Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1838-07-16
Bennett.
LETTER NO. XII.
LONDON, SATURDAY EVENING, 9th June

LONDON, SATURDAY EVENING, 9th June.
Nothing very important has taken place today
The Continental and South American securities are
getting more and more into dscredit. This looks
very favorable for the sale Of American State stocks
am more satisfied than ever that the attacks made
for year past American credit has proceeded from
the operators in these foreign bubbles. The atmos-
phere Of mems minds is clearing up amazngly-the
newspapers beginning to understand the y,st re-
sources and solidity of the United States. am doing
all | can TO shed light abroad 1t is row generally
admitted that no movement of any magnitude will
take place here in the money market, tll furthsrnel-
ligence received from the other side. Money very
plenty at q TO per cent The offerings at 81 made
by the Bank have had few takers Railway stocks,
Joint stock bank shares, and American state stocks,
are the only favorites here. BIddle's talents as a
fnaRcier, are ri,ing in estimation every day. Where
will he stop7
Yesterday, Captain Roberts, of the Sirius, was pre-
scented TO the Queen the first man who had crossed
and re-crossed the Atlantic in steamer This subject
is still the great talk Of the day. b.
lFrom our correspcrdertl
MoSrY MaxxEr-Tbere Is bu, lule news % In,eres, To
@ wioost any arrival. your % the water,
With - . !" h. - sna ner ri
safety he Sir Loie smith steamer Is well known
here hsshe but small boat, could sufficient
lat her "a days bring the time he has beea
Il she len your port on he 18Th. a. advertised
bat lie busn doing 10 the Americas
euss. alteration notice II In the States
shares which have advanced cent the price being
E2S q cd but iew holders inclined SELL as the general
onioa hn farther savscs viii take place. not only In
these, hut Va oil, banks sSd state stocks.
During th. presest wees, material alteration has taken
place marset The amouni OF business sctsd
having been Comparatively limited extent NY the last
hres ships that have arrived from your side In
formed oriers Tor British manufactured goods
have been received, but theirs neyeh. appears to he
vs OF trade manufacturing districts and the veners
opinion appearsto be- hsthe coamere~ between the Unu
vii he atty increased WHEN The
of payments becomes gsEerai asd the steam
FREQUENT which will shortly he the have
the inform that Liyrpcos not TO he left
loIg behnd Brilo snd London, ~ coBrectng the United
-tatss with Enessd, by stesw across the Atlantic the
Roy al William werul vessel o TOO and INFORM
90 by genean who well SHOWS her merits that she IL
and a. fast aboai inre country and appoint
osal from Lyerpoo on the 5h July ensuing, by which
coHyey shall lyse of the opportunity u sensng
YIN the last dvices from this csuntry
In the markets colonial produce, considerable snimaon
prevs-d and greater degree Of fairness hss bsen e,h
In Liverpool demand Cor cotton this week has
annsud AMI prices 81 mdsng ordirsry American have
gsdusy safened ccssg fully per III lhos- Of FIJI
GAY a,l June The nskstsp heavy to-day, and the
taken THIS week 80 baessf American and sper ~
Letters have been received In Iondor this morning
Bue' - hyre dated VI. 2sh MARCH, which fully coah
seooun. receiv.d 81 the bocssde por, by
TING thst the british nsva had placed yspsraso under
Llch ado srelne Tom esp am - merchant b. ing
hot also rSm ~ srsnuc hJes,ys e. nsu on his
peension VI the sns iet bslnr u ,,,d Win
dsr~r ndrriv. Thu. three souih Asser,,ss q, ss
are under bschsde The rupovs the son Am.y,r.
Bend bsde BY the sssusd state of be rrovsess ,he