Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1840-10-19

Tered - and takers butt few minstss ssr lsoeoo
w sUs vus S w ,n, sss'sd The
The house Of Hamnersey Co.'s, Bankers in London,
stopped payment on the aah Sept Thh was an old and
Some ofthe effects of the stoppage beginning be
apparent Parties in the city have had returned to them
event had lost their validity, but hitherto the nconse
nience to private holders and eers is not fully dis
closed Most the bills returned for small
varying from about fao to f7O and consequently what
would be small sum in commercial affairs is spread over
avery vide space and causes great deal of cnence
and confusion More of this affairs expected daily to
to light 49,.
with Nessrs. Couts Co., who have agreed to accommo
date the depositos oihe late clearinghouse to certain
extent that the Inconvenience which might have been
expected TO be felt by the suspension ofpaymens by the
former concern is to great extent done away. The let
tiers of credit which have been protested will in the
ory Of instances be protected; that the result
present will not be SO disastrous as was anticipated by
The publication of The monthly report Of tie assets and
liabilities Of the Bank of England exhibits diminution Of
culotion has ben increased fa5Oos ana the depostes
are reduced faoeo There is consequently no material
The publication Of tn last monthly report but is mpor
ant TO be observed how small comparative reduction Of
the bullion has taken place. at tine when the foreign ex
changes have been in an unnterrupedy unavorsble posi-
ton With all the continental ports The exchanges were
business remarkably small at this period, unfa
vorable exchange is not Of 50 much Importance with
erene 70 the bullion in the vaults otthe Bank The duty
wheat and aour rising rapidly and the shipments Of
hoar England from the American ports. reported TO
have been generally suspended afer the arrival out of in
eiecace of the better prospect OF the haryes of Great
B:itan and this will tend 10 raise the OF Exchange on
England aad prevent the expectation OF gold the Uni.
close ana this will cause considerable supplies Of bullion
to be retained in England dsrng the next six months
Circumstance OF Importance as the emgrsnts have
been unusually numerous in the of the present
summer snd these parties are generally to
The foreign exchanges Yesterday considerably
better and tie demand for bills more limited than
Tuesday last In the interim than sOo0o ounces Of
silver have seen received from Mexico which amount
would alone be more than equal TO the average weekly
7 81 500 200 arriy ed from Rio Janeiro.
BY adycss from Hamburger the price Of gold is 4s6 per
mark which, at the English Mint price Q! Ea rs iold
change at Hamburger London at shoitb,ng H. Al, it
follows that gold per cent dearer at Hamburgh than
The premicn gold Pari, is per mile, which,
the English Mint price Of 80 rs od the ounce for stan
Paris London at short being - s it follows that
gold is 50 per cent dearer at Paris than in London
The export OF the precious metals for the week ending
the ls:h september was as follows Gold coin, Mauri
thus 900 Ounces silver COIN Rotterdam 5000 do Ham.
cold coin Port Adelaide lSoounces Ceylon, 1862;
GUM, 1000 Hamburger % 800 Mauritius, $1,000; Bonn
bay aooo Gibraltar 100000; silver bars to Hambugh,
BY the papers received from Antwerp to-day we learn
that the report Messrs Rothsch having taken the Bel
per stock The loan has been taken by
the socete Generals National Bank OF Belgium The
amount 90 100 900 francs 900 sterling the price
90 for per Stock bonds of $500 francs and Oos
francs each, eqaa 20 floo and f.o the first halfyesr
day. a.th Sept the Office of the societe Generals
admitting the public TO subscribe towards B the FRS. in
stament of 10 cent able and the other in
staments spread period ending the slst OF Deem
ber These ngements Tor the loan to have been
and individuals to take part in H. But even if they 10 So
the amount being moderate, We do NOT apprehend the e
feet will be seriously felt in our market.
LoSpoS CONNIE RKPoEr-Frijay evening, Oct. .
The animation that has been displayed at the public
sales of colonial and other Woods for days past
experienced this afternoon We may fairly quote the rise
in prices IL 20 "a per h. the realized prey
ly Nearly all the woods that have hitherto passed the
hammer have found purchasers.
The Hops. Great quantities of hops are picked, and
with few exceptions tie wega aas no. fallen far short of
the previous computation
From the Bakers Circular, Oct. 81
COMMERCIAL Report, Oct g. 1sio-Four ships from the
OF Africa three froa Australia two from the
Naarius each from Ceylon Cape OF Good HopePa
Is5 vessels tha, the port Of London from
reign parts this day week in the time SO ships
have entered the port Of Liverpool including three from
jamaica two from Bombay one each from the Mauritius
Australia, Monevdeo, west coast OF Africa Odessa, and
Trieste the remainder chiefly from the United states and
British America
The Of Her Nscs,ys ship the sparrow hawk, in
Al DAYS from Rio Janeiro has been announced this morn
in bringing 100 900 dollars specie this is the quick
est passage N sde from that port The spaTrow-hawk
brings aiyces Of the arrival Of the Peru ship
from gland after passage Of only thirty days The
shedake packe, arrived from the same port on Tuesday
last after passage Of SIXTY day. touching howeve: at
the spsrrowhawk left Rio aneiro The packets seagul
from Mexico and Ranger from The West Indies have both
arrived since this day week
Co,ton-An effort sde in Liverpool at the begin
ming last week 10 excite general speculative denend
the sphere of the parties no H. who TOOK about
1000 bales and established ID per H. advance on the lower
the better qualities and extended the aggregate sales Of
the week to upwards OF bales During the present
week the sales have about 20 .so bales per DAY
without any further advance ssd rather exceeding the
imports whch from the 2Sd to the gath inst amounted 10
~ 100 bales including 500 from Bombay or the laico
bales OF surst and 1000 OF Madras offered az public sale in
London yesterday about 1000 bales Of suTa sold at 81 20
I'D per lb and 1000 Madras TO AID establishing
adNsn OF about ID per h. on prev rates Tie remain
der bag held by the importers for higher prices the bulk
o. this sale offa quality the purchases were principal
~ speculation Letters from New Orleans Of the Goth
OF August and savannah Of the 3ispea OF the crop
coming and OF the continued fne weather bringing in
large quantity in the six weeks while the letters
from Mobile OF the date speak of the growing crops
scsrsinly in critical state consequent continuous
rains having prevailed almost every day for nearly six
weeks ss2s bales OF surat advertised for public sale
IN London next week.
susar-Although the supply oltaii article is inadequate
at this time last year the CHECK consumption which he
advanced price occasions and the caution Of the large
dealers has prevented further rise in price indeed the
syersge last week 3D. lower than the preceding the
two ships previously mentioned having arrive Ell from
the hsurus have brought 10 900 bags of sugar; and Eve
ships from the West Indies 52s hhds and 1875 ,cs o.joc
bags Of Msurtius and 10000 bags Of Manila aiyers
ed Tor public sale next week.
Cef.s-This article has been almost entirely neglected
in London this week the prices Of the last great sale in
HOLLAND continue 10 BE- supported in that market but they
100 low for any i'm eent In price 20 BE expected
here indcei the markets Of HOLLAND ARD
govern the price ofcoee in all the markets Of Europc
Liverpool does the price Of cotton.
T.a-The daily expectation Of sirlrss from China
Keeps both sellers and buy Of this article in Of
more than ordinary excitement; Prices this week have
remain 81 hou sny variation deserving Of notice
packages advertised Cor public sale next week. ant
| 10 300 Tor the 18th inst.