The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1845-05-20
Turkey.


nent hasted to grant him. After his departure the
Arnauts assembled to the number of 1000 and sud-
denly attacked and plllaged the convent Of ST. Ar
seine. They then attacked another convent, and as
sassinaed three monks. The negotiations for peace
between Turkey and Persia have not yet arrived at
any result. Mira lshafer and Enverri Ehendi, the
two penipotentlaries, endeavor by every artfce to
gain the advantage one over the other, but without
effect"
The Smyrna journals of the 9th ult., contain ac-
counts from Beyrout of the Bird. Syria was then
comparatively calm, and 1t was expected that the
concessions made to the Maronites by the Porte
would have the effect of pacitying Mount Lebanon.
The news of the dismissal of Essad Pasha from the
government OF Beyrout, had caused much sensation
and regret In that town. Advices from Damascus
of the 10Th ult., stated that the Mecca caravan had
been this year more numerous than ever, and that
no less than 1000 Persians accompanied it.
China.
The Hong Kong Register of the 4th of February
says-accounts from Shanghai are to the I'D ult.-
What trade was carried on was chiefly by barter for
raw silk and teas, principally green. 1t was be-
heved that during last year. transactions to the ex-
tent of nearly one million sterling, (ncluding ex-
ports) had taken place.
India
A mail has been received from Calcutta, by the
overland route, to the 9Th March 1t brings scarcely
any intelligence. Sir Charles Napiers expedition
against the robber tribes in his neighborhood, APP
pears to be at an end: The leader who stood out
the understanding that his life to be spared and
that he was to have some land beyond the Indus.
The Punjaub continued in its unsettled state; and
all was speculation as to the future movements OF
the British troops concentrated on its frontier :" II
is, however," says the Bengal Hurkaru, " hardly
likely that shall willingly rush into war at the
beginning of the hot season. and the general impress
sion seems to be- that the Sutle frontier is being
strengthened on the chance of the Slkhs crossing
the river, and that in the next cold season we shall
pluck the pear"
The Governor General" continues the same
journal, "yet remains at the Presidency, and still
lends the full light of his countenance to the cause Of
education and internal Improvement. He has since
our last presided at two scholastic anniversaries,
those of the Hooghly College and the Calcutta Ma
drissa or Mahomedan College. On each occasion
the amelioration of the country and the moral and
intellectual advancement of the people. But it is
evident that these pacific employments do not en-
gross his attention or divert his mind from the pecu
liar external relations of the country at the present
crisis and nobody would be taken by surprise were
the next Calcutta Gazette to contain proclamation
OF war with the Punjaub, or were the Governor Ge-
neral next to be heard of on his way to Ferozepore
The papers are full OF comments on the arrest OF
Colonel Wallace, for excess of orders in descend
ing the Elephant Rock in pursuit Of the rebels of
Sawunt Warree. His object was to take the village
OF Seevapore. He conveyed 600 infantry, with NOR
plies, NC, down steep ITO feet high. After the de-
scent of that precipce says the United Service Ga
sette, the troops and artillery had pass along the
ridge about 200 yards in length, and only wide
was perpendicular scarp of about $50 feet, on the
left slope of some sixty degrees, not above twenty
feet In width, with perpendicular fall Of several
declivity Of at least forty feet leading to second
ridge OF about 300 yards in length, and but little
wider than the first terminating In third tall OF
about twenty feet, from which pathway, running
over undulating ground covered with thick Jungle,
led IN the vlIlaOc Of which 10 ahOut
miles distant from the Elephant Rock and surround
ed with jungles all sides" Colonel Wallace had
received orders from General Delamotte not to adj
vance, but he received the orders after the advance
had been partially commenced, when retreat was
impossible, except at frghtful sacrifice; and sue
cess is regarded as ustifying. the daring manDu
The rock is now called Wallace Droog.
By the last mail intelligence reached this country
ported into British India. The Calcutta Chamber
OF Commerce met to represent the injurious effects
which the proposed measure VIC ,ld have upon COM
meTce' win respect both to i've local government
since been ascertained, upon good authority, that
there is intention of any immediate change, but
that the notice was put forth by way of obtaining
the opinion of those interested.
Markets.
LONDON MONEY MARKET, May 8, p. M.-Since our last
the English Securities have been fiat and heavy Consos
have declined onehalf per cent and business to limit
ed amount only has been transacted The agitation Of
the country the Maynooth grant has, in the minds Of
affected the stability Of Sir Robert Pells ministry,
and though the question carried the second read
ing by large majority is evident that the opposition in
the country is increasing. The hostile language upon
the Oregon question has also, with other more trfng
h
made by private parties and though the bro
ker has continued buyer his operations being chiefly
confined to South Sea Annutes, has done little to
tain prices.
The rage for Railway speculatons and traffic in shares
Checked BY the adverse decisions Of Parliament for
compliance with the standing orders; which has post
poned many Of them for another session at least perhaps
prices of the established lines had not been proportions
bly, affected.
limited in fact it is evident that they have for the pre-
sent lost the charm they possessed Mexican Stock
has risen nearly per cent upon the prospect that
Texas will herself object to annexation, and still
main independent without struggle. The news from
the United States is at present looked to with intanse
ish has been hardly operated in and the general bust.
ness has been small that prices have undergone
change Ts!g sv worth nm mentioning;
: !
Foreign sscs;ss Spanish fiss. quoted
ss 5'f fGHf Sss cent. s <
Besn shan e % 100 Danish W to
In American Securities there is scarcely transaction
is no American Stock offering; and il there were pur.
chases could not be found to invest their capital Until
the return OF the steamship Caledonia il is probable that
the market will remain in the same state.
LIVERPOOL CorroS MARKEr--For the Week ending
.9pSi 25-Amcrican shorstapled cotton is Id per ID.
higher this week. and close with strong market.
This altered tone from the previous dullness has been
brought about mainly by the remark of the Prime Minis
ter about the little cloud in the Wcst anxously do
the public wait upon the words dropping from high
thorty and Of such importance Is the remote posi-
bility considered of Misunderstanding between this
country and the United States Already. money to
siderable amount is being transferred from the share to
the cotton market IL that indcpendent of
other disturbing causes the low scale of currency
makes an investment in the article not very dangerous
experiment In this way, of the successful share
speculators are making what they esteem "a good
hedge and likely to let their investments lie for
time unless their object should be realised prompt
y than Is perhaps reasonable to expect Tending in
the same direction learn that the accounts from India
less bad than before and those from Manchester
better altogether we have had great stir during the
last few days. On Wednesday 10000 bags were sold;
yesterday $4,000; and to-day again is large-mekng
total for the week of bags Every description Is
looking up but the advance kind Is marked
in the qualities first named $4,000 American and 100 Su.
rat have been taken speculation and 600 American
Poi gurot and Ole e.