The herald., 1837-04-05

~
ment Instead of being beerei woe than ever To
Low no regularity in its actoaa impulse hesiancv doh
a~ almost impossible to awe definite statement az
se price Oh money aud the rate
street mas lost ITS bnascc wheel thing nov MOI
by hs and starts Private paper at an end H.
spite the rcef granted By the Philadelphia York
Inc failures coatlnue On Monday half dozen houses
came down. and one large mporsg house among the nrr
Yesterday owing the payments 10 BE- made il was Gad
more failures had taken place but they will not be- generally
kaowa till today '
The reaction goes with enarkaIe neyie Yet in sne ID
TINS panic ans alarm IN business il fact that not
sHge bond due 10 tie has for week past
This TACT speaks avoume-a whole library fer honor stab
~ and general Integrity Of the commercial commurity
10 this state OF things the stock msket uncomnony dull and
inactive Few sales take place except for Time bg os
are nearly anniated and all stock specuions al
anen9 1t is remarkable fact that the part the fail
VIII c have already taken place
with real estate ard stock articles which the
high price mani pasticuary affected good steady old
fashioned legitimate business a Suspension occurred that
have heard offor forgotten thai the present m
and only affect THIS far who have extended
their business too far neglected for real estate
speculations
hnanc of the United States Bar begin
be ex.Miaed with coone-s and sagacty Ills fct-re
markable, if you please that the exaned the ore II
speaks for the oc Philadelphia banker and the stnpd
ny Of the New York locks Albert Gaata aaa his associate
bankers have been playing trumps Nicholas Bis nee
aHd KING Mr. Bdde has taken millions of y be com
morcai paper OF New York payable Philadelphia 3o
~ 90 ana 2o days IN exchange fu his payable year
AsoW one Tn ri OF this $3.50, payable
r 70 cash or witsso days BY this operation he creates ba
a"cs Oh trade against New in favor Of PhiaeIa r Tho
' advanced According tive best esmat. $500 coo Of
49,. ~ WI become due in May, asd s35o,Oso June BY
INV opeauon ne makes the Yo merchants and the NJ
fak banks furnish the very specie which e 10 and IN
Eseland 70 establish American iathat bs
m oa"S te "nsie advantage of the operation
The advances which the other banks have MADE haad H. -
poiessed faancier, Mr. Gaan are al so bur n.-, -, ~
adrot plan to make New York only the sp ca abroad
hUs to shave them into the bargain.
We fboya ,h.tn
belonging to The great system Of which Bsde is the
@h'ef spirit Nor but highly approve skill
adhr ss and science OF Mr. Bddlo. Such set Of sorrDs
unmtigated the bankers street are ought
70 se many essens before they capable
tbs simple elements of their business the power 20 make
New York the great monetary commercial world NV
the creation OF bank of Fv Millions waste our enc rges
and throw away chances miserable politics
and other small game
The foreign paper disorder notes of
distant banks redeemed Wall in description
Morgan Co only redeem few bankssome adver
tse to receive bills ofthe Rasin but generally there ia
great difficulty procuring New York funds for the paper Of other
state banks.
The prospect future create great r-yo
ati"n foreign trade Ia creign trade Will be-
partly broken The activity of the Custom House begins de-
cline bat afew months will sbew fal The fnan-
cls difficulties between this country and will operate
an embargo rother great political cop de nnssn These
circumstances will again have effect domestic trade
hsme ufacares Az the calamity the
haA the factories the nmeda neishbohood ofNew Yo k
but th- general disruption Of confidence foreign trade will
leave the whole field to them By this appears e.i
takes place wihost good.
The reaction the prce ofspecrlave artcess goes on Fp
begins arrive forx theinteo By late prediction as
be verified 50 tc,37 per barrel
MARKETS
Business little lively ray than day os-
visus.
FIouno Importance We .se Western at II II lQ,
New York 10 q 10 la Southern at . 50 TO- oo
Dry Goods all wshavs notice sale of about packages
Of Foreign and Domestic Dry Goods; fairly attended,
the goods sold rather low prices private saenons
doing
Tobacco, Ac-we remark cha, go Tobacco Ssxar or
| Rice. Mo,assss has experienced slight decline-dul.
Messn Nintun Co sold boxes prime Messina oranges
at - cash. Axo % sacks French fsr
Messr L. NJ Hoffman Co had cargo salc Of coffee sugar.
&C. viz $50 drums ssayra figs cash io hhds New
Orleans at 81 cts Sc Bordeaux
cash IS bags 81 Domingo coffee al lot
Java do. at 81 s 81 cash 70 do Rio do "a 81 to
cash do Sumata do. cash 81 cases Madeira
nuts al H. 81 cash Also 80 bushels Dutch beans 81
| cash.
RECEIPTS PsoBEcgReceived the North river April
ath si2 bb -four ss bb ashes packages butter and lard
iss casks seed and bb povsns hds and 40 Ibis
Liquor 2si2 siass leather, hhds and 2ss bbls beer
/ Prices Of Stocks at the New York Exchange. Aprl4
Y. 8; Bank lis, III. Q. Lite q Trust Co. 1854
1 Manhai tan Bank, l2s Kentucky Ba,k MS
Mechanics Bank, i27 Iainois Bask, ST. q
| Phen,s Bank, ~ vicksbwr Bank, rs, rs
| Del Had. 7,l; isi 81, An, Irs. Co INA
| Seventh Ward Bank lOs Union In-. CO. 81
| Leather Man Bk. 100 Har K r. eli IA
Morr,s Canal Bk II Boa q Prov. II r. s5la
"a state 1 o. n, T. lost y r T. r. Ca. %, 5, "a
rarmers Trust Co, ~, 50 Cantsn Co, So 50
| Ana Trust Co, 81 Long Island H. r., sit, 81
| - Prices OF Stocks ai Philadelphia, April q
Y, :. Bank, llst Western Bank, bik
| Del a. Hsd 70 Vcksburr Bank. 81 soi