The herald., 1837-05-03

Sax Days Letsr.
BY the packet Hibernis, we have highly interesting
accounts from Lennon to the lstut and Liverpool
the ID The state of commercial relations have not
changed since the last arrival. The news will be
found annexed.
LONDON, March 28.-More confidence has been ex-
hbited i'm the commercial money market today and
the aavices from Liverpool also much salts
factory. Commerce there had shown disposition TO
revive, and the sales Of cotton were expected to be
greater today than they have been for some time.
March 27.-The uncasiness which prevailed during
great portion Of this week with respecte the arrang
ments that have been in progress for the object OF
slsng the merchants here and at Liverpool who are
engaged in the American trade has been dissipaed to
avery great degree in consequence OF those negoua-
tons having been satsfacto lily arranged and the
goclant parties from Liverpool have we understand
lett London with an impression very favorable toward
the bank direction, who have met their views to
greater extent than even the most sangune OF the par
ties anticipated We trust that this calm in the mo-
ney market has been founded upon a solid basis. In
fact the occurrences OF the past two three weeks
trust will induce them TO give up their Lgotted opn
ons and promote to the utmost searching reform in
our unstable monetary system.
BY the arrival of the packet from New York we
have commercial accounts TO the 18th of February
which have materially relieved the anxiety which has
prevailed in commercial circles, particularly those
more Immediately connected with the United States.
Money continued still to be scarce for commercial
IL per cent to La 2per cent. per months. Trade
had become very brisk, and altogether the features of
commercial affairs in the United States have consid
eraby improved There was greater demand also
for British fabrics An opinion prevailed among the
merchants of New York, that the difficulty OF dis
counting American paper here would compel them to
send specie to this country even at sacrifice on the
amount, of the premium upon gold the discount
rates here. The exchange on London ruled at Ia
IL, and United States Bank Shares had advanced
to l2el2
The city article Of the Timss, April |, says that the
arrangement for establishing a large credit on the
Bank of England IN favor Of the Bank of the United
States is understood to be on the point of beng
ricd into effect. The arrangemc II is spoken Of
affordng American merchants a medium OF payment,
to fulfil their engagements in England, TO which no
exception be taken either side Of the water
and as tending rather to prevent than to facilitate the
transmission of buion-it being most important
matter, not to force the Americans to send gold at
present.
The failure Of Fry & Lightfoot, bullion-brokers is
announced, and with SURPRISE as they were believed
not TO have been engaged in any OF the dan yerons
culations of the day. The Liverpool failure is the
house of Bentley q Co. Besides these, failure in
Glasgow is spoken Of
The arrangements with the Bank of England for
the relief of the American houses in London has been
completed. the money received by them-and it was
believed they were cut Of danger 1t is also stated
that an arrangement has been effected with the Bank
Of England, BY which the Bank of the United States
will be permitted to draw without immediate
mit'ance of spsce.
MARCH 3O-AmERIcAN SrocKs-Ncw York fives
vania fives 1865, 96i; u. S. Bank shares i24; New
York Life and Trust Co. 81; Alabama fves, 1863 80
81; Indiana fives 1852 9O Maryland sixes 1870,
los; Louisiana fves lS44 81, 96h; do do. lS40, 49,
Ga "a; do. do. 1860, GA; Canada BONDS 1855, 100
l9l.
The Morning Chronicle has very strens, and ap-
parenty semi-offical article advocating the repeal
A.. J,,t, TLor rn ,ot
sion of the article, which we consider highly lmpor
ant.
Mrs. Fitzherbert, the much esteemed and highly
respected widow Of George w., died at Brighton on
attention from the royal family, and no dispute is
made Of the fact that she married TO the late
King according to the forms of the Catholic Church,
of which she was member
The morning Chronicle (ministeriaD declares,
if by authority, that nothing short Of minority in
the Hou2e 9f Commons will drive ministers 10 a re-
sIgnaton.
The Pembroke, English seventy four, being driv-
en- from her anchors by violent gale, in the Bay Of
Gibraltar was twice rescued from impending destruc-
ton by the French seam-vessel Minos.
The opponents Of Church rates are not content,
seems with petitioning against them they re-
fuse to pay ihem in many places, and the church
wardens are forced TO dlsran and SELL whereat
loud cry of oppression is raised.
The commotion excited by the affair of the Vixen,
appears to have died away. Russia is understood %
have given up her exclusive commercial advantages,
ender tse existing tariff treaty with the Porte, for
the purpose Of Joining the other powers IN general
tariff and this concession Is said to nave been pur-
chase by Lord Durham at the price of a stipulation
tsat nothing m sre shall be said or done by England
about the Vixen business.
The Marquis of Bath died on the 21th in his 73a
| year and the bis. op of Norwich was not expected
| to live more than few hours onrhe 3lst.
Mr.. Vance, a surgeon OF great eminence, was Kill
| cd by an insane paticnt-a Mr.. Broadly-who rush
ed against him as he was going up stars and knock
cd him to the bottom by which Mr. Vance received
so severe injury in the head that he died on the
| 9th of March-six days after his fall.
The .ew spacious AID elegant building erected for
| the Mechanics Institute, in Liverpool, nearly
destroyed BY fire on the 10Th of March. 1t was but
| Just completed, and was to be opened on the next
day. Damage estimated at Is, 900 dollars. The .uild-
| ing cost about 40 000 Insured for 10000.
Mrs. Wood reappeared at Drury Lane, on the night
Of Marcs 81, TO crowded house and rapturous ap-
| plausc
An actor named Campbell was shot dead, at the
Manchester theatre by the property man-accldent-
| ALLYN the performance of melodrama.
| CHARGE OF MuTISv.--On Monday Ebenezer
Howes master Of the ship Archmides, of New Or
leans charged eight OF the seaman Of his vessel with
mutinyng In the chanael near Tuskar. Ii seemed
from his account that he had been on bad terms with
his crew. whom he accused Of habitual disobedence.
He admitted having knocked one Of them down, but
did not appear that anything had occurred within
the jurisdiction Of this port Mr.. Hall referred him
| TO the American consul. IL was stated by some
of the men, that so far from any mutinv hayn,y heen