Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-10-10

@s.l.I&nv. Uto1DQ VS-oR.M.
~. ..., M. b,r,1 i Vsll strsst IA 10 o'clock this
.or.i.s che v..sA ssssss Dssh N New Fos posted ns
following esrd.-- s...
s No. a. r.r UssrEp srArss in New York n
New York. wednesday Morning, 0et.s, ioA-M
No. n hereby given that notes Of the United ssasss
Bank q lcAssr Be received q the Bank o.
the Uuited states in New York"
hi. es~sed tremendous excitement, being considered
,hs ssrsuuper Of and equivalent failure Of the Phade-
mia Banks Accordingly the stock exchange, the price o.
the United states Bank stock fell II csnt-oho Lie
Trust per cent-Harlem per csn,-Deaware haossD
improved per centNorh American Trust Barking per
II per cent After the board It was ascertain
ed in United States Bank post notes mace
payable the bank in this city, fell due to-day, and were IN
esded in the bank notice. The announcenent increases M
excitement very great degree, holders had them %
ed,atey protested without waiting fer three Ocock great
many their notes by express to h'lade'pna
with payment Of having them pro-
tested and placed in Chancery .
The excitement increased and the thousands Of
rumors which we're put aAoat seemed TO heghen inc
MANY depostors in the u. g. Bank demanded inc u o'
them in spece and the for small amounts was scs
IN to the close Of the day. Some Of the bills Of the 'o
- Ave nr cent discount in the part Of the day. bat were
rvsrd uualeabIe and United States Bank stock was do
95 Rumor stated that the Philadelphia banks had suspend
Id and probably the This has been the stare OIL inc
arhe-panc rumor and excitement ruled the hour Inc
great question which is propounded at every corner Oh M
street is has the bank actually fail df or will the D's
be paid in Philadelphia This will be decided ~ inc A
Of the Philadelphia mail to night.
The measure ss stands dses not involve failure
Merely ceaue to redeem in York may be means Of con-
centrang or in Philadelphia and thereby Strength
ennp her position This view receives support from the "
cent the bank which have been those OF
traon II s however, any light breach Of contract wan
those who purchased with the that ey
III 81 HE hu The ~
credit Of The bank will received blow from which can
moi ,scsver The probability however, that 10 regular
failure and will involve the solvency Of the other Philadelphia
banls and the attending panic will carry down the BANKS
the SOUTH with the exception Of those n New
leans which strong in specie Tne banks oil TINS CITY nave
upon sustaining themselves at all
even at sacrifice sanrth part Of their capital Ih now
hev will not obliged do The contraction 10 90 We
~ ,sv.re at this tne that their circulation can readily De
-. and the great bulk of the depositors men 20 r
p,.rested in The standing Of nstituonwhich are now
e heet anchor OF the banking system Of the
thew will in all probability stand the banks and any snor
10 force suspension will be fruess The New YORK oshAs
I'll; now cat adr from all connection with southern ana spec
uatng banks firmly in assht forward course
Of meeting their engagement faithfully ana eo"Pes "
,h.se who have dealings with them to do likewise A. pre-
m;nary they refused longer 10 receive on de-
;te the certified checks the banks under the general
banking law -, -,
them omen to snadveon and have sxasPsrated the msr
camille community against them. The well knowh s tnas
thew have made loans stocks at par winch are not available
- .h market at 20 per discount, at the time that
thew have refused discount mercantile paper may hsv en-
h,...d them to greater than supposed The
.l .,non is however, that in their present position they
are impregnable, unless panic spreads among dePso-
Tb; il contingency which depends entirely upon the news
hch viii reach here tonight from Philadelphia The anxiety,
N A
growing panic in Wall street were very gre
h close Of business mob collecting round the United
60, h.nL and III mercantile seemed 10 feel that the
h;cb 80 have predicted for the last few months, at
ar L Of being called croakers" is upon The storm
nav breah M the whole paper sysen Of the country The
a.o,,l course Of the New York banks 10 now the oay
safe gusrd.
The demand or sterling exchange for the Liverpool will
doubtless very heavy The heavy imports which have asen
.c. in July and August chiefly TO be paid for that
.,ek, some idea amount may be formed By com.
, table Of the Custon House returns or the 6rst and
.eopa quarters Of this year and last, rs follsws-
Amount Of duties paid in the District o. New
York during the second quarter Of the pre- sss A
sen.yeM lana a,ls4 Oso 20
-. b.. sl,so4,1ss "a
Imports Tor In. same District, second quarter
q ne r.s...,:: ss io,ssi,sss
Exports, same Penoo
,sla,42ssM
TIKI return vast increase PernaP eaeF tnsn - s
.,.d i. July last when mentioned the probable dsesy
h;eh would from foreign payments falling due before the
cram. were ready meet them much heavier specie
a.. would have taken place before this time had
49, ,,chan, been able 10 command the money This casss
. 20 prcveu, the Of any vsr heavy amount Ter the
mt uscLea consequences Of which will be an injury to
credit abrssa Business ofevery kind At stand
ma The uert news from Philadelphia Is that which absorbs
ones attention. and important thas even the arr
rival sf the Liverpool.
sales NJ The sssck Exchange.
ss7so Bonds $50 shares United states Bank
90 IA, Do Se& 90 10 10 Dc g. IS do eel 10 do do W
20 40 IJo;on Bk 1910 do Atlantic $3.50 do Mechanics
a. Aso sol-2s Ohio Life Trust $50 do bk OF Com
$500 DO Hudson s7l 100 dos nv 67a 80 DO OF
100 40 81 30 do So do g. 100 do tw ST. 50 do ied'
AZ "a a. sss 50 do tw s8 - do 50 do 10 dc 20 Dc
IA 4, ssl 10 do SIS Trust o. i2sdo de- 6sa la
AZ 40 a. "a i9s dosl do 6si 50 do b4 10 do sat- 90 at
"a de $3.50 do vchburg ss 80 Dc Is de "a - DO ~ ~
40 Kentucky 20 ds $50 do 30 a. "a 10 do TAI -
Job s IA 72l-Is DO Mer Ex $50 do Utica Syr los-2t
do Canton so-sOdo Mohawk s2i95 do Paterson $50 "a
Boat Prov Rail Read 60 osb do stonngtsn AT - 90
10 2i{e5 do Harlem a. 30 do at LOG do NV St " %
l9l es do a, leo do bnw a 100 do tn a.
MARRIED.
O. TUESDAY evening" by the Rev. Dr. Schroeder the Rev
" fish OF waterown NJ " 10 Julia Antoinete daughter q
John l. Msmford, Of this city.