Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-09-14
M % N Il " WI A R X X IT,.
Eridny. Senfeupnhpr. IA u

The stock market has again evinced depression in prices
United States INK declined per cenDry Deck per
Delaware Hudson per cent-New Jersey Rail Road per
cent-Harlem per cen-Utca per cent
There counterfeit five dollar the Harrisburg
Bank in circulation, in Harrsburgh
The OF exchange London, ranges per
cent premium 81 so 81 IS the stering ami little
doing There great demand, OWING the scarcity
great deal ofexchange is undoubtedly wanted and
slight easing of in the money market would produce
reasonable degree Of activity The United States Bank is
not drawing and the bills which sought after
those drawn against actual sales of stocks in the London
market Of this descriptions those ring BY the
American Tru.t Banking Co There sold London
medatey prior the sailing Of the Great Western
efaear $500 Of Arkansas stocks at % Of that
institution, and against these, she drawing 81 per
cent The sale, Of stock generally appear have
large although loans to extent obtained
bant rates by certain houses stocks collateral secu
rty
II will be recellected that in March last when Mr. Jas G.
King went Albany for the purpose Of taking O0O
o00 ~ X State loan behalf Of the Bank that
the New York American" and certain other Wall street
party loud in their attempts dpecae other
stocks particularly those sfArkana which
Mr. Beers hand into competition with stocks
the hands Of the clique On that occaso. follow
ing remarks:-
We now find them, through their organ, the Ameriean
beginning game in relation the State
blow aimed at those of
Now will venture to say that the stock Of that
good in this market And this assertion shall make
good before we finish this topic
We find that a critical juncture, Arkansas
stocks alone found buyers extent which will sup
ply the exchange market before the crop ready
draw against
The importation. Of foreign goods large this fall
but undoubtedly large quantity of them have
manufacturers account TO the Of branch Remit
anees therefore, not imperative, u. the good. partly
disposed of This the crop will regulate probA-
bly, be forwarded ate the fall trade will be usual
So far business in this city has been much ess
the PERIOD indication which, will take
the amount received the New York Canals during
week in September, which is as follsws
In 1899, 44,O5s 81
In 1885, s565ss SO
Showing adeciency Of 20 per cent, which mostly
in the up freight Of merchandise.
The fear Of drain of specie has hitherto prevented
banks of this city from sing their usual lead in expanding
the fall trade 1t supposed that the pressing
foreign demands have been satisfied by the Of specie
recently shipped and the crops will be any
demand At the private letters from England
pre- matters there having assumed cheerful cha
1t generally believed London that they have
turned the corne and squiry for American securities
had already commenced The OF specie which has left
city during the past month"; is estimated 900
and about $500 900 arrived The specie in the vaults has
thus been diminished 81 900 900 but there constant
Of specie, small setting into this city, the
md OF strangers which deposited with the banks paper,
taken for Of In his way Bank OF
America has in short period received upwards of
gold and silver Cor which treasury principally been
taken, safe convenient and profitable manner Of
transporting money than any other shape large proper
ton Of these taken by emgrants Canada where
Treasury notes premiua Of per All these
movements, indicating favorable the markst have
induced the banks Of this city raise their line Of discounts
and today being discount day for the Bank Of America
stuton has discounted upwards Of $4,000 which larger
than they have done for five sir weeks previous
The other banks which discount Friday Increased
Their ioaus will be from the following table Of dis
counts for today, OF probsb estimates Of sscoun.s
EsTIAMATr or Dscou~rs