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MONEY MARKET. Sunday, Oct 20-6, P. 175. The Liverpool is gone, and with her the hopes of the specu lators, that a suspension of our banks would have been effected by the specie which it has been hoped would be drawn to go by her. In the stock market it was, as usually is the case on Saturday, settling day, and the de operate attempt of the Philadelphians to force up stocks, aided by the wants of the shorts, succeeded in rallying fancy sto ks, of which U. States Bank is now one, and it improved 21 per cent on the close of Friday, but is still 5 per cent below the opening of that day-North American Trust & Banking Company improved 2 per cent--State Bank declined 2 per cent-American Exchange per cout-Stonington & percent-Har.em per centUtica & Schenectaly 1 per cent. Money was very scarce, and the pressure among the merchants was very severe, so much so that but a small amount of exchange was sold, and the rate early in the day fell to 8 per cent. and some good flour bills, than which none can be better, ere sold at 74 per cent. This reduction did not cause any very large amount of transactions, but effectually prevented any large shipments in specie. The Liverpool car. ried out $100,000, of which $324,000 was on account of the Girard Bank of Philadelphia. Thus has passed the heavy drain which was expected to break our banks. The institutions pursue their way steadily, and discount to a fair amount. We know several firms who have had 33 per cent of the r offering for discount done for them during the past week. Yet such is the increasing demand for money that the pressue was yesterday more severe than has been known for a long time. This will drive the merchants into realising their southern funds, notwithstanding the expenseUnited States Bank bills were generally refused at any price yesterday. Iu other money there is ao material change. In domestic exchange there is scarce anything doing. Some Phila. delphia paper was exchanged for Mobile, dollar for dollar; if per cent is offered for Mexican dollars, and 2 per cent asked; there is no demand for specie The demand for money WIS increased from the fact that large amounts feli due on account of tea sales. Towards 3 o'clock red back money sold at 7 per cent discount. The cry of failure is re-echoed from every quarter of the soath. The Hagerstown Bank and Washington County Bank (Md.) have suspended specie payments. Three of the Pitts. burg.Banks have suspended, viz : the Branch of the United States Bank, the Manufacturers' and Mechanics', and the Ex change. The Bank of Pittsburgh, at the last advices, continued pay specie. The circulation of the Pittsburgh Banks is about $600,000. The Petersburgh Intelligencer states that the North Carolina Banks have suspended specie payments. Cin cinnati was thrown into a state of great excitement on the result of the news of the su-pension in Philadelphia. It is stated that it is the intention of the Commercial Bank of Cincinnati not to susp nd the payment of specie under any circumstances. It is un lerstood that the Ohio Life and Trust Co. has suspended, and that the Franklin and Lafayette Banks have deferred fiual action, until they shall have received news from New York. It appears that the uspension in Charleston was not unanimous. The Bank of the State of South Caroli a and the Bank of Charleston, not concurring in the measure, will continue to pay specie. The Bank of Virginia an its branches have suspended. The Exchange Bank of Richmond was the first to suspend, and the general law makes the parent bank and all the branches responsible by orfeiture of their charters for the failure of one bratch. The Banks of New Bruns.vick, Camilan, Cumberland, Burlington, and all on the Wes ern side of New Jersey ha e suspended. A letter from Rochester, received in this city today states that there is every probability that the Banks of that city may be oblige to SHS. pend in The following table of one of the Macon banks, shows a strong position, having nearly dellar for dollar of specie for circulation: or the condition of the MARINE AND FIRE INSURANCE BANK and BRANCH BANK, at Macon on Monday. Oct. 7, 1839. Liabilities. Resources.
