The New York herald., 1845-11-28


employment of large capital in that trade at that point
mnstgve the control of tho foreign business in beef
pork lard &C. &C. Immense quantities of these articles
are shipped from New Orleans Boston for shipment
to Europe The shipments of -four from Boston this
year. TO other ports will probably double what thew
have been in any former year. The ommsrcs of all
hs large Eastern cities is based upon actual cap
tai than in any other part of the Unio and il s there
iore upon more substantial basis Taere has not been
IN past years such an enormous anson Of credits as
have marked the expansion of trsds in other sections
aud there has not been those Immense fluctuations in
BUSINESS Tho increase in trad the extensive railway
improvements OF New Engla Ad have given Boston, has
not oeen so rapid as to turn it the legitimate chan
heis and it can, therefor g. be depended upon being
permanent The stead plodding progress made by the
people Of that section in all their improvements gives
them sodity and basis which no revusion short Of
revulson Of natu fe, can shake.
since sufhc' 4ent time has elapsed to give specu-
iators time to cool OF little and calmly reflect upon
the Prospec before them in relation to the probable
ex'erna emand for -four there has been very great
chans N tho complexion of the market, and prices for
oread ssufs have materially diminished Immediately
a Or the sdvices by the Britannia became known pur
chases OF -four made to extent 81 so per
barrel. The excitement created by such great and
sudden advance, gave very great impetus to the for
wardng business and the receipts have since been i'm.
bushels within the past week The mild soft weather
gives every hope that the canal will close at pre-
sent and ifso the receipts at this port from the West
WILL within the next two weeks amount at least five
hundred thousand barrels The Of -four in this por.
at this time must be nearly half large again as II ever
was before, Notwithstanding the large shipments to
Europe Several ships loading for Liverpool have
from five to ten thousand barrels each board and
vessels for the shipment ofhis staple secured fast
tl,avr ~ ~ko:r .chk-
that shippers hesitate to pay them and decline in the
rates would give great impetus to shipments. The
best brands of -four now selling in this market
at SO so 56t per barrel The expenses for freight
insurance, SC, barrel of -four, shipped from New
York to Liverpool amount to about 81 H. making the
cost landed at Liverpool about 81 6a per barrel We
statement made up from the circular of several
Liverpool and London houses of the latest dates receiv
ed by the Britannia, showing what would be the result
of sales of American -four in those markets. prices
ruling al that time
PRicEs FoR BREApsTurFs IN LONDON AND Liverpool
LONDON Nov. 8. LrvERrooL Nov A.
80 s2s u States in bond. so aas u States in bond
3as in bond with exchange at lOs gives exclusive Of
Iegnt ana insurance. .:............ VI 6s
Freight at present New York rates 90
Nett per Dbl. .................. $s So
The duty Canada -four, 4th inst, was n pence
per barrel of 1876 lbs duty United States do 10 sh
rings do.
appears by this that at present prices for -four in
this market and in Liverpool London there would be
very little profit on any shipment.
Should the ports be opened for American -four at no.
mna duty Of two shillings per BARREL and prces in
Liverpool go higher than those ruling at the latest
dates, the account current would stand follows:-
a4s. per bbl, duty paid, with exchange at per Ct
Deduct freight, insurance, sc. c............... 10
Net 81 O4
At this rate flour could be shipped at present prices
and pay profit Of about fifty cents per barrel
There very little doubt but that prices for bread
sufs in Great Britain will 60 much above present quo
tatons We have at present but very limited idea
of what the actual deficiency will be in the harvests of
Europe. Very little dependence can be placed upon the
potato crop: if there is deficiency of one.thrd now il
will, withou. doubt, be full two-thrds short in the
spring The rot in the potato not arrested byther being
harvested-thousands of bushels have become worth.
less since taken from the ground the fear is that
large part of those now apparently sound will, before
spring. be destroyed by the disease that exists gene
rally in this important article of food II these fears
that create such excitement in all sections Europe
in relation to the price of breadsus The potato no: is
by confined to Great Britain the Continent
In this country it is very general The deficiency the
quantity and quality Of potatoes alone produced this
year sufficient to all the advance that has taken
place in breadstufs