Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-10-05
m NET Va a II X X It.
FRIDAY. Oct. "a p. IN.

An Increasing pres is evidn in all the money circles
At stock Exchange this morning sales not large but
puce. showed deen. from the rates OF yesterday
Bank declined per cent Delaware and Hudson per cents
Harlem Rail Road ~ per cent North American Trust ana
Banking Co. improved per cent.
After The board but very little was done Money becomes
still more scarce difficult be procured u s. Bank post
notes bearing and having six months TO run have been
offered al 2per per month Auconeers paper very
dull n per cent per In this position is wonder
that failures increasing number and amount The fa
ure Of Warren an broker which alluded to
terdsy one ssir dive Of the peculiary ofhe times This
spetcd in the street stock dealer and
man large fortune He commenced business since
with property 0oO and successful The events
Of accompanied BY great fall Of s'ocss hea IN
voved him. others in the city he has since tha
sme been struggling hopes that turn oil ANA would
exrieae him from old aeuss The present pressure and
continued fall in securities however, brought him down.
Hi, ab. are stated At S,o00oo and his assets $780, ooo
showing large supa entirely unavailable in the present
position OF the market Nearly the state Of things aP
rre Of the Pearl street house which we men
oned yesterday This perhaps one OF the staAaches houses
the trads aud has aucoubted surplus Of nearly Sooo
but down by I'D d,cucs New failures are
., no means Of heavy jebb'ng grocer was
TO have stopped today well known house Of
neca years standing and the toppage the more remarkable
q the sreeers generally supposed to be comparatively
easy cireumstances This has also been ury heavy day
asoas crochery Dealers beng Of the two days Of the
year on which the payments for glass ware are made
In the midst OF this distress. which developing it.elf grau
ally in all branches Of commerce. the banks doing little
or nothing towards is relief biscuit negotiate has !
descriptions paper become, tina, the auction stores
which are usa, Of the dry goods trade TO raise
money BY forcing ~ g pre,ent but very dull business
The sae dry gos. nos,hs by John sggety TO day
CONSISTED Of ie ony and dragged on very heavily at
low prices This fact ksu by Of the trade as an w
eaton that the dy good dealers not much pressed But
We Of ep;aen large amount OF goods would not
and buyers except rsaess rates Al sin months for which
sueonee paper would be ahea and that cannot be Degos
ted 81 per per osossh and in instances not
81 all If We look eastward 6nd totally differ
sut state Of things s,iseed BY tie public sales ther- large
sale sf Hampshire woses TOOK place within week, on &C
eo.nt Of Jane. Read Co. This sale allowed BY tho
trade to best which has taken place for long s'
and ineuent cs who attended the sale from this city,
ss,e the rrces r, @ wsr. least 10 per cent higher than
could have been sbaiHed ksrs Sndcr amy ciroumances
This difference Ia che state &c the markets must be acribsd
the currency ef New England under the
nasemept suoh Bank Under the control of that a-
ton the other bas.e uoi ertesd tn sues scycn the et
Gmaie ~asis rade speculative
Cor loans wha an, Of inere. paid s,,mua
ted into existence The bks have her,fors
shc ivin ut 10 the -rch nts and
oil the assistance the state cf sir business r,qu Tit. u
apparent in tn returns "f he dividend. the Boston banks
which pushel yesrA ~ AMI by which appeard that
Of banking capital cf tf 10000 6h part paid
aend and fur ~ pail ,hes per semisnaa-y only
The shows thu the prGt n banking have fes al i. pre-.
portion tie desrssss of trade Now ske the lamp
OF cotton ts pot Of Bosson, Tor eve year. past
fllows-
Ir,osrs on corro~ Dcsrox vsvs yrAss s-p-o
80 WV ist tCrorxs sr EACH vxAa
1871 iaas is37 ,sW IAao
Ba,e.. s.wo $3.50 s2,sle se,ass 10, ses
we and ~ emuu acs'ins business, the real w,a,b q
ale Esssrn ha ben mueh increased daas the pat
year The ooh. 10 ssa"e aa healthy ''"e, ana the
repcy the b., ~ We ta~ bring even = hi' city Al ss
an M of r,r at ,, " he TIT of our k's.ted safety
s.i II a. seer-,d ~, y ~ sdiscous' O. yer cent In
Boston ~ .. sof he tsls smd ass sAe merchant.
somrsratvry cay IN V- ,"vs he bsshs d~s'ave y "
a, A ,y cat , ks;ld sto-s palaces Coz bank ins