The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-04-29

The only favorable view to be taken oil the recent
partial movement in the manufacturing districts, is
that which regards the probable effect Of reduced
cepuble, will probably be very slight. The market
we are suffering from the loss of, 10 that we had at
home With the bulk OF the population, the check
TO the consumption OF manufactured articles lies
either in the want OF employment, or the dearness
OF food, in both. No fall in prices can incl ease
the amount paid IN wages, till it has promoted con-
sumption as TO draw off accumulated stocks, and
stimulate to renewed production This, however,
supposes general renewal OF activity, which can
not be looked tor while the fate of the corn bill re-
mains undecided.-London Nstcs.
lRoNxAsTRRs' QUARTERLY MEETING : BTRMINo-
HAM, THURSDAY EVENING, APRIL 9.-The usual quar-
tery meeting OF the ronmastsrs held here to day
The attendance was more numerous than usual, and
much anxiety was manifest for the result. The UNI
settled aspect Of both the political and commercial
affairs of the country coupled with the scarcity OF
money, and the consequen probability that less
quantity OF iron would be required tor the construc
ZION OF railroads, induced many persons to Imagine
that reduction In the price must take place the
result has, however, shown that in spite OF these
circumstances, the demand for the commodity Is
sufficient to sustain the market and, predicted
IN The Daily NetOs, fortnight ago, the prices OF
last quarter are still to be maintained.
Al the opening Of the business to-day, all the large
masters intimated that they were determined 10
stand by the existing rates for while, however,
buyers were cautious In making their purchases-it
was quite clear that they at least were exceedingly
dou0uul Wnetncr THIS declaration was worm much
Or In other words, whether il would be possible for
existing prices to be adhered to.
Towards the close Of the day, however great
deal Of business was done.
Tbs current prices are-for Staffordshire bars lO.
per ton Stafordshire pigs, S. TO g. los; Shropshire
pigs, 81. los and Blenlavon pigs, 6. Sc. per ton
As intImated above, many sales were effected al
these rates at the same time IL 10 also proper 10
state, that many cases they were subject to the
condition that they should be reduced rates. should
circumstances cause iron TO fall in price within
limited period.
The settling passed oil very satisfactorily, much
more 80 in tact than might have boon afforded con-
sldering the depression which prevails in most Of
the other industrial branches OF the country.
The general trade Of the country still continues
in very unsatisfactory state. In the manufacture
ing DISTRICTS with the exception OF the iron interest,
there is great stsgnation in business, and prices
have further given way In the produce markets
here the quantity of goods brought forward at pub
lie SALE being greater than the ordinary demand for
home consumption warrants, and as no one will
venture to buy on speculation, the shipping orders
also being very limited for all articles, the conse-
quence has been general fall in prices. Money 10
likewise in greater demand at rather higher rates.
We ascribe this unsatisfactory state Of things
chiefly to the uncertainty that exists to the Inn
portsnt measures brought forward BY SIR Robert