The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-01-31

Wall Street, Tuesday, Jan. 81.
Yesterday dull fiat dsaseeabe day in the stock market
It, therefore, opened the Board under considerable depression
efsps purchasers generally gathered up pecoats
towards the close and ended quite fkiyin stocks
IN foreign exchange there considerable sensation
The price ITO casOl being askedand iet being gwen
Tor smasums There great scarcity OF southern ex-
change the Market and fears entertained that cotton has
fallen Europe If that be there will be aBother rise in
change and certain As s there reports
quite that had been made for ospecc
but ermakng every inquiry could not trace authen
tic Some said that insurance had been effected 45o
coo, to begin without the statement questioned.
The deficiency of southern exchange attributed to several
The operative is the determination of the southern
planters throw the whole Of their produce he market
efcar of gu causing premature fall Other of
encouraging character referred The land specuaons
the southern cities accused Of interfering with supply
the currency the rapid shipment Of
The accounts which received from Boston penny
called the Transcript ofbank failures Manchester England
generally dscredted On referring street Report of
tho 10th inst the whole will be found from which that
piece q nonsense manufactured We bank
with branches Manchester had was about
make negotiation with the loan to relieve
its wants. condition of closing its branches information
we hoard at that date from high respectable the
news tina the English money market had not mastered its diff
fcues spread slight gloom quarters We will look
anxo0sH for the next news from that quarter.
In the ten eleven deposite banks of this city there lying
4loe0o belonging the State being its share the public
plumber under the Surplus Distribution Law Yesterday these
banks received circular letters from the Comptroller Of the State
aAbapy relation the funds His propos
lion TO each consists oftwo alternatives The Comptroller states
9hat each the banks the on depo in
ahat particular Institution paying Interest cen
per from the date when property ofhe state
Any bank that does choose proposition Is d
reced pacehe amount their hands state in
the State Bank which he's probably made with the
state 10 allow that interest The Comptroller also states that the
Banks probably be allowed retain the money for several
month"; - there that Legislature will in that
time make final dspsstion ofth money
thnfn
out circulation here M sometime consequence ohe
dvsoa under the deposte law II probable however that
eE OF The banks the the eS
BY them n Pssrsssa essns s sevcrsi Of
Tho banks nave been much pay nothing for the
use o. money that they may give pet The Mechanics
the Mammalian and the Bank Of America the original government
bsnhs sfo which tho duties still paid principally will he the
INST 70 haad oat these portions to the Bank Il calculated
therefore that the State Bank week an augmsu
taon TO s means Of $4,000 which can afford
to interest 81 cent because in foreign and
domestic exchange atsre Of fourteen per cent
wing other indirect which ingenuity may dictate
and modern morals aanctioR
Accounts by Express evening from New Orleans to the 2d
and Mobile the 2h that market il ansud in
beth places aad decline has submit TO- In New esns
AAse aso scarcity money consequence Of the bad
management ofthe banks
Prices ofstocks q, the New York Exchange, Jan. 90
u. q Bank, lisa, lis. Ease Isa C. a
DEL and Hud =, SOL, 50. Howard ina Co ssa
Bank 81 eN r. Ill Mohawk II. r. -, ssl, 8, IA r.
ehso T. Too tl2 ma ilil Bost. Prev. r. n. i06.
Am T. Co halt. ios, loa- Utica r. n. i2I, 100
Onion ins ca. o.