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SEPTEMBER 30, 1840. ARTICLES OF MERCHANDIZE REMAINING IN FRENCH BOND Haere. Total Marseilles. Bordeaux. kil. kil. kil. kib. 2,236 580 9,806 678 3,535,115 Sagar-Colonal 1,874,124 872,757 3,407,311 1,019,255 5,475,869 Difto-Foreign 2,214,483 1,24,063 8 677,600 2 396.943 Coffee 331,712 252,110 1,209,669 110,793 Cecoa 2,512,127 61,181 628,318 767,644 1,170,080 27,931,688 25,761,401 Pepper Cotton, is wool 1,290,936 134.716 868 472 2,965,623 1,632,190 Mahogany 144 946 13,759 4,181,513 5,197,569 Oil, Olive 657,395 Wool 1,545,989 38,118 45,821 52.66% 95.322 Silk, Rsw Flore 3,906 36,801 Ditt milled 4.467 317 4,270,438 4507,390 53,769,049 Coal 192.197 302,467 201,749 Cast Iron 6,006,167 43787 139 73,668 164,206 C pper 57 515,790 148,795 Lead Ore 196,854 44,746 287,778 Tin Ore 32,324 60 565 28,244 Zine 18.229 108 838 1,053,530 Nitrate of Potash 846.411 579 5,408 74.36 Ditto of Soda 197:005 10,497 15,5.3 Cochineal 225,815 29,677 440,479 756,777 1,220,810 Indigo The Stock marketto-day has un Mergone further depression. Sales were limited, at a general decline. Stonington fell 2) dis.; Harlem dis.; Long Island dis.; Vicksburg dis.; North American Trust and Banking Co. 1 per cent; United States Bank improved : per cent; Delaware and Hudson dis. Sales of bills on Philadelphia were made at 2ja2jdis.; Mobile 31 a 3 dis.; New Orleans 11 In sterling bills there is but little doing, the rate issa8h percent. The London packet carries out $60,000 in specie, and the Great Western brings $55,000, which balances the account. The Manhattan Fire Insurance Company have declared a dividend of four per cent, payable on the ad of December next. The Ballston Spa Bank has declared a semi-annual dividend of four per cent, payable on and after the 1st of De cember next. The Lebanon Star states that the Lebanon Miami Bank ing Company, located in that place, which was regularly chartered by the State, with acapital of $200,000, but has for a number of years, has been under very lain re-organised, dormant favorablecircumstances. revived The and of ficers are John S. Iglehart, President; J.H. Earl, Cashier; J.J. Bingham, Teller, and George J. Smith, Attorney. With refereuceto the want and probable usefulness of this institution, the Star remarks as follows:" No one can doubt that a well-regulated bank will be advantage to the town of Lebanon and the county of of Warren. great Our canal is now completed and navigable, of can only be of service in proportion to the amount midst and shipped upon it. Lebanon is situated in the is produce of agricultural country, and nothing but capital trade. a great to make it the point for a very extensive bank needed wetrust, will be prudently supplied by the business and This, we have no doubt that every department of is will be made to feel its vivifying influence. The bank fully prepared to redeem its issues promptly." The prospect of a resumption on the part of the Philadelphia banks is becoming daily less probable-the mercanboth here and at the in the stability of the tile confidence community, resumption, eastward, have brought no of about by the means proposed. All that the merehants this city want is a steady currency, or one, the position understand and can provide The resumption will indeed of contingencies. which they make been against the twice our its uniform. but merchants have already sold deceived rency in the Northern Banks. Twice they have goods and manufactures to a large amount in the and south-west, taking notes payable those sections,and running the risk south cy imported of of the in the exchange, curren- has in full confidence of the stability of the banks. Twice be this confidence been abused. If the currency again uniform by means of a resamption upon it is in rain to suppose rowing comes operations, robbed based that (the merchants expres- bor will again run the risk of being again to sion is not too strong,) by the incapacity of the banks maintain their position. The banks of this citywill not take the risk of southern collections on the faith of Philadelphia honesty. If the banks do resume, the rule for mercantile paper must be short dates, payable in New York funds.- such The southern insolvent banks will gain nothing by a state of things. They seem to be aware of this fact, and are already laying an " anchor to windward," by feeling through their organs state of public opinion in regard this to non-resumption With this view, the Courier of the morning, opposed resumption in an article, of which following is an extract: If the press of the State of Pennsylvania is true resume to its they will eall upon their banks not to it interests, as it is termed, unless they feel per- if convenient so to do. The Legislature and its compulsory enactments on feetly wise, specie repeal payments, this loudly will point, call for also, should not merely sanction, but furtherthe people course; nay, the Legislature should go still under the deit such should authorise the banks to issue notes nomination of five dollars. Forthe community at large, this course is undoubtedly of than an nncertain resumption; a continuance dis suspension better will gradually and inevitably increase the into li" eradit of the insolvent banks, until they are forced the Althe same time the real business of cous The quidation. will increase on the specie basis of New York. of try of the great stapies will be made in the currency sales The imports and manufactures must be paid for England. in specie currency, and the sound banks will ineviabsorbthe whole realtrade of the country, and force tably the irredeemable banks into liquidation. On the other the banks resume by borrowing, they will ob the confidence of the nor and will be defeated in any hand, talk community, neither if sound attempt banks to indate the prices by stimulating speculation, in order to profit by it at the expense of the public. A resumption under such
