Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-05-23

street were selling it at sixpence per copy. is CIR
culation already is nearly 1000 copies Amazing
Later from England.
The Packet Ship Garriek, Capt Robinson, arrived
yesterday morning from Liverpool, rom whence she
sailed on Monday April l7lh-one day later BY
her we have received our usual files. The political
news is no later than brought by the South America.
Cotton Market, liverpool April l7th--Sales today
are 2500 bales at the prices reported per South Anne
rica, April 18th The demand continues mited-and
at yesterdays prices. Sales today, 1000 bales of
which 300 American were taken on speculation, and
GOO Bengal for expectation.
None of the houses whose application to the Bank
of England was declined have yet given way
Messrs. Geo Wild & Co. have paid off what they
owed 10 the bank. Two eminent firms have not re-
ceved or applied for assis tance but has left of
dlscountng the paper drawn on them while the other
has been relieved by private sources. The British
fun : have been quiet this day Consols closed at
90l money and time. Three and a half per cent
reeuced annuities at 97i Ii and the new three and
hall per cents at So :. Bank stock 2o5 Premium
on Exchequer is SO 10 40, and on India bonds 81 to
49, In the Foreign House generally not much dong.
Spanish active bonds closed at 224; Coupons, in
consequence of the loan effected by Mendzabal,
jumped to as a AZ. English share market heavy.
In reference to tn interference of the Bank of En-
gland with the American trade, the London Courier
of April %, says
II
good deal IN her own power; and We pretty
she would consult alike her own interests and those
OF the pabllc were she TO notify that in future she
would unhesitatingy and at once reject all paper
drawn by or upon any house engaged in the Amer-
can trade, be Its partners who they may, that ad-
vmac.,d money upon open credits, or otherwise than
upon bins OF ladng, or that either bought or sold
American sec, ties. All such proceedings are either
inconsistent with socnd commercial principle, or they
las in the case of the sale purchase Of sccur
tles,) hostile to the public interest; and therefore
they ought 70 BE- IN as far as possible put down and
Upon the same subject the Morning Herald re-
marks =
very great question has been raised again, upon
the proprety of the bank direction having lent their
assistance to firms connected with the American or
any other trade in this city, Tor II IS certain that ap
picatons from other trades will follow. Among the
most experienced of the monetary interests It had
been agitated how far the bank has been at all us
fed making itself general yet partial banker to
firms which false principles OF trade have placed IN
difficulty.
If the bank direction had confined their limits of
business 10 the circle marked out by their charter
they would have been correct IN refusing the Liver
poo) oepuation the assistance for which they appl
ed; but at their branch banks in the northwest of
England, their late practice shows that they know
hsw to make chalk Of one party OF merchants, and
cheese of another. The departure from the ancient
mode of business q, the Bank of England is however
a strong proof that one cog being broken in the
wheels Of our currency system, must lead that body
either the Of greater expedency, or thorough
repair We are glad to learn that none oil the houses
whose application was declined by the bank, have
We believe that the firm Of Geo. Wilde & Co. have
paid of that portion of the assistance which they
ceived from the Bank of England on their personal
security, and that the rest is running off,
CITy-Sdturd1y Erening.-An express was re-
ceived at the North and South American Coffee
House this afternoon, bringing papers and letters
from New York, by the England, via Liverpool, to
the 18th ult, and from Boston to the 18TH After such
unprecedented hiatus in the receipt ofntellgcnce
either political or commercial, fro n the United States
II may well be imagined that this important arrival
created the greatest excitement and interest among
the mercantile classes connected with the American
trade. In fact during the past week anxiety was
wound up to the highest PITCH which, we fear, has
not been much alleviated by this arrival ny tho
commercial advices which have been received today,
it does not appear that the money market of the chief
cities Of the Union had at all improved.
The accounts received from Liverpool OF the diff
cues in the commercial interests connected with the
American trade, had seriously affected all branches OF
commerce, and almost suspended all transactions IN
cotton also, in consequence OF the accounts from
hence of the fall in the market value of that article
here This has prevented the shippers from complete
ing their export engagements but by the public re-
il appears that the expert of cotton from the
United States, from the LIST Of October 10 the LIST OF
March, was $4,000 bales, being $4,000 bales more
than during the period last year. Thlsincrenso
in the expectation Of cotton may be accounted for in
some measure, by the importation OF specie into the
states against wncn IL mas been snlppe0 10 tnis
country.-Londsn Morning Herald, April IL.
An nques, had been Reid the bodies Of the two
men supposed 10 have died of the plague. Ii was
proved that they had not worked the docks;
stated to have died Of apopexy the other Of debility
caused by recent severe attack Of influenza and by
restitution verdict Of natural death was rendered
Mrs. Wood rs TO appear in Balfe's new opera. Her
career at Drury is most splendid.
Tagon Is 10 receive 250000 rubles for her profess
sonal services ut the Russian court.
Mr. Forrest has quarrslled with theessec Of Drury
Lane and expects TO embark fer this country imme-
dIatoly
FREscH FUSDs-At the date above very languid.
AZ the close, however, they quoted at rs francs
% confines; active Spanish Bonds 23s. French 5
per cents LOST Csc. to LOG and upwards. Three per
cents, 79f SOC.
ID We have received several letters, relating to
the situation of the clerks this city, in the unpar-
aleled state of commercial affairs which we have been
Obliged to lay aside, accom-, Of the press of mat
ter Of the highest interest," constantly coming to ms
from every quarter. But what can We de? ANY
thing IN our power shall be done relieve class for
whom we entertain the most friendly feelings We