Newspaper of The New York Herald, February 11, 1848, Page 1

Newspaper of The New York Herald dated February 11, 1848 Page 1
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1 ?.r ? !! J! B.L? th: WboJ* ?, 5007. ARRIVAL OF THK . PACKET SHIP 1SAAQ WRIGHT, AMD STEAM SHIP SARAH SANDS. ONE WEEK LATER FROM EUROPE. INTERESTING COMMERCIAL INTELLIGENCE. Fluctuations in the Cotton and Grain Markets* Financial Affairs. SEVERAL MORE FAILURES. 4c. lie. &c. Two packets arrived yesterday morning, with later intelligence from Europe. The magnificent packet ship Isaac Wright, commaadgd by that extraordinary skipper of the sea?, Captain D. G. Bailey, came in first. She sailed from Liveroool on the 19th lilt. We nnh. lished a part of her news in a second edition of yesterday morning's Herald. Soon after that edition was issued, the marine telegraph announced the arrival of the fine auxiliary screw steamship Sarah Sands, commanded by the gentlemanly and experienced Cap ain W. C. Thompson. She sailed from Liverpool on the 2'2d ult. She has lately had very extensive improvements made in her machinery, by which an increased power and a higher rate of speed have been obtained. She has auxiliary steam power only, and yet she has made the passage in less than nineteen days. The news received by these packets is one week later than that brought by the Acadia. The steamship Hibernia, from New York, had arrived at Liverpool. The gold was accumulating in the Bank of England. The Queen of Spain is in excellent health. Portugal is quiet, but the British ambassador 1 disapproves of the mode of constituting the Cortes. The health of Louis Philippe is good. Abd-el Kader is still a prisoner in France. Italy is uneasy. Switzerland was resting a little, after her recent agitation. The accounts from Ireland are somewhat bet. ter. Though part of the food sent there last year, consisting of rice, Indian corn, meal, &c., is now be<ng returned to England, in many parts the people are represented to be in a state of destitution. There have been some seizures of firearms, pikes, and powder, in Tipperary; several convictions for murder; and the Lord Lieutenant, in addition to the proclamations which he has issusd, has been delivering Borne sensible pott prandia remarks. The cotton and grain markets had fluctuated somewhat. See the reports. The mill owners of Manchester and the vicinity were talking about the necessity of their again resorting to Bhort time, in consequence of the hierh pries of rhe raw material, and the continued 1 depression 01 meir iraae. It was expected in London that the Bank of England would determine on a further reduction in its rate of discount, but no alteration was announced on tha separation of the directors, on the 20th ult. The Augsburg Gazette, of the 16th ult., states that the latest accounts from Rome represent Lord Minto and Mr. Abercromby to be actively engaged in favoring and exciting the Italian clubs. Arms were being received from Malta, with, it is insinuated, the connivance of British consuls. Additional failures had taken place at Frankfort. Our correspondent in London sends us the following intelligence relative to the arrival of specie at that port lrom Russia: ? Losnoit, January 31, IMS. There is a report on 'ohange that the gold plaeed In the bank, within a few days, from Russia, is to be presented to Mr. Barrows, a New York merohant. It is said that in 1631, during the Polish war, the emperor had aship-of-war in New York, and when it was impossible to get her to eaa, for want of means, Mr. Barrows, to protcot the emperor's interests, stepped forward, mortgaged all his property, and sent the ship to the Csar. It is stated that this was done by Mr Burrows without compensation. and that he was left without receiving hie advances for a long time. H)e suffered considerably in his budnese during this time, but was sustained by the Messrs. Barings Brothers & Co It is now said that the emperor, %ev!og overlooked this matter tor seventeen years, is now about to show that be never forgets suoh oonduot towards his person'and his oonntry. The failures of M. A. Baert, and of Messrs .Heidelberg, merchants, of Frankfort, dealing largely in Hritish manufactures, will be severely felt in the manufacturing districts of Lancashire and Yorkshire. The liabilities of M. N. Maynz, who failed at the same time, are estimated at only 100,00(1 thalers. The state of the affairs of M. Bfpkmer, drug merchant, was not knows. The spirit of insubordination which so long pervaded the south and west of Ireland has lately, it seems, manifested itself in the hitherto peaceable county of Wicklow. The army in Ireland is aliout being augmented. Several people have already died of starvation in the ill-fated county of Mayo, which is, perhaps, the poorest in the province of Connnught. It is said that the French government intend haviug a medal struck to commemorate the snrrender of Abd-el-Kad er. The French government has decided that a small pyramid snail be erected on the spot where the interview between Abd-el-Kader and the Duke d'Aumale took place, to perpetuate the memory of that event. The hand-loom weavers of Wigan are reduced toe real poverty, consequent upon the. nre. IHsnt stagnation in trade. The Northern Italians are becoming excessively impatient of the government, and even the influence of Austria. Fresh outbreaks have also taken place at Pisa and Genoa. The number of steamers that entered the port of Hamburgh in 1843, was 332, in 1845 it was onlv 295, and in 1817 the number had increased to 410. According to the Timrt, the astronomers of Pulkova have ascertained the existence of a third atellite of the planet I'ranus. It is reported that the German Confederation have adopted the same view of the Swiss question as that taken by Lord Palmerston, and have declared positively against intervention. V paragraph has been added, in the French Chamber of Peers, to the answer to the speech from the crown, expressing approbation of the Pope's reforms. M. tfuizot consented to it very reluctantly. Our accounts from Madrid of the 7th Jan , state that General Espartero arrived early in the morning of that day, and ti ns avoided the demonstration prepared to greet his return. The people, however, on hearing of his arrival, repaired to his residence, ano rent the air with deafening cries. "Three time S," says our letter, "the multitude have already burst into the house, determined to see their idol. They rushed to his presence, they lifted him from tht ground, fell at his feet, and hundreds of these wild looking fellows wept and sobbad ike children. Espartere cried like a WMua." ~w ^1 E NE NE Letters i'rom Paris announce the failure of M. Michel Bass, a banker. From Havre, also, we have the failure st Messrs. Delaunay & Co., a highly respectable firm in the American trade, whose liabilities are stated at j?80,000. At the Paris Bourse there appears to have been almost a panic, without the precise reason being known. ?London Timet. The civil tribune cf the Seine have ordered thatMdlle. l)e Luzzi Despartes shall receive the legacy of 3,000 francs a year, left her by the will of the Duke de Praslin; and also 4,000 francs which she had deposited with the Duke, and "a great variety of other articles which she claimed. Letters from llomeof the 10th ult , announce that the pontifical cabinet was composed as follows:?Cardinal Ferretti, President of the Council and Minister for Foreign Affairs; Monsignor Amici, Minister of the Interior; Cardinal Mezzofanti, of Public Instruction; Monsignor Roberti, of Justice; Monsignor Morichiui, of Finance: Cardinal Riario, of Commerce, Agriculture, ana Fine Arts; Cardinal Ma-simo, of Public Works; Monsignor liuscoin, of War; Monsignor Savelli, of Police. According to the almanac for 1843, published by the acaaemy of St. Petersburg, Russia in Europe contains a surface of 90,117 square miles, with a population of 54,092,000 individual?; the kingdom of Poland an extent of ?S'2n aminro miles, with 4,850,000 inhabitants, and the grand Duchy of Finland, 6844 square milea, with 1,547,702 inhabitants. The Swiss Diet has voted a sword of honor and a grant of 40,000 Swiss francs to General Dufour, Tqr his conduct in the recent campaign against the Sonderbund. Treviso is in full insurrection, and Bergamo and Brescia greatly agitated. Dr. Locock, the Queen's accoucher, is the medical man who has returned his professional income at ?30,000 a year lor taxation. Dr. Locock expects a baronetcy after his next attendance for an interesting event at the palace. The death of the author [of the "Curiosities of Literature," the father of Mr. Benjamin D'lstaeli, has been announced. The Monastery of St. Bernard, which has been known for centuries to all Europe, by the piety, courage, and benevolence of its hardy inmates, has not escaped the ravages and plunder of the radical party in Switzerland?between which kingdom and the Sardinian dominions it is situated. Although its inmates belonged to a religious order against which no political accusation had ever been preferred, by a decree of the 2d of December it was deprived of its ecclesiastical patronage, and sentenced to pay a tine of five thousand pounds sterling. In vain the monks declared that the exaction of such a sum would be their ruin, and that it would put an end to the hospitality which their house exercised for 850 years; the federal diet was inexorable, and on the 18th of December, at two o'clock in the morning, certain federal commissaries and a body ot armed soldiers entered the monastery, and taking an iuventory of all the goods and chattels which it contained, established a military garrison within its ancient walls. Against this act ol aggression the monks have entered a solemn protest, but what effect that is likely to produce on the public of Europe remains yet to he ascertained. Commercial Crisis in Germany.?There is a commercial crisis at the present moment in Germany, though on a comparatively small scale.? The recent failures at Frankfort have caused considerable losses to some Vienna houses, in one case attended with lamentable results, the principle partner of a respectable firm (one of the sufferers) having put an end to his existence by cutting his throat. Tne detection of a traud, which rumor greatly exaggerated at first, has also been discovered at Vienna, the proprietor of a large leather manufactory having torged bills 10 a targe amount, i n* toss, nowevcr, does not exceed ?5,000, and falls chiefly on the bank.? The stoppage of the firm of Haber & Co., at Carlaruhe, though but momentary, has added to the panic, and there is a visible tall in the funds on the different German exchanges. A letter from Carlsr^he, of the 8th, announces that the representatives of the firms of Euliogen and Waghauseler waited on that day on the Minister of f inance of the Grand Duchy, who assured them that the government would take measures to enable them to continue operations. No less than three German papere attribute the suspension of Messrs. Haber to alleged machinations on the part ot the Rothschilds ; and the Frankfort branch of this latter firm has thought fit to publish a denial ot the assertion. The assertion originated in a Baden journal. Messrs. Rothschild, of Frankfort, deny that Haber ever opened a credit account with thein, and consequently it was impossible they could have closed it.?l*ondon Chronicle. Stowage or the French Mail Packet Service between Havre de Grace and New York. ?Yesterday, information was received at the General Post Offic, St. Martin's-le-Grand,from the Director-General of the French poBt office, that it had been found temporarily necessary to suspend the packet service recently established between Havre and New York. Notice was given that no letters, &c., will, therefore, be transmitted from this country for despatch by this line of packet until further notice. The Iron Trade.?Birmingham, January 20.?Rumors of another embarrassment in the iron trade have been current to-day, The " Factory Works" at Tipton are those now referred to; and the ditliculties into which the partners have fallen have arisen from the expenditure of many thousands of pounds, in extending the works, and the occurrence of the present disastrous timeB so soon as these were completed. There are one or two otherfailures announced in the district, connected with the iron trade, but these are not important. Revenues krom indirect Taxation in France. ?The Moniteur publishes the comparative state of the indirect revenues for the year 18-47, with those of 1845 and 1846. It results, from these returns, that there is a general decrease on the indirect revenues of 1847, amounting to 2,848,000 francs, compared with 1846. The increase ol the sundry branches of the revenue amounts to 23,763,000 francs, and the decrease to 28,411,000 francs. The augmentations are divided as follows :? Knrngtstartng' stamps, and mortgage.. . .lo.oooo.ooft. Colonial sugar 4.412,000 Duty upon salt 4,057,000 Duty upon tha refining of sugar ft 004,000 Produce of the sale of tobaooo 1,615 000 The decrease af produce falls upon the following items:? Duty on oornonstoms. ?971,000fr. Sundry wares 12 Customs duty, export 4 021,OPS Navigation duty 71 Duty on liquors 1,100 000 Sundry duti-s 1 330.060 Produce of the rost oflloe 900 000 Affairs of the River Plate.?The simultaneous departure for Kio of a war-steamer from France, with the Prince de Joinville on board, and of an Fnglish vessel of the same class, the Hydra, from Plymouth, looks as if the two governments, Anglo-Franco, were really determined to pui an enato tha petty warfare in the river Plate, where things have become more complir.afP.H than pvpp irnm th? Fr?r?r?li PAmn?A#ln?. having taken possession of several vessels under the Brazilian and other flags, which had discharged their cargoes in the Argentine ports, without having first called and paid toll at Monte Video. In consequence of this measure, Rosas has interdicted the landing of any foreign goods, produce, or merchandize, in the ports under his jurisdiction, coming trorn Monte Video. The trade on the river is, therefore, in a most disorganised and dilapidated state. Our merchants, shi|H>wners, and manufacturers interested in the commercial transactions with the states situated within the river and its tributaries, are, ot course, anxious to avail themselves of every opportunity of corresponding with their agents and iriends at both Buenos Ayres and Monte Video, and even with the Brazils, through which channel the most recent advices from tne Rivef Plate are received. It is, accordingly, to be regretted that our admiralty had nor made some notification or communication through the post office, of the intended departure of the Hydra for Rio de Janeiro, and allowed letters or a mail to be taken out by her, more particularly when the present tardy and obsolete manner of conveying the post-office mails by admiralty sailing boats is isken mio due consideration. "Tney manage these things better in France." The intended departure of a steamer with the Prince de Joinville hss for some time been announced to the mercantile interest in thaicountry.who will consequently be enabled to avail themselves ot the opportunity to transmit their correspondence to Rio and the adjacent places. It is, indeed, Imore than probable that many ot oar English houses will profit of the means afforded them of tending thair letters, lis , by % Frsneh vtital! Tht Aatalops stsnatr, from Livtrpotl ts Rio, W YO 1W YORK, FRIDAY MOR arrived out in 31 days, with letters from this country of 23 days later date than those sent by t le Express packet!?London A'cujs, Jan. 1. Oar Halation* with Mexico, fKmni the London Chronicle ] The fhto or unhappy Mexloo still hang* in the balance. If peace oould be obtained, even now. on any thing like equitable condition the Mexican people mlgnt, perhaps, Set turn to valuable account tb* severe leaeons they ave received. If the disgrace which they have incurred. and the mieeries whioh they now endure, did bnt lead the more intelligent and patriotio among them to inquire into the real cause* of the weakneae whioh hu left them at the mercy ot a rapacious foe, there might be a hope that when psaoe was restored their leading men would applv the mselves to find a remedy for a national debility whioh is almost unexampled in history. The causes of so extraordinary a paralysis of all that oonstitutes the strength or oontrlbutes to the defence of a people, must be to a great extent exceptional The absenoe of all eifeotlve oo-operatlon for national defence among the several States?as well es between the various classes of society, must mainly be attributed to the degree to which party dissension* and personal rivalries inflamed the minda of all who engaged in the struggles for power which ensued after the separation of the colonise from the parent State The frightful oonssquenoee of auoh an anarchloal condition of society have now been brought home to the experience of all The oourse whioh publlo opinion in the United States will take, as regard* the oontlnuance of the war, depsnd* on a variety of contingencies, of which it is impossible to corj-otcre the result. The prida and passions of the people are enlisted in favor of the war, and of oouree no nains will ha unarm! hv tha landers of the de mooratio party to exasperate those prejudices as muoh as possible. On the other hand, some of the most emlnen' men in the States have opposed, in the most earnest and dignified manner, the eontinuanoe of the war on any pretext whatsoever ; and the whig party generally seem disposed to give them as hearty a support as is consistent with their wish not to damage the ohances of the whig candidate for the presidency. The balance 1s pretty nearly equal. Should the monetary pressure which has commenced in New York grow muoh more severe, or last for any length of time, it will in all probability decide the question in favor of peace. Even with the prospeot of working, f.r the benefit of the Washington treasury, the sil ver mines of /acateoas, whioh 4000 men have been or were about to be despatched to seize, ws apprehend that both the actual losses Incurred by the war, and the derangement of the financial operations of the country, which it threatens to produoe. will prove too much for Jonathan's patience, supposing him hampered at the some time with the comfortable consequences of a crisis of that violence and intensity which are inseparable from a commercial crash in such a go -ahead oountry. The fallacy of the hope that the war can be made to pay its own expenses, will be demonstrated speedily enough. And that lllueion onoe dispelled, common senae may be expeoted to regain its asceadenoy in the American councils. The Indisposition to pay new taxes is sometimes muoh more powerful in those who are lightly than in those who are heavily taxed We fanoy it will prove so with Jonathan. He will estimate the demand for new supplies "with rsferenoe not to what he oould afford, bnt to what he has been in the habit of paying And ihe proposal to double or treble the amount which they already pay for state purposes?and a less addition would not defray the oharge of Mr. Polk's magnificent designs?will, once it is brought taDgtbly before them, soon oure the American people of that warlike mania whioh, after all, it will perhaps prove beneficial in the end that they have ha t an opportunity of indulging with comparatively so little iojury to the prospects of humanity, or detriment to the peace of the world generally. The Progress of Morality In Buvsils Petticoat Government aiitl Lola Monies. A letter from Munich, in the Patri?, says,?It appears that Lola Montes is increasing in favoratthe oourt of Bavaria. The Qaeen has conferred on her the order of fit. Theresa,calls her "My dear Countess," and admits her into her intimaoy. The ladies of the court, of course, feel it their duty to caress tne favorite, and, in fact, she has all the world at her feet The style of laxury in which she lives passes all bounds, nothing equal to it having ever been seen at Munich, even in the royal palaoea. The whole of her sleeping chamber, even the wells and ceiling, is hung with guipure,i ined with rosecolored satis The mantle-piece is of Sevres porcelain, painted bv the first artists The furniture is of the time of Louis XV , enriched with gold end silver. A description of her dining room would exceed those in the Arabian Nights' Entertainments, and ws shall content our selves with stating, that the service is of massive gold, bearing the arms and coronet or the oountcss. To this is joined a revenue of ISO.OOOf, whioh is attached to her title, and of whioh nothing can deprive her. [From Fraaer's Megaaion of January ] As a politioal character, Lola Montes holds an important position in Bayria, besides having agents and correspondents in various courts of F.urope. The king generally visits her in the morning, from eleven to twelve, or one o'olook; sometimes she is summoned to the paiaoe to consult with him or with the ministers, on state affairs. It is probable, that daring her hablta of intimacy witb some of the prinolpai politioal writers in Paris, she acquired tbat knowledge or politios and losight into maucnavres of diplomatists and statesmen which she now tun s to advantage in her sphere of action. On foreign poiitica she stems to have very olear ideas; and her novel and powerful mode of expressing them, has a graat charm for the king, who has himself a oomprehenslve mind. On the internal politics of Bavaria , he has the good sense not to rely upon her own judgment, but to consult those whose studies and occupations qualify them to afford information For the rest, she is ires ted by the political men of the country as a substantive power; and, however much they may seoratly rebel agslnst her influence, they at least find it good policy to aoknowledge it. The last ohsuge of ministry, which placed Prince Wallenstain as foreign minister at the head of affairs, and Mr. Berx as minlstsr of the interior, was hsr act. Whatever indiscretlous she may in oihar respects commit, she always keeps secrete; and oan, therefore, be consulted, in perfeot safety, in case* where hsr original habits of thought render her of invaluable service. Acting under advice, which entirely acoords witb the king'a own general prinoiplea, hia insjesty has pledged himself to a oonrse of ateady bnt gradual improvement, whioh is calculated to increase both the politioal freedom and the material prosperity of his kingdom, without risking that unity of power, which, in the present state of F.nropean affairs, is essential to its protection and advancement. One thing in her praise is, that though sh* really wields so mush power, he never use* it either for the promotion of unworthy persons, or, as other favorites have done, for corrupt purposes. During her early oareer, long before her influenoe or her position became consolidated, the most enormous and tempting offers were made to her to quit the oonntry, and leave the field open to the displaced party. These were rejeoted with disdain; aad there is good reason to believe that politioal feeling influences her, not sordid considerations Her creation as Conntess of Landefeldt, whioh has alienated from her some of her most honest liberal supporters, who wished her still to continue, in rank as well as in purposes, one of the people, while it has exasperated against her the powerless, because impoverished nobility?was the unsolicited act of the king, legally effected with thu consent of the orown prlnoe. Without entrenebing too far upon a delicate subjeot, it may be added, that she is not regarded with contempt or detestation by either the mal* or female members ot the royal family. She Is regarded by them rather as a politioal personage, than as the king's favorite. Her title of oountess is acoompanled by an estate of the name, with oertatn feudal prlvilegss and rights over asms two thousand souls, who llnd no reason to oomplain of the change. Her lnootne. Including a reoent addition from the king of twenty thoneand florins per annum, is seventy thousand florins, or little mora than ?5,000 In addition to this, she has private property of her own, in the Kngliah or French funds, h great portion of which constats in shares in, we believe, tbe Falais Royal at Taris. left her by Dujarrier in bis will, made on the day he went out to tight the duel whioh ooat him his life. [From the Gazette de Coiogae, Dec. 'JO J 8he (Lola Montes.) gives invitations topaitiee offlrem twelve to flftem stud-mts to her dinners She afterwaids obtains them free admission to the theatre ; shs frequents the taverns used by them, dressed in male attire, pave for M much beer and punch as they oan drink (God hanhont and sugar-ptums into their mouth* before all the company, and "blows them klaae*'' across the table ' Lately ahe wae the alleged cause of one duel and aereral squabbles between certain pretandera to her favor. She baa aaeerted that the taverns aball oontlnue open until one o'clock in the mernlng. and on this occasion threatened the director of police to have him dismissed. >iay heaven preserve ua ever from a Lola Mon tea ' Kail jr. The I'aria Commerce uud must ot the other liberal prints have the following from Turin, of the 14th :? " The sanguinary struggle which took place at Pavla on the 8th between the troops and the students of the University, wes rsnewsd with more gravity the next day. Ten persons ware killed, and forty wounded, the greater part being soldiers. The University was closed, and a great part of the student* took refuse on ths Swiss and I'lelmoutete territories \ funeral mass w is celebrated this morning In the ohurch of the Oran Madre di Dlo ot thi* oapttal, for the person* massacred In the streets of Milan The population was present en mine at this cad ceremony Tbeperso-ig composing the different classes of society have assembled in several places and signed address#a to the King, offering tbelr property and their persona for the detunes of the oouotry The hen dltary rrlnoe of Parma arrived a few d*ys ago nt Turin He left yesterday evening for Parma, after having hid an interview with the King He left his wife here. The Duke Charles Ludovio nae nominated his son oommaoder in-chief of the troops ot Parma and Tlacent la, and ha* dismissed the Austrian Minister Horn belles." A letter from Turin, of Juuiiary 13, published by the 1'rrste, says: ? ' The uew Duke of T rma, the Duke of Modens, and the Emperor of Austria, have just, drawn tighter the bonds which already united them, by a tieaty at Modei na aihw days back Having had the text ot the treaty baf> re me lot only a moment, It was Impossible to oopy It, but the pri' oipsl conditions srr?Klret, an offensive and defensive alliance between the three Atat*e; second, a cos oms unloo.ooc eluded on ths basis of the /oleverein. It la use lee* to apeak of the importance of such a treaty, which, evidently, alma at striking with Impniaeance the famous Lega Italian* It remains to seen if tbe agitation so powerfntly organised throughout Italy will not succeed In oveteomlng the obstinacy of ths sovereign* la Ifftl M all rafbraa. Meonwhlle, fighting Is going on at - t;.. -> - ?RK E NING, FEBRUARY 11, 1& The Latest Kuropeau Commercial Reviews. [Krom the Liverpool Journal, Jen. 33.] There bee been lees buoyancy In the coiamerniel world this week, owing probably to the news from America and the oontlnent; but there Is no reason to regard the dullness otherwise than temporary. The Paris money market has been seriously affected by reports of the klDg'e health, but the alarm has subelded. Our own coney market has experienced slight fl actuations On Thursday, ooneols for account closed at 87 J, a and yesterday at 87','. The London share market yesterday was rather better; London and North Western. 1.V1 a 154; Midlands, 11 1 a 116; Great Western, 103; North Stafford, 10?,' a 10*. The Morning Chronic It gives the following statement of bank issues weekly during the past month : ? Bank of Kngland (Including post bills) ?18 789.415 Private binks, Kngland 3.528 273 Joint-stock banks, Kngland 3,410,333 Banks In Ireland 6.196,116 Banks in Sootland 3 341,317 Average wiAkly circulation of all the banks In the United Kingdom during the past month ?33 366,343 Oa comparing the above with the returns for the preceding month, we find a nst deorease in the circulation, as compared with the amount at the 4th Deoember last, Of ?2,215 600. And an oompared with the corresponding period of last year, viz . the 3d January, 1847, the returns show that there has been a net deorease of ?6 331.503 in the amount of notes in circulation in the United Kingdom during the past year. The average weekly amounts of gold and silver coin and bullion held by the banks whioh are required to make returns of speoie on hand during the past month ending the 1st Instant, have been as follows: ? Bank of England, average amount of speoie, ?13.014,593 Banks in Ireland, ditto 1 618 760 Banks in Scotland, ditto 1,108,047 Average weekly amount of speoie held, ?14,741,389 The ohangss in the amounts of speoie held, on a oomI pari eon with corresponding periods of last month and I last year, are as follows Increase on Decrease on Decrease on I ~ the month. the mantk. the year. 1 Bank of England ?1,8111.327 ? ?1,0*9 018 I Banks in Ireland 27,990 ? 989 557 . Bauks in Scotland. ... ? ?75.381 276,310 Totals jtl.S32.3l7 25,381 4,334 610 Showing a net increase In the amount of bullion held during the month of jCI.S0ti0.73, and a decrease of { X4,.734,010 as compared with the corresponding period I of last year. These returns are exoeedtng interesting at this period, and throw much light on the working of the bank aot, and on the value of the different opinions offered on the subject of the fluctuation in the currency by the wit- J nesses examined before the committees of the House of Commons on former ooeasions. Messrs: Htltt Brothers, in their annual iron circular, i just printed, say '' The year 1847 has been a remarkaj ble period in the annals of commeroe, and has left im| presslons behind it whioh will not be easily erased. It 1 oommencd with fair promise of sueoess to the meroanI tile community, and of comfortable employment for the ! operative olassea, but has disappointed the expectations ot both, and been attended with an intensify and prolongation of suffering suoh as has never before been experienced. The metal trade was not so early, nor has it been so seriously affected by these oauses as the other branches of industry, and throughout the year prio s have been steady, and In general remunerative to the parties engaged in it. In oousequenoe of the immense demand for railway purposes, and comparatively high i price whioh has prevailed for some years, the production { has fallen short of the requirements, and stooks, both at I home and abroad, have been reduoed to a very low point; I for it is well to observe, that the very great demand for I labor in all departments prevented, fortunately, the increase of the make to any great extent. Owing, bow| ever, to the inability of the railway companies to proi ceed with their works, and to the interruption to both | home and foreign trade by tbe derangement of monetary : affairs, the prosperity of the iron trade reoeired a severe i check towards the close of the year, and prices have declined considerably in oonsequenee. We willprooeed to refer to tbe various branches more particularly, and give suoh information as can be relied upon, which will, we think, be useful in forming an opinion as to the future. " Manufactured iron was in extensive demand until very reoently. and prices have been remarkably steady throughout the year. Rails were purchased largely, both for home consumption and export, and occnplod I many of tbe works, almost to the exolusion of other de1 eeriptionsof iron. The demand, however, fell off very I m hnn? nntnha* and the nrlca whioh. at the besio- I ; ning of the year was ?9 10s per ton,has declined to ?7 lOe > per ton. Bare hare commanded an equal price, from the ! limited production, but have declined In like proportion, i Staffordahire bare, hoop, and sheets bare been In aotire | demand, n"d prices were (irmly supported; but that i dlstriet bas also at last been alfeoted by the depression, i and at tha quarterly meeting of the trade, held yestcrday, *t Birmingham, a reduotiow of 40s per ton from tbebigbeatprioesof last quarter day was agreed upon | In eonsequenoe of a strike of the workmen against a re i duotlon of their wegea, little Iron hea been made for i some time In Staffordshire and Sbropeblre (72 furnaces I out of 164 ars said to be out of blast); and should this | continue much longer, the deficiency of anpply may pre; rent tbls decline from being generally submitted to, and | at present few parties will ssll subject to it. , '-Our eiporta to the United States bare Increased very much during the paat year, especially In the finer deicrlptions of Iron, affording a gratifying proof of the advantage derived from freeing trade from hurtful restrictions. The ehlpments.from Wales direot to the States, have also been muoh in advanoe of any former year. To India our exports have again been light; as the stooks are now very low, we may expeot considerable shipments i to be mede there, so soon ea an active business can be resumed with that oountry, but whloh la very muoh lnterI rupted at present by the numerous failures which havs I taken place. " Hootch pig iron hat now become an important artlole in the metal trade, the make having increased within a few years, tinoe the introduction of the hot blast, from t about 40.000 to upwards of 600,000 tons per annum. The following table of the exports, stocks, end production, during recent years, hat been computed from the most authentic sources : ? Comparative View or Eipobti, Hrccas, a*d Prodi ctiov. Roportt. 11(7. 1846. 1845. ! Fiance 2I.I1J6 15,567 10,*71 Jersey 95 ?,R 130 Holland 21,9(2 30,091 (,0bJ Belgium 376 505 ? Germany 28 619 II,167 3,741 i Denmark, Sweden fc Norway. 3,CO 2,(80 621 | Russia 961 ? 20 Austria 1,158 386 183 I Turkey and Egypt 031 2on 663 i Italy 5,108 5,095 1,793 t Spain 1.781 2,701 212 ; Portugal 281 (36 198 I Mouth America 1,3(1 . 538 260 i West Iudids 2?6 170 100 N. 8. Wales aud India 1,(51 (07 73( British- America 6,227 7,307 5.391 United States ((,693 13 918 25,915 China 175 ? ? 1(3 (60 119.100 54.671 Coastwise 227.M5 257,151 lotal exports 370,(63 376,931 Of which to Mew York 22,005 9,7-7 " Boston 14,195 1.197 " Philadelphia 1,121 205 Stock ard Probvctior. Slock. Production. Tom. Tont. December 31.11(5 220 COO (00.C01 1811. 1(4,900 320,000 " 1817 90 / 00 645,COO Slock Tom. | Stock ou hand, 2lat December, 1816 1(4.300 Stack this date, iu Store* and Makers' hands 90,000 Decrease 51,3(9 1845. 1846. 1847. | Furnaces In blast, diet Deo 87 ?8 99 |ruruw?vut*ui uiini, >>IBV ueu ?< Total erected 112 122 131 And ftur new one* nearly ready. Toni | Computed make In 1M7 itoooo , Add stock 31st December. 1848 144 300 (594,30(1 | F xportsasabsv* 370,403 Stock tbia data 00,000 Leaving for malleable iron and foundry I consumption, Fee., In 1(547 213 83.i 014 3(H) " Th* prices in the early part of the year were 7.u to i 77a. 3d. per ton ; (and it is well to remember that the quotations for Bcotoh pig iron are for mixed number*, ordinary brand*, and for net oaah payment, free on board at Glasgow ;) but under the influence of the pree*ure in the money market, causing foroed ealee of epeou latlve parcels, the prioe continued, with little interruption, to decline throughout the year, until it reached the present figure, wblohIs lower then at any period elnoe January, 1844. Whilst the make ha* not materially increased, the atook has declined about Oi 000 ton*, b >tb of which mainly result from a lengthened strike of th* workmen, and the alteration of the gauge of the mineral railway*. No anoh causes of interruption are likely te ooour this year, and a make of (500,000 tons may, we think, be thirty counted upon ; for although the r re sent low and unreenuneratlve prices will obeok an extension of works, it will stimulate in present circumstances the production of the work* already in operation The exports to foreign ports In 1847 exoeed those of 1816 by 24 860 tons; while coastwise they have decrease ! 30 846 tons; mahlng n doertaa* of total shipments in 1847, as compartd with 1M0, of 6,431 tons The United Stat** hare been of great support to us, having taken a large quantity la excess of former years. Europe took )?**, although th* prioe was so muoh lower than 1846 Owing > to tbe extension of malleahl* Iron works In Scotland, i and tbe Immense demand tor oastlngs for railway pur- I poses, the homo ooneuap Ion baa until recently been very largo, probably not less than 6DOO tons per week A sudden and serious check has. however, been exp< rtenrsd, and wo estimate that about 3006 tone per week I*** pig Iron Is bow consuming in 8or<tland alone, than th*r* was In the early part of last year; and in England th* falling off has been also very serl'us, amounting probably to over JOltO tone per week; whilst the export to the continent for two or three months will be suspended by the season of the year We, therefore, calculate upon an aeeumulatloa of stock for some tline to oomt, altheogh the comparatively low price may laduo* purchases to seme extent for prospeutiv* wants, and prevent the piawma adlreu upen the market. WagMhavabwa fat?id to mmH m Jew > * ? V , ' . ?r??-? r[ERA 18. they were at any former p?rlod; and u* this enters so largely la to the Bout of is an Important consideration in judging of the probability of an advance in prioe." The deputation from Lancashire. on the tea dutlee, had an interview with Lord John Russell and the channel lor of the Kxohequer, on Wednesdsy last. The deputation oonalstod of the Afayor of Manchester. Mr. Uayly, president of the Chamber of Commerce, Mancheetor; Air. Ueywood, M. P ; Mr. Gardner. Mancheetor; and Maura. Rath bone, Rawson, and othera, of Liverpool The deputation waa introduced by Kdward Card well, Kaq .MP, and Jamea Wilson, Esq , M P. The interview luted upwards of an hour, and the several members composing the deputation represented in strong terms the numerous ways in whioh the present high rate ot duty ohargel on tea Is inimical to the beet iuterest of commerce, the enmforts of the people, and the general productiveness of ths revenue itself. Mr. Ueywood stated that he had received deputations from most of the principal manufacturing towns in Lanoashtre and Yorkshire, urging him to represent to the government theneceuity which existed for the abolition of duties which so materially affected the interests of the laboring classes. Lord John Russell received the deputation with his usual courtesy,and having beard the arguments addressed to him, atated in reply that the question whs purely one of revenue, but refrained from holding out any hope that the subjeot would lie taken up by the government, with a view to the abolition so strongly urged upon him The deputation, after thankiug bis lordship for the attention he had paid to their observations, retired, as it is understood, under the impression that they hml failed, at any rate lor the present, in the object fur which the Interview had been sought. Mr. Cardwell has written to the mayor, intimating that ministers have made up their minds on the tea du ties at present, and that Lord John Russell is indisposed to receive any more deputations. Tha commercial news from Amerloa is not quite satisfactory. Cotton was rather firmer, but breadstuff* were declining in price. There is an immense stock of Indian eorn for subsequent shipment, and it was ex pected that cotton would now be exported freely, money getting tight, and freights low. An incipient panic prevailed on the New York Stock exchange, as muoh us 11 being paid for good bills on London. It would appear. however, that great exaggeration prevailed as to tha amount of specie imported and exported in 1847, for the amount received was only 8,761,03i; dollars, nod the amount exported only 4,982,61)4, the country still holding ot the imported gold 3,7*8.444 dollars. Sovereign* were soaroe Kvery dollar due to Kngland had been called for. It is gratifying to learn that the American States are steadily Improving in their financial resources, so as to afford every promise of meeting the claims upon them. It was reported early In the week that the Messrs. Leyland were about to discontinue their banking business, but ws understand that they bare abandoned that Intention, and purpose continuing the bauk an usual. The oredltors of Messrs. Bernard, Hartley Si Co , of Halifax, whoee suspension we noticed two or three weeks ago, held a meeting on Friday, the 14th inst, to receive a statement of the affairs The ohair was taken by Hawdon Briggs. Esq. who detailed to the meeting, with great clearness, the position of the firm; when it was unanimously resolved that the estate should be wound up under inspection; and Meesrs. Itawdon Briggs, James Bowman and Henry Arkroyd, were appointed with the general consent of those present, who comprised more than three-fourths <M the whole number of creditors, and rep. resented a greater proportion of the amount of the debts. It was shown by the book* that three years back, Messrs Hartley were possessed of a capital exoeediog ?60 Ot 0, and every expectation exists of a favorable termination of the estate. The utmost confidence was expressed in the honor of the firm, and the warmest sympathy under their mlsfortunea. while their oredit was admitted never to have stood higher than at the moment of their suspension. [From the Liverpool Mail. Jan. 32.] Business continues to improve gradcally, as it has done ill n limited u?nref irum uih cumuir ucnuirub nt mi yr?r; and tba benefits of returning confidence ate in course ot gratifying developement There has bren an inorcaaed demand for all kinds of foreign and colonial produce, In dioating a more general consumption,and revival ot prosperity Trices are, however, still very low; and it in ex peoted that the ensuiog season will And them little altered, as the sppply will be abundant of overy artiol which may be in requisition. These are the anticipations of experienced heads on 'Change. We hope they may be realised The ootton market, on Monday, was somewhat Influenced by the accounts from Amerioa, received per the steamer, which arrived on Sunday afternoon The demand inoreated to 6000 bales, which sold at full prices, and in some Inetancee at Vd higher than th? business of the previous week. The gloom and depression which prevailed lu the Manchester market on the (.allowing day, and the probability of its continuance, completely upset tbls advantage.and repressed the upward bearing of the market We ' are rather lost ground since that time, and oloso the week with the better sorts of American as not very saleable at S'd decline, and the middling and lower qualities bare.y supporting the quotations of last week. Other kinds are without alteration The very light slock, certainty of a email supply for some time to come,with low prices, do not seem to tell agaiuet that positive want of money whioh la felt in every quarter. The sales of the week were 38. 710 bales, of wnich 100 8arats have been taken on speculation, and 100 American for export. The sales to day amount to about 4000 bales The committees' quotations for fair ootton are Bowed, 4*,'4 ; Mobile, 4'{d ; and Orleans, 4J?d. Tha* imports this week are Hl-ii bales; this year. 119 950; same time last year. 4*i 469. The estimated etooke are 315,150 hales; sau e time last year, 417,410. There were taken this year, by the trade78,070 bales; by speculators 1050; by exporters 170; same time last year, by the trade, 51,410 bales, by speculators, 61,600, by exporters, Ji-V). The advices from Amsrlca by the 11 bsrnla, are not quite so favorable in reference to the prospects of the cotton crop, as these previously received ; the most sanguine have materially reduced their estimates of the probable yield, which may not eventually exoeed bales. The low prices ruling at the ports are influencing planters to keep the cotton in the Inierlorof the country and consequently the arrivals at the ports have tallen much below those of last year to the same date. Coreld?rable purchases have been made on account of the Northern States,France and the Continent,but very little for Oreat Bri'ain. The imports into this country will for some time to come be on a limited scale, and we may expect to eee the stocks in Liverpool rednced. In the Liverpool corn market, on Tuesday, there was a good attendancs of the town and neighboring millers, who bought to a moderately fair extent at a decline of 4d per bushel on new, and 3d. per bushel on old wheat from the previous Tuesday's rates. Flour also was is. per barrel lower, 19s per barrel being taken for the best Western Canal. Oats were Id. per bushel, beans and Indian corn each fully is. per quarter cheaper; hot the demand has increased with the decline in price. Barley was unaltered in value. The late open weather has caused less inquiry for boiling pens There has been little change in the value of grain Illlast two days, and the transactions have been rather limited. At this morning's market the business was nut large, but there was a firmer feeling In the trade generally, and the dtollne eeems to be ohecked. Wheat, out", and floor, brought Tuesday's prices, and on Indian ccip an advance of is per quarter, and on Indian corn ureal 6d per barrel was obtained The imports of foreign agricultural produce into Liverpool, from ,the 14th to the 10th instant, ore?7,631 quarters wheat; 9,469 quarters beans; 11 837 bags Indian oorn; 1,710 barrels Indian meal; 7,670 bags. 101 I tierces rice. The imports from Ireland are?119 tone. 936 quarters, 1,981 barrels, 951 eacks wh-at; 4,00! sacks flour; 185 tons, 1,176 quarters, .'>6(> sacks, 606 barrels oats; 4459 sacks oatmeal; 5 tons rloe; 14 tons, 8? sacks beans; 3 tons, 61 sacks, 100 barrels peas; 150 quarters, 43 bags barley. Returns of grain as taken from the Gas#ffr?for the week ending 15 th January, 1846; ?Wheat. NU 164 qrs. barley, 93,687 qra; oats, 14 011 qrs; rye, 117 qr?; beans, 4,863 qrs: peas. 1,171 qrs. As regards the American grain and flour market, the aooounte by the steamer my that " no change rf importance has taken place since the saillag of the Britannia steamer of the 15th Instant." In the Liverpool wool market there Is a slightly improved teellng. and rathsr more business has been done. I - .? , .r,u?V>lr,n II Ir . ? ., .I.,,,..,.! Laid Highland, which is Rearer, ban brrn told at priest varying from &?. fid. to fls. 3d. per -1 lb*. Imports during ths past wesk?Peru, 40 bagt; Irish, 107 bags Scotch, 4,Vi bag* The timber trade here during the laat week hat been a little brtakrr than !cr tome time pant, but prior* do not advance. The ttocki of American end Baltic wood* ere much lighter thau usual at this period of the year, > h? imports f >r the year being considered cloned on the 31st Instant. During the week, a cargo of tguebeo pino has been sold from the yard at 11*44 per foot A cargo of St. John pins, 18 inches average, at isl?d per foot, and the spruce deals at id per foot of 1 Inches. A cargo of Mtramich! pine and spruce deals of fair quality at ?S per standard, and about 4 00 Batburtt vllow pine deals of good quality, part yarded, at ?0 7? dl per standard Two cargoes cf greeuheart and morra wood hare been sold, but the price has not ' transpired. We subjoin a statement of the Imports and stocks of guano, in this port, for the Ust two years, inclusive, and consumption during the years 1848 and 1847 ? Description. Import* Slocka. Comurnvtion. Jau. 1 jau I Dec 31 Dec 31 to to ? 1814. 1(17. 11(6. 18,7. Dec 31 Dec 31 1816. 1817 Peruvian 13.726 22.454 13 376 13 170 11885 24 *60 IcK-boe none none 14 629 6 791 31 TIJ 7 87? S.ildinh* Bay 800 none 10 627 5.130 4 678 3 69' Pategoniao... 7 987 2 378 3 291 3.470 2 694 4 391 22 SIS 23 024 46.423 28,660 36,974 42 787 i A meeting of th* creditors of Messrs. Bernard, liart. 1 ley and Co., of Hallfav. w?* held yesterday week, at their c,flees, which was attended by three fourths in number, ' and a large proportion In amount, and tha remainder btv* since given In their adhesion to the arrangements entered into Kawdon Briggs, Etq , we* iu the obair The acoounts preeented to the meeting were clear, an J showed the Arm to have been in possession of a capital exceeding ?60,000 three years back. The utmost unanimity and geod feeling prevailed, and tli* kludeat sym- j patby we# manifested towards th* partners, who received , credit from ell present for high integrity end honorable conduct The resolution# were married un*ntci<u*ly, 1 and it we* resolved to wind up the estate under th* inspection of three ot the principal creditors, and a favor- j able realisation I* looked for. The iron mseters of Houth Shropshire have adopted and confirmed the redaction of price* declared by the manufacturer* of South Staffordshire and the men seem determined to inelntein their strike. Messrs Jamo* latoon It Bon, Iron and coal masters, t f Dudley Part and Tlvluals, having beoom* naabl* in asset their ?gBgf * ?. tat in baaknpUy baa btan lnaed LD. JTrlM Www Urn, against thepi and they will (arrintw in ttaeomrsi of I tnle week It >vaj smpeoted tb?t in oonneotloa with I the suspension of the above hw? three othir 1rm? would navo been invnlv-id atvi the fiiluro* escsedinglf heavy. It is "all, how-ver, arran j"tn "nt* hir* bisn entered lnt > which oontlun the failure to the nhive firm, r and the obligations fortunately to aider ? if) O H). The trade of Birmingham remainsunaltered amidst the vlciesitudo* and trials of the great ooramer *1 <al crisis, affordj iog evidence of the prudence an l i'orethoutht of th? manufacturers 1 i some dep ?r'm?o'* of fa-i ->7 manufactures there I* *n utter stagnation, but this arises from | the impossibility of competing with nintlaeqtal price* I The advices by tin Uibernia are. however, unythiug bat 1 encouraging The joint stock hank* are understood tobe still vary ! liberal,riot only In their rat-a of dlecouit to their oneI tounrs. but also to those parti s who place money uodar ; theircare at call, the rate fir which I* four per cent, i with tmi days'notice of withdrawal; but the failure* j abroad inspire considerable cau'ion Additional susj pensions have taken pla is at Krankfort, and at Carlsrnhe the banking-house of Mi??*r* Km !k Co. has closed. There hare been no new failure* iu I Condon or Mrerpool, but great uneasiness preralls In Glasgow. Th*a:tua! liabilities of < Klmore and Kerrare found to b* ilVi 000, w lie the a*?*t* will *oorc?ly give a dividend of (is. in the pouu ! Th 1 asset* of VVadd'll St Co. will permit of a dividend of about tj*, or probably 7s . b it more likely 'he former sum. A second dividend of its 11 in the pound, mak ng altogether KM , has been declared payable on the I5tb and Kith of l-'*bru*iy next, under the estate of Messrs W and J Wondley, cornfactors, and a favorable llcjui lation la ultimately exj peoted. Letter* from Paris report an Improved feeling. M. Ml! oh?l Bass has rrsumsd payment Specie oootinues to arrive In private vessels, consigned ' to our leading houses. The amount of lUnk of Knglaml | notes in actual oiroul.ation in the week ending Saturday, I o ll-l IU Ill.jt Br.,T-? ..,yn i?uu HH'-i ui.k. 407 749, an increase during the week of A'CiT OBI; the I amount r,f gold and silver coin and bullion in the hands of the bank. A'lJ 078 381, an lnoresse of X174 III i Hold is 0 RO p*r oout dearer in London th n in Paris, . and I 14 per cant dearer In London than in Hamburg. 'i'ho foreign exobauges worn quoted in London on Tuesday afternoon, for three months' bill*. ue ft llrw?. ? i Paris, do 93){ to 97}?: Antwerp. -70 ft; A'""' rdaia. 11 ">,SJ | toli; Hamburg. 13 14,U to \<\\\ Frankfurt, 111,1* anil I Titeste, 10 I!) to II. These rates exhibit no material nl1 tsrutlon, compared with last post day Dates to the 3.11 of November. from Kio Janeiro, have ! come to hand. Freights there were at 70. Exchange i was nominal at 27>{d. to 17?(<1 I I,otters hare been reoeired from Pernarabuco. to the lid December. The oouon market was tolerably well ; supplied, and, in consequence of the oontiuited disss trous accounts from borne, prices hail fallen th ft)?d to 5j?d, at which the articles were in some request. No Hugnrs of the old crop left; the supply of new, in bags, Increased dally, hut of cases the arrivals were yet small. I The price of whites, lu bugs, opened at 1 dlrs. ISO to 1 dlrs. 300 pr arr for common assortments; musoovados at I dir. 750 to 1 dir. 700. Casus whiten at 1 dlr 000 rs. pr arr. a. f; musoovados at 000 to BOOrs. At ths quotations there were still buyers, as several cargoes had to be completed before th- Christmas holidays. Freights :-Cotton to Liverpool. and 5 per lb; sugar, ballast J"s and ft for cases, 15 less for bugs. Two Arat-class English vessel* had obtained 50s to 61s und ft for sugar, in bags, ift higher ? Kxchanre had advaocjd to 2Bd, at wbioh it was Arm. and would, no doubt, have gone higher, but owing to the accounts from Kugland, it bad receded to 27Xd to 37d , olosing at the latter rate. With the least more cheering accounts from home, it would advance, as money was by no means abundant, and would be much wanted in the month The Sydney advices, a day or two later than those i previously published, notice a further advance in the vaI kue of grain, owing to short supplies, and wbeat was quoted fts 91 per bushel. The weather was not altogeI iber favorable to agricultural pursuits. Financial Affairs. Lokdow Money Market, Jan 21, 2 T. M ?The accounts received from Paris by the motniug mail, anuouucirg the reception oi the deputation from the Chamber of Peers 6y the King, with the address in answer to the royal speroh. has produced more oonfldence respeoting the improvement of bis health This IsasuiJ-ct to which ereat importance is attached in I he mon-yed circles, and the account has given an additional drgrae of Aromas* to oublic securities. I he weekly returns of circulation of the banks of issue in the United Kingdom, as published in the London and DohUn Gastliti, when added together, afford the means of ascertaining the average weekly circulation of these banks during tbe past month, whicQ. in round numbers, has been as fellows . ? | The bu'llon held by the several banks at the present time, as compared with last month, shows an increase of I upwards of ?l RIMI UIHI anil ua onmpared With last year, a decrease of Upwards of 414 334 000. To a certain extent the large reduction in tbe bank note circulation, compared with the same period of last year, is a pretty good index rf the proetrate state of business Were it possible, however, to obtain anythlog like aolose approximation to accuracy of tbs amount of contrast would, doubt Una. i a much mora astonishing consols commenced tor the account at. 87>g,alterwarda advanced to * ?', and are uow sellers a'. A considerable amount ol business baa been transacted both for money and lb- account. The priors f. r Immediate transfer continues the same as for the account Tbe Three Per Cent Reduced bare been donn from 8?X tothe TbrceI and a-tjnnrt Per rents 88*?. Bsnk 8tocK 11>8>?, Idx1 chequer Bills remain at 36, li, aud India Bonds are 14 to 17 premium. 1 be transactions In foreign seem tiles have scarcely be'n so extensive, as they were yesterday. Prices, however Hre neurly the raine where busiues* has been done, with the exception of Dutch Slocks, which are rather lower. Hpanish Three per >nta 39X, Portuguese Five per Cents 78, Peruvian 39, V'entzuelan 38, Dutoh Two-a-Ilalf per Cents S3)? J?, and the Four per Cent Cirtitlcatee 84jf to 86. The Kxilwny Share market has bsen inactive, bat without any variation in prices requiring special remark. (it-artkr u.iost Thrkk.?Consols for Acooun. H7Ja 8%' Som? further failures coma unfortunately reported from (termany this morning, (London. Jan 18) The long established house or Alexander Baart, at Frankfort, is one of them; M Holl'man, a produce merchant, another. But that which may, perhaps, produce the gravest elf*ct, is the stoppage of M Maiotz, of Olfenback near Frankfort On the other hand, it 1s satisfactory to learn that the house of Kuel and Co , whose embarrassments were recently reported, has been enabled to resume payments. A correspond .at of the Oaxeltr d' Cologne states that duriDg the year 1847 I hire toere 'iib failui in Hamburg and the iuIiutIh. The commercial crisis in fclngland is assigned as tli? princiosl c.iuee at this extraordinary | augmentation in the number of commercial disasters ? | The writer prognosticates no improvement, but the reverse, tu the present year. He anticipates, more espe1 oially, the spread of insolvency among the speculators in | lauds and buildings, bines the great hre of Hamburg, l he obsrrves, the rents and prices ot lands and houses 1 bau bsen tun up to an extravagant height, by means of , loans and mortgages in aid of speculation. Now that : (he values of these classes of property are falling, loans and mortgages are beiDg called in,which, aa thespecula( tors were not able to redeem, concludes with the propsri ties being put up at publio auction 'there hat been already 1'.") of these auction sales at Hamburg lost year I Lonuox Monet Market, Jan 17?Two o'clock?Our stock intrket bos worn rather a heavy appearance, although we have had an active business in coueols at 87 to ? for money an I time, in the early part ?f t'uo morning. 1'rlces are now belter, at 87 >? to but with fewer transactions. The funds come lower both from I'aiii and Amsterdam, which is one cause of the dullness of the market here. Reduced Threes, 87J, to .V- Three and a quarter per cants, 88', to Kxchequer Biils'Js* to \!7s premium Bank Mocks 194 to 7. The lliberiiia brought ?90,000 in gold; and other large remittances of the precious metals have been received ; from the States and from the Continent of F.urcpe If abundauce of gold In the cellers of the bauk can make the country prosperous it certainly ought to prosper, for every week shows an increase of the previously large accumulations. Jan 1.1?.Saturday F.vsnlng?A d spatch from 8t. Fe tersburg, overland, is stated to have brought Ji 100,000 in gold to the bank. It is also understood that some large sums in gold may be expected from Paris within a day or two The hank alreidy Ih-rrfore i owing tu a Halt of avtrjhw The bullion people, like Mr. Satnuel Jones Loyd, will of course, interpret this golden Been mutation as the indubitable signal of banking aud national prosperty, m tlgre the prostrate state of credit and | industry. People cf one idea can recognise no valuee except in the gilded shape. Commodities, fabrics, products, foreign exchanges, all go fer nothing unless reduced into tangible bank notes, or more tangible sover signs It may serve r o throw some light upon ths results I ot Che labor of other committees on the uurrenoy laws, which the evidence of Mr. LoyJ, Mr. Norman, and others is supposed so much, and so justly, accordion to Sir Ho bert Peel, to havo ioflosnced, to s'ate the simple foot that the eminent banking-house of Jones Loyd u Co , than which none more wealthy, or conducted with greater intelligence, ea sts in the I oiled Kiogdoot. be* actually no dealings in fore'gn exchange, nor ?oy corresponding relations of money Interests with foreign banking bouses How then can the house, or aoy partner thereof, comprehend praoileally the working ?f foreign exchanges. constituting, as they do. a must important element In the ctoti"t?ry economy of the country at all times? The bullion people bare been reminded tim-s out of mind that geld alone does not constitute raliir; that notes may he of eijual worth as a represeotative s'gn; that the only retl ralues ars those represented by Indigenous or fabricated products. Bat the Icescn tost. Pxan Bovssi.. Thursday, Jan. 30.?The aocount given t.r the Journal dts l> hot* of this m jrciug raiattvet' the King's hesl'.h, and th? fact of his MaJ-aty having reoei ved the Jrputatiou of l.Ls t bambu- of 1". erswith t .j Address, have tended to remove much of th*gloom which has for the lust itw days been hangir.g over the market, and from the opening of l.uslness everything appeared on the meD'iicg haud. Threes, after reacting74, cl< s d IIrm atiSf PSo ; l-ives, at 110f3o , and N?w L >au at 7of fh-. market eloted ns f> llcws: Thr-e per Cents, tor cash, 7.1fMe; tor account, iSf9j, Kive per C ents, for oa?n, 11st 9.">o ; for account, llofdcj N#? I.oan,74; Bank of Kraucc Shama itltfflf; Neapolitan, <?wr 60a ax dir. ; t*p?nish Three#, ids ; Spanish fives, not'looted. 1 Tmb Taais Bovaia Pasic?Paats, Jan. 17. -It wru i seam that we have not seen the worst on lbs Bourea I The bears will have a fall at eny orloe They sueo?ed*d yesterday la bricgmgdawn the three per o*t>t? from 7?f I Its to f?f "Oe on the Bonne, and imWaqnwUy tmlMtrn J

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