Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-11-21

The coming year, indicated in the above
table of receipts will be much larger and yet with this
influx of without any urgent foreign demand the
New Orleans banks continue in state Of suspension The
continuance such policy will be disastrous in the extreme
to its standing commercial city. As have stated, the
proportion OF the above produce the
property Of farmers in Indiana, Illinois, Ohio, Mississippi
Kentucky and Tennessee viii these people continue to take
their articles TO New Orleans and dispose Of il at low prices
regulated the currency Of New York and Liverpool which
are the markets. receive thu pay deprecated
eurrensy7 The oevou Already depots form
ing the towns the banks Of the Mississippi from
whence ship produce New York for the ene6t Of
hsr sound ccurrency.
The suspension Of the Philadelphia banks is far differ
from that Of 1896 when general overradng and mseen
duct brought calamity the whole community
The greater part the banks headed New York. profted
by the experience then afforded and avoided further difficulty
The Penns plunged deeper the policy and head
ed that system boering every hingof which as far IS cot
concerned Orleans the theatre The operations of
the specuators the Nole schoo NJ Orleans backed by
the we'll known have been the immediate
of all the d which have attended the cotton trade DUR
ing the past eventual They in condition to
resume and maintain themselves firmly by cautious
policy and connns their facilities to the actual Of
trde TAe bank tables given above indicate that such 10 their
present system their cuaon has increase scarcely
than the receipts produce warrant and
nearly equal amount OF bills drawn against that produce
This proper small degree Of Encouragement
on their part will Involve the opening business Of the
year in still greater difficulties than those of the precet ing
The American orths evening lis out with article giving
details Of proposed Of the graves character III
q proposition originating vi tn Pine Co. who the agents
ofhe Barngs for the consolidation Of all the State Stocks
amounting to 5000 go into national debt The Bar
ings are interested in State Secks than any
other the disasters which about overwh,m this
description Of securities have given rise to the project que
tion whereby The fearful ofaxaon will be
fr the feasible Of the customs We shall 20 into
this at length tomorrow.
sales at the Stock Exchange.
$4,000 Corn Bonds el-$lOO0 Philadelphia Drafts 90 10000
DO eli5o do Bank Ia lis do Tai s0d IS Do 74I20 do
Merchants S. 10 do $40 do Ph,nh Bank IS; 30 do &C.
Dry Dock s 100 do 81 30d IS do 66-20 DO Bank
Com esI do % do Ohio Life Trust $50 do Ken'y
go do Mchs Bkg ASS 62 90 do 63i 80 do $40 do
Am Ex 75l 10 do 1915 20 do II, AZ 10 do 6725 do Del
Hud 81 s5d do 62 so do 62l bi0; 100 do 81
So do 63i b6Ol as do 81 do 6i od - d. 62 b20J 100
% 81 ssal Is 10 oai 3Od 100 do 62sss d. Trust Al
Goa sod; IS do ii, s2odo, do Carton Co Bait ao % do
sei do 80 b6d; 10 do 29li5 do Mohawk %; 30 do
IS SOD rs o35-70 do Paterson Ala 90 Boston Prov
e6; IS do est6 do Jersey hoad IS; 50 do SAL Soi
60 do sal s6Od0do Sonsgton l6 % do 6 bS0 50 do ~
100 do Harlem a0 $50 do 40 tw ISIS do 4ol tw 90 do
CO., 800 do A 1880 do Utica Syracuse loot 100 do i0o