The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-08-11
MONEY MARKET.

not fortified by that Of our frs acknowledged artists
MONEY MARKET.
Monday, Aug. IO-8 r. M.
There YVES very decided improvement in the stock
market to-day. Harlem went up 4 Norwich 4 wor.
ccstsr y; Pennsylvania IS l. Long Island fell OF "
and Reading, and Morris Canal closed at Saturdays
prices.
AT the second board prices were sustained, but the
transactions limited The accounts from the seat
Of Government In relation to our affairs with Mexico
have had very favorable effect upon the stock market
and they are confirmed we look for an improvement
in prices beyond any thing have recently expert.
encsd In this way II the President Is able to bring this
war to close speedily and satisfactorily az pro.
possd every thing connected with the trade and coz,
msrcs Of the country must brighten up and 90 ahead
with perfect rush The President has not made such
proposition a. that referred to, without being able to
sustain IL We know not the particulars of the PROPOSE
iion but we induced to believe that the Executive il
scting upon something tangible, something ofcia from
the Mexican government A few weeks will decide the
question one way or the oher but think the chances
in favor Of speedy arrangement of this important
matter.
BY the arrival Of the steam ship Great Western from
Liverpool have six days ster intelligence from all
parts Of Europe. Politically the of very little in
terea importance and commercially il s not of We
ny favorable character The markets, generally were
much depressed and there appeared to be disposition
to invest capital In commercial transactions The unset
tied state Of several important political questions in Great
Britain affected commercial affairs injuriousy and those
engaged in commercial pursuits disposed to
swst the progress Of events, than to opera
TONS while there was much uncertainty in relation
to the free trade measures In contemplation.
The demand for American securities had slightly i'm.
proved, and there had been little advance in prices
Confidence 10 those securities was returning the AMIGA
be settlement Of the Oregon question: having tended
very much to quiet the minds Of timd holders The dis
position purchase these securities generally evnced
since the rsncao ion Of the Oregon treaty viii not only
check any further remtanoes this country but will
have tendency to improve prices and the demand on
this sds and perhaps give impetus to rsmitt.nces Of
these stocks. for sale in London.
The sugar duties create great deal Of interest in com
mercsl circles throughout Great Britain and until they
disposed Of there will be very little done in any.
thing else . political way The following are the
duties proposed by the Ministry, from the respec-
tive days mentioned upon sugar and molassss imported
into the United Kingdom.
suoAa DvrrEs or GakAr BsrrArr
On sugar the growth and produce any British DOS.
session In America, or Of any British possession within
the limits Of the East India Company's charter into
which the importation Of foreign sugar IL prohibited
and imported nom thence from the 9th day Of ssptsm
Double refined sugar, or sugar equal in quality
to double refined, for every cwt.
Other ~ nned sugar OF sugar rendered by any
process equal in quality thereto. for every cwt 10
whts clsysd sugar, or sugar rendered BY any
procs" equal N quality to white clsysd, not
Brown sugar. being mp.sovsso or cisy.d. or 10
sny other sugar not being equal in quality to
white ci@yed, Tor every ewt. ........... Ola
Candy, brown, for every cwt. ...........l o
do white. for every cwt. .............l o
On sugar the growth and pi:due. Of any other pri.s
possession WITHIN the limits Of the East India panys
Snsiter, from the ON day OF sept. ls46 3 e. d.
Rsss:.. equal il qualify to whit. sl.ysa
Brown sussr being muse o,aio or c.,: .ov
sugar not being equal In quality to white
elsysd for every ewt .............. 10 Q
country ana Which shall Ss mpoTsS Da AK TIs.s
Kingdom either from the country of its growth or from
some Briish possession having fra, been imported into
such British possession nom the country Of It's growth
the duty shall be reduced from to two shiliinGs &C
cordns TO qusy, description, &c, each year. until July
placed on sugars the produce Of the British colonies
The bouEties or drawbacks following be paid and
allowed upon the exporstion Of certain descriptions Of
refined sugar from the United KIsgdom, Chat Is to
Upon double refined sugar or sugar equal in
quality TO double refined. for every cw1. ...I o
Upon other refined sugar In loaf complete and
whels, or Jumps duly refined. having been per
fecuy Clarified and thoroughly dried on the
stove. and being Of an uniform whiteness
throughout, or such sugar poundsd, crushed,
Upon bastard or refined sugar, broken in pieces,
o. psing ground, or powdered sugar pounded,
OF cfushro OF broken ior every cwt. ..... IL
The ministry have been forced to make these no.
auctions but whether they viii meet the views Of Par
lament or those Of the people. Is yet matter Of much
doubt Had the new Ministry into power untram-
melted by this there would have been no changes
proposed hut n was bequesthed to them by the old
Ministry, and they cannot eysde the responsibility they
have assumed.
The whole production Of the ssgsrgro~ing countries
Of the world In 1914 SO, down at 77sco tons Of which
400 oco tons furnished by Cuba alone In the fol-
lowing year Cuba produced only $1,000 tons bu, the In
from other 90 grss, tina, the total
produc, amounted 10 10000 tons which very little
short Of that in is41 The consumption OF sugar In the
whole world 10 essimsted sso 900 tons Of which the
United Kingdom consumes about 100000 the rest Of
Europe sss 900. the United States Of America $50 900
and Canada and the other British colonies 10 600 The
growth Of the United s,ses does exceed 100 600
tons. about twohds Of the consumption and the def
cheney ssuppsd By maple sugar and foreign importation
Too dsesncs between the total production OF tropical
sugar and the consumption Of the whole world Is chiefly
made up BY The manufacture Of sugar from bestroot
which extends annually TO 80 900 tons The surplus
'eh held IA Europe at the end Of each year has been
about 10000 tons and noswishs,Hndnx ths pscssltv
OF keeping large Surplus diminished By the increased
os'sn'y Of communicated. 10 consasrsd that sOck
% 'o"o tens upon annual eonsun ption in Europe
s'ne OF e7eooo tons, 10 noe more than moderate provL
on against The viessiiudss which attend the growth Of
tho article
The Believing manufacturing companies In Main.
nave recently declared dividsnis The Yosk Manu-
featuring Company, semi%nnusl dividend Of tan p~r
cent Laeonia Company Eiaasiord tree per cent ssoo
Water Power, tArss per cssa