Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-09-21

Generally holders have wlhlrawn from The market.
and refuse TO name price Small sales however were
made of common bands western. al s. IS, : cI, %.
Georgetown. Sy-thus the advance Is fully sustained.
"C"RS has arisen to day full cents. Sales At 100
| and 05 cents"
| "lhe books Of the American Exchange Bank closed
on Saturday, and happy learn that nearly five
hundred thousand dollars subscribed. This 10
quite as large Us was expected at this time and is suti
Gent TO secure all the ad"antGges of the law. The bank
will go into operation with III speed IL will be TeCol
ecled that i:s capital is composed wholly Of cash, no
stock real estate. 1t is got up, and vi! liz managed,
by our most active business men, There can te no doubt
! OF its success.
awe are requested TO state that ;ha statement made
in various papers that the Secretary Of The Treasury has
deposited the avas Of the Smithsonian Legacy in the
| North American Trust and Banking Company OF this
city, is wholly without foundation.
1.-The Secretary Of the Treasury has, authorized by
law invested the above avails after due public notice IN
a purchase of Arkansas Stale stock from individual
unconneced with the bank and who the lowest Of
large number Of bidders The Stuck was wholly indie
pendent Of the million Of dollars of Arkansas Stock
purchased, aud held by the North American Trust
and Banking Company. The Commissioners Iu,I that
State have made temporary GepOslte OF portion OF
funds in their hands in The above mentioned institution
with which Transaction the Secretary of The Treasury
has the most remote connection. This circumstance
may have gnaled the erroneous statement we have
| en,oneG
PROSPECT Or TIE ENGLISH HARVEST.
DUBL,S, August 10.
| FtdIttT-uTedt
last three four days the crops in this county have
promised most abundant produce, but the rain which
continues 10 pour down with bat little
producing we'll grounded alarm, and farmers begin
ming apprhend extremely late and scaniy harvest
These approximations beg gin to tell the markets,
where all descriptions oil grain gradually rising AT
the Dublin Corn Exchange this day, wheat reached The
very high price OF 5Os per barrel Of - stones II the
weather should not speedily change the price will
becone much higher. Fifty shliings per barrel i. be.
yond the rate at which conis admitted al duty
| Of Is
The Heather and The Crops-The weather in this
neghborhood Manchester has BEEN for time past,
and especially during the last three weeks, OF
character 10 the greatest alarm for the safety OF
the growing crops. Hitherto, so far as the fall OF rain
ia concerned the weather has exactly corefponded With
that Of the disastrous lcl6 when the harvest
almost entirely destroyed. There is, however, one
ground Of hope whch did not exist in that year-the
temperature during the present has been higher
than in that of l-lG, or Tint Of c23 which was also
very had SEASON .--NHncheSfer Guardian.
Several farmers have begun their whea! IN tins neigh
borhooe, (Bfghton bu, whoa, by no means general
! yet, will II be for al least week. The weather
lately has been very showery and the wind has done
considerable damage we fear to the wheat, particularly
where it nearly ripe. The peas that have been cut
| for time have opened very much and we tear
grea, many Of them have been lost We saw several
pieces Of oats cut, and particularly the winter oats,
which this year seem 10 promise an abundant crop
The turnips growing very FAST and the heavy show.
ers TO have driven away the caterpillar; but the
grszieTs complain every where OF the shoness OF the
rass-Brigh.OR Gazette
Correspondence Ct the " \. Courier and EnquiTtr
| LoHpoS, Aug. 7, Is3S.
| The money market Of London has been excessively
doll for days past and nothing Of Importance has
occurred since my last report The demand for money
DOES not increase TO that extent which would shew that
the prosperity Of the manufacturing districts is much
upon the increase and the only deabe spec ulaion
has been IN foreign cofnrenttances Tor the purchase
of which have been made TO Hamburger and the neigh.
boring Baltic potts On the stock exchange, the prIn.
cpa subject OF attention now the prospects oil The har
vrst-for the accounts from Scotland and the northern
and midland counties OF England daily becoming
confirmed az TO the laenes and probable extensive
deficiency OF the crops Of grain-and there IS now &C.
knowedged to be all almost alarming deficiency in the
stock OF from the harvest OF the recent year. So
much depends upon the Issue Of the harves-boh as re-
CARDS the prosperity and political tranquility OF The ma
Eufacurng districts during the coming winter months
that the price of Consos i. daily affected by the intel
lIgence as 10 The condition q the crops.
In American stocks business has been extensive dur
ing the last six days. Notwithstanding the very heavy
gupplss oil bonds Of inferior ORDER the brokers have
excellent demand for the sharss Of the Bank of The
United States. and Tor the bonds OF Pennsylvania aud
New York. The recent accounts Of the harvest Of the
Unon-the satisfactory condition Of the banks and the
certainty that there difficulty in the general
sumption OF cash paymensca tie demand for Anne
rican securities 10 increase with every packet which ar
rives. The shares Of The Bank Of Tie United States
have been sold to day in email amounts al to IS 3D.
but here heavy sales have taken place The price has not
AVERAGED more than I2J: about COO shares under
stand have changed hands al the prices since the
opening Of the market yesterday and there s market
for this stock 10 extent al the lowe! price Of 2J.
General James Hamilton has arrived in London from
South Carolina, mission for the negotiation Of
81 10000 in The bonds OF that State The bonds are
sterling money, and 10 bear interest al the rate OF -
per but il understood that the General will
be able 10 bring the stock at higher price than q
The purpose for which the money il required would APP
pear be Tor the construction Of portion Of the great
line Of railroad from Tennessee to The City Of Charles
k,,r. ,,,1
here considered by parties TO be of doubtful sue
cess in profitable point OF view The attempt 10 com
pete with y York, or Philadelphia for the West
trade, is not viewed being within the natural
liabilities Of Chsirston where the nature OF the eli
mate the consequent suspension OF all activity IN bust
during the scky months Of the year. and lis greater
distance from Europe. all against The probability that
Southern port will ever become the grand proposed
centre Of the Western trade
The tobacco market continues very inactive and the
supplies scanty, for long time past Kentucky leaf
the article most in request though scarce and extreme
ly high Various are the rumors as 10 the crop ~ the
United States but the impression certainly prevails that
the frost has been injurious 10 the plant throughout the
Western States The present prices are, Kentucky,
3 4 I'd per ID; Virginia, ordinary I'd , 3 Id;
middng, Sd a - Maryland, ordinary, 3 I'D al.
The markets. both in London and in the Proyin
ces are rising very rapidly this time and the
nearly at the price which regulates the opening of
the ports. The average price Of wheat for the last elk
weeks has been 65s G7s per quarter (of "inches
ter bushes bonded wheat has risen no less than G per
quarter within the last days, one cargo OF line
Dan,zic having been sold at 73s.
In the manufacturing districts business s much
checked by the uncertainty which hangs on the pros
poets of the harvest the price of provisions and Of wa
ges being TOO high 10 allow the manufacturers 10
venture upon accumua,ions Of stocks of goods which
may fall extremely in value if the harvest should yet be
well secured and wages in consequence be lower the
course Of few months.
The Committee on Joint Stock Banks has published
the evidence alone taken during the present session. and
deiers the report until the session of
From Liverpool only one witness has been examined,
Mr. Turner the Of the erpool Branch Of the
Bank Of England extracts from whose evidence shall