The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-01-10

The Of Yesterday couped with those Of last few days.
indicate the Of the MARKET and the
we have heretofore thrown OUT have bean fully
verified Yesterday stocks of kind extremely
variabesome going gong down vibration Of to
per place the stock in the Of few
The business done in addition, extremely limited
The vibrations took in the price orega exchanges
the close for the last packet
These fluctuations the amount of neay
81 per cent in week. attracting great attention PEG
pie began to inquire the Of such singular series
such time the Are the work upon our
foreign ex hange which recently such up our
domesuc cxcansef From certain facts recently leaked out il be-
gins 20 10 seies Cd that certa banks
nave caused by combinations all these The banks
with this idea the Bank the State Bank
tue Morris Canal the Union Bank ana the United st,s Rank
These institutions together few Dealers purchase
u low rates. and then by operat in the msney
inc rates and make the importers submit their
some OF these banks cash at 81 to "a then turn
osnd TO the merchant and instead of dsconnx CITY na.,
m guy foreign exchange time, 10 per cent
premium we know that the Canal aud the State Rank
So and We have doubt oe sold exchange
" ns az o 70 III Even cash exchange institution
operate against the supply anil demand
ne banks, by Of their large surplus are ena
wsn they please these expansions
The rates offoren sxch1nge Through the medium
ne' connections at the SOUTH they mi lions
foreign exchange at low the monev
then advaace the rates three per cent cash OF ar 10 IN ,.
ov what they gave and thus make the merchant submit
banks have shown during the last sx moos
how they the money market and get 10 pr cent
monh Tor hsE money without strictly invading xsuy laws
'o ne mst week and the last see the same
po"eo IN our foreign exchanges. The force of public
"on having driven the hank blood suckers from do
nestle exchanges and discounts ONE slight degree thew In -
vsd tnose very operations foreign exchange which excited
20 much dissatisfaction against late United States Rank
OF the nited States Bank eprobated rans
foreign exchanges merely the eign trade
how much more to he eprobaed the half dozen Of banks IN
VISA street, whoseem to be quareng which shall esr thu ~
" Oh usy IN tn eprcseni state Of the money market
- also the misfortune Of the mercantile interest tn, t
na coooon Of things at the South and England ton at
gacases than eviates constant and -
~ % south dcuties have distracted shipment If
osey there also searcethe banks and the
nve o VI England we scarcely yet know what to say At
he last accounths had not yet received worse news The
money market in New York lowest ebs about M
Of November Dates o that period had been received IN Eng
land We have yctto the in I..nd and
Hs effect on the cstton market The arrival may pesv
bring those accounts So also this cannot
steady easy state Of things till the month of April Or NAV set
in when all the transfer c beco
completed There is also crisis take place in real estate
wisch wIl come upon later.
Let all therefore. be W imagine thst strong
hopes easal TO stroxg facts. II Is 80.
Prices Of Stocks at the N. York Exchange Jaa D.
S.si o. S. A.. s ls Isl oh TIT T:, &C =. .e,
5:s' :.d f a.a y y: 81: a. ST. 81 ssss f,s, 4
Greenwich EaRk los, naiem K. X. at 2Loo,
Commercial Bank, lG0 Utica r. X. liz
B. OF d. Of N Y. 1854, g. Bost0n q Wog r. n a.
Morris Canal Co, lee, 50, u Paterson n. r., gu.
Prices of Stocks at Phadslphia, Jan. T.
Q. &. Bank. ii4s, 4s, Del. and Hudson. &C. N, IL,
GxaDd Bank, S. = "
DIED.
Ysstsgday morning ser nse ilsess Mr. Samuel X Alb.
Hh relations requested 10 attend n, fun
esa s aenoO o'clock from late resdcnce No 10 Or
chard street =
On Saturday %smins Lat, William Lane. .ssdn
aged month";
his age. - =