16072. Lafayette Bank (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 22, 1842
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
a61f3e0e

Response Measures

None

Description

Court order by Vice Chancellor (Mar 22, 1842) referred matter to appoint a receiver; Receiver R. C. (Robert C.) Cornell named and gave notices in Sept 1842. No articles describe a depositor run; bank was placed in receivership (closure) by action of the Bank Commissioners/Court (government action). OCR variants 'La Fayette' / 'Lafay Bank' corrected to 'Lafayette Bank'.

Events (3)

1. March 22, 1842 Suspension
Cause
Government Action
Cause Details
Complaint brought by the Bank Commissioners of the State of New York and court order referring appointment of a receiver; bank placed into receivership by court action.
Newspaper Excerpt
Vice Chancellor McCoun. March 22 --Decisions.-John G Forbes and others, Bank Commissioners of the State of New York, vs. the La Fayette Bank of the city of New York.... ordered that it be, and hereby is, referred to R. C. Wheeler... to appoint a Receiver of the property and effects of the La Fayette Bank
Source
newspapers
2. March 23, 1842 Receivership
Newspaper Excerpt
Robert C. Cornell, Esq has been appointed Receiver of the Lafayette Bank of this city.
Source
newspapers
3. September 19, 1842 Other
Newspaper Excerpt
Notice is hereby given, that the Receiver of the property and effects of the La Fayette Bank, will, on and after the 19th day of September instant, pay in full, without interest, all the debts and demands of and against the said La Fayette Bank now outstanding and remaining unpaid, on presentment of the same to him at his office, No. 34 Wall-st. ROBT. C. CORNELL, Receiver of the La Fayette Bank.
Source
newspapers

Newspaper Articles (9)

Article from New-York Tribune, March 2, 1842

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D The Lafayette Bank.-The motion relative to the appointment of a Receiver for this Bank. has been postponed until the second Tuesday of March next In the meantime the Bank is authorized and will receive its bills for all debts due it. and will also receive payment in their bill, of any note beretofore discounted, or loan made by them and allow a rebate of interest for the unexpired 2513+ i me that said note or loan has to run. D Lecture* on Agricultural Chemistry and Geallogy." by James F. W. Johnston, M. A, F. R. SS., L. 12 E. For sale by DAYTON & NE WMAN, corner of Fnlton and 126 Nassau sts.


Article from The New York Herald, March 23, 1842

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Leaving a balance of $1,055,000 of $610,000 Of which amount the sum of one hundred and fifty thousand is now within the command of the Fund Com- missioners. This shows, we think, conclusively that the indebted- ness of the present year cannot be met. The means provided are an issue of $1,800,000 of State stock, not to be sold under par. These constitute the domestic bonds with which the contractors are to be paid. They are not worth 50 cents on the dollar now. The real state of the case is that the State has but $390,000 to meet $1,665,- 000 between now and July, a deficiency of $1,275,000. Mr. Cornell, the Cashier of the Mechanics' Banking Association, is, we understand, an applicant for the re- ceivership of the Lafayette Bank. There are strong ob- jections always to appointing an officer of one bank as a receiver for another failed institution, for many reasons. Among others the officer of a bank has as much as he can do to attend to the interests of the stockholders, from whom he receives a salary. But this is not all. If such a precedent should be established it might lead to collu- sions between the officers of different banks, which in case of ultimate failure, might be forever concealed from the stockholders through the agency of the receiver. For instance we will suppose a case. There might be an individual who is a director in two institutions, A. and B. Through influence with the cashier of A., he may obtain a special loan say for $4,000, and when a visit from the Bank Commissioners is expected, he may, to meet it, draw a check on B., and its cashier may mark it "good" in red ink in the usual way, although there are no funds to meet it. This check so certified may then be counted by the cashier of A. as among the notes and checks of other banks on hand." The sud- den appearance of the Bank Commissioners to examine, might then cause this check to be sent unexpectedly to B. for payment, when it would figure among his over- drafts, and be converted into a special loan by the depo- site of the stocks of A. as collaterals, which may fall on his hands and the bank sustain a loss of one half more on the failure of A., and the appointment of the cashier of B. as the receiver, a whole train of similar transactions might be covered up, and "special loans" of all the parties be swallowed up without the stockholders finding out how their money goes. We have here supposed a case in order to point out what abuses might arise from allow- ing the officer of one bank to have the settlement of the affairs of another institution. At New Orleans on the 11th, the panic had somewhat subsided. The holders of bank funds invested them in cotton as rapidly as possible, which caused an advance of ¼ a cent in the article: 1500 bags changed hands. The state of the currency was as follows on a specie basis:- Bank'le funds 7 to 9 r.c.dis. Impr't Bk f'da 35 to 40 p. c. die. Municipal do 8 to 10 " Exch'ge Bank 60 to 65 " Sight Ex onNY 2 to 3 " Blue back C'ks 20 to 30 " Orl's Bk funds 65 to 75 " Alabama funds 18 to 21 " Atchafalaya do 55 to 60 " Tennessee do 15 to 17 " Exchange on New York was actually at a discount for specie. In relation to the failure of the Merchants' Bank the following notice was published:- # COMMERCIAL BANK OF NATCHEZ, March 9th, 1842. # TO THE PUBLIC. No person could have been more surprised than I was to learn this morning that the Merchants' Bank of New Orleans had on the 7th inst refused to pay the drafts of this bank, as at that time the Merchants' Bank was in- debted to this bank over $150,000 for deposites made to meet the drafts, and besides held a large amount of bills belonging to the bank, all maturing within twenty days. In consequence of the distrust of the Merchants' Bank, created by the attachment in January by the govern- ment, I visited New Orleans, and while there had the


Article from The New York Herald, March 23, 1842

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Viee Chancellor's Court. Before Vice Chancellor McCoun. March 22 --Decisions.-John G Forbes and others, Bank Commissioners of the State of New York, vs. the La Fayette Bank of the city of New York.On motion of E. H. Blatchford, counsel of complainants, ordered that it be, and hereby is, referred to R. C. Wheeler, Esq. one of the Masters of this Court, to appoint a Receiver of the property and effects of the La Fayette Bank, with the usual pow er of a Receiver in such cases: and that he take from such Receiver good and sufficient security in the sum of $50,000 for the faithful performance of his trust. It is further ordered, that the complainant, defendant, or any creditor or stockholder, can appear before said Master, and propose himself, or any other person, as such Receiver; and that the Master give four days notice for such hearing in three or four of the daily papers-the Receiver to deposite the funds, from time to time, as they reach $200.), in the New York Life Insurance and Trust Company, until wanted for the purpose of settling with the creditors, when they can be drawn out, an order from this Court being first ob tained. Eleanor Totten vs. Peter Stuyvesant and others.The complainant, in August last, bought lot 214 of the es'ate of N. W Stuyvesant, situated in the Eleventh Ward, for which she agreed to give $2,250. paying ten per cent down. She subsequent. ly filed a petition in this Count, praying that the sale might be annulled, and the ten per cent paid back, on the ground that the title was defective, in consequence of the widow still possessing her dower. A counter statement was put in by Gerard Stuyvesant, one of the sons and heirs, who averred that the widow of Robert R. Stuyvesant (now Mrs Peckham) had sold and resigned claim to her dow. er for $30,000 Ordered, that the petition be denied with costs.


Article from New-York Tribune, March 23, 1842

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VICE CHANCELLOR'S COURT. Before Vice Chancellor M'Coun. DECISIONS, Eleanor Totten VS. Peter Stuyvesant and others.-The complainant had bought a lot belonging to N. W. Stuyvesant's estate, and paid 10 per cent. down, but refused to ratify the agreement on the ground that a title could not be given. the widow's dower being unsettled, and petitioned that the sale be annulled and the 10 per cent. paid back.The charge was denied, it being asserted that the widow had taken $30,000 for her dower. Petition denied, with the costs. Bank Commissioners of the State of New-York VS. the Lafayette Bank.-This was a motien for a receiver. Order. ed, that the case be referred 10 R. C Wheeler, Esq., one of the Masters of the Court, to appoint such receiver, who shall be required to give bonds in $59,000-the complainant, defendant, any creditor or stockholder of the Bank, being privileged to offer himself or others for such office, notice of a hearing in relation to which to be advertised by the Mas. ter four days in three or four of the daily papers; the funds to be deposited from time to time, as they reach beyond necessary expenses, $2,000. in the New York Life Insurance and Trust Company, until wanted for the purpose of settling with the creditors, and then to be drawn out by an order 01 the Court. COURT OF SESSIONS. Before the Recorder. Judges Lynch and Noah and Aldermen Balls and Lec. SENTENCES.-William Crocker, convicted of petit larceny by confession, City Prison 30 days. George Pell, colored convicted of burglary in the third degree, State Prison two Years. John Fraser, convicted of petit larceny, Penitentiary 6 months. No cases being ready for trial. owing to their being postponed to their next term: the Jurors were discharged for the term, and the Court took a recess until Friday. POLICE OFFICE. A FEMALE PURLOINER.-Ou Sunday last, a girl named Jane Kelly, 18 years of age, who arrived here from Ireland about five weeks since, went into the house of John King. No. 45 Orange-street, in the absence of Mr. King and his wife, and stole 897 in gold and silver coin, which she carried away and locked up in her trunk, except $5 25, with which she purchased a bonnet. To-day she was arrested by offi cer McGrath, to whom she confessed her guilt, told where the money was, which was recovered, and she committed to prison to answer. LARCENIES-Thomas Jones was arrested and committed for stearing a broad-axe worth $2 from the ship-yard of Brown & Bell, foot of Stanton-street, the property of Jam Craft. A BRACE OF BURGLARIES.-On the night of the 13th inst. the store of Messrs. Adolph Adam and Arent Hohorst, No 100 Sherif-street, was burglariously entered and robbed of $40 in money, a watch worth $10 and $5.50 in goods. and on Monday officer Hostin arrested three colored men. named John White, James Miller and Henry Griffin alias Sanitle. charged with the offence. The watch was recovered, where they had pledged it, and they committed to prison at the Upper Police Office to answer. On Monday night the store of John Nowland, No. 96 Willet-street, was burglariously entered and robbed of $12 in money. Officer Tompkins to-day arrested a man named Terence Smith, charged with the commission of the burglary, and he was committed to prison at the Upper Police Office to answer the charge. STABBING A FEMALE.-A man named Bernard M. Dermott was arrested and taken to the Upper Police Office. charged with having on Saturday night >tabbed a female named Bridget Quinten badly in the arm with a knife. He menaced her with death, and aimed a blow with the knife at her head, which took effect on the arm that was raised to ward it off. He was committed for trial. DRIVING FURIOUSLY.-Anthony Farrell, A driver of one of Mr. Murphy's Harlem line of stages, was arrested and takea to the Upper Police Office, charged with having on Monday driven his stage furiously against a stage of Mr. Nicholas Rider. in the Third Avenue, forcing it off the road and periling the lives of the passengers. He was fined Si and costs, and held to bail in $200 to keep the peace and be of good behavior for 6 months.


Article from New-York Tribune, April 8, 1842

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Commercial and Money Matters. THURSDAY, P. M. There was more animation at the Brokers Board onday, and the sales were larger than for some days past. The market was generally firm. Delaware and Hudsan improved i per cent. Harlem 1, Mobawk 14, Paterson 1, Canton Co. 3. The operations were limited in State Stocks, but N. Y. Stocks were very firm. Five and a half improved 1 per cent. Illinois declined 1 per cent. Indiana 1. Ohio Sixes were firm. The sales were as follows 183 75 do 2,000 1,000 New-York 5. 51. 185 do this week 16 5,000 1,000 Illinois 6s, '70 184 do cash 152 1,000 1,000 do next week 18 19 cash do 2,000 1,000 Indiana 5s SECOND BOARD. do 1,000 Illinois 6s, '70 10 days 15 1,000 15% There is rather a better feeling in Foreign Exchang Sterling 6} a -Francs 5.37! The operations for the packet however were not very large. No material change in Inland bills. Specie is still moving toward Philadelphia. The Banks there appear to have an insatiable longing for coin, and refuse to receive any thing for their drafts but metal. Robert C. Cornell, Esq has been appointed Receiver GI the Lafayette Bank of this city. We have a letter from Columbus, Geo. stating that the Bank of Columbus has again suspended payment. This Bank resumed about three or four months ago and has since sustained a constant struggle for existence.


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

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MONEY MARKET. Sales at the Stock Exchange, Sept. 13. 503 3d 254 de 300 76 Del & Hod cash 61 Bank 10 Manhattan Hariem 100 blod 1014 do. 20 Union Bank 106 17 radesmen's Bank cash 183 do 100 Farmers' Loan. 173 50 do sad 18 do 174 50 b3d 19 de 17 nw L. Island b60d 51 do 17 do 150 do God 5031 50 SECOND BOARD 17 $30d 16 25 do 40 Harlem Commercial and Money Matter TUESDAY M. The transactions to-day at the Broker Board were to fair extent, and principally in Harlem and Long Island.Stocks generally were not firm. and sellers were plealy Delaw are declined 1 Farmers' Loan 1. Harlem, in spite of the efforts of the great boll house, fell off per centThis, however, was notso much decline as was anticipate after the statement in morning paper. When, however, it was discovered that certain shorts had suggested that statement, its effect was lost. Union Bank improved per cent. State Stocks are not in much demand, and, with the exception of our own State and City, are rather less firm.Ohio Sixes tell ofi per cent Kentucky 11. The following were the trans-actions: $1,000 Ohio 6s, 1860.$600 72 $3000 Kentucky Bonds 723 cash $6,000 Foreign Exchanges are quiet. Sterling 71 a 7); Francs 5.35a.532} Mobile is rather beaviet to-day. A second meeting of reAlabamians was helder day or two ago, but did not sult in any thing important. A third in contemplation. The first was gotten up by person whe had alargeamourt of Alabama funds to sell. and wisked to make a ood naarket for them, but his resolutions would.net go down. North Carolina and Virginia funds are in good demand. Private letters from Richmond state that the Banks will resume in fall on the day required by law, 15th inst, and that the Richmond Bank III draw on New-York at per a nt. and the branches 3. We regret extremely to learn the failure of the American Company. The liabilities supposed to be about $300.000. The Company has suffered heavy losses during the ot past few years, both by bad debts and by depreciation its stock of furs. In one year it said to have lost $100,000 by the Water-street furriers. It has also large stock of furs in London, which are unsaleable, or only at ruisous prices. The sales made in that market have been nearly all loss, the prices of fors having been for some years past at lower there than here. We regret the failure particularly on account of Mr Crook, than whom more respectable, honable and untiring merchant does not live. Mr. Astor, we believe, has had but small interest in this concern for some years past The following good story, from Thompson's Bank Note Reporter, in relation to the head of wellknown uncurrent money house in Wall-street, is too good to be lost, whether That prince of beef-steaks and oysters, the keeper of the Verandab,' in William-street, had occasion, one day last week, give out time check, or check dated few days aheau, for two hundred dellars. The big broker, who keeps supply of circulating medium exchange for such was kites, applied to, and cashed A wag. learning the facts, indulged his ruling passion DV confieentially pay, the broker that the Verandal man was no good and ing advised him commence out without delay Very SOON after, the financier and the oyster prince were mint julep together Says the broker That pin brilliant one. looking the other's breast should like much to own real diamond suppose. s diamond, sir, and cost me three hundred dollars, was the reply broker offered two hundred the prince would take After of thinking three hundred. short usury, nothing dishonored check bankrupt act &c. &c. the broker transthe lers the pin his own ruffle, saying, Send over to needles office for your money to say that when the money came the check thirds the amount. The pin originally cost in cash seventy dollars. The oyster prince tells story proof better times. The financier finds, and better judge of white bears, by enas diamonds. morkeys The Reporter says that the Receiver of the Lafay Bank, of this city, informs us that he had collected very the funds to discharge all the liabilities of Bank, and will be able to pay the bill-holders and depositors before the 1st of October. The Nashvi lle Bank has met all the calls upon them for specie with promptness, and the run nearly over. They are considered to be now firm. At Boston there is larger demand for money. Foreign Exchange dud: Sterling 7a71; Francs .45. believed that the Banks of Massachusetts were never better off or more prosperous than this time. They have, general thing, been doing safe and profitable business. At Charleston, bills on New York are scarce and selling at la a 13 premium 2 per cent. asked. Nothing doing in At Louisvil Ky basiness is rather scarce. Indiana money is still one and half per cent. below par. The Banks are now receiving the notes of the New-Albany and the Evansville branches. The branch at Madison, become ing dissatisfied with the arrangement made by her some time since, has worthdrawn from II, and ner Issues are 1 per cent. in consequence. FLOUR AND WHEAT.-Account of Flour and Wheat arriving attide-water-during the Wheat Flour 29,312 bbls. 46 929 bushels. First week in Sept. 1341 30,813 43,922 1842 Increase. 1,509 4.007 Decrease Excess in favor of 1841, taking Flour and Wheat together, [Alb. Argus. 2,705 bbls. Flour. Markets-Carefully reported for The Tribune ASHES.-The receipts to-day are not large say 150 bbls of both descriptions, and the bills out are very small. The at inquiry for Pots continues as before, to take all offering $5 74.but the sales to day have not been large-not exceed ing 50 to 75 b5ls. Holders of Pearls have submitted toa de cline, and about 150 bbls. have been taken to-day a: $5 62 at fall of 124c. Some small lots, however, were sold 85 75. Buyers generally refuse to give over $5 62 and this must now be considered the current rate. COTTON.- The sales yesterday were about 250 bales an to-day we have only heard of the same amount, includ10c. ing lot of 140 bags fine New Orleans, at not less than There are no symptoms of a decline, holders remaining very firm, which prevents operations. At Mobile, light demand sale small lot new crop, fair, at9 Inc: middling fair 7 ac At Augusta, market firm-receipts new crop fair: quotations 7hold crop 7+ 8 8 new from sales GROCERIES Things are rather quiet. first hands being more limited than for week or two past. Some auction sales of Sugar and Coffee took place to-day, and prices in most cases were sustained. The sales includand ed 103 blds. St. Croix Sugar, 50 withdrawn, 6c 120 hads Cuba M uscovado at 51 5t, mos. 40 bags Cuba Coffee, 60 withdrawn, at 61 a 6 c. and 10 do. Rio, 240 with drawn ,at 63. The Cuba Muscovado sold hode lower than previous sales, but the other sales were at fair rates. The sales were attended by some dealers from Boston, but we believe none of the trade from Philadelphia and Balti mo e are in town. FLOUR.-Only small tow in to-day. The demand has impreved and taken nearly all adoat. The sales yesterday afternoon and to-day reach probably 800 bbis of all kinds, it some of it in anticipation of an improvement in prices, as that receipt the well factors informed some of the opinion from the interior will soon begin to fall off, and that the point of the market has been reached. This, how. ever, point upon which each one has his opinion, and we give merely as showing hat are the opinions of some but of the trade. Prices, however show no improvement there bas a decidedly better feeling developed itself the gradual decline of several days past has been arrested, which of itself indicates more firmness A few Eastern ortoders are in the market. Holders ot Genesee are firm day $4 561, and some sales of favorite brands have been at made $4.62 Some small lois of Michigan have sold $4 564 Round hoop Obio in demand for the West Indies and sales were made yesterday to the extent of 1,000 bbls To-day we have heard of no sales under At Buffalo, Fleur had been offered at less than $4, as it should be, to correspond with prices here. A good lot of round Ohio sold at $8 80 per bbl. About 600 bbls. New-Orleans have been sold to-day MI 84 25tor bad, and about $4 50 for superfice for the balance. for portion, 400 bbls. There some inquiry for Southern sales of about doBrandy ine $5,for shipment. We near of nothing


Article from New-York Daily Tribune, September 17, 1842

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MONEY MARKET. Sales at the Stock Exchange, Sept. 16. cash 8: 25 Harlem R 1100 Sd 84 do cash 843 33d 50 do cash State 75 NY 200 Long 1s! bsod Com 100 92 scrip. b30d 50% 92 cash 100 Hariem 30d 18 Farmers' Loan do 504 s10d 150 cash 36 Mohawk R b30d 50 do $60d 50% SECOND BOARD. 25 Mohawi E 66 do b30d 364 25 Commercial and AVE oncy Watters P. M. FRIDAY There was rather more doing to-day, but no improv ment in prices. Delaware was beavy and dec lined 11 per The sales of Long Island on time. Harlem steady. Mohawk fel off per cent. the last The only sale of Stock Stocks was 3.000 Keatucky Sixes same last sale. For State Sevens 993. terest 1862, asked. Fancies firm The transac tions were$3000 Kentucky Bonds. Sixes for the firmly The Foreign Exchange market closed has steamer at Boston. The amount of very large. Sterling 7 Francs 5.32c, with bills higher. Amsterdam 39 391; Hambarg 35 S5 Bremer 751 a 76. Mobile is rather heavier to day and more off ring. North 28 Mobile for other branches. Virginia at 11 discount. The brokers buying Bank Lyons notes at 25 a 30 per cent. discount. There is another Bank belonging to waak cliqueas the Bank of Lyons which is which the brokers generally have confidence. If it should called upon for what owes the State would probably by the board, like the other. There in the street for United States Bar notes, some sales have been made at 41 cents on the dollar. Treasury Notes are quoted at par and 14 discount. None of the notes authorized by the late act of Congress have ap. peared The Receiver of the Lafayette Bank has given notice that all debts due by be paid on presentation at his office. 31 Wall-street, on and after the 19th inst. We noticed few days since, the Farmers' and Mechan. ics' Bank of Rochester stating the circulation not secured. We have seen o-day some new notes of this the face New. arked OR secured by are Bank, which York per cent. stocks. These notes are no doubt well secured and perfectly safe. The American says that the State debt of Alabama, instead of being $15,000,000, as is generally supposed, only $9,874,550, payable from 1844 to 1866, bearing an annual in terest, including exchange, of 8526,341, or 51 per cent. This the State can be called upon to pay, even in case of total loss of the capital of the State Bank and branches. The entire receipts of the United States from 1789 to 1840 were $1,112,076,586. The entire expenditures were $1,082, 113,422. of which $436,700,648 were on account of public debt. Business in stacks is dull at Philadelphia The Banks are of ineans, and discoant all the good business paper offering The following stocks sold in Boston 103 per cent. ad shares Boston and Worcester Railroad vance; 20 do Western Railroad, $641 a 641 shares; Boston and Maine Ra ilroad, 79 pershare do Boston do Eng $500 : New 8115-par Company change Bank,971; 7 do Atlantic Bank. 864: do Eagle Bank Neponset Bank, 4do Methuen Manufactur Company,2 Jassachusetts Fives. 1857, offered but not sold, only 83 being bid. Demands belonging estate of Grant, Seaver & Co. to the amount $76,000, for ciniling $4,400 dema against the United States, sold $1,532.5M The Franklin Bank of Columbus, Ohio, is again on its legs, having reco from the embarrassment arising out of its loan to the State. On the 7th inst. had $85,278 Cirspecie $20,000 funds New-York Bank notes $11,536. culation $187,332 D reposites $79,145. The principle of Metual Insurance has been adopted in Baltimore. The Bahimore Insurance Company is winding up, and in its place the Atlantic Mutual Company has been organized. At Cincinnati, Exchange on New-1 York had declined 10 21 premium. At Louisville the Banks were drawing for customers in small sums 1 premium. The supply out of doors was 85 equal to the demand. Kentucky SO year Bonds 75 Scrip 70. The Savannah Re that is informed that, Central Bank, while in New-York lately, the agen in in-order to pay the interest upon the State bonds due land, deposited two dollars for one in the bills of that Bank. and agreed to pay at the rate of twenty percent. per annum for ninety days, until the deposite was redeemed. Whether the sum deposited was to be forfeited if not redeemed in the ninety days, our informant did not learn. Markets Carefully reported for The Tribune. ASHES.-There are no new bills out to-day, and some of the lots offered yesterday remain unsold, some of holders ab.ut sales of We hear rates. current relove 100 bbls. Pots at $5 874, and 40 to 50 obis. Pearls 62A.The receipts are rather limited, as is usual during this month. The market cannot be considered very firm, although Pots are in pretty fair demand the quoted rate. noticed before as market continues, COTTON.-T quiet, with sales to-day of 250 to 300 bales at previous rates. The stock on the market for sale one reason for the small operations, and also has the effect keep holders firm. of The stock is estimated at about 8,000 bales. A portion the Cotton being shipped goes out from first hands. FLOUR-There has been fair demand to-day for Eastports and for shipment, but not enough to induce holdern ers any advance. The sales of Genesee have been at 4 62j ; we heard of but one sale below that price. Re ceivers are generally firm, but the market cannot be con sidered quite so favorable as yesterday. Michigan has old as at 4 561, but most of the receipts sell at the same rate Genesee, being as good, if not better article, and coming 60. in in good order. A lot of few hundred bbls. sold at Small sales of Troy at 4 62], comprising all afloat. About 1,000 bbls., variou- descriptions, taken for the British Provinces, which 700 were flat Ohio and limitation Genesee at 561, and 300 round Ohio at 4 50. A sale of 100 bbls. Genesee at 4 62 ₫ was reported for London. We quote Geuesee 4 62}; Michigan 563 a 462 Ohio flat 564 of transac no hear exceptwe Southern In 450. round ing parcel of 340 bbls. Richmond Country at 4624 Georgetown new we quote at 87/ a $5; old 25 5371 Brandy wine $5. There is no stock of Southern here of any importance, excepting of urgetown. North River Rye Flour plenty Jersey scarce. We quote the former $8 S 12 ; the later S 25. No sales Corn Meal. Jersey 2 87 2 $3; Brandywise$3; hids. 13 50,4 mos. of about since few days made was sale GRAIN 1,400 busbels North Carolina Wheat at 75c, for milling. To day and yesterday there have been sales of S,500 bushels new Ohio about 93c, and 500 bushels Genesce 93 100c, milling. There is not now much Wheat offering The supplies of Corn continue to be light, and the Eastern demand cannot be supplied. Southern is wanted, and we believe there none on the market. Since our last report of Southern there has been sold 1,500 bushels Yellow Maryland 55c, measure, for the East, and about 3,000 bushels inferior at 58 55c, weight, for distilling. We notice sales to day of 600 to 800 bushels North River at 58c. measure, and 800 Jersey Yellow at 59 60c. No Rye in market, and it i wanted. parcel or IWE offered, to arrive, 59c. Oats are without change moderate business doing, and receipts ample. Old Canal so 31 new so River 28 30; new 26 a 28 for fair quality. No receipts of Barley since the first lot, which sold at 53c. SEEDS We notice sale of 100 bbls. Ohio Clover good. at 84c. for export PROVISIONS There is considerable demand for Pork and the market firm. We notice sale to-day of 700 bbls. Ohio Prime and Mess 5311 as S74 and $8. In Beef there is but moderate business doing at $8 and 62 and at for this State. For Refuse Provisions the demand continues good but the only transactions which we heard of 200 bbis. soft Prime Pork $4. The balance of the parcel is held at 4 25. In Butter and Chee there is no change, and a fair business doing. WHISKY.-Sales of 150 ubls. good Western at 207 21c WHALE OIL.-A further sales of 400 bbls. has been made export. WHALEBONE.-A parcel of 16,000 lbs. has been tab en for ipment at 32jc, an advance of 1)c per lb. on the last sale. TE AS.-The Teas imported in the barque Olof Wych


Article from The New York Herald, September 19, 1842

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much is detention, which many places. Gentlemen cannot find more healthful which this establishment is intended, as no gambling of any kind will be permitted and all vulgar society excluded The proprietor solicits his former patrons with the request that they s19 tt*, will invite their friends NEW FRENCH GOODS. TO MILLINERS AND DEALERS. B. STRANGE, 163 Walker street, has received by the E last Havre packets, ne goods adapted for the city tradePlumes, Flowers, Pattern Hats, Cap Sprigs, &c. carefully selected and of the best quality, which he offers for sale on favorable terms. Also, full supply of new materials for Flower makers. $19 lt*m DANCING & WALTZING. R. J. PARKER and his daughter have the pleasure to anM nounce to their friends and the dublic, that, for the accommodation of those families residing up town, they intend opening a school ou Tuesday, the 20th of September, at their residence, 207 Bowery Days of Tuition-Tuesdaya and Fridays; Young Ladies' Class, 3 o'clock-Boys 5 o'clock. Mr and Miss P. will likewise give priv te lessons, either at boarding hools the residence of the pupils, or at their own 19 2t*m residence 207 Bowery ON THE CANAL STREET PLAN." THE Public are by this time satisfied that the cheap, clean and neat Oyster Shops are the best, and that they are as Ilserved as elsewhere. The Subscriber has opened a new establishment at No. Nassau street, a few doors above Ann, where he hopes, by strict attention to business, he will merit share of custom. Being a new beginner, on his own account, but an old hand at the business. Oysters stewed, fried. roasted or raw, served up on the shortest notice, and the best that can be found in the city. Supper parties will find this a pleasant resort for an evens19 It*m ingFLORENCE BRAID HATS- TO SOUTHERN AND F WESTERN MERCAANTS BUYING FOR CASHA very advantageous opportunity now offers for purchasing at extremely low prices a limited quantity of ladies' beautiful Florence Braid Ha's, ma ufactured in the best style. They will not be kept in this city longer than the next three or four days, during which time they may be seen at the office of Thos. Reynolds corner of Nassau and Maiden lane, up stairs-en18 4t*re trance 59 Nassau st. MANGLES MANGLES! reduced-Important toHoteland Boarding house Keepers and Fan ilies-DUN CAN & WEST respectfully inform the public. that they have on hand and are manufacturing thei ir patent mangles, which, for utility and durability are not to be surpassed. It is laborsaving machine, as it entirely supercedes the use of ironing. and rapidly puts gloss on sheets, table cloths, &c &c. without the aid of fuel. They may be seen in operation at the United States Hotel and at Banker's Mansion House and nearly all the hotels in the city. They are sold at No. Little Green street, near Liberty street, N. Y. where Messrs. W. do bellhanging, lock-smithing and all kind of iron work, cheaper than can be don elsewhere. B.-Kitchen Grates made from 10 cents to 1s. perlb. s18-1m *re FRENCH LANGUAGE.-The very flattering encouragement thus far bestowed upon Professor Mouls in the increase of his pupils, consequent upon the proficiency they have attained in a short time under his taition, has induced him to lower his terms from $12 $10 per quarter thus placing the opportunity of obtaining a thorough knowledge of the French Language within the means of any ladv or gentl man wishing to acquire a language indispensable to a good education. His system is generally approved by the many ladies and gentlemen of re spectability, to whom he has had the honor of instructing Three Classes are already formed. and those persons who may desire to unite with them, should do so at this favorable mo ment. Professor Mouls' rooms are at No. 373 Broadway. s18 Im*re THE WHIG ALMANAC AND U.S. REGISTER For 1843. WILL BE PUBLISHED ON TUESDAY, September 20th, and ready for delivery to order. It will contain, 1. AN ALMANAC FOR 1843, full and complete, with the all the usual Calculations, and adapted to every State of &c Umon,&c. THE PRINCIPLES AND MEASURES OF THE WHIGS A plain and condensed statement of the points of difference between the contending parties in this Country, em bracing an exposition and defence of the views of the Whigs(original.) 3. AN EXPOSITION AND DEFENCE OF THE PROTECTION OF HOME INDUSTRY. showing its Po licy, Necessity. and benefits to the Labering men of this Country, and how it contributes to the Prosperity and Welfare of the people 4. A LIFE OF HENRY CLAY, clear and glowing written expressive for this work OFFICIAL RETURNS OF ALL IMPORTANT ELECTIONS. in the several States and Counties of the of Union, from 1836 downward, including especially the vote every State and 1 County in the Presidential contest of 840 6. NECDOTES, MISCELLANIES, &c.- great variely, TIMES OF HOLDING ELECTIONS in ail the States the number of Members of Congress and Electors of President to which each entitled, &c. Stc. THE WHIG ALMANA will be printed on fine white and stitched in a printed cover. It will contain 61 closely paper, printed large octavo pages, and as much reading matter an ordinary duodecimo volume. It will be afforded for cash inflexibly at 121/2 cents per single copy, $1 per dozen, $7.50 per rehandred, or $65 per thousand. Orders enclosing cash are spectfully solicited by GREELEY & McELRATH, Publishers, No. 160 Nassau-street, opposite the City Hall s16 2tinsd&2tw* Tribune Office, Aug., 1842. TEAM ENGINE sale cheap. a forty horse power The cylinder is one foot diameter and six feet steam stroke engin with governor, force pump and fixtures complete fly wheel fourteen feet diameter and weighs four and a half with shaft ten feet long. one pinion. Also one spur wheel, tons, feet diameter. The work is got up in neat, substantial three and adapted to the use of steam pansively and workmanlike For further manner, particulars inquire of G. C. HISCOX, s17 Im*r No. 38 Ann street, N.Y. office 2d story, IVERPOOL COAL-For sale a small quantity, about L 12 1/2 chaldrons, part of the cargo saved from the strauded R., ship Westchester, now lying on the wharf, Pier No. 1E. for sale by s16 r JOHN HERDMAN, 61 South at. DACKET SHIP GARRICK, from Li erpool-Consignees by this ship will please send their permits on board, at Orleans Wharf, foot of Wail st All goods not permitted in five days, will be sent to Public s16 store. A FAYETTE BANK OF THE CITY OF NEW L YORK Notice is hereb given. that the Receiver of the property and effects of the La Fayette Bank, will, on and after the 19th day of September instant, pay in full, without interest, all the debts and demands of and against the said La Fayette Bank now outstanding and remaining unpaid, on presentment Wall st. of the same to him at his office, No. 34 ROBT. C. CORNELL s17 lw*r Receiver of the La Fayette Bank. PHYSICIANS, OR MEDICAL STUDENTS TO Wanted either a Physician or Student who may have nearly completed his studies, and contemplates graduating take at the approaching term of medical lectures in this city-to the busi- an interest in an old and well established medical office, to ness and income (being a cash business) of which is second no other in the city, or perhaps in the United States. Any sub gentleman wh may desire to treat with the advertiser on the s16 r ject of this notice, will please apply at 12 Peck Slip TO LET--The first three story House, 112 Grand street, west of Broadway, with the Furniture, all new. The house is in perfect order, and can be seen between s12 1mr the hours of 12 and 3. mo


Article from The New York Herald, September 22, 1842

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PARIS ARTIFICIAL FLOWERS RUN & CO., 115 William street, formerly Brun, Larosure B & Co.-willopen in a few days, twenty cases Paris Artifi cial Flowers. Feathers, &c., now landing from last arrivals.This establishment is recieving from their house in Paris by every Havre packet, the newest styles of flowers and feathers, as they appear in that centre of fashion. This arrangement enables them to have constantly on hand a most fashionable assortment of the above articles. Dealing by far more largely in this line than any other establishment in the city, they can afford to sell at the very lowest rates and on the most reasonable terms. Wholesale warerooms up stairs. Also, constantly on hand, every kind of materials for flower #3 Im*c is manufacturers. LA FAVETTE BANK OF THE CITY OF NEW YORK - Notice is here by given, that the Receiver of the property and effects of the La Fayette Bank, will, on and after the 19th day of S. ptember instant, pay in full, without interest, all the de bts and de mands of and against the said La Fayette Bank now outstanding and remaining unpaid, on presentment of the same to him at his office, No. 34 Wallst. ROBT. C. CORNELL, Iw Receiver of the La Fayette Bank. FIRE BRICKS-7000 of superior quality, in store, and for sale by PERSSE & BROOKS, 61 Liberty st. s20 3t c