True American. [volume] (New Orleans [La.]) 1835-18??, 1837-04-05
OFFICE OF THE JOURNAL OF COMMERCE.


ry. The money market was getting easier, and
the sales ct cotton were large, at an advance n,
10 a upon the prices Of the previous week
though exhibiting slight decline from the high.
est rates Of the week Just closed.
1t will be seen that the Irish Municipal Reform
Bill passed the House of Commons on the All. h,
majority OF 80. 1t was expected the House Of
Lords would veto it, IN which case dissolution
OF Parliament was anticipated.
MIR. Stanley has been returned from Anslescy
by ma orty of 799 TO $780,
The number of lives lost hy the wreck of thu
Glasgow, was So moreihan double what wnssio.
ted IN the first account ofthe disaster
LONDON, Thursday evening, Feb % The iii.
rectors OF the Bank OF England had their usual
weekly meeting this afternoon, but nothing trans.
PRED relative to their deliberations The reports
relative to any ir. sh intention on their mari n in
crease the rate of discounts were partially revived
but discredited. 1t is mentioned that some plan
is under consideration by the principal private
baHkers 20 cquase the commercial discount upon
them. The commercial money market has no,
shown much sign of improvement to day, al.
though the accounts from Liverpool and Manches,
ter, received to day, are of more favorable char.
acier, as regards the state of business there
The settlement OF the February account has Ia
ken place to day, and without much difficulty.
The fluctuations, since it commenced, in Consols
has been ratherabove 2 l-2 per cent The differ.
ences are not heavy, md must be paid tomorrow.
''''''
yanced to SIG per cent. The current price of
C'nsos Tor the April account in the morning. was
W i-2; but II afterwards fell TO 90 3,8 For mo-
ney, the price did not close higher than 80 l-3.
The 2 per cents left off at within fraction of
par, and the Reduced Stock bearing tie same rate
OF interest at 90 3 8.-Exchcqner Bills are NOT
quite so hi gh as Yesterday, closing at 30 80. and
India bonds at 26 20 prem. Bank Stock left off
at 207 9, and India Stock at 257.
In the Foreign Stock Marke very little atcra-
ton has taken place to day. The spectators for
rise are stu kept in state of suspense, owing
TO me non-arrlval OF advces of the movement of
OF the Queens troops against the Carsts. AS,
however, It is reported that all arrangements were
complete Tor commencing the campaign on the
10Th instant, Spanish Active Bonds improved
tniie this afternoon, leaving off at &c Sd, after
having touched 81 for the account.
The Great Western Railway shares are rather
better this afternoon, closing at 1-2, and the
London and Birmingham Shares closed at SO m,
In the prices OF the other shares no marked varia-
ton took place to-day.
MANCHESTER, Feb. 25.-Norutcrn, and Central
Bank.-We have devoted a large space TO the re-
port OF the proceedings of the meeting of propre-
tors OF the Northern and Central Bank on Thurs
day. Noihingis further from our wish than TO
pear hardly upon any one ected with that es-
adjustment; but we must say that we canno,
look at the career of the bank, nor contemplate
the catastrophe of its close without n deem feel
many of the errors of the directors, in the man,
ngement OF the concern, arose from ig ora nee and
nexperence; but what are we 10 say of their ac-
counts in the private l'dger, and of the tralficnq
IN shares with bank funds
Repeal file Iar on Cotton UooL-The net,;on
rom this town has received 1894 SIGNATURES and
will be forwarded this day Saturday for preser-
alton by the right honorable the President of the
BOARD of Trade
LONDON, Feb. 23.-The letter of our CONSTANT
1ople correspondent, dated Jan 25, states that
Russian corvette had been driven by stress of
Weather upon the coast of Circassia, where she
vas immediately captured by the inhab itants
)ur correspondent adds, &c 1t is common obser.
'nion of the Circassians that they are as much
masters OF the land as Russia is of the sea, which
he latter take good care to confirm by kecping-,,
respectable distance"
LONDON, Feb. 23.-The debate upon the Irish
lunIcpal Reform Bill terminated at half-pa S,
nree O'Clock this morning, in manner that will |
II the public mind of the United Kingdom with |
y and exutation. Ministers have gained a com.
le'e triumph; the Tories have sustained the
'est signal defeat that that party have cncoun
'red since the passing the Reform Act, as will
c seen from the following division:
For Lord F. Egcr,on's resolution, e42
Fog Lord John Russcll's motion, 322
eavlng majority in favor of the Ministers of
ghty "
This must carry conviction to the minds of Tho
DRY party, in both Houses of Parliament, thai
cre is. no use In offering further factous resist
ice 10 a mcasdre OF justice and sound policy
nst year, when similar resolution was proposed
Lord Francis EgSrton, the Ministerial majority,
NV ~, was then Only o. This, too, after ali
e bonsting of the Tories OF their success at cleo.
,ns since that period.
PRIVATE Bills The total number of petitions
T private bilis presented to the House of Com
ons this session is 248; of which number there
81 IlIls Tor railways, 26 for roads, for canals,
Tor harbors, aud u for Enclosures. There are
lon9 the railway Hills four for railways to Bripb
y, in addition to one to Croydon. Many OF the !
way bulls arc, however, for altering the lines OF
ways, and extending the powers conferred by !
Is previously oba aed r
ssMENT:-Governme seem preparing II
abolition OF this inhuman practice The lords y
the admiralty have ordered the FLAG ships TO en- ST
30 first class hoys, of the age of IL, for foreign
vice, at pay of Ids. Cd per month. They are
to continue in this class more than three wears
lie OF battle ships are to enter ten; fourth and
Ii rates, eight; sixth rates and sloops, six and d
smaller vessels four, in addition to their pre- b
1t compliments. This measure cannot fail IN T.
we beneficial to our navy. f.
lnE PRESTON Turn Our TURN'D Non Tues. fr
last, their regular payday, the spnners and a
GERS who were out Of work, applied to the coun ~
OF the Union for their allowance, and were I
very coolly that all the money received would pa
do more than pay The arrears TO which il WINS
"fP'J - , ''''' tuclelOle COuIu re-
We no more money, andmight 20 as soon as they :
I'd, and make the best terms they could with
lr masters. Consequently, there was a gene
rush amongst the men who should apply first IL
work, and all the mills are now at full work. N
men having b"th signed the declaration re. =,
red, abandoned the Union, and many OF them 81
aged tor terms of six, twelve and eighteen Ell
nths, at the prices the masters offered them be. =,
they turned out on the 9th of November last ~,
H., ~ per cent. advance on their previous sin
res; and all they have received fIoa, the Union
;e then "a period OF l3 or IA wecks) Inns been
weekly for the spnners, and from 2s Cd. to 4s for
Guardian.
The amount oil wages paid 10 the turr-outs was I'd
Iooot a week; which multiplied by 10, the :
iher OF weeks, gives total OF 81 ,000L OF which Ca
&c foolish creatures Voluntarily deprived them N
es. Alter the Turnout had continued only :, +.
weeks, the number of applicants for relief at w
poor office was found TO have increased from :
er week to 29l. +" And for the moral evil 4
CHI It has occasioncd,'' adds the Piot, the =
and the christian will long have ou
er causes TO lament.'' So much for Trades ~ ~
'ns and their consequences ON ON
Feb. 24-ARRIvAf OF GoLp.-We il
) lcard that as much as l50,0)Ol in soyereigns !
received in Liverpool, on Monday, from The a
ed States, independent of large shipment Of L
lie despatched Tor London, on the same day. !.
ne London packet. 4
-
DIED, N
"Wednesday, March 30 after n linocr;nr ,IIncss -.