The New York Herald Newspaper, May 8, 1847, Page 2

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_« Impesce werv commented of the Bowery. ‘The Bowery was illuminated in grand style. The shops and smnall public housea near Chatham square, lit up nobly, thus giving’ good character to the Bowery at the commencemeny As the numbers increased, so did the brillianey of be ye | 5 * ‘The Northw#Ameri was the gem Of its neigh- borhood; its scores of windows on Bayard street, all lit up, had a really striking effect. ‘The Bowery Theatre had a large transparency representing Generals Scott and Taylor, each mounted upon his charger; the hero of Vera Cruz dressed in full uniform, and he of Buena Vista in his frock coat and broad rimmed beaver. The ‘Theatre Hotel was illuminated, and had a transparency representing a boat’s crew of sailors and marines pulling for the Castle of San Juan d’Ulua, ‘The public houses on either side of the theatre were brilliantly lighted up, and made all together » more than usual beautiful appearance. Between Walker and Hester streets, the buildings were very generally lighted up, and illumined he whole vicinity. In the street, at the crossing of the Bowery and Hester street, was a small brass cannon. (say 6-pounder) which was most industriously loaded ‘and fired by a company of young patriotic individuals, much to the danger of the nerves of numerous ladies, who would at the moment, willingly have seen said young patriots at the other end ofthe cannon. Further on nu- ‘merous shops displayed a great number of lights. ‘The ‘Westchester House, and in fact the whole block in which it is situated, was radiant with a thousand little spark- ling lights ‘Tho building occupied by Columbian Hall and Colum- biam Hotel, was magnificently lighted up, as was also Military Hall, the Bowery Tavern, the Oregon House: ‘and numerous other public houses in the Bowery. At Vauxhall Garden, was displayed a transparency with this inscription, “Tue Astenican Anmy 1x Mexico No DISTINCTION WHERE ALL ARE BRAvE.””. We must not forget to notice the appearance of the 17th ward Station House, atthe corner of 3d street and the Bowery—it re- flected great credit upon the persons who arranged the lights, &e. But the public buildings in the Bowery were not the only ones that were thus brilliantly illuminated. We have mentioned them, because we could designate them by their names. ‘There were many blocks, and many more parts of blocks, that showed their colors in gallant style. The private buildings, also, in many of the cross streets presented a fine appearance, We noticed the dwelling house No. 12 First street, and the stately mansion oppo- site, the fair inmates of which seemed to strive with each other for the palm. While their fair country women strive thas to celebrate their victories, will not our gal- lant volunteers press on to their accomplishment. The sidewalks in the Bowery, as well ay in Broadway, were literally crowded with passengers. The crowd kept increasing as it approached Chatham street, where the sidewalks were found to be entirely too narrow to afford a passage to the thousands and thousands of per- ‘sons who were crowding towards the Park. The carriage way was at last resorted to, and this also soon became excessively crowded. The immense concourse of per. sons pressing through various thoroughfares to the Bowery, and thence down Chatham street to the Park, soon had the effect to completely fill not only the Park itself, but the squares and open streets in the neighborhood; and the crowd still pressing down from above, affairs began to assume an alarm- ing aspect. The crowd below became alarmed, and turned to make their way back. This movement ef course had the effect to choke Chatham street complete- ly, and at about 9 o'clock, not only Chatham street, but Chatham square, also, was completely filled with one dense, though moving, mass of humanity. All the side streets were now sought with the utmost eagerness; and the bye streets, on either ride of the grand thorough- fares, were soon. all alive ‘We have heard of no accidents from the great jams Haus occasioned, and the wonder is that there were no ‘ed mishaps to mar the grand celebration. THE BOWERY THEATRE. In addition to the display made on the’ outside of the Bowery Theatre, the managers introduced upon the stage a national piece, entitled the “ Battle of Buena Vista,” in which General Taylor, Santa Anna, and other celebrated characters, both American and Mexican, were introduced. Scenes in other Thoroughfares. TAMMANY HALL. ‘Tammany Hall looked most majestic, as usual, and the “ presiding divinity” of the “Old Wigwam” would seem to have entered heartily into the cheering scene. There were no less than 795 lights in its 101 windows, The fireworks here were magnificent beyond description, and the words “Army and Navy” were displayed in the works. There were, also, no less than 21 red lights on the baloony. Old Tammany never looked moro magnifi- cent than on last evening. On this occasion, also, the national flag was displayed. LOVEJOY’S HOTEL. Lovejoy’s Hotel was universally admired—dazzling with no less tlian 1,500 lights in its 91 windows, Two splendid transparences, representing the storming of Monterey and Vera Cruz, set off the entire with excel- lent effect. WESTERN HO! 7 ‘The Western Hotel had over 600 lights, ‘The national flag was also displayed here. NORTHERN HOTEL. ‘The Northern Hotel was, also, beautifully illuminated, and looked a very prominent object of admiration from the Jersey side of the river. The national flag proudly waved hore, also, from the top of the building. UNITED STATES HOTEL. The fireworks opposite the U. 8. Hotel were univer- | | = THE TWO THE CEREMONIES THIS DAY. We give on the outside of this day’s New York Herald, an account of the grand celebration in this city, yesterday, of the American victories in Mexico. We also give two engravings, representing the City Hall and the New York Herald Establish- ment, The engravings are excellent representa- tions, and will convey to our friends at a dis- tance a good idea of theappearance of the two buildings while brilliantly illuminated. The following is the order of the ceremonies for this day: Onpen ov ARRANGEMENTS. 1. Erom sunrise until sunset the on all the public buildings will be displayed half-mast ; and the keepers of all public buildings, and the shipping in the harbor, are requested to display their flags in the same manner throughout the day. ‘The bells will be tolled from twelve o'clock, noon, until one o'clock, r. at. Who will not take a deep, asad interest in these ceremonies? There are none to whom we owe a greater debt of gratitude than to those gallant men who offered up their lives.in detence of their country. This day will be one of mourn- ing, not only in this city, but throughout the whole country. The flags that were yesterday thrown to the breeze will to-day be displayed at half mast. The Weekly Herald. The Weekly Herald will be ready at nine o’clock this morning. It will contain all the news of the week, and be illustrated with a view of the “Last Load,” or “Moving Day in New York.” In addition, it will also contain the full partien- lars, with the two illustrations, of the celebra- tion and illumination im this city yesterday. Single copies, in wrappers, sixpence each. Another Great Victory in Mexico. We received last evening, in the midst of the celebration of our victories in Mexico, the par- ticulars of another, achieved at Cerro Gordo by Generals Scott and Twiggs over Santa Anna. Some of the particulars will be found under the telegraphic head. Others will reach us sometime this morning. We may then issue an TRA Henan sinks | - News from Europe .Important Commercial Intelligence. By the arrival of the steam ship Caledonia, at Boston, from Liverpool, we have fourteen days later infelligence from all parts of Europe. -The accounts are exceedingly important, highly in- teresting, and of the most favorable character in every point of view. The advance in breadstuffs is precisely what we anticipated, and what we predicted upon the receipt of the news by the Surah Sands. It was our impression, when a decline in breadstuffs was reported, that the demand from the conti- nent would take away supplies from Great Bri- tain, and the result would, of course, be. an ad- vance in prices in Liverpool. The advices by the Caledonia confirm this impression, and we look for a steady improvement both in the de- mand and in quotations. We have no idea that Indian corn will reach such a high point as has been touched, but present prices are remunera- tive, and no one can complain but those who have unfortunately purchased at rates above those now current. The advance in cotton is an extraordinary cir- cumstance in the face of the advance in grain, ADDITIONAL- INTELLIGENCE "ROM EUROPE, RECEIVED BY THE - STAMSHIP CAMBRIA aYTuz ” NEW YORK HERALD OFFICE. ‘The Chamber of Peers adopted, on the 16th of April, by 107 to7, the project of a law relative to the estab- lishment of @ line of steam packets between Havre and New York. It is, therefore, now certain that we are to have a French line of ocean steamers, The total emigration from Cork, thus far, during the present season, has been, to North American colonies, 2,377; to United States, 1,016—grand total, 3,398. It is said that the Bank of France has already made arrangements for the repayment to Messrs. Baring & Co. of the loan of £800,000, due at the end of the pre- sent month, by credits upon St. Petersburg, and itis an- ticipated in some quarters that some. of the gold then may find its way back to England through that opera- tion. ‘This steamer, on the 14th of April, while on her way from Liverpool to Drogheda, took fire as she was passing Holyhead, and wasentirely consumed. The number of passengers on board couldMot be ascertained, but it was known to be large—some accounts placing it as high as 200, Forty-five of them, and twenty-four of the cre’ were saved by a fishing smack which happened to be near. Among those who perished was the captain. Mr. Gale, an aeronaut new to this country, but known in America and on the Continent, ascended in a bal- loon, from Peckham, on Wedneskay. ‘I'he machine had several new appliances connected with it. Mr. Gale, when at an immense height, lowered a second car. which descended about twenty-five feet, and he made his way into it by means of a rope ladder. Loss oy tHe New Yoru Packer sur Rocuesten — ‘Tho Rochester, Trueman, from Liverpool to New Yor', on the morning of the 18th instant struck on the north end of Blackwater Bank, between Dublin and Wexford, within twelve miles of the latter place, She immediately filled, and it is feared she will become a total wreck, ‘The ater part ofthe passengers were brought into Wexford by the Arklow, and the remainder were boing saved by er boats. A gentleman writing from Wexford, on the Mth, say * T am sorry to inform you thit there is just now landing the crew and passengers, about 300, of the ship Rochester, Captain Trueman, which vessel, under- stand, from your port, and was bound to New York. ‘The vessel struck yesterday morning, and I am told, but that she was strong built, would have gone to pieces last night, in which cage all hands must have perished. The emigrants wore principally mechanics and lower classe, and thelr apearance at landing was most wretched.”? Arrival of the U. 8, Ship Jamestown at Cork, Irel with Provisions_Her Reception. Fromithe Cork Constitution, April 19.} ‘The conjecture in the “Memorandum” at foot of our Cove Note on Tuesday was correct. The “large Ameri- can ship’ was “the frlgate’--the frigate freighted with food for our people; and blessings be on the heads and hearts of those who sent, and those who brought it. It is the noblest offering that nation ever made to nation. It is the spontancous outpouring of a generous charity, and the manner is as gratifying as the munificence of the git. When first alluding to the intention of sending it we observed that, though grateful for the consideration of our American friends, we regarded it with some shame. And why? Because it was a reproach to the insensibili ty which sealed our sympathies at home. ‘That one act Pat, to the blush the peddling which soemed to be the ighest achievement of our politico-economical govern- ment. There were a celetity and a liberality about it which were at once an example and a rebuke, Here is & magnificent vessel despatched, crammed to the decks with corn and meal and flour, her mission of mercy ac- complished, and her anchor dropped within our harbor, in less time than it would take to get an intelligible an- swer from the Board of Works, to comprehend the pro- visions of one of our bewildering Acts of Parliament, or to take the initiatory steps towards carrying them into execution, Shame—shame—shame! ‘There is some talk of a complimentary acknowledg- ment to Mr. Forbes and his officers. All we can say is, that no compliment ean be too high for them—no demon: stration of public gratitude can exceed the sense of the public obligation—not for the gift: that is good, and for it we are thankful; but for the feeling, the kindliness in which it originated—a feeling and a kindliness which pervaded the whole population, and which was responded to with such liberal alacrity by the ‘Executive. In- dividually and nationally they are entitled to the most sensible expression of admiration and esteem. What will be thought of this magnificent offering when we state that the very laborers who loaded the vessel labor- ed witgout pay? | ‘They prayed permission to carry the cargo @h board—the prayer was granted, and about 260 of them gave their time and toil until the work was done. They were Irishmen, poor Irishmen, who had not, in the country of their adoption, forgotten the country of their birth. and it was affecting to see numbersof others troop- ing down with the sack or half sack of flour or the bag of toes, entreating the crew or the captain to let them yut on board. Had not Captain Forbes restrained’the liberality of his countrymen} and of ours, not one, but four vessels would have been filled. For the sake of despatch, however, he was obliged to refuse everything that did not come through the Relief Commitices ; but if, after his cargo but it could not be sustained. It will be seen by the reports of the markets, that quotations at the latest dates were an eighth of a penny lower than at the close of the week previous. With this de- cline an advance of three eighths had been real- ized from the 4th to the 19th of April. There has been such a complete revolution in the financial and commercial position of the United States and Great Britain within the last five years, that it is impossible to draw our in- ferences from the state of affairs in the two coun- tries. We are not so much influenced by any crisis or panic in the money markets of Europe | as in former times; we occupy amore indepen- dent position; we are large sellers instead of large buyers ; we are creditors instead of debtors. ‘The embarrassments of the Bank of England have comparatively very little effect upon our | movements, and we are accumulating wealth in a hundred different ways, by the difficulties with which the nations of Europe are surrounded. | | | sally admired. Crowds flocked forward to see them. | We hold the two grand elements of life—-food and NATIONAL HOTEL. The National Hotel, which was, also, splendidly illu” | minated, had some magnificently executed transparen cies, illustrative of the various battles since the com-- | mencement of the Mexican war. Appearance of the Shipping In Port. | The day was a busy and exciting one among the off- | cers of the various vessels lying at our wharves. En- signs, pendants, and signals, numerous splendid ones, | and rome that for years had not seen the light of day | were gallantly and gracefully streaming from the mast heads, from sunrise to sunset. The patriotic spirit which had shown itself in so many forms, was not con- fined to the people in the interior of the city. The sailors, with their characteristic enthusiasm, added much to the occasion, Nearly every vessel, including all the fo- reigners in port, were richly decorated, We do not re- member ever having seen, upon any occasion, such a dis- raiment—and we must feed and clothe the people of all parts of the world. So long as we preserve the balance of trade in our favor, we can control these two great staples, which is a very desirable | and profitable position to reach. The immense amount of specie which every steam packet brings to our shores, passes into circulation. Very little of it will ever return.— Our currency is rapidly improving by this in- flux of precious metals, and we have not begun to realize the benefits this importation of spe- cie will produce in every section of the country, as it has hardly yet passed into the channels of trade to an extent sufficient to give life and ac- tivity to all the departments. We can hardly realize the rapid progress this play of flags of every nation. The appearance of the | city and shipping, from the bay and Brooklyn, was really | magnificent. Many who witnessed it pronounced it un- paralleled. Accidents, | Caneixss Suooric.—Officer Boyle of the 4th ward | arrested yesterday afternoon a boy by the name of Robt Edgill, upon a charge of shooting anvelderly man, and his wifo, by the name of Nathaniel Derickson, with » pistol, in Dover street. It appearsthat Mr. Derickson and his wife were passing up,Dover street, and when within about ten paces of Edgill the young rascal dis- charged @ pistol, evidently loaded with duck shot, two of | Tyg Jupicta EuECTIONS.—The period fixed by the new Constitution, for the election of Judges, is fast approaching, and we fear will have arrived before the masses will have properly reflected over the high and important trust which they willbe called upon to discharge. For the first tinfe in the history of our State, the people will select from among themselves men of talent, honor, learning, and we trust, of irreproachable character, to administer the laws; to sitin the temple of justice, and vindicate right and punish wrong. This an experiment of momentous nature, and can be tried by no other people than Americans, with any prospect of suc- ce In their hands we feel sure that it will succeed, for they are an intelligent, law- which took effect, one in the rightarm of Mr. Derickson, | near the elbow, and the other in the left arm of his wife, near the shoulder, entering the flesh so deep that the | doctor was unable to extract the shot of either. Both the | wounds bled profusely. The careless rascal, it seems, | ‘was shooting at « mark, and was not aware that the shot would scatter so far. Justice Drinker locked him up for trial, and Mr. Derickson and wife were conveyed to | their residence, No. 83 Market street. ‘The Concluston. We have now concluded an accurate description of the celebration and illumination in this city in honor of the successes of the American arms in Moxico, and of | the most brilliant victories that mark the history of | modern warfare, There vietories, brilliant as they are, and | creditable as thoy are to our charactor as Americans, have not, however, been achieved without » lamentable loss of life on our side. Many of our most prominent men and fellow citizens have fallen by the shot of the | enemy, and never again will return to make glad th hearts of their wives, their children, their neighbors, and | ts ir friends, They have discharged their highest and most sacred duty, They answered to their country’s call in the time of need. They marched to repel the foe that in- vaded thelr country’s territory They followed the enemy into his own country, and in endeavoring to accelerate bt sro honincher Sku they rest 2 ey were citizens, never forget the obligations it ix inter wYhies May their memories be ever cherished—~and, above all 4 things,may the country for whose honor, and in defence whose rights they fell, protect and cherish their and|little ones. It is a poor recompense, but {t iw that we can make. Let not the last note of the «pybell which will he this day tolled for them, be country is making in commercial prosperity. We are so used to extravagant movements, that it is only by comparisons with the old nations of Eu- | rope that we can arrive at any definite idea of our growth. The United States will be the cause of the downfall of Great Britain. That country has reached its culminating point in the com- mercial world. Its decline will be more rapid than its rise. The child is born that will live | to see the United States the greatest and richest country ih the world. loving, law-abiding, and self-governing peo- ple. We have no doubt that it will work | well; but to ensure such a result, and have it beyond all peradventure, great care, cau- tion, and prudence must be exercised in the commencement. Party spirit must not be per- mitted to exercise its unhallowed influence in the selection of candidates. ‘The ermine must notbe dragged through the filthy gutters of party polities. Locofocoism or whigiam ought to have nothing to do with the judiciary. Letour citizens of all parties first ponder well upon the conse- quence that will follow the election of bad or in- competent men, and then look around and select such as they know possess the requisite qualifica- tions. After their minds shall have been made up, let bdr induce them to swerve to the right or to the left. Ve perceive that the Whigs and Demoerats will have a convention at Syracuse, on the 19th lust mark of respect paid to their memories. inate to take the necessary steps about electing iudges of the Court of Appeuls. was complete, three other vessels had’ been ready for thelr reception, individual benevolence would. Have londed them with free-will freights. ‘This is gratifying intelligence, and great is the gratification with which we te it. ‘The following 1s 8 memorandum with which we have been favored from the vessel :-— ‘The Jamestown, United States ship of war, sailed from the Navy Yard, Boston, on Sunday morning, the 28th March, at 9 o'clock, and anchored at the outer Harbor of Cork, on Monday, the 12th April, at 334 P. M. after a somewhat boisterous passage of 15 days and 23 hours, allowing for the difference in the longitude, Crossing the Bauks she was several times in the vicinity of ice, during « dense fog, as indicated by the thermometer,but saw nothing. The ship, though laden 3}, feet deeper than in a man-of-war, performed admirably, and is as easy a4 can be,and steers like a pilot boat; all well on board; the ship will go alongside of her Majesty's dock- yard, to discharge her cargo. ‘The Jamestown is named r the first town where a colony was planted from the world. Gentlemen Volunteers on board.—R. B. Forbes, Com- mander; Captain F. W. Macondry, Chief Mate; Captain J.D. Farwell, Second Mate. She anchored, as stated, at the Light House, on Mon- day evening. Unfortunately the Geyser and the Aven- ger, which had been despatched with provisions, and which the Admiral impatiently expected in order to tow her in, did not return, and she had to wait until the Sa- brina was on her way to Bristol on Tuesday. Captain Parker, with the promptitude which has always distin- uished that able and excellent officer, as soon as he saw er, put it to the passengers whether they would prefer proceeding, or consent to the delay that would be oc- ned by turning back and taking the Jamestown into Cove. With unanimous enthusiasm they voted for the latter, and Captain Parker took her in tow, and laid her alongside Haulbowline, amid the cheers of thousands who lined the hills and quay of Cove, and where she soon after commenced discharging. ’ At parting. she was saluted by the cheers of the crew and passengers of the Sabrina, which were answered heartily and lustily from the Jamestown and from the quays, and the Sabrina proceeded on her passage. Almost iimmedi- ately, Mr, Forbes was waited on by a deputation,who pre- rented him with an address, which he promptly and handsomely acknowledged. The deputation requested him to name aday on which he and his officers would honor them with their company to dinner, and Mr. Forbes fixed a-day, when, at 6 o'clock, they are to have the pleasure of entertaining him and his gallant officers, who 0 generously volunteered their services to Ireland. Tho deputation consisted of the following persons, who had been named at a meeting held that morning :--The Hon, Robert Hare, Jr.; Rey, Mr. Nath, Rev. Mr. Gaily, Rey. Mr. O'Regan, R. ©. C,; T. French, J. P.; Robert Holmes, J. P. ; Mr. George Scott, Edward, Millett. J. P. ; Maurice Power, J. P.; Dr. Scott, Mr. Philip Scott, and Mr. W. Drew. ‘These gentlemen were severally intro- duced by Mr. N. Cumming, of the firm of Messrs. N. and J Cummins of this city, who had started for Cove on the revious evening with despatches for Mr. Forbes, and. rding the Jamestown off the harbor, accompanied him to Haulbowline, The Admiral (Sir Hugh Pigot) has been most active. He has neglected nothing that could tend to expedition or accommodation. Mr. Forbes he invited to, and would have been happy to receive at, the Admiralty while the vessel remains, but that gentleman had previously pro- mised himaelf to Mr. Scott. We conclude with the following list of the articles which; the Jamestown brings, the distribution of which, as will be seen by our extracts elsewhere, is confided to W. Rathbone, Eaq., of Liverpool. From the Boston Committee.—400 bbls pork; 100 tes hams; 665 bbls corn meal; 4685 bags Indian meal; 1496 bags Northern corn; 1370 bbis bread; 568 bis beans; 84 peas. From Sundry Towns, Individuals, and Societies.—033 bbis corn; 18 do corn meal; 11 do oatmeal; 84 do pota- toos: 1 bag do; 547 bags corn; 1 bbl flour; 23 do rye; 11 packages do; I bbl and 1 box oats; 3 bags wheat; 1 tierce dried apples; 3 tierces and 1 bag beans; 6 boxes fish; 201 meal; I half bbl do; 28 bbls and boxes clothing ‘rom the Charlestown Commi —0 bbls flour; 1 hf do; 100 bbis rice; 50 do corn meal; 2 do bread; 60 do beans; 1 half do do; 4 bbls beans; 4 boxes clothing; 800 empty bags (we presume for discharging the corn.) {From Wilmer's Times, April 20. ‘The United States ship-of-war Jamestown, under the command of Captain Forbes, laden with breadstuffs and provisions for the relief of the distressed Irish, left Bos- ton on the 28th ult., and, after a «plendid voyage of 15 days, arrived at Cork on the 12th inst, on her mission of mercy. The relief thus nobly sent may be regarded as one of the proudestevents in American history; it speaks. trumpet-tongued, for the national benevolence, and is Probably the noblest charity on rpcord. | Ateig loctor Parks, surgeon of the vessel, landed at Cove, bear- ing despatches for the lord lieutenant and Mr, Labon- chere, which he delivered at the consulate, with direc- tions ‘to have them foi as speedily as possible On the intimation of the vessel's arrival being notified to Rear-Admiral Sir H. Pigott, he despatched an officer to ascertain if any immediate assistance wae required; and at half-past one o'clock on Monday Her Majesty's steamer Avenger went out to tow her in, Her arrival called forth the liveliest sensations of joy and gratitude, and thousands flocked to seo the noble ship, A meoting of the Cork District Railway Committee was held on the 13th, when # requisition was promptly prepared, calling on the Mayor to summon a meeting of the ef devise the best n ns of welcoming and acknowl the Brn bey elle sf Shandon ‘and of the Cat were joyfally (rv andl the Cove was splondidly iumi- gentry of Cork, hea Dr. Millett, J.P’, visited the ship on the 13th, and pr ated Captain Forbes with an address, to which he replied in suitable and touching terms. ‘After some conversation the deputation with drew, havi penvioesly invited Captain Forbes and off- crs fo a public dinner on the Loth instant, at Cove, which the gallant gentleman kindly accepted. Tho din- influential classes in and around Cove. Captain Forbes was the hero of the day, and acquitted himself in an ad- held at the (1 we theo ag I cgein Bond eld at -ount of returdiing thabks to Captain rea balks srerloe crew for the sy;npathy they had shown towards the suf- fering and starving pop of Ireland., ‘The Great Steeple-Chase of France. {From Galignani's Messenger. April 11.) The great a1 u le-chase of France came off yesterday at the Croix de Berny. In the early part of ihe morning the weather promised to be pretty fine, and the consequence was that a vast multitude of the Pari- sians wended their way on foot, on horseback, snd in carriages, to the scene of the day's sport. A great many foreigners, especially English, were present; and the country people of the villages for miles around went in eat numbers, The gathering altogether could not have Been leas than 20,000 persons, and they com all ranks, from the very highest to the very lowest. ‘The number of carriages was enormous, and they were of alll kinds, from the dashing four-in-hand down to the pea- sant’s humble eart. Such was the anxiety to witness the sport that many of the aristocratic vehicles took up their stations near the ground marked out for the chase at an early hour on Saturday morning. ‘The whole length of the ground was lined on both sides. b: ‘ chiefly ‘occupied by vleyantly attired ladies, ind by pe: destrians packed closely together. ‘The stands, of which there were several, of prices to suit every purse, were full to overflowing. On the whole, the assemblage of esterday was the largest ever seen atany sporting event In'France; and it is specially worthy of remark, as show- ing the great enthusiasm of the people for the sport, that though disappointed in thelr expectations of fine weather, rain having commenced falling heavily on the opening of the day's business, and continued with ever-increasin violence until the close, not a score of individuals, an searcely asingle carriage, quitted the course, ‘The herote fortitude with which they bore the pelting of the pitiless rain was still more remarkable, from the fact that the ground being naturally very marshy, one might almost say aswamp, they had to stand almost ankle deep in wot. ‘Their good humor, too, was unbounded.the slight- est incident being seized upon to turn into iaughter— and, sooth to say, such incidents were not wanting, for many an unfortunate wight, anxious to show off his skill in leaping over some one of the many brooks, went souse into the water, or measured his length in the mud. ‘The ground selected this year was somewhat different from that chosen for the last steeple chase. Instead of running entirely on a fiat, the horses on this occasion had to uscend a hill, on heavy ploughed land; they then desconded it, and went to some distance beyond tlie road from Paris to Orleans, and after describing a circle came back pretty nearly on the same line, passlug the starting place, to arrive at the winning stand. ‘The entire lengt! traversed was about four miles. The obstacles to be encountered were not fewer than thirty-two in number, consisting of ditches, hurdles, walls, hedges, a river, and a brook. Some of them were rather serious, though not such as one is accustomed to seo in an English stee- ple chase, In height none exceeded four feet, or in width ten feet. His Royal Highness the Duke de Nemours was present. Count d'Hedouville and Baron Lecontoulx ably super- intended the proceedings. ‘The weighing commenced shortly after 2 o'clock, and afew minutes after it was concluded the grand steeple chase began. It was a Handicap for 12,500f,, added to a Sweepstaki of 500f.; forfeit 250f.; but only 120f. if declared to the cretary of the Jockey Club before the 12th of March. ‘The second horse to receive 1.250f. from the entry, aud the third to save his stake. Distance about four miles. ‘A weight of Ib. to beallowed to gentlemen riders. For- ty-two subs. ‘Lord Strathmore’s b. h. St. Leger, 12st. 4Ib. (Mason) 1 M, Crémieux’s b. h. Young Lottery, 10st. 31b. (Mac- donogh)....... +... Reece 3 Mr, Lambden’s Discount, Liat. ib. (Oliver). Lord Strathmore’s Switcher, 12st. lb. (owner). Mr, Stanley's b. m. Matchless, 10st. lb. (Wynne.) Mr. Rolt’s Peter Simple, 10st. 131b. omit Baron N. de Rothschild’s Hack, 9st. 121b. (Smith.) Mr, Livingston’s Commodore, 9st, 121b. (Sheridan.) Major Rushbrook’s Guzely, 10st. 71b. (Butler.) M. Aumont’s Waggs Ells, Sst. dib. (Debby.) Odds at starting—6 and 7 to 4 against Switcher. Lord Strathmore’s two against the fleld. ‘The start was good, all going together. At the brook. Matchless got over first, On going up the ploughed field, Peter Simple took the and kept it round the turning and down to the river. The others kept close to him, and all made the leaps, which were five or six in number, and two of them presenting some difficulty, re- markably well, Near the wall Discount got first, and kept the lead until turning beyond the turnpike to come home, Gazely and St Leger following close upon him. St. Leger and Peter Simple then got ip front, Discount, however, keeping close to them. On nearing the last obstacles coming ‘home, Peter Simple dropped off, and in a few seconds after Discount dropped off too. Young Lottery then came up, and yent over the last wall at the same time as St. Leger. They then pushed hard, but the latter contrived to half a neck. It was a beautiful affair altogether. Experienced judges declared it the finest ever seen in France, and many said that it was not always equalled in Engiand. Considering the number of obstacles, there were remark- ably few incidents—not one fall, and only three horses aud their riders went into the river. ‘The winner gained about 30,000f, including the forfeits of the horses entered but not running. Loud applause greeted him on his arrival at the goal, ‘The above was followed by a second Steeple Chase, by ntlemen riders, for 2,500f. added to 300f. b. ft. Iffive horses start, the second to receive his entry; if valued at 5000f., the winner to carry 150 Ibs.; if at 3,250f., 113 Ibs.; if at 2,500f. 136 Ibs. Distance about four miles. M. Montel’s M. Victres, 137 Ibs. (Mr. Ricardo) Mr. Elmore’s Mameluke, 137 Ibs. (Rolt). . .. « 2 Mr. Lawley’s The Roarer, 143 lbs.(Lord Strathmore). 3 M. Didier’s Mary Jane, 137 Ibs, (Count de Perregaux). M, Montet’s Deodora, 137 Ibs. (M. de Montecot). Mary Jane got over the first obstacle in good style, and went ahead, keeping the advantage up the ploughed land. At the turning. Deodorn got first, and kept the advantage until arriving at the hedge, which she refused, She had taken the previous leaps very well. Mameluke then went forward, and it now became evident that the contest would remain between Mameluke and Victres. With the exception of the Rosrer, there was apparently not the slightest chance that either of the others could even think of attaining the victory, so completely did they appear to be knocked up. Mameluke and Victres then had all to themselves down the plain and up again, and at last the latter won by about a length. Their clearing of the different obstacles presented nothing worthy of remark, The incidents in this atceple-chase ‘were more numerous than in the other. Lord Strath- more was thrown, and M. de Perregaux fell three or four times; neither, however, sustained any injury. Deodora went slap into the river, and gave her rider # famous ducking. So ended the great French steeplo-chase of the present year, The arrangements were admirable throughout, and the vast crowd made the scene exceedingly interest- iget in ‘first by about ing. The “ly thing to be complained of was the wea- ther, and that was most abominable. Affairs in Portugal. [From the London Times, April val ‘The information from Lisbon which we published at an early hour on Saturday hesicons does not induce us to modiay the opinion we expressed in our leading arti- cle of the same date, as to the extent of the intervention of the British forces. We have still undiminished rea- son to believe that Sir Hamilton Seymour and Admiral Parker have consented that the marines should be land- ed from the British ships of war now in the T'agus, upon ‘arepresentation of Count Tojal that the personal’ secu- rity ofthe Queen was in danger, and that the ministry oould not answer for the tranquillity of the capital; but that the intervention of these troops will be strictly con- fined to the protection of Her Majesty"s person and of British subjects and property in Lisbon. For we appre- hend that the amount of the disposable British force at Lisbon is not more than sufficfent to effect there objects, and would probably be inadequate to give the law to the victorious Junta, or to quell the tumult of a whole city on the verge of {nsurrection. Nor do we believe that the British government has ever contemplated or con- sented to any interference beyond that which is requir- ed for the attainment of the objects we have specified. — And although we trust that these objects may be attain- ed, and that our influence and mediation may even now be sufficient to promote an adjustment of this deplorable contest, we have no doubt that our neutrality has been more useful to the Queen and to our own interests in Portugal, than any active co-operation with the designs of the court. Meanwhile, the Court itself seems at last to have dis- covered its deplorable, and almost hopeless condition. ‘The provinces of Algarve and the Alemtejo are com- pletely in the hands of the insurgents; and when the Conde de Mello has effected his junction with Sa da Bandeira, their forces will amount to 6,000 men, who will advance ut once to the Tagus, and may even cross it without much difficulty, and march to Lisbon, The state ofthe capital is frightful. The price of sh en has risen to an excessive height, and wheat as been sold for 147s a quarter. Every species of food is scarce, and a large part of the population is reduced to beggary. The currency ix depreciated 45 per cent., and the treasury is exhausted. The middie classes are irritated by exactions of every kind, by the military drill to whieh they have been subjected, and by the duties imposed on them for the defence of the city. The Queen is suid to have become the object of great popu- lar animosity, and is looked upon as the cause of th evils, ‘The ‘prison of Limoeira, and the Castle of St. George are full of political prisoners; but they are so ill guarded that they have numerous connexions in the city, and are ready to take the lead of an insurrection at the first a from the army beyond the Tagus. In short, everything indicates the probability of a disturb- ance in Lisbon itself, which may reduce the Queen to take refuge on board a British man-of-war. We sin- cerely hope, that in this supreme hour, the Court may be induced to offer such terms as the Constitutional party car accept, and that our influénce, which has hap- pily been compromised by no breach of neutrality, may still be enabled to negotiate peace. Prussia. ‘Tho Journal des Debats gives the following account of tho effect produced by the speech of the King of Prussia on the auditory :— ‘The strange impression which the Royal speech pro- duced on the auditory was depicted on the countenances ofall, ‘The assembly was thrown into great agitation ‘A considerable number of Deputies had determined on immediately quitting Berlin and returning home, but the counsels of prudence and moderation prevailed, and the excitement by degrees subsided. The correspon- dent of the Cologne Gazette properly observes that the King’s speech had placed from the onset the deliberation of the Diet on a ground widely different from that which the members, in their preparatory meetings, intended to ame.” asume” The Corn Trade of Europe. {From the Mark-lane Expres, April 12, The weather has Leeroy ipod @ decided improvement ; indeed, the last few days have been as favorable for the country as could be desired. The accounts which reach us from the agricultural districts respecting the auturnn sown wheat doseribe the plant as healthy and vigorous in appearance, though backward for the time of year; no harm, having, it seems, been done by the severity of the winter, There is consequently nothing, as far as our fature prospects are concerned, to encourage specu- lation; and an advance in prices, under these circum- stances, can only be caused by the ns 3 falling short of the legitimate consumptive demand. Unimportant as the stocks of wheat now are at all the leading markets In the kingdom, quotations are likely to be influenced ina and millers have penal little re- to fall back upon, and should the supplies at any ‘time fall short of the quantity required for immediate a rise would be almost sure to Fy the Cy le » therefore, prices see tather tended upwards at some of the principal provincial markets. ‘That an actual advance has not faken place has, we believe, been owing to the rather large quantity of American flour in warehouse at some of the leading maritime ports. At the existing rates (37s, to 388, per barrel) for good brands of Western Canal, United States flour is relatively cheaper than English ; and, as the millers canfot afford to sell at lower rates than those now current whilst wheat main- tains its present value, they have been obliged to act on the reserve, Thero has, nevertheless (ns already re- marked.) been a degree of firmness about the trade | dicative of arise in priees, which nothing but an in- crease in the supplies can, In our opinion, counteract. ‘At Liverpool, on Tuesday, there was a good atten: ance of distant buyers, and wheat brought fully thy rates of that day week, whilst flour was in rather uetive request at 7s to 388 per bbl.; indeed, many holders de- clined accepting the higher of these prices. Indian corn was likewise enquired for, partly to hold over and partly for shipment to Ireland. ' White brought 50s and yellow ae per 490 Ibs, prices not previously “obtainable. “Later in the week or the demand flour and Indian corn was scarcely so active; but wheat still in good request on Friday, at full berms, From Yorkshire we have also accounts of a revival in the demand for wheat; whilst, at the same time, the bre jo baa rather to have fallen off than increased. At Hull the quantity exhibited on Tuesday was ver; trifling, and more money being asked by farmers, busi- Dess.wes ebecked,. Ab La eds, on the same day, an ad- vance of 1s per quarter was pretty generally paid, but the millers refused to take more than absolutely neces- sary for their immediate wants. ‘The reports from Wakefield are of a similar character; indeed, wheat poeta a - are reduced, and do not amount any thit been represented; price By doen 6 Cons —The arvivals of Indian corn continue to keep e the consumption, which has much increased, Rha for past week a lange trade has been passing in this article hag os varying but little from those of last. Demand for Indian meal very large, and prices rule much the same as before,which, however, have been irre. gular, owing to a considerable quantity of inferior and damaged being on the market, ‘Phe Latest Financial Advices. Lospon Mowry Maxxet, Friday evening, April 16.— ‘The Consol market opened this morning with a very firm appearance, the quotations being 87 to \ for money, and 874 to }4 for the account, from which they advanced to 873 for money. ‘Towards the afternoon, however, apprehensions began to prevail that the Gazette ac- counts of the Bank of England, about to appear for the week ending the 1othof April, would read very unfavor- ably, and this, coupled with a further advance in the corn market, caused a sudden drop to 863% to 34 for money, und 9344 to % for the account, these being the closing quotations, Bank Stock left off 193 to 199; ‘Three per Cents Reduced, 8635 to 3s; new Three-and- Quarter per Cents,, 87% to 88; Long’ Annuities, 874 to 9; India Bonds, 6s dis, to par; and Exchequer bills, 28 dis. to Is prem, Money to-day was in increased demand, and 53g per cent was paid for some first rate bills ) Amer- ican drawers) having not more than a month to run. ‘The account in the foreign stock market has been ar- ranged without the least difficulty. and prices, consider- ing the fluctuations in the English house, have been pretty steadily maintained. The latest bargains in- cluded—Brazilian, small, at 82/4; Chilian, at 9134; Mexi- can, at 2034; and for the account, at 20%; Portuguese Four per Cents, at 34{; Spanish Five per Cents, at 2533; the Three per Cents, at 3634; Belgian Four and a Half per Cents, ut 96; Dutch Two and a Half per Cents, at 684; andthe Four per Cents, Certificates. at 90. rose 28 per ec in that market on Friday. At Bristol, Birmingham, Gloucester, and other markets in that part of the country, wheat has risen about ls er quarter; the advance having, however, been unwil- ingly paid, the transactions have been on a restricted seale at the places named. The supplies brought forward at the shipping ports on the east coast have not been more liberal than at the consuming markets; and though no actual rise has hitherto occurred in the farmers’ markets, the tendency has certainly inclined that way. By our advices from Scotland we learn that the delive- ries not only of wheat, but of all kinds of graia from the growers, had been small, which. with the somewhat firm- er tone of the accounts from the south, had imparted great firmness to the trade, At Glasgow holders had,-al. 80, wo are informed, raised their pretensions, though the quantity of corn and flour in warehouse at that port was still considerable. ‘The Irish reports are, as usual, of a contradictory and conflicting character, but in one point most of tlie let- ters from thence ee, viz: that the distress in the south and west of the island has been but slightly mitigated by the recent arrivals of indian corn, &e., at Cork and Limerick. At these ports, however, the stocks of food seem to be very large; but it was the prevailing opinion that the demand from the interior would soon take off the greater part, and prices had already in some measure i from the extreme depression of the preceding week. =.The arrivals of wheat coastwise into London have amounted to 3,685 quarters up to this (Saturday) even- ing. The quantity brought forward at Mark-lane during he week by land-carriage samples from the neighboring counties of Essex, Kent and{Suffolk, has been trifling in the extreme. On Wednesday there was scarcely any thing on sale, except a few runs of white left over from the previous market day. In the first instance very lit- tle inclination was shown to purchase, but just before the close a clearance was made at fully previous rates, the purchases being, it was said, for shipment to France. Subsequently the inquiry became rather more active, and on Friday no difficulty was experienced in placing the little on offer at terms quite equal to those current in the beginning of the week. The quantity of foreign wheat held at this port ha’ been reduced into so very narrow a compass as to render holders quite easy ; and the advance in the rate of interest made by the Bank on Thursday is not likely, therefore, to be much felt at Mark-lane at present. “Neither on Wednesday nor Fri- day was the slightest anxiety manifested to press busi- ness ; indeed, sellers very generally insisted on a small advance on former rates, and the trifling nature of the operations may be attributed more to the high pre- tentions of holders than to'the absence of demand. The transactions in town-manufactured flour have been of quite a retail character, the attention of buyers having been directed to American; the latter being com- paratively cheaper at 36s.a 38s por barrel than former at 60e. to 658 per sack. On Friday there were, however, few sellers of good Western Canal disposed to accept 38s. and if wheat maintains its present position, United States flour must, we think, advance in value. ‘The receipts of English barley have been only mode- rate; but with what w: praricnaly on hand amis fresh supply of 7,644 quarters from abroad, there has been no scarcity of this grain. The recent materal decline in its value has, however, had the effect of bringing for- ward a few buyers, and besides what has been taken for local consumption, several cargocs have been purchased to ship round to Wales, where the article is represented to be exceedingly scarce. Should the inquiry from that quarter continue, we might perhaps have a rise in prices; but most of our maltaters having left off buying, wo are not sanguine as to any material advance. As yet no por- tion of Monday's reduction has been recovered, pur- chasers having hitherto found it easy to supply them- selves the rates then current. ‘he malt trade has likewise become rather more ac- tive, and the brewers have in partial instances consent- ed to pay a trifle over Monday's quotations for choice qualities. ‘The arrivals of oats from our own coast have amount- ed to 984 quarters, from Scotland to 278 quarters, from Ireland to 643 quarters, and from abroad to 9,045 quar- ters, giving « total of ‘af 10,950 quarters for the week. ‘The decrease in the foreign supply, and the belief that the quantity now on passage from tho near continental ..| against that country which ports is unimportant, have induced the dealers to pur--] 864 “dprate> ry ‘thy more extensively: On Wednesday a large amount of business was transacted, and for really good corn 6d. to 1s, per quarter over previous rates was obtained ; later in the week the advance was more freely given, and comparatively few floating cargoes remained unsold. ‘The dealers having now got the bulk of the stock in thelr own hands, are very likely to raise their pretensions; and unless’ larger supplies reach us than are reckoned upon, a moderate rise may probably occur. ‘The receipts of beans bave been trifling since Monday, and the few parcels brought forward have been taken off at the terms then current. Peas have met with little attention; and their valuehas remained nominally unaltered. Indian corn has, in consequence of the reports from Ireland, (where the article appears in some degree to have rallied from the Inte depression), been held 2s. to 3s, per quarter higher, and several bargains have been closed at the advance. Several sailing vessels have arrived from New York during the week, but the most recent dates thence are only a few days later than thoso received per the steamn- boat last week. During the interval the flour market had remained dull; but the stock on the spot being small, and no supplies having come forward from the in- terior, holders of Western Canal had declined selling be- low $7 per barrel. Indian corn had been freely offered, and some large transactions had taken place in the arti- cle. Yellow had brought 9c. to 980. per bushel, being about 36s. 3d. per 490 1b. in English money, free on board, including bags. Freights had rather given way. and sill from 7s. to 8, per barrel for flour was then From the Southern parts of Europe the reports have in some degree ceased to be of interest; for whilst prices are much too high in that quarter to admit of purchases being made there on British account with a chance of » profitable result, neither, on the other hand, is there a margin to induce shipments to be made from hence. It in, nevertheless, necessary just to notice what is taking place at the principal Mediterranean ports. From Genoa we learn, under date of the 30th March, that very important sales had been made there at high terms, equal to 70s. to 768. per quarter having been paid for Polish Odessa, and from 60s. up to 688. per quarter for secondary descriptions. Indian corn, for delivery in May and June, had brought about 51s. 6d. per quarter, free on board. At Marseilles on the Ist of April, there was but little ing in wheat, and the lower descriptions of Polish dessa had been offered at 47f. equal to 688. per quarter, free on board, without having met with much attention At most of the French markets in the interior, as well as at Havre and other ports, prices of wheat and flour had, according to the most’ recent accounts, a lied! At Havre, on the 6th inst., there was a numerous attendance of buyers from the interior; and, besides a large business in wheat, several thousand barrels of flour were taken at prises equal, in English money, to 38s. to 398, per barrel. ‘The advices from the Baltic are of a less animated character ; indeed, the tendency of prices appears to have been downwards at all the leading ports. At Dant- sic, on the 8d of April, very good wheat might have been bought at 68s. per quarter, and other sorts at proportion- ate term: ‘At Koningsberg scarcely a transaction appears to have taken place during the week ending tho 3d of April; the navigation would, it was thought, re-open in a day or two, and impart more activity to business. The highest quotation was then 70s. per quarter, whilst low to fair parcels were held at 56s. to 65s, per quarter, ac- cording to quality. From Stettin we learn that good Pomeranian and Sile- sian wheat had not been parted with below 66s, per quarter; but at this price buyers had become very cautious, hardly « bargain having been closed during the week. At Hamburgh, on Tuesday, 601b, red wheat was sale able at equal to 698. per quarter; und Saale barley, of 4ulb. weight, at 45s. per quarter. ‘Of the latter, several parcels had been bought for shipment up the river, Lonvon Conn Manxer. April 19,—American flour in decidedly improved request on the 4th, good brands being only saleable at 376 to 388 per bbl. On the 12 wheat advanced 2s to 3s per quarter. A further advai of Is to 28 per quarter in wheat on the Lith, Indian corn in demand, but supplies almost exhausted; and of American flour diminution of rtocks so considerable that best brands were full 1s per bbl. above prices of the 12th To-day, the market is much agitated, and nearly all that was on sale eagerly bought up on French and Bel- ginn account, at a rise of 6s per quarter over the price of the 12th. . Livenroot Cons Manxet, April 20.—On 6th, flour in rather active request at 37 to 38s per bbl. Indian corn, white, brought 50s, and yellow 52s per 490 Ibs. On 13th. « lively demand for wheat, and sales very extensive; an advance of 4d to 6d per 70 lbs upon rates of 6th inst., generally established, American flour also in good re- quest; Western brands realizing an improvement of Od and lower qualities 18 per bbl over the terms last n Barley held at our increased quotations. Beans re a Is per qr. Indian corn continuing to mevt a tolerably free sale for Ireland, advanced 1s per 450 Ibs; and Indian meal steadily maintaining the carrency of that day @en- night. On 16th,a good stoady buses done in wheat at an advance of 15 to le 6d per js to ts per bu: il orn 1s to 28 per qt dearer than 13th. i oan B. stendy, ‘and prices tend upward. The chief buyers at our market are dealers for home con- t deal of the present demand for sumption, aoar comes from many of the Toland coun- ties, it is but natural to suppose that the farmers’ stocks ‘There was a fair amount of business transacted to-day in the foreign exchanges, several parcels of bills upon Paris drawn from the United States having been nego- tiated. The exchanges were again rather higher, and many bills remained over unsold. ‘The question regarding the parties most likely to re- ceive the appointment in this country of financial agents of the Russian government, which, since the diseredita- ble failure of Messrs, Harman, has been a topic of some interest, is at length desnitely settled by a selection having been made in favor of the Bank of England.— ‘The terms of the agency have not transpired. but it is assumed it will be merely that of bankers, since the per- formance of any other functions by the Bank would uot only be inconsistent with its constitution, but wouid ex- cite unmeasured opposition, Indeed, it is not certain that the arrangement, even in ite natural and legitimate effect of increasing the means at tho command of that establishment for employment in the money market.Will, after the recent enlightenment of the public upon its capacity for prudent management, be regarded with un- mixed favor. *=That the Bank of England, however, should thus have Been selected can scarcely excite surprise, when we nee at the number of mercantile defaleations of the last 10 or 15 years of that peculiar character in which the peculiar character in which the parties, after occu- ying positions of eminence, and being held up as mo- dels of integrity, have been discovered, deliberately to have maintained their state upon the funds of their cre- ditors and conneetions, and who, upon being reported as lefaulters, when longer concealment was impossible, have rarely been destined to hear any other expression of feeling than that of something approaching to coms misseration. When a higher general tone shall prevail, and the same unreserved view shall be taken of the dig: nified as of the humble offender, these lapses will less fre- quently take place, and under any circumstances will not/operate prejudicially to the general body; but mean- while it is perfectly natural that foreign governments should exercise caution, and the public will not be sorry to learn that tho possibility of further similar occur rences is, at least in one instanze, removed. The accounts received by the Hibernia this morning were on the whole regarded as favorable, and. to this in some measure may be attributed the riso which, during the early part of the day, took place in consol, Upon a careful review, however, of the advices from the vari- ous sections of the Union, it is diffeult to trace an thing that can be considered to modify in the slightest degree ‘the relative commercial position of the two countries, ‘The rate of exchange ix quoted more fayor- ably, and if this had been the result of an extraordina- ry demand for our manufactures, or of an evidently les- soned supply cf draughts against produce shipped to this side, it would have afforded legitimate ground for the belief that un improvement had taken place. Up to within a day or two of the reyny 4 of the packet, how- ever, it appeurs that the exchange had remained as low as 163, and the sudden jump to 10434 and 105 is report- ed to haye arisen only from sellers taking advantage of the fuct of many leading houses having neglected to make thelr necessary purchases until the last day, after large quantities of bills had heen taken upon speculation at the low rates. Under these circum- stances a good market was made for all paper of a fair description, when, if the natural relation of trade had been the only influence in operation, a further severe depression would, in nil probability, have taken place— astate of things the result of which is clearly indicated by numerous orders } ship gold contained in private ad- viecs. “There are many purchasers of produce here,” it is observed by one party writingja day or two before the sailing of the packet, who cannot execute orders for want of means or abilility to sell exchange, and some very heavy credits, £10,000 to £20,000 each, have been brought over by Irish and other agents from first rate English banks and bankers, and been negotiated at 3 to 3h¢ per cent.” And he adds, “I never before knew so much exchange (not of regular drawers) pressed on the market.” At the same time the confirmation of the fact that henceforth the amount of bread-stufls which it will be in the power of the United States to sup- ply will be almost unlimited, is more strongly aunounced than ever, coupled with a statement that the demand for France has become active, which must tend to it is ill-prepared to meet, and thus uneasiness felt here during the last three or four months regarding her monctary prospects, That these supplies to Europe will not speedily terminate is also rendered certain by calcul: tions as to the fall which might take place in the price of produce and rate of freight, and still leave a large proilt te stimulate exportation, and that this circum- stance is foreseen by American farmers and capitalists is shown by the fact that, not only is a large increase of sowing and planting intended during the present spring, but that establishments for kiln-drying, the want of which has hitherto retarded the exportation of Indian corn, are now completed and in operation to a large extent. At Cincinnati it is calculated that from one- third to one-half of last season’s crop, both of wheat and Indian corn,still remains in the hands of producers, yet here, no less than at other places, the prospects of ‘extended cultivation are remarkable. |In Philadelphia, owing tothe recent opening of the Pennsylvania canals, the receipts of produce have been beyond any existing means of removing them; while in several large corn- growing States, such as Tennessee, no hope is entertain- ed of carrying away more than a limited portion of the surplus, * except in the shape of pork.” Our prospects of continued importations have, therefore, it will be seen, in no way diminished; and the only questions consequently, ure, how far will the gold already sent out pay for what we have received up to the present time’ and what are the probabilities of the demand for our manufactures keeping the balance even for the future? On the first of these points it is to be mentioned, that the amount of sscie registered as imported into the United States at the three principal ports—namely, New York, Boston, and New Orleans—betweon January 1st and the sailing’ of the steamer, was not much below 2,000,001. sterling, to which must be added very large sums taken out by passengers of all descriptions (emi- grants as well as others), of which no record is made; but that these have not brought the exchange near to a point at which no more would be required is denoted by the last quotation, even taking it at its sudden improv ment. A further quantity, it is true, is at present on its passage, but still not to such an extent as to warrant a belief in its producing a decided alteration in exisilag tendencies. With regard to the second point, the probability of the demand for our goods keeping steady pace for the future with our consumption of American produce, there cer- tainly seems no strong ground for confidence. ‘The sub- trousury still coutinues in operation, and although its effects are probably overrated by the banking and com- mercial interest, under the intfuence of political bias, there can be no question that it acts powerfully to deter many parties from engagements into which they would otherwise enter, The total amount of specie locked up under this law in the hands of the United States’ ‘Treasurer, on the Ist of lasg month, did not greatly exceed £1,000,000 sterling, Bat it fs seen that th’ amount may be considerably increased if the govern- ment should succeed in completing their $23,000.00 loan. This, however, is not a consideration so important as the obvious circumstance thut it is against all reason to believe that a demand for our goods, many of which nay be regarded as luxuries. can grow up as suddenly and as imperatively as that which, under the exigencies of famine, has becn raised on this side for provisions. — It must be remembered that tho protits now realized have to be extended over a far larger surface of country than was populated at the time of any previous drain, and to suppose that the farmer of Indiana, of Illinois, or of | Oiio, will not carry these profits home, but will simul- taneously with his prosperous sales give orders approach- ing an equal extent for articles from the Luropean mar- ket, is greatly to over-estimate the rapidity even of American expenditure, Under these circumstances the utmost that can Le expected just at present is what may be called a decidedly “good”? “trade, and of this from ail we can learn, the advices by the present packet furnish signs, In the course of the day in the city the orders for the manufacturing districts were spoken of in some quarters ax “enormous,” “tremendous,” and so forth, Dut letters from the best informed parties at New York speak of the probable demand in terms which by no meqas sustain the accuracy of these reports, ‘April 19.—Sinee our last publication, Consols have continued to fall gradually, and are now quoted nearly two per cent lower than at the sailing of the Cambria. On the 8th instant the Bank of England raised the minimum rate of interest for bills discounted to 5 per cent; it was very well known, however, both before and since, that no bills had been discounted below that rate for some time past. Dreading the continued draw for gold to the United States, the Bank has also restrained business by refusing to discount for any firm beyond a certain limited amount, and by their objecting to bills of very first-rate qu The rate for first-rate bills, due in April, may be reckoned at 51g per cent; the Bank, itis understood, will now discount no other, und for longer dated bills 6 to 7 per cent is asked and paid. Since the arcival of the Hibernia there has been rather a better feeling in the market, but as yet prices have not expe- rienced any benericial change, To-day, notwithstanding the advance in tho Corn market, the market was better. Consols opened at 36! to 44 for money andaccount. Money stock was found to be extremely searce, and hence it was worth as much for prevent transfer as for time. Consols are now 87 for money, and 87 to} for time; Reduced Threes 86 to's; ‘Pheee-and-a-Quarter per Cents 87}, to 4; Exchequer Bills, 2 discount to 2 premium; Consols Scrip 2% to 14 discount. The forelgn market partook very much of the tone of the British funds, Little business was doing up to the beginning of last week, when thero was an active busi- ness done in Spanish and Portuguese stock, owing to the | political news from those countries being suppored to luce a rate of exchange

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