Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-07-06

tiers from Liverpool spoke rather more favoraby of the
state of business there; but they observe that without
improvement in the prices Of Cotton the large
holders woad experience considerable difficulty in
meeting their obligations.
The latest letters from the manufacturing districts
were on the whole more satisfactory.
The Liverpool Chronicle =" 1t is curious fact
that East India Cotton has been sold in Liverpool du
ring the last week for expectation Canton At the
present prices il less to send it from England
China than from India
tThrtyseven gentlemen sang the following song under
the windows of the Princess Vctoria's edchamber
at Kensington Palace, the evening of the Oath of
May
Wake, Royal maiden from soft repose,
As Zephyr awakes the unfolding rose;
Sowe, like the bards OF olden day,
Would greet thee with music and minstrel lay
To sing OF the graces that smiled entity birth
sa y n ,ns gn1nn we are ~rsag
Fancy pierces The gloom
q w nlIas th s sesds p sssii illume;
Shall be bright the records that Sanen thy name
Yet Britannia, prophetic behods the proud s day
The vision i bright a. her own natal aay - L.,
A Christian Missionary has recently suffered martyr
dom In China. He confined in an iron cage, IN
which he could neither stand lie and portions of his
flesh were daily torn off with red hot pincers!
Over 20 900 persons held to bail in England and
Wales last year for criminal Offences OF whom 1888
could neither read write, 1898 could read and write
imperfectly, GELS could write and read well ls2 were
of superior education, &c.
A London paper says" Four balloon ascensons
have taken place during the past week--two OF the
monster machines from vauxhall Gardens, and two
from the Surry Geological Gardens. Mr.. Green in the
former accompanied on both occasions with eight
persons, and Mr. and Mrs. Graham in the latter also
had a company All the parties landed in safety, espe
cially the monkey Jaccpo, which ON each day came
down in parachute.
LONDON MONEY MARKET, May 26.-The abun-
dance of money at the Stock Exchange, induces the
apprehension that we may have a new iniiux OF TO-
reign securities and the exchanges once more turned
against u.s. The remedy Is easy to induce those who
have the power TO apply il. The Bank should bring
the deed weight TO market. This IS so clear policy
under present circumstances, tha were the directors
not deferred by the paramount consideration with
them Of keeping up the amount OF the dvldend there
could be no DOUBT of their willingness TO resort TO II
without delay especially bound as they are to give all
the assistance that may be required to the American
houses They cannot make money scarce by any
arrangement of doors that would not be breach
OF such implied engagement on their part, and they
could not reach the Stock Exchange by any other
process whatever, than that OF selling pubic secur
ties. IL any prognosc may be formed from present
appearances they will soon be driven to such mea-
sure which never could be attempted at more favor
able period Al a fair srcc the dead weight annuity
would find ready purchasers, and It's introduction
would check at oaca The influx OF foreign stock, and
probably in some degree OF the American bank pa
Der, II would also give TO the Bank Of England, at
most opportune PERIOD the power OF assisting com
merce TO a much greater degree IMAM Is al present
done, without danger or inconvenience II has been
said of the bank and we have adopted the opinion,
chat they never were in earnest IN the negotiation
which they allowed, BE- opened Tor the disposal OF
the dead weight tut we have been since assured,
that an Arrangement by some OF the insurance offices
for taking to the value in the annuity of about l00O
600 was broken of only by difference as 10 which
party should bear the loss OF selling the stock, when
was required 10 complete the bargain, the bank re-
curing money and not being willing to accept
If at at no n
miserable excuse; for where great public principle
was at stake II ought not TO have been influenced by
any considerations of q 10th an 9Th per ccht I'm
the making Of the bargain The Bank never can as
sumo the station il ought TO assume relatively TO the
commercial interest, until this great Incumbrance OF
che concern fairly spread and circulated among the
public.-Iimes.
LIVERPOOL CoTTos MARKET, Friday, May 20
We have good extent Of business dong this week,
and on the whole, frmer market, Mt about Sd adj
vance on New Dreams Mobile, and Bowed Naran-
hams have been sold nj lad to lid under quota
lions Of last week, but good Pernams and Bahias
maintain the rates then quoted; in Surat &c, there
A. not any change. There very little inclination
20 bid At the Sea Islands offered at auction today,
and only three lots were Sold and those at Sd per To-
under the lowest sale of last week, and which de-
cline business has since been done. There has been
A very rood attendance Of buyers here today, and
about 1000 bags OF all kinds have been sold Specu
1ators have taken 1890 bales Of American; and ex-
porers 900 American; 800 Fernambuco; $50 Maran-
ham; and 1900 Surat One vessel from Charleston
has yet to report The import this week is 3,755
bags and the sales are 1880 bags, VITO Sea
Island, lsa $3.50 Stained do 5 z 3.4-5s20 Up
land 4a7 l.2-l30S0 New 0rleans Ia a $3.50
Alabama &c 4 3.aa7 l-2-l2a0 Pernambuce, 7 "a
a9 l-2-l05o Bahia, ia l-2-l030 Maranham, 81
a9 liz.
LIVERPOOL Com Market FRrpAy.-The very
trivial arrivals up TO Tuesdays market, although IN
creased BY those in since, are upon the whole sui but
limited in amount, and the holders continuing TO an
- slxat n
season advances have been asking much higher prces
generally, during the last two days, which not being
met by corresponding feeling the part of the deal
ers, rather served check the demand, and prevent
any extensive business being done. AT our Corn Elk
change this morning in consequence of the warm
growing weather, the milers although mostly low IN
stock Dough, rather sparngly, and prices which wer
considered 4d to Cd higher yesterday, giving way
n nuyr n