The New York Herald Newspaper, February 11, 1848, Page 2

t the Paceage de POpers. edin my ietter oi The oblef onuse of the panic I Fiog’s death. A person wno wae jaince yenterday moroing, offered in thanksgiving for the | recorerr, 1am me thar aS aj onty ooked in good bealta awa Ha wisn, 00 Lom eta a yg nl Sen, bat was dis- | 4 lest he shou intake cold ‘The Qaeen of the | smediately after maes—that | . sting the King’s health there m m abundaacs of matter net in ai 1 of their “ speculation for the fail ose, ia the refusal of the poliee to allow the rs of the 12th erroodissem: of Paris to dine while ap to the present,the resolve hoN t Danquet nevertheless threatened attack upon 4 e of a place in the Finauce ont to & person named Patit, will be made in tho { Deputies on Thurtdsy, by M Odillon Bar- hied is the equally certain’ fnct, that the forth- 0 rv the addross, in the same Cham- for life or death for ministers — y Will, atter all, have a msJjority js more then but the effets of the struggle are looked to by b nds with alarm cher domestic circumstances, unconnected with po- lies have el#o contributed and continue to contribute, to the depression of toe money market of Paris -name- ly, the immense weight of the bew loan; unlucky specu- Jetious * for che ris,” aud the coasequent failure of very many persons who ventured largely; besides the vast amount of capital 1€quired to meet the calls cf several railway eompanies; ail these several causes have pro- duced, and may yet produce further disastrous effects vpon the Bourse. Althouch the market looked to day as if likely Co recover, you will find thas the three per cents fella moment alterwards to 72f 900. This was, howerer, ascribable in a great measure (o the report tliat, iu addition to the large defaulter announced and (im the language of the Bourse) “exzeated” yesterday, | ers migat be expected tiow of the causes of the agitated and denponding state of this market is not, however. com plete, tor f reign political considerations further enhance rhe prevailing gloom. The yet unsettled situation of Switzorland-—the actual state of Italy, whish yeu require to be told is lamentable und alarusing—ptess heavily Revolution or inaurrection on & it is true, te be yet feared, but all eninsnls, above (h5 very lowest class, ‘Thus predisposed, émrures, her urged by foreign or native es, ure probable at any moment ln the tacte which | have here stated you have the true cause of the alarming state of the Pari« Bourse ‘They will be acceptable, I {rast to ali couneotd with the money market, and may not be without interest for the ueweral public, as they mecessarily comprise vil the leading discussed to-day” in Paris—London ‘anes. Baxx or Exeuanp Act7th and Sth Victoria, on Saturday, oth day of an i cap. 2 January, 1848. Issue Derantent., Notes issued. ..,...£26,247,000 G 10,872,312 ver bullion, .. 1,423,688 £26,247 000 DeranrMent. wo Gov't securities 47 (including = dead Weight aunuity).,.£11 203,353 Other seeuriti 15 254.836 Notes...» 7,162,400 Goldendsilvercoin 476,602 4187 291 £31,187,291 Dated the 20th day of January, 1848 M MARSHALL, Chief Cashier. Whe Corn Trace of Kurope. . (From the Lone Exprees, Jan 17.) The slight frost « Lin the early part of t week having been 63 d by rain and » high range of temperature for the tims of year, there appears byt lit- tle prospect of that improvement taking place in the condition of the grain of isst year’s growth #9 anxiously winhed for by tarmers. ‘This is aserions drawback, as the value of the corn bes been greatly lessened by the deterioration the quality has euffered by the prevalence of dawp soft weather throughout the winter. The enp- suf new waeat bavi come forward in wretch- iy bad order.and unless we have au interval of sharp frost the condition is likely to become worse rather than ‘cumstances anything like ec- Uivity in the trade can scarcely be caloulated on, and the confidence pretty generally felt a few weeks ego, that wheat would with the opening of the new yeer rise in vaine, has recently been a good deal shaken. Hitherto, however, holders have displayed considerable firmness, but whether prices will be long supported if the millers and dealers do not buy somewhat more freely, is in our opinion exceedingly questionable. People begin airendy to talk of an early opening of the Baltic; and though by the latest secounts al! was still frozen up, it is quite vatural that the extraordinary mildness of the season here should lead to the belief that the winter may t duration on th the trade has lost ® portion it was characterised previous eves is decidedly feit wx re- inly mavifested by the cautions mennoe mayors have conducted their operations, and ewhat increased anxiety on the part of sellers to realize Still there bas been no h Girposition to force business, and the deliv- om the growers hav scale as before. That rather lees money has been tuken certain, but this may be partly accounted y njarions effect which the extreme humidity of the atmosphere haa hed on the quelity, the real velue of the article having been the extent of the reduetion in price of the leadin, the dullne the same tis mani ested he t ent wes frecly of. abatement of the previous market day, or per T0ibs, below the eurrency of that day renvight, without inducing purchasers fo take more m they Wented for immediate use. American flour alto cbcainable at lower rates, 298 64 pur barrel g (hen au extreme price for fresh brands ot We Later in the week the depression increased, and ther concession of 2d. par 70ibs. on 64. peg berrel on flour, hud to be made he north ere not much more lively. towns in Yorksk have beocms ex At th * the demand for wh dingly slow; prices were not quoted lower on Tuenday eit or Lees than on that day week. the turn wa: mitied, generally ia favor of the purcharer, From the western and north-weatern markets the ad- vioes are still more discouraging At Bristol, on Thure- tention, though obtainable per qr., and at Birmingham on uction amouated to fully ls per qr ‘istriots then et the lar, towns, and at the shi yalae ot w consuming the east const, tbe pported it appears that the con- on kinds hung At Gia otations did not undergo of much the seme char- eis of indian corn had, at Cork, which had out 28 61. perton Pri given way, 0 London continue st coat being still d to the northern markets. The y ounts to 7196 qcs ¢ moderate nature of the rupply, b as remained,in avery languid state. The ele exhibited on the Eesex and Kent stands of Wednesday roarcely excited any atteution ; and the bar- gains entered into were of ao little importanos, tbat quo- Lations were generally regarded ns nominally the sume ap Sa the begingin; in the weather did noc tend to improve the position of affeirs ; and on Fridoy there wan, besides, some increase ia the show of semples. This caused more anxiety to be yed to clear off whet had been left over from pre- vious receipi# ; but to have rucceeded in making rules, ic would have been necessary to give way in prises, which factors were unwilling t7 do, and the operations were consequently on m strictly leeale, A few more vessels, wh in arrived during the week from at foreiga porte; about 10063 quarters b » band These coutinued recetpis from ave Unqu-stionsbly & depressing influence, more ularly a greater proportion of che supply re- edof low qualities ; whilst the need has been almost exclusively really flue sorta. re by no menus enti fui at this port ; iptions hay itherto suffered + depreciation in value Danzig, Rostock, and other favorite kinds have been held firmly ; and though the operations both on Wednes- day and Friday wore 00 & restricied scale, reslly good qualities were not cheaper than in the commencement of the week. Inferior wheat being altogether neglectsd quotations cannot be given with much accuracy ; but if | parchasers hed come forward, sellers would. we think, save endeavored to facilitate business by eccepting low- ates Che ¥ us of town muvufactured flour bas remained Nortol and other country marke have not ud feliers have ineisted on quite former American flour of good fresh quality has aiso commanded previous terms ; but the bayers had declined taking more than absolutely requisite for pressing wante Knglisa barley reported. nearly the Mork L § aod dwtiiers apprar, however, to hava quite sullioient ca Land for their immediate ues, and bt Jo sont Whouy out of the market Business been of & completely retail character; of wales cf any importance, prices * tame as before In foreign bar- | have remaived x Jey there has b grimdlag parcels, bring conparaticen tented tere ae held steadily » Hou /ay’s currenay. j Value of malt has aito torn fr though the inquiry has not been ey way n ens aasenstee We bave again to repor TY fcanty eupply o! oats, | from our own coast only 4450 qre; from Sictlend tage | qrt; from | 4, €88 gre; and from abroad, 700 i having comm to hand. ‘The dewiers appear, nevershe to be wowilling (o buy, and continue to draw upon ti stocks, whieh must now be reduced into @ very narrow compare. The trade wae not by any means a on Wednesday or Fridey; and though factors succeeded in partial wtavonr in Toaltzing an edvance of 64 per GF 00 fue corn, the generel qualities were not dearer {ben in the commencement of the week. Very few of homegrows bean tnve been | ( this morning, mamely, am wn- | n which they will not | ntinent than in ordi- | ants from the ether lerge corsuming mar- | bern showa ar the markets in tne | | 4000 bage at 14e 64 @ bag. of the week. The subsequent obange | 1 before arrival; aad the quantity | ne since Mondey bas been small. | | Mow cwured it to adhere to the | chown atnoe Monday; and previous prices have been | fjueieted on, but relaotantly paid. In Egyptians, there hos been little passing, and quotetions have ungergene =e i fe quiry for slow; but nether white. sold cheaper, Indian corn and meal have not been much inquired for. and the turn bas ratker been in favor of the buyer. The quentity of rye flour on the market has been ma- | teriatly lessened, and this article bas lately been sold in | retail at £6 16s per ton By the latest weather waa severe, and the ioe in the dil and harbors bed accumulated to such | prevent further shipments of grain, Business had con- | sequently become dull, and the tendency of prices had been rather downwards | At Danzig, on the 5th inst , good mixed wheat of 60 Ibs weight was quoted 435 to 45s, and fine bigh mixed, | of 61 lbs weight, 46s to 40s per quarter, free on board | The exports of wheat during 1547, had amounted to 33,705 laste of which 28 133 jests bed been for Great Bri- | tain. The stock then on hand consisted of 8 300 lasts. of every description bas been boilers nor hog peas have been “From Rostock we have letters of the 6th inst. from which we learn that supplies of grain had eome epariug- | ly to hand, and that though the demand for wheat had not been lively, its value had been tolerably weil main- tained, 45s 6d per quarter free on board, being that etill | asked for prime qualities, weighing 62lbs to 63ibs per | barhel. iu spring core there had been little doing, but | the receicts of barley having rather fallen cff than in- creased, 224 6d to 28s per quarter bed been realized for | good parorls. | At Stettim and Konigeburg, &o., the operations in | wheat appear to have been unimportant, but prices seem generally to beve beep well maintained. | ° Our Hamburch advices reach only to the 6th inst | cold wae then severe, and a great deal of now had fallen | ia that neighborhooa, For export, nothing ha | done in corn, and the local demand had also been slow; | for fine Wahren aud Marks wheat, on the spot, 48s to | 60s per quarter, according to weight, had been asked For parceis to be shipped at our ports in spring, there had been offers atfrom 44s up to 46¢ per querter, free on | board, | The advices from Holiand and Belgium are of a less | animated character than of late; but stooks being mo- | derate.a# well in the Datch a8 the Belgien markets, | prices had been well maintained Atsome of the ports in the Mediterranean the ac- counts are very lively. and at Marseilies a large specula- tive business had, we are informed, been done in wheat Polish Odersa, the sort most in request, hed risen from 43s, the rate at which it had been freely offerred the | week before, to 49¢ 6d per qr., and the last price paid for Marianopoli had been 488 per qr. Meanwhile there was | little or nothing being shipped; and as some difficult, | bad been exper enced in finding cargoes for the vesse! in port, fr-ights had rather declined From Gevoa we have letters ot the Sth January Wheat had been in lively request there; and within a petiod of a few wenks prices had risen 3s to 4s per qr, | fine Polish Odessa being then held at equal te 463 to 478 per qr. free on board ‘We have also later dates from the Continent, but the intelligence from thence is of iittle importance. Hamburg letters, of Tuesday, state thet the frost had increased in intensity, and that the Elbe remained blocked up by ice Lonvox Conn Manxet, Jan 21—The weather for the last few days has been very cold and frosty, and thet is every appearanceofs fall of snow The wheat trade ruled dull at this market, and in consequence of the slender attendance of buyers, only retail business was transacted at prces nominally ason Viondey Barrel flour met but little inquiry. Indian oorn being with great Grmness business was checks duction of 1s to 2s per quarter, there might ha extensive transactions, Although there is no | barley on sale, no improvement. either in prices or | mand, can be repor ed. ‘The arrivais of oars from our | own coast and Irelan present | limited inquiry; the val 1 a only | trif_ing sales were effected. In other grain there wasno | alteration. Loxpon Cons Manxert, Jan. 17.—Our market was tolerably well supplied with wheat by lund carriage sam- | ples from the near counties; (ve condition of many was, however, very indifferen:, Selected parcels were salea- bie at areduction of Is per qt upon all; inferior and | | | of fully 2s. per qr Sales of foreign proceeded slowly, at | an abatement of 1 pergr for all but the choicest qual- ities Barley was dull trade, but cannot be quoted lower. Oate were in moderate request, at previous rates, Beans and peas were uneltered in value Liverroot Corx Excnascr, Jan, 21,—The fresh ar- rivals of Britith and [nish prodace, cwing to # continu- ance of east winds, still attended by severe frost, are duce to report since Monday last. | in value, cour last quotations. | quest, was rether more sleable at the rate of Tuesdsy. In barley or malt little or no change was apparent. | late prices; and Egyptians, from the la hand and ‘coming forward, declined 1s per qr. rations in Indian corn were rather considerable, at an advance of 1s per 430Ib; and corn meal, being also in | good demand, was 6d. per bri. dearer. Liverroot, Conn Marxet, Monpary, Jan 17—The grain market has been very inactive di _ week. The recentssles of wheat ha: luc- tion of 2d per bushel on old, and 3d. per bushel: w, | from the rates of Tuesday last. Flour bas likewise de- clinep 6d. per barrel—oats 1d. per bushel, and Indian | corn Is per quazter. Little change has ocourred in the vriue of barley, beans, or peas. Markets. Lrvenroor Cortow Mauxet, Jan. 21.— American, 4 per Ib decline on rat, Egyptian, and Sea Island w taken on epeculation, 100 bi ron, 100 bales American. The commit 0-day, for fair cotton, are—Bowed, 484; Mol 494d; and Orleans, 4744. here on our market. | is perhaps an advance of 3s. on Friday's ratese | Livenroot Maxets, Jan. 18 —There | cotton amount to 6000 baler, to the tra asking In a owt advance. en of ri Th | nti ize 6d. | logwood at £4 12s to £4 168, being an advance. | ‘guewiat ecorn trad in the demand for Iudian corn, | Provem has been more demand for turpentine, and 2200 bbls in store have been fold at 6s 9d per owt, American rosin isin more general demand; 2000 bbis have been taken | at 26 1d to aa 4d for common, up to 7s for fine; thege | ate buyers still at 2s 4d for common parcels of fair og | ity. Pot and pearl ashes go off rather more freely; | to 300 bbis have found buyers, at 28s 9.4 to 294 for M@B- treal pot, 338 61 to 348 for Montreal pearl, and 33s 64 to S48 also for New York pearl. There are no sellers of Americen oil of turpentine, but 86shas been paid for British. There isa fair demand for tallow, and an ad- vance of faily is per cwt hes been obtulned; the rales are spout 400 casks, at 461 94 to 494 for Petereburg Y. ©., 468 to 47s for Taganrog. and 459 6d for fine South Awerican. About 500 bbls American lard are reported Bt 62s 3d to 676 per owt. Hampone, Jan. 14—Coffee is held very firm, but no tranraction it any importance have occurred A few (hourand bags real ordiosry Rio Jauviro sold at 3: | @ad sbout 800 begs St. Domiigo, at 334s to 33¢8 Cottor | ~The low prices of this article attract more attention. Of Am: rican qualities about 600 bales have been taken on speculation Sug ¢ warket is much firmer, and rather hither prices have been paid for emall jote. The choice in better qualities if very limited; and as long an no fresh supplies come in, we do not expect to see the quotations lower. Havana we quote from 14m to 17m, white Bahias 15% to 18m, and brown Bahias 13%m to | 148m for 1001bs. Rice—For all East India sorte the | market is very Some Java hos lately been sold at Oxm per 100 ibs. The stock of Carolina is very much reduced ; small peroele sell xt 17¢m to 18 m per 160 Ibs Tobacoo—'T he market is quiet, and since the rale of 500 Dales Brazil leaf ac 2340, to 2 9-16cbs per ib, no transao- Vons of moment heve cocurred. Antwenr, Jan —Coffes continues in regular de- wand. Abcnt 3.000 bags Brazil and St. Domingo reve; Previous rater, Cotton—Prices are decidedly firmer, ve have to mention the rale of 660 bales Amerioan al t) 26350; and 160 bags Surat at 20c t Detter demand ; 350 cask: i to 16fl. Owing to tite jarge public rales of dam: (9 Havana which bave lately taken place, there is litt doing. Stock is very large 400 boxer yellow Hav: | Sela at 168. Tobsoco— Little doing; we quote Kentucky i190 to 240; Virginia 113% to 24}¢e; Maryland 16 to 34e. iiides— the market is inactive, nnd no eales Of any im- Fortence have taken place ‘The stock is very extensive, while the demend is limited. We quote dry Buenos Ayres end Montevideo 270 to 386. State of ‘isade, Manxcuesren, Friday Evening, Jan. 21—We have clo- | aed this week much quieter an@less cheerfully than last, | ond w now certain that the prices of yarns and | .00d6 are no low, that many manutacturers in Preston |g dother neighborioods have decided again to limit their produo.ton, and in rome cases suspended opera- iionsattogether lomor.of « large house in London be- {Ng in dMoulties bas addid to the gloom, “ Potitivat Asornen Tavion Paren 7, publishe Daavilie, Ve, bas placed the name of Gen Pal Tayi ae the head of its columns, as «candi for dency. Meetino of THe Cananian Pansiament —T | | | e Parlia- | ment of Canada is oslied to meet, for the despatch of bu- sinces, on the 20th inatant Considerable ipjury war done to the frult trees in th: region by the late snow storm The dampness of the trees in large quentitice sod many bracedes were broken off jv consequences, We oh omaebe were Injured Merton Teovilien Pees ™ Aviees froma the north of Europe, the | out. of-conditioned lots were a very dull sale, at a decline | egain rather limited in extent: from the United States we haves moderate quantity of Indian corn and corn meal, and from Egypt several further cargoes of beans, amounted to 7589 quarters; but no other foreign pro- Daring the period intervening between our first and second markets this week, the wheat trade assumed a littie more firmness, some parcels of the low qualities | of foreign changing hands at vrevious rates; and whilst | Indiao corm and corn m-al met an improved demand, at rather higher prices, other articies remained stationary | Our market this morning having been tolerably well | attended by home and country ‘buyers, the trade seemed to open with a better feeling on the part of the holders, and for most kinds of whest rather higher terms were | required, any advance, however, being unattainable, and the transactions only mcderate, we have merely to repeat Flour, though not in active re- English and European beans were difficult of sale at ‘supplies at dati On tit dt sparing, cathe ii Gh ts no vatiatian. Osts contiaued to move sparingly on tho Toney han me mites | terme last noted; and oatmeal receded Od. per load.— Having several Irish buyers over here to-day , the ope- have had more business doing in cotton thie week; in the early part of it prices of American were nearly 3d per Ib rh | dearer, but this advance has been completely lost. The market closes heavily - although the sales are estimated 8000 bales—with the Inet quotations hardly obtainable Brasij, and with Su- anced. There have Surat; and? for ex- yao- wile, Liverroot Corton Marxet, Monpay, Jan. 17.—The | eccounts brought by the steamer nave had little effect Sales are estimated at 6000 bales to the trade, and in the middlirg and inferior classes there was a fair fair demand for eugar yesterday; 350 hhdsof West Indian | end 1000 bags Bengal sold at fair rates. Holders are the mounted to le of nitrate wae well nuded. and nearly two cargore were sold at lis 6d to There was also a good demand for St. Domingo ‘There except a alight im- |, Livenroou Paices Cunnent —Friday, Jan. 21 —There North-west Corner of Fulton and Nassau sts. JAMES GORDON BENNETT, PROPRIETOR. DAILY HERAL. included.) cent. 7 annum—in the United states. Buropean subscribers, 4 per annum, to include the pos~ — turd. cents BEET, BERALD- Mok, Beret inc in D—Every day, ( 25 voy—$ annum—in Bu- Fopeen yabera ee aR oer a Hv dethe pestane. An editic in ti ‘ench as wel in the _ seafront from ail ports’ of the" Smerican continent to the latest mo- ‘ment Subscriptions and advertisements received by ra. u i aenne, Paris; P. L. srmonds, 18 Gorktth and Sohn” siflers Bookseller, lenrietta street, LOA ESIDENTIAL HERALD—Every Tuesdoy—One er the Ca’ COVER TISEMENTS (new every ng) ot rea- ; ss tot cementibie for errors tm manuscript, TEINTING of olf tends ‘ond with enecute spatch. Urders rece'ved at the ication e, cor id Nas: ner of ton an sou a. és ys yal. mats. aud: ns, oF wi = semen. to be out vid. or the postage will be de H VOLUNTARY CO ONDENCE, containing ampertant mew, solicited Les y quarter of the world “98. Worice oc - onymour communica Tana by the mame ond address of the sorsler en We commer andertake to returmrejected commun Mall, PAYMENTS to be made inadvance. PAY. AMUSEMENTS THis EVENING. PARK, THEATRE.—Sands, Lent & Co.'s Ammrnican Circus, in their various performances. BOWERY THEATRE, Bowery—Tae Fata Dowar— Asmopevs—OTELLO. % HEATRE, Chatham street on ee the Pollywogs—Livine Pict! ngs pe VERE. PALMO’S OPERA HOUSE, Chambers street~Moprt ARTITS BROADWAY. ODEON, Broadway.—Comic Sinaina, ee.—Tapiraux Vivanis. eCHANICS’ HALL, Broadway, near Broome street-— Dancing, ke. —Metamo- unEs—AG- PAN| |A HALL, Broadway, near, ston st —Ban- ranp’s PANORAMA OF THE Misstasprs River RUNKTT NT JERUSALEM—TWO ex- hititions,at clock, P.M. ————— New ‘ork, Friday, February ll, 1848. = a a ADVERTISEMENTS received for one inser- tion only. ee ‘The Electric Telegraph. ‘The telegraphic wires furnished no news from the south last night, the mail with advices from New Orleans having failed to reach the southern extremity of the line. The Congressional and Legislative reports, however, came to hand, the Postmaster General, luckily, having no control over the transmission of intelligence by tele- graph. In the Senate, a resolution of thanks was offered to Col. Doniphan and his command, for their military achievements in Chihuahua. Mr. Cass offered a joint resolution, authorizing an issue of silver medals among those offi- cers and men, of the regular army, who dis- tinguished themselves in the Mexican campaign; and for the appointment of a board of officers, to examine and report the names of those who are worthy of such honors. A bill was passed to increase the medical staff of the army for a hmited time. The special order of the day—the Ten Regiment bill—was taken up, and a speech from Mr. Underwood, of Kentucky, in opposition to the bill, detailing a catalogue of financial and other difficulties that must overtake this country if the prosecution of the war be persevered in, brought the day to a close. In the;House of Representatives, the war loan bill was the most important subject under consideration. Mr. Marsh, of Vermont, aod Mr. Brown, of Mississippi, occupied the fall measure of time allowed them by the one hour rule in the discussion of this question ; the former in opposition to, and the latter in favor of, the bill. The report of the legislative proceedings to- day, as has been the case during the greater part of the session, give evidence of the political maneavring going on in both houses, in the creation of offices for favorite partizans, princi- pally lawyers, who have been deprived of lucra- tive berths by the alterations in the constitution of the Stat Our report exhibits the progress of this spirit, in the appointment of referees in equity, and in the debate to ascertain in whom will the power rest of appointing commissioners of deeds and notaries public. The General Ma- nufacturing law passed the Senate, with the Oriskany clause conditionally attached thereto; which, with the business above mentioned, is about the extent of the day’s doings. | ‘The News from Europe. The news from Europe, which we publish in this day’s paper, continues to be very interesting, and to bear out the speculations and opinions we have already given to the public, on the va- rious movements now going on 1n Europe. It embraces a space of only about eight days; but in that brief period of time, the fluctuations amount of business done yesterday in produce, and in ie ‘. nf tome articlen at rather Improving prices, ‘The sales of | in the markets are quite interesting. Corn and ‘There was a cotton move in a s*e-saw way; when corn goes upa little, cotton goes down; and when cotton goes up, eorn goesdown. After a few fluctua- tions of this description, the prices of both reach- ed about the s&me point at the end of the eight | days, that they were at the commencement, so that the great staples in the English markets are pretty much in the same position that they were in at the time of the sailing of the previous steamer. It isa period of repose in commercial affairs, that period that intervenes between seasons of great speculation. The money marketisin asimi- lar condition. The specie in the Bank of England is gradually increasing, having reached well nigh twelve millions and a half. Discussions were held in that institution, on the propriety of diminishing the rate of interest, but no resolu- tion was taken on that point for the present. Failures among the commercial classes were disappearing, and, on every hand, trade and com- merce appeared to be gradually and slowly reach- ing firm ground. When the specie in the Bank of England shall have reached fourteen or fifteen millions, when the interest of money shall have been lowered, it is probable that the great capi- talists will make their usual preparations for another vast speculative movement in the staples of commerce. The rest of the world is entirely in their hands, and must submit to their operae tions sooner or later. In political affairs matters are, also, in a state of calm and repose, both in England and on the continent. Parliament is not in seesion in Lon- don, All the old parties seem to be broken up; everything is in confusion and fog, and the same characteristics apply to continental affairs. In France, speculations are indulged in on the re- sults that would probably grow out of the de- mise of Louis Philippe, who is now old, and whose health is not very strong. The affairs of Switzerland are pacified for the moment, but an ominous aspect of excitement appears to be af- | fecting Itely, under the auspices of his holiness | the Pope. According to all appearances and all accounts, the Italian peninsula will present one of the most interesting conditions before six months, that it has done for the last two thousand years. Pope Pius, by the journals of London and Pai beginning to be denounc- ed asa revolutionist, as aJacobin,as a disturber | of the peace of Europe, because he will not sub- mit to the articles of despotism from Germany. | Symptoms are developing themselves favora- ble to the belief that the Pope may create a revo- lution in Europe, in connection with the recon- siruction of the Catholic religion, that will pre- | sent a new phase in the history of the civilized 4 Commmncia, Fatonrs.—The steamer us accounts of additional commercial failures in Europe, England, and elsewhere. Of the most important of those which have recently taken place in Havre, we are sorry to say, that the highly respectable and long established house of Delaunay & Co., of Havre and New York, has suspended payment, and, it is gene- rally reported, to a large amount, probably half a million of dollars. A few weeks ago, one of the younger members of this house here, embarked in one of our packet ships for Havre, in conse- quence of receiving intelligence of the failing health of his father, the well known founder of the house in question. By this failure, we un derstand a number of our French importers will be affected, more or less, but wehope not very seriously. The house here were the bankers o! the Italian opera; but that establishment, from the perfect equality between its expenses and re- ceipts, can receive injury from no quarter what- ever in the banking line. In the recent revulsion, Havre has received a pretty severe blow. One of the most important failures heretofore recorded, was that of Bonaflé & Co., and to that we have to add the present. Indeed, we areafraid that more failures will take place in the American tradé with France. Ano- ther idea, also, seems probable. The merchants of New York and other large cities on this con- tinent, have hitherto stood the hurricane remark- ably well. We have escaped with comparatively few failures—those of Prime & Co., Benaflé & Co., and Delauney & Co. being tlie leading ones, all of whom, however, were engaged in the ex- change business. We much fear that the terri- ble revulsion that has taken place in England and other parts of Europe, will yet exhibit its effects on the trade of New York and this country. It is impossible for so many suspensions to take place on that side of the water, without involving vast losses to the merchants in this and other cities, and we have yet to see how we can get through the coming spring and summer. Tue New Pouice Brut.—On Monday evening next, we understand, Mayor Brady will present to the Common Council for their approval, a new police bill, or an improvement on the pre- sent system. The following are, we learn, about the main points in the bill:— In the first place, the number of station houses will be reduced from eighteen to nine, anda captain with two assistants willbe appointed for each station, to be on duty night and day. The night police, or watchmen, will con: ot 500 men, 250 of which will be on duty during each night; and to ensure the puncfual attendance of men thus appointed, a chance list will be in attendance at each station house, so, that in the absence of any regular member, one of the chance men is placed on duty to fill the vacancy for that night, receiving the pay for such service, which 1s deducted from the regular policeman. The day police will consist of fifty men, dis. tributed in the several wards, as occasion may require; in addition to which, the mayor will appoint 100 marshals, to attend the police offices, and other courts, who will receive a small salary, together with such fees accruing from such court as was heretofore prescribed by law. A superin- tendent will be appointed, whose duty it will be to oversee the whole department, under the direction of the mayor. The above are the main features of the bill, which, in all probability, will become a law. Thus saving the tax payers of this city two hundred thousand dollars annually less than the present system. And the property will probably be as well guarded, and possibly better, as each post allotted to a policeman will be filled nightly; but as it now stands, nearly halt the posts in many of the wards are left unpgptected, through sickness or want of industry, by those appointed to perform the duty. Tur Accgrrep Brr.—We gave notice yester- day, in a regular way, to Messrs. Greeley‘and McElrath, of our having accepted their bet rela- tive to the respective circulation of the two pa- pers, the Herald and the Tribune. We also ad- vise them now, that we have deposited two hundred dollars in the hands of Messrs. Persse & Brooks, No. 65 Nassau street, as the amount agreed upon on our part, to be determined by the issue of the investigation between the two establishments. We request our Fourierite con- temporary to place a similar amount in the same hands, or to select any other respectable house in which the two sums can be safely placed. Let us proceed at once in the investigation. Messrs. Greeley and McElrath, we wait for you tomove. The sooner the bet is decided, and the two orphan asylums receive the money, the more advantage it will be to those institutions at this inclement season of the year. A Locoroco Orator 1n Evrorg.—Some of the London journals republish a portion of the famous speech made by Judge Barton, of Phila- delphia, at the great locofoco meeting a few weeks since, in which he served up Queen Vic- toria and Albert, in very bad taste, to say the least of The indignation of the English journals is atural; forthe speech of Judge Barton was anything but creditable to him, to Philadelphia, or to the party to which he belong: We hope the report of that speech, which was pertectly correct, in spite of all attempts to im. pugn its accuracy; and the publication of it, will teach those violent speakers to be, hereafter, a little more temperate, and introduce better taste in their tirades, involving the character and re- putation of any person, whether high or low, or wherever they live. Opera Arratrs.—The controversy relative to the skill, taste, and talents of Madame Biscacci- anti, is just as warm as ever between the various eritics; and the question whether she is a great artist or not, seems to be as much undecided as ithas been on any former occasion. The critics of the two Couriers denounce her plumply and decidedly as a failure, and no artist. The critics of some of the other papers deny this sweeping decision, but admit that she has some faults, and has more talent and genius than she receives credit for, and has greater power than any other soprano attached to the troupe. She only wantsa little more cultivation. One thing is certain in this curious controversy ,and that is,that Madame Bis- caccianti has drawn fuller houses during the eve- nings she performed at the opera, than any other soprano or mezzo soprano of the troupe. If she has no talent, no genius, no taste, and is no ar- tist, there must be something about her very ori- ginal and curious, which brings forth the people and fills the house, as she appears to do on every occasion she sings. Fancy Baus ar tHe Orera.—Why don’t the managers endeavor to get up a few fancy balls at the Astor Place Opera House, on the off nights ofthe opera They would yield handsome con- tributions to the somewhat empty treasury of the troupe. It ia said that there have been subscrip- tions made among the subscribers, amounting to four thousand dollars, in private contributions, to pay off some of the back debts created by the company. We are afraid that this attempt to establish a permanent opera here, will fail, unless more economy is introduced. They have artists enough for three separate and independent troupes, and are paying three times over, when one troupe would be sufficient. There must be some change in this, or there will be a regular swamping of the whole concern. We again say, why don’t they get up some tancy balls ? Our Fonsiax Conresponnence.—We have ree TELEGRAPHIC INTELLIGENCE, ———— Malt Failures. Pgrerspura, Feb. 10, 1848. The Southern mail failed south of Wilming- ton. No news. Weather and Navigation. Crncrnnatrt, Jan. 10. The weather is fine, and the river in fair boat- ing order. THIRTIETH CONGRESS. FIRST SESSION. Senate. Wasuinaron, Feb. 10, 1848, The Senate convened at the usual hour, and after the transaction of the ordinary business, several memorials and petitions were presented, after which, a few reports from committees, of no general interest, were made.’ THANKS TO COL. DONIFHAN AND 1113 COMMAND, Mr. Hanvecan introduced « join: resolution of thanks toCol. Doniphan and the officers and men who served under himin the Chihuahua expedition. HONORS FOR THE BRAVE. Mr. Cass introduced a joint resolution authorising the issue of a silver medal of large size to officers of thearmy and one of smaller size to the soldiers of the regular force who have distinguished themselves in any of the battlesin Mexico. Also, honorary certificates on parch- ment, s board of officers to be appointed to examine the merits and report the names of those worthy of the pro- posed honors. In the case of an officer or private killed in battle, the medal shall be given to his family or near- est relatives. Referred and ordered printed. MAP OF THE OPERATIONS IN MEXICO, A mep of the operations in Mexico was presented and ordered printed. BARK WILLAMETTEE. A bill granting a register, to the bark Willamettee, ‘was passed. INCREASE OF THE MEDICAL STAFF OF THE ARMY. A bill increasing the medical staff of the army fora limited time, was passed. ‘THE TREN REGIMENT BILL. The ten regiment bill was then taken up. Mr. Unpenwoop spoke in opposition to the bill. He contended that the ground assumed by the administra- tion at the inception of the war was untenable; and the annexetion of Mexico wholly impracticable. The war ‘was involving the finances of the country in inextrica- ble difficulties, and the project which these difficulties had suggested, levying contributi+ns upon Mexico, wae wholly impracticable. No indemnity could be obtained from Mexico. He closed, by recommending the with- drawal of our troops, and holding « sufficient quantity of land to indemnify ourselves. Mr. Turney obtained the floor for to-morrow; and the Senate adjourned. House of Representatives. PETITION TO BRING THE WAR TO A CLOSE. Mr. Kina, of Mass.,moved thats u«morial from the Soolety of Friends, praying the speedy termination of the war, be received and printed. Mr. Coss, of Georgia, objected. If the memorial of the Society of Friends were received on that subject, it ‘would open the door for other memorials. Mr. Hencey, of Indian&, was also against receiving the memorial ; for they charge the members of the House with a want of due regard for peace. Theycharge a falsehood against one party, for itis against them the eharge is aimed, when they acouse them of desiring war The Society of Friends were wholly opposed to war. He admitted they were respectable, but they were notorious for their peculiarities. They say they take no part io politics. In this they are inconsistent, for they vote always for the federal candidate for President. Mr. Parraer, of Massachusetts, followed on the same side with Mr. King. He hada memorial on the same subject, but he could mot have it presented. The vote was taken on the printing of the memorial, and it was rejected—ayes 78, noes 83. THE WAR LOAN BILL, The war Joan bill was then taken up in committee. Mr) Mansu, of Vermont, addressed the House. He believed thet the annexation of Texas was the means of producing great evil to this country. Gentlemen of the North think so, and he was sure many of the Southern people and their representatives were beginning to en- tertain the same opinion. The great question now is, how peace shall be obtained? No peace could be honorable to the United States that was not honorable to Mexico. He had said over and over again that the United States owed Mexico compensation for the loss of Texas. Nothing could be gained by the annexation of the territories of California and New Mexico. Those territories were of no use to the United Strtes, either in a commercial or fimancial point of view. We could gain nothing by an- nexing them, and he would have nothing to do with them. He next took up the war, and the means proposed for sustaining it. The Secretary of the ‘Treasury propesed a tax on tea and coffes.— Others proposed to tax bank stock and real property. In his opinion the government could net suo_ ceed in imposing any of these taxes. In reference to the proposed increase of the army, he denounced the mode resorted to for raising troops—praised the educa- ted officers of the regular army and disparaged the vo- lunteers. What class, he asked, was to supply the new levees? Why, the momont the edict went forth, a set of cormorants would flock from the four quarters of the Union, or a set of coxcombs, having nothing to recom- mend them but impudence. He feared that our milita- ry seminaries would be destroyed by political corrup- tion; and in the event of an European war, our nava, discipline had become eo changed, that the oldest com. me would find himeelf displaced by a New York pi- Mr. Buown, of Missiesippi, spoke at considerable length in support of the bill. He took up the history of Mr. Slidell’s commission, and his correspondence with the Mexican authorities ; the positioa of General Taylor, and his movements with the army under his command previous to the breaking out of hostilities. He contend- ed that General Taylor was not sent to the Rio Grande, nor to Matamoras. The war was brought on by the act of General Taylor himself. But he (Brown) did not blame that general, as the course he hed pursued was probably justifiable under the circum- stances. The government had sustained the honor and the rights of the country, and exhibited great ability and statemanship iu the management of the war. — Whatever taxes might be imposed, whether direct or indirect, would receive his approbation. He, for one would pay his share willingly, to support the honor and interests of the country. The committee rose and the House adjourned. NEW YORK LEGISLATURE. Senate. Aunany, Feb. 10, 1848, GENERAL MANUFACTURING BILL. Mr. 8, H.P. Hatt reported a general manufacturing bill complete, with amendments. The report was made the special order for to-day. BANK 188UES, Mr. 8. H. P. Hats introduced a bill regulating the rues of incorporated banks. PRE-EMPTION RIGHTS. A Dill was passed, amending an act authorising sales of pre-emption right MORSE'S TELEGRAPH. fs A petition from Fox and Smith, was received against any legislation interfering with Morse’s telegraph. REFEREES IN RQUITY. Mr. Boxee offered a resolution, which was agreed to, that the Judiciary Committee inquire whether referees {a equity, to hear testimony, oan be appointed; andif so whether the power should not be given to the Supreme Court to make such appointments. GENERAL MANUFACTURING LAW, The Generel Manufacturing law was taken up, report, ed,and agreed to, aud the bill ordered to a third read. tng. The most important amendment to this bill was the Oriskany clause, which is to take effect only pro- vious to the payment of the entire capital of the com. pany. Gas LIGHT miLL. The general bill, to incorporate gas light companies, wes referred toa select committee to be reported com- plete. ned. Tora Assembly. CHARTER OF SARATOGA AND WASHINGTON RAILROAD, Mr. Puenix reported a bill to amend the obarter 0 the Saratoga and Washington railway. THM BROOKLYN ORPHAN ASYLUM, Mr. Ransom reported favorably on Senate bill relativ to the Orphan Arylum at Brooklyn. ‘THE BOARD OF SUFI 8. Mr. Cor reported against tho petition to equalize re- presentation In boards of supervirors. Report agreed to NRW YORK CITY IN WANT OF MONEY. ©. C. Bewepror reported in fayor of # bill to author- REMOVAL OF THE CAPITAL. Mr. Cmanxice introduced a bill to remove the capital to New York. Debate in committee going om, on the bill relative to the appointment of Commissioners of Deeds. DISTRICT SCHOOL LIBRARIANS. Mr. Pauyw reported @ bill against compensating Dis- trict School Librarians. Causes 1M EQUITY. Mr. Rayonn introduced a bill in relation to the re- ference of causes in equity. COMMISSIONERS OF DEEDS AND NOTARIES PUBLIC. Debate was continued on the bill providing for the ap- peintment of Commissioners of Deeds and Notaries Pab- lic. The question, om motion of Mr, Pruyn, to give the appointment of notaries to boards of supervisors, gave rise to further debate, which took a wide range, and the Dill was eventually sent to » select committee, with in” structions to provide for the election of Commissioners of Deeds in cities by the people; and of Notaries in towns also to be chosen by the people, the board of the town to act as auditors, to settle upon the number of no- taries. The sameoommittee took up the bill to provide forthe appointment of Commissioners of Deeds in the cities of Albany and Troy. ‘The bill was made general, so as to apply to all the cities; and was then passed in committee, giving the power of appointment to the Common Council, thus re; vereing their action on the previous bill, As this bil will be ready for s third reading before the other will be reported, it will probably pass, Markets. Cincinnati, February 10.—Flour—Transactions in flour were light, and we have only to notice sales of 300 bbls. at $4.85 for country brands. Wheat was dull.— Corn—Sales of about 1000 sacks were made, of handsome quality, at 5240. Barley was quiet at 45a 460. Hogs— Sales of 400 head were made at $2 62)4. There was no change in pork worth reporting. Bartimonr, Feb 10.—The sseamer’s news was duly re- ceived by telegraph to-day, and had a tendency to un- settle the market for breadstuffs, which seemed to show no animation whatever. Corn—The market was inac- bo and sales were only making to a limited extent. iskey continued dull, and we could hear of no sales worth reporting jons—The market was quite un- settled by the steamer’s news, consequently sales were very limited. Boston, Feb. 10.—Flour—Sales of 500 bbls, including Wertern brands, with some lots of Genesee, were made at $6 25 9 6 3734. Corn—Sales of 7000 bushels were made, including Western mixed, at 59a 6lo. Rye—Sales of 500 bushels were made at 8 Provisions exhibited no Freights were inactive The telegraphic news rought by the Sarah Sands produced no material effect upon the market to-da) —S Ocean Steam Navicarion.—The American steamship Washington having been repaired and refitted, will be taken to her dock next Mon- day, for the purpose of taking in her coal and otherwise preparing for the next voyage across the Atlantic; during which it is to be hoped old Boreas will be more lenient towards her, than he was onher last trip. She will leave here on the 20th instant. The steamship Southerner, as we have already mentioned, has commenced plying between this city and Charleston. Her partner, the fine steamship Northerner, will take her place in the line, and will leave here to-morrow afternoon, at four o’clock, for the same city. The spring business, so far as steamships are concerned, has fairly commenced. ‘Theatrical and Musical. Park Turatre.—The attendance last night at this house was quite full, and, as usual, the utmost delight was testified by all at the numerous, varied, and grace- fal feats performed by the numerous artists connected with the establishment. We have so frequently parti- oularised the various actors, and commended their dorpge, that it is for us to do more than re- iterate the assertion, that this troupe is unquestionably the best that have ever exhibited in New York. To- night, McFarland, the somerset turner,takes a benefit. He is great at his business, and has fully established bis right to be considered the best vaulter and gymnast in the Union. We trust he will have a good house; he puts forth a bill which includes all the good things which this company can do. Bowery Tueatne.—Last evening, the performances commenced with the drama of Asmodsus,” in which Miss Clarke, as Carlo, the little devil, sustained the char- acter well, as also Walcot in the part of Raphael. Next followed Rice’s laughable piece of the “ Virginia Mum- my,” in which he played the character of Ginger and during his representation cf the Mummy, he X the house in roars of laughter. Ind it would be dif- ficult to find hisequal in the personation of negro char- acter drama of “ Victorine” was well sustained throughout, particularly the parts of Victorine and Alexandre, a roué, by Miss Clarke and Mr. Walcot The entertainments clesed with the oo1 ofa “ Tompkins Blue,” in which Walcot, as A. Tompkins, Eeq, wos, a8 ususi, in every character he undertakes, very resnect- able "This evening, Massinger's tragedy of the Fatal Dowery.”” This will be a rich treat, as Mr. Marshall, an actor of great celebrity, and also a great favorite, will sustain the character of Romont, This piece will be fol- the drama of “ Asmodeus;”” and the grand bur’ lesque opera ot ‘ Otello” will conclude the amusements. Any one who has ever aren Rice in this character can- not the desire of witnessing his personation of Otello, as it is one of the most amusing, laughable bur- leeques we bave ever seen, and Rice the most genuine comedian, in his line, we would wish to Chatwam Turatar.—Mr. Brougham’s “ Living Pio- tures,or Physiographical Experiments,” was theopening piece here last evening—Mr. B. playing Bob Plastic to Sutherland’s Frank Vivian, (an artist.) and Taylor's Unele Gabriel In the course of the piece, the living por- traits of Charles lst, Franklin, Wellington, Napoleon, and Washington, were exhibited with humorous effect, but neither likeness, however, was “remarkable” for its fidell- ty or resemblance to the originals. The burlesque piece, “Metamora, or, The Last of the Pollywogs,” was again repeated. Wecan recognize new beauties, new points sm the piece, the oftener we see it presented, and it re- flects much credit upon the able talents of Mr. B the manner in which it is got out. Since its first produc- tion upon the boards of the Chatham theatre, all who have witnessed its performance have pronounced it ad- mirable in its line. Those who have not as yet seen this new piece, should avuil themselves of the present oppor- tunity. See the bills of the day. te fade 7 pet ery a week of been ly concluded; and, from the appearance think they will rux through the whole fifty- the most admira- in Ethiopean si ing. hing but their intrinsic merit could ha brought down such perfect avalanche of success, fame, and cash to beot, on them. Broavway Opron.—The Model Artists and comic singicg, Grecian exercises, kc, at this house are quite popular. Visiters to the saloon find it quite convenient to pass on to the Odeon, and pass a couple of hours in viewing the exhibitions there. Patmo’s Orxna Housr.—The troupe of Model Artista at this place performed last evening for the benefit of M. Theirs, the manager. The house was tolerably well at- tended and the tableaux went off handsomely. They give no less than twenty different groups in the course of the evening, and the symmetry and grace of the artists is of the first order. Bauserti’s Movet oF Ancient Ji Lem bids fair to become the great attraction ofthe town. It is an ex- hibition of a kind that will interest every one, and all who visit it may be certain of being both Tostructed ead amused. Srivetro’s Leaxnen Binps, at the Society Library, are astonishing every body. It is really surprising to see the intelligence shown by these tiny performers. It is deci- dedly « most pleasing and innocent exhibition. Doumaceton’s Etnioriun Trovre have performed for the last two evenings in Newark to crowded houres, This is just as we promised, knowing the splendid abili- tios of this unrivalled band. They open in Boston, at the Melodeon, on Monday next. Misa Julia Tarnball and Mr. G. W. Smith conoluded a Very successful engagement at Baltimore on Saturday evening, and are now playing at the Adelphi theatre, Washi ngton. The Seguin tr: it Providence. Miss Wemyrs Dean commenced an engagement at the Walnu Mr, G. Vandenhoff is playing at the Richmond ¢ tre The Opera troupe of Antor place, ‘to open at Phila- delphia on Monday evening next. MAILS FOR HUROPS. THE WEEKLY HERALD. wi two of the qt ‘They are certain! bis 7] t ever joined voices The Weekly Herald for Europe will be ready at ten o’clock this morning; and the mail for the Acadia, whieh will leave Boston to-morrow, wil! close at three o’clock this afternoon, at the post office. * This edition of the Herald for the steamships, will, like all its predecessors, contain a full sum- mary of American intelligence of all kinds, po- litical, financial and miscellaneous, since the sailing of the last steamship; and will be the best medium of conveying interesting news on this side of the water to Buropean readers. It will also contain a summary of the latest news, in the French langnage. The Weekly Herald will be rendy to-morrow morning, and will contain the late English news, world, AN As OG ae 0% Vor loval matter, wee fourth page. ceived several interesting letters from corre; spondente in Burope, which we shall give at an wariy dey, ino the Corporation of New York to raies money. ‘THE INCORPORATION OF AUAUAR As 4 OITY. EDIOT wise voported in favor Of & dill te Logon. porate the olty of Anturn. the latest intelligence from the seat of war and from Washington, Rnglish sed Amerioan mars kets and every ether opeeiee af information Price of each, 04 gente,