Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1839-10-29
(from Ike y. Y Cnnritr &. Enquirer)


THURSDAY EyEsiSG, Oct "a
Tie position Of the Money Marke, to day bears no
evidence oi improvement Money was scarcely 10 be
had al any price Stocks lower and The only PRO
piluus circumstance notice ls that Foreign tx
changes are becrrnng decidedly in favor o tins
county. Sterling Bills sold al from a { z per
cent premium, aud Paris 81 % 2 q D 20 The whole
Of business however done for The packet sailing
TO morrow, scarcely equal 10 The business OF one
house in ordinary times, owing no doubt To the prevail
ing scarcity of money Philadelphia Exchange was
heavy at IL IL per cent. discount, and Baltimore
al lll2al2 Savannah l2 a Ia State OF Georgia II
Is; Mobile Is l.; New Orleans in demand al
Sig
The North American Tiust and Banking Company re.
fused day Ike Bills of the City Bank in Buffalo, "hlch
Lr.ry.r nI. ,. d.. IN Wall street Rt :; p
other alteration 10 notice IN uncurrent money
The Haytc packet which sailed tins morning took out
$50 eco IN specie and coo bis aour There has been
,oud deal dung in Western -four day for export al So
We publish below the proceedings OF the adJbGTned
meeting of Merchants. &c, al the City Hotel TINS eVe-
ming aud permit ourselves but sing remark thereon
We are ssouishsd that individual who offered one Of
the resouons should have been permitted 10 show his
face any meeting This city, unless II were an a5n
lilion one. We need not further describe hun. He
ought 10 have been driven away with scorn and con
tempt.
Lo,se Mcting Of Merchants Mechanics and .uangactu
Pursuan, 10 an adjournment OF the meeting Of Aler
chants Mechanics and Manufacturers, heldon Wednes
day evening at The City Hotel, at an early hour last
al the same place.
The meeting was organized by calling to the chair
Thomas Denny, Esq and on motion f p Woodruff
and John Lloyd were appointed Vice Presidents, and
Jonas 7m0ry and f. $ Lofhrop, Secretaries
The Committee appointed urder the last meeting
made the following report:
"That al an early hour on Thursday they had called
upon the several banks of The city and presented The Of
fetal action OF the previous meeting, with request that
they would communicate the result OF their deliberations
in season, Tor report 10 The meeting this evening
The efforts Of The Committee resulted IN the receipt
Of letters from all the Banks the general purpor Of
hch was that they would 90 all in their power to ex
tend The line OF their discounts for the relief of The COM
muny provided any general plan could be agreed upon,
but the proposed arrangement IN reference TO The receipt
of the country Bank notes was inadmssable. the
Manhattan Bank, Bank Of America and National
Bank accompany this iiii declaration that they hold
the maintaining OF specie payments paramount duty
After reading the letters II was on motion
RfsOlred, That the thanks of this meeting be given 10
the Committee and that their report be accepted and
published.
On motion of Lewis Tappan,
RtsDirti, That committee he appointed TO make an
immediate request 10 the Banks, that they will take
measures hold Convention Of all the Banking In
silulons Of The City in the course of 10 morrow, with
view increasing their discounts, and uorGing such
other relief as the exigences 0! the crisis require.
Which resolution being unanimously adopted. aessrs.
Thomas Denny, VIM Miller, o. Thompson, Peter u.
Schrnck Robert JafTrey, F s. Lathrop, A. G. Stout,
& P Disosway and Charles Wardel appointed
q committee 10 carry The same INTO elect
II then motion,
Rcs0ircd, That this Committee report on Saturday
evening, al o'clock.
After some remarks By The Chairman, Mr.. Denny, it
Resolrcd That in The opinion Of this meeting, there
is no aeruave-if The Banks do not afford assistance,
there must be an almost universal bankruptcy.
The meeting then adjourned 10 Saturday evening,
October 2-tn al / O'Clock.
THOMAS DENNY, President.
IS Lsr"Hor, Secretaries.
JoSas AMoRY,
The above is The official report of The proceedings :
The meeting very numerousy attended, and Ike
utmost unanimily Of feeling prevailed rhroug hou