The New York herald., 1845-12-07

CoMMERcIAL-The market partakes of the de-
preston into which every description of business
is tor time plunged. There ls lutte doing, although
as compared with the inactivity of the previous
fortnight, the market wears symptoms of animation
Since Friday the amount OF business transacted
has not been large-hardly exceeding 10000 bags
and, as compared with the closing prices of last
week, better feeling may be said to prevail. Yes
terday the business was limited TO 1000 bags The
Oregon question is beginning to excite some alarm
again, the time approaches for the delivery of the
Presidents message on the opening OF Congress.
Ii is rumored here-the Intelligence which came to
hand yesterday by the Hibena gave confirmation
to the staement-that Mr.. Polk will take high
ground on the question: and that he will go even
further than IN his inaugural address. AT any time
OF less depression than the present, such an inn
preston would have made itself felt on the market,
and II may do so yet, as the intelligence by the Hi
berna only came to hand when the business portion
OF the day had been partially consumed. The pro-
bably, however, is, that with the stsgnant feeling
In all matters OF commerce which prevails at pre-
sent, people will wait The resuA rather than anticl
pate II by any premature movement. This vexed
question OF the Oregon has, il is said, occupied
great deal OF the Cabinets attention during their
late frequent and proracted sittngs, but the cot
ton market no perccptible impression has been
made. There appears to be something very
like III the wind, tor the activity the sea- board,
and in the naval arsenals, is as steady and unre-
mitting as when we noticed the subject a month or
six weeks ago. The stocks OF cottoH in the manu-
featuring districts are said to be getting lows In
deed they must in the nature OF things, be so as,
during the brisk season IN the summer and the
autumn, the trade merely bought, the phrase is,
from "hand to mouth"
American wool continues TO command attention
in the English market, and is competing with the
same article from our possessions In the Pacific
Towards the end OF the presen. month large sale
will take place. 500 bags OF which will be the pro-
dnce OF the United States, The revival of trade
not fail to bring this article which sbecoming for
midabe item in the exports from America, into &C.
neral use and popularity.
Trade, IN the manufacturing districts, is compar-
ativey prostrated. There is far less business DOING
and the state of affairs in the country owing to the
potato crop, and the immense speculation IN shares,
has tendency to deprees the energies OF the manu-
facturers. The Manchester and the Yorkshire mar
kets exhibit this feeling. Stocks are being reduced,
and extreme caution in the present state OF the coun-
try appears to actuate all parties-he dealers as well
as the manufacturers.
The produce market is remain in tolerably lyhealthy
state. AS the merchants do force their goods 10
auction, but sell them privately by contract, they are
enabled to get better prices. Sugar tor home use
has advanced upwards OF 3s per cwt, and holders
are him at this advance. The price is considerably
higher than 1t was at the corresponding period OF
last year, while the consumption has enormously in
creased, and the stock on hand is now fully 10000
hhds. under that OF 1874. Refined sugars have al
so improved In value Havana is from As to IS.
higher now than 1t was at this time last year. The
finer kinds command 3Os., the inferior sorts 25s per
cwt. Brazil has declined Is. per cwt, There has
not been much doing In coffee, the price of which,
as compared with that OF last year, Is lower. OF
there is less in the market than has been known
for years, owing to the heavy continental shipments.
Rum has improved in value, and cocoa is dull of
sale.
The accounts from the Baltic are of much the
same character this as the preceding week. Prices
of wheat have risen so rapidly there that few of the
orders from hence to purchase wheat have been
executed, higher rates having been paid by srecu-
ators than the limits of the British orders have ad-
mtted
Letters from Dantzic of the lst inst. state, that
Iohn yIraat had obi nuod hand
during the week, almost entirely on speculation
There was not much being shipped 10 England; but
vessels being very scarce, high ireights had been
paid for the few ships engaged to load wheat-5s Cd
to 6s had been paid tor London. IS Sd to IS Sd or
the east coast and Is to Is per quarter for Liverpool
The total shipments OF wheat during the month of
October had not exceeded 1883 lasts, OF which up
wards OF 600 lasts had been despatched to Hol-
land. The demand for wheat had been principally
for the finer sorts, and for small lot Of very choice
quality the extravaganty high price OF Cos per quar-
weighing 63 lbs, 5Ss-for the other kinds of high
mixed OF GIBBS to Gibbs weight, Sos Cd per quarter,
free on board, had been pald-whilst the inferior
descriptions had been held at corresponding rates.
At Settin on the ls instant, reports OF an untA
vorable nature respecting the potato crop IN that
neighborhood were very prevalent, which, with the
accounts OF rising prices from hence, had caused
holders of Wheat to demand extreme rates. AT
Hamburg, on Tuesday last, there was not much DO
ing, the very high prices asked for Wheat having
checked the disposition to buy.
FIOul anu east reports also
he value of Wheat as rising rapidly, and letter
from Marseilles states that 1t was the belief the re
that the expectation of grain would be prohibited
the Ottoman empire; and similar step would, 1t
was thought, be adopted by the Neapolltan govern
vernment. Gin consequence Of these rumors,
and the lively advices from Great Britain, good
deal of speculation had taken place in Wheat at
high prices, say Sos to SIS tor fine Polish Odessa
and Marianopie, and from 45s to 4Ss per or. Tor
secondary qualities.
III.
continues to be the disease in the potato crop
The fine weather experienced during the past three
or four weeks has been favorable for digging up
this root; and the greater proportion has now been
raised the time has, therefore, arrived at which
something like an estimate OF the extent OF the li-
lure may be formed. We have been at considera-
bic pains to collect information on this important
subject; and, from the general tenor OF our advces,
we tear that the damage quite great as II hs beer
represented The most serious cause ter apprehen-
sion is, however, the fact that large proportion OF
the CROP which at the time OF raising appeared
sound has been found not TO keep That such ls
unfortunately the case has been recently proved by
the condition in which many OF the cargoes from the
north have reached the London market 1t is to be
presumed that at the time of shipment care was Ia
ken to select only such potatoes as were
to appearance sound tor 1t can scarcely be suppos-
ed that parties making consignments would be so
regardless OF their own Interests as to snip quality
unsuied tor a sea voyage. We consequently take
1t for granted that every attention was bestowed IN
selecting the cargoes before the potatoes We're put
on ship board If right in this the condition in which
they have arrived, certainly affords abundant ground
to fear that small proportion only Of that part Of the
crop secured In a seemingly healthy state VIII be
preserved through the winter, unless some extraor-
dlnary care be taken for their preservation, We
have 1t from good authority, that large number OF
cargCes OF potatoes have, within the short space of
a fortnight, arrived in the Thames in such state as
to be not only wholly unfit for food but so complete
ly rotton, as not to be worth the freight.
SPANISH RAILWAYS "A correspondent from Leon
writes to us that the English Railway Company from
the Asurlas to Madrid, having discovered mine
Of coal in the plain OF Monar, there were immediate.
formed four or five companies for the purpose OF
working it, Among others the Relampago, the
Mantuana, the Amigos, the Madrlena &c. These
companies possess, united together, considerable
order to work the richest mines in the neighbour
hood in which we refer