The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-05-07
Tightness in the Money Market.
Another Decline In C0ns0ls.
Inactivity In the Manufacturing
Districts.
Total Loss of Packet Ship Rochester.
&C., &C., &c.

reached the city, we believe, about ten O'Clock
Our special correspondent Immediately began
to transmit the news, over the telegraphic wires,
to the Ne,o York Herald Office.
The Caledonia sailed from Liverpool on the
Goth ult., and her news is, therefore, two weeks
later than that brought by the Sarah Sands.
We give the news as received by the tele-
graph
The condition of the Bank of England
excited some attention, and amongst COM
mercial men no little degree of ALARM
The bullion was rapidly disappearing; and
to keep it at home the rate of interest is raised
to counteract the state of foreign exchanges.
There was an improved feeling in the manufac-
turing districts At Manchester better en-
quiry had sprung up for goods, and yarn
and fair business would be done if
spinners and manufacturers would moderate their
expectations as to prices
The Rochester, Captain Truman, from Liver
pool to New York, on the morning of the 18th
ut., struck on the north end of Black Water
Bank, between Dublin and Wexford, within IL
miles of the latter place-immediately filled, and
il was feared she will become total wreck
A greater part of the passengers were brought
into Wexford by the Arklow, and the remainder
The Hibernia arrived out on the 10Th.
The proceedings in Parliament since the sail
ing of the last steamer possessed little interest;
business would be wound up as speedily as pos
sible, in order to prepare for the dissolution
which is to follow in June or July next
Perhaps the history of England for a century and
half, does not present a time when less party
feeling prevailed.
Affairs in Portugal were approaching climax
The tedious and unsatisfactory struggle between
the insurgents and the Queens forces was draw
ing to close. The Queens troops seemed I'M
able to meet the emergency, and the protection
of Great Britain had been solicited Fears were
entertained that the person of the Queen was
not safe in the capital, as rising was antici-
pated
The Prussian General Diet was opened by
speech from the King, at Berlin, on the llth.-
The King made an extraordinary speech, and as
lengthy as it was novel.
The United States ship of war jamestown,
Capt. Forbes, laden with breadstuffs and provi-
sions for the relief of the distressed Irish. ar
rived at Cork on the 18th ult, on her mission
of mercy.
The lady of Mr.. Bancroft had the honor of din
ing with the Queen at Buckingham Palace, on
the 18th.
The West India Royal Mail Steam Packet
Company have purchased the Great Western for
f25,
Jenny Lind had arrived at London.
Our accounts from Paris are to the 18th, by
which we are put in possession of intelligence
that the contemplated .exension of the present
system of free trade in food TO the 31st of July,
1348 was all but certain. Dearth and its con-
comitants, discomfort and disorder, were hourly
increasing in France.
Letters from Badajos mention a failure of
attempt made on the 18th to induce the
inhabitants of the Portuguese fortified town
of Gelves, to pronounce in favor of the insurrec-
ton.
M Ronge is undergoing months imprison
ment at Bresau, for preaching without the per-
mission of the authorities.
good deal Of discussion and correspondence
has appeared in the papers since the sailing of
the Cambria, respecting Frederick Douglas,
negro, who went out as second cabin passenger
in that vessel, he being very properly refused
passage in the first cabin.
The state of affairs in Ireland was improving.
Matters had reached their worst, and were now
mending.
are very unsatisfactory.
| LONDON MONEY MARKET, April 49, - Not
withstandng the advance in the corn market.
the market was better Consos opened at
s6t to 864, for money and account Money
stock was found to be extremely scarce, and
hence 1t was worth as much for present
transfer for time Consols are now 81
for money, and 81 to 4 for time; Reduced
Three's SO to .; 81 per cents, s7a to Z; Exche-
quer bills, 2 discount to 2 premium Consol
scrip, 81 to l discount We have little varia-
tons to notice in foreign stock. Spanish and
Portuguese came rather better from Amster-
dam on the 10th, but remain here without change.
! LONDON Corn MARKET, April 19.-Through-
out the last fortnight heavy business has
been transacted, both in wheat, flour, and
Indian corn; and the depression which pre-
vailed in the latter end of March has given
way to buoyancy and activity. The opera
tons in foreign wheat were moderate, but
the transactions effected were on advanc-
ing terms. Indian corn was held firmly, in
consequence OF the more encouraging reports
from the provincial markets. In town-made
-four scarcely anything was done-nor wa:
there much demand for Norfolk, Households, OF
other ship marks; but American was in decided
ly improved request, good brands being only
salcable at 81 to ass. per barrel during the week
ending the 18th. The transactions in all those
articles were to moderate extent, and rising
prices generally paid; holders feeling reluctant
to accept the previous rates. On the 18th
wheat advanced from Is to IS per quarter
and flour met an excellent demand at full
rates. Indian corn was quiet, but steady in
A - a L..
took place on the l4th Indian corn in demand
but the supplies are almost exhausted; and oil
American flour the diminuion in the stock is 60
considerable that the prices of the best brands
are full one shilling per barrel above the
, prices OF the 18th. Yesterday, April 10Th, the
market was the scene of much agitation, ano