Vermont telegraph. [volume] (Brandon [Vt.]) 1828-1843, 1837-05-10
GENERAL INTELLIGENCE.
REVIEW oFTHE NEw-YoRK MARKET.

"G'AEW OF THE NEW DIRK MARKET,
May 3.-F2Our and MeGl-The Flour
ma rket continues quite inactive, the sales,
as Tor several weeks past, being chiefly
confined to small parcels as required for
CITY consumption. The stock of all de-
ScrlptIonS OF Southern remains quite low :;
Western Canal has farther declined about
oO cents per barrel, though the supplies
arriving continue moderate. The entire
receipts of this description since the open
ing OF navigation does not probably vary
materially from 10000 barrels. Sales
OF Western Canal at 1915 50 for COM
mon and fancy brands Troy, produce ed
from foreign wheat, s. to $780, and
New York city, 81 to SO, according to
quality. There has been no important
change in the value of Rye Flour and
Corn Meal.
Graam-The renewed activity noticed
in the market for Foreign Wheat at the
close OF last week continues, and the
sales since have been yet more extensive,
without any farther variation in prices :;
the demand, however, is confined exclu-
siveIy to good qualities, the inferior de-
scrIptons attracting no attention what
ever The sales have included 5000
bushels prime red German, at S1,4O d
Sl,45; 1000 do middIing quality Sl,4O;
$500 do prime $50 60 DAYS; $500 do.
Sl,48 cash, 10000 do. good Odessa 81,
cash; and 10000 do. prime red German
in two parcels, on terms not made public.
Prime qualities of foreign rye are in
demand 5000 bushels prime milling sold
at 90 cents, cash, and 1000 do. very
choice, 991 cts, also cash. The supply
of Northern Rye continues small sales
at 81. We hear of no particular varia-
ton in the price Of Oats. The supply Of
corn-in market is very moderate small
sales of Northern yellow at 81; Jersey
92l,; and Southern from 81 to 90 cents.
Sales Of Green Peas at $1,000 d Sll per
tierce.
ProUisions.-T The demand for Beef and
Pork still continues very limited, the
sales, as for many weeks preceding being
principally confined to small parcels as
wanted for ship stores and city consump-
ton. Prices for both have given way in
consequence of the plentiful receipts ar
irving via New-Ocleans We now quote
mess Beef, Sl3 a Sl4,5O; prime, 60 a
1915; mess Pork, SIG Sl8; and prime
Sl3 Sl4,5O. Lard has farther declined,
owing to a large and increasing stock 2
a 800 'frkins prime Western sold at 81
cts. Hams are very abundant and dull,
and declined to 9 10 cts. Sales of
smoked Beef at III II; Bacon, sides,
9 10, and shoulders cents Butter
continues extremely heavy, and is gradu-
ally declining in price.
Rice.-The transactions in this article
continue quite limited, at gradually de-
clining prices; sales of good quality are
making at 1926, cash, to S3,G21, mos
per 100 lbs.
TaIloao-Remains very scarce, and
may be considered as nomjnalIy l Cts
N. Y. Spec.
ARTHUR TAPPAN & Cove believe
our readers will feel deep regret at the
announcement, that the house of Arthur
Tappan & Co. have been obliged to sus-
pend payment. This took place on the
LIST instant. They have not met with any
losses Of magnitude, that we can learn ::
and their suspension is to be attributed to
the impossibiitv, at this juncture, of ne
gotlatng business paper-the failures on
the part Of their debtors to meet their paw
ments punctualv-the too widely extend
ed business in which they, as we'll as the
rest of the mercantile community, are
involved-and the other numerous causes
of the present unprecedented pressuse.-
Several merchants Of this city Y, on learn
ing the difficulties of the house, : with
great liberality, offered A. Il. & Co.,,
loans Of their notes to the amount of up
wards of two hundred thousand dollars
TO enable them 10 proceed in their business,
but as the Banks did not deem it expedi-
ent to discount their paper, the liberal prof
fer Of aid was of no avail. We presume
that A. I. & Co., will ask an extension
from their creditors, and meantime, in the
belief that it will be granted, and they
: not be compelled to make an assignment,
> will continue their business.
: The fact that house in such credit,
with so ample means and such assistance,
was compelled 10 stop payment may serve
to show to our country readers the sever
itv of the pressure here. In fact it has
; become PanIac; nay, we'll nigh a dis
I may and terror to business men. The
;. stable and real wealth of the country, of
which the vast transactions of New-Y York
are merely the representative, must be
broug ut into service, or a desolating wave
Of terror will sweep over the whole land,
and by Withdrawing the whole circulating
medium, bring all business to the savage
state Of simple barter The payment OF
debts due from the country, as rapidly as
; possible, will soon set the wheels of CON-
merce 10 motion again, Our benevolent
institutions will suffer severely in thei.
incomes, and the vast multitudes who are