True American. [volume] (New Orleans [La.]) 1835-18??, 1838-11-24

met m presentation, without. deduction of inter.
est for the unexpired time.
ARRIVAL OF The GREAT WESTERN.
The steamer Great Western, Capt Hosken lef,
Bristol on the eth at 3 p. m. and arrived in New
York at I0a. m. She encountered very unfavo-
rable weather, heavy seas, with westerly gales.
The news from Spain continues unfuvorable to
the Queens cause.
There was prevailing idea in the course Of
yesterday that the Bank direction were going TO
| reduce the rate OF interest; in consequence of
which which we waited until late hour at the
Bank tor notice on thu subject, which up to the
present hour, has not made its appearance; there
tore we may conclude that the Bank Direct lion
will continue heretofore the rate of in,eres.
upon discount at 3 liz per cent, and upon loan
per cent,
THE FUNps .--Consols opened this morning a,
the leaving off prices of yesterday, 90 78 "a, both
tor the Money and Account, with little doing as
yet; Excheequer Bills, Cd &c: India Bonds 81 Sc
Bank Stock, 20a ~; India Stock, 26O 426 ! r..
TlMEs.-A very general impr' ssion prevails in
the Money market that some measures are in con-
temptation IN the hank paror for creating greater
faculties IN regard TO money. Some notice on the
subject was fully expected after the weekly NEE,
ing held today, but it has not yet appeared, and
some persons inclined TO think that n differ
ence OF oPin' has arisen in the matter among the
directors. AS far as be collot ted, the inlen-
ton seems 10 have been to make parmanert that
arrangement by which accommoda SAN s at pre-
sent given tn deposit of bills Of exchange,
from the shutting Of the books at the bank to the
| pa yment of the dividends. and which is proposed
TO be dore at the rate of 3 liz per cent. No
one can doubt, who understands the question that
any attempt al this moment to increase the Issues
ofn the mart of hank hv ,hor
means than those created by the natural demand
Of trade must have an injurious effect, and the az
fairs have bean conducted with SO much plu.
dence since the crisis, that i, is difficult to una
CINE, but for the confidence with which ,hes
statements are publicly male, that any such
| intention exists.
Letters from Poscn Of the 10th inst. stnte, tina.
all the accounts received from Poland, and the
interior ct Russia spoke of the gigantic military
preparations now mahing in the southern provinces
OF the empire. II was evident thar these troops
could net be intended for Circassa, the nut lie
of the country does not admit Of such display OF
| large masses, and that they must OF course have
another destination. Ii was reported that the EN-
peror would review the army in person tow DIS
| the latter end Of October.
We learn, by letter Of the 28.h ult. from Con.
atantinople that the English fleet, along with the
Turkish, was then in the DardanelIes, and that it
was fully expected tina, the English would pass
into the Black Sea. The ex minister Of the int.
4lor, Akit Pacha, had been sharply demonstrated
with for having received the Russian am AMBASSADOR
a, his residence There was warm contest in
| the Turkish ministry between the influence Of
Russia and tina, Of England. The part acted by
France in the struggle was not positively known
A Tartar ssenger had arrived from Persia with
dispatches for Lord Ponsonby. He srntel tina, the
English had threatened TO pr oclam the Prince OF
Shiras Schah of Persia. ifthe present Schah per
sisted in laying siege to Herat, and the latter had
| from the
The Late Great Fire at Lirerpool-From the
official report Of tho fire offices relative the e1
tent OF the insurance upon the property destroyed
nj the late calamiious fire Liverpool, il appears
that nearly the whole is covered by the following
amour, of assurances Liverpool Fire Insurance
Office, % ,0OOl; Royal Exchange % ,000; Sun, 10
00Ol; Manchester, I4,000l; Yves, of England, 49,.
0O0i, Phoenix, 7,0O0t; London, 6,00Ol; York and
North of England, $1,000: Guardian, 4,0O0I; Scot
land, 10000; Yorkshire, 5OOl; Alliance, 2,G00k-
Total ll9.5OW The extent of the loss was est-
mated at 100000 -Eusraing paper.
Prince Louis Napoleon Buonaparte had arrived
in London, and intended to lead retired county
| life.
| Lord John Russell has returned from Ireland.
Departure ofthe Steam Ship LicerpooL-From our
English files We learn that this vessel lei. Liverpool
the 10Th Dot. The curiosity to her depart
great that the whole line of quays from the Queens to
the Clarence Docks, distance of two miles,
ded by people Of all classes One Of the accounts states
that the letters sent out by her filled cart, o the
bags containing them being heavy that one was as
| much as man could lift. The newspapers and other
parcels were also bulky.
The number of passengers in the Liverpoolis stated
Mt fityone, exclusive of servants and children. The
| following the
Van Buren, Esq, son Of the President of the United
States; Rev + alachin nd family; Nessrs Jones, w
Barber jun, H A Vanlamme W Day, - Smith, and
servant, Murdoch, W Smith and servant, Ortord, w
Murie jennings, Isaac Gage, Brown, Fl Norris, Hoppe
John Henry, Lamb, Williams, Richard Charles, Grow
der, Atkinson, II Bthnn and family Montgomery, DR.
Morrison, Fa guerittos, MIR and Mrs Kerr II Davies
Macintosh, Gordon, Thatcher, Lang lion, Homer
AMI Dawson.
rhe Liverpool has now been out ,wenty-onc davs
The ship had on board about so tons of dry goods
for which the of Is S. per paid 469 tons of
COAL and "a tons of Mr. Williams turf stone,
pressed fuel. Her consumption of coal is estimated
26 cwt for every ten miles; and, calculating upon
fair average passage, she will have surplus OF 147
tons of coal on reaching New York. AT o'clock she
was again put motion, and al quarter past she
- knots an hour. She is expected to arrive at New
York about the 9Th of November, and he back here
abont thu end Of the month. Her next voyage to New
York is fixed for the LIST of January, 1889.
LIVERPOOL, Oct. 90.
STEAMER LIVERPOOL.
| This fine vessel on Saturday last made an expert
mental trip To Dublin, with large party of the slare-
holders and directors of the company to which she be-
longs, and the result highly gratifying. In the
teeth ola powerful north wind amounting, during
inc greater part of me voyage, 10 gale she made tho
run in few minutes exceeding twelve hours, beating
the fine Post-nfce boat about six hours. The return
trip from Dublin made in ten hours and half
l5slR addition TO our regular extracts Of the
markets which will lie found under the mercan.
tile head, subjoin the following general SIX etch
Of the English markets from the Liverpool cor.
responder. Of the Courier & Enquirer, dated goth
October.
The English money market il dull and much af-
fected bv the of parties, and the general feel.
ing of disqniet which the resignation of The Earl
of Durham has caused to prevail. In American
Stocks the business has been exceedingly limited
for some days past; and the only change in the
quotations is slight fall IN the value Of U States
Bank stock, which ia about los lower since the
arrival Of the Grcnt Western steam ship. This is
considered, however, TO be mere ,ransitory
change, occasnned bv large rsmittnnces of the
security by the Great Western, as resort against
the expiration OF sovereIgns or bills OF exchange,
At the high price Of which the premium had risen
in consequence Of the demand for remittance by
that particular ship. In the negotiations for the
various new Stnte and other 10 ms, n"thing flu ther
has occurred in the market-Mr. McDuffie having
yet concluded no arrangement-nndC Col. Gamble
having only arrived in London this mnrng f,om
Arn,sterdam, where he declined tho offers of the
Dutch capitalists for the remainder Of his Florida
loan.
The cotton market, at Liverpool, is very active
atan advance OF one half penny per Id the
lowest of the former rates. The spinners nre
taking the article freely at that advance but the
ROYAL William is very impatientiy exDected by