04 Mar 1841
Page 1
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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Courier
Location
London, Middlesex, United Kingdom
Date
Mar 04, 1841
Page
1
The French Finance Department announces the sinking fund purchase of bonds linked to the 1879 Elgian loan. About 187 bonds were bought for 401,000 francs, through Rothschild Brothers Paris, with Brussels officials noting public sale details and compliance with the 1833 loan act.
A historic dispute centers on Dr M Hale and the Achill Mission. The article recounts libel claims against the Mission, defenses from Nangle and others, and a settlement with retractions published in the Monitor. The piece also notes political notices and a murder bill against Alexander M Leod in court records.
Recount of the Bank of the United States suspension to resume specie payments after January 15 with heavy demand for specie and bank runs in Philadelphia New York and Baltimore. Reports from city meetings show banks suspending specie payments including Girard Bank and rising public tension. Updates from Lockport Rochester and Niagara County describe M Leod bail proceedings, public meetings, and legal wrangles surrounding his case.
A report from Philadelphia details a busy money market with U.S. bank notes moving to Boston, Mexican dollars at a premium, and prices for Girard and U.S. Bank shares. It notes a suspension easing, shifts in Delaware and Hudson, and mixed activity across Southern banks and inland exchanges.
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