The herald., 1837-03-28

Wall street, Tuesday, March -.

Wall street, Tuesday, March -.
Yesterday was singular day the morning was announced
Europe from Liverpool Win dates 70 tne IN
inst-a very late arrival what 10 the news'- How the
money market cotton 1-wsre the several questions
sut to those who were supposed know thing Of the mat
ter.
The in England going in this country Prices are
radualv declining particularly American coitoRs and other
stables The of the commercial community
50 great that the of England has adopted bold
that o their exchange for internal bills Of
change relieve The business cfthe Among
foreign this will be stated particularly detail The
Bank England has be induced forward and make
these of the imports from
the United States For manfcty appears from the English
psfes tsai the exports Of specie from this Liverpool and
London mach greater during the latter January than
the Wall street prints would thea acknowledge At that period
stated that the Custom House here did not indicate
cuaie the Of specie from New York This opinion was
forward noppoon the garbed and deceptive aenents
ofhe Express cosrer an Journal WHAT'S the fc,l appears
from he records OF the English Custom House. that state
with regard the Of specie from New York
correct and these of the Wall false and decisive
The great export ofspece from this January reduced the
specie banks from millions "a millions To this import
into Earand attributed slight for tho bet
the little patches ofsnEshne seen in the markets o Liver
pool and London.
specie has unable the gradual fall OF
Gotten and the commercial business Accerd
ngy the Bank Of has been compelled to come forward
with of eef In the House Of Commons the nves
of the Stock Banks going on with closed doors
Yet facts leak showing that there has been great deal o
Nveankne overradns The expose OF The Bank OF
westmns ceus To ihs conduct capco9 aad h'iu oil
the Bank of England many the public prints and especially
the Times of the 2nd March, attribute the cmbaasmens Of
the day ard the scarcity ofmoney.
being the and best Of the state Of CONNER
cial al ira u England ought surprised further
decline in the stock Of Wall yesterday Several Of
the fancy e2 centbut the inactivity and anseur
are perfectly Commercial personal securities
almost unacceptable. The first quality ofpaper sells at
discount month II also said crash among
the rea spectators this week This crash
be considered the last batch cooked hats Yet there some
business doing among the rea business men.
Of hurricane hear Of
posed in order the torrent setting in with accesTans
velocity The United States Bank imitation of the measure
opedby the Bank Of England called upon to issue post notes
the ree msns and the Legislature may be
required bills credit for vs millions 10 be nsgo
lated Europe Both these useless The first
would only the day PREVENT As TO the Sc
could the legislative be neyotatedl Not 40 n
gland for that country has enough TO do with herself
These unavaine In November last this reaction
from head by elamor and uproa Now
nothing L. The great evil has been Produced MOI by
oDerbGnking hut 10y crcrTGdtng On ano- shalshow
the banking system Of this csuntry has been managed with
skill science hebanks and Their paper only Of
commercial machine that stable The crisis comes om
and general secuao That branch Of the
called bill Of exchange prom 1y notes ana bonds and
mortgages has been oyerdon Personal securities Issued IN too
great abundance, on high oh n1ces are the principal
causes of the crisis, combnC ad Ior-ation OF Con-
gress. Oar banking system Is Bank paper IS
wsrth its face spece-bi persona selling at
depreciation Of per lace, fora
past ofth has been lsseed-here is the erl
and there alone
TIE operations yesterday follows The Dry Goods bu
dull, much doing auction The Cotton market
without change Sugar and Rice last quota
tong Ios drums Smyrna Figs at Ga 81 cents Also,
baskets Champagne, ST. cash Also, bags Madeira
Nuts cash. Also, 80 kegs sun Rasis 81 cash. As
bumps white Sugar, 81 10 cas1 Also half chests Young
Teas 40 cash. chests DO do q ss chests
Hyson skn 70 22 10 isb bx Hyson at a. cash Also sbaes
cash F!our costumes very du-no change West
brands eli SO.
Prices Stocks the New York Exchange, March q.
u. s. Bank li6., i6i Illinois Bask, ~
Bank OF America, i25 Firemen's Ins. Co s5
Manpatta Bank, l3o Howard ins. Co. lo3
Phenix Bank, Manhattan Gas Co. llo
Del a Hud.73, ~ TIT IA Mohawk r. r. 72 1li, Tf II
Lafayette Bank leo Har X. r., 60,
Canal Co SO, So Bos. Prov. r. X. 100, iel, s7
VI State of NJ ", 1871, Bos. wor X. s7t, 81
Farmers Trust Co, ssl sei ~ j. r. r. r. Co, ssi, "
Am Trust Co., Bait s6i ilhca r. a., 1ls
N. d. Canal Co ss canaS Co, 56, s.
o. Life Trust Co. o7, loe Long Island H. r., s5A 65
Kentucky Bank, rs
Prices Of Stocks at Philadelphia, March IS.
u. q. Bank, III Kentucky Bk 81, soi, so, 70
Girar! Bank, 66 Union Bk. Tenn. 81, 96
M. q M Blk Pisburg so Del Il Had. 1ol
vicksburg Bank 6S;, 62a