The Sun.
London, England, 1849-03-07 00:00:00

COMMERCIAL INTELLIGENCE.

NEW Yong, Fan. 20.—The retention of coin by the
Sub-Treasury, owing to the recent heavy importation%
has tightened the motoy Incrket. The export of coin to
California has also a visible influence; and discount in
Wsll-street, now rules at from 9 to 12 per cer.t. per
Annum; and on call money is sought for, on the best se-
curities, at from 6 to 7 per cent. per annum.
Fortign Exchanges hare declined, and the supply is
incrcastd. The transactions for the steamer hare been
considerable. Quotations are 107 i to 108.
The Herald says:—
- -

" The demand -for foreign exchange for remittance
by the steamer Niagara, which leaves Boston on Wed-
nesday for Liverpool, has thus far been limited. Sterling
bills have fallen off a fraction in rates, and the supply on
the market is large. We quote prime bills on London
at 74 to 71 per cent. premium; on Paris, M. 30e. to
51. 27)tc.; Amsterdam, 391 to 40 ; Bremen, 78 to 78f ;
Ham6uigh, 35 to 3.51.
" The State Treasurer of Ohio has announced his
readiness to pay off the faith and credit and Miami ex-
tension • stock belonging to the domestic debt of the
State, to the amount of 245,152 dolls. on demand, and
that the interest will be punctually paid on the Ist of
May next,"
The Tribune says :-
1 " The Niagara, it is believed, will take out a cipasidar-
able amount of Government stock as remittances.
" The exchange market has had a downward ten-
dency. The improvement in the Liverpool cotton mar-
ket, and the supplies of Government Stock sent forward
to London, have produced a surplus of bills. Sterling is
quoted at 7f to 8 per cent. for favourite names. Francs
are heavy at 5 dolls. 30c. to 5 dolls. 27ic.; Guilders 39
to 40; Banco Marks 36 to 354; Rix Dollars 78 to 78k.
" 'l he movement in vessels for the California trade,
which has taken a largo number from the regular freight•
ing trade, has caused an advance of about 10 per cent.
in the price of vessels, and has sustained the rates of
freight. For Liverpool the rates are:—Cotton per lb.,
9-32 d.; flour, per barrel, 25.; naval stores, per barrel,
2s. 6d.; grain, per bushel, id. to 70.; provisions, per
barrel, 2s. 6d.; heavy goods, per ton, 255. to 30s.

" For London.--P lour, per barrel, 25.; naval stores,
per barrel, 2s. Gd. to 35.; heavy goods, per ton, 30a. to
359.; tobacco, per hhd., 305.; provisions, per barrel, 35.;
measurement, per ton, 30s.

"To Ilavre.—Cottcn, per lb. ic.; rice, per ton, 10
dolls.; bone, per lb. ic.; ashes, per ton, 8 dolls. to 10
dolls.; bark, per ton, 12 dolls.; measurement, per ton,
10 dolls."

The Courier and Inquirer says :
"The general condition of the country is easy and
prosperous ; the excess of imports has indeed the effect
of deranging currency and producing uneasiness is the
money market, by the abstraction of coin from the vaults
of the banks in larger amounts than are needed for
mediate disbursement. Still, the condition of the
European exchanges is such as to render certain that
no export of coin is likely to occur from our side, and as
California will assuredly contribute some gold to our
supply ere long, there seems no reason to apprehend
serious pressure in the money market. The -Treasury
of the United States is strong, and the payment of some
two millions of dollars, yet due from the contractors for
the large loans, has been postponed till the let of April,
the Government not needing it before that time, and de-
siring to save interest. Under these circumstances
United States' Six per Cent. Stock and Treasury notes
rule high ; the intelligence by the Niagara steamer
__ of
the rise in price of these stocks in London at.the.dato
of her departure gave them an immediate impulse here,
is still felt, as the quotations are higher than
which, although not maintained to the extent at first
reached,
before the Niagara arrived, and sales active and non.
siderable. We refer to the quotations aniamd.
" Bills on London may be quoted at from at to 7i,
more being done at the lower than at the higher figures .
For France, 60 day bills, the quotations aro from 5 30
to 35:he
.. a rates of freight aro to Liverpool for cotton in
London-2e. square bales 9-32 d. to 5-16 d., and in roundel.; flour, 2s.
per barrel; grain (in bulk) 7d. to
.
corn and wheat respectively, per2 ba.
to bushel for
3fodf
To L
*°
per barrel for flour, and other articles To
proportion.
Havre—Cotton, ic. per pound.
~.Foreign Exchanges—Ex
change on London, 107} to
108; ditto on Paris, 5.35 to 5.30; on Amsterdam,
on
39! to 40; ditto 11 ani.h ditto
urgh, 34i to 35; ditto on Bre-
men, 76 to 78-i."
Cotton— NEW ORLEANS, Fts.
the receipt of the Niagara's news the
market assumed greater firmness, and sales of 13,000
bales were made esterday at an Ivance in prices.
.The
weather is unu'ually cold for this latitude.
NEW YORK, TUESDAY MORNING, FEN. 20.
The transactions in breadstuffs for the last fortnight
have been mostly confined to a moderate demand from
the east, and the usual supply for the city trade. The
arrivals from the south have prevented much decrease
of stock, and served to keep the market steady and
firm, and it closes now at about 64c. to 12ic. higher than
at the date of the last report. rho common brands of
Brooklyn and city made are selling at 5 dolls. 661-e. to
5 dolls. 621 e.; common western, and straight state and
Genessee sell at 56 dolls. 2ic. to 5 dolls. 7.5 e.
Rye flour is scarce at 3 dolls. 37ic. to 3 dolls. 440.
Corn meal is in light demand at 2 dolls, 87ec. to
3 dolls.

Wheat has been wanted, and 40,000 to 50,000 bu.shals
sold during the last week at 130 c. to 132 c. for Genesee,
and 1100, to 115 c. for Ohio, per 601 b.
Barlay, 640. to 68c. per 481 b.
Rye, for distilling, brings 65c. to 66c. per 661 b.
Oats, 40c. to 43c. per bushel.
Indian corn, with light supply, has sold frioly at 64c.
to 65c. per 561 b., for round northern; 690. Ito 60c. for
Sat yellow; 53c. to 560. (r mixed and white IQ therm