The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-04-07
oy There has been no recovery rom the decline o.

Savoy There has been recovery from the decline
yesterday.
The Rupee stocks experienced further reaction of 4
per cent The demand for discount has Increased to day
and a, the Bank the applications were numerous. The
prevailing dstrust the Continent causing grea, stag
nation In business Money finds little employment and
the at Hamburg and Frankfort is u per cent
Paris In the discount market 10 az, or 4 below the
terms Of the Bank of France.
MISCELLANEOUS.
The Master Of the Rolls win give judgment saturday
in the case Of Stanton Vs. The Carron Company.
The directors OF the Great Western railway of Canada
recommend dividend at the rate Of per per an
mum, for the half year ending January 81.
The London Herald says the present demand for money
causing bankers and brokers to their reserves
Long dated bills not freely taken except at an
advance upon former terms-for short accepances the
rate four per cent the joint banks not making
loans to the brokers under asl to a7s per cent Tue
Herald says that yesterday the intended visit of the
Prince Of Wales to Canada and the expectation that he
viii make tour through the United States exercised
influence on most Of the Canadian securities
deputation from Salford had an interview with Lord
John Russell yesterday to ask for second member Of
Parliament for salford
The Herald coptnuests advice Lord John Russell
withdraw the reform.
TELEGRAPnIC FROM LONDON TO QUEENSTOWN.
LONDON, March %, 1860
The london Nevs city article says stock markets TO
day were subjected to slight check SPECTATORS taking
advantage Of the universal drust OF the crashing policy
Of the French Emperor to bring about reduction Of
per cent Consos The feeling Of strus. prevails
in financial and commercial circles in France the Ian
guor Of the Bourse and the falling off in the discount bus
Of the French Bank tend 10 show The stock markets
here, however, by No weak in character and
prices strongly resist the downward tendency This
especially the with British railway stock. Business
AT Bank continues brisk the terms in the open market
being to Al per cent for the best bills good gx months
paper 10 placed al AZ to per cent. No bullion was
Withdrawn from Bank day; EST 600 by the Essez had
been taken for export All the recent supplies Of gold
are now exhsusted, but more is shortly expected
From the London Times City Article.]
The funds opened this morning with slightly hrmer
tone, but again became dull in the afternoon Demand
for money in the discount market and at the Bank
inpes active the revenue payments to the Bank absorb
ing heavy amounts which cannot be brought back the
market except in the shape Of advances from that estab
hshmen The loans bills and for securities have this
quarter been larger than usual and the payments Of
these will considerably diminish the sum tina. would
otherwise become available from the apr oachug divi
dends.
The following the averages for the week end
ing March IT,
Wheat, II, oos quarters at 45s Cd barley 1882 qrs
ses 3D.; oass 1884 qrs. 23s Id; rye, IS qrs, s4
led; beans, 627e qrs, $685. I'd peas, 1900 ours, S7s
"a.
MISCELLANEOUS.
News has been received Of tie death Of the Shah Of
Persia.
Petersburg despatch states that appearances not
in favor Of an early opening Of navigation. small
quantity Of tea from Japan Is daily expected to arrive.
TIE quality s described IS very common.
General Sir G. Browne the commander OF the forces in
Ireland hla seeced as his aides de camp Capt W. Black
and Capt F. Kingscole both officers in the Rife
Brigade.
THE NEW INDIAN TARIFF.
The London Times remarks the anomaly OF imposing
duty Of per the importation Of twist and into
india at the the last vestge Of the proec
tive system has been abolished in this country The
suit to confer bounty native productions. There
will be treble advantage enjoyed by India in competing
with Manchester viz Buying the cotton at their DOORS
savng the freight from Europe Of the manufactured goods
and fiscal bounty Of 10 per cent If the condition of
India favorable TO these manufactures the fire: two
might be considered present sufficient: stimulus with
ont the 10 per cent protective duty. duty mad previ
ousy been imposed Of 10 per cent shrtng, and the
eysem therefore takes an important range.
Latest from Japan.
Ths intelligence from Japan of rather disastrous
lure On the 26th December destructive fire took place
a. Nagasak destroying the premises occupied by Messrs
Walsh Co. Messrs David sassoon Co., ana Ia foong,
large Chinese mercnsnt, whose losses amoant 70
The fire originated in an empty Japanese dwell
jpg, and is supposed to be the work of an ucen-
diary-the punishment for which js, according TO
Japanese law, to be burnt alive The foreigners
at that port organizing themselves into = fire
brigade. fire also broke out at Yokohama on the Sd
January, destroying nearly all the foreign houses. 1t
only lasted few minutes, and the cause Was unknown
The North China Herald aso contains reports OF the loss
Of the Nymph the 18th December Cornela L. Bevan,
and Lacy Ipgis ia the neghborhood Of Smoda Captain
Price arrived at Ksnagawa in Japanese junk the 3ist
Dece nber passenger, named Carl, and three men,
drowned and the mate had died since The treasure
had been eaved Of the Lady ngs had also been
fayee.