The herald., 1837-03-10

wall street, Friday, March 10.
The stock market n still very ievesh condition No fall
price was pcrcepb yesterday but the angsur
faness aand the Of business
quite tdng continues still, tho high prices
there ardent desire sfthe commercial
community for discounts Foreign exchange
nearly and the operators in this article bv the
fractions and expansions have made deceat penny
we ntinaed when exchange at e that would rise
before the sailing Of the packet 1894 Exchange will bw fall
and be ready to rise the packet day approaches
The usivesal conversation in the the executive
It's now settled the conclusion yesterday that the
Treasury order will in fsrce until Mr. shall
pealit great dscusson going 10 the operation Of
this repeal the eay sf the country Fsm the
tone and reasoning Of Mr. Buffers letter General Jackson pub
shed yesterday generally believed that the President
will rsscnd the order Oths however believe such thing
Tben, thre great variation Of opiRon is effect
should be rescnded In Mr. Baes famous letter. he stated
repeal Of that order would dence day.
and make make plenty Throughout, thirty
more" or words equivalent to that idea.
The Treasury order has and mystsd by
the corrupt Wall street political prcss clea
the mist General jackson ssaed order in the mid
die fully 1885, for the Of checking the specuaens
public lands and preventing the eItenoa beyond reasonable
bounds Of the circulation OF the southern and western banks Had
1t that effec.l Let see.
Up the year the sales Of public lands usually amounted
ossocaoco the aer Of quence
ofthe ofbanks and the facility oseculaon these
rapidly increased January the msnhy were over
millions Qfdoisrs. AID May and they actually
amounted than three nfonsf. each month The whole
spirit VI the nation in
Ohio Indiana Illinois Alabama, M sppi Louisiana Mich
gan Of The banks the merchants The
farmers all seized with the spirit h.
General Jackson Issued his famous Specie Crsua principally
opeate in the south wes west and northwest What the
conscqcncel Tho speculadns public lands Immediately sub
sided From millions ofdoan per June tn dwmdsd
down to haa million in December Ii believed they have
been reduced since.
Tho effect therefore, has great diminuton Of the
due by these York. but the banks of all
those oe Union have been saved from insolvency the
crcs Of the sovency Of of the merchants For cal
Guated that the returned bills exchange York.
Of these land speculation the principal
of the potractea n he money
ing high rates Of interest.
The oay Gen raj ia ckson, isssg Specie crcu
lar the delaying long Instead Of june ought
have been issued January 1895 such had case
receipts from tho land offices would have been
Iona but the speculative would received c eek
The Treasury Circular has fulfilled Office II may Be
pesIsd Tomorrow and the only effect produce be to
init the southern and western baak extend te
sndtl enable the merchants there up protested paper
New York ks believed that few win take place
hereafter the public lands Mr. may order the repeal
Of the Circular with perfect safety.
The general operations of the markets yesterday were
thaa usual large sale Of foreign dosestc DIR, eod,
amounting to nearly 400 packages BY AUSTIN wmerdns Co.
went of lively The sale fully attended very spirited
tern months OfLveroo Salt between zoo and 1909 sacks
sold at ss 3d. to arrive The Flour market remains at
terdsys s,ionsul hag. Wheat and Ilss bar. Rye
were imported ofCofoe there bags Ro damaged sold
7s, 81 81 cents, cash. Alo brs beef at ST. Also
800 drums Turkey Figs sales may be con-
sidsrcd general specimen sfths tone prevailing.
The weatAer continues mild and the rivers must soon be
opened.
Prices Of Stocks al tha New York Exchange, Msrchs
y. . BANK llst Q. Life q Trust Co III
Del. Il Hud s3., a. "a An trust Co Hait Of
Mechanics Bank. .si Southern Trust q. ssl
Bk Stale of " 49, III, Ina CO as
n
Morris Canal Co .s7t, 81 BOA q Prov n 4 ,ol, Ia.
n 0 City Bank, sSl Long leland r.. r., ~ ISL
vcks0urg Bank ~ N. j. X. h. a. r. Co. ios
Planters Bank, Tenn, lol Bes A Wa, n n o. "
Z hu0s Bask Hnr n n ~
N o. Gas Co. gl ST Cant IN Co. ss asa az AL
fseuen Trust Co. 1854, st,s
Prices of stocks at Plwlnsielpbia Marcha
u y Bank, ilst, 49, isalst Del. q Hsd 80, e. "a 2}