The herald., 1837-01-23

Wall street, Monday, Ian. -.
The week ended in street full Of life and vgor Evea
Saturday stocks the list stood better than on the day
take the week IL the lump and the rise IN Stocks
varies from to IA per Money also c.anues to be quits
abundant and cent month"; and II things SO on a. they
Indicate be surprised interest down to the
legal rats in few The only obstacle this result the
great quantity oets and real estate still held by the specuao
that article held the beliefha the
commercial affairs they hope for like
lief IN real estate spesulations
There yet however considerable among the
speculative real estate and as day approach
ing when rents will BECOME inquiry there will
effort the real TO keep price thereby
give the of upon tenants
We perceive that large properties for
do doubt there viii be great hustle buying and bidding
do perceive however how possible keep up the
rents for stores probable thlt dwelling houses may
tho cf last bat the great stores and
dwelling houses converted into year. necessarily
ovestock the market and bring down the Of that class
OF buildings The cuamen OF business will also aid In pro-
ducug this rssund also the general blow given to specula
tive operations possible that Of the dnes ntcsded
for stores be who tenants all un ess the owns con-
sent to turn them into dwelling houses fer the neace
Throughout the whole country commercial affairs are rapidly
following the wake of York The interest OF capital Is
falling from north southeast to west The domes tic exchanges
approaching uniform andmodeate rates Th general
been Produced Rot by the OF the
by wisdsm by the efforts Legis-
aonbu by the smp uHaded tfo IF CONNER a mt them
selves the face of the folly and ignora
the banks the The tariff laws distribute laws
and sepoe laws acog the Of the flung
hands banks and speculato fifty millions of dollars
This Of money taken from coupled with
few local here and there such the great fire in this
for one set in direct ion tn regular currents
and merely used to
of throw all hanges
81 For eight months the Of the ntry has
been tossed about under the force eese influences till general
cr,ament ofbusness the taking in OF SAIL have
stored the market to toerabe let condition Wehle
ofthe whole evil has been divided into ccua
agn-net speculative element but a real business item
Yctwe ofal dangers The OF recovery
affairs and pontedbut side by ide with
these symptoms have Others of three fold danger
those W. hive yet passed through. Let us explain.
The money this time on the
of Of the that took place in
commerci country We have what mischief tho
plus caused during the last nine mos
in product and creating land rates OF exchange
ana nerestTeasry oderhactuaons aat eyaso OF all
knd The time has div de this large
the states by whcha species of phenomena will be Produced
the and exchanges perhaps than have
yet experienced In South bank chartered
of twentyfour millions ipital principally based tn
In Kentucky proposition also be Its LEGISLATURE
bank of mil ions capital asd 30 40 bancbes also
based the surplus In almost state the
same beginning The of the lrpus Revenue
among the States will produce ofspscuaon in
banks rail roads lands and every other similar species Of trade
than produced while lying the vaults Of the
banks.
this the general combination is gradually
forming between the bankers capitalists rich mlnuacture poll
spccuators fasn this system the country and
Increase the supu indefinitely ths division of punde sys
should there that
wn LEES than three the who property the nation viii
hands Of the banks and all the legislation Of the
ry will ceme Of directors a
and distinct will BE- regulated entirely by banks and
bc made in society until has first received the
sanction of directors and whenevet
states their several schemes Of speculation ahoa
based Surplus Revenue they w like Flr Bacon have
Devil without retaining the laying when
they choose bat the beat way to
bring nation pampeed with much prosperity
Prices Of the York Exchange. JaR. 81.
u s. Bsak, lasl, ,2i, Contibutionship In Co 90
rhenix Bank, 1885, Howard I'm Co 100,
mol and Hud "a, Al, 6 5, 81, Manhattan Gas
81, Boston Wor X.
q of s. of N Y ll2. I2s Mohawk H. X s4i, S, d, s, =
Morris Canal Co. 1921, 5s5i
Kentacky Bank, ~, 81 pa r,s-n r. H.. sci,
Illinois Bank 1924, Hareis X. r. 80
Commercial Bank 1885, N JR. X. N r. Co los, io,
NJ o. Gas Co lO2, ID B,sion& Prov. X. IO9., 10, ~,
= Fn Tra Co Il iqt i, LLR X $50 7s 81, so IA
Ana r. ca. Bait l0i Stonnngion X. H. ~,
Jackson In Co 100, utica n ~,
Eagle In. Co. ", 1antsh 20 So
Mer, In Co. B,
Prices OF stocks at Phladelpha, Jan. 30
y. $. Bank. us, is., Del and Hudson, Oh, N,
GpaTd Bank, 55t,