The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-04-20
MONEY MARKET.
Tuesday, April 1876 p. M.

A much better feelinglprevailed to day in the street,
principally owing to belief that with the decreased dis
position on the part Of England to commit aggressioAs'
the probabilities Of q wsr betw cen the two countries will
diminish. The statement of LordlAberdeen in relation to
the right of search, is however a prevarication Eng
land never claimed that right in its broad sense but
they claim as much now as ever they did. They never
claimed the right to come into the American territory
to search for British subjects, but they claimed the right
to seize British subjects wherever they might find them
Even in the case Of Commodore Barron, that still un.
washed disgrace upon our navy, the English commander
had previous know ledge of the presence Of English sub.
Jects on board the American ship, and seized them
They now claim to {" visit, American ships to {" ascertain
her national character" being once on board for that
purpose, and then 6ading British subjects there they still
claim the right to seize them. The distinction betw cen
this right and that Of direct search exists only in the dis
stimulation which always characterizes English diplo-
macy. The ability to enforce the claim is however ex-
eeedingly diminished by. the condition of the empire.
The boat via Boston expected momentsrily will probably
bring another overland mail from India thirty days later,
and will doubtless be of great interest. Under these i'm
pressions the stock market was much more buoy ant
Delaware & Hudson rose IA Indiana, St Illinois, st;
Canton, / Harlem, ! Mohawk, 1t Ohio 6s, 1856, II
per cent. Sales.of bills on New. Orleans, 8 Charleston,
2 per cent.
The city banks at Augusta, Georgia, receive in pay.
ment of exchange the bills of the specie paying banks Of
the interior. The Bank of Hawkensville has been clio
sed by a writ Of scire facias issued by the Governor.
We omitted to mention yesterday the final failure Of
the Housatonic Railroad to redeem its notes.
The Mechanics & Traders Bank has declared a divi.
dend Of three and a half per cent for the last six months,
payable on the I'd of May.
The Union Bank has declared a dividend Of four per
cent for the last six months, payable on the ID OF May.
The City Bank has declared a dividend of four per cent
for the last six months, pay able on the 81 Of May.
A sale Of $4,000 United States 6 per cent stock, redeem
able in 1874, was made in Boston yesterday at 9ol per
cent.
The Solway arrived at Havana ON the 3lst ult. from
Vera Cruz, with 100000 in specie and passengers.
The London papers announce the arrival of the frsto
q new line of packet ships from Boston, at London; she is
called the Susan Jane, and her cargo consists of -four
shipped at 8 to 81 dollars per barrel, pork and tallow,
kegs Of lard and butter, and a large quantity of linseed
cakes. This shipment was OF course made without the
knowledge Of the reduction which is to be made in the
duty on those articles. The price of -four in bond was
ais Sd or 5000 per barrel at our latest date, and the duty
los ID per barrel, or 1884. If the new tariff bill was in
operation the duty would be rs Cd, or $3.50 per barrel
The following is a table ofthe present and proposed rates