Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-05-21


MONEY MARKET. SO
su mday, May lS--o =. -
he word NJ The stock exchange yesterdays
shs sales were all sssd
b<r<r with the exception Of U. bsnA, w.'cn " s'asy
Del Has sen rose II per senL and state sssk c''e ~
v,..r.. ~ "a prr ces prices OF Friday Harlem
-. - -. g.. hn, from the quantity offered fell on 70 an Inn
,rov~e. of /, on hs close Of Friday oer stocks shew-
ed an advasce II per cent Treasury notes improves
sses Of g per cents al par
Auhsugh the Lsnei smith sailed To-Day, ncsnse
v,. done in ,oreign exchange yesterday.
Money m very plenty In all street, and exchanges are
daily improving all recisns Philadelphia was held
m 81 per cent isye uncertain what eject the BY the
England wahave market FROM present appearances
the cotton Europe musa esrsiy Iha since the
OF this fallen Id H. every week and
only hope of that side Of the water was
dependence revival OF demand here for English goods
bare Of goods of that descrp on bat yet the mpoe'
for sendng orders for iu supply
In the tia this condition of things working ieasy
against the holding banks, although the ian III ~
Biddes' financial talents continues undmnished as yet "se
plot thcken instead oh prospects Frightening 70 h pun
lie view they ppesr involved deeper gloom There seems
squal yet coming from wbic capitalists are esposeo -
shelter themselves until has by Bn at the same um
the very liberal in their discounts and TOT al present
business purposes money plenty But IN ihe iateo
this case; and merchants IN the present
state of ngc OF selling on credit TIE buR OF e
business still cramred This may create revouuoh IN Tue
of doing learu our Nothsrn sahuiac
already Sou bern markets buying cotton lot
factory nurposes The goods will be
signed points for consumption, and thus step In
between the English manufactured and home consump-
ton and be thus enabled successfully compete with
foregR hrsugh the assistance of Eastern and
Western banks already resumed.
Monday, May I4-G II. NJ.
extensive business has been done this day at the board
brokers' and generally improving The sales of
United States Bank very and the first 700 shares
sold Improvement of II last sales bat the
quantity offered had the effect of depressing the prices
declre Of per under the close OF Saturday
large suanty Of these stocks the property Of the
Charleston Insurance Offices sold their losses,
and them have returned from England The sales OF
all other stocks large and improving rates Del
Hudson per cent; Phenx bank advanced per
Harlem per cent; SonngoR up advance Of IL
per and Of the others showed Improvement o.
iper cent So large firm prices have not
Cured In long The ef the committee from
Philadelphia with favorable from Mr.. Biddle with
regard bank under the has given
new impulse 10 returning cosfdence-the fnancies of
the Bdde policy There formed for the time, apart from
politics, Bidde party and anti Bdde party among san
cicrs) in high spirits One capitalist heard to
he would. without hesitation, invest large fortune in
ynited este Bank stock had he the opportunity There
sshss who look askancs his cotton operations fearing the
results
The imporaiioas spe s continue such immense
amount that prodsces giut in the market BY the Phla
dephia from London this day has been eeived In
geld U. s. Bank and es5osso Prime Ward
King fhs surcharge of specie must again set in motion
per CREDITS and all that wanted to regenerste confidence
thereby the current OF trade in motisn
decisive part OF Bdde, do away with
doubt yet hangs myserousy around the capitalist
the han and equalze the exchanges The estab
hment bank Wall eet, under the ample provisions
OF the Law, will eff CT this
The process equaiz,on consequent pom the resumption
banks and the preparatory eurtamcns of the banks
States, 10 of whem by the frs OF
January next still going sad day witnesses i'm
in exchanges Money never so plenty In this
city as nov.
Tuesday, May 15-6 II. M.
The bugbear of suspenoa city having passed away
financial business is rapidly resumng its former standing
Money rs plenty wished for. Exchanges still,
improving directions; Philadelphia sales made
today II per Baltimore at "a and on all other
points prepoonaly Every days mails bring
reports OF resumption by banks different parts Of the
nv From New Orleans learn the State Bank OF Louni
resumed; In Augusta Mes resumption BY the banks
place been seced and tomorro Is the day for
the Detroit fellow suit and of the banks OF that
State are likewise whia 90 days BY the Lexington u
Mobile Bank Of Alabama has received esseoe from
Liverpool being for advances cotton AID sup
posed be nakiRg preparation for an early resumption
While some OF Of the other pass solutions
that crop necessary resunpoa takes place.
How the crop should pay the raising and there
not vast Of demand for giss manuiac :ured
Foods The warehouses 10 Liver oool al
srders-the quantity OF hand unusually large
xe gose exceeds that Of former
~ add Ibis the fact that At the close Of sh
there 81 80 lbs cotton The
year. and there yet prospect Of orders being
Now thea the price Of cotton 70
pay the cuure and assist the banks 70 ANY tist
res~pden We opss the credit incident on an imme.
dsse on psn, would farther towards
usainsg the the uncertain product Of another
crop.
lis in this view Of the supporters of Mr.
,adie doubt nse while they aoubr'-bey the
New York banks is the fall tide ef successfu ressmp
Jon why does the United State Bark resumes Every
delay therefore, takes fro the credit OF the bank
We understand Mssrs Prime ward King have taken the
tate loan million for the enlargement OF the Erie
Canal n each 600 offs per stock redeemsbe
lfaer 1855, having ~ years 70 run.
The ock ezchasge this day have again been
,1xnsve such rapidly advancing may lead 10
every sale advance he's occurred
o. improved per the closs Of yesterday
Del Hodson and Farmers T. closed each advance of
per Mohawk per cent Ohio L. r. went mp II
per although The sales OF Haaem large II closed
advance OF Il Other stocks up from
per cent Treasury now', sizes, sui at par.
Foreign erehasge today for packets exhibits but
from last notice; the forward
lnised previous quotations. "a hut holders
made iesa few low 1854; amount
sold n these rates
TIE sevelspement Of Csstom House proeress