2

the last accts rc^d from [E?] are [rates? rather?] more
encouraging in their character [illegible] an advance
in value of all american stock had heavy
opperations - The money market in this
country at present is so unsettled that it
is impossible to say what [Sunday? any day?] may bring
[forth?] - This state of things [illegible] in consequence
of the anticipated passage of the State Treasury
Bill [illegible] of the [illegible] of [session?]
payment by the New York Banks - Philadelphia
will not follow the example as yet - or [Batten?]
It is to be regretted that the Legislature did not
authorise the Bonds to have been made payable
in Europe for if so they could have been sold
without the least difficulty now at 5 pCent [anew?]
than we can possibly obtain from them accurately
they can be made in the most acceptable [time?]

Very Resptfl yr
Wm Nichol

N.B.
If Gov. Cannon is not at home the centr^l Mg. Graham
or Sec^t Lea will please give as these circumstances -