Martinsburg gazette. [volume] (Martinsburg, Va. [W. Va.]) 1833-1855, 1845-11-27

The Bank Of England dssermined 70 raise tho rate
ofinierest on money. Immedsrely ths Rail Road
Stock market began 70 declins--she strip Of many
Composites went do~n. 10 many Instances. from
high premium to nominal quotations ss which there
we're no buyers. The consequences may be easily
inferred from the usual history Of such specuiaticns
IA few sudden forssnes made, with widespread
and over wbelming distress.
These Recommendations famine ia Ire
land, great scarcity in England high price Of pro-
visions, and the bursting Of the Rail Road bubble
have been seized upon by the politicians, oppo-
.ed TO the administration of Sir Robert Peel, and
thus there seems to be universal panic in the
minds Of the English people. Whether there will
be reaction, il is impossible to say, but in the
meantime, the markets Of tbia country have been
seriously affected and will continue to be until far
Their sdvices shall be received.
We subjoin the following roiics of the N. York
markets on ssturdaythe 2Srd, and refer the read.
err. attention to the Baltimore market on Monday
the 25th, in the usual column.
NEw York, Nov. % 3 o'clock, P. NJ.
There was considerable action in Flour
at the opening of business, and the BUYERS
in some instances paid as high as S7,25
Cor Genesee, but sellers soon evinced a
willingness TO accept 1921, at which sew.
eIal thousand barrels were sold with some
privilege Of storing. and the market then
en- f'to I 90, a, which il closed dull. The
sales reached some IL, 900 or Is, 900 bbls.
The receipts are very large, averaging
during the week at least Is 900 bbls per
day. In Southern descriptions there is
but little doing and the market is nominal
at 6,50a6,75.
A sale OF $500 bushels prime Penn'a
white Whea; was made at l4sc, which is
the highest sale OF the season. There
were also sales Southern a, 1876 for mill
ing. Com continues firm and sales Of
1000 bushels old Jersey we're made a,
sic; 1000 bushels do Northern at s5aS6,
and about 10000 Southern at SOC
measure and s5c weight, Tor export
Rye is csc. delivered, with sales 5000 bus;
aud 4400 bushels Barley sold at IS cents.
Canal Oats are selling in lots at 5la52c.
Southern 46 cts.
In Pork there was not mucn done, ex-
ceptlng in the way Of speculation. Two
hundred and fifty dollars were paid for
the privilege OF taking or leaving within
a year, 5000 bbls. Mess at SIC. Fo.
prime there is more enquiry, there being
considerable orders in market Tor Nova
Scotia. quote Pork l0,5Oal0 62s5,
and $l4al4. l2,; a sale oflO0 bSls Mess,
deliverable in June or July, was made at
$3.50. Beef is firm at $5a5, IS. and
Ssss.25. For all the good tierces 10 mar
ket $14 was offered. The news has had
a bad effect upon Cheese, and the market
has fallen aa.c per ID. Sales 1000 or
1900 kegs Lard at esasac.
Whiskey is looking up under the rise in
grain, and sales Of good bbls have been
made at 2sa29c, and drudge casks at
2sc. Holders generally ask Boo for bbls.
To-day about $50 tierces rice were sold
at $50 to 5,37a for strictly prime, which
shows an advance Of 2,als3c per 100 lbs.
The foreign advices have knocked Gown
Cotton about &c per ID, at which the sales
have only been two or,hree hundred bales,
buyers requiring large decline.