Morning herald., 1839-09-27


-. -. - - -. ezl-
rwsrd % sss he. yre.ssy The ps"asss se.s. s'.~ssa
% slowy now that the bills returned the
.. very hsrt time TIE rate sra.ssans safety fund money
is liable to ceaaaas incsse arsy rou the connes gong
On between the nsu and systs ssd the Efforts mutually
made 10 obtais keep the circulation In suen exnange
the rates this rather wsrs The prevalence ei cx
a the southern por retards the return Of those who have
been north on business This will be oevists
and the usual demand for southern money taking place, will
raise the rate The have operated prevent the
cotton from coming forward and the longer it delayed the
the discount II has been erronously stated
thai the bank Of Charleston has large amount Of funds
in this city, against which il refused to draw We hnd on
enourng that that Institution has not had than oo
TO time That has been kept here
to provide any bills which might have back BY the
steamboats, from Europe.
idle expect the banks Of the South to draw on the
North the proceeds Of the last crop entirely exhaust
ed ste cks negotiable and post notes will not sell
Nothing but the crop is available to settle the In
debdness Of South the North and by
geters up the Macon hold all the Cotton
ship direct Europe keep six months aud furnish e e.
change which based H. only to those who import direct
into southern ports; operation would be to cut OH the
northern creditor for moahs perhaps years 10 come
In the recamaons which VIII most certainty
fall upon York southern account during the ensuing
few MONTHS will be entirely unprovided Tor In the mean
Georgia per osh which originated as follows: The
utter getting northern funds led several brokers
in Augusta to bills New York at 30 days These
drafts we're sold and specie for the bills received
mnt specie then shipped north to meet the drafts
The thus gradually losing their specie and sureA
inevitable unless the crop sent forward early and
al low prices which operation part Of the southern o
cy An then administered every person who de-
manded Specie effect that they not brokers' or the
OF brokers' unless the oath aken could
not be obtained.
In this way the Northern creditors have been made to
wait the pleasure Of the Southern which preparing
capital thus detained t. the northern i'm
porter
The movements Of for the thirty days,
will influence the baks the Vest in great degree The
aad sales are gong orwardhat Chicago terminated
on the loh sales amounting to SsOo00 chiefly in specie
or Bank of bills Part Of the specie has to the
payment Indian Annues The balance deposited
wit, the Bank Of Missouri That institution has collected
$3.50 account which has been shipped
10 New York via New Oreanspart Of has arrived and
the balasce is way From New York it will probably
go the Mediterranean pay the expenses OF the squadron
there The specie thus performs complete circle from the
Atlantic the Wss from the West to the South, and
back New YORK; where is Of but little service 20 the
mercantile interests The banks the meantime, afraid to
pand unw ling diminish their dividend make the dis
tress Of the merchants prolific source Of profit
sale. as the stock Exchange.
Slo5o Corporation IS 1860 ea4 900 do 964 tm ls d.
eSo4 shares United iOs so do lU3 bsOi
Iss 100 do 1850 do Amsr Es so 10 DO so do soi 20 20
sal so Do est sam, 10 do 9Ato0 do Del Hud go w l30 do
do SOL 2 do 59 Is do 59l SO do ST. 100 do So 80
do 5s4 NV 40 $50 s3Js-l0 do Trust 53s IS do 53t
so 5s 10 do sat sI0d 10 do 53 10 do 53 SO do 53
slOd do IS do 53 10 do 53tl50 do vcks Bk 33 sOds
as @ do 3 do Kentucky Blk 75 so do rs l0is
So do 75 b3Od do 7s 25 do rs 30h Sept 25 do 1870 do
Man G 100 do Mer TX 53-25 do Uuca Syracuse il6
10 Canton 80 Is d. 2lO0 Paterson 50350 do Bost
Prov 81 25 do 96 Od so do 81 so af2 ckl0 do jersey
SAL so do 81 SOD 10 stonington 2i50 do Harlem ~
w do 42 d. 42i 100 do a. b6Ods so do 42t
25 do AL $50 do 4is 700 do 43A t60is IS do ~