Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-11-01
MONEY MARIE r.

The revolution in prices progressing slowly and heathily
The market very quiet today and at the stock exchange
small dcne and generally at declining prices with
the exception Of Bank which approved per cent
from OF the morning board yesterday Harlem im
proved per cent stonngton q Delaware Hudson decised
per cent North Trust and Banking per cent AT
the second beard the following sales made;5o North
American Tru. and Banking Co. 81 buw 50 Delaware and
Hudson so 1870 do so NV; Mechanics Banking Asoca
tioa ST. 10 stonngton 1925 do 49, 100 Harlem 80 w;
IS u s. Bank, 81 l6 One BROKER reported at the
Board az having failed.
osey little easier today, among the regular merchants
Some failures reported among the obber some OF
whom threatened de the meeting vt the City Hotel the
other evening The grOce shipping merchants -four Dealers
and most regular whose capitals bear proper
ton the business they have DONE comparatively easy
aud will get rosgh Their business has been done on short
paper they followed the prudent OF the banks
contracted their business In this position consists the
great strength ef the banks the loans Of the institutions
which the merchants represented by the de-
poste, an both diminish together Specie becoming sper
feet drug tie market II. 10 sing constantly into the e.
~ Foreign exchange is below par. Prime Ward King
are offering 81 per Asa the pound sterling oher
bills are the market low per cent S475 the pound
sterling On France sale. have been made at $40
There good deal Of aour going forward against which bills
are drawn The Erie tomorrow will take out $50 10 Specie
which came from Boston The effect oft the -four
aour have been 10 cotton there nc material
difference The schooner Banner New Orleans ire Vera
Cru brings s3546 specie St. Louis paper states that
$4,000 arrived there ieh from Springfield Mel land
ofce The bills Of the vergenne', vt) and the Medomak
(Me banks not taken the Suffolk Bank The Indiana
banks stated make distinction in paying specie They
redeem their bills held by individuals but refuse all those held
by banks and brokers' The Franklin and Lafayette Banks oil
Cincinnati preparing The principal cause OF
the difficulties encountered by the Ohio Life and Trust 20
stated TO from the fact that they purchased from the state
Com,.iersr bonds the Of 81 100000, which they
bayebeen unable sell. The President Of the institution
sIl in England having that object view. meeting vas
Lexington Kentucky the 2ist nst which was called
nv Gov wcLne FOR the purpose Of dposing Of the Ken
uet, stat. loan to private capitalists large amount said
40 have been subscribed
tn. .outtse on banks reported to the Vermont Honse
Assembly the following resolutions
R.ol,sd i,, That bask ought TO be chartered
h.y,sr,d nv the Legislature Of this state without requiring
AZ. .oclhod.y. of aid bank 10 furnish security ~ wsy
n.. ;h r,.consbie siunsrs bonds with mortgages &C.
nsa an approved real estate within this ssses
Al a,.hls ,he amount Of capital stock Of said
an eomuencemenA % operations under their charter M
.seur,v Of each tooholder - be double the amount o. ~
eva stcck,aa met,t cufsV 70 gwen 70 aoo 'ooss'