The Sun.
London, England, 1849-02-05 00:00:00

COMMERCIAL INTELLIGENCE.

NEW YORK, JAN. 23.
I,Vloney Market-The demand for Government secu-
rities hss been steady, though somewhat diminished by
the
present advanced rates. A rapid advance has taken
Place in Indiana State Fives. Money continues easy
at 5 to 6 per cent. " on call," and for discounts on best
signatures at 7 to 9 per cent, per annum. The
gold fever has received increased stimulus from
the more recent intelligence from California.
T
is mentioned that the issue of Government
stocks to foreign account, from September to January
, have been about five millions; of which England
France
about 3,000,000 dolls., Germany 800,000 dulls.,
550,000 dolls., Canada 100,000 dolls., and
Switzerland 100,000 dolls. The transactions in foreign
exchanges have been considerable, and the supply full.
Exchange on London, 108} to 1084; ditto on Paris, 5.30
5.25; ditto on Amsterdam, 404. to 4011-; ditto on
.ttamburgh, 3511 to 35,i; ditto on Bremen, 7li to 78i.
The Governor of P,nnsylvania has recommended that
hereafter the whole interest on the public debt be paid
11:k current money; and the Legislature, it may be anti-
cipated, will so determine.
Cotton-The steamer Washington's arrival, but not
the effect of her news, was given in my last circular by
the Europa, under date of the 9th instant. The sales
effected that day were uniformly at my full outside
quotations, being equal to an advance of an eight per
ere:tie:B 2 still On Wednesday and Thursday succeeding, the
averseti hi
iti ghe
2,500 bales daily mostly on speculation
r rates, which Continued on the morn-
eineg the
Friday after the telegraph announced the arrival
Le America at Boston, 1,000 bales having been
tagerly 'bought on the assumption that she would
ring a handsome advance. Her accounts received about
one
P.M. of only em eighth of a penny advance rather
dampened
the ardour of buyers, and no disposition was
B"°wn afterwards to take hold. The letters by this
eQhveyance, as also the annual cotton circulars, which
Were received next day, appearing to be uniformly written
Wili_th a glow of confidence on a decided advance
'eere, provided the popular estimates of our corp can be
"Pt at or under 2,500,000 bales, and as that is in the
°Pinion of caretul observers the probable extent
clhf it (in which, however, I do not coincide,
eing Inclined to favour 2,600,000 bales, equal
41 average weight to the last crop, notwithstanding the
Feat increase of bales will be fou.nd in the atlantic
lecti'n), the market continued strong, and sales to the
extent of 1,000 bales were made withotit further change
eaetit rates. The market on the lath was affected by the
attrge arrivals of the preceding day, and the hales did not
800 bales, for which about an eighth-easier
~.l
Zere accepted. The arrivals continuing large, holders
Tere more disposed to entertain offers on Tuesday, and
the sales were ext' n led to 2,000 bales, at prices exhibit-
ing decline of a quarter of a cent from the highest
anoint, On Wednesday the business was quite limited,
:El the markets felt sensibly the heavy arrivals, amount-
-slag to 30.000 bales since Saturday morning. On Thurs-
-2 1' buyers for export having a wider choice of samples,
It't 00 bales were sold at the previous decline. As several
rge lists were still on the market unsold, the induce•
-
merits to buyers were increased the next day, and the
e-ujoeftatetisas_eattiliorndsayamounted to 4,000 bales, the market reco-
ne one half of the previous decline later in the day.
the tables were comparatively clear of
of ,tl,°% and the market was strong at the closing prices
of.`"e preceding da at which 1,500 bales were disposed
sal Yesterday themarket presented a quiet aspect, the
at es only amounting to 1,200 bales, buyers feeling that
.I,lll?resent prices they might as well watt later advices.
market now stands at about the same line of prices
bisatinerelasts.tded at the departure of the last steamer. .
export2hteuiftsr-aldaTenhgbeuel market for flour and grain re-
-111 a eery
being
g state,con confined
nweidthtohathrdelyhoanineincqo
tsiionne,eand that at this season of the year is usualisirulYimghfPot-r.
Las b 111 Y
report of the 9th instant, per Europa, there
e More disposition to sell flour, and with a light
demandeit and reports of a dull market in England, prices
ve dtclined about 12Ic. per barrel ; common city and
Westernv are now selling at 5 dolls. 50c. to 5 dolls. 62i c.;
ta,ight:brands of western and Genessee, 5 dolls. 62ic. to
'l4 dolls, 75c.; southern kinds, 5 dolls, 44c. to 5 dolls.
.sett rye flower sells at 3 dolls. 12ic. to 3 dolls. 25c.,
lid Jersey corn meal 3 dolls.
Wheat is dull, at 1 doll. 25c. per 60 lbs. for Genessee,
nd lndianoll. 10c. to 1 doll. 15c. for Ohio mixed and red.
corn is in light supply, with moderate sales at
fl6e,* to 67e. per 56 lbs. for round yellow, 62c. to 64c. for
BEI' Yellow, and 58c. to 60c. for mixed and white
6plth•ern, Rye is worth 65c. to 66c. Barley 64c. to
Per 48 lbs. Oats 42e. to 44c. per bushel,
irovisions-Large arrivals from New Orleans, for the
ttai
kinds-
over days, has unsettled the market for all
lie 40,000 barrels have arrived in the above time.
poi's pork is offered at 14 dolls. for Ohio packed; prime
tutil'f,, 13 dolls, to 13 dolls. 50c. offered; a sale of two
he
barrels of prime pork (cut and packed
144,ee) at 13 dolls. pe; barrel. Sales of bacon hams for
salesrPool (cut and packed here) at 81 cents. Small
15 dolls Mess pork (for Government) have been made at
(for ~ • Lard is neglected; a sale of 200 barrels prime
ee. ;reaners) at 7 cents., city rendered for the traders at
ri,r,T kegs and tubs. Hams and shoulders have ar-
son:4la considerable quantities, and the former has
cuat given way, say 71-c. to Sc. forhams, and 54c. to
25e. L°r shoulders. Beef-prime mess from 11 dolls.
teet„,7,l3 dolls, per barrel-12 dolls. was offered and
da, "e`' for 300 barrels Chicago mess (uninspected), to-
tele; 17 dolls. 50c. offered for tierces of prime mess, and
25e, d• Prime beef nominal at 6 dolls. 75c. to 7 dolls.
for Butter and cheese rather dull; no change in fact
,s,rke last two weeks.
~.411e rates of freight are to Liverpool for cotton in
21.11 are bales, 5-16 d., and in round 3-Bd. per lb.; flour,
for co Per barrel; grain in bulk, 7d. to Bd. per bushel,
28. n_,n and wheat respectively. To London-2s. 61 to
do
per barrel for flour, and other articles in propor-
-4' To R
-avre-Cotton, ic. to c. per lb.
0ef,..n3:1340-rta. have
VALPAR
nedAlSOof, Ntheov. 29.
The g
pri 0 ant ocu results
efornia speculatthions, so vastly entered into from
auveeprecure expectationsd
to enterta i
Chilian flags, besides their
putie.n.,, on their ,iwn eeabt,
tionl_ents for about I,3UU lobs within the last two
R,.,2‘ua, at the rate of 25 dolls. per ton, and there are
-vele
" mere vessels to depart shortly. The