19168. Schuylkill Bank (Philadelphia, PA)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
March 18, 1842
Location
Philadelphia, Pennsylvania (39.952, -75.164)

Metadata

Model
gpt-5-mini
Short Digest
bd5c5f16

Response Measures

Full suspension

Other: Bank suspended business (listed among 'broken' banks); later resumed specie payments and paid depositors (per 1843 report).

Description

Contemporary Philadelphia papers in March–April 1842 report runs and large withdrawals across multiple Philly banks. Schuylkill Bank is repeatedly named among the banks that experienced runs/closed their doors and is listed among the suspended/broken banks. No clear article in this set reports a successful reopening of the Schuylkill Bank; therefore classified as a run that led to suspension and permanent closure. Dates are month-level where only month/day provided. OCR errors in articles corrected when obvious (e.g., 'Schuy!kill' -> Schuylkill).

Events (3)

1. March 18, 1842 Run
Cause
Local Banks
Cause Details
Contagion from runs and suspensions among multiple Philadelphia banks during resumption period; panic and heavy withdrawals spread across institutions.
Measures
No specific remedial measures for Schuylkill described in these articles; general mention that some banks resumed specie payments but Schuylkill was compelled to close its doors.
Newspaper Excerpt
There were 'runs' upon the Farmers' Mechanics' and Northern Liberties' specie Banks ... a crowd thronged the vicinity ... it experienced a run.
Source
newspapers
2. March 22, 1842 Other
Newspaper Excerpt
We do not understand whether it is the public, the stockholders, or the officers of the bank, who are most deeply interested in this mourning. The Relief Notes ... continue wretchedly de- ... The Schuylkill and Moyamensing are the exceptions. the latter bank, we notice to-day, still has its windows 'bowed.' (context: marble banks closed/suspended).
Source
newspapers
3. March 24, 1842 Suspension
Cause
Local Banks
Cause Details
Suspension amid the broader Philadelphia banking crisis (multiple banks suspending/payments interrupted); Schuylkill named among suspended/'broken' banks occupying their houses but with business suspended.
Newspaper Excerpt
Out of the eight suspended banks here, six of them occupy costly ... Schuylkill Bank ... The following list of Banks still occupy their banking houses in this city, but their business is suspended ... Schuylkill Bank, corner Sixth and Market
Source
newspapers

Newspaper Articles (7)

Article from Richmond Enquirer, March 22, 1842

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RESUMPTION the 10th inst. entere states, The New the previous Orleans day, Bulletin "Proceedings Banks of by the Attorney-Ge were that against on ten of the recusant charters declared forfeited, of them, and viz the neral, to have liquidation. their Against three Atchafalaya, writs their into the Exchange, and virtue the of which the and are issued, and the books, property The Im 28. Banks are to the Board of are in a handed and over the Merchants' institutions, being sequestration sets provement the Orleans, closed, of the sequestrated by Banks Currency after having condition doorset as helpless as that the Bank Law, unable to and work thereby under compelled are to summarily go into cepted, Thus five of the corporations Proceedings similar are disposed of liquidation standing predica- pending and put five out others, of the to force way. them will leave into a nothing clemency but ment, the which, six Banks if and that whether have any of them will be the storm says, against to the weather Legislature, successful, is considered accepted problemetical. "that the among able The New Orleans banks in Courier N. Orleans it is calculated The American that that a case has to test the whole says, eight or sixteen nine will weather been the madelfor constitutionality storm.' presentation (of of Louisiana) the to new the Supreme Court, House of Representatives for the liquidation of Banks bank the bill providing The bill allows any various proceeded against by the The law.-"The passed with has been amendments. liquidation. immediately Attorney bill was which general, sent to to to go the the into consideration Senate voluntary and reader of that the will body same. perceive Philade? that which most we of have the Banks of have proceeded following Bankis.-The made from from the Philadelphia papers, faith. Four them specie Banks have, the resumed have run aground-but payments nine in good of Thursday agreeably their night, liabi resolutions and on Friday upon all that specie Ledger of Saturday will now sumed their Public payments pledges Banks says, lities. The to believe these legitimate business is every reason course and continue yesterday a confirms belief, The in a success sound for all of of the This them experiment course instantly has met in a the measure gain demands in re-estab strength made against confidence them. in them, which will by which the pub lished hour. The most effectual in way specie payments is every lic can business now sustain altogether the banks discountenancing with specie or specie-paying the use and notes, doing and discarding and of the surrounding States, the irredeemable notes for redemption or sale. Mechan them home 'runs' upon the Farmers' which and they ics' and former paid out some and a considerate sustained-the driving "There Northern were Liberties' in specie Banks, $25,000 in $7,000.00 specie, firmly and received $18,000, funds; the latter paid some The Philadel amount $8,000 more than out it received $10,000, in and received The $7,000 phia Bank $5,000 in New York were the specie, and of paid specie Banks specie. Funds. gainets North more and Commercial upwards of $50,000 than North American says the eight resuming was paid out by the Pennsylvanian, of specie American The was received them." by March 18.) Banks indu. BANKS.- (From Yesterday was of a restless day anxiety great ment in uncertainty this relative become to the almost pursued ced by was the banks, not a little increased by had a given ble, and it the Penn Township Bank they the "THE fact by that city. The present had feeling circumstances course institution that knowledge uncontrolla would deem formal We that 'under close the doors of the crowd of it advisable that to in the morning quite It a had understand of this bank. run. as notice vicinity increasing previo people it experienced thronged some time the a considerable past supplied and a being material in many share hands of the mestic for circulation, however, that its not notes long since amount its directors of $200,000, gave security is which If said, this is be to supposed really the other the to banks case, exceed the to notes the her present ought Mechanics not circulation to depre- Bank ciate. "This, however, its doors was yesterday, not all. after The of etanding course because pharp also closed The panic rumored the y still run until greater about when noon. this the circumstance run upon several was The of Moy through the town, proportionably and increased. numbers, other banks Bank was was called upon demands by great made upon after f mensing it promptly met the informed, until hour after e s as remaining before, the open, afternoon, as we and are a quarter The of Manufacturers an share s o'clock requisition in was made also upon had it. a considerable and likewise any and Mechanics attention, Bank but sustained hour after itself the well, usual time y is indeed a melancholy of state mischief, of the U. h popular remained closing. "This open of for that an mother banks have things. been Since how com S the explosion four other Philadelphin there being in trust, fact six e k pelled Bank, to close include their the doors, Schuylkill hand. Bank. The We Philadelphia yester. , that a better day America Bank paid their own g , ever, all, Bank if and we their the North liabilities is and at likewise issued and specie the Com. all Mechanics', course. t le notes. day on The understand, Farmers' and also pursued that should the same be follow and for it is ed, the public. mercial, This looks we well-this the only course is a lead calculated to was satisfy in type e e e tranquilize "Resumption at Last!-Since the subjoined the proceedings above which it will of of the be e received from and the ff e seen city we Bank and have that meeting county with resumption, but held have two last resolved commencing exceptions, night, upon result, all to-day. an the which immediate Banks We puls con- an bona gratulate fule the public anxiety upon heretofore this existing. meeting of delee end Bank to the Meeting.- fearful of an the adjourned city and county house last of Phils. ever t? gates from the Banks Philadelphia Banking following Banks delphia, ning, Mr. at Dundas the in The the chair, Philadelphia, the Commercial


Article from Richmond Enquirer, March 22, 1842

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e to close The Manufacturers' and Mechanics out against a terrific run. not open The Philadelphia d wnship somehow did The Gazette Penn of sterday afternoon stated semi-officially(sevenat will on Monday next do basis, issue their own paper, settle with in coln. Several have redeemed their notes with The Banks, least, each specie business other for Bankswirl unite." act true Ameeting this evening will decide if more of the From:N Philadelphia North American.) The public may rest assured that the banks to resume and maintain specie will not be another zards pared There suspension. payments will at the all be thic want payment for all claims against the en to they will be paid as the the last dollar required banks. If un. resumption law. The interest of the greatly promoted by not made upon the banks: for in ands however, being be unnecessary the public same de. portion as the public evince confidence in the to extend assistance and y will portion be able of relief banks, to the siness the city. This is much needed banks will most those of Philadelphia. The "The other example Pittsburg of of undoubtedly banks follow now. in parts the State, whether be compelled to do the same, or 1. will accepting become banks or The notes of all banks that do not cease to pass as currency, and will be sold at value, whatever it may be. dited. kers placed their the They resume to will dis. the on same footing as merchandise currencies of unequal value There cannot be a rket. culate ich will together. Two question can in never now, the be continued and which banished from cir. purious ation by the people. They will no longer tolerate currency We learn that a convention of banks that relief law has been called to meet at Lancaster, accepted for purpose of agreeing to rest upon their a determination will their will find public opinion far tial rant. law. than They Such law. prove rights more under death po. That will be against them. All the ks which do not now resume will be forced into li. ness. dation. They will not be able to exist and do any (From the Spirit of the Times, Saturday.) 'The following IS a list of the Banks of our city re lately. They all still king but are doing no business, and be down 'suspended houses. occupy may their that in the category as "essentially used up by it victims. They are the Bank, $35,000,000 1,000,000 Schuy!kill Bank, 5,000,000 Girard Bank, 2,300,000 Pennsylvania Bank, 500,000 Penn Township Bank, 1,400,000 Mechanics' Bank, 600,000 Manufacturers' and Mechanics Bank, 250,000 Moyamensing Bank, Total amount of capital, The total number of our banks therefore which $46,250,000 led within a few months, and four of them within have fee days is eight, and a combination of their capitals, kes the saug sum of FORTY-SIX MILLIONS TWO HUN ED AND FIFTY THOUSAND DOLLARS. The Tarif} -There can be no mistake about it. merican System Whigs go for Distribution, because The ev consider it as equivalent to an Tariff's is the cuckoo note Tariff IS the greatiro they have now Agitate the Tariff, is the advice of Mr. Ilan riff. anvil Whigs Tariff augmentation sounded of upon the by letter. which he has Whigs of Connecticut. essed Landthusa his Lithograph the Agitate privately the Trum- Ta. ad. the Whigs in the State The Washington also lets the cat out of the athandin April. describes Y American Correspondent of Election, bag.- which the consultation which the on inst., and their determination ( the the 14th Whig members to lay bill, and go on with the amendment, the rate of interest to the ie, de ual with and enlarging Mr Appropriation Fillmore's "extending present Loan the price of money and the actual credit of They are waking up to a the crisis and the : nal exigency Government. of sense the Na. of in then. Keep moving, and fire (all,aye, all) "is which untry in, , ill all in involves demands. accomplished responsibilities awayat the What is the use now of bills to priute will money which is not in the Treeasury, and ap. h not be there till loans have put it there : Tariff to meet the loan must follow A it may.' ies, we will resist resources of the Federal d timate sales, who Government, per until force.- the its are poured back into its be no increase of the duties until that is re then Treasury. done- Let not a cent put on, except what may be y necessary for the wants of a Government essen- most nomically administered. e At the commencement of the Richmond Medical held in the College building, on Monday, the Col. 7th March, red the degree of Doctor of Medicine was con. on the following gentlemen Hanover. AT 11. TYLER Richmond, ARTER JOHNSON HAPMAN J. 31. B. REID THE H. TYLER King William. Albemarle. C. MAURIN Nelson. IN HARDING Boxz Norfolk. M. PRITCHARD Richmond. HN CURRY Gloster. Chesterfield HALL R. WESTER Dinwiddie. HN 1. EDWARDS Essex. 1. FORANK Turm The 65. number of Students amounted at Kentucky. the late 7th day Commencement day was held on sesGraduates of March. The Diplomas were delivered Monday, to by President Maxwell of Hampden after which, an address was by the same, which was followed aduates tory College. from delivered by to Sid. the Professor Warner, and the day closed supper given to the Students at plendid change Hotel, night avale. at with the by the Faculty. ites The on N Y. Correspondent of the Philadelphia Gazette ich have the 16th, that "a part of the Treasury so shamefully dishonored by the been redeemed by Mr. Morris Mr. K at the urgent mment, cretary Wall street of have been request Ketchum of notes the go. es were the Treasury, accepted $100,000. These tured for negotiated by him, and are now coming in dit, he payment; but with a spirit that does him : and be feels Number: that his honor requires they should be


Article from Sunbury American and Shamokin Journal, March 26, 1842

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Broken Banks in Philadelphia. The following list of Banks still occupy their banking houses in this city, but their business is suspended, and their capital may be considered out of market. We annex their locations with the capital of each institution : U. S. Bank, located in Chesnut street $35,000,000 above Fourth, capital Schuylkill Bank, corner Sixth and Market, 1,000,000 Girard Bank, Third below Chesnut, 5,000,000 Pennsylvania Bank, Second below Chesnut, 2,500,000 500,000 Penn Township Bank, Sixth & Viee, Mechanics' Bts, Third above Chesnut, 1,400,000 Manufacturers' and Mechanics' Bank, 600.000 Third and Vlne, 250,000 Moyamensing Bk, Second & Chesnut, $46,250,000 Total amount of capital,


Article from Richmond Enquirer, April 1, 1842

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be summoned, and that the specific object for which they shall be convened shall be stated in the summons, and, that no contract, levy, or appropriation shall be made, unless by the concurrence of at least one fourth of all the acting magistrates of the county, if less than a majority be present. The act further provides, that no person appointed a commissioner to let the opening or repairs of a road, or the building or repairs of any bridge or causeway in the Commonwealth, shali become the undertaker for such work, either directly or in-directly. 92. An act concerning Sally Moffett of Rockingham county; authorizes a jury to be impannelled to ascertain the fact of the desertion of her by her husband, and his absence for seven years, and if the facts be proved, then permits her to marry again. 93. An act to revise and amend the charter of the city of Richmond. 94. Au act authorizing James M'Dowell to establish a ferry or bridge across James river; at the point opposite the Fincastle and Jackson free road in the county of Botetourt. 95. An act to incorporate the Soda Springs Company in the county of Hardy; with a capital not less than fifty thousand, nor more than one hundred and fifty thousand, dollars, and the right to hold two thousand acres of land, the company to be subject to the provisions of the general law regulating manufacturing and mining companies. 96. An act authorizing the cession of certain lands therein mentioned to the United States; cedes the land upon which Fort Nelson was erected; and ten acres of land lying on Hog Island, in the county of Northampton. 97. An act concerning sales of certain property under writs of venditioni exponas; provides that the provisions of the first section of the act to amend and continue in force an act to amend and reduce into one the several acts concerning executions, and for the relief of insolvent debtors, passed February 23d, 1822, shall not be dispensed with in regard to sales of slaves, mules, work oxen or horses under such writs, unless the creditor, his agent or attorney, as well as the debtor, give authority in writing to that effect. 98. An act to extend the provisions of the act entitled an act allowing a reward for killing grey foxes in the county of Prince William, to the counties of Pat-rick and Lewis. 99. An act fixing the allowance to jailors for the support of prisoners, and limiting the fees for commitment and release, and concerning sheriffs, clerks and other officers; provides that the Inferior and Superior Courts shall make such allowance to jailors for prisoners, with whose support the commonwealth is by law chargeable, not exceeding thirty cents per diem for each prisoner. Prohibits any allowance for more than one commitinent and one release of the same person for the same cause or offence, and disallows more than one fee for summoning justices to call courts and attending the court for more than one criminal on the same day, whether charged with the same or different offences. Prohibits the clerks of the county courts charging more than one fee for attending called courts, though the criminal be exainined for different offences, and provides that whether the court be held or not, no fee shall be charged for an adjourned court in the same case. Allows compensation to sheriff's or other officers for one guard only in conveying convicts to the penitentiary, unless the court shall direct a greater number. 100. An act to incorporate the North Mountain company, for the manufacture of iron in the counties of Hardy and Shenandoah; with a capital not less than ten thousand nor more than one hundred thousand dollars, subject to the provisions of the general law concerning manufacturing companies. 101. An act concerning John Throckmorton and others; releases said Throckmorton, John Fuqua, John Phelps, Philip D. Christian and Samuel Irby from the fines imposed on them for playing at the game of marbles. 102. An act amending the act passed 3d March, 1835, entitled an act to provide for the opening and repair of the public roads in this Commonwealth. 103. An act amending the act establishing the county of Wayne, and for other purposes. 104. An act concerning Wilson M. Carter; releases to him two fines. 105. An act authorizing the appointment of a superintendent for the Jackson River turnpike. 106. An act to amend the act passed January 5th, 1841, entitled, an act to amend the act, entitled an act, declaring Simpson's creek a public highway; gives William M'Entire the further time of one year to construct his dam and slope; and makes it the duty of the proprietor or proprietors of any mill-dam erected across the said creek to keep the said danıs and the slopes therein in constant repair at their own proper cost and charges. 107. An act to amend the act passed 7th February, 1317, entitled, an act prescribing certain general regulations for the incorporation of turnpike companies, and for other purposes; requires a notice of at least fifteen days to be given to the person entrusted with the care and repair of the road, or to the president, or some one of the directors of the company, of the meeting of freeholders summoned to examine the places in said roads complained of; requires the magistrate to state in his report of the examination of the road, whether the places out of repair be in more than one section thereof, and suspends the tolls on the section so found out of repair. The act not to apply to roads wholly owned by the State. 108. An act amending the laws in relation to the duties of clerks of courts, and for other purposes; makes it the duty of the clerks of the several courts in the State to forward by mail to the proper officer, all process awarded against any person presented or indicted in the county or corporation to which the same may be directed, and to pay the postage thereon, the amount to be paid out of the public Treasury upon being certified to by the courts. Authorizes the clerks of the Circuit Courts to enforce the collection of the amount of postage paid by them, against the persons properly charge-able therewith, with the per centum allowed thereon, in the same manner that they are now authorized to collect their fees. 109. An act to establish an inspection of tobacco in the county of Kanawha; at, or near the mouth of Coal-river, under the like regulations as are prescribed by law for other inspections. 110. An act concerning licences to retail ardent spirit in certain towns within this Commonwealth; provides, that all persons, in incorporated towns, in which there are no Corporation Courts, who desire to obtain a licence to sell, by retail, ardent spirits, not tolbe drank where sold, shall, as a prerequisite, comply with the requisitions of the first section of the act relative to the manner of granting such licences, passed February 27th, 1832, and declares, that no licence to sell goods, wares, &c., shall be construed to authorize the party obtaining it to sell, by retail, ardent spirits, unless said section has been complied with. (To be continued.) ### PHILADELPHIA Philadelphia, March 24.-The Marble Banks in this city have generally been very unfortunate institutions Out of the eight suspended banks here, six of them occupy costly and elegant marble edifices, constituting some of the best specimens of architecture in the city. The Schuylkill and Moyamensing are the exceptions. the latter bank, we notice to-day, still has its windows "bowed." We do not understand whether it is the public, the stockholders, or the officers of the bank, who are most deeply interested in this mourning. The Relief Notes, which constitute a large proportion of the currency of the city, continue wretchedly de-


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

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MONEY MARKET. Sales at the Stock Exchange, Aug. 23. 25 Del & Had 86¥ 100 Long Island R Cob8d 51 25 do 36 250 do $60d 503 50 do cash 861 50 do bSd 51 25 Farmers' Loan s10d 162 100 do 60d 51 16 do 100 cash 17 do bood 51 I 10 Harlem 14A 50 de b10d 50% 50 do $3d 143 50 de $25d.50 350 do t cash 143 50 Manhattan Gas cash 604 100 do 83d 14 5 Canton Co f 19 SECOND BOARD. 10 Del & Hud 861 200 do s3d 14 25 Harlem 14 Commercial and Money Matters. TUESDAY P.M. The sales to-day, which were not extensive, were almost exclusively of Marlem and Long Island, the latter all on time. Harlem is rather creeping up. It improved 1 per cent to-day. Long Island was without change. Delaware and Mudson declined 1/2 per cent. Farmers' Loan improved 1. For Mohawk 37 offered,371asked. Ohio Trust 56 off. 62 asked. The sales of State stocks were confined to fancies at firm rates. For New-York Sevens, 1849, 100 offered, 101 asked Sixes, 1862, 391, 29}; 515, 1861, 85 asked; s, 1845, 911, 921846, 99 offered-1847, 89 offered-1851, 81 offered-1358, 21 offered, as asked-1861, 30 asked: Ohio Sixes, 1850, 71, 721860, 74; Kentucky Sixes, 76, 77-5s, 60; City Sevens,183 1004, 101-5s. 1870, 81, asked. The transactions were as follows: $1,000 Illinois Bonds cash 18 $2,000 Ind 5s, 23 do 10,000 173 560 21 $1,000 do do $5,000 b60. 18 In Foreign exchanges there is nothing worthy of notice doing. Sterling 61 7-Francs 5.35. No change in Inland bills. Very little Mobile offering. There is some little inquiry for Spanish Doilars for the East Indles, and they are rather scarce. he Calhoun from Charleston brings about $30,000. We quote 16.00 a 16 25 American Gold, old 6 prem Doubloons Spanish Dollars 3ja 4 Do Patriot.15 a 15 70 Carolus do Sa 6 par 4 84 a 4 86 Sovereigns Mexican do 4 83 485 Light do 5a505 Five Franc pieces .93 a 34 cts Heavy Guineas A heavy sovereign weighs 5 dwt 24 gr. Bicknell's (Philad.) Reporter SAYS: No improvement in the finances of this State. State Fives have been selling for 35 and 36-quite as much as they are worth, when we remember that not a dollar of the August interest has yet been paid. A hope still exists in the minds of many capitalists, that something will eventually be done. Serious apprehensions are expressed in some quarters as to the prospect for the winter. Affairs are bad enough in all conscience; but it is not worth while making them worse they are. Our crops were never more abundant, the debts of private individuals were never smaller in the aggregate, the banks discount good business paper readly, and have immeuse sums on deposite. These are favorable signs, and could we only 2el any thing like proper legislation at Washington, the prospect would speedily brighten. Nothing new as relates to the banks of Philadelphia. The suspended institutions are the U. States Bank the Schuylkili the Girard, the Bank of Pennsylvania, the Mechanics' and Manufacturers,' the Moyamensing and the Bank of Penn Township. The rates at the close of the week were as follows: Money- fair paper out of doors, 7 to 7 per cent. USB notes 56 a 57, Girard notes 46 a 47, Pennsylvania as, Rc. lief notes 9 a 17A, Penn Township notes 12 a 14, Manuf. and Mech. notes 14 a 17, Moyamensing notes 12. Specie-par Treasury notes. 6 per cent interest, of late issue, discount The Inquirer says that no issues have yet been made the certificates of six per cent stock to the holders of State debt for the amount of interest due and unpaid. The checks of the Bank of Illinois drawn upon the Farm ers' and Mechanies Bank, Philadelphia, are protested for non-paysient, anjattachment having been laid upon all its assets in the Bank. The St. Louis New Era complains of the hard times. It says: Each successive week has a direct tendency to tight the money market, and it is now almost impossibie to effect transactions of any magnitude. We have no longer any rcpresentative of trade: specie is not to be had-notes of the Bank of Missouri are charity issued, or it put out are withheld from general circulation-and in all out door transac. tions City and County money alone is used, and unfortunately enough of this is not to be found. At Augusta, Ga. checks on New-York continue plentiful at 1 per cent premium. Central money remains stationery at 28 per cent discount. The quantity offering is quite limited. State Six per cent Bonds remain without change. Markets. ASHES-00 Pots the sales have been 150 barrels at 5 62} There is a good demand. Pearls are held firmly, which prevents transactions. A few sales are made at 5 94. COTTON-The sales are about 400 bales at previous prices. FLOUR-The market is quite heavy to-day, and the rates 12} lower than yesterday. About 2500 barreis Genesee sold 512}, and 3 to 400 new Ohio at 5 00. Some of the Genesee was of it superior brand. About 200 barrels Troy from new Wheat sold at 03. A parcel of new Michigan brought 5061. There is more inquiry for Southern-S to 400 barrels Georgetown sold 5 S7t. It is offered at 5 25, to arrive.About 2500 barrels Richmond City Flour "Haxall" and 'Gallego," recently arrived. was sold previously to arrival, at $6 50 for shipment. Further sales Jersey Meal were made at 3 00. GRAIN-Sales 2300 bushels Illinois Wheat at 103c a 105c, part for milling and part for British Provinces. 500 bushels prime new Ohio 106c; 1500 do Virgina at something under 90c. For a parcel of prime seed Genesee 125c was offered and refused. Corn is heavy. Sales 1000 bushels of Jersey Yellow at 60; 2000 Ohio Canal at 55c weight; 500 do North River at 58c. Rye is held at 60c, dull. Oats-sales 30 a Slc Canal, 29 a 30 River.


Article from New-York Daily Tribune, April 19, 1843

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Public Stock Exchange, Aprilis. 86 3,000 Ky 6's S6 $5,000 U. S. 6's '62 s6m 1102 2,000 do do N. Y. 6'6'62 87 3,000 do de do do nw 87 2,000 1,000 $30d <30d 1032 103# 69 1,000 do de 1,000 Ohio 6's, '60 87 saw 2,000 do do. 6,000 do do suw 69 3,000 do do Monday 87 5,000 do do $15d 68; 3,000 do do tw 87 1,000 do do $15d 68 1,000 do do 87 4,000 do do s14d 68 1,000 do do tw 87 1,000 do do cash 08 .tw 68 5,000 do do s10d S6 1,000 do do 158.68 25 do Me'ics Bk As. 76 1,000 do do 47 150 do L. R SECOND BOARD. '60 15d 68 $1,000 U. S. 6's, 62. 111 $1,000 Ohio 6s, $60 110 5,000 do s3d 69 1.000 do do baw 69 4,000 N.Y.6s,62.910 103 1,000 do do 18 $30.87 25 shares Harlem R 1,000 Kv 6's 142 25 Farmers' Loan $15.87 1,000 do do S7 9,000 do do Commercial and Money Matters. TUESDAY, M. There was a fair business done at the Board to-day at State full prices. Ohio is very firm. Kentucky improved 1. 76 went up the Exchanges are in very limited supply, and rates Foreign firm. Sterling 6a61; Francs 5.42} a 5.40. We are below the Circular of Mr. James G. King, call- Exgive meeting of those interested in the Merchants' involving a property. This is a highly important matter, will no change two millions of property and AS the affairs advisable doubt ing undergo a legal investigation, it would be of for all the stock and bond-holders to watch the operations inthe Trustee closely. We therefore advise all who are It is terested to attend the meeting called in this Circular. highly important that the affairs of the Company should be of into proper hands, and not be left to the management to put few, whose interest in the Company may be secondary that elsewhere. It will be noticed that the meeting is called to-day. CIRCULAR. NEW-YORK, April 13, 1813. Sir: Under a mortgage given to me by the Merchants' Exchange Company, to secure the payment of certain bonds I issued by them, and upon which the interest is in arrears, have, upon my demand, been put in possession of the properby of the said Company, in order to protect the rights of the holders of the said bonds ; and I desire, in the management of so large 3 concern, to have the benefit of an Advisory by the parties in interest see fit. I you. as holder of Committee, thererore appointed request said securities, No. if they 89 Mer- to attend a meeting to be held for that purpose at chants' Exchange, (in the third story of said building cornot of William-street and Exchange Place,) on Wednesday 19th just., at 12 o'clock, M. Refpectfully yours, JAMES G. KING. (Signed) Comptreller Flag will make, it is supposed a dividend of cents per dollar on the notes of the Commercial Bank. Buffalo, payable in May. Letters from New-Orleans state that specie continues to flow in freely, and the effect is felt in the produce market.Cotton is 1 to le above the lowest point of the season, and holders were never known to be so firm. Nearly all the stock is fair and below. Good fair is quick at 83c. Nearly all the Cotton reported on hand is sold. A broker in Philadelphia writes that he has advices from one of the pursuers of Shipman, which induce him to believe that Jacob is by this time in his clotches. Samuel E. Foote, Esq. has been appointed Secretary of of the Ohio Life Insurance and Trust Company, in place Samuel R. Miller, resigned in consequence of ill health. Messrs. Oakley and Rvan, Illinois Commissioners to negotiate the loan authorized by the last Legislature, have left for the East. A sale of stocks and loaas of various kinds, amounting at their par value to $976,422, is to take place in Philadelphia this week. They are a part of the assignment made May 1. 1841, to secure the $5,000,000 of post notes which the other Basks of Philadelphia took in exchange for the circulating it notes of the United States Bank which they held when exploded. The Cincinnati Gazette of the 13th says Our Banks are doing nothing but receiving and paying deposits and renewlag notes-the sluggish remainder of their discount lines.The circulation is made up of Indiana notes, and those of a few of the more distant of the Ohio Banks. Exchange on the East is scarce. Bicknell's Philadelphia Reporter says: Money continues abandant at low rates. Good paper may be negotiated at 5 and 6 cent. per annum. The Bank of Pennsylvania renamed specie payments yesterday for all its liabilities The only Philadelphia Banks now in suspension are the Movamensing Bank, Schuylkill Bank-which, however, paid its notes and depositors-Girard Bank. and Bank of the United States. At one time the notes of the Bank of Pennsylvania seld at a depreciation 33 great as 35 a 40 per cent. The Moyamensing Bank notes are now at 12 to 2 per cent. disconat. The Bank of the United States notes at 46 a 47 discount. Country Bank paper is not quite so good in Phila. d-lphia, owing, it is probable, to a greater abutdance than usual being in market. The notes of several of the interior in Banks of Pennsylvania have. within a few days. declined value. Chambersburg, York, Gettysburg and Carlisle 31 a 34 discount, Harrisburg and Northumberland 1 a 11 Lawcaster County Bank 11 a 17.


Article from Southport Telegraph, June 6, 1843

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The amount of toll received at the Collector's office in this city during the week ending on Saturday, the 22nd inst. was $13,507.88. The whole amount received at the office in this city, from the opening of navigation down to the 22d of May, this year landlast, is as follows: 1842 $49,779 59 47,636 55 1843 The canal opened in 1842, on the 20th of April. This year on the first day of May. The amount of merchandize shipped from this city on the canal, from the opening of navigation this year and last, is 1842 20,168,355 ! 1843 18,448,143 The whole amount of clearances from the Albany Office since the canal opened, IS 849. The flour and wheat which arrived at tide water this year and last, is Wheat. Flour. 1842 11,303 bush. 117,777 brls. 1843 10,310 88,543 " [Alb. Argus. CIGAR SMOKING LONDON.-The London Times adds the following comment, to a reproof from a correspodent.of the practice of smoking,as it prevails in steamboats and at places of public recreation in the vicinity of London:The nuisance, requires abatément. Not only on boardsteamboats but at every lace to which the public "resort to obtain fresh air, some shopboy is found, (no gentleman ever is.) to pollute the atmosphere round him with his cheap cigar, and to disgust every one within his reach with the stench he emits, as offensive to his own stomach as to all that are forced to "wind" him or his nastiness. If men must indulge in such a vice let them do it in secret,and not deprive their betters of the pure air they are unable to estimate. WHYS AND WHENS.-Why is a pig in a parlor like a house on fire? Because the sooner it's put out the better. When is a lady like a trout? When she takes a fly that brings her to the bank. Why is the sun like a good loaf? Because it's light when it rises. Why is a bird like a greedy creature? Because it never eats less than a peck. Why is a temperance medal like anjumbrella? Because it keeps you dry. When is a fowl's neck like a bell? When it' rung for dinner. Why is n't a boy like a pretty bonnet? Because one becomes a woman, the other do n't. Why is killing bees like a confession? [Punch. Because you unbuzz'em. Missouri Farmers.--The Farmers of Johnson County Missouri, have formed themselves into an Association, the object of which is to export their surplus Produce to some foreign market, and through their Agent, to convert the same into gold and silver or its equivalents, that will provide our citizens with sound circulating medium to pay their debts. They propose to raise as much hemp and tobacco as their circumstances will permit, and to deliver at the company warehouse on the Missouri river, where the agents chosen may direct.A committee of twelve was ordered to be appointed take charge of the enterprize, to obtain information, make selection of warehouses, &c. SWIMMING FOR LIBERTY.-On Wednesday afternoon Mr. S. W. Griswold.of Middletown, Ct., arrived in New York, from Baltimore, with a man named William Benjamin, of the former place, whom he had in custedy by requisition on a charge of adultery. He remained over night,and left westerdaymorning in company with his prisoner for New Haven, on board of the steamboat Champion. The prisoner was allowed his liberty on board the boat, and as she was about entering Hurl Gate, the prisoner was missed by his keeper, who gave through search, but without success; and he finally learned from a passenger, who had been near the stern of the boat, that he had seen a man swimming to the Long Island shore, while the boat was clearing the upper end of Blockwell's Island, COTTON MANUFACTURES IN MEXICO.There are in the Republic of Mexico, 53 cotton manufactories, with an aggregate of 135,000 spindles. They work up daily, on an average. 48,622 lbs of cotton, and produce 43,760 lbs of thread, which, when woveninto cloth, &c. is worth $48,037.These facts we derive from printed statement by the Director General of Mexican Industry, dated city of Mexico, March 28, 1813.- Buff. Cour. >The St Louis Theatre was soldlast week uuder a deed of trust, to secure the payment of a note of $20,000, and was kicked off to George Collier, Esq. for the sum of $5,000. It is proposed to turn it into a church. BANKS OF PHILADELPHIA.-Sixteen banks are at present in operation in Philadelphia, and three shut up, which are the United States, the Girard and the Schuylkill.There has been a rumor that United States would be revived. This would beonly as a matter of speculation by some money chiffoniers, and with the hope of picking a little of something from its putrid remains. [[Idem. The New Hampshire Sentinel, a res-