Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1834-02-20
THE MONEY MARKET IN NEW YORK.

II Correspondent from .Netc York, Feb 49, sans:
Ihe Opposition will make great cry as they have al.
ready done the panic question: but il will las hereto
ore) be all IN van The cry the scarcity of money
mas almost become stale; il may last few days longer
ogs nave already begun TO the aspect of spring;
we are Frightening up; the merchants are co.
ing in' and bring more money than usual and all our
INTERIOR" ~ " Wv
In addition to this extract, we are pleased to see
from various papers of New York, of Saturday eve
ming, that things begin 10 look up. more cheer
ing spirit has succeeded The following are ex-
tracts from two of the Opposition land Bank) pnDers
(From the Ne,o York Courier and Enquirer.
IHE MONEY MARKEr.-Me are happy TO announces
that since the appointment of TIE Committee of Public
Safety, known the "Union Committee ;" The panic I'm,
der WHICH the city Iabored, has been in great measure
a!layed We DO not mean TO say that money is more
plenty; but by common consent the pur lie arp have
determined TO wait the actiot of the Committee in the
hope that their fors win not be unavA:ng Let us re
mind that Conmi tee that the only mode Of PreseI wing
tie confidence now reposed ia them h by prompt
ton and an early and frank report oil what expect
ed from their labonrs II the City Bank, have agreed to
def' all will 20 well in despite OF the Admin srAtion.
(FTom the " York Commercial .dduerfiser.)
iHE MONEY MARKEr.-The last week closed very
goom'Iy IN consequences OF the suspension Of paymen
ny the Mossrs Aliens. The highly honorable course
adopted by those gentlemen Monday, howe that
oil not returning the paper OF the Peaseet merchants
given in exchange Tor their bills. diminished the general
apprehension not little OIL Monday. Affairs were easier
on Tuesday; but the failure another large operator on
wednesday, together with daily failures OF CONNER
cial houses increased the panic to its height The best
merchants The firmness the uDdnmity, and the deter
mined purpose OF the whole mercantile body in regard
THE GREAT QUESTION, displayed on that occasion, has
inspired mutual confidence, and removed much discour
agement-Ihe resumption Of payment OF the Messrs.
Aliens has moreover had great effect tightening the
cloud oil gloom which hung city. The pressure
upon the market has consequently been partially relic
and the countenanres Of men OF business wear more
cheerful aspect in general.
sPEciE-The balance Of trade being in favor ii ON
every quarter specie is arriving in quantities, aud
- on the way. The article is therefore very abundant
and is easily be had by those who have any Thing buy
it with. Several OF The Safety Fund Banks would act
wisely to layin supply.
FOREIGN EICHANGE-The advance OF Cotton both
in England and France and The improvement though but
trifDg, Of American stocks in England, has given
confidence to the holders OF English Exchange. Bills up.
Oh London have been sold par for cash. There has
been grsa demand tor bills Holland aud France.
The latter have sold for 81 81 me 81. IS Tor
cash.
PosTscRIPT.--Thiogs look much brighter, aud more
cheerful III Walstree to-day. Al the Board of the Stock
Exchange, there was greater animation than for many
days past Mr. Nj. Allen resumed his seat at the Board
TO day and the manner OF his reception mus, have been
highly gratifying to his feelings As he entered, the Board
gave three spontaneous cheers which followed by
'ong' continued cldps Of appIause-eyncng the hi gh
respect entertained Tor him at the Board.