The Sun.
London, England, 1848-08-31 00:00:00

COMMERCIAL INTELLIGENCE.

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NEW YORK, AUG. 15.—Our money market is tranquil,
with some more easiness. Loans or calls can now be
readily obtained at 7 per cent.; consequently the prices
of stocks are tending upwards, and range above the
prices quoted by the last steamer. United States Six
per Cent. Stock of '67 and '6B now sell promptly at from
1041 to 1041; the Fives of '53 command 931 to 937;
and for Treasury Notes bearing 6 per cent. interest, and
convertible into a twenty years' stock, 104 to 1041 are
readily paid. New York State Stocks have improved
also—the Fives bring 974; the Sixes, 103/. For Foreign
Exchange, the rates, notwithstanding considerable pur-
chases on Mexican Account, tend downwards. Bills on
London are from 9/ to II; ten day bills onFaris,sf. 20c.;
and bills on Amsterdam, 40 to.
Cotton—The new crop comes in slowly. In our last
we named the first bale at Montgomery. The first bale
at New Orleans arrived on the sth, at Mobile, two bales
on the 6th or 7th. At Savannah, a bale on the 7th.
On the 4th and sth four or five bales were received at
Albany and Macon, Georgia, and at Montgomery. In
making up the final total of this crop, in conformity with
the practice of former years, there will have to be added
to the receipts at the ports about 10,000 bales
for Virginia and North Carolina cotton con-
sumed in the factories at Petersburgh, &c., and
the nett Augusta and Hamburgh stock on
the 31st, which may be about 10 or 15,000 bales. Th
final crop will, therefore, probably appear at aboue
2,528,000 bales, thus :_Receipts at ports thus fart
2,278.000 bales ; probable future receipts, 30,000 or
35,000, say 30,000 bales ; addition for Virginia and,
North Carolina, 10,000 bales ; probable nett Augusta
and Hamburgh stock on 31st inst., 10,000 bales ; prob-
able final crop, about 2,328,000 bales. As regards the
final total expert to Great Britain, the 26 vessels left
loading at southern ports may be expected to carry
40,000 or 45,000 Mies ; and vessels which may com-
mence loading after the sth inst. may take, including
problable clearances from northern ports, 15,000 or
20,000 more. Thus—Export to Great Britain thus far,
1,274,000 bales ; probable export for the remainder of
this month, 60,000 bales ; probable total of this season
to Great Britain, 1,334,000 bales. Now let us come to
the probable stock on 31st instant, including Boston,
Philadelphia, &c. That stock on Ist September last
was 215,000 bales ; crop as already stated, 2,328,000
bales ; total available quantity, 2,543,000 bales. Ex-
port to Great Britain as above, 1,334,000 bales ; probable
to France and other places, 539,000 bales ; probable
actual home consumption, 450,000 bales ; probable stock
remaining Mat August, including Augusta, Boston
Philadelphia, &c., 220,000 bales ; total, 2,543 bales.
Thus, even if we allow the actual home consumption.
to be 455,000, the total stocks at the close of this
season
will be as large as at the close of last season, when
were larger than ever at that time Thsthsoeny
of year.
stock
of 158.000 does not include those at Augusta, and
llamhurgh, nor at any northern ports except Nlew York;
besides which it is tolerably clear that at this moment

the manufacturers and their agents hold 50,000 baJ•
more than last year. In resisting the clamour at this
time last year as to the probable deficiency of the crop,
and stating that it might still reach 2,300,000 bales,
when so many estimates below 2,000,000 were put
forth, and in estimating last January that the probable
export of the season to Great Britain would be
1,280,000 bales—in these two positions, and they were
the two which were most objected to, we shall be proved
to be under the mark, instead of being (as a great ma-
jority of the trade expected, or seemed to expect) greatly
beyond it.

&c.—Upon the receipts of the telegraphic
dispatches from the Acadia at Boston, holders of flour
advanced their rates 12ic to 184 c per barrel, at
which several sales were made; to-day, however, the '
letters having come to hand, shippers withdrew from -
the market, and quite a limited business was done.
Buyers for export offered 5. dolls for Western Canal.
whilst receivers asked 5 dolls 12ic to 5 dulls 18c for
common brands, 5 dolls 25c to 5 dulls 31c for good, and
5 dulls 50e for pure Genesee. Common Southern Flour is
held at 5 dolls 50c. Corn meal may be quoted at 3 dolls.
to 3 dolls. 25c. Rye Flour, 4 dolls. The advance which
was obtained yesterday in Corn may be cote,lde.,red lost;
shippers will nut give the prices asked. 2,600 bushels
of heated sold at 156 e; 4,000 low mixed, 61u. A few
samples of high mixed were in market, for which 63e
was offered. Oats are dull, and small lots of Northern
are selling at 40c.
Provisions have been firm to day. Mess Pork sold at
11 duls 50c, and prune at 9 dulls. Lard is in demand for
Europe at Sc fur prime, but holders are now atkiug