The Yazoo City Whig and political register. (Yazoo City, Miss.) 183?-1840, 1839-12-13

IIand Z. therefore az dis period, one Of very
lpecariods description; suspension Of cash
navnents being almost certain under any
circumstances, and this being az once pre-
Icipitated BY the operations Of the joint Piock
banks.
The prices to-day have been lower; Ex-
thequers bills at discount Of AZ, and bank
stock IS I7S; Exchequer bills f.. ,.5 =
not been sold az par FOR the ! ys,
which "A sure symptom Of very diihcult
condition Of aII monetary affairs The fall
in Bank stock has been % per cent within
the last six months.
In American securities there IS not the
slightest revival to report. The prices, where
sales have been Forced, have been ruinOus-
~ low. as shown BY the transactions Of yes
terday, and truly, when $4,000 of Penn
syIvania have been disposed Of at so, l50,-
coo Ohio six per cents at 81, and smaller
amount, 10000, of the same stock this NOR
ming at $50. The shares Of the Bank Of the
United States are fl9 10s-there being
the only American security for which mar
ket can be said in reality to exist. =
Respecting the operations Of Mr.. Jaudon
Of which the usual food Of misrepresenta-
tions and fabrcations will be found in your
files ofthe London journals, the folIowingis
the correct account Many moths since it
was proposed BY the body Of capitalists en-
gagged GENERALLY in American securities, that
in order TO relief the London market from
the mundation of American securities, a
transfer of the amount of f500,000 should
be made to the house Of Hope g. Co., Of
Amsterdam, and this having been favorably
entertained BY these wealthy bankers, was
about 10 be completed at the time of the
unfortunate occurrence Of the refusal of
'Houingeurs Of Paris TO accept the bills of
tie Bank of the United States. That oc-
currence had the effect of breaking off the
negotiation between Mr.. JaudOn and the
MessTs Hope; but after the fashion Of man
kind In general no sooner had Mr.. Jaudon
.succeededin obtaining the recent subscrip-
tons for loan of f800, 600 in London, and
consequently not indis?ensably wanting the
assistance from Amsterdam, than the Messrs
Hope offered to reopen the negotiation
and this being desirable, but not absolutely
requisite-has been responded 10 by Mr..
Jaudon, who has been over to Holland and
made the general arrangements with the
Messrs Hope; but without having yet con-
Ecluded the particular terms ofthe loan.
The consent Of the King of Holland hay
ing.been required BY the Dutch law, has.
been readily obtained. and the Messrs Hope
wrote on the 2Sth of October TO invite Mr..
Jaudon to return to Amsterdam. in order to
complete the arrangement Of the terms of
the loan, and the securities 10 be deposited
with the house Of Amsterdam. The loan is
to be for 10000 600 of guilders, and proba-
bly, to be for FIVE years; but the time, terms,
and all particulars, remain unsettled
Mr. Jaudon being on one hand very DESTROYS
of taking up the money, in order to relieve
the general market for American securities
and to strengthen himself and his connec-
tons and friends, with abundance of resour-
ces in the times. ofpressure which are sup
posed to be near at hand; but NOT being in a
situation Of the slightest compassionate
does not intend to conclude the arrangement
on Instantaneous terms. s
The harvest of the kingdom may be con-
sidered as concluded, and The result such
as been for some months foreseen. ia Ire
land, the whole of the crops are described
as defcent--even the potatoes being in
ferior in quantity and quaint ~ ;and Of wheat
the public journals represent the crop as
"not one third" The markets have COM
menced TO rise in London and the principal
provincial townsville rise in wheat having
been about IS per quarter since the sailing
of the Great Western. The duty. neverthe-
less, has risen to los Sd, per quarter on for
elgn Wheat--the consequences of sales of
inferior wheat in the early part Of the recent
month. This state of duty will be rapidly
altered by the rise inthe value of wheat, as
the improvement in the quality is caused by
its remaining for a time ia the stock. The
prospects of the export trade of American
-four to this country are not worse in conse-
quence of this unusual rise in the duty, as
there is not much doubt that as the winter
advances, the whole Of the grain markets of
the kingdom will advance 20 rates which on
ly will be limited BY the distresses Of the
nanufa curing population, and the impossi-
billIty ofobtaining sufficient supplies offood.
The accounts from the. manufacturing
districts are generally gloomy the
scarcity Of money and the falling or in the
export ira e-causes a strong belief that
the cotton mills viii not be worked for more
than three days Of the week Of the ensuing
winter months. Cotton, after declining
about I'd, since The departure ofthe. Great
Western, has recovered about I'd per lb.-
the market at Liverpool yesterday having
been SUSTAINED, and the sales 5000 bales
This improYement,in the market has been
unexpected, and no confidence in its con-
tinuance is expressed in the letters from the
largest houses engaged IN the trade.
The liverpool steamship IS expected
with extreme anxiety,-as there has been
no arrival from New York since the dates
brought By the British Queen. Nothing has
been heard of the packets Of the 9Th Of 10Th
but-this Is not surprising; as very stormy
gales hare been prevailing from the north
east for the last ten DAYS.
FTNaorrs