The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-02-10

PREss.-lt appears that the Courier u Enquirer,
Tribune, Express, and Journal Of Commerce, are
not only incapable of getting late news from abroad
till hours after we do, but they cannot obtain q
correct account Of the effect the news may pro-
duce on this market, or any other market; they
not only rely upon the Herald for foreign intelli-
gence, but it would seem that they depend upon
talso for home news, orpublish incorrect accounts.
This fact has been fully shown in the last week.
Last Monday the Montezuma arrived with five
days later news.from all parts of Europe; this we
published in extra two hours in advance of every
other paper in the city, and gave it to the mer-
chants to use on the same day. On Tuesday,
the Republic reached Boston, with still later news;
this being important in a commercial point of view,
it was Immediately expressed overland to us, and
we published it exclusively on Thursday morning,
after having sent slips throughout the country on
the previous afternoon On Thursday the Roscius
arrived with later and more important commercial
accounts which we received at eleven o'clock in the
forenoon, by clipper news schooner; issued slips
and sent them in every direction, and then published
an Extra, containing colomns of matter, at
five O'Clock in the afternoon, thus completely dis
tancing every other paper.
Now, it was not TO be supposed that such papers
as the Courier, Tribune, Express, (Which lives on
the brains the other papers possess by stealing ther
paragraphs) and the Journal OF Commerce, could
beat us in the enterprise of getting the above news;
but we did believe that they could, in some way as
certain the effect it would have upon this market
In this however, we have been mistaken; they
could not evenget the fact that large sales Of cot
ton had been made, although those sales were
made under their very nose In proof OF this, we
will bring themselves forward as evidence.
The intelligence brought by the Republic was
spread before the public at a very early hour on
Thursday morning, in the New York Herald. This
intelligence was considered very favorable, and
when it was announced that we had news several
DAYS later by the Roscius, which we showed to
every merchant who called upon us, and many did
so, our market partook Of the exciting feeling
that pervaded the Liverpool market, and the result
is to be seen in the annexed extract from our pa
per OF yesterday
[From the New York Herald, Feb 81
Cor1os-The news per Republic, which arrived at Bos
tone Of ear market the day the ship
Roscus reported below. This gave a new impetus at
to transactions and some large lists changed hands
ed parties decline giving in their reports amount
ascertaned up to 81 P. NJ, was 5000 bales.
This is the true account of the sales here as OBJ
tanned from the best sources. What is the report
in the Courier and Enquirer of the same day.
From New York Courier and Enquirer, Feb 81
nounced below early this morning nothing Of Importance
was done in Cotton both buyers and sellers were anx
ous obtain later sdvces before extensive operations
made The sales othe last two days amount to about
1900 bales at yesterdays quotations.
What in another organ of the Wing party-the
Tribune?
From New York Tribune Feb 81
CorroN-The market is quiet today. We only hear of
some 500 bales sold and notice change in rates The
effect Of the later from England is not vet fully up.
parent, but there is better feeling in the market.
What in the Express, paper never guilty of ORE
ginating single idea?
from New York Express, Feb. 81
CorroSsince the news by the steamer and up to yes
erday the market has been dull and has fallen back
received via Boston, three days later which IA
vorable and in the afternoon was received by the
ing large sales and advance OH I'd. This put
the Cotton holders in good spirits and although no sales
made after the news had ranspired yet holders were
the morning the article will recover all that il has lost
The sales Of the week have been follows 0000 bales
ding fair to fair, 9& I0a good fair to fine. lo4 H.
5000 bales Mobile and New Orleans ordinary to middng
81 mddiing fair to fair 10 los good fair to ine
And what in the Journal of Commerce,
mercial paper in name if in nothing else Yet, in
in sober, second thought, this paper walked up
little, and published postscript
from Journal of Commerce, Feb. 81
The foreign has relieved the holders Of Cotton in
degree from the depression Of yesterday Some few
sales have been made OF small lots but general bust
ness.
p s. EvENxo-The sales of Cotton for tho Guy reach
1900 bales.
These are specimens of the accuracy Of the COM
mercial papers Of this great commercial city. We
exclusively and at great expense gave the news to
the public the public operated in the market on
the strength Of that news; and then we were the
only paper 10 give the correct report of their opera
tons yet in the face of this the Wall street papers
stouty lay claim to all the enterprise, to all the de-
cency, and to all the honesty of the New York
press Not only this but these enterprising con-
Germ, the Express especially, accuse of fabri
eating the very news we copied from the English
papers, which they or any one else can see by
calling at our office; and of dishonesty" as the
American facetously calls it, in using exclusively
the papers which cost us great deal of money in
large salaries to our news collectors, who board
the ships some distance at sea, at the risk OF then
lives. We suppose that if we would pay two Of
three hundred dollars to get four five days latel
news from Europe, and distribute it gratutously
among the lazy editors Of this city They would ther
call that d" honesty" and no " fabrication" Wha
folly How long will the merchants Of this city
submit to such humbug and absurdity?
| THE MATE OF THE OXFORD BAILED.-The United
States Commissioner having, upon argument o
counsel, reduced the amount of bail from Ssl0,00
to ST, 600, in the case of Gates, the mate of thu
Oxford, engaged in the late smuggling transactions
he was released from confinement, the necessar
bonds having been entered into by George Bell, O
lO7 South street. Yesterday he was arrested on
civil suit brought by the government, on charg
of landing goods without permit; the damage
were laid at $500, and he was required to give bal
for $3.50. This was entered by a person callin
himself Israel G.. Collins.
| The OPERA.-This enterprise goes rin(orSdndo
a sickly babe few days ago, upon whom an in
surance company would have gladly risked an
amount il ia noxy fullv grown and has all the syuu