Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-11-05
MONEY MARKE II.
M0mdav. Nov. "a. y. M.

At the opening board this morning. the influence
Of from England caused prices much the
rates SATURDAY This bxoyancy thing
closed heavily The owed its chief influence to the fact
that not bad expected United States Bank i'm
proved per North American Trust and Bsnksg Co
per cent Delaware Hudson, per cent Harlem, per
cent Kenncky, per cent Farmers Trust ePsr cent sto
Hngou large amount Of the Corporation water
stocks been the there being sale
for them.
The effect of the news and has very
apparent from the fact that transactions OF moment have
taken place by which prices Uncurrent money both
red and safety fund today At five per cent dis
count which has the ruling Sales Of Philadelphia
paper have been made sn per cent discount Iasuhern
exchange generally there but little change The Bank Of
Lswsucburg Indiana said 10 have stopped but the State
Bank and branches continue TO pay specie.
The Of Mr. Jaudon preserving the u
Bank agency from immediate bankruptcy has given the
spectators hope that the difficulties OF the institution
are past The general character Of the h. however
dasrou, great planting and mercape interests Of this
country than any heretofore reached When the
Bank Of England in 1897 struck down the leading houses
in the American trade found that the English interest
connected with those powerful that the bank
was forced step forward and give them aid order
that the process Of settlement should not involve too great
sacrsce Precisely in the position stands the o.
Bank She received present aid in order to avert the
psps at critical moment Affairs Of the Bank Of EBg
land VIII would assuredy attend her failure The credit Of
the Institution particle benefited the operation
which 10 one that IL tolerated will have demoralsing
eject OF the community
appears the authentic accounts That the bank
obtained lie loan pledge Of Mississippi Pennsylvania and
Michigan stocks will be rscoected that the Pennsyvan
stock was tshen partly August and partly in October and
paid Cor in Ave dollar bills which paid the work
canal Those notes she refuses 10 redeem
The Mississippi stock paid Tor in post and the Mi
ehxan taken in like She could not make
this loan and specie payments while her post note
operations making money daily With the
whole funds 90 raised she been able meet her abi
es past due while whole stock Of cotton amounting
$1,000 bales by Hamphres and Bade has been morga-
sed present value sustain Mr. Jauden. These
acts understood in England and the credit Of the In
stuoo gone Cor and Conscience in all American Lus-
De.s much quantity Of stock OF the bsnL
back which will be Offered 10 this market In day
The news wAchha probably reached there Of the
loon on this side and the srmness Of the New York and
other banks win doubt have brought matters crisis
Tn the meastme would ask WHARF is the Of
sas Of the bank which have bsea ordered by renns,
MIA a,e authorie. They should have been sss
fore tho public.
The New Orleans banks show symptoms Of speedily return
inc 10 speee payments The following statement Of their
affairs;
Nrw oHLsAss BAsKs 9st October 1889. a. compared with