The Sun.
London, England, 1865-11-10 00:00:00

Latest American Markets.

The following finance and trade report is taken
from the New York Shipping and Commercial List of
October 28
The decline in gold and the extreme stringency of the
money-market have combined to check the movement in
both foreign and domestic merchandise, and to restrict
commercial transactions within narrow limits. Anticipa-
tions of important changes in the tariff, on the assembling
of Congress, are entertained in some quarters, based upon
the report that inquiries on the part of certain officials have
been made of some of our prominent merchants as to the
advisability of placing a heavier duty on goods which can-
not be produced in this country, such as tea, coffee, &c.,
and modifying tho tax on domestic produce. As nothing
definite is known as yet in regard to the proposed changes,
commercial values have not been affected to any extent, but
the fact that there is a probability of a revision of the
tariff, however remote, exerts a restraining influence upon
the mercantile public for the time being. Imported mer-
chandise has generally been quiet since our last, and there
are comparatively few exceptions to the general rule.
" The money-market in Chicago is as 'tight' as ever.
The 'Chicago Tribune of Wednesday says •--' The money-
market to-day was, if possible, even more stringent than
yesterday, and there was considerable difficulty experi-
enced by produce operations in procuring accommodations.
The bankers are generally rejecting all produce papers, un-
less accompanied by shipping bills, the report concerning
hot grain' having frightened them from taking the risk.
The rate of discount is steady at 10 per cent. per annum,
but private bankers charge 1 per cent. commission extra.
There was an easier feeling in the market for eastern ex-
change to-day, but there was no change in the rates, which
remain steady at par buying and 1-10 premium selling.
The bankers sold to each other at 50c. premium, but the
amount thus disposed of was comparatively small. The
supply seemed to be about equal to the demand all around.'
" 'The receipts from internal revenue are increasing, and
again average nearly a million a day. The receipts from
this source since Ist of July are nearly 8115,000,000.
Besides this, the Customs receipts are heavy, and the re-
ceipts from sales of Government vessels, &c., we under-
stand, amount in the aggregate to nine or ten millions
more, so that the Treasury is well supplied, and will be
until long after Congress meets. The $50,000,000 Loan
meantime, is all absorbed, and that amount of certificates,
&c., withdrawn.
" Gold has ruled lower during the past three days, and
the bulk of the transactions has been at about 145 i to 145 i I
per cent.

" Foreign exchange has been in moderate demand, but
rates remain without marked change.
" Government securities have ruled heavy, the European
advices having exerted a depressing influence. Prices of
all classes of securities rule low, but especially the Five-
Twenties and the. Ten-Forties. The Sixes of 1881 are also
down. The current quotations are as follow:
United States' 5-20 Sixes Registered, ex in. 101 to 101k1
United States' 5-20 Sixes, Coupons, ex in. 102 i —103 r
United States' 10.0 Fives, Coupons, ex in. 92+. —92 i
United States 10-40 Fives, Registered— 921 92
United States' Sixes of 1881, Coupons lO6l 106
united States' Sixes of 1881, Registered
United States' Fives of 1871 and 1874 95 100
United States' Debt Certificates of 12

months' (interest in currency)
7-30 Treasury-Note Bonds . 97 98
United States' 5-per Cent. Legal Tenders... par
American Gold
American Silver
The Money-market remains very stringent, under an
active demand for call loans at 7 per cent., and the ten-
dency is upward. There does not seem to be any great
scarcity of money, but capitalists and the banks evince a
decided disinclination to part with it even at the current
high rates. Commercial paper is freely offered for dis-
count, and, as a general rule, high rates are paid, varying
from 9to 12 per cent. We quote

Per Cent. per Annum.
Loans on call, stock securities -
Do., bond and mortgage
Prime endorsed bills, GO days
Do., three to four months
First-class single names 9 12
" The Stock-market has for the most part been irregu-
lar. An active speculative movement and consequent
large advance in prices of Erie Railway shares has been
the ruling feature. There has also been considerable done
in some of the other leading railway shares; but, as a
general thing, the market has been rather quiet, though
the sales have been at irregular prices. Yesterday there
was more doing, and the market was buoyant and firm.
Petroleum and mining shares have been fairly active, but
business is still restricted by the stringency of the Money-
market.

" The following are the closing quotations of stocks of
the Second Board, Oct. 28 :

Bid. Asked. I Bid. Asked
Tennessee 6's B7/ 90 1 Mi. South R. R. 721 72i
Missouri 6's 77 78 Illinois Cent.R. R. 1341 136
Canton Co
Cum. Coal Co 424 43 Chi. and N. W. R. 30 30
QuicksiverMin.Co 4B; 48/ Do. Preferred ... 651 651
Marip. Min. Co
Pac. Mail S.S. CO 225 Chi. and R. I. R ....107 108
N. Y. Cent. R. R._ 971 971 Mil. &P.du C. R... 631 64
Erie R. R
Do. Preferred
Hud. Riv. R. R 106 106/ Pit. Ft. W.&Chi ... 981 931
Reading R. R 1141 115 O. and M. Certif..— 27i 28
Mich. Cent. R. R...111..112 I
" New York Petroleum Stock Quotations, Oct. 27 :
id. Asked.
Beunehoff R.... 1585 14 21 Mononghela and Bid. Asked.
Bergen C. &0.0 BO 035 Kanawa
Buchanan 074 075 Manhattan
Bradley oil lO5 110 M'Kinley
Brevoort 14 0 Mt. Vernon 0 075
Centrals 25 0 27 0 Montana — 825
Cherry Run ... 024 Northern Light 175
Empire City ... 043 045 Oceanic
Everett
Excelsior
Fee Simple
First National 063 064 Shade River
Germania
Hamilton and - - Tack Pet 027 030
M'Clintock... 4 0 10. 0 Union
40 0
Heydrick
Highgate
Allen Wright 0 '25 090 Webs ... 1 6 110
Heydrick Bros. 095 110 Watsonter Petpet OBO
Adamantine .- 0 71 • 1 BO Lily Run Pet... 0 75
Clinton - 1 50 . 5 0 N.t., P. & Balt. 055
Uherry Run & N.Y. & Newark 0 30 0 50
75 1 0 PPreeosp 0
ildee'sntPet ...
0 50 Palmer Oil
4102
Chenango ...
Consol, N.Y.._ 1 0
2 0 2 50
G. W. Cons'd... 0
Island 1 0 -2 0 Rawson Farm 060 125
Ivanhoe 232 240 Venango & P.
09 7159 W. Vi 0. Coal 013
6 0 10 0
LKinbiecrkteyrbock...
00
6107
The following figures compare the last weekly statement
of the New York associated banks with the returns of the
previous week :

Oct. 14. Oct. 21.
Loans $227,541,884 $224,030,679
Deposits 182,364,156 174,192,679
Specie • • 15,890,775 15,516,450
Legal tenders
Circulation ll, 722,847 12,338,441
—The deviations from the returns of the previous week are
as follows:
Decrease in loans.., 53,511,205
Decrease in deposits 8,172,046
Decrease in s- '

specie 304,235
Decrease in legal tenders 4,289,340
Increase in circulation '
Alcohol was a shade firmer, with sales, in retail parcels,
at $4 50 per gal.
SHES.—Receipts, 101 pkgs. The market was dull, but
very firm, at previous prices, in consequence of a low and
insufficient supply.
BREADSTUFFS. —Receipts, 26,755 bbls. flour, 304 do. corn
meal, 47,733 bushels wheat, 189,202 do' corn, 103,879 do.
oats, 7,313 do. rye, 155 do. malt, and 91,170 do. barley.
The transactions in State, and Western flour were to a
fair extent, and prices changed in sellers' favor sc. to 10c.
per bbl., the market closing firm, but rather quiet, at the
advance. The sales comprised 13,500 bbls. at our revised
subjoined quotations. Southern flour was fairly active
and prices were a shade better, with sales of about 660 bls.
Canada flour was fully 5c to 10c higher, under an improved
demand, with sales einbracing 350 bbls. Rye was quiet and
unchanged. Corn meal was also quiet, but prices were well
maintained. We quote :
Superfine State and Western flour ............ $7 85 to $8 10
Extra State - 8 25 8 80
Common to medium extra Western
Choice "State
8 95 --8 15
9 25 12 50
Extraeste
Western
o otnr
ad
dhe hoop
nOdhsi o
Common Southern
10 60 -- I 0 00
extra ditto
8 10 10 00
anddCanadian
RGCF;oameon deflmit Otani nrc,hsoui cp
ee
rafinnde e x tr a
8 00 9 00
Corn meal, Jersey 4 90 4 95
Corn meal, Brandywine
Corn meal, Brandy Wine, puncheons 26 25 26 50
Only a moderate demand prevailed for wheat, but holders
were very firm, and prices advanced 2c to 3d per bushel,
the market closing firm at the improvement. The sales
were about 45,000 bushels, at $1 70 to $1 75 for Chicago
spring, $1 71 to $1 75 for Milwaukee club, $1 76 to $1 78
for amber Milwaukee, and $2 28 to $2 30 for new amber
State. The market for corn was active, and prices at
the opening were firmer, though without material
change. The sales cover 132,000 bushels at 750 to 83c
for unsound, and 83c to 88c for sound mixed Western,
closing with the tendency in buyers' favor. Oats were
without noticeable change ; unsound sold to a moderate
extent at 50c. a 54c., and sound at 57c. a 59c. Rye was in-
active, but firm. Malt was in limited request, and prices
were almost nominal. Barley was in improved demand, and
prices were very firm. We notes sales of 53,000 bushels at
$1 10 to $1 121 for State and $1 25 to $1 28 for Canada
West—the latter price was an extreme.
COFFEE was quiet and unchanged. We heard of no sales.
COPPER.—The demand for ingot was very inactive, and
the business was all in small lots for immediate consump-
tion, comprising 120,0001b5. at 321 c. for Baltimore, 33ic.
for Detroit, and nominally 321 c. for Portage Lake. New
sheathing ruled firmer, and sold to a fair extent in jobbing
lots at 50c. Yellow metal remained firm at 35c.
COTTON.—Receipts, 2,903 bales. The market opened a
trifle firmer under the latest advices from Europe, and at
the close prices were fully lc por pound higher for nearly
all grades, with but little disposition on the part of holders
to sell at current prices. The sales cover 6,000 bales'at our
revised quotation; as follows:
Upland. Florida. Mobile. N.O.&T.
Ordinary • 47 47 48 48
Middling 5B 58 59 59
Good Midddling 6O 61 61 52
FREIGHTS. —The market was irregular. Rates for corn
were higher, while cotton by sailing vessels was taken
lower. The engagements were—to Liverpool, 7,000
bushels peas, 6d.; 28,000 do. corn, bid. ; 1,000 bales cot-
tO
ton 5-16 d. to id. Per steamer, 1,500 bales cotton, id
GUNNY CLOTH.—The market was quiet; 23c was the
price in Boston, and 23-1 c to 24c here.
GUNNY RAGS were held in Boston at 20c. The market
was dull, and we heard of no sales. No stock here.
HEMP.—The market for foreign continued quiet, but
holders were very firm. Manilla was held at llfc to 12c
per lb gold. We note sales of 100 bales jute in Boston at
$l3O per ton. In American hemp the transactions were
also light, but full prices were realised. We note sales of
95 bales dressed in lots at $325 to $350 per ton. Hemp
tow was steady; 20 bales sold at 45175.
HOPS.—The market continued firm for all descriptions,
especially the primo grades of this year's crop, of which
we note sales of 50 bales at 50c to 60c. 95 bales old crop
sold at 12c to 40c, as to quality.
Iximoo.— The market was quiet, but prices were steady,
A' good jobbing trade was done in the fine descriptions.
Madras and Manilla at full prices, but not much otherwise;
We quote fine grades Madras and. Manilla 85c to 90c

Guatemala, 85c to $1 10, and Bengal, 80c to $l5O, m gold,
as to quality.
IRON.—There has been only a moderate inquiry for pig,
but with a reduced stock holders were enabled to, obtain
full prices. The sales comprise 200 tons No. 1 extra
American at $49, and 200 tons do. at $5O. 'Pt
transactions in Scotch were all in lots from the yards, a,
$5O to $54, as to brand. There continued an active
de-
mand for manufactured iron and considerable was P11r:
?
chased in anticipation of future wants. The store price
are as follows :—Ordinary size Swedish iron, $l6O per t 23 :
common iron, $llO to $115; refined do. $l2O to 812 I
A
rods, 122 50 to $l9O ; horse shoe, mitre, ctc., $145 ; hand
iron, 150 , oval and half round, $l4O to $l5O ; N.B. pail
rods lc per lb ; A. M. do., 10c ; scroll iron, $l5O to .$o
0 .
per ton ; Norway shaper, llic per lb ; spring steel, 11-„,.:
tire do. 111 c; toe cork do., llic, and hoops, $155 to sz;"
per ton.
with
LEAD.—The demand was fairly active for pig, and,
a low stock, prices continued very firm, with a strong 11,P:
ward tendency. The sales embrace 200 tons, at $6 62k for
Spanish, and $6 371 for English, and Stolberg Pipe and
sheet remained steady at 15c, and bar at 11c, cash. were
LINSEED.—The market continued dull ; but prices
without material change.
NAILS.—The transactions in cut were not very large,
merely in consequence of the limited offerings at the cur-
rent rates, as there still continued an active inquirY• a
leading small sizes command Bic, while the ordinary ru
sold at Bc. Forged horses were firm at 34c for Bd, copper
at 55c, yellow metal at 35c, and zinc at 20c, cash.
NAVAL STORES.—Spirits turpentine has arrived very
sparingly, and the demand being fairly active, lotspriees„ll'v
advanced. The sales cover 200 bbls. at $1 20 for small t
and $1 ITh for large lots. Crude turpentine was steady
rse
$5 25 to $6 50 per bbl., with very little doing. Resins Iv! 0
hardly so active, owing to the limited offerings, but price_
were very firm ; some of the recent purchases have heei,
for export. We note further sales of 350 bbls. common so.
$7 75, which is an advance ; 400 bbls. strained at $8 69 tt
$9, 340 bbls. No. 2 at $ll to $l3, 100 bbls. No. 1 at $1,42°0
$lB, and 50 bbls. prime pale at $2l to $2B. A sale o
bbls. Southern thin tar was made at $7 50 to 80 50, which t
was about the range of the market. 40 bbls. pitch sold a
$7 to $8 50, as to quality.
OILS.—A steady jobbing inquiry prevailed for all def
scriptions of fish oils,and prices were very firm, holders (i).
crude sperm in New Bedford generally holding at an a
2w3i
n 5
tteor sw2h4a
10e.,
bleachedvn°e $
do. at $1 70, with some asking $1 75. 80 bbls. bleached
winter sperm at $2 55 ; 120 bbls. natural at $2 50, an
inThleotzleets $
helreBsin;cl2u4doeddleB.ocbrebactl.s(;
90 bbls. crude do. at $2 30 to $2 32. We note sales of
85 bbls. Bank oil at $1 30, and 50 bbls. Straits at $1 "in
$1 35. Lard oil continued nominal, grease. selling 1
lots all the way from $1 30 to $1 90, as to cluaj"tsr;
and prime winter at $2 40 to $2 45. The transacuen
in linseed oil were rather light, and prices were droop;
ing, though we heard of no material concessions, crushers
demanding $1 46 a $147 for casks and bbls. City "
tilled oil was jobbing at $1 30 a $1 35. for
PETROLEUM—Receipts, 2,225 bbls, The demand -_,
crude was fair, and prices were firm, while refined trib"
heavy and lower. The sales were 5,500 bbls. crude at 38n.
on the spot, 36c. in Philadelphia, and about 1,400 do. re-
finedd in bond, in lots, at 61c. a 613. c. Prime white was bald
at a higher figure. Free was quiet at 80c. a 81c. beef,
PROVISIONS.—Receipts, 223 bbls. pork, 160 packages ,
79 do. cut meats, 52 do. lard, 1,876 do. butter, and 578 do.
cheese. The pork market was a trifle firmer at the com-
mencement, but towards the close was unsettled and heal.
and at the close the improvement was partially lost, 08
mess closing at $34 12f, cash. The sales were fair, cent'
prising 9,500 bbls., including 2,800 bbls. mess, for October,
and November delivery, sellers' and buyers' option, t
$B4 50 a $35, also 250 bbls. do. for all the year, buyer ..
option, on private terms. The sales deliverable mirriedi
ately cover 6,450 bbls. at $34 a $34 50 for mess and $29 sc:
$29 50 for prime mess, The beef market was rather less
active, but full prices were realised ; the sales were ahocut'
800 bbls. at $ll a $l4 for plain mess and $l4 a $ 1.7
extra mess. Beef hams were dull and nominal. Bacon
was quiet, and we heard of no transactions. Cut Inesf,
were in better demand, but prices were still nominal; about
600 packages sold at 16kc, at 17kc. for shoulders, and 201;
a 23kc. for hams. The lard market continued steady. wit
a fair demand; the sales were about 650 packages at 24
a 29c. for common to choice. Butter was steady,
Inferior
more inquiry for prime to choice parcels than for Intl
and common ; the sales from 40c to 50c for State and 2,„°,.
to 42c for Western. Cheese was quiet at 140 to 18ic -
common to first quality, factory made.
RICE.—The market was steady, but inactive.
SALT. —The market was firm, with an active denlanii•
We note sales of 650 sacks Ashton's, ex Guy Mannering,
on private terms ,• and 8,000 bushels Bena fes, ex 1181
and Aubrey, at 60c. Ashton's was jobbing at $4 i d
Marshall's at $3 75, Liverpool at $2 60 to $2 65 ; an
Turk's Island at 60c.
SALTPETRE.—Crude was dull, and almost nominal, at 140.
SPELTER. —The demand was firm, but principally for
lots on the spot, for which full prices were paid ; but N'i
again notice a slow market for lots to arrrive and a slight
decline in prices ; 100 tons sold for November shipment
from Hamburg for 61c, gold.
SPICES remained quiet, but prices were well sustained;
and, if anything, the market had a firmer tone. We quote
—Cassia, 294 c to 30c; African ginger, 23kc to 25c; Cal-
cutta do., 19c to 20c ; pepper, 231tc to 24c ; and pimento,
19ic to 20c, gold ; nutmegs, $1 to $1 10 for cases anci
casks ; and mace, $1 50 for lots on the spot, currency, and
85c for lots to arrive, gold.
STEARINE.—The market was firm, but very quiet. Re-
ceipts, 162 packages stearin° and 48 do. grease.
SUGAR.—The market was very quiet, but holders were
firm in their views, and full prices were realised. The
sales were only 90 hhds. Cuba muscovado, at 131 c to 141 c,
and 500 boxes Havana at 141 c. Refined was steady, but
quiet.
Sumac.—Prices for all descriptions of both foreign and
domestic were unchanged. The market was only mode-
rately active for consumption.
TALLOW was steady, with sales of 85,0001b5. part, if not
all, at 14ic. to 141 c.
TEA.--There was less inquiry, but prices were well sus-
tained since our last. The sales comprised 1,000 half chests
oolongs from second hands, and 800 half chests greens
from first hands on private terms. A moderate line bust'
nose
ii escea. sl
esm weeaEr
laa
neweceaal I
was
aut
was done in the other varieties at full prices.
TIN. —A very moderate inquiry prevailed for pig,
but
was held
ah7eiinl
ode. , d
ina.
nd2050 Boson stloanabtss
2ES7
ent r.
galii
stisvh se oanl
tdo2the4ecrs,ae
ai
esl
etl
gold.
TOBACCO was rather quiet, but prices were firm. W°
note sales of 95 hhds Kentucky at 6/c. to 28c. Receipts,
147 hdds. and 382 packages.