Mobile daily commercial register and patriot., 1841-09-10

the comparative prices of stocks in Philadelphia which will account very readily for this tendency of pennsy mia credit From this fable, learn that The iepreea- in the value of the stock twenty institutions of Philadelphia since ls3a the enormous sum of S56757g20 The period is only two years and hnG-- The aggregate par value Of single share of each of the stocks of these twenty banks is S5O. In 1858. their aggregate valne 2293 Now their value taking the quoted market prices in each Of respective year Sl24b The U. S. Bank alone has sunk S39 OO0O0O the Schuylk Navigation Company nearly S4,O0O,0O0 and so oil through them all or course ihe expense of this bubble falls on the people, who have to pay from the hard earned wages of industry Many premature grave is the result of the system of speculation which has brought about this condition of thngs and many heart broken widow and gray haired driven by il to seek scanty subsistence by toi We only hope that our own state may take warning from these ging lessons in the art of financeering.
 The sales of cotton in the New Orleans market for the three days preceding the sth, about 1900 b, nclu ding lot Of new fair at lOa and 300 Alabama in good order, at si. On Tuesday, there shade decline in prices Bagging Ky. 9 26c; II lli rope; Scotch Bsggng 20 2I; German IA Is. Corn 69 75c per bu Flour, new, $6 75 7 old $6 37 Il 5O In other staple articles of Western produce there change Freghts to Liverpool 4d for cotton.
 The sales of cotton in Charleston for the week ending the 9d, about IF Uplands from ac, and 2i b at He. No transactions in Long Cottons.
 Almost every mail freghted with very abundant lot of orgeres, bank robberes, and all other rascatcs. The latest of them thus recorded by the N Orleans Bee
 We were informed yesterday of of the sue cessfn and extensive forgeres have heard of for time past. The frhid WAS practced eminent aud well known firm in New York; by an individual call ing himself John P Caldwell, who in a letter dated from Georgetown, D. C. enclosed the parties alluded to of credit in his favor for S30000 pnrporting he drawn by of the respectable houses of this city He stated at the same time that the credit based consignment of l0l bales cottOn in the hands of nrm which effect he order for the delivery the cotton, and requested the negotiation of two enclosed drafts for l3,00O each. The New York hrm the strength of the well known responsibility of the parties in this city, unhestangy acceded to the request by mtng the proceeds of inc bills to Jno r. Caldwell D. C.
 "Yesterday's mail brought these drafts which sent direct to the house on whom they drawn, with
 request ship forthwith the l0l bales New York and subsequently cancel the bills It is need less add that such man John P. Caldwell exists and hat the gentlemen in New York have been adrOy swndled out of $26,O0O
 "Ihe foregoing information be relied upon rect, having received il from authentic source"
 According to the Augusta Chronicle of the 2d inst ru had been aoa in that city for day two, that two bank clerks in Columbus have decamped being de- faulters to not known but probably SlOO,O00 less than SiOOOO The paper states that although these rumors do not justify the use of names yet there he doubt of their entire truth.
 THE CRoPs.-The accounts of the crops grow more
 favorable from day to day and think that by the time they are all secured planters will find that they will exceed their hest expectations The Savannah Georgian of the 4th says We continue to hear favorably of the crop of Upland Coton In Burke county the prospects very promising, we learn from letter to highly respectable mercantile house of this city. The crop is abundant and saie."
 The Baton Rouge Q.a) Gazette says, that along the rivers and bayous, the crops may be said this year. The Is large, and of good consistency and the cotton is strong, fine and abundant.
 The Foridian of the 28th says that the planters in that section have prospect Of fine crops both of and corn. The prospect of cotton il considers good as it was before in that region