Staunton spectator, and general advertiser. [volume] (Staunton, Va.) 183?-1849, 1838-01-04
Correspondence efthe Nat. hateli,gencer.
New York, Dec. 23.#

| .uo present. Or JOHN COLBORNE having
dispersed the Patriots at Grand Brule, and
taken 81. Eustache. But there is a little
cloud gathering in Upper Cansda, which bids
TAR TO rise TO great storm. Mex ENzIp,
WIN ABOUT oOO persons, pretty we'll armed,
Navy Island, British Island, which he is
terrifying, and from which he intends TO
make sorties into the Province. Leudon
district is reported to be in a state of insur
rection, but this statement wants contirma-
lion. This force is under the command of
MIR. VAN RENSSELAER,, formerly of Alba
ny.
From Vera Cruz we have dates to Novem>
DER ~ nj EXIcO was in a very unsettled
state The United States ship CoNcoRD
was there November %, and in eigh, DAYS
was to sail for Pensacola.
From chilli, September Is, we learn that
an embargo had been laid on all the ports of
Chill. The expedition against Peru sailed
on the 18Th.
The rate of Exchange on London is now
loS l>2 another fall OF one per cent AL
ready, see by the London Times, shipments
OF specie are 10 be made TO this country. AT
The present rate, bills will, be sent OUT 10 buy
specie with profit.
Exchange on Natchez has dropped down
TO III per cent. premium. Our merchants
now begin to put confidence in Mississippi
paper. .4..
United States Bank stock TO day is 100.
AN STOCKS are little hrmer. Specie is a
bout per cent. The country banks are
now buying il. The "Government" is in
The market also buying it through the agen-
cy oil the Bank OF America, lis fayorite bet
here.
Inc Albany Argus is seeking to inculcate
The idea that The Administration ia not hos.
Tile To the State banks, but that the Wines
are their foes! This will be queer logic in
Washington.
II The Post Office would let 60 the small
change II now boards up, shin plasters would
be banished from circulation.
The next Legislature of this State viI re,
peal The small bill law. So popular is the
proposition, that il the Senate oppose il thu,
opposition will cost many Senator his seat.
ne Governor will approve the law of re-
peal
treasury drafts and notes are very dull 3 4
per cent: under paper par, with no favor in
me market. Hard money Government
uoid and silver constitutional currency
All who do business ON borrowed capital
ought TO break! Paper Barons! Irredsem-
able rags! and SO on. .Nota bene for The
Globe
The packets from Europe are bringing
large cargoes. The Sheffield broueh, Jour
times larger cargo than we have seen for
long while. This will fill Uncle Sans noe
kels anon
There ID very large stock of Western
FLOUR here. and the article is heavy in the
market.
This is the letter from our regular corr
respondent, which ought 10 have reached ne
by the Express Mail on Sunday evening.
New York, Dec. IS, 1887.
Navy Island (on the Niagara irontisr) is
YET IN possession OF the Upper Canada "reb-
els VINO are increasing in strength, disci-
pine, aud Notifications, under the command
OIL Ien. VAN RENSSELAER,, who, il is said,
was General HARRIsoN's Private Secreta,
ry during the last war. Sir FRANCIS HEAD
had reached Chippewa OH his way thilher.
lie intended, II Is reported, TO throw bombs
ana Congreye rockets on to the island from
the British side. There has been no engage.
ment, as reported, at Navy Island. The re.
port OF McNabb's defeat wants confirmation
lie writes 10 Toronto thai he has l 500 loyal
militia, and horde of Indians, with whom
he is in pursuit Of the patriot Gen. DUN
ComBE This is about all the news from
Buffalo and Upper Canada.
SIR JOHN CoLBoENE, perhaps the best
light infantry officer in the world, and man
OF consummate ability, has guelled all re-
Deliion IN Lower Canada for a while.
sac by the Eastern papers The British
have been making military road, 30 miles
through the disputed territory.
This being Christmas, little or no business
IS done. Before the close of Exchange On
Saturday, bills ON England were dull at 100.
They have not been so low for long. long
while. The Globe is congraiuIating itself
GA the restoration cfEXchsnges Exchan
ges on Boston three per cent. and on Nav
Orleans IL. Dc Charleston l per cent.
on Detroit Is, on Portland q per cent. and
on Nstchez 10 10. Charming regulation,
ell This Again, bills on Utica, in this
Slate, are about one per cent below par. !
You sell bill here for that, and 20 with
your check to the bank, and they nav YOU
Out Utica bank bills at par! Charming reg.
ulatIen, this. The worst of this is, there is |
no 20 certainty OF any rate. twenty days ahead. |
-FOUR months hence, Exchanges on New
or'esns may be 8 per cent. With these
uhcer tainiIes and mutations, how Can men |
90 SAFE business Again, who, or what |
bank, now here in this importing city. will |
cash notes TO be paid in ST. Louis, or Nat. |
chez! Who will collect these tor merch, |
ants here! The fact is, the Globe Lecoioco
party has broken up this UNION, as com |
merciai Union. Politically we exist. but az
a mercantile People, the Union is broken nm |
New YoRK, DECEMBER 26. |
Sir RAEcIs HEAD, Governor of Upper
Cansda, has sent an especial messenger (who
IS now IN Albany, demanding The snrre,.