Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-08-13

80 .. r,a.se mi, morning the usual amount Of bu-
80. a. h.s. dome In prices the tendency continues down
.ra HIT without any very material change The ~ Amer
can Trust Banking Co. declined per cent Harlem per
ssn mohawk per cent sale OF specie was Made a. s
..a \, he extent Of 10000 Mexican dollars aprenan
cent This show much change from the rate
long been for this description Of CON-
business done in sterling exchange for the
Jacket sapg fer Liverpool The sales iave been
made chiefly by the u Bank at 81 81 cents, or per cent
bch il slight decline from ths rates current on the last
packet day
The tho money market seems rather !" increase
thar otherwise rather officially ofobtanns looms on un
exceptsnabe securities increase g. This arises rem e
treat want con existing among the banks and capital
;.t. For the past two years the whole moned power OF the
south has up tn welfare OF the great staple
ton The credit aujing and means OF pa, OF m who're
southern country in the price oil that one ac ~"
according to its pro.ptc Is the state Oh 'he VIC" To-
MARKET the erea, financial centre, saoyant OF "eP'e'
n,. and orins when the market rising one, the pub
lie INDUCED the idea the whole crop would DC very
high prices the spteuaions Of the cotton
very lucrative southern securities, Pst notes. anu
h were in high vor held as avorite investments
more particularly from the stagnant condition Oh aue
rally the demand for money for other purposes was ho'
A. the time cotton was its height there existed the germ
Of reyul.ion in the very price at which was held e
vm,oms Of which were apparent the decrease Of consamP
y
the prospects Of article have gradually become VERSE Each
steamboat has arrived this SIDE has report
al sae things calculated least to alarm those whose as
sets depended upon he realization Of high price for cotton
and as the Of the market became mere gloomy inc
LanL. and caution Of their movements
The quantity money in circulation was sensby dimnheu
and the prices articles of produce have fallen of in pro-
portion The continued decline in prices has Affected anss
every description produce merchandise and public and pr
% the same classes have affected the sale Of stocks IN the
ENGLISH market The for Supplies Of money nave
therefore on side been cut of at the same Moment Wh
NE lie produce and securities ss
6cient cause OF whose chief dependence placed
upon them.
The denouement This train Of events has been anxiousy
expected for the packets The last advces we're such
:. nearly to anuha hopes Of cotton holders and many
Srms have Welded conviction and compounded with their
creditors The &, majority however, san awaiting inc
Liverpool which be expected on "wednesday
nex in hope favorable turn may have taken
,lace which will vet retrieve market. The position OF this
country is however no, Aaering this uncture; and the
prospect that balance will accumulate heavily against
during the ensuing three or four months.
From inquiries which have made among the importing
we are Of that the imports for the fall trade
will be YER, heavy compared with last Large quant
ties ordered, and larger quantities will DOUBTLESS be
.en ont on fer sale this side The
stock goods the hands Of Pianers IS large
and their policy hold bat to sell at all events; and
h, MARKET present time affords the best prospect from
the fact that imports having light during the Psst two
years it may inferred that many goods wanted These
two cause. will operate swell the imports during the next
and the corroborated the returns for he past
two quarters 18th, r.. mt year. for this city
DUTIES PAID II DISTRICT or NEW YORK, Burning the
rIR,r rwo QUARTERS THE YEAR
,sas 37la4S6
900 S5t63jo
rx... 1870 Sla3,S9l