The herald. [volume] (New York [N.Y.]) 1835-1837, 1837-03-20

tyset and opposite The Vesry Rooms ~ me Dutch Reformed
Church.
Important from New Orleans The CONNER
cial Failures.
Bv the express mail last evening, we have variety
of letters and newspaper slips from New Orleans 10
the 10th instant inclusive, from which we collect I'M
portan lnformation bearing on the present state OF
commercial affairs in this metropolis.
There is yet no absolute certai ty OF the resumption
of payments by the large commission houses Of New
Orleans connected with the Josephs. One account
states that the New Orleans banks have all come INTO
the measure proposed by the houses of Hermann Co.
and Others and that theold firm revived Reynolds x
Co will assume theirpace and meet all their engage
ments. Another account states that they must hear
in New Orleans from New York before any move
ment can take place there This Is precisely the con-
ditioa we are in here 1t rumored New Orleans
that the Josephs had failed in New York, but it was
not believed.
The effects of these failures on the money market OF
New Orleans appears TO have been salutary. The
demand for money had diminished, and good paper
was readily discounted by the banks. We take this
fact TO be rather indicative thatse depressed houses
had not got afoat again.
No accounts had been received of the effects IN the
legislature-bu it was generally supposed that some
thing would be produced, calculated to change the
action Of that body on the currency. The charters
of the Bank of New Orleans and the Commercial
Bank of New Orleans had been Professionally repeal
ed by one branch OF the legislature in consequence OF
their refusal to submit their affairs TO be examined
They are allowed to the second Monday of January
1888 to co nply with the law to be knocked out OF
existence The bill has however to pass the Senate.
1t is supposed the banks will submit.
The cotton market, like the money market, begins
TO look up. The great causes of the failures are be-
ieved 10 be land speculaons, combined with the ru-
inous system of the internal exchanges between New
Orleans and its dependencies. Sales of cotton are
increasing.
New Orleans is unusually gay and lively Two
theatres are filled every night and third theatre is
10 be built by Russell Celeste is there drawing full
houses Miss Nelson, Miss Horton Horn, and others
without number.
There was rumor in New Orleans that the Ex-
press Mails for several days previous had been de-
tanned at Rail Road Harbour, on their way 10 Mobile
in order prevent the of the failures from reach
ing Philadelphia and New York. till certain persons
had made certain arrangements Has the Courier g.
Enquirer been at its dirty work again? The Courier
stated that it had tho account of these failures several
days before they published. There is some
mystery in recent movements that want clearing up
first meeting to open with thirty fine horses.
LATEST FROM FLoRrDA-The Indian war seems to
be as far from a settlement The tales Of the
Sioux chiefs, about their being tired of war; wishing
10 surrender, &c appear to have been dictated by
that duplcity which forms the principal feature in the
red mans character. General Jesup himself places
very little confidence in those chiefs who have come
IN.
Dates from Taah assoc of the 4th instant bring
accounts of fresh outrages committed by them
par supposed TO consist of from so to CO. attacked
the hon, sc Of Mr.. Wallace who keeps ferry over
the One;llo He attempted to resist them but in vain
and finally esc. roed by swimming the river His wife
and two daughters were inhumanly murdered by the
savages. Lieutenant zimmerman pursued them four
miles, with a portisn of mounted men from Macon
county, but obliged to r.. urn Tor reinforcemens
An express has lust arrived fron Gen. Jesup, brln-
- despatches 10 the 18th ut We understand their |
contents 10 be- that several hostile Chiefs had visited
Cen Jesup and among the rest, the brother OF the
Micanopy, and il was agreed upon between them tha
Nicanopy should meet Gen. Jessup on the 4th, Ito
,orre,s) and then say whether he would accept the
terms proposed. In the mean time no Indian or In
an negro should go north of tbs road to NoltsIa or
w. ,he Ritblacoochee or East of the St Johns-and
MI Indians or negroes then out OF these boundaries,
should be Immediately withdrawn to within The pre-
.nrhcd limits The Indians desire peace; but the idea
of emprating is bitter pill TO them. No reasons ara
assiuned why they did not in on the 18th. This
s,ination looks suspicious. The sckly season
"a coming on, and they know they will notb brought
and will thus gain respite for another y9ar. In a
dav or two we shall hear whether they will come TO |
terms or continue TO fght.-.S Augustine Herald, |
March 3.
The JosEPHs.-The Evening Star is perfectly
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