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Commercial

Commercial image
Parent Issue
Day
27
Month
June
Year
1842
Copyright
Public Domain
OCR Text

Price qf Whcat n Aun Arbor 94 cent3 per bushel. Price of Flotir, do. $5 per bnrrel, The laífist newg from New Orleans speaks af the crisis in the afíairs of the Banks of that placo as passed. The excilement and uncertninty which nrevailed to such a groif exent was rapidly abating. and we trust will be succeeded by a lasting calm. Out of ten banks hut three have survived the tryinc: ordeal, the Louisinna. the MeHianics' nd Traders' and the Union: all the re3t hnve rdnpsed into suspensión. n suspension which is likely to end only with their "Sxis ence. O the rosuming Banks the Advertiser snys: "We have reason to believe that tliose three banks will prove fully oblo to maintf.in their position. If po, 'he faieofthe remainder is alrcndy sealed " - Philadelphii Ledger. The Stnte Bank of Illinois, it is snid, is depreciating iis notes as nvich as possible. that it may indirectly draw in the grater ainount, and ihr.s sTve the more for the Stockholders. The Tennessee Bnnks are making preparations to resume pppcie pnynipnts, .Tuly 4.

Article

Subjects
Signal of Liberty
Old News