True American. [volume] (New Orleans [La.]) 1835-18??, 1839-12-25
ND N u II II Il X EFT.

Essug AMERICAS irrIcE, Il. o.

~ Tues ny, dec. "a, b T. NJ. H.
~ ilsi That Il, arg UP yesterday ~ milky for
50 ION oanand This NOR Is but iowads noon, it fell
OH and yes- lid not largetv into tie traes as
was expers,'t lhisdispni III NET purchasers, ii is be-
iaves ar"seftoin settled 20 vittiou Inst pices
ne, ~ mai tame much langefssen4t present rates.
FAas vias q ts subject cord IN d by III fact that
nne s, tuken M s'ne ne since by large purchaser
has been transferred one uf the regular hu es for
freight Ihsre heavy creditors i, town FIR the pur-
ehssc q the staple, bur they enta intn eng gemen,s
viii, great canton in tile face Of the immense crop now
gathering, and the large stock on hand. We hear of
sales ,oay of aud upwards, at prices oflast
Saturday, viz from tosi for niddns to fair quail.
ties. Tho dem md for got fair cotton greater than
the market supply Of this description solely and as
they mpst 50 Withower Sorts this is another reason Of
III. offisllne4s noticed toIny Arrivals trday 53l3
bags. Exports 364i baer.
The sugar market 10 without improvements Ninety
hogsheads wen, to day to New York. The arrivals
were - hogsheads, and &C noasses 385 barrels We
'totce the Courier IS anx ,us 10 relieve the sugar plan
ter nn The losses incident TO the present low prices.
His argument about the pice Of slaves is so feeble that
itdeserves nptice. let the party hnse organ he is.
bring in and pass bill this winter laying heavy lutv
on foreign sugar, md while The interests Of louisiana
wilbe protected, the price WILL to til consumer in the
1 North and West not be enhanced one cent, 70. even
While The article issn low here a, the present monent
il sells in the West from 2 to 9 cents.
Tcascr, is LII. Gross may be qu,tsj at 81 and hes,
qnatity At 81 to 9 cnnts The visit of Mr.. Joshua
Dodge 70 the Ge.inan States promises turn out WE'LL
n has jus returned, and says TINT he has succeeded
in getting the duty American rice reduced to q
,aers per centner and tlat tho duty tubaccu, now
thaers per ctntner, Is in fair train be reduced il,
r. #
Government, toopen reciprocal trade with the Prus-
sian league, s rraisworhy, aud if tobacco can he adj
United, on fnr footing, Into Germany, tl,e BEN fit will
DC great % tho Western States and Virginia.
still cut off as WI are from free intercourse will,
Che west our produce business. remains dull relieved
now anItlen il trua, bv transaction that chance
throws in the wa This nornng the sales Of -four roee
to 1900 barrel. at Sc 81.
The banks are going on in their jog style, rciev-
ing their distressed dsb,ors sometimes; doing shor,
paper in some p,r,icul quarters, and on the whole
dispensing Their avnra viii, their usu. purulity Well
these ate the evils Of state banking without balance
wheel
The bill 10 allow the Genital Bank Of Georgia to
issue paper equal to twice the of its capita "a
millions, has passed The Senate. Be j, remembered
that this is the act Of anti bank Legislature. The
small hill issue ofthe Soul, Carolina Suite Bank il 10
be stopped AID the Bcnonian theory of small paper
money carried out A committee Of inquiry into nj,
the Georgia Banks has been appointed and if any ha
refuse to open its doors and bucks to them, its char ter
is to be taken away.
By the Liverpool, it was stated on the 18th, .:,1c
would aa-.'s's millions Of specie and e3s aige, of
nv, eooo'o'o were spe e Thus y.s>eo on, paying
70 Europe our debts,-debts, wb;z, night have been
avoided by wise policy TIE part Of this county,
nnyar 1,nsr ir1,p 81
in the commercial arena.
The receipts cotton this year at Columbus, Ga, it
Is estimated will be $4,000 bales much exceeding those
Of last season. Every receiving point in tn. South
speaks excesses verlast years. business.
We hive by us the annual statement of the branch
Of the Bank Ut Mobile What has been done will an
pear from this table.