Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-11-03
MONEY MARKET.

Monday, Nov. 2--6 PM.
We have by the WesiRister from London, to the
tn u being days later The general features Of affairs
remain nearly the same, but in aggravated form
The threatened hostlties have reached crisis in the
French Cabinet NJ Theirs has boldly declared for mani
station in opposition to the King Theirs is at the head
o the popular movement and the very connection he has
ased is ais tower Of strength The Chamber have been
oked for the 2sh O,tober war appears inc
vabe. The steamer which left London yesterday will
bring the result These events have produced great
asons in the money markets and the fluctuations in
nsols very great, being from to per cent. in
twenty our hours The demand for gold, which we have
Anticipated the consequence of the extensive prepare
lions Tor all over the Continent has much increased
and caused decline in the exchanges At Hamburg the
demand for gold hal raised the price full two marks viz
to o. The whole Of the specie lately received om North
America by the sparrow Hawk had been taken by one ca
palist and exported Petersburg, where it realized
profit oftwo per cent The current Of specie daily
setting towards the continent and stringent measures
the part of the Bank becoming daily rigid In
the Discount Market there is general contraction taking
place an every resolved to limit the Of
his transactions within the narrowest bounds, until affairs
assume satisfactory appearance. At the Bank, dis
had been refused bills Of the very first class The
in every channel full per cent In the Manufa
turing Districts fair business doing for the North
Europe bu. not to the which apprehension of
hostes would warrant The accounts from India were
for most descriptions of European goods The
Cotton Market remained firm with fair business doing
The Stock market this morning has been good deal
aitated The bubbles to be bursting under the in
creased dc ulties in the money market Stoningon de-
clned IL per cent closing at ~ at which uSsaleabe
Dry Dock, per cent Harlem, per cent Long Island,
per cent. n. Am. r. b. per cent L. s. Bank improves
per cent DIX Hudson per cent Sales of Indiana stocks
st7s,. Bills on Philadel pha, per cent discount.
The brig Mobile hence for Mobile spoke the 2oh Oct
oil Mobile Bar, the British packet Sky lark, from Vera
Cruz for Hay an D. with $500 900 in specie.
The steamboat departed at ker hour carrying out $780,
go pecieand moderate amount ofremances OF ohor
descriptions The probability that much larger amount
specie is board than been reported The London
and Havre packets were de tanned until to morrow.
The in the Foreign Money Market likely
increase the unfavorable symptoms that have during
few weeks made their in this market
The active taken by the Bank OF Eng land to
eoix will greatly enhance the uties of those
Banks whch depending realizing their securities
abroad Every thing is indicative that the demand for
specie shipment this side will be increased Silver has
the profitable remittance to Europe from this
port several weeks and the enhanced price Of that
tai well of gold throughout the Continent renders
caution douby necessary the part Of Banks and
axes the question of resumption still more uncertain
America securities do no; appear to have risen in favor
On the contrary the market for them preserved its
~ spmation.