Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-05-08
Mr. Pa.sy. 22s; Odillon Barrot, 1873; DaPin, 9

Mr.. Passy, 22s; Odillon Barrot, 1873; Dap'n' y;
Dufaure,
Counr.c1AI STATE or FRAxcE.-The first quar-
ter of the year 1889, will mark fatal ePoen IN the
history OF commerce and manufacturer IN france;
our system of production, not long ago ProsPeroH
and brilliant with hope, is prey TO crisis winch
pats stop to al business and suspends operations:
what may be the intensity Of the evil its origin or
how long it may probably last! Such are the grave
questions we shall briefly examine. ,
If now il be to appre cate the influence
Of the crisis over trade, it may be resumed IN some
ciphers which represent, asst were, the postlon o.
our principal manufactures Cottoh a. wen Ahown'
supports of the largest manufactures OF the coun
try; the great market which furnishes ats supplies
10 at Havre now, the sales OF cotton az Havre whch,
during the first quarter OF the year 1853 amounted
to 81 900 bales have been reduced to "A OOO bales,
that is to saw one half less during the quarter just
ended. A similar diminuton will appear still more
affecting, when it is known that ON the first market
in England, at Liverpool the sales during the cor
responding be riods have the contrary, risen from
$4,000 of 43l GOO bales oil cotton; is true
that considerable portion has been bought on spe-
cuaton, bat this rise likewise proves the increasing
activity in the operations OF our neighbors. How
ever this reduction in the sales OF cotton at Havre
naturally accords with the advices which we receive
from the towns at Mulheuse as welia
at Rouen the demand for manufacture goods Is next
tonethIng and great many trades have been stopped
The silk trade, which is not yet recovered from the
wounds il received in 1857, and even during the COM
menccment of 1898 in consequence OF the crisis IN the
u States is again checked in the midst ofits efforts
Lyons is suffering from the consequences OF the want
of consumption which paralyscs all operations, and
the mandatory Of St Etienne has at this moment
upwards Of 500 600 frames OF goods left for their &C
count at Paris. In order to complete the informa-
ton respecting the mandatory OF stuiis, we have
TO add that dy eing materials have equally experien-
ced a considerable dminution In sales.
But the manufacturing branches which have been
most struck by the crisis, those which together
constitute the trade of Paris. 1t is understood In
fact, that these shops, which produce the greater
mart afO oh aT luxu m 81
from the decrease of consumption. Jewellers and
cabinet makers are in vain expecting orders at Pc
riod when there usually exists much activity. The
| market at Paris is likewise ncumbered with disas-
ters The wholesale and retail trade are mxch in
jured and have heard that the losses by the fai-
ures, declared only during the month Of March, have
then bee ONES of the workmen Those who have
had any foresight recur to their savings, the REIN
bursements Of the Savings Bank having exceeded
the deposits by 600 francs during the last month
As to the unfortunate who have nothing before them
they obliged to submit to privations which they
not always able to support. Even the mos
important consumption OF food, principally that o
meat has suffered a considerable decrease in Paris
| lie Commerce.
Letters and papers from Madrid Of the 9th inst
have reached us. The Supreme Council OF War ha
decided that il is important to try Gen. COrdoya
whose offence renders him only amenabe to the ordi
nary tribunals Of the country. One of Espartero'
paymasters is missing, having taken with him in M
Hight SSIUUUU belonging 10 th6 army OF the NORM
Don Carlos remains at TOlOsa.
EAST INDIES.
We are happy tn state, that very satisfactory &C
counts have been received from India. The Britis
troops have taken possession Of Hybradad and Buk
kar without any resistance the part OF The natives
The possession Of these places will give complet
command Of the Indus. The Ameers OF ,cinda hav
submitted to the British Government Sir III. Fam
retains the command of the troops. The state o
British interests is represented as highly satisfac
| tory.-Giobe.
which was observable 1G ne value 81 .s
and Foreign Securities has been fully maintained this
The business has however, been limited
Conols have been done 92s TO for money and 9l to
the account they 92 buyers for money! and 81
to for May. Exshequer Bills IS AZ premium Ban
Stock 1861 1877 India Stock 2s4i to Il and India Bond
There has been rining advance in the value Of Unite
States Bank Shares in the other descriptions there has bee
rares, d~,-g na-alsssa hiehs
Company going 10 increase their interest in that unde
ing; they now al de- Great Western premium
London and Birmingham S. to 81 prcmium ditto Quartz
Shares. 10 to 20 premium; Brighton, 81 discount Easter
to ds Southampton, AL to 43k dis ditto Gospsrt
7lpren; Croydon III TO IL prem; ditto Script to ~
and the Manchester and Birmingham, II TO 81 dis per share
LONDON CoRs MARKsr. April H. English Wheat met
good demand and from its scarcity fine white obtained
ofls to 2 per quarter the currency this day
night whilst the sales Of foreign oay moderate
sbos the sale. Of last week. which applied to re-
Engsh 40 i%provemen, geaeray being o6,anabls thi
mari. .,s in fresh and p r ordr Wheat K e.
Esy 66. 7ss Suffolk, IS "a; Norfolk, 90 7a Flour
81 90; de-, fine s. 81 Very email arrivals reported
kinds Of gram The Wheat heavy the factor
willing to accept Is to per quarter less Thurs
day. Barley, Beans and Peas aimed their value Oa
scarce, and higher demanded The wheat trade has not
been brisk this week The duty Wheat will be los Sd th,
week.
LvEarooL Corror MsWKsr April oo-The tras.as Tic n,
during the week have been exceedingly lights Judging from
the continued Encouraging accounts from the
Districts not surprised the trade buying
yet this inactivity market make it'll. or no i'm
preston the prices or America descriptions the holders o
which, particularly importers shew little
preestherefore cannot redsce
them Psrnans and Maranahsms heavy Of SALE
beea rather pressed upen the market al decline d per
III, particularly the latter Sea Island without alteration
Spectators taken $50 bales OF and
200 American, 30 Psrnams, and so Maranham.
II 10 conceded that the
least IL per CENT less than the average year; aad
IT continues this diminished scale 10 90.
innate the falling of for the 100000 kind,
IN. least. The trade have only taken this year this port
10 bales against 322 $40 bales time last wear
e~ng difference Of $40 bales per week The sales today
1900 bags osy The import this week 80 the
,ales are 1910, viz,
Same period Last year.
Sea Islasd 20 81 Sea Island lsia -
Stained ditto eaT Stained ditto Ga
Upland sla 10 Upland ola g
New Orleans lila l0i New Orleans 5la q
Alabama, &c sta 10! Aabsma, &C STA "a
Lr,nrooL Psopucr M.nKrr, April 2oh-CoLos,.t