True American. [volume] (New Orleans [La.]) 1835-18??, 1838-10-29

decline the stocks attributed
expected atten the loco tickets
elr.sns We hye alread, explained on these
atock market in Wall the money
aAairs q The nation generally Fancy aud other
advanced 100 rapidly aud too much, to sustain themselves
The real condition of commercial idirs bet seen In the
mo. enents OF prces-or the vari tons in raluet.
Since the resumption OF specie payments the general prices
of Commodities have held their some Of the m
have ADVANCED. v hlna few Us.
Intelligence received of probable demand from England 1t
has since fallen hack and viii vrry Slowly al, price,
with the season the natural OF tho demand Cot
ton also stands firm, much power the large
holders the 'ter side the ptop tho present crop
healthy and steady,
fhu staples ofcommcre mainain their position
profits ct balls and he',s7 Not we.
To-day, considerable transactions took lare in foreign
1hBngc for the Royal W lillian The United States
Hank has been drawing for several 1904 This
al other draw down The the
United states Bank, the rates Of bills would advance
10 ll0t Yet this would only be temporary. general
opinion sya that foreign exchange viii TALL lC
Q, The hulk of the bills are preeipi
tated ntn market The Isl OF October of the
The of the United Bank ire therefore
looked great ntorest-aud have become matters of
desp speculation That has srgt amount of funds
an EnropeTroi ably Sl5UlOuG0 In addition
ennsignments, held y it has disposed of
large es of during the present year Tho
bank here Is therefore, drawing ib9l from
tve 1t be anxious procure European fauds on
this side for the pupo:e OF preventing of
the present cotton cop Europe This senson
That large qnanlt Of exchan pay for goods
10 purchase them II some nstut did not step in and
draw en- Its either the or Tho
must go to meet the oftrade the ba ance
Of paym7
The measure of the bank. drawing I0al therefore,
conceived with the usual taleut anu skill OF Mr. Bidde.
southern bank, doubt, join this policy they are
identified IN the the Of the
price of cotton in Liverpool and the preventing our
specie from going back TO Europe.
The pos ton Of money aas in the northern
therciue. steady and healthy, spite of The
wadncss Of the elections IL the southern and
ASSURANCES making by the hunks January
next We aludc particularly Ala anna, Louisiana and
tne sonth west generally. These efforts will, however,
pend entirely on the operations Of the Darkets
Eope these anks before the cse d: year
sheir cotton funds they the period snatod
nnot not In this view the If the manufacturing
body OF Eng anu Will exert iuence
insnts here.
On the who'll" mustsay that spite of politics-or pa
'ics or untow elections this eaduny
rapidly recovering from the of 1851
~ have the elements abundance any other
and like atio Our elasi ty puzzles and
mysihes all English hBaucers. In history of
England they have experienced severe as was
Of last We refer particularly to thai of 1919 10
and again that of eg5, The ines of the CONNER
eai classes in England during these pei we're much n
than thing in this tho manic
and of these eriod grsaer ider tan
In fact there is people elastic the people of
abs country. AS the old song says,
II we fell VIC aye got up again,
And sHc will be yet
aud will be yet.
SATURDAY, o-tobrr 29-i2M.