Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1838-08-17


Pres Central Ra'l,o Dad e. Banking CO.
JOHN c. NlCOLL,
Fresl. Pro. Tenn Planters Bank.
p. HOUSTON,
Prest Pro- Tenn Marine i. Fire ms. Bank.
B. f. HAND,
Prest Pro- Tenn. Branch Bank Darien."
The Bank Of The State Of Georgia, located in Augusta,
has determined 10 comply with these resolutions, and to
resume specie payments on the LIST OCTOBER
Tennessee Banks-The Nashville Wing Of the 9th
instant SAYS "Therc is doubt that the Banks in that
city will specie payments on or before the first
Of January next and that that day would probably be
fixed and officially announced on The return from The
east of the Presidents of the Planters and Union Banks
The Banks Of Louisiana, Alabama, and Mississippi,
&C. &c. will be compelled 10 adopt the most ehectual
means for resumng specie pnymens-SPecte still lends
from Europe TO America. The FILE de Lyon l1avrc
packet arrived at New York, brings one million of dol
lars in gold Eighteen thousand dollars in specie were
also brought by the Ontario, arrived oil New Orleans
from Mexico.
The operations in American Stocks are calculated 10
maintain this tendency, by lowering the Exchange =
We are drawing only upon fIportS but upon The
stocks which sell abroad Eng land has capital and
We have the Of employing II. Her capitalists
therefore, lend il TO at higher interest than hsy
can obtain al homc.-The sums which we have obtained
in this way astonshng-but some idea may DC
formed of it, from the following extract in the last Wed
nesday's New York Express
"Thcre is no doubt growing disposition in Europe,
and particularly in England capital in AmcrI-
can securities This is evnced by The fact, that mere
are immense sums already placed in the hands Of British
capitalists II is cslma,edby some haItwo States, VIZ
Louisiana and Alabama, including all their bank ana
trust obligations are in debt nearly one hundred MIL
lions Of dollars Whether this estimate is above or be,
low the true amount il is pretty certain that nearly al
the banking capitals Of those States have been obtained
from London Recently, the States of Tennessee, MIS-
sssippi South Carolina Maryland Missouri, Illinois,
Indiana Michigan, New York and Maine, have issued
stock in various ways 10 very large amount
"Besidcs these varou. trust companies in this ana
other cities have issued their bonds which are offered
in the London market Railroads and other incorPora
tons are following the pan so that although there
is no u s. Government stock in existence there Is al
abundance of other stocks to be had. Ex.Govefhors
Hamilton and McDufie, from South Carolina, are now
their way to England TO negotiate large very large
amounts exceeding 20 millions Of bonds, which are DE-
signed TO aid in carrying out the proposed taiIoaoS
and other contemplated improvements 10 that State
The arrival of Messrs. Viking and Wilkinson, in ihis
CITY from Mississippi negotiate for the States part Of
the stock of Fifteen Million Bank in that State, we
have already noticed
Large as these are however they are but mode
rate items Of applications which and have been
made 10 the British capitalists. Now, although there Is
great confidence in private and public Stocks-ye'
i il not 10 be presumed that all The wants OF The Amef