The herald., 1837-05-10

BY the Packet United States Holdrdge we have
accounts from Liverpool to the Sh inst No change
in money matters. The following are extracts =
"LIvEHpooL, April THE South America had
twenty nine days of wind out of thrtyfve, and
we fear that the Penns sylvana will do little better
The packet agents haze now out two steamboats,
looking for the vessels still due.
"Commercia affairs are now in the very deepest
gloom, and the greatest embarrassment felt Owing
to the want of confidence, bills really good cannot be
discounted, and the evil thus increases, by the diff
culcs encountered in meeting acccptances.
"We hope the Pennsylvania may bring news that
may allay the fears those who had given orders for
cotton, and thus produce favorable effect The sales
of cotton this week II 600 bales including 1850
speculation, and prices I'D per ID. lower 1900
500 barrels fine at l2s. Coverseed is rather lower.
The Corn Market is excessively dull, and prices de-
cnng.
"A few days will relieve the money market from
the pressure of great many bills on the London
houses, falling due about the 18th; and this well got
over, we shall probably have more confidence.
LIVERPOOL, April 9-The pressure on the money
market is most oppressive, and until il is materially
relaxed, no change of moment for the better can be
expected It's distressing to contemplate the inroads
that the depreciation in many kinds of produce must
make into the fortunes of those who are trading on
their own account
been transmitted TO the Chancellor of the Exchequer
for a loan property; and much good would re-
suit from compliance herewith, should be happy
to lear of its success
"Mr w. F. Porter, in the East India trade has
stopped payment and thsre had been some other en-
barrassments which we hope are overcome No news
this morning of the Pennsy lvania."
Cry Wednesday Ecening.-Beyond the foreign
intelligence which was amply detailed this morn
ing IN this Journal have nothing farther TO report
1t cannot be denied that the inconvenience felt, in
consequence of the onarrIval of the New York
packets, has been very great. Much allowance has,
understand, been made for parties who have been
sngularly situated. 1t is, however, satisfactory
to state that the majority of the acceptances left
honoured yesterday, were taken up to day, which, of
course, has materially tended to increase the conf
dence in credit 1t is alse said that the firm to which
we elluded yesterday, will resume their payments
The election for the directors of the Bank of Eng
land took place to day. and, was anticipated, the
house list was elected without opposition. The court
of directors, with their governor and his deputy will
not however, for the next year sleep upon bed OF
roses. "Coming events cast their shadows before
and the Bank of England corporation will have. to
struggle with that which as yet they have never
countered. Mr.. Pattison has had trying time of his
governorshp the ordeal of his will not be
less severe.
The transactions in the British Funds have not
been very extensive. They have however, been
marked by rather more firmness Consols have clo-
sed at the improved quotation of 90S for money
and account. The three and half per cent. Redu
ced annuities 98s for the opening; and the new
three and half per cents 9St g. India stock is l59
for the opening. The pre- MUM upon exchequer bills
has advanced to 81 3S large amount, and to 80 80
on smaller. Indian bonds are IS 81.
AMERICAN STocKs, April 6.-New York skies, 1887,
SO; Mississippi skies, l66l-7l, l04t; Pennsylvania
fves, 1865 96l; U. S. Bank, 23Ai. PAL; N. Y. Life
q Trust 81; Alabama fives 1863, 80 a 81; Indiana
hves, 1852 80; Maryland SKIES, 1870 los; Louisiana
fyes, ls44 40, 95 Bank of Louisiana 24,l 24tL;
Florida sixes l65S64, "a do. do. 1860, "a; Canada
bonds fves, 100 l0l.