Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-02-06

MONEY MARK EFT

Report ofthe Coa.mee appointed week. relative The
hours holding their daily public meetings Mr. W. w. Todd
appointed Chairman, and Mr. Averel Secretary The
Report then read fixing the hour from one to two
O'clock each day. for Change hours One of the gentlemen
made short speech, explaining the and pro
prey ofelecng that hour in preference to the old hour OF
assembling. ave I'll before dinner said he, and
that all par" lie further stated various other
the hour Mr. Todd then took question: and
largevey large ory appeared in favor OF the interval
between and O'Clock. The merchants then smiled
their cold days work. and each departed to heuse and
home.
All the old Wall remain they have been.
There is great Inquiry relative The general
opinion be that the ef and large houses
will fall 20 So 80 per There will be
less reduction from the small houses Few huRtng
FOR houses the phrase is and tenants off for six
weeks rents will fall generally, houses Of
nuae.
Ia business nothing Of any doing. better feel
lag 70 have dawned upon stocks but exchanges
changed from the closing Of last week.
Specie has declined and quoted ST. This
decse has beer produced by of the demand
comirg from the Boston banks In short time expected
that the inland exchanges between New York and Boston
will uf in favor # the latter city, This usual supply Of do
mesc dry goods for the spsg trade win be pouring into this
mart from Boston. This will balance Of trade in
favor Of that city, and thus place them in position draw
specie from eur banks IL they shond At the last
dates, money in quiet The epaion
that they have got through their baHk explosions for The pre-
sent
Great pre- ssrations making public meetings be
held tomorrow and Wednesday nights in relation the
rency question, before Congress well sga
ure Little sp culave business doing and ocy and
position OF our banks remain unchanged.
The anxiety in commercial circles relative OF
Congress the legislature Is subs,ng every day The
OF the houses OF turning
the valuable quality Only three four Of these houses
OF the hundred have paid thirty per the old debt
Probably the disodered state Of the banks currency and
changes the fall OF prices and depreciation of values will
eunulae several millions OF tn suspended assets The dry
goods trade in very preearous aaon-so several
other branches Yet due the truth Of commercial his
tory state various portions Of foreign and domestic
trade, embracing number OF houses doing active
and healthy bussess cash short credits We know Of
several houses 10 the urpentne asur provision cotton,
and other lives that snsactng exceest business
them making money this moment than they
realized In any former So also II may be asserted
OF the shipping and mporng Interests New houses and old
houses that withood the hurricane have organized
system since spring and going
and creating that will produce healthy results in
year This portion Of foreign and inland.de
much affected BY the bank csrsenis, because they
depended the accommodations bsnks Ha-
wing BY prudence and good capital which
others hung folly they almost enjoying
poly OF the good healthy business city. In few
year these win be the leaders Of The
ests OF New York. #t8tH teU
This day there will be very extensive sale OF linen goods
at Messrs Adee Tmpson Co.'S The sshs will be Az.
ENDORSED notes. for cssh This the system pur.
sued by the Haegerys and all the principal auctonee
this ey, and gives tben great advantage the regular
importers who comp eled by the practice buses to
the paper OF the whom they make their sales II
bsprropsd The suconeers double security from sov.
houses TINT have all engagements This such
houses demur giving, II they comply with the demand the
importer viii exact the and this method OF doiss
throws the who has every meet
his engagements entirely ont Of the market
usual me,hod-to wit putting himself a level with doubtful
and suspended firms by giving do~bs security. This system
has been the object Of the sueonee enforce
the cath be had purchase goods
they be obtained short credits else business
be done IN New York and Philadelphia and that
ADOPT prudent credit system will all trade The
hessrs. Haggertys attempted the system with the tea
dealers long since but the latter resisted innovation
and len the auction the sale adjourned
day, when approved taken cash sale would be
better in all respects thing would then find level
We have received from numerous correspondents OF
the east and west valuable reports banks and currency
which shall give readers IN due time They are as
oowsL Adesaed statement OF the Northern OF KeH-
lucky for January, 1s5s2 detailed Report OF the Maine
Banks for January 1855 And long umenatye Report
presented by Mr. King the Legislature OF bc covering
law TO esmpe the bsnks ofthst specie Ray.
the 4h of July The following are some ofthe
s. a X s's . e;ss SIS $40 ss SECS. L' s.s
From this statement will appear the Northern Bank
Of Kes,nchy In FAR better condition than those efHsne
These banks beyond the Allegheny Mountains
well managed particularly In Kentucky Ohio, asd Indiana
We noihing Of Teanessee, Mississippi Michigan The
least said Of these states, the better.
Sales ne the stock Exchange.
.u n.,, us. g s1 sS.,o. S sss s-ian u,
US Oct Hud 7il.m y Boa Worcester, =, 2,
"a Ncksburrh. ~ 10 Utica, liz
20 Paterson. IS 5000 Treas. Notes, lvo
s<5 Harsem, 4ea<a
CATTLE MARKET-Upper Bulls Head, Feb 3-only
see head e cattle n todaynone fro the Souib They
brought very high pcesrangng ome7 % per 100 10 TO ~
the average heisg q 10.
week they we're al from ~ 30 to5 Ninety and
calves were brorght In 60 sold Al from tS2 To ~.
lay there large supply twas quoted At so Straw
rsther on last weeks prices
IMPORTATIONs
Bssssr-shp clemer,ne- 1880 brs mdse.si pieces bag
ring ~ ~ do bsles-1 do-2 doeoo bsrs
wbea, rye37 bags wheat 40 DO 80 lasts rye ico
G.se.w-Imase jobs Rosb16o loss ros IS do corrl
bb cement puss whIshey5 bales mdse-s pkgs-ss de-
Nsw OsLslrs-srig Timolee.-iass bbs PORK i4sS lsr.
ard-ioa hb keg srd lsrds bales
scuss-is7 kegs lard ~ Dc ard5 bales eo,on2slphss