Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-10-11
N q ~ K Y M A - X e II.
ThmruNav lDcf lO-8. p. m i.


MOME " MA - X EFT.
Thursday, Ocs lO-6, p. m.
The Liverpool has arrived, bringing Of disastrous
character and sar that which reached yesterday from
Philadelphia Wall much interest," but without
panic There great deal Of confidence in the stability Of
city banks and disposition apparent draw specie
the stock exchange sales large and the fall in pr
great. u Bank declined per cea N Am T.
Blk sper cent DEL Hudson u per cent vcksburg IA per
cent Kentucky per cent Mohawk "A per cent Boston and
Providence ~ per cent, Harlem per cent
stated Albany paper that the loan Of $aoe5 $40 90
Cor the construction Of the Black River Canal 1.-THE residue Of
the authorized be borrowed BY the act ad
vertised for by Commissioners Of the Canal Fund
taken Monday by The Bank Of Americas TO be paid as
follows $lO0000 be paid between this and the 10Th Of
November and the balance $oe6as 90 to be paid in eight
months, which will probably early il will be required
Every thing apparently quiet, and both the hanks and
bankers waiting progress Of u s. Bank notes
were not purchased by the brokers today and the rate for
both safety fund and state security bills varied from TO
cent. The failure Of stock broker announced; the
amount very heavy The question every
what will the banks do This by certain, but
thing evident If their condition strong they
represent the osy true DO nothing but firmly
maintain their ground, pay their obligations they
presented and the honest principle Of meeting
their all hazad Many Of the banks appa
renty anxious for Theee principally such a.
have had the greatest des sustaining themselves hher
and the Of which ca such securities would
advance price in Of susPesson Many Of the old
banks, the National City, Manhattan Bank Of Amcrc, and
Others perfectly strong and will have difficulty in
going through with their resolution pay specie The absence
Of all panic evidence that the amount Of bills in crcus
very small or the depostes the dnpcssble part has
been previously drawn or notes and other
Of sound and healthy state Of things and those whose wish
to prolosg artificial positon Of property II coneu
tien bstwees the redeem~bIes and the .rredesmases
The Of the ste<k market win explain the POSITION
Inmsdial the suspension Of the u
Bank yesterday stocks became 6rn and but little DONE
The opinion prevalent that general Suspension would
sae which would rise oprhaps 10 per in stocks
Attic board this nornug stocks opened hga prices but
il bscaas evident that Banks would show front,
prices FELL and will continue fall the Banks perevere in
present position The eroPs coming and
qusptly the balances dse New York becoming settled
The supply Of produce from the will place
dealing In tina, quarter In easier circumstances
while the shorDes Of the crop England will render the sr-
port profitable, asd basis for exchange thereby furnhed
which will be very opportuned 70 the importers. A
sudden stop bssg put, by tho failure at the SOUTH 10 all
operations Of the banks and the capitalists
will Aow its gim2te channels through the actual
business paper Of the merchsn The strength OF the New
York position manifest b. the very apology for the
pension PIT the PIsdslphis papers, they N
hey had stopped they would have had to pay s4oooooo
New YORK; therefore they ought to stop They iser
that AZ our merchants this money abroad they fail
the The former with perhapsbs the they
hold Philadelphi4 which worthless to them.
The position Of Affairs England fully realises predic
on Few days SINCE the character Of the which
Liverpool might bring In addition to the general
which explained likely continue the drain Of gold
from bank dshoaor Of the " Bank drafts and the
failure ofs crops thu northern counties have occurred TO
enhance the diaus Of The nes For the posos Of the
AFFAIR." Bsnh refer der TO the able letter
correspondent another column The crop will be posi-
lively short isrg. and bad already gone
the eo.sess fresh and the greatest activity and
rising pv,ces prevailed in the European markets
TIE rata Of ensusd to the continental
markets. az The bank. column shew
the bslss very loo ekb with screassg export In the
midst Of these dhcue the failure Of the U. Bank
Nc easseements 10 eslcalstsd have effect Large
aoaus the soek Of that institution held BY small esri
tssts az permanent investment and the distress oecasossd
asone this will Be large 81 lie bills
or erchsnc have bees resrSsd under protest different
firms this sy Private letters that the difficulties OF
Mr. Jaadon the crisis and he should be able
tim hims-f until the arrival Of the Great Western, the
sh Of October ~ wsuld probably get through safely
sales nc ~ Stock Exchnssc.
$3.50 Corporation Dords os,<o shares Bk tw %, 60 do
ss IS do osi - % ~ $50 10 Union Bk 80 do In
TO- 40 es-io 10 nIiso ss-sos Do Com es-7s DO Del
IIud s7h ST. 80 DO ssi 80 10 sci 10 do sc IS do
sd. ss ss 40 a. . !. ssc q s,i leo a. d. ST.
si-5e vieksbsrs ssl % a. sl2nos "a 100 do "a 50 DO
G 40 S Ss,sp DO Bot
Prov RI - 40 90 se 10 as sois do Jersey 80
:: !. !. 4 * ss .. =. IT, &c q $
Hi E.a
The CROP North Drtas have failed and EasIsnd -,
vast ssc.t ef.,o NEE, her Consumption.