Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-05-16
MOI e MARK EFT.
Tuesday, MAY 1916 p. M.

The bugbear of suspension in this city having passed away
financial business rapidly reming It's former standing.
Money rs plenty san be wished for. Exchanges
Improving In all drecons Philadelphia made
today at II cent; Baltimore "a; other
points has improved proporoaay Every days mails bring
reports OF resumption by banks in different parts the
try. From New Orleans learn the State Bank Louki-
ana has resumed; in Augusta ME resumption by the banks
Of that place has been effected, and day for
the Detroit banks fellow suit and the banks Of
Stale are TO do likewise within go days BY the Lexington
Mob e the State Bank Alabama has received from
Liverpool being returns for advances cotton ard sap
posed TO be making preparausn for early resumption,
while OF the Basks OF the other pass solutions
that another necessary resumption place.
How tho next should the raising and there
10 net vast increase of demand for English manufactured
goods ly The warehouses Liver pool are
ready eammed with the Of last year. waiting
orders-ihe quantity of cotton hand Is unusually large
the numbeo bales forward exceeds that Of
add TO this the fact that AT the close of this
year there the
stock of year, and there yet prospect Of orders being
forward any extent How then the price Of cotton
pay the culture and assist the banks elsst
In resumption, We opne the credit incident imme
date of hand aud bold would 70 farther towards
sustaining the banks than the uncertain prodsct Of another
crop.
Its in this view that OF the supporters OF Mr..
Bdde doubt and nbe while they doubt-they the
New York banks IN the full lido Of successful ressmp
lon why United States Bank resumei Every
days delay, therefore tskefron the credit OF the bank
We unat rstand Messrs Prime, Ward King taken the
state loan Of bas million for the enlargement Of the Erie
Canal At 100 70 for each sco of per sck redecmsbe
after lass, having IL years 10
The sales at the stock exchange this day have again been
extensive, and such rapidly advancing lead
reacton In almost every sale advance has occurred
u - Bank improved per cent, the close Of yesterdays
Del Hudson and Farmers T. closed each advance oil
per cent; Mohawk per cent; OHIO L. T. up IA
per although the sales Of Hsaem large, closed
OF q 0,ber stocks up from
az sll.t
Foreign ex cha &c today for the packets exhibits but little
variation from last notice. the amount sen, forward was
mrrd nj previous quotations, 81 but holders were
Arm rates. Frsace 53 Ii the afternoon sales
io6i few aslow 1861 fair amount
sold al lhese rates.
hesevopemcni Of the Custom House frauds is progress
ing seizure OF French cloths srnngge5 In cases, 10 ira
msnse amount made today by he collector, inorna
given by the deputy Is surmsed thatsis nefsrious
business pracised greater en II this community.
In this ecrpon merchandise nsmber Of other seizures
viii take place. iaor lodged by the
state OF Trade.
The business part Of the city st presents busy appear
spee and ~ trade Is DOUBT acted with
the OF the goods line which not 81 ans
ted as Of the oher mercantile branche The sucos
Is aontnuc fair extent, and good prices naed
Terms are almost All instances, cash Island exchanges
are pidy eqsasug and city rcpete spe
ale the credit system viii doubt be revived though proba
bly, no, Ger n,on,hs-perbaps for the fall trade
Attic auctop sale given below, by Hoffman, e terms we're
| cash.
AsHEsContlnue with little yarision Sales Pots zoe
Shipment al former prices
CorrEE-Litle change Is manifest this Descriptions of
goods At phlsdephs, sales Rio 81 iiI Cuba "a iei
demand fair. At Havana is inst pr.c Coffee
other qualities 81 as Al Boston, i2h the demand for the
trade wasla fair bu, ~ falling prices Sales Porto Cahslo ii
lOi 81 Domingo 81 "a, CUB, sc; Rio, "a ale.
sveAs-Connues without variation. Al fhiaaciphis pr.
steady Sales New Orleans, 81 III ". Brsri sas-
Havsns, az Richmond 10th, sales Porto kto, " IlE
New Orleans 7issi Boston, 18th list msshe' was hra of
prime qualities SHE'S Htvans eci old crop, ~ Porto ~
co,7s1t Brazil, 10Th, New Orleans, By sucticn,aaes
Trauanctions This Day.
CoHee-5o0 bags Brazt osi0i sugsr--eo hfdsfh, Ftas
800 do Lagura gagt 10 90 MI, oin.
100 ~ Domingo Oh Ashes-9ce bbs Pots IL