The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-04-17


S., ssa 4,as2s7e aOa5o $40 i.essoos
Sine The date - these these banks lave probably
teaded still fr Tits always the And ACCORDING To
tier their statements VI specie very faacious
In Rhod land AMI Connecticut the banks make their
speele ch a-ans sometimes any thing Lut gold and
silver A ll" l return there is generally
tisu OF disco uuds in Bostea"-" fund, in New
York" which sot down az specie The above state.
mcnt of the New England Banks represents them therefore
therbest possible condition If these failures New York should
touch severely Their suaciurng their banking
cannot altogether especially prodsouy expanded
must DO " hen the crisis overtakes them.
Such the condition Of things On looking tho whole
commercial machine Of England and the United begin
so that terrible yetpasse
In jan 1885, the the Bask of England OF
our cunency-in Feb 1857 was Sa yet the circulation
nearly the samcthe expansion the Ia the United
States the ananty Of specie ovcaedprossby have
than SIS Of effective specie &C an tho asu sf
prodgioas circulation and extended hank credits The
states ere at this ment the pastifuy supplied
Of and treasury
We doubt whether the crs general and
deal revolution ia the prices Of all commodities caused
raj feicncy the specie existing ruizs
world During the last gold and silver have been
becoming Much has been taken from circulation for the
purposes Of manufacture and little has been pre-
duced the mines The remand becomes Of
liable Yet while gold ard silver diminish quantity. trade and
credit and money based such Of vaue
Increased problem then whether there Or is net sold
silver enough in either eosIty England The Untea
States, suce TO sustain the Of only Of
them specie enough then the revolution go
ing Onward that will carry and values
back what they Europe in 1900 before the discovery Of
had flooded the werd with the precious metals and there
by reduced then This inequality therefore the
Of credit caused b. the specie policy Of the
may likely shake the Bunk Of England her stock
banks, and institution in the United States few
banks here and in the west that the gold and silver
duced by the sale Of the public lands We dread the future
g. g.: ni" Aus. ; IS a. ' \. .: !. s s
n. Q. City Bark, so Bos. 4 Prov r. n, as
NJ Mor s,, Carat NJ Bk "s; Sos wgT Tst
on k''s r a' Co foas s and L R. as
GENERAL MARKETS
On Saturday We teok sroll through Pearl Pine Water vii
liam South and Broad never did we witness
such uaes, this time oths year prevailed in the above
streets the present time ought be VI its height ns
found the There great many stra ges the
city they take hold although Saturday
little Brighter than the three four daysthe strangers
about and well they should be- for the veal
delrhhe sphere seemed to drive all du away
gre a many long this will cannot y can
emily hope that It wireman few weeks.
small sale Of Dry Go,ds Messs Corcs Haydock CO.
and domestic was fairly attended, and the goods
of wel-tems months Stsnses merely bus enough sup
ply their mm sdae The long continued pres
the money market has completely parayed the rade s
spring may be considered next fall.
and uness something done to relieve the merchants
expect that the fail trade will be dull this spring been
Confidence all and ia the cotton market the last ray
hope the winds Saturday tho receipt Of the
intelligence from England per ships Sheridan and4Coumbus.
give below few operations that 'o-k Saturday
ogsh with letter correspondent Lver os which
received per ship Columbus
Auc,ion .,es April isis crates vine end porter ,,,tls
a., \, cash 10 hall kegs u cash. bags coffee NJ n
| 10 ., do ,la bags damaged wheat, at so - DO
surar-The market continues extremely Inactive At sae
yesterday we notice decline ofabeut Porto Rice viz - AZ
| III. nj A ST. We hear Of no othes sales.
Saturday sale of 20 bril- New Orveons urms
tool cash No sales private sccovuts of
| po,tance The demand continues very lnted.
Four-Rsmans at last quotations Market naetive-vsy
ANAL sales take place.
Gaa-as7o bushels wheat do e were moorted an
Saturday, Sales take place at our last quotations
Correspondence Of the Hessld.J
Lirsrpoai Saturday erenfns, March 18TH 1887
We have closed the ninth dull week cotton market an
with the exception of day two, have been all the
declining The holders Of New Orleans cotton have
determined sellers throughout they have b. tho leaders 81
market in s downward II Is act tell what
prices are Tut At hsm would say
coed Orleans from the highest point within the three
months has fallen sio M and Upland and Mobile ~ 10 ID
h. half Of which, perhaps, have boon lost through
for noncyihs other half vcxd in all PROM biy
conceded the buyers Ind matters been IN
sound hsugh the apprehension NJ supply hut.
sm and another tn shippers OF i. article been
cruelty punished and whether We have ye, the lowest POINT
appears to be quite doubtful as ever rE
Sales for the week-is-os bags The following arc now our
quotations ,Upaoa ordinary 70 mdIlns fair =; fair Ia
ding fair good fair u good to fine q. sa 10,
Mobile ordinary torsiddns fair STA a. fair 10 coed fair "a A.
fine 81 Tennessee odn ~ 10 miJps fair a a,
fair Ia N good 10 hne Y, Sea Islapd A "a