The daily union. [volume] (Washington [D.C.]) 1845-1857, 1847-12-11
FOREIGN.
ARRIVAL OF THE BRITANNIA
FIFTEEN DAYS LATER FROM ENGLAyI


The British mail Britannia, Captain William
Harrison, left Liverpool Nov 49, and telegraphed at
Boston at past p, m, Dec 8, having been 10 days
the passage, including the stop at Halifax where she
leaves the Canada mails well as those for Nova Scotia
and New Brunswick.
The steamer brought 10 passengers from Liverpool to
Halifax, so from Liverpool to Boston, and from Halifax
to Boston-n all, SO.
The Britannia with no accident and was only de-
layed by the winds
By this arrival we have London and Liverpool papers
the day of sailing fifteen days later than our advces
by the Acadia
The European Times OF the 10th ut says:
Ii is satisfactory to state that the interval which has
passed since the departure OF the steamship Acadia has
been one of far less excitement than we have had to
describe for time. Numerous failures of mercantile
houses, and heavy list of bankrupts both in England
and Scotland, still attest the deep seated mischief which
has crep into our commercial system; but, upon the
whole, very marked Improvement in the public feeling
has prevailed
The money market since the 18th instant has materi-
ally improved Consos at that date were about S2S, and
since that period with occasional fluctuations have kept
steadily advancing. On the 9th instant consols had al
most reached ST. and during the week ending the 18th,
they improved almost further per cent, closing
that day at about IS. For the opening the 18th of
January they reached $50 AS far the indications of
the stock exchange be taken proofs OF returning
confidence, nothing is left TO be wished the advance
public securities has been regular and steady without
those abrupt transitions which of late have been fire.
quent Exchequer bills which, few weeks ago,
at 35s. discount, have risen to about par The
rate OF money in the stock exchange is easy at and
per cent per for short periods but for mercantile
purposes, whilst the bank rate continues at per cent,
private bankers, however abundant their funds may be-
have preeXt for keeping up high pnce Tor money.
Within this day or two however, discounts of frst-cass
paper have been obtained at per cent, and parcel
falling due in all December has been done at 81 per
cent The French loan for ten millions has been adud
Gated TO the Rohschds at 75l and as the payments are
TO BE- spread over long period, it is supposed that this
operation will no longer affect prejudcally. our money
market.
Since the 4th of the month, the state of commercial
and monetary affairs has far improved, that confidence
is degree restored, and the general aspect OF
trade encouraging than it has been for time
past Sugar is almost the only article OF our imports
which continues in demand The market is still active,
with rather better prices, but yet so low as to leave
considerable loss to importers.
There has not been much duness IN the cotton
market during the last two weeks we have had to re-
port some previous occasons still, as trade IN the
manufacturing districts keeps dull and gloomy and manu-
acurers ndsposed operate to any extent the sales
yet of tring character For the fortnight ending
Nov 10, they did not exceed 1880 bales. With respect
to prices, there is slight advance on the quotations,
given in paper of the 18th nstno more than to i'd
on American descriptions Since the arrival OF the Cam
bria the trade has again become dull and without any
animation; the transactions, ALSO but Ing, and the
market closed yesterday evening with tameness.
The market since the Acadia left has not varied
any great extent On the 9Th instant the advance no.
ced last fully maintained and the arrivals al
Liverpool being comparatively SMALL the country mar
kets generally showed considerable hrmness On the
market day of the Sth inst prices continued firm, but
wheat was generally slow OF sale On Monday last, al
Mark lane, there liberal supply OF grain; and
although the best parcels of wheat readily taken off,
the could not be sold unless at reduction
of 2s. per quarter The operations in foreign
upon quite restricted scale; holders unwilling to
effect sales at reduction OF more than Is 10 IS quarter
The exports to Ireland continue to be very large The
price of best canal flour has reached 30s awhch
price holders not disposed to make sacrifice. AT
Mark ane the 18th, the trade very Inactive and
rather depressed lower prices would have been sub
,iffa to hIya hay hppp nuu
chases
American cured provisions in steady but not active
demand At London sos. TO Cos readily paid Hams
are also freely sold in the same market at about our
former quotations. There has not been much alteration
in the prices of most descriptions at the Liverpool market
During the past fortnight the import consists OF SO erces
of beef barrels pork SIS boxes cheese 70 cwt Bacon
773 barrels and 100 kegs lard Several further quantities
are believed 10 be their way, which will add TO the
stocks hand, and may probably influence the future
The rice market has been steady during the fortnight
but cannot note any material alteration In prices paid
either in this market or in London The arrivals from
America continue very limited scale. Should the
potato rot extend many suppose 1t WILL this article
will be brought into more extensive and general consump
ton the experience of the past year having proved to
be excellent substitute for the potato
There has been extensive demand for wool of the
lower qualities for shipment $500 ballots, chiefly Peru
van have been taken for export to New York at Sd to
SID per h. in the grease, and Sd TO 10td for washed
Since the conclusion of the sales in London, the market
there has had steady tone; and for the good qualities Of
|
Arrivals this week ,227 bales colonial, and 1857
bales foreign English is held firmly at fully previous
rates.
The accounts from the manufacturing districts OF Eng
land are still dscouraging.
| The Imperial Parliament assembled yesterday at West
minister for the despatch OF urgent and important affairs
| Mr. s. Leevre was again UNANIMOUSLY elected Speaker !;
and the speech from the throne Will be delivered by com
mission the 23d instant the interval being occupied in
the preliminary forms of receiving the royal appreciation
of the Speaker, swearing in the MEMBERS and sign
ing the parliamentary roll 1t is believed that the sub
jects that will occupy the earliest attention of the
house will be the state of the country with regard to
Sir r. Pees currency bill of 1914, and the adoption OF
stringent measures for the protection OF life and property
| in Ireland These two subjects will doubtless engross,
in the first instance, the chief attention OF both houses
The debate the address will doubtless elicit from min
listers statement OF the course they intend to pursue.
1t is generally anticipated that select committee will be
appointed to consider the condition of the nation in
fuenced by the currency measure OF Sl but remains
to be whether the proeconst party will so Tar pre-
vail OF whether ministers may be DESTROYS so to extend
of the country as it has become affected, not only by
Pees measure but by the recent changes OF commercial
policy, connected with the abolition and reduction OF i'm
port duties The position of the West India colonies and
the island Of Mauritus must also command serious at
tention 1t ought to be borne in mind that the present
suspension of the laws by which grain is admitted
free of all duty terminates the LIST of March, 1913,
and the question must also be decided whether the tenn
poary duty of four shllngs wheat shall be reimposed
during the short term which will then remain unexpred
before the import duties grain altogether cease the
lst of February, 1sio.
| WRECK OF THE STEPHEN WHITNEY, AND LOSS OF LIVES,
| INCLUDING CAPTAIN PoPHAM--We are grieved to an
nounce that the splendid New York packetshp Stephen
Whitney, Captain Popham, totally wrecked off Cape