The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-04-07

Tho following despatch has been sent to the
Nsw York Herald ever the wires from 81. John,
NIB.
The ne ws reached that place yesterday morning., by
special horse and s.eamtoat express, from Halifax,
and was Immediately transmitted to this city.
The Niagara left Liverpool on Saturday, the Gath
ultimo.
Sr. JOHN, N. B April 6-sA A. M.
The Niagara, Capt. Ryrie, with two weeks later
intelligence from all parts of Europe, arrived at
Halifax yesterday afternoon, at 3 O'Clock. Our
express started at half.past three, and arrived At
St John at quarter past eight this mornng.
The Niagara has forty-one through passengers,
and will probably arrive at her wharf in Boston,
about Six o'clock Saturday morning.
The Europa arrived at Liverpool on the 10th, in
thirteen days from New York. Her arrival was
anxiously locked tor, rs the bearer of President
TayIor's Inaugural Address. which was imme-
diately telegraphed to the London press, aud has
s,nce been very favoraby commented upon by all
the Leading papers.
The Hermann arrived at Southampton, from
Bremen, ON Thursday, and was to have sailed for
New York ON the 26th. Gao of the fremen, a
machinery, on the passage from Bremen,
A steamer has arrived from Southampton, for
Havre, with 500 bales of valuable French goods,
which were placed on board the Hermann, for the
New York market. aa. .
The Sarah Sands made the run home IN II days
The news by this arrival presents European
politics in more threatening aspect than at any
period during the past year, and its importance,
-
over all other intelligence.
In England the unsettled and alarming state Of
contins ntal politics, and the fears generally 10
dulged in with reference 10 the forthcoming In.
telligence by the overland mail from lndia, had
the effect of, to within three days of the sailing of
The Niagara, creating considerable dependency
IN commercial circles, and the almost entire sus-
pension OF extensive operations in every depart
ment of trade, and the cotton market was unusu.
ally dull and depressed, and the prices receded
full ! of penny. Nearly every principal article
of commerce partook Of the general gloom; but on
Wednesday the anxiously looked for India news
was received, and being of more fav orable cha
racter than had been antcl pated, reaction imme-
d.atey set In, and at the moment OF the NIagara's
departure every departm eRt of trade had assumed
a far more cheerful aspect.
Cotton, that sure barometer of commercial
health and confidence, rallied at to the extent
of one-eghh of a penny, and the market for the
week closed with rather more active demand
There has been no Improvement in the marke
tor breadstufls since tie advices by the Canada.
In iact prices in all the leading markets have con-
,inued to recede but low as they now are, pur.
chasers seem to hold off, from conviction tina,
they have not reached the bottom.
There has been no dimlnutIon IN the extent oil
employment In the manufacturing districts but
there has been susceptible falling of In the de.
mand Ter manufactured goods.
There is fall in the metal trade, and prices aye
shade lower; but it Is believed that the late ad.
vance of El per ton on manufactured iron, and
lOs on forged pigs, will be fully maintained at the
| coming quarter.
The reports by The overland mail represent trade
at Bombay, Calcutta, and Canton to be good, aud
business generally. to be In he althy state.
The supply of money continues abundant on call
The bankers will not give more than two per cent,
and quite indifferent about receiving 1t at that
First class paper is gladly taken at 24 All.
The Bank Of England returns do not furnish any
ft ature worthy OF particular remark.
The anticipate drain OF bullion for the CONT
nent has not yet been realized.
American stocks fully maintained their prices
The ordinary and middling qualities of cottoa
are freely offered at the reduction noticed. FAIR
| Uplepds sDd fair Mobiles are quoted at 4sd and
| fair Orleans 4Sd.
| The sales Tor the week ending 10th, were 81 900
bales Of which 5000 were On speculation, and
| 3,lC0 for export
| The business of the last week amounted to g..
290 bales--of which SPECTATORS have taken 2, 600,
and exporters 8, 500 bales.
The ttock In Liverpool is now about iOS. 900
bales, Of which about 259, 900 are American.
During the past two week the corn markets of
the Unit, d Kingdom have been gate a. dull and
inactive before The sailing OF the last steam
Western canal -four is selling at the reduced
Price OF 23s. per Dbl. This fall produced some
speculation 10 the article tor few days, and al
advance OF threepence to slxpence per DBL: but
23s Is now the far quotation for the above de.
scnptlon, as well rs Tor Philadelphia and B, ti.
more, though tor Ohio, OF prime quality, 2ls 10
obt8iDed.
American wheat from 6s. to rs. per 10 lbs. In.
dian corn In moderate demand. and sold at 27s.
tor inferior white, up to 29s. per quarter For
the beet yellow corn meal, l2s Sd. lbs. Sd. per
barrel.
Cured provisions In Liverpool and London are
very steady. AT Liverpool we have to report re-
reduction OF 81. to 5s. per tierce on beef. There
has been rather mere business passing The deal.
err however, guy Only Tor present wants, antici-
pating St II lower prices; but the arrivals having
rather fullen of since our last, there Is less
iety manf. sted by holders to force sales. There
Is a moderate demand for pork, chiefly for ship
stores The new Western prime mess 10 tar from
fine; the color in most instances be,ng dark and
d'Dgy; Dos. a SIS Is about the selling price tor
such.
We have again to report an active demand for
bacon, which having been metfreely by importers,
has taken of all the recent arrivals as landed
Prices have scarcely varied, although for tiue
Eastern . triflng advance has been realized.
Hams are scarcely so good to sell, the Loadoa
market beng lower than the Liverpool We cou-
tInue without shoulders. Lard 10 again lower
sxpencc per9cwt.-the sales IN the II days reach
ing about $50 tons, holders meeting buyers freely.
The transactions in naval stores are limited
Only about SEQ bills OF tuiJ<ntIne have been d,s-
posed OF since our last, aud that OF good quality,
at 10 To. Id. per cwt Ordinary quality 10 quits
neglected. The transactions in common Amerl-
can are by retail At about d. per cwt.