The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-12-26

OF cop.os for money SSH to z, whence, owing to
sales. they rac-dsd to s5x-the final quotations
being soy 20 y for the January opsnsy They began 1T
sos, declined TO s6S aud closed at 56I
Bank stock left OF at 1877 to s9 Reduced per cents
s to "a "a per cents s5 to ~ India Bond. sos to
chequsr Bills decided rise is to be they began
at IL to IS prem., aud left OF at AZ to 6s
u,tnr;n, in sn inns hay has si.con1ted at So,
per can't In the Foreign stock Market the chief trans
actions we're In Mexican which for money we're aons
M s for the they not 80 good being last
ofi,aly quoted at l7S spanish were also stssay ana
tn per cents dous mt s and tue Der cents
Basz'iian small quoted 80 Ecuador2,4 Portuguese
o per c,nts IA Begi "a per ct SO Dutch "a per
cents 64 the cent csrtiicateesi Ihere WAS
good supply foreign bills offered on chang. to-day
which generally speaking went of currently, at similar
rates to those Of last post ma
rates this morning remained Monday last but IL
sales to any had been attempted, decline OF Is
must have been submitted to Letters from Glasgow,
received this P. NJ mention the failure OF Baltic Ho-
neymaa co. Their debts .ttted at E450O0 and a
compromise has beeu offered OF 0s on the pound. In
the colonial markets during the week there has been
considerable hesvness great Discrimination having b.en
shown to transact business The sugar market has per-
hsps, been the most affected, reduction in price being
observable to thu extent OF to per cwt the mar
Ike. closing this r NJ with unusual dullness although
the total quantity brought to public competition by the
importsrsnas been limited than usual The suspen
sion OF another firm acting general produce brokers
mAds known Monday add-d to the general depression
In the oofss market the trade have been unwilling buy
ut prices much below those of week Several
parcels of the pa tston kinds have been brought for
ward and nearly all the holders have eyinoed desire to
realize which they only been enabled to accom-
pirh by submitting to fall of rs per cwt The native
kinds of Ceylon have formed an exception to tbs gene
raj decline ia price for in this instance enquiry for
speculation having arisen, and the quantity in first
hands being small the importers have refused to sell at
34s PSF cwt, and now demand $685. while the common de-
scrtons of plantation range only at sos to 40s cwt
Rice also presents fall OF Is per cwt and the trausac
the I'd inst, when l6 00O packages offered and
800 packages met with purchasers The sale passed of
were barely maintained Privately there has been very
little business doing but few hundred chests OF tho
new Consous have been sold at Is 3D. anst IS I'd
lb the opening price of last year.
The arrival or the Washington, from New York, with
100000 in sovereigns made known In the city late
1t Is mentioned in the continental papers received
day that the banking firm OF Tercen Sigar of Mons, is
already going through the usual formatss OF an ar
rsngement Of affars
The statement of exhibited shows debts and
liabilities to the extent of three million francs and assets
stances, it thought the Belgian government would
perhaps interfere and by temporary advance enable
the establishment at once to resume business
The same journals state that the Austrian authorities
have decided upon constructing railroad in Gscia
and employing the work, the troops garrisoned in
that provinces Additional pay to the soldiers Ia to be
granted for this duty by order Of the
The Con'tantnope sdvices Of the 18th ult continus
to report dull state OF business The operations In
grain had been particularly limited the dscouraging
tone of account, from this side greatly influencing the
merchants The silk trade rather more active low
prices having brought forward a few buyers No per
msnent rise was, however, expected to be maintained
Freights to European ports were still depressed.
LONDON MoSEY MARKET, Dec. s.--The psrceptible
Improvement which had taken place in the aspect Of
business generally at the departure of the last
continued steadily to advance until the close Of the last
week, when in of the of ad
ditional failures many of them of startling magnitude
state OF gloomy apprehension produced upon the
public mind This feeling however, operated upon by
variety Of curative cause.-the importation OF large
amounts OF specie tbs absence Of further failures this
week and the reduction of the rate of discount by the
anh IF Epui and oiv thc
ing iberaty indicated by the ba liking
of the country at largeis sbted and
treso in the meantime, Is far from being allayed -
The monetary restrictions upon trade have undergone
no very material relaxation and the merchants
but reaction for good has taken placs and
the results though they may bs slow, will b.
Of realization. In the manufacturing districts q
vva of operations has taken place favored IN great
measure by the late reduction In the value Of cotton
The present prosperous condition of the Bank Eng
land which holds upwards of ten millions bullion and
the disposition it evnces further to depart from the
stringent obligations of the bank charter Of 1874 by ex
pandingin the spirit Of accommodation has led
nifet resuscation Of nothing save un-
! foreseen and improbable mischief can destroy The
state of the funds since last. advces has been
tolerab steady with direct upward tendency Yester-
the quotations for money closed at sos and for
at ~ Exchrqusr bills had risen to 81 and bank
stock to lSS3s.
PARIS, BouRsE-Thursday, Dec 2-Three O'Clock -
In coDs,quen of considerable delivery Of rents the
French Funds went down from the beginning of the
ket; about quarter before three matters improved
little but still leaving prices good deal lower than those
of the day before The Three per Cents opened III
soc for the December account and closed at 77f zoe
they at four o'clock done at 77f 80 The Parqust
all day lower than the Coulisse the Threes hay
ing in the latter lower than III 25c The Loan
opened at 7f Sc and closed at 76f 90c The continue
tions continue high being for the Three Cents zoo
4Oc and for the Elves 4isc to Soc. Railway Shares
were heavy, and show a slight decline. rumor
prevalent to-day that accident had occurred the
Northern Railway, by which number Of persons had
been wounded 1t appears that train
the Paris terminus Mt twelve O'Clock, locomotive get
ting in the wrong way consequences of the points
having been properly arranged into the last wagon,
and caused about Is persons be wounded
severely besides fling ng of the engine man with sue
force that both his legs broken II produced no
effect the price Of the shares, the decline was
| only IT, gao.
The Corn Trade of Europe
From Wilmer's Times Dec a.
LONDON since the sailing of the Britannia the mar
st for most descriptions OF grain and grain produce has
been inactive and prices rather receded On the
terms for wheat ra her lower Indian and
dian meal TAKEN 10 retail at fully former rates
On the 22d holders Of foreign wheat were un
willing give way in the proportion did those Of
English indeed really fac qualities very very little II
anything cheaper than the 18th, and the decline on
the sorts did exceed Is per quarter Quota
tions of town manufactured four remained nominay
unchanged American, unless very fine, Is per Dbl
cheaper The market the Gath remained steady the
demand for all articles limited, but change took
place in prises Wheat -four and Indian corn had but
a Glow sale on the 27th and barely commanded the
prices Of the 22d At the market held the 29th ult
the operations in foreign wheat were II possible. on a
still restricted scale than of late and In the alb
sence Of business Of mportaDce, quotations remained
nominay un8ltered. The value flour uuder went no
change requiring notice The display of barley samples
moderate and fine mailing sorts taken pretty
freely at previous prices aud the secondary kinds
not cheaper than the Dad On the LIST inst the
stands very scanty supplied with wheat of home
produce the general quality of which inferior
parcels offer sod full prices, but all other kinds
much neglected. Fine foreign wheats though the