Columbus Democrat. [volume] (Columbus, Miss.) 18??-18??, 1838-06-09
Comm erciaI.


Mosi1x. saturday, MAY %.
There las been but .m,ed business done the
psst week Some activity has been manifested
about the whavves, but We believe II is caused pun-
cpaly by the arrival and forwarding Of Goods tor the
Interior ofthe State. The market continues toera- /
eiysuppled with provisions and vegetables, at high 1
prices.
Sales Of Cotton during the week have been about |
1000 bales, at prices ranging from IL l3.-
Stock on sale at the present, about 5000 bales and
the market quiet l.idrertiscr.
The Examiner saws that tile cotton crop ofAa-
bama in isis was 1000 bales. The receipts 4" the
present SEASON are already 204.73s bales against
9S26s5, 1.-THE total receipts OF the yearl making an
increase up to the present time, Of 72oiS bales
This added 10 the growth OF North Alabama, which
indS It's way T. New Orleans, viii make $4,000
bales which at the average price oi $40 per bale, is
worth fourteen millions eight hundred thousand dol
lars
INV ORLr,Ns, Friday, May %.
The state of business NAV be said 20 be on the
advance, since the resumption Of specie payments at
New York, and the anlicjpationS INDUCED Of gen
era resumption throughout the United States, at an
early date. \ tchag oicontdtnce is springng up,
anu extending through the commercial community.
The 'iyal iron the prOs,ation OF the last twelve
months !, SLOW, but sure, and by next tail commece
will have recovered It's elasticity and the winter sea-
son open under a. rces much more favorable 10 the
prosperity OF our enl, r,rislng population
Tie Builetia cautions a! persons IN the purchase
Of Texas bounty land claims = be on their guard
against fraud aud imposition, As E'sea celuiio'''s
have been made and passed off as gcnu'e'
Nav YoRK, Tuesday, May 70
The sales on stock exchange amounted, tins nun
my, TO nearly 5000 shares. The stocks OF the ~!
banks run we'll as dealers IN them are chiefly Tor
permanent investments. The banks loan readily on
the best short paper but as little Of that is offered,
their funds accumulate on their hands. Brokers are
flush, and quite willing TO cash paper that wal not
go into banks.
1t is said that the Grccers are organizing bank
Of 50 900 600, under the late State Llaw for their
mutual support in times OF difficulty and distress
hear also, that certain iron and other manufacturers
in this city and ueighborhood, are attempting TO do
the same thing
Exchange on Philadelphia is steady al il per
cent The prospect is, that 50 soon as the southern
banks hear the bitterness existing IN the market
Of exchanges on their part Of the country, and Of
their money, Nat they will be induced to accommo-
date the public at less rates, and thus communicate
new impulse to our dongs, Be this as it may,
southern exchanges viii depend very much ON the
ultimate movements Of Mr., BiddIe lis bank IS said
\ W t'HlilH Specie 10 lilt amount OF seven
aud 1t IS thought that it will soon resume
Wednesday, May g.
| This being packet day, exchange on London ior
best bills. ruled at - per cent premium. This
Improvement may be regarded as omnous ola bet
ter state Of things. 1t shows that our merchants are
preparing for the fall trade, and that the commercial
| relations between England and this country are III
| fair way Of beug re-esab'ished
| We hear that the Frencli importers ahd dealers,
| intend to organize bank OF one million Of dollars
/ capital under the new law. They are a large body
| OF men, and possess heavy capital to work upon.
[Whg.
The Journal OF Commerce las published table
from which ii appears jaa; since the resumption, the
discount on Philadelphia has o.'2n to IL and ID
ia gam OF PEI cent; on Baltimore to La
| gam OF = on Charleston, to ~ ana ID gam o.
| IL; on Savannah TO o--a gam Of :; on Mobile tt
Ia gain of on New Orleans, to and La
gain Of } IL; on Mis>issipp to Goa gain OF 10;
and, on Tennessee, to Ia gam Of 5. This is the
effect Of the efforts ofhe banks throughout the coun-
try to resume specie payments at an carly day rs
possible.
VLLocIrY.-~The planet Venus, one Of the
nearest and most brilliant Of the celestial bodies,
and about the same size as the earth, Is found TO
move through the spaces of the armament at the
rate of seventy-six thousand miles, an hour; and
the planet Mercury, with velocity no less than
oae hundred and fifty thousand miles an hour--a
motion two hundred times swiltcr than cannon
ball. The veloces will appear more astonsh-
ing, if we consider the magnitude of the bodies
which are required to carry hem along in their
course. Wondrs Of the Hcarens.
Pretty Good tora negro,-A Wig merchant
OF ou town, who was looking yesterday at Gen.
Jackson's carriage, made from the wood of the
fngaio Constitution, noticed that the original
tongue had been replaced by ono made OF hickory
and remarked to the black driver that the tongue
was not altogether constitutional Nc, replied
the driver, 1t Is not exactly CONSTITUTIONAL but it is
next thing TO it for it's htchoy
.NGshr.Ne Union
We understand by tho Attorneys who visited
Lauderdale for tic purpose Of attending Court ii
that County; that the Court was defeated bj
resignation of the Sheriff aud Coroner.