Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-05-06

upSn che BSundary Qaessien,-Crisieal 81
suasion Of ne French Govsrnnens.-Pros.
pscs Of . nsvsiutisn.
By the arrival of the packet ship South America
Capt Barstow, have oar full fiies Of Liverpool
papers April sh Cher day Of sailing and London
to April 7th, inclusive We have also received
eoposs files Of English papers to the 4th, by the
Richard Anderson, Capt. Lseas, to whom we re-
tara our thanks for his kindness. otE
It's evident from the tone of the Loadon mniste-
rial papers that the British Government have com
nenced in sincerity te settle the Boundary ques-
tion without farther delay 1t is not improbable
that the present arrival has brought important dis
patches on the Boundary question to the British
minister at Washington. They were to have been
forwarded either by this packet or the Liverpool.
Business of all kinds is slowly improving in Eng
land, but money is very tight The Joint Stock
Banks have curtailed their discounts, and stocks
have fallen; this is owing entirely the nature of
the news from France, which gives a very unquiet
aspect the state of affairs in the metropolis of that
country Cotton had declined three-fourths and the
market very dull The position of affairs in this
country does not appear to have had any effect on
the money market since the lst Of April. There is
no danger Of any rupture between this country and
England but the aspect of affairs in France leads
to look for revolution there shortly.
Foreign Correspondence Of the Herald
LIVERPOOL, 7th April, 1899.
A long succession of easterly winds has kept in
ward bound vessels in the channel the
which is that we have later advices from n York
than the llth ult. have TO report complete
stagnation Of trade, especially in the cotton market
The sales of the last week point Of fact than
we have had for long series Of years in the same
time. number Of circumstances have conspired
to effect this, the principal Of which is the extreme
tightness Of the money market The average Of bull
lion in the Bank ofsEngland, shown by the return
this week, amounts, in round numbers to even mil
lions, being million less than shown by the previ-
Gus average and in the opinion Of those well versed
in such matters, the actual amount of bullion at pre-
sent in the Golfers Of the Bank, will not exceed five
millions. This, you will be aware, is owing to
the heavy importations of which have been
made into this kingdom. The exchanges are almost
every where against England. The high price of
cotton has, doabt, likewise affected the market,
as well the unsettled state Of American affairs. To
show you how much the latter cause is affecting
commerce, / may state that a few weeks ago the
journeymen watchmakers in this town, were in full
employment, and had in fact, much more to do than
they could well accomplish ; but since the warlike
accounts have been received, business has entirely
ceased, the manufacturers prudently resell wing to
await the result of the negotiations progress prior
to making fuller shipments. There can be doubt
that the feeling enters into the operations Of
merchants and manufacturers in general The duty
upon foreign corn is again Is Sd, this week next
week ii will be 6s 3d. and the week after los Sd
Large mpertations will soon take place from the
Baltic as the ice has broken and permitted the pas
sing Of vessels 1t is expected that the duty will be
again down to low point, il not at its minimum be-
fore harvest. The wheat plant looks exceedingly
well was over the country djacent to Liverpool
this afternoon, and passed through at least six fields
The blade is uneommonly strong and green, md
from four to six inches high Owing TO the cold
weather we have hitherto experienced, vegetation
has made bat little progress; the trees hardly yet
in bud, and market boast of few vegetables
produc ed in the open air without protection. Not
withstandng this, injury Whatever has been done,
and although harvest In general will be late, there is
every to hope that they will be good-the
ual period Of high winds aud bad weather, being now
passed away. The Liverpool steamer has obtained
nearly 100 passengers, and will sail the Goth inst.
Onc Of the iron steamers, building for the Glasgow
station, has made her appearance. Ii was expected
to accomplish great things, but has proved failure,
the wooden boats beating her by two or three hours
This has been owing TO the Ill consructio Of the
CINE rather than the fault of the principle for there
can be little doubt that the steamboat communicate
between this country and America will ere long be
carried in iron steam boats. The Colr mbus quick
silver steamer has left this port for London. The
last trials which have been made with her having
made il certain, far she is concerned that the
quicksilver principle does not succeed; The sales
of cotton IN Liverpool yesterday were 1000 bags.
STATE or TRADE IN MAscnEsTER.-The demand /
both for goods and yarn, on Wednesday, was ex-
ceedingy limited, and the market was in very de-
pressed state. Very little business done, and
that at trns reduction from the prices Of the pre-
ceding Tuesday. Most Of the ordinary criptions
Of yarn have receded about I'd per b. and printing
cloths about Sd pr piece. Frday.rhe present state
Of the cotton manufacture seems to battle the wisest
that both goods and yarns should have receded in |
value. is what one probably anticipated on this /
day SC night yet such is the fact. The sales since
Tuesday have been small indeed, and IL has not been
possible in pressing cases to maintain the de-
rates Of Tuesday Prices fully per cent
lower for both goods and yarns than th. day week
and still sell at that decline only small imports
have yet taken place of last years cotton CROP and
things in Liverpool have, for the last three fonr
DAYS, been almost at a dead look.
The business doing in the woolea markets is mod
crate, and rices continue firm.
ENGLAND.
BOUNDARY QUEsrIoH.-It has been stated that
Her Majestys Ministers and the American repre- |
sentative at London had agreed upon the basis Of
an arrangement Of the northeastern boundary line,
which had been forwarded for the consideration Of
the American Government The fact, however, 10 |
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