The herald., 1837-04-03
$4,000. 600

$50 600
BY this stA,eme nt appca that the
pensions caused by the commercial revolution already quail to
whole Surplus wh.ta singsar coindensei In Sep
tember October last the surplus had increased u nearly y
Millions lay partly idle in the banks the
Of distribution roushost the meot the reqaons Of
each its share II there had been
plus at ALL the whole Of this woad have bcen in active
the In that capacity would
oay have aided The debts Of the suspensions bu,
helped prevent The failures take place
Anstr remarkable coincd strikes this Tho
ofneest New York and elsewhere began
nod of time with the accumulation Of the sals
III vaults of h banks and The draining
by the Of the active capital commerce the vaults
ofusHers May juno Jay August up September The
OF gradually ffsm to May, till reached
cent moath vixen the surplus stooi at fifty aisns in
verify believe that the ofthe banks both
and Philadelphia utterly futile this crisis Au
tentc have been received from Washington,
that chapge all may the nan
ea action Of the There will be rovocatoa OF the
ofthe Treasury issued nth July appears from the
Of the ebe thu the gov.
let the importing merchants fall order the
banks holding the surplus and all connected with them.
Tne result the cabinet coanses to adhere firmly the
pre- position order the southern, sosh
and sanas from daiR of specie is estimated
bank circulation 1870 millions its ba
sis and 40 millions specie in the hands fndv
sas latter amount specis could be substituted by small
bills elf would furnish all the required demands
foreign diors This howeve, he done The govern
men position let the country
20 to dion order the Internal
from tic effects OF the present
forced upon them ~ the scusus and absud
Congessby the OF surplus revan.e-by The cel
conduct OF all and every party who TO bngton talk
To act-to blackguard not to legslale.
On Saturday, Nora Co resumed the redemption the bills
ofa the principal banks Connecticut whore bills circulate
here There crowd their Office all day long Tho people
.Esa refine all ss- ssse OF the sale Fund of
state. We arc not sur. but IL is wise
Auction sales small Sdtsrdaynohing Try go ds
line offered Messs Pells Co sold bushels prime
wheat eodays white do DO at
days. also 1859 bushels rye, days Messrs
NJ Hoffman Co sold AZ loxes bloom
baach do s5 aldo do 5o quar- do at
81 boxes muscael do 65 cash; ais. half
spanish ras III IS quar- boxes d.. do
hare's fais A. 5, 8, TO isl cash.
-Four continues exersey heavy, last sales
olimporiancs
Biolzss has experienced slight decine-the marke, is in
active.
Rice renal last quoaiions3 SO ioe-marsct is
dali
Copper sheaihns; we quote "a 2sholses
remain firm al those
Slltthe operations Saturday
cspool sdaot ush in the market supply tn, demand
when the navigation opeHs.
Tobacco-no operations either public private sale sa
tusdiy
wheat andSsss bags imported into
this city Saturday.
Prccs Of Stocks the New York Exchange, Amli.
Phsnix Bank, iii o. Life 4 Tnsl Co ios
Rs' Rs sss,a naa ID ahas A. Co. Bat, sSi At
Morris Canal Co u Mshawk n n "a 72l a. ia
Kentucky Ba,k, 70 Har H. r. g4 s3i
Illinois Bhsk ss,i., ai, II Bos Prov. X. X. 81 ssi
=. 8. Bank, ISL ylck.6u,. Bank, ssi
Girar. Bank, ssh Del Hsd 70