The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-11
'CHANGE AND THE KHEDNE.
Steamship Companies Contracting the Facilities
For Transit To America
ICELAND IMPROVING
Central American Cornnotion-
Intrigue by Clericals.


THE GENEVA AWARD sURPLus--wHAT WILL
THE WAS INoToN GOVERNMENT DO WITH
IT?-THE TRANSIT FOB TnAyELLERs TO
AMERIcA-'cHANoE CLOSES FLAT.
LONDON, April 10, 1879
In the House Of Commons this evening, Mr. Bourke,
Cnder Secretary for the Foreign Department. replying
TO question OF Mr.. Eiot about the unexpended bal
Of tho Geneva award said the Arbitration Gem
mission would sit II Washington until July next when
the question Of surplus will i decided. The Eng
lish government had made representations and had
NO intention OF taking any action in tho matter.
NEUTRALITY-SUSPICIOUS. sErrLExEsr.
Stocks arc-half-past two P. M-stagnant, pending
arrangements for settlement the chcapncss OF money
renders an extension of accounts to the end OF the
month very easy.
The Pail Mall GG-eae, Of this afternoon, says
I'm the discount market the competition for the few
bills offering is 80 keen and there such abundant
supply OF floating capital offer that first class three
months bills arc taking at almost any figure"
CLOSE.
The Stock Exchange closed very nat Foreign
securities have been largely sold
Khcdives have fallen TX.
WEATHER REPORT.
The weather to-day is wet, cold and boisterous
HOME FROM rnH CONTINENT.
The Earl OF Derby, Minister OF Foreign Affairs, has
returned 10 this city from the Continent
BREADsrurPs-suPrLy DExASD-rRADE DURING
THE
The Mark Lane Express, in its weekly review of tho
grain trade says a weeks sunshine has made won
dcrful Improvement in tho aspect OF tho country.
An early harvest scarcely be expected considering
Tho late sowing but that It will be greatly retarded
doubt seeing the action OF the present weather the
crops has induced growth the rapdity OF which is
nearly equal to that of much higher attitudes CON-
plants of the condition OF winter cereals
has ceased and q considerable acreage is now
under crop Heavy lands, however, are re-
ported to be still soddcn and almost unwork
able. II Is stated that full crop Of wheat must
not be expected The acreage under wheat appears
- about ve-scvenths of that OF 1876 and the quantity
81 wheat sold tho country for sowing has been
ttlerably less than usual
BUSINESS CONTRACTED.
Tradc has been of very limited character through
cut the past week. and tho temporary advance in tho
pricc OF wheat has been lost milers and spectators
alike awaiting the future Of business. This
turn of dulness Is not surprising, considering the
heavy stocks reported at Liverpool other large
ports tho figures showing that although the stocks in
London have declined almost third since the end OF
the year. yet elsewhere and especially az Liverpool.
The supplies have cqualcd the consumption. and there
has been diminuton of stocks Stil there appears
prevent very material decline, and any great chsngo
either way seems improbable.
IN THE COUNTRY.
The country markets have withstood the decline TO
great extent, but they have not bcen active which Is
not surprising considering the present langud
The foreign trade.
STEAMSHIP TRANSIT TO AMERICA CURTAILED =
ACTION OF THE COMPANIES DIRECTORS.
LrvEKPooL, April 10, 1876
An important reduction in the sailings OF their
steamers between this port and New York has been
resolved upon by several lines. The White Star line
steamers will hereafter sail 1--WE times in three weeks
then an interval OF week only to occur then fort
nightly again.
Tnc Inman line will withdraw two Of their steamers
after the 10th inst, their sangs from that date being
April two In Nay. three IN June. two In July,
three in August, &c
1t is understood that the National and Williams 4
Euion lines intend make similar reductions in the
sailings Of their vessels.