The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-05-13


the year. All articles Of American produce seem 70 De
on the rise, and growing in favor, more especsy ara
and tallow, which OF qualities and ct prices 10 dey
competition. The Manchester Guardian states as fol-
lows =
The Americans are not content with sending cotton
they are also sending cotton manufactures We I'M
derstand that amongst the recent shipments from New
York from 900 to 400 bales of calcoes which, how
presume must be intended Tor reshpmen to some
other part OF the world.
They will discover that low prices and dear currency
in the United States will do towerds competing
with England than all the tariffs in the world.
The newsby the steamers considered good She brings
f2ss0OO in gold at so, 81 aSi4OO The packet of the
10th Of April carried out the rate Of specie here
the receipt of that probably the shipments will cease
Although it is possible that after the departure of the
Western on the 25h the rate Of bills here will recede
Notwithstanding which some lots have been engaged for
France In relation to American stocks letter of
Barings, under date April g. states -
I'VE have nothing Of interest since last advices
Pennsyivani SIS are heavy and much offered at SO per
and some Ohio 6s may be had Is per cent There
Is buyer OF New York State 6s at SO per cent"
The debate in the British House OF Commons, the
2oth u on motion Of Mr. Ricardo in relation to import
duties is important developing the liberal policy Of the
British government in relation to commercial inter-
course Sir Robert Peel Lord John Russell Mr. Ricardo,
and Mr. Gladstone. tookpar in it. The tenor Of the whole
debate to the effect that the condition of England
such and her commercial affairs in such utter distress
that prompt and large reduction in duties is Of para
mount necessity This appeared to be an admitted prn-
cple The division of opinion was, whether in accord
ance with the motion ofMr Ricardo the ports Of England
Should be thrown open the goods of all nations at
nue. duties without reference to the tariffs of other
tries whether the proposed reductions should be made
use otto procure by special commercial treaties
pondng reduction from other countries Able arguments
were adduced both sides but the result that Sir R.
PEEPS view that corresponding reductions should be de-
manded from other nations supported by vote Of 81
to 1885, notwithstanding that the treaties with Brazil and
Portugal had failed and those of France and Spain were
expected to meet the fate This to decide the
policy of the government to that reductions in future
will be made the products Of any naten, faster
than that nation makes corresponding reductions in ia.
of British goods In relation to the United iates Sir
Robert Peel remarked
Then, with respect to the questions between us and
the United States think that in the of this year
heard the noble lord that nothing could be
ducve peace than good commercial treaty with the
United States; that the noble lord stated this very year.
proposition to tell the United states that we look
for return whatever from them for remission of
import duties on their articles1
The tariff of the extra session Of Congress is
likely to be of very serious injury agricultural in
terests.
The operations of the New York Stock Board have
been good Ohio os rose Canton, /; Illinois, I; Long
Island I. At the Board there small business
at similar rates.
Tomorrow, the 18th, the proposals for the per cent
Ohio stock issued in violation Of the State faith will be-
opened It is probable that it is taken in small lots by
different parties holders Of the per cent stock with the
view to sustain the late rise in that description.
The repudiated Treasury Notes rapidly coming
back int this market We have for $780, letter
B. date March ST. ls4, stamped its face as foows:
Interest paid to Jan. ls43 by the United States"
is alleged that these notes lost July ls42 and
in April s43 they had not yet to hand Yet in JAM
ls43 they received at the Treasury Department and
the interest paid them. Three months after the inter-
paid they repudated because is alleged that
they were lost before the interest paid The COM
muny will mol tolerate such gross injustice this.
The Directors oths Bank OF Kentucky perpetuating
act Of gross injustice the stockholders in this part
Of the country the withdrawal of the transfer books
The greater part of the stock owned in this city, and
when subscribed it conditional that the books
should be kept here When the fraud occurred in Pha.
delphis the New York books removed. If Phila.
dephia s dishonest il why New York should
not be trusted The effect is that while all stocks
rising and investments sought after, Kentucky Bank
stock is selling at 30 S. although the books show
be worth 90. The is that the trouble, delay
and risk Of transfer at q distance, makes people
decline buying II the books opened here the
prices would rise to 80 at producing the best effects
Who knows but Boorman would brush his old contract
and out of "Christian spirit" forward and take
stock of Little & Co. at such prices
The following table Of the rates Of domestic bills
II n-..-