Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-06-08

expedition Of 500 men across tho Ebro, the Ave ps
cents strange TO say remained firm at 263 Tor msney
BY royal ORDER published in the Gazette Of the 20th
the captains general were forbidden to deliver pass
perts for Madrid 70 military men, without her macs
! tvs express command.
TuRKEY.-C0nstantinsple April 5.-Mr. Bell, TN
merchant and supercarge of the Vixen, has again SCI
out on visit to his friends the Circasslans he u
understood to have taken with him presents 70 con
siderable amount and value for the chiefs ana SO COLI
fdent does heee, from what he himself mas seeii "
| their ultimate triumph over their oppressors' ula'
whatever may be the result of the pending neSoua
tons, he is determined TO keep even at ms persona
risk an intercourse with them mr.. BEL, acCohpa'
MED by several Crcassans took his departure IN inc
| Trebisonda steamer on the lst instant In conse'
quence constructions recevedfr from thelr government
the French commissioners that had been appointed fol
the negotiation of the tariff have been Withdrawn
Before any steps taken IN this affair." the French
governments DESTROYS to nave treaty arranged on
\ a similar basis TO that which has been proposed by
the English cabinet | need scarcely say that this
intelligence has proved highly gratifying to all who
take an unpreiudiced and dispassionate view of the
interests Of this country, and who are not plunged In.
/ to the miserable vortex of intrigue which now dis
graces the diplomacy of Pera.
UNITED STATES OF AMER,cA.-We have received
by the packet ship Independence, Captain Nye, ar
rived at Liverpool New York papers to the 10th Of
April, inclusive.
Mr. Bennett of New York, editor of the Herald,
"a very witty paper, and what is somewhat singular
in alliance with such publication, also celebrated
for the vgor and accuracy of It's "Wall street and
commercial rcports,'') has made calculation, by
which appears that up to Friday night the failures,
during the present panic IN that city, wereIHere
follows the list
singular feature in this crisis is, that with the ex
cepton of one very small country bank, which has
merely suspended payment for sixty days not single
American banking institution has failed! Josephs'
private firm, but no bank founded on the pub
lie and general principles of American banking has
failed
TEA SALE-This morning at the usual hour, the
great public sales of tea consisting OF about $4,000
packages of all descriptions, commenced at the Com
mercal Sale Rooms, Minclng-lane. The failure Of a
large house in the +. India and China trade,on Saur-
day. in the city, tended much TO depress the tea mar
kel; and the general expectation was, that the sales
woHd be very dull and SO they have proved, as far as
the sale has We, shown itself The little which has
sold has gone at lower prices. There was good at
tendance of the trade but this must have been more
from curiosity than business
LoNpeS, April 29.-The greatest attention is, how
ever, fixed upon the Bank of England The state of
commercial relations in the eastern and the west
world must involve the directors of that corpora
ton IN very great responsibility an artificial expan
sion OF the currency in Great Britain and America
with reckless contraction of the same in both coun
tries bids fair to shake the commerce of the two to
its foundation. The greatest caution, combined with
lberalty, ought 10 be now exercised by the bank d.
recton here. The policy of their opening credit ac-
counts with the principal banks of the United States,
whilst so large an amount Of bonds is in crculatlon
has been seriously questioned and the directions have
taken pains than formerly 10 obtain correct IN
formation of the state of the commercial money mar
Ike, on the other side of the Atlantic.
BY the return Of the aggregate amounts Of notes
circulated by private and Joint stock banks IN Eng
land and Wales between the 3lst of December 1896,
and the LIST of April 1887 as compared with the like
previous quarterly RETURN II appears that the issues OF
private banks have decreased in the amount Of 479,
7l6l and those of the lolntsock banks in the amount
of 50297Sl., the total decrease amounting to 90O63
This great reduction in the rural currency during 30
short period accounts very considerably for much
of the pressure which has been felt at distance from
the metropolis and large amount of the reduction OF
the circulation of ont-stock banks may DC attributed
the gradual winding of the affairs OF the North
ern and Central Bank Of England.
LIVERPOOL COTTON MARKET, April 2s.-Our posi-
in this has been greatly altered since last week An
active demand sprung up and being me, BY The trade n oe
by the large import the recent accounts from New
We consider prices OF the best description of
full Id per 10 higher than last week. other kinds are IN some
instances he LETTER. but not suce To induce Us 10 Change
The saes i win be sesn amounto % ITO bags includes
5000 American and 800 Sura taken by specuasr and 300
American and 500 surais for export.
1900 Orleans and 800 Laguaras are advertised Tor sale on
APRfL 2a-The sales today $500 bags, including 900
bags American on speculation.
neral aspect The sales today $50 sura Sld Adj 200
Bahia "a; 100 Maranham SD lodi 60 Egyptian, l2d
lad; GO American, ID. TO lid.
CORN EXCHANGE, April 2s.--The market today in
Different. supplied the demand being at the same time
being speculative purchasers from the fine weather having
made great Improvement in the crops this part Of the
and very Ie old Flour wa. also very usaleable and re
lower Gas and oatmeal barely supported last quotations
each be considered the cheaper There has been
hardly any business doing in bonded grain OF -four