Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-04-30
MO N IL Y nj A n X EFT.
Sunday. Aurfl % n ID MT

We stated in that the United States Bank had beer
offered large amount specie that institution in re-
turning 10 specie payments We now that depntaon
lett this city few days since to make the ser and was re-
ceived rather cavaliery part Of Mr. Riddle ho -
pied that he had tskea his position should maintain IL
without assistance whatever The resumption of s.ece
payments to be practically beneficial should be made Al The
season when the most assistance required from the banks
In the shape OF circulating medium This as the New York
and southern Banks have heretofore stood Il
the time when the crops of country are ready
Tor the market that about the October This Il the ma
on taken by Mr. Bidde In with the southern and
western banks Stepping the planters and the New
York banks re has with bold grasp taken possession of the
controlling power Of the Of the counrv and ~.
he coming crop ready for the Market he win be ready TO
and expand At the time In this position however
banks do not stand That part OF the country
srauer Manufacturing than proc ucing section md "a
such, the agency Of the banks required =, d,s.,,
he year. VIZ In the fall and spring. when the
goods are brought to Boston, which the great centre o h
interests And, also, at this Of the year
are hned out the East Indianen whaIemen and NJ W. Pr,
aers OIL OF winch influence, more particularly the New Epp
land banks, and earlier period of IN. wear Th~,.
ss more seasoasbe time for the Boston than the New
York banks TO resume and doubtless the vie taken nv M
sdse 10 have the Eastern banks hen II Is reoui
red by the manufacturing ieresthe New YORK hanks A.
the time that the crops Of which New Ysk shous be the
great centre are ready for the the southern
following up em point point the return Of the mr.
eeed e crops thereby gradually regulating the exchanges
IN" PsShk n"aneai anans On hmer octng than can
be attained by resuning on hs forced speculative
atons OF specie This win also be the csuse purx.ea ~ ,n
southern banks with whom there talk Of res.mp,io, an.
the idea there prevalent that the New York beaks win -.
sustain themselves Exchanges Orleans are .. h,t
and confused rs
The business the board has been extensive and NJ err
rates generally although stonne,sn the close showed de-
cline Of IA cent Mechanics and Commercial Banks and
some other stocks advanced II per
Notes yesterdays prices The payments Of the bank dv
dends impa cbesruInes and alacry to dealers .ad ..o
tend greatly the relief Of the narket the busse.s seems m
longer In hands Of brokers
buyers having appeared In the MARKET also slssi,o.
to invest manifest Safety Fund sul taken by
81 the banks although they held per &c dis
count by the brokers'
State OF Trade.
We feature the wsy OF TRADE yeurr
day T.sre gradual generally; the
slipping business still very good, although feghr
sis the place sfse Charles Carroll Ths auction sale. A..
BssAosrurrs-we notice no material change Ia wi, article
except Of nrmsess -four Some sales Oho have
and Troy brands he'd II o. wSsstsere very sle
4 any In the n.rLet Rye. foreign bsId 100 los Bal
ehssss insoec,on for the week ne bsr. Isl
sale Of is one bushels erega what made At ia
IN the nsrset New or.sn. a.-xs mprsssmen. n the
demand FOR 6our had taken p-eerrees hsve sdvsnc.d
sos barrel. The s.ocA sersd i very .ms-msrl.. r.s
Th-re sis arrived Buffalo sst
Cervss-This market continues the ss~e, with fair
msnd arrivals soa bags CUBE N.w 0riean' 7is insIs
1900 bags crop Ris, isi st Sss green
Moss +Thers has been more inquiry Cor this article. and
decided Improvement In prces the stock hand quite
REAL EsrArHThs sale Yesterday. by Bl.sehsr wa, :,
yerv ,coa rarshe l7h street was Two sso,x sreI
house and the not Is feet BY ~ feet