Every body was anxious to get the first
news from the street, and to get it as full and reliable as possible. At
this time, too, our relations with France were exceedingly critical--a
circumstance which served to increase the trouble in financial matters.
Appreciating the anxiety which was generally felt on this subject, Mr.
Bennett resolved to create a demand for "The Herald" among the business
men of the country. On the 13th of June, 1835, just five weeks after the
establishment of the paper, he printed his first money article--the
first that ever appeared in an American newspaper. It was as follows:
COMMERCIAL.
Stocks yesterday maintained their prices during the session of the
Board, several going up. Utica went up 2 per cent.; the others
stationary. Large quantities were sold. After the Board adjourned
and the news from France was talked over, the fancy stocks
generally went down 1 to 1-1/2 per cent.; the other stocks quite
firm. A rally was made by the bulls in the evening under the trees,
but it did not succeed. There will be a great fight in the Board
to-day.
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