Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-10-01

calls isr exchange - psy os sosd greater than the su
ply OF bills necessary shatspece slosa 60 The drain
will be no greater Aa the debt owe, will cea.e and
turn back upon the the erops 70 forward !, a.
amount All attempts 10 check the natural movement ar -
anticipate sale are part Of the susckery which the
mercantile interests have long lain crushed The amou,s
ofsPecie which goes BY the British uee. will probably b.
large, partly on British account, being arrivals from South
America partly on account Of brokers' bills previously
drawn and some Of il shipped BY importers on their own
prerrsncet buyog the bank bill, At % dav. ar
those Of amore doubtful character without city
some remitances are also making u. bank stock.
e "em"ha Tor una purpose caused Improvement price,
rms stock has for some time, been avorits remittance
win certain brokers' II has gradually declined in Lon
don and here's but the this side uniformly been 80
lar below the London leave good margin to shp-
pe In July last the price Loudoa about equal to III
per cent at that time purchases at 1884, At
latest account from London sales made
ITO III per cent and yesterday purchases were made at
the stock board at 1885, showing deciue Juy Of 10 per
centin this market and per London Sons OF the
Wall street prints prasrg banks drawing &C.
tou bills proven, specie from going abroad who
but lew wecas since recommended ship ali their
specie speculation. OF what benefit it the merchant
who cannot get money from the banks his
they have large OF specie hand Yet banks
will not discount because il giving the merchant
OF paving his foreign debt specie time when they
no bills on England 10 offer him
in the interior specie continues 10 travel from one pont TO
another ON account The Chicago bank paid
the 18Th sos 600 III specie OF the money received
pose from the Milwaukee land sales This money distri.
bned noug the Indians the 500 we're re-
ce'ed at New Oresns from St Louis the Commercial
Bank The greater part oftese receipts again shipped
to New Yc and probably drawn asain. ~ banks
thy have recently reduced their New York
selling freely sight checks per prem At Mobile
sight bills on New York at 10 per prem
Al New Orleans affairs asfunlng healthy appear
ance Already 1000 bales of the crop have gone forward
to Liverpool and sterling bills pny at
per cent Many Of the English agents who cautiously
last prepared and taxing They
however different class Of de- from tho~e who ast
year advanced ON cotton.
The operation Of throwing property upon the market 10
raise money extending and working healthy equaa.
on Of prices upon srm footing At Baltimore advev.
ed for sale at auction, the 9th rroximo $4,000 Maryland
Ter cent stock pledged to the Com and Farmers Bank by
the Cheapeak and Ohio Canal Company. sale Of bonds
oes aud stocks also advertised Albany for the
October the assignee follows the amount OF
$37il executed to the Bank # Washtenaw Also promsory
notes payable the Bank of Whteuaw Of Ss7
237 apos note Of the Bank Cor 50 together with IS
shares stock in the seambo. Buffalo aad certificate for
10 shares OF stock of the Buffalo Fire and Insurance
Company These part great settling
up" operation which going forward At sales men Of
wealth ines, in such property really yauabe and that
whichis based on" kites aud horses" with
valuation At the time all mechanical business in the
cities gradually becoming quiet contracts EXPIRE work
men are discharged This is the particularly with the
ship yards There contracts fer ships and il
Is understood present engagements uied the
workmen will Sc discharged The facts with
business Every week, the number Of of en-
plcy increases.
By this operation the price Of labor diminishing in proper
ton to the TALL IN the prices Of aad
cation that Affairs will s,oo really have touched bottom
produce has begun to eoms ward and prices rapidly fall
Jog before its abundance Much property su.
tanned thesank peeuats who have TIM, far held o., =, i,
with "death grip" The dow sf specie to England will
eectuay put an end to this; AID the prices OF
produce goods real estate being 10 their west pons
al the same time ht the supply abundant the cure wil
commence Capitalist will make contracts for buildings.
ships and all descriptions Of enterprise; labor will be once
more IN dnna consumption Of good. asd merchandise in
rising markets will encourage more e,t-p I'VE ban
ing movement and, with skin and rog ery than ha.
heretofore been evinced by the gentlemen long Pc
rod Of prosperity may eusue.
SALES at sse ssock K xcisanue
s'5 SHARE. Bank 1904, cpsh- do Iaal doso a.
do lo5l d-ieo do dc io2 80 d-i00do do ioa apd
-25 do do, lc32 c25O do Corp Bonds go dc Ri Of
CON 81 c-i3o do do ssi. do Del iiud 80 hnwio
do do 5sl Go do 49, w-so do do Sc GO do =. ssS
ad-to do do So 20 dloo do do Az Go do 10 60 so
do S7 Sd sos do do S7 els do do 6inw SO do do s7I
20 4" Am TX Bk 90 10 do 10 10 a-loo do do sot
10 do do 10, as do Ma Bk 90 sas isc A. A.
ssl so do Do saao DO do ssn do do ssi easSo
no. sst w-sV as do Ca c25 do do SAL do So 20
dso-ioo do do S. 10 10 do do 53-ls0 DO do Ssl 30
eo-.o DO do Saa c-oO do Big As 7c,-ioodo Vcks-
,srs Bt ss eaoo 90 d. sal l.. Oe,-sO DO 81 Of Ksny
do do 10 .3i eas do do - Go do do T2l 10
so do do 7as-so do Manhsitn L. 10 50 do Nsh.~k
sat w-2S DO far 4it, 100 40 90 aIs C LOG 40
do a. 60 do aa-l7s do 20 ar 100 do a, al uw-iO0
DO do an ~ 5000 do do A. 10 d. 100 do do an, ~
ooao DO avg b3d-'a do Boston Prov o. c75 d. 10 a.
% 100 DO do p6 90 d-25 do do DOL 80 10 d. a.
80 do do RRs sal, w-a5 do Unea sshepee,aa,
ilsi,c.
9snso Of Trade.
There .. but little rarkets Ths dry rood
trade has been more dali this week than fr p,,ou,
weeks Psicss OF goods generally failing viii cont.
nue. To- do % the produce Of the arrives more
A. the news BY the British Queen west cutting oHth.
hs,e ola large foreign depand for bresdu6 the rn.r.
are more willing yield 10 the offers Of mess contractor.
hdrover who 'n their turn nsposed operate,
The hanks not condition 10 offer usual
bet the sbundance Of the and the low Of prices are
inducing sastern capitalists forwasa opcrst. The
result seen 40 ". .rge arrivals of proasee the eastern
Jake ports At Cuhlo the arrivals for WEEK sudrs ON
de 2ah, sst.d at ~ 6a3 bushels of wheat p barrel,
Of -four LOS keys lard sos bushels corn. At o.w,ro
y 900 bushels OF wheat received Sunday asi
BY the nsr' Of that place from Lake Erie These move.