triggered by Comptroller's refusal instructions for the bank's bills (collectors to refuse/deposit), making bank unable to continue specie payments; directors determined to suspend under the statutory ten-day allowance.
Newspaper Excerpt: the Commercial Bank of that city, by determination of its Board of Directors, suspended specie payments on the 16th inst ... the bank to avail itself of the ten days suspension allowed by law.
Source: newspapers

3. January 22, 1842 Receivership

Newspaper Excerpt: STEPHEN G. AUSTIN has been appointed Receiver of the Commercial Bank of Buffalo. ... Stephen G. Austin, Esq, of Buffalo, has been appointed Receiver for the Commercial Bank of Buffalo.
Source: newspapers

Newspaper Articles (16)

1. November 1, 1841 New-York Tribune New York, NY

Article from New-York Tribune, November 1, 1841

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la State Stocks the transactions were large at a decline of t. Illinois Sixes and Indiana 11. Kentucky Sixes 11. 60d 401 2.000 Illinois Sixes, 1870 403 do do 5,000 40 do do 4,000 53 401 do do 5,00 -10 451 1.000 Indiana Bonds 43 530 do do 1,000 43 do do 10000 bld 43) do do 5,900 43: nw do do 3,000 431 do do 2,000 801 1,000 Kentucky Sixes The transactions in Foreign Exchange to-day for the Cunard steamer were not very extensive, but the rates were without change. Sterling 94 a 103 : Francs 5,18g a 5,20. Some sales of Sterling were reported at 91. On Philadelphia to-day the rate is rather worse. We note 33 4. Baltimore 2 a 21. We have been unable to learn the amount of specie go ing in the steamer, but it is undoubtedly large. One of our offices has $3,000 risks on -pecie by her. The Oxford for Liverpool has £55,000 engaged. The amount of -pecie shipped since the 15th inst. is upwards of $54,060, besides considerable amounts which have not been reported. From the 1st to the 27th, the amount was $1,269,000 of which 1,135,000 was silver The notes of the Bank of Buffalo are bought by the Brokers at 6 to S per cent. discount. The Bank of Olean at 16 a 20, Bank of Benwington 50 per cent. Some of the Brokers refuse to buy the Commercial Bank of Buffalo at better than 1 per cent. The Albany Evening Journal says that the notes of this Bank are received at all the Albany Banks. United States Bank note. are selling at 45 a 50 per cent. discount. A I rge parcel could probably be sold at 42 a 43. At auction to-day there was a sale of 34000 of North American Trust and Banking Company bonds at 5 cents on the dollar. Five notes payable in 1815 for $100 each of the Long Island Railroad Co. sold at 30 a 35 cents. The Receiver of the Commercial Bank is busily engaged in issuing certificates of indebtedness without, however, guaranteeing the indebtedness, but certifying that such amounts appear on the books of the Bank as due from the Bank. These certificate. are selling in Wall street at about SO cents on the dollar. The Philadelphia Sentinel states that the interest on the State Debt, due in February next, will be punctually paid. says, We have good grounds for saying that a large portion of the amount required for this purpose is already in the Treasury, and that the whole will be there in due time. The revenue set apart for the purpose will be scrupulously applied to it."

2. November 22, 1841 New-York Tribune New York, NY

Article from New-York Tribune, November 22, 1841

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Treasury Notes are selling at : to per cent discount. The packet ship North America, for Liverpool, takes $50,000 in specie, understood to be in gold. The Catharine, from Charleston, brings $60,000 or $70,000. of which $50,000 are Spanish dollars which have been in one of the Charleston Banks since 1810. American Halves were offered at the board at 1 premi; only me was offered. Mexican Doilars are 13 a 16. Five Franc 941 a 95 cts. Spanish Dollars are in some demand for India. The Greenfield Democrat says that the Amherst Bank is about winding up its affairs as fast as possible. A meeting of stockholders was held, and a deficiency of $50,000 discovered. So says report. The stockholders will sustain a heavy loss. A bill has passed the Senate of Georgia to remove the Georgia Railroad and Panking Company's principal office from Athens to Augusta. Ones of the Globe Bank of Providence, altered to fives, are in circulation at Beston. The Buffalo Commercial of the 17th says that the Com mercial Bank of that city, by determination of its Board of Directors, suspended specie payments on the 16th inst The result is understood to have been produced by recent instructions from the Comptroller, directing its bills to be refused in payment of tolls. and that the Collectors at Beffalo and Black Rock should no long or deposite with the Bank. As 8000 as the fact became public, the depositors became alarmed, and a rush ensued which soon compelled the Bank to avail itself of the ten days suspension allowed by law. Its officers are unacquainted wich the reasons which induced the Comptroller to discredit the institution, and declare the ability of the Bank to go on within the ten days. That period will of course determine the character of the stoppage.

3. November 27, 1841 New-York Tribune New York, NY

Article from New-York Tribune, November 27, 1841

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THE SAFETY FUND. We find the following letter from the Comptroller in the Albany Evening Journal of Thursday: COMPTROLLER'S OFFICE, Albany, Nov. 24, 1841. Thurlose Weed, Esq. Sir. la anxwer to numerous IN redemnion of the Bank of Buffalo. I send you a Commercial Dear the the bill. of Bank inquiries of Buffalo relation and and showing situation the statement provision the of Safety for the publication subject. Fund, the of the laws appertaining to Very respectfully, your obedient servant, JOHN A. COLLIER. COMPTROLLER'S OFFICE, Albany, Nov. 25, 1841. STATEMENT OF THE SITUATION OF THE SAFETY FUND. The amount of the Capital remaining 30th Sep$185,487 99 tember, 1841 The advances from the Treasury since that 106.031 00 time to redeem Safety Fund Bank Notes $379,456 99 Balance of Safety Fund, 24th Nov. 1841 Under the provisions of the Act of 26th May, the Comptroller has given notice to the Fund reto pay I per cent. upon quired Safety 1841, Banks, that there their which will Capital be would ON the 1st day of January next, 158,776 24 produce And there will be due from several Banks who have not yet paid their original contribution 31,175 00 of 3 per cent., on 1st January next Which would make the whole amount of Safe$569,408 23 ty Fund From which is to be deducted the & per cent. of the Bank of Buffalo and Commercial Bank of 3,000 00 Buffalo, since suspended $566,408 23 Leaving the balance, 1st January, 1842 The Comptroller has no authority to redeem the bills of , suspended Bank until the Chascellor makes the order required by the Act of 8th of May 1837, which previdesthat: It shall be lawful for the Chancellor, upon the certifificate of one or more of the Bank Commissioners that the amount of the debts of such Banking Corporation, over and above its property and effects, will not exceed twothird of the amount of the Bank Fund then paid in and invested, exclusive of all prior established claims thereID, to make an order upon the Comptroller authorizing ERI to take such measures as be may deem necessary for the immediate payment of the ordinary Bank bills or notes of such Bankieg Corporation then in circulation. out of the Bank Fund then paid in and invested." Upon filing a certified copy of the Chancellor's order, under this section, and not before, the Comptroller 18 authorised to make provision for the redemption of the bills, for 18 there any authority, without such prior order, to receive the bills of a suspe nded Bank in payment for tol 3, or other indebtedness at the Treasury, which of course would be virtually redeeming them in anticipation, as nothing else but such uncurrent notes would, in that case, be offered in payment, until the whole circulation was exhausted. In relation to the recent failures of the Bank of Buffalo, and the Commercial Bank of Buffalo, the Bank Commissioners were not able to give the required certificate and the Chancellor could. therefore, make no order upon the Comptroller, authorizing him to redeem. The Safety Fund, 88 the law now stands, is only to be replenished by the annual contribution of the Banks of one half per ceat. upon their capital; and unless further legislative provision is made, the bills of the above banks cannot be redeemed from the Safety Fund, until the ansual contributions shall so far replewish the fund as to enable the Bank Commissioners to give the required certificate to the Chancellor, and he shall make the order. JOHN A. COLLIER, Comptroller. [Albany Evening Journal.

4. November 30, 1841 The Middlebury People's Press Middlebury, VT

Article from The Middlebury People's Press, November 30, 1841

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to Upwards of two thousand namesare signed the tetotal pledge in Haverill, N.H. In Pittsford, Vt. the excitement on the subject of for a few weeks past has been cheeringthe Congregational Week temperauce after week, five Church and has well filled. Between six have been obtained; and these hundred been were uniformly signatures The of 25 considered hard cases. tavern keepers and merchants have come in of their own DCcord, and signed the pledge. Nearly one hundred were froquent tiplers The enthusiasm has reached other towns. The Banker Hill Aurora says, the Irish have two millions of deposites in dollars in the Boston banks. The locos are indulging apprehensions that Gov. Seward will Tylerize the acts of the N. Y. legisla. ture. About 4000 persons within a few months have joined the Temperance society in Cincinnati, Ohio When shall we wittness such things in this sectionTO BE TRUE. It is stated in some the that the greater English Too GOOD papers, proportion of of the six millions of dollars paid to the British. by the Chinese, turns out to be bad silver. John Bull deserves to be shaved in this transaction. Conviction of Edward Boling.-TH notorious villain,of whom our readers have do b less cerd, He ha-bren tried for big miny, and found guilty. Bon was-enrenced 10 be branded with the letter his left cheek. (which was carried into execution in presence of the court.Yto be imprisoned three years, and receive 39 lashes. Medical Schools.-The number of medical schools in Philadelphia is much larger than last year. There are about 360 in the Pennsylvania University, 160 at the Jefferson School, and 75 at the Pennsylvania College Students are daily arriving. The Medical College of Ohio, located at Cin innati, opened on the 1st instant in a very flattering manner. Seventy students ,are already in attendance. down.-The Commercial Bank of Buflast bank in the city, brokers. The 'S a falo, out Banks by the the Commercial has been thrown safety fund bank. Its assets will be sufheient 10 pay debts, but the stock-holders will sustain a heavy loss. The Bank of Olean has also been thrown out. The Binghampton paper states that not one of the colored persons in that town voted the ab lition ticket. Semmes. the murderer of Prof. Davis, at the University of Virginia. and who escaped a convie inn by a forfeiture of his bail, ($25,000) is in Texas. There was collected toll on the NewY k state canal-, during the 1st week in Nov. 82,000 dollars. Charles F. Mitchel, late member of congess has been tried for forgery and convicted. OHIO, a mistake occurred in our last weeks paper in stating that the whig majority in the popular vote was 9000. It is now ascertained to be something above 2000. THE MADISONIAN.-A correspondent of the United States Gazette, wriiting from Wash"it is thought here that this paa voice to than Such we trust is the "House," ington. "per is says, rather &c. from the fact. White To say of the frequent at tacks Madisonian upon a number of that a nothing of the paper contains and Mr. malignant CLAY, paragraph late that must be particularly gratifying to the whole WHIG party. After expending a column in an endeavor to heap ridicule upon the name of WHIG, the Madisonian concludes thus: were at all in love with the name of and we have no belief name "We Whig never that this the had any particular spell in winning great victory in favor of Harrison. The charm, if any were used, may be found, we think, in the names of Tippecanoe and Tyler TOO !!! the Considering the little affection that Madisonian has for "the name of Whig," we cannot but marvel that it should have so far conquered its repugnance as to consent to receive the public printing at the hands of the "WHIG" Senate last March! McLEOD.-W learn that this individual is again in trouble,having been arrested on a cap in at Niagara for his defalcations in Canada MORE ILLINOIS STATE Bonds.-The Spriagfield (III) Journal says that "it is rumored that the Governor has made another issue of State Bonds." SHEEF.- The Warren (Ohio) Chronicle Friday last, a flock of over one thousand merino passed our vilon their to says :--"On lage, way sheep Illinois. from through They Massachusetts, belonged to an enterprising farmer and were driven from that State. They will be a valuable acquisition to the State of Illinois, and we trust the enterprising Yankee will be well rewarded for his exertions in introducing them into the West." The Louisville Journal has a paragraph to the effect that Mr. Clay is anxious to leave the Senate but that he has not decided what he will do in the mean time, his friends from all parts of the country are writing to him urging him to remain at his post. BANK OF BUFFALO.- The Rochester Democrat of Thursday says, Vice Chancellor WHITTLESEY made out an order for the appointment of a Receiver for the Bank of Buffalo yesterday. An order has also been issued to the Comptroller to redeem the circulation of the bank out of the safty fund in his possession.' A great Temperance Convention was recent ly held at the speakers on the occasion was is Middletown, of Conn, the and Mr. Hon. among Henry W. Dwight, Stockbridge. Dwight reported to have said.

5. December 15, 1841 The Daily Madisonian Washington, DC

Article from The Daily Madisonian, December 15, 1841

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"It shall be lawful for the Chancellor upon the cer" tificate of one or more of the Bank Commissioners "that the amount of the debts of suck. Banking Cor"poration, over and above its property and effects, will "not exceed two-thirds of the amount of the Bank "Fundthen paid is and invested, exclusive of all prior "established claims thereon, to make an order upon "the Comptroller authorizing him to take such mea"sures as he may deem necessary for the immediate " 'payment of the ordinary Bank bills or notes of such " Banking Corporation then in circulation, out of the " Bank Fund then paid in and invested." Upon filing a certified copy of the Chancellor's order, under this section, and not before, the Comptroller is authorized to make provision for the redemption of the bills, nor is there any authority, without such prior order, to receive the bills of a suspended Bank in payment for tolls, or other indebtedness at the Treasury, which of course would be virtually redeeming them in anticipation, as nothing else but such uncurrent notes would in that case be offered in payment, until the whole circulation was exhausted. In relation to the recent failures of the Bank of Boffalo, and the Commercial Bank of Buffalo, the Bank Commissioners were not able to give the required certificate, and the Chancellor could therefore make no order upon the Comptroller authorizing him to redeem. The Safety Fund, as the law now stands, is only to be replenished by the annual contribution of the Banks of one half per cent. upon their capital; and unless further legislative provision is made, the bills of the above Banks cannot be redeemed from the Safety Fund, until the annual contributions shall so far replenish the Fund as to enable the Bank Commissioners to give the required certificate to the Chancellor, and he shall make the order. JOHN A. COLLIER, COMPTROLLER.

6. December 15, 1841 The Daily Madisonian Washington, DC

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COMPTROLLER'S OFFICE, Albany, 25th Nov. 1841. } STATEMENT OF THE SITUATION OF THE SAFETY FUND. The amount of the Capital remaining 30th September, 1841 $485,487 99 The advances from the Treasury since that time to redeem Safety Fund Bank Notes $106,031 00 Balance of Safety Fund, 24th November, 1841 $379,456 00 Under the provisions of the Act of 26th May, 1841, the Comptroller has given notice to the Safety Fund Banks, that they will be required to pay 1-2 per cent. upon their capital, on the first day of January next, which would produce $158,776 24 And there will be due from several Banks who have not yet paid their or ginal contribution of 3 per cent. on first January next 31,175 00 Which would make the whole amount of Safety Fund $569,408 23 From which is to bededucted the 1-2 per cent. of the Bank of Buffalo and Commercial Bank of Buffalo, since suspended 3,000.00 Leaving the balance, 1st January, 1842 $566,408 23 The Comptroller has no authority to redeem the bills of a suspended Bank until the Chancellor makes the order required by the Act of 8th of May, 1837, which provides that:

7. December 21, 1841 New-York Tribune New York, NY

Article from New-York Tribune, December 21, 1841

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The pressure in the money market continues. Treasury notes, 6 per cent., ¼ per cent. discount. Good short paper in the street 1 a 1½ per cent. per month. The New-Orleans Advertiser states that the subject of resumption was before the Board of Directors of the Commercial Bank on the 9th inst. and it was confidently believed that she would follow the example of the Bank of Louisiana. This Bank has about $1,100,000 Circulation and Deposites and $315,000 Specie and Bank notes. If like the Bank of Louisiana she only resumes on her circulation, she will have the above amount of assets to meet $629,000 of notes. The Advertiser also states that it is believed that the Citizens,’ the Union, the State Bank and the Consolidated Association are preparing to speedily resume. It was understood that the message of the Governor would take high ground on the immediate resumption of all the Banks, and that those that were unable should go into liquidation. A motion in the Virginia Legislature to release the Banks from the penalty of 12 per cent on every note they shall fail to redeem after the 1st January next, was lost by a majority of five votes, as was another requiring of the Banks a rapid curtailment of discounts. The Buffalo Commercial Advertiser of the 14th instant states that an effort will be made to resuscitate the Commercial Bank of that City. The argument on the injunction which was to have been heard on the 7th, was postponed until the 21st, and in the mean time strong efforts will be made to sustain the Bank. Although a large part of its capital is locked up in Real Estate, yet it is some of the most valuable in Buffalo, and is worth more in cash than it cost the Bank. Counterfeit Threes on the Bank of Brunswick, Maine, are in circulation at Buffalo. The Baltimore City Council have under consideration a proposition to issue $500,000 of City Bonds at six per cent. to be used in the purchase of Railroad orders. The Comptroller we understand has made a requisition on the Banks for one half of one per cent. on their capital for Safety Fund purposes, payable on the 1st January. He will therefore soon be in funds to redeem the liabilities of the suspended Safety Fund Banks. Holders of such notes should not submit to a sacrifice. ### New-York Markets. ASHES. Sales 50 bbls: Pots at 5 87½; 40 do Pearls at 5 50, at which holders are firm. COTTON. The sales to-day have been 600 or 700 bales without change in price. The stock has been reduced by shipments, and the market has a tendency to be more firm. FLOUR. Very little doing. Shippers offer 6 00 for Western Canal which is refused. 6 12½ is demanded. We could not hear of sales for export. Southern without change and dull; Georgetown 6 37½ Brandywine 6 50, Richmond City Mills at 7 50. GRAIN. The only sales reported were 2000 bushels Rye at 75c in the slip, time and interest, and 2600 bushels Ohio Corn at 65c. weight, delivered. Oats have improved in consequence of the closing of the Hudson. We quote 48 a 50. Barley is firm at 74c. No sales Wheat. ### New-York Cattle Market. [Reported for the Tribune.] At market 875 head of Beef Cattle, including 200 left over last week, 250 of which was from the South, and the balance from this State; 40 Milch Cows and 1100 Sheep and Lambs. There was a better demand for the best qualities of Beef, but common and inferior qualities were the same as last week. Sales of 775 head at $4½ to $7¼, averaging $5½ the 100 lb. MILCH COWS. Sales of 30 at $25 to $40 each. SHEEP AND LAMBS were all taken—Sheep at $1 50 to $5. Lambs at $1 to $3 each. HAY. Sales by the load at $1 to $1 12½ the 109 lb. ### ST. LOUIS MARKET. Dec. 7. Business on the Levee is quite brisk, and boats are arriving and departing daily. The Mississippi is free from ice as high up as Keokuk; but is falling. Navigation is, however, not interrupted. Boats for the South, with Western produce, are leaving every day with full freights. FLOUR is held at $5 50, which may be quoted as the ruling rate.

8. January 19, 1842 The New York Herald New York, NY

Article from The New York Herald, January 19, 1842

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Such a construction of the act, dividing upon the balance of the fund, would, or might, reduce the Bank Fund to a mere nominal sum: and would, or might, as is above suggested, exhaust the fund to the prejudice of the general creditors of a prior failing bank, who were supposed to have a preference. The different views of the Bank Commissioners and the Comptroller as to the just construction of the act in this particular, have been the subject of correspondence between them: but there has been no further action upon the subject, nor has the Comptroller felt it his duty to take any measures for the immediate redemption of the bills of this bank. The Bank Fund, even with the aid of the contributions of the first of January instant, will be entirely insufficient to redeem the outstanding circulation of all the Safety Fund Banks which have suspended; and as the fund, according to existing laws, is only to be replenished by the annual contribution of one half per cent capital of the Safety Fund banks, the bills of the Commercial Bank of Buffalo, Commercial Bank of Oswego, and Clinton County Bank, whose united outstanding circulation is estimated at about $870.000, can not all be redeemed from the Bank Fund for some four or five years to come, without further legislative provision for replenishing the fund more rapidly than is now authorized by law Bill holders must therefore wait the slow accumulation of the annual contribution of the one-half per cent. or further legislation will be required. The result of the investigation of the affairs of some of the Safety Fund banks recently suspended, as well as the former experience in the case of the City Bank of Buffalo, would seem to show that some further safeguard is necessary to prevent frauds upon the Bank Fund by over issues beyond the prescribed limits. The act of 26th May, 1841, (chap. 292, sec. 4.) makes the wilful violation of its provisions in relation to such over issue, a misdemeanor; but this penalty and the previous legislation upon this subject, have not prevented over issues, which are now chargeable to the Bank Fund, and are a fraud upon that fund, to an amount ascertained or estimated to exceed the sum of $300,000. The checks imposed by the General Banking Act, but now applicable only to the free banks, requiring the previous registry and countersigning by the Comptroller of all the circulating notes, seem to afford sufficient protection upon this point; and it is respectfully suggested whether the principle might not be advantageously adopted and applied in relation to the circulating notes of the Safety Fund banks, by compelling existing banks to account to the Bank Commissioners for the bills already in circulation, and prohibiting the issue of new bills, except under the direction and supervision of the Bank Commissioners, or other proper officers. The plates might be deposited in some appropriate place for safe keeping, and if bills were issued only under the direction of some public officer, over issueo might be effectually guarded against.

9. January 25, 1842 The New York Herald New York, NY

Article from The New York Herald, January 25, 1842

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Albany. [Correspondence of the Herald.) ALBANY, Saturday, January 22, 1842. I shall begin this letter as love conversations are said to commence, with a notice of the weather, for this weather is certainly very uncertain, as Mrs. Bluenose was wont to remark. Yesterday we might have imagined ourselves transported away into the month of May, the temperature was so mild, while to day again has been as cold as the Northern Regions, with a chilling northwester that cuts as keen as a new stropped razor. The effect of this variable weather is visible in almost every person you meet; there is a great deal of sickness, and almost every one is suffering from a cough, or cold. Fine times these must be for the M.D.'s. Talking of medicine, I suppose you must be aware that we have a Medical College in full operation here. It has an able faculty, and is attended by a very large number of students, most of them from the north and west of us. It is, I doubt not, in as flourishing a state as any similar institution in the country STEPHEN G. AUSTIN has been appointed Receiver of the Commercial Bank of Buffalo. A good appointment, as Mr. AUSTIN is allowed by all who know him, to be in every way competent to the task. The Governor has signed the bill changing the mode of appointing Bank Receivers, accompanied with what explanations he considered indispensable to relieve him from the charge of inconsistency. He did not wish to embarrass the course of legislation, the bill is, therefore, now a law. In the Senate to day, but little of importance was done. A long debate was had on the subject of the Bankrupt Resolutions Mr. Strong explained the reasons why the Judiciary Committee had not reported on the subject before. The repudiation resolutions were also called up in order, as Mr. Sherwood was obliged to leave the City for a few days, to enable them to be acted on definitely to-day. Gen. ROOT said that as the Senate had no important business before them, he thought this a filling opportunity for discussing abstract political ques. tions. He thought such discussions a benefit and as the majority had invited it, he for one was determined to hold them to it. In the Assembly there has been a great amount of business done, but mostly of a private character. Mr. SWACKHAMER made another attempt to carry out the principles of retrenc's ment and reform, wh ch he declares he is pledged to support. He offered a resolution to the effect that as the State was in debt, and her stock below par, it was necessary that the utmos retrenchment of expenditures should be adopted. Therefore, the Committee on Expen ditures of the House should be directed to enquire into the expediency of reducing the per diem allowance of members. This was bringing the matter home, and as might have been expected it was put down almost by acclamation. The party at the State Printer's went off with great eciat last night. All the elite of the great Whig party of the city were presen:, and many of the opposition. The company broke up at a late hour. highly satisfied with the enjoyments of the evening There was a good number of ladies present to day-among them a number of ladies from your city, to which, as usual, the younger member re of the New York delegation were very assiduous in their attentions. The Military Convention held another Session to day, but I have not learned the amount of their august deliberations. CAVE ULORCAR

10. January 25, 1842 The New York Herald New York, NY

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: $11,000 Stephen G. Austin, Esq, of Buffalo, has been appointed Receiver for the Commercial Bank of Buffalo. The following is a statement of the receipts and ex penditures of the Canal Commissioners for 1841:RECEIPTS AND EXPENDITURES ON ACCOUNT OF THE CANAL FUND.

11. January 25, 1842 New-York Tribune New York, NY

Article from New-York Tribune, January 25, 1842

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The demand for Foreign Exchange is not very active. Sterling City Bills are selling at a a31: Southern Et a 7j: France 324 a 531+ Philadelphia Exchange is getting worse. WE quote Philadelphia 61 a St: Baltimore 34 a 4: Virginia 61 & 68: Mobile 14} a 15; New-Orleaus 8th Nashville 141 a 15; Louisville 94 a 10: St. Louis 14 a 15; Cincinuati 13. The Buffalo Commercial says that the exertions on the part of those persons interested :0 the resuscitation of the Commercial Bank of Buffalo have preved ineffectual.They have returned from Albany without accomplishing their objects; and the Bank will probably gointo the bands of a receiver immediately. We shall soon look out for the Bank Commissioners) Report. We hope to see it B searching one-one that will "peak out and be afraid of nothing but of concealment. In looking over the Report of last year we notice that the important item of the individual liabilities of the Directors of the Commercial Baak of this city is oritted. Even at thislate day we would like to be informed of the reason of this omission. Will our friend, Mr. Starr. in formust The Farmers' Bank of Canton has stopped paymentThe Canton Repository states that the Bank has sustained itself against a coastant run for four months, and expres. 508 the opinion that her means are ataple to reedem all its circulation." subject only to the delay necessary for collecting." The Mohawk and Hudson Railroad have declared a dividend of three per cent. New-York Markets. ASHES-The market continues inactive, but prices are without change. The nominal rates are? 00 for Pots, 6.00 for Pearls. COTTON-The foreign advices are considered favora. able, and about 800 bales have sold at full prices. and in some instances at a sli. hi advance. FLOUR-There 13 a fair demand for Eastern markets and home use, but the inquiry for export has subsided.The market is heavy at 9: for Genesee. Southern dull and without change Georgetown 6 a 6184 Brandywine 612; a 6 25. GRAIN-The only sale reported is 2,100 bushels old Southern Corn at 64c. weight. 90 days, addition interest.There is very little Corn in market. Nothing doing in other descriptions. The Wheat saved from the Frankfort is not on the market VEL. New-York fattle Market. Reported for The New-York Tribune. MONDAY, Jan.24.1842 At market 900 head of Beef Cattle, including 200 left over last week 200 of which were from the Soath. and the balance from this State 70 Milch Cows and 1,200 Sheep and Lambs. The sales of Beef were very limited. Only 600 head taken at 41 a $7-averaging 851 the 100lbs. MILCH COWS-5J were taken at $25 to $40 each. and dull. SHEEP AND LAMBS were mostly taken-Sheep at $1 75 to $5; Lambs at $1.25 to $3.50 each. HAY-The market has been well supplied, and sales were made at St to 91 cents per 100ths.

12. January 26, 1842 New-York Tribune New York, NY

Article from New-York Tribune, January 26, 1842

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s10d 25 2,000 do As was expected a receiver has been named for the Commercial Bank of Buffalo. Mr. Stephen G. Aution of that city, has received the appointment. The Farmers and Mechanics' Bank of Rochester has had its notes protested for non-payment at its agency. It is one of the Free Banks. and had OH like 1st December last a circulation of $38,900. Its securities with the Comptroller are$20,000 Bouds and Mortgages 5,000 Illinois Improvement Souds 11.000 Illinois and Michigan Canal do 10,000 Michigan University do Total $45,000 Those Banks marked thus pay specie. The average circulation of the specie-paying Banks compared with the coin on band. is 4 1-5 dollars for one. O: the non-speciepaying Banks the average is 71-10 for one. So that the latter class of Banks keep out a circulation nearly twice as great as the former-this being in fact a premium on suspension. The greatest comparative circulation of the paying Banks is that of the State Bank at Merris, which is 12 for 1. Of the suspended Banks the New Hope and Delaware Bridge Company has the greatest circulation. being 36 for 1. The question of resumption was made the special order of the day in the Legislature for to-day.The West Jersey people seem to be strougly opposed to an immediate resumption. but they do not wish it delayed a moment beyond the time fixed by Pennsylvmmia and Maryland. The quotation in London for United States Bank Stock was £1. REAL ESTATE-By Wilkins & Rollins-The farm and plantation with the building. thereou, on Staten Island, IN Southfield, Richmond county, containing 147 acres, $8,755.

13. September 16, 1842 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, September 16, 1842

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# MONEY MARKET, Sales at the Stock Exchange, Sept. 15. 25 Del & Hud. 530d 241 50 Harlem... ...sl0d 17 25 do.. 841 50 do b60d 17 50 do s20d 84 150 do. $30d 164 25 do .. 844 50 do b60d 171 25 do 843 50 do 174 37 Bank of Kentucky... 41 200 do. $300 164 50 Mohawk R.b60d 37 50 do 174 50 L. Island, .b60d 504 25 do. 174 100 do ..caslı 50% SECOND BOARD. 25 Mohawk R.. 37 25 Harlem .s3d 17 25 do .b3d 37 95 de 174 200 Long Island RR.50 # Commercial and Money Matters. THURSDAY P. M. The sales at the Board to day were not large, and prin- cipally of Harlem, which left off at 171, an improvement of per cent. Long Island was heavy. Delaware declined per cent. Mohawk sold at 37, a decline of 14 per cent. on the last sale. In State Stocks there was very little done. Prices were generally firm. The transactions were- $2,000 Illinois 6s, 1870.... 18 $3,000 Ohio 6s, 1860.660d 73 $1,000 do do. 18 The sales of Foreign Exchanges were to considerable extent, and some Sterling sold as high as 8 per cent. We quote 7 a 8 per cent. Francs 5.321. The supply of bills continues limited. Some doubt has been expressed as to the correctness of the statement touching the A labama interest money. We are assured, from the best authority, that it is already here, aad will go by the next steamer. The Commissioners of the Canal Fund have issued a no- tice that proposals will be received for a loan of $250,000, at 7 per cent interest, stock for which will be issued at the Manhattan Bank on the 1st of October. P. Chonteau, Jr. advertises that all drafts drawn by P. Chonteau, Jr. & Co. of St. Louis on the American Fur Company, will be duly paid at maturity. The suspension of the Company, it is anticipated, will only be temporary. It was produced mainly by having a large amount of funds locked up. We hope seon to see it in operation again. The Bank of Lyons has been enjoined by the Vice Chan- cellor of the Seventh District, on the application of the Bank Commissioners. The Bank has about $60,000 of the Canal Fund moneys. It had about $50,000 when the present State Officers came in, on which interest is due, and, being one of the Deposite Banks for the Collectors of Toll, has about $7,000 of the accruing revenue. We believe this Bank has been in difficulty once, it not twice before. The Evening Journal states that under the present officers the Bank has been well managed. The communication in the Argus some days since in rela- tion to the situation of the Safety Fund, which we copied, has drawn out the Comptroller, who has addressed the re- ceivers of the broken banks upon the subject of the amount which will probably be repaid to the Fund. The commu- nication alluded to, by the way, is ascribed to the State Bank of Albany, which holds $300,000 of the suspended bank notes, and to a large uncurrent money house in Wall- street, (the diamond pin victim,) also largely interested in broken notes. In answer to the Comptroller, Mr. Blatch- ford, Receiver of the Commercial Bank, says: There is no probability that any portion of the amount advanced by the Comptroller to redeem the circulation of the Commercial Bank will ever be repaid. The total amount of acknowledged liabilities of the Bank, exclusive of capital stock and circulating notes, was $175,728. Assets $114,320. If no more than the above is realized, there will be a deficiency of $61,408. I have also on hand securities, which are of but little value, I fear, to the amount of $137,- 250. From this statement, which is generally (though not meant to be entirely) accurate, you will be able to form some opinion whether there is any probability of the Safety Fund being reimbursed any thing." Mr. Beckman, Receiver of the Commercial Bank of O- wego, says: "The amount I have collected in current funds, as Re- ceiver of the Commercial Bank of Oswego, is $2,473. The assets in my hands will not, in all probability, pay any part of the circulation. If I shall be able with them to pay up the debts on the real estate and indemnify the Safety Fund against the debts, it will probably be all I shall be able to do." In relation to the payments of the Banks to the Safety Fund, the Comptroller says: "Twenty-four Banks have commuted; sixteen of them at 2 and the residue at 3 per cent. The total sum paid by these Banks is $183,673. This sum has been paid in the notes of insolvent Banks, as follows: Com. Bank, Buffalo.. $45,903, Lewis County Bank.. $504 Watervliet Bank 36,815 Lafayette Bank. Clinton Co. Bank... 22,569 3 $183,673 Com. Bank of Oswego 77,879 There has been presented for redemption, of the notes of he Bank of Buffalo, $416,000." The tolis at Rochester for the last three weeks amount to $18,343 42. It was stated thit the Columbia Bank and Bridge Com- pany was paying specie, then it was said it was not; now the Lancaster Intelligencer says it is. We don't know which way to think. Some of the Richmond Banks are now paying specie, and some of them have a dollar in paper for a dollar in spe- cie, and are much curtailed. At Mobile Exchange had improved. Bills are not in much demand, and the supply limited. Sales at S8 a 40 per cent. Specie 37 a 40. There is a great want at Chicago of a geod currency.- The circulation is made up of State Bank of Indiawa and Wiskonsin Fire and Marine Insurance Company, with a few Utica and other Eastern notes. The Daily American says that if they had sufficient circulation, Wheat would doubt- less be worth 10 to 15 cents per bushel more. At Buffalo Eastern Exchange is in demand, and moneyed operations were to much larger extent than for some time past.

14. October 24, 1842 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, October 24, 1842

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COMPTROLLER'S OFFICE, Albany. Oct. 15. 1342. REDEMPTION OF SAFETY FUND NOTES. The act, chapter 247 of the Laws of 1842, allowed the Safety Fund Banks until the 12th of October, instant, to make up their contributions to the Safety Fund, by paying into the Treasury not less than two nor more than three per cent of their capitals, in the notes of any Safety Fund Banking Corporation, against which an injunction had been issued. Sixty-four banks, with an aggregate capital of $22,665,248, have paid into the Treasdry, in the notes of the broken banks the sum of $477,600. Twenty-Jeveli banks have paid 2 per cest on their capital, two have paid 24 per cent, and thirty-five have paid per cent. The contributing banks are by the law allowed a rebate of interest at the rate of 7 per cent. from the time they pay the bills to the Treasurer, until the several periods when the payments of half of one cent on their respective capitals would becorile dtle.Theirtal amount of rebate on the aggregate sum for which the sixty-lour banks have commuted, is $74,185 41. There are sixteen banks having an aggregate capital of $6,£40,000, which have not commuted. The annual contributions of these banks at 4 of one per cent. will amount to $33,200. A statement is annexed, giving the names of the banks which have commuted and the amount paid in each case. The notes paid into the Treasury by the banks which have commuted, are will the following banks, viz: $138.528 Commercial Bank of Buffalo 140,530 Commercial Bank of Oswego 98,877 Watervl et Bank 73,679 Clinton County Bank 636 Lewis County Bank 25,545 Bank of Lyons 14 Lafayette Bank $477,609 In the Comptroller's circular of the 13th of July, the circulating notes of the Commercial Bank of Buffalo, the Commirrcrai Bank of Oswego, and the Watervliet, Clinton County $1,111,447 and Lewis County Banks. are given at The failure of the ank of Lyons will add to this 100,000 sum $1,211,447 Deduct notes paid by the banks which have com477,609 muted $733,833 And it leaves to be provided for If the Lewis County Bank resumes, there will remain about $600,000, to be provided for by the small balance of the fund on hand, and the future contributions of the banks. There has been redeemed of the notes of the Bank of Buffalo, up to the 15th of October, the sum of $12,587. This includes the $30,000, the redemption of which was suspended at the date of the last circular. The available balance of the fund may be put down at $60,000, which will leave about $540,000. to be paid from future contributions. The contributions of sixteen banks which have not comrouted will yield only $33,200 annually for four years. The whole of the circulation of the Commercial Bank of Buffalo cannot be taken up by the funds on hand and the contributions to be made until January, 1847. If the Banks which have omitted to pay the call of half of one per cent. should pay up, as estimated in the statement annexed. and the claim against Union College can be made available, a dividend or 35 or 40 per cent. on the notes of the Commercial Back of Buffalo may be made in January next. In January, 1847, the banks which have paid only two cent. on their commutation, will be required to contribute half of one per cent. The banks tbus situated have an Cggregate capital of $12,516,200, which added to the capital which has not commuted at all, makes a total of $19.156,200, 00 which half of one per cent. will be paid in January, 1847, yielding $95,781 to the Bank Fund. This may leave a balance of $15,000 or $20,000 of the notes of the Commercial Bank of Buffalo unredeemed; but the balance of notes outstanding of the Con:mercial Bank of Oswego being only $20,000, the contributions of 1848 will cover the balance, if any, of the Commercial Bank of Buffalo, and redeem those of the Commercial Bank of Oswego in full. The contributions in January, 1849, will be uponti whole capital of the Safety Fund Banks, as the commutation of of three per cent. pays up only to January, 1848. The total capital is $29,805,218, which at half of one per cent will make the contributions in January, 1849, $146,526 24. This stim will redeem the outstanding notes of the Watervleit, Clinton County and Lyons Bank. In the Comptrolier's circular of the 13th of July, the several statements were based on the assumption that the Safety Fund would be nade liable for a sum equal to the amount of notes of the several banks in circulation at the time they were respectively cojoined. Since the publication of the former circular, inquiries have been made of the Receivers, as to the probability of refunding to the Safety Fund any portion ot its advances, from the assets of the banks. And to test this question the Comptroller asked the Receivers to inform him how much they had collected from the assets of the banks respectively. in current funds; what the acknowledged liabilities of the backs are, and when a dividend to the creditors might be expected, and the amount of such dividend? The ackne wledged debts of the broken banks, over and above the outstanding notes, at the time they were enjoined, were as follows, viz: 000

15. October 24, 1842 New-York Daily Tribune New York, NY

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Buffalo, February last of 44 per cent. and the City Bank of in the same month, paid a dividend of 50 per cent. Receivers of the several insolvent render it quite bankstaken The returns collectively, from the certain that in circula- the loss to the Safety Fund will be equal to all the notes that a call may on the the debts of some of betion; Safety and it Fund is not to improbable pay the be Banks made youd the redemption of the notes in circulation. The discounted bills in most of the banks are very large in amount; but the Receiver of the Commercial Bank of New-York estimates that only about ten thousand dollars will be realized from three hundred and eight thousand dollars of this class of assets. In ten months the Receiver has collected only $2,181 the in usets the of Bank that of Bank, Buffalo while Comptroller, less 79 than from five the months, has collected and redeemed more than $423,000 of notes of the same bank. There has been Commercial Bauk of paid the circulating on the assets of the Buffalo Fund only to $11,000, while the outstanding notes for the Safety The payments to the Receiver of the of amount to Watervieit A statement redeem Commercial amount Bank to about $483,000. Bank $8,000. Oswego has $2,400; not been the obtained from the Clinton County Bank, but the sum collacied probably does not exceed those of the Commercial of and Beffalo. Judging from tions believe that an amount to Bank there Oswego is no reason to these equal indicathe debts of the banks will ever be realized from the assets the Receivers. If this is so, the loss to the the circulating notes of ten exSafety hands Fund, of being the $2,068,504; banks, which cluding the Lewis County Bank, will be consume the original capital of the Safety Fund and of the contributions of half of one per cent. on the capitals all the banks to January, 1849, inclusive. After the arrearages are paid off, the banks must continue make pay half of one per cent. annually for six years, to up a new fund. This will terminate in January, 1855, provieed there are no mere failures among the Safety Fund Banks. Markets-Carefully reported for The Tribune. ASHES-The market remains heavy with an indisposition among exporters to buy at previous rates. The bills out to-day are about 150 bbls., and the receipts about 100 bble of both descriptions. Of Pots some 40 to 50 bbls. have been taken at $5.621, but the market cannot be considered firm at this rate. Pearls are still sold by some receivers at $6, but sales to a small extent were made at $5 94 a $587} The bigher rate is about the fair quotation. The amount received sisce opening of Canals, is 36,974 bbls. Stock on band, Pots. 1st inst., 2,133; 2d do. 377; 3d do. 119; condemned, H.Total, 2,723. Pearls, inst, 590; 2d do. 115; Sd do. 33 ; condemoed, 22.-Total, 766. Aggregate, 3,489 bble, Shipped from 1st to 19th October, 2,144 bbls. Pots; 294 bbls. Pearls. COTTON-The sales to-day are about 500 bales, at al most previous rates. The market, however, continues in favor of the buyer. A portion of these sales were to exporters, but the decline in Exchange and the difficulty of selling bills, keep shippers out of the market. The sales for the past week add up 2,200 bales, viz: 1,300 Upland and Florida, at a 9; 300 Mobile, at of a 10; 400 New Orleans, at 6a 10. FLOUR-The improved feeling in Flour continues to prevail, and the demand to-day for the East and bome trade has been very fair. Some large receivers who have been seiling at $4.25, are now asking $4 311. The sales of Genesee have been generally at $1.25, with none to be had less, and are not very treely at that. Ohio flat. $4 182 a $425; Wilmington, $1.18 a 25, mostly good brands at the latter rate. Troy is afforded at but sales cannot be made at that rate. Round Ohio is selling at $4 183 and in demand. We believe there is more to be had now be low that price. A lot of 1,200 bbls. of fancy brand round Ohio sold, for shipment to East Indies, at $131. lined. Within a few days 800 bbk New-Orleans superfine sold from the whari at $1 124, and to-day 410 bbls. sold, to arrive, at smething over that rate, supposed at $4 183. In Southern we bear of very little doing. The price of round Ohio in daces purchasers to take that in preference at the differ

16. November 14, 1842 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, November 14, 1842

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MONEY MARKET. Sales at the Stock Exchange, Nov. 12. 92 58 5 Amer. Ex Bk $4,000 State 6s, 1862. 100 10 Washington In Co... 524 OR Union Bank 72 25 Mohawk 34 $30d 60 Phenix Bank 724 160 Harlem. 15 do 100 90 scrip do b60d Bk of Com full 82 100 do $60d 14) do SECOND BOARD No sales. Commercial and Money Matters. SATURDAY P. M. The transactions at the stock board were small to-day and without change worthy of note except in Phenix Bank. which improved per cent. The only sale of State Stocks was 4000 State Sixes, 1862, at 92, an improvement of 1 per cent. For City Sevens 1031 bid, 104] asked. For Delaware 912 bid, 93 asked Long Island 484 bid, 483 asked. Foreign exchange continues steady at a 6t for Sterling, and 545a. 42 for Francs. The transactions were limited. Alabama is without demand, dull at 16 discount. On other points there is no variation. Planters' and Merchants nominally at discount, Central 25 discount. Stephen G. Austin, Esq. of Buffalo, has been appointed Receiver of the property and effects of the Commercial Bank of that place. We think the above was announced some time ago Some time since a counterfeit on the Miner's Bank of Pottsville, appeared. it was one of the bist counterfeits ever issued. Within short time they have again appeared considerable numbers. A $5 note of the following des cription was taken to-day by a broker. It is payable to J. Lyon, letter F. No. 957, Chas. Loeser, cashier, John Ship pen, President. The note has on portraits of Washington and Lafayette. On one end locomotive and on the other canal boat. At the bottom safe and watch dog. The Hagerstown Bank has declared a ividend of three cent. for six months per At Boston yesterday Boston and Worcester railroad sold at 12 a 12 adv. Western Railroad 521 53} Beston and Providence 853. The counterfeit 20. on the Tradesmens Bank have been circulated in Philadelphia. ROCHESTER, November 4, 1842 Amount of the following property cleared at the Collector's office for the last seven days 22,487 bbls. Flour: 150 do Apples: 54 do Ashes 8,500 hosh. Wheat: 6,460 do Shorts: 1,350 do Oats 8,100 lbs. ool 33,300 dc Butter; Tolls received in the same time 88,774 61. The Stockholders of the Grand Gulf Bank was to meet in the Board of Trade Room Philadelphia, yesterday morning. Extract letter to the editor of the Baltimore Patriot, dated Benton, Miss., Oct. 25, 1842:- Our circulation is specie only, and that scarce. Our Cotton is dull sale, and ranges at Yazoo city from 41 06c., and HO money to buy at that." The Directors of the Mount Holly, (N. J.) Insurance Company have declared a dividend of per cent. upon the capital stock for the last six months. Two hundred bales of New crop cotton were sold at Natchez, (Miss.) on the 22d ult. at prices averaging about cents per pound. The Michigan Insurance Co of Detroit has been enjoined from issuing any more notes until the decision of suit in the Supreme Conrt. It continues to redeem its liabilities. Three attempts have been made within few days to rob banks. The Brighton Bank, near Boston, the Washington County Bank at Williamsport, Md., and the Chambersburg Savings Institution have all been accessfully attempted. Anagency of the Exchange Bank of Brunswick is about 10 be established in Savannah. Specie is flowing into New-Orleans. On the 5th some $20,000 in doubloons arrived from Havana and 215.00 francs from Havre. Within few days, very material advance has taken place in Northern exchange, and 60 day bills on N. York were quoted 41 a 4) per cent discount, and in good request, owing to the few drawers sight checks per cent discount; sterling, par a per cent discount francs 5.65 a 5.70. At Mobile. out door exchange was scarce, a large house having stopped drawing at 10 per cent. Markets-Carefully reported for The Tribune. 12. Nov. SATURDAY, ASHES-Buyers generally offer but $5 37 for Pots to day, and the market exhibit symptoms of yielding We ve heart of but few sales to-day. Of Pearls about 30 to 40 bbls have been taken at $5 94, below which few can be had. The bills out 10-day are about 225 barrels, the receipts 200 barrels. The stock of seconds and thirds are larger than usual, and these descriptions are quite unsaleable. COTTON-The sales yesterd ay reached 800 to 1000 bales, mostly to exporters. The market is still in favor of the buyers. The sales of the week ending Friday, were 3550 bales-1800 Upland and Florida at 84 cents (fair at 73 8): 600 Mobile at 64 a (fair a 84); and 950 N. Orleans at 6 a 9 cents (fair 81 8j.) The arrivals during the same period were 9720 bales. The decline during the week on fair and upwards to c. per lb. FLOUR-The receipts continue light partly in conse queace long continued easterly winds on Lake Erie, but we learn by the Buffalo advertiser that on the 9th 100 vesvesls arrived. bringing about 30,000 barrels flour and 100,000 bushels wheat. In consequence of these high receipts and a fair demand from the East, the market is steady at $4.313 for Genesse, and $4.25 $4.311 for Ohio, Michigan and Troy. There is not much briskness however, as many buy prefer trying the market during the coming week to paying $4.311 to-day. Round Ohio in moderate enquiry. Troy is not plenty large sales having been made at Troy for the East and North at $4.25 in preference to shipping.New Orleans is offering in lots. but we hear of no sales. The last transaction was at $4.183. Southern descriptions are inactive at our quotations, with very small stock excepttog of Georgetown. We quote Georgetown $450; Brandy wine $4 62} Richmond City, $5.75; Richmond County Petersburg, and Alexandria at $4 311 to 4 37A. Rye Flour and Meal are quiet and without change-Rye Flour, $3.12 $325; Jersey Meal, $2.69 $2 811: Brandywine, $2871 $3: hhds. $132 cash, $18 75, 4 months; Buckwheat, $2 75 a $3, and for prime $3.25. GRAIN-Several samples of Wheat are in the market, but there was not much disposition to buy at present rates A sale of 1000 bush Illinois was made at withheld price. The Corn trade was very quiet to-day. We heard of no sales either in Corn. Rye, or Barley-the two latter are entirely out of market. A small lot of Southern Oats, some 300 hush sold at 21c. Northern are worth 26 a 28. A small sale of new crop black-eyed Peas have been made at $1 25, cash The quality of the crop this year is said to be very good. HAY-Bundle continue dull at S6 40. HOPS-The stock is fair with moderate sales. Several large orders which were in the market have been filled at Boston where the rates are lower. We quote Western 11 III; Eastern 10 104. SEED-A lot of 104 tierces rough Flax Seed sold at 10 Clover dall, 64 a 7. GROCERIES-For week past, the Market for Musco vado sugar has been heavy, and prices generally have declined one quarter of cent, the article closing very dull.Porto Rico,at 5A a 63 cents: New Orleans, 51 63; Cuba 5A 26; St. Croix, a 63: White Brazil, 7 brown Havana 6; 162; White do. 33 a 9, all 4 months There have been namerous arrivals of Box Sugars within a few days. The market for Coffee is dull. and the sales of Brazil small, the this must in great measure be attributed to the very light stock. Sales Brazil at 7a 9 cents; Laguayra, 8 a & A ; An gostura, 71; Java, 111: green do, 9; Maracaibo, 71 274: Cuba, 6:a -all and months and St. Domingo, a 6tc. cash and 90 days. HIDES-We notice sales within few days of 3000 B Ayres (24 lbs) togoto Canada, at about 14 cents 1400 Malamoras, (20 lbs.) 12: 500 Santa Martha, 103 merchantable and 500 dry salted Carthagena, 10: and in Boston, for this market 2700 California, at 11t cents, mon hs. FISH-About all the good dry Cod remaining in first bands say 2500 to 3000 quintals, have been sold at $1871 Mackerel also have nearly all been taken up perhaps 300 bbk Nos and 2. at $8 $8 25 and $6, and S00 No $4 121 and, as they are now mostly in the hands of the dealers, advanced prices are required. Salmon, Herring and Shad are unsaleable. FRUIT-There have been sales of 508 b xes Bunch Raistas at $1 60. with few sales at $1 65; 2000 half do. 90c. 1000 qr.do.574 200 kegs Sun, for export, $8, short price, all mos.: 50 frails Arabian Dates, 2) cents; two invoices new crop Havana Oranges, the first received, $18 from the vessel cash: and 64 boxes new crop shelled Almonds, on terms we did not learn. By auction 60 kees SHIVING Rai-