Morning herald., 1839-09-13

Inc great denasd f~ money has however, ssP Psd so"s
INKS t. oas thex notes. condition thaf they should
Not he circulated These have p Jsed o' mone'
eapita who have subsequently, been Obliged throw them
upon the market This the with the commercial and
the city banks Of Buffalo, which mrntione" few day
since being rejected by bank there being funds
provided to meet them.
An additional cause Of the demand for money in New Y.rk
and Philadelphia may be ound in he of the
featuring bu ness Of the The New Eusand states
port Of their manufa the SOUTH and west for market
upward of $50 100000 year, These goods mostly hp
pedto New York aud pba the points from ~heuce
they distributed throughout the interior of,hs
In return they receive the material rom the South
supplies well FOR the country FOR he
the hume rous vessels with which Ma~-chu. It's 10 Tn. ps
cpsl carrying trade Of the south The pork aon lard
flour and other articles OF western prou which
ed in New England chiefly art.d nte Bs.oa direct
from New Orleans; and payment for thee articles i, made in
bills York and Phadeph. proceeds of
manufactures have accumulated
The present year, however, the gran crops OF New England
are nearly equal to their and he demand for
western supplies has been much ecreaed by reason of the
stagnaon Of commerce. Western credits are therefore much
less IN New York and Philadelphi,
usual while the Indebtedness Of merchants constantly
falling due to the eatern whose goods they have
old and for which they hold and western os
ture aud becoming mature while the crop the means Of pay
exchanges and the Of controlling power to
the speculation sfhe banks 1t this which caused the re-
cent specie from Boston
The position Of affairs in England is becoming gradually
better The great difficulty throughout the commerce
world has been that manufacturing productions have ourun
agricultural productions and 'nseqnenty consumption Ma
nuiaciring laery been severely checked stocks
now much reduced At the time the earth teeming
with superabundance Of wealth which must great
activity the exchange Of commodities It therefore, pro.
wasted for want Of medium Of exchange England will
be upon US for payment for large
unless crops ready she will take gold an event
whish might put back year Instead of being ready to e
with foreign custsmer the banks operating with the
specie the two beggar did with jackets they each
made fortune BY alternately swopping them.
Sales as the Stock Fxchanye.
oS shares United States Bank I06 Sdo 1901 Bank ar
Com Co. 90 do S5 s30d22O Dry Dock s7t do S7-25
IS do State 0s 25 do l04 b60dIs Del and Hud 67i 20
do 67i so do 6t sled SO do 2s do 67 50 do 67I
25 do 67a so do 67!nw 6 bsd so do 67i snw
20 do CIT 90 do nw20 do North An ercan Tru, "a 10
do 63a l0do o3i s0d g. SO do 50 So SOD SO do
63 w ii do 49, IS do 50 b30d 2 do do 63nw 25 do
SO tw5e do Farmers Trust i0s5 do Ohio Life and Trust
96-56 do An Exchange sal 10 do SIT nw6Q Kentucky
Bx sol b60ds so do 20 sl0dsS0 do North Am ns lOS-l0
do Mohawk 5oi 40 do Boston and Prov lO05O do New
Jersey 80 s30d so do S923 do Stonington 23& biOd
10 do 2Sl b0d 40 do 2 rs 2s bi0j do 23l ss0d sS
do do 23 35 do 2S sod 30 do $50 do Utica i6i
10 do Harlem AT so do 4s bl0i IS do 47 50 do l7a
$500 100 do Att so do AIT s30d 50 do AIT AL Used
100 do Al ssod-so do Long Island X sat-