Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-09-11
M . N X " M A h X X II.
Tuesday. Sept. 1916 P.M

The By the Great Western not received until after
the business at the board-consequenty il did prices
The sales rather larger than yesterday and opened
high prices but at the second call quantity fancy stocks
offered which depressed prices, and Del and Hudson
closed decline Of per cent Bauk Of Kentucky per
cent Harlemi per cent stonngon per cent United
States bank the contrary improved per There
Is change in sterling bills The Montreal for enden took
out $50 900 in specie.
We mentioned recently that had been western
paper thst the Of Indiana had lost 81 by
failure Of the broker whose hands placed the bends
The entirely without foundaonthe commits
brokers' but negotiate
selves.
We mentioned yesterday the bills of the city
Buffalo Commercial bank longer redeemed
the State bank We underand that large amount these
bills had pledged with brokers for loaus and their being
suddenly thrown upon the market the Of their
rejection The brokers offer 10 per discount for them
today
There has been an arrival Of specie from Vera Cruz today
the Of and also S4s 900 from New Orleans
making STA 900 in all These specie from
port the Emitted States another indicative Of great
Encouragement the part Of the banks which be
specializing altogether and the disoreered state OF the
changes both and consequence. The following
letter from Charleston correspondent tn, SUBJECT shows
the state Of feeling in that section
CHARLESTON. s. G. Sept. 9, 1882
Exchange the advance with aud there PROBABLE
ity Of relief soon not bank the city will check for dol
lar This bears heavily in the mercantile immunity while IL
fosters the brokers' who drawing specie shipping New
York. and checking at 81 per Checks
in the interior sold yesterday al per cent and here
doubt per could obtained This
state Of things should exist and would great
portion q the bank capital Of or city been wi.a~n from
southern paper baak (K at its hrai) with largest
capital 10 the city two months since had spwards Of million
exchange the north running maturity, and cannot
rather w check for doar-why because her agents ia
city shave southern paper you know what better
appointed President Of Mercantile Convention held in
Augusta Ga for the purpose Of bringing about direct trade
with Europe merely mention this circumstance show
what interest he feels in the mercantile community when II
suits him transfer the capital Of the institution which
he prssides for other purposes than their accommodation
The the Great Western arrived any
effect money matters to-day The opinion in Wall street
Is conflicting with regard the Of the
tain that but little has been American stocks Ne.r.
Prime, Ward King received letter stating that the Commits
sioners had succeeded in disp,.ng Of $4,000 900 Of Illinois
stocks II . understood however, that IL absolute
SALE but merely asmporay loan pledge Of the stock The
fact that the crops Of may out favorable than
expected has given better colour TO the generally
The English money market win be by reference
columns has been excited The novel proceed
ng OF the Chancellor OF the Erchcquer funding Exche.
auer Is oeca.oned great aucuson in the price. OF
bills. The from pr ~. premium and subse.
queny fell par few hours, according TO the probable
81 the popularity Of circumstances led
10 H. ua adjustment aud the public credit Of country
so Gar snsased Money exceedingly but the de-
rand Cor bullion being scnby lessescd the Bauk the
most points Of the pressure with liberal discounts
The rate Of discount cent and the final
peal Of the usory laws tended 10 make money in dc
rand. Therefore there less probability of any immcd
ate reactios in favor Of the American trade Much however
depends upon the which may have anprcd before the
departure o. the British Queen the Isl.
The political position Of England very critca decrsas
Tag revenue commerce wholly ssnds and the Money
ke completely derangcd; business sal the trade with
China entirely Suspended, and the important part Of
quite annhaed the West India colonies under great excite
men and The planters suffering severely from the difficulty Of
procuring iabor Canada requiring IN. presence Of large
military forces rupture in India apprehsnded; and
pete the scenes the dresdindeed the certntythat the
Turkh-Egyp,ian question be with the
caution aud discretion that Europeaa war might be the
result.
Al these events hanging over the commercial pro.peri
" o. England relieved only by the probability that the crop
will No, be deficient IN the manufacturing districts there
scarcity Of money and failure of Joint stock bank called
the fhcnn small affair with capital of 10000 only u
al, no, st,rac, much attention.
sale. nj the sfock Exchange
30 shares United State. Bark I05 ~ do I0a4 Manhattan
Bank 1870 DO Phen Bauk o. 40 do do North An
Trust Co. 10 do s5i % 40 6S 70 DO 6sl 3o ss rs