Rutland herald. [volume] (Rutland, Vt.) 1823-1847, 1837-05-02
FROM n, " Y d. Express, 4ptii s9th.

The mercantile community have been In state Of great
excitement this week and although tho Number Of futures
have been less conhdcace restored Ga the
trary stocks lower than eyerMoncy aad the
banks AZ limited IN their operations ever The Merchants
have aroused themselves and 10 Public meeting adopted
resolutions, and appointed numerous committee
Of frs, merchants TO repair TO Washington 10 present
their grievances and ask redress One Of the greatest
baassmens have with during the week has been
the Of confidence felt in Western Safety Fund banks
AZ period their bills not to be sold at all they are
however taken at ceut. which IS ruinous d's
II is thought they will become and more cur
Great anxiety is felt TO what will be done by the
bank of England The last packet has brought favorable
tegence. Should the rert be favorable would give
prodgous relief and tend wonderfully restore confidence
Tie trade Of our city viii be comparatively small thus sea
Merchants will be content sustain their credit with
out expecting wishing to extend their business
Spring Trade Can hardly be sand to have commenced
this In Consequence Of the pay that
chants have got particularly from Alabama Mississippi and
Louisiana they have wish SELL uness be for cash
city acceptances species Of that on, be had to
very limited extent The e1orh,aut discount on all
Southern and Western drafts such that ordinary profit
will stand II.
Fio,u-The market doll as it possibly can be buy
purchase sparncly only to I'LL immediate orders Prices
wh'erea difficulty sustained stock of Southern very
low. Western is held at rs $40 Y City at all pri
ces from to s. Baltimore city - Georgetown and
Howard street, 10 Rye -four dollars 30 Corn meal,
i25s450.
Grain-The grea, receipts of Wheat falling Of.
and when dvces reach Europe of tho decline Of prices
making for reshppng The stock great
that Il guess work to pretend to give H. large portion
81 II damaged and seihng from ~ 10
The supply OF sound wheat small and the prices better
maintained sales OF about 20 900 bush this week of Red
ard White German at 40 Is or Rive there also
large supplies bnt grea, quantities Of which selling by
auction all prices from 10 To - Oats have declined and
selling Southern at So Western at 81 The price OF
Corn stablestil prices with difficulty main
tanned.
ProrisionsThe supplies Of Pork constantly incrczs-
ing and prices hay declined sales OF Mess ~ 49, and
Prime is To- Beefis without change. Hams more
plenty, and sales At 10 III cts, which fall. Smoked
Beef II. cts.
WooI-Thc market is very duh, and not much bus ness
expected until the money market in better condten
Erehdngss-D never in bad st ate as
at present TO sell bill the South West 10 mpo.si
and TO even collect is attended with great difficulty
hazard and loss Our banks utterly unable
this part OF the public Even the Bank Of
and the Manhattan Company, which obtained the public
Depostes helpless o. the other banks The u.
bank Is DESTROYED, and nothing len ia its stead The hon
ern funds matured pieces the rates
at which they are compelled to get their funds back
Uoney-i hiss never been difficult raise oney
than at present. The Banks willing but not abe %
extend their line Of discount they extended their
mos, verge. No matter what amount Of drafts,
bonds and mortgages goods may have hand Il
IL impossible 10 melt them nto money
Lnegrsni Hoaey-Has been in st1te this week
than For several days the brokers would
dollar ofhe Western Safety Fund notes. bat about the
middle OF the week they taken again per
discount. Arrangements ~ is SAID have been nsde re-
their credit The Of the Banks are taken
without any difficulty and mostly par. All New Eng nd
BILLS taken freely below per dscaant Rank
Notes % Mobile and Charlesoa sold and per
discount This state of things than
/ known.
stoeks-we though. had found the bottom long since
bot fear the worst has One day, this
week there liule Lighting up but but momen-
tsry they nave all fallen back agsih