The herald., 1837-03-24

Wall Street, Friday, March "A.
The healthy hsucan, in and among the elements
goes bravey Nothing stop the revouon winch inc
specuaors and the have forced upor the coany
Yesterday stocks slightly falling and many of the unsaea
BILE Perfectly right Stocks yet too lar peyoha Ae"
yaue-oo great n imposition on the public.
In foreign exchange there panic solo, iof al pnces
from 10 t. III and il2 fixed and certain price 1t
adyansng rapidly The failures OF the great exchange houses
in Orleans and New York have destroyed al blow large
source OF suppy therefore greater demand f ex
changes in m. market there supply. The par Of
change os whea reaches oi is the cheap
est way IN specie The baaks short Of specie
prbby they three millions, Of that stock they
may be called for large today the be
detained Of the weather In domestic bills there
il little doing The exchange between Yek and
south west entirely broken Thcbanks nor individuals,
do nothing
Money 10 per month The slight
Lafayette bank consues thsy gain time by pay
French gold The Lafayette bank safe cnoughas safe
other bank government bank-has slice OF the
surplus and member Of the Safety Fund There danger
there.
The New York experienced
slight decline western brands remain firm last
The market continues dull $50 packages Of China silks re-
ceved per ship from Canton, sold yesterday by
Messrs John Haggery their sales The ale
very full, attended and the goods sold low lots
passed Of the low goods brought
sale Of foreign and domestic dry goods by Messr Austin Co
aounzto $50 well attended considering the numeI
asembage at the China saesood at frpces ow
ing the connu Of the all ohr sales are post
poned to another day and business in general.
The cotton market active Prices have receded within The
twelve days "a ceats pound andeven at this de
cline has bee little dne Over 10 i5A cents not
a present be ota good fair New Ors AMI Mob.
isdown for nary and middng Even these rates
are not wa anicl by advces from Liverpool lot
bales fair having seen sold there on the l7h u sd
WHICH the of freight and exchange would
alb 3& The fall in Gotten since s January estimated
NJ reduction the whole ofieen tons-a pretty aw
ful item n foreign trade
failures still aEtiaue II need in the morning
that Coheas, Baltimore banking
house the Josephs here. The New Orleans
had also broke with the Phillips of Philadelphia On tracing the
could not find that rested any autheiiy We do
not believe her Store, that the C,hens failed
from Baltimore large clothing hoase
having failed This supposed been
by with the Josephs They had disposed large
Quantity Of soahern paper exchange paper
sephs OF the failure Of the latter carried the for
er Several other failures have also taken
expected.
These events sautary mast Aem The
revolution and through idle the
Wall prints de- to tempt to throw the whole blame
the late administration General Jackson is gsty
Nicholas Bide. The first that made
ruined the country breeche
pocke woa security sufficient nds
breeches pocket" The Bank applied
for renewal OF rs charter aud orender ou made
excessive all country This was the first impulse
oyeftradny received About the compromise
called passed by which
the country that be touched for years
short blame for consequence Of
the ncreased-the surplus become
and ts use voracy the stock
in York and Philadelphia The kobbers with
Bank enjoyed all the ssus and be-
gan their land aud lot peculaons and Ths removal
of the depos,es took place. which merely changed the cur
OF sceeulationbut did its growth Several
spectators Wall street by that thrown their
tho general MANIA loot By states
Bank and the government sonjontly and seveay still
and new specuaors came into the field.
the increased The squares up were
buisreat profits made lots al
in the soucotton culture increased the madness
made fuhe and continued July
when had reachod height events
prices fevey thing nceas sed-of lands
article ofneccssy and In July 1896 the Treasury order
year before and
which vas attempted prevent the madness foot the
Compromise laws and the action Of the the
Caed states Bank Since that time the country has
csnsaat fsvera 'aens fshiis seecuatng buying selling
and ras,ng prices like madmen.
Al last the crisis has Failure and disaster
but failure and disassr ony remedy The
ca and .uatve people have sued
these high and visionary Suck prices eceang
aad ocourse the issued them yaluecss worth
only 500 has been divided lots labelled
and $4,000 and sometimes 5000 rhe food of aucs
ing blessing from Heaven Nothing is ost-no pro-
desoyed-ths crisis does like consume pro
SIMPLY restores the harmonious and steady Of the
great machine. We have the prepare
let "a epare.
BY the Express ofas evening have New Or
leans tina Mobile the i6thand chareston
Tec ttoa market somewhat variable rather They
know what coming Ia money affairs tasy tight
Fore gn exchange ng-ow foIisg-cotton falling
every thing Is falling
The Virginia House Of Delegates has their
fol G0e millions Where al the capital come fromr
Prices Of stocks nj the New York Exchange, March a.
L. :. Bank, it7 i6s, lel Illinois Bask, 80,
Bank, Co
bet & Hui 77!, Howard ns. Co los
Commercial Bank, % M-hawk X. r., 7sl, %
Mccha0ts Ev. Bk lis Har X. P,6Iok
Morris Canal Co - Bos n Prov. X. X. %, "a,
n. " T.. and t. Co. i53 Dos. A. Wor *. X sOa,
Farmers Trust Co, i02 ~, "a, N. J. r. X. ~ r. Co,
Am Trust Co. Bait, s7A Utica X H., ma ei 6ii 49, i5
q Life A Trust Co iio Long Island X. H., SO
Pnees of Stocks al Philadelphia, March
a. - Bank il7A Schuylkill Bank
Del q Had 60 77A T. 81 "a 5, vcksburg Bank 6 s7
Gra'. rans, 5sA, sol 67i, 81
Kentucky Ba&k, ss, %, So
NEW YORK HERALD.-SHIP Nr.ws.
PORT r NEW YORK. MARCH u. 1897
Hgh WUv 1910
LATEST DATES.
Ec1 Tonir EYl E,ntu IA.