The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-02-23


TIE accounts from Liverpool, Of Tuesday, describe
business having become very dul wheat was that
day freely offered at decline Of I'd to 3D. per 70b bar
ley receded TO the like extent and American hour was
procurabe Is to Is barrel below the extreme rates Of
the preceding week On Friday a further decline Of 81
per 70lb took place wheat and Western Canal Hour
was sold at 4Os 90 per barrel
The reports from the leading towns in Yorkshire are
other places in that quarter the reaction has been fully
as great
The markets in the agricultural districts have been
mere literally supplied this week than previous
occasion for past aud at the chief shipping
ports the east wheat has fallen from rs TO -
quarter portion of this decline must, how be at
tou'ed to the Indifferent condition in which the samples
have come to hand the damp state of the atmosphere
having caused difference in the Intrinsic value OF at
least 20 per quarter.
The arrivals of wheat coaswise into London have
amounted TO o7s7 quarters up to this Saturday, evening
which is rather more than we have lately been in the
habit OF receiving and further supply is calculated
on, great caution has been evinced by the mers in
making purchases. Tho quantity exhibited at Mark
ane by land carriage samples from the home counties
since Monday last however has been moderate indeed
there wss scarcely anything fresh up either Vednes
day or Friday, from Essex, Kent, Suffolk the show
consisting OF the few lots lett from previous
ceipts In most factors have declined to accept
lower terms and buyers having refused to pay former
rates, the transactions have been uniuporient Where
deciine Of "a per quarter has been submitted TO- diff
tho close OF the week this abatement in partial in
stApces acceded to- oders OF fortsn wheat have
inclined very firm the prices generally insisted have
ben about the same as those previously current and
besg above the limits Of the Irish orders comparatively
little business has been done in the lower descriptions.
The best qualities have been taken retail quantities by
local purchasers TOR the purpose of mixing with soft
conditioned English wheat and, In most cases. needy
buyers nave had TO pay very nearly former rates
ton in the wheat trade having rendered the bakers less
disposed than to add to their stocks. The mlers
have however, refraned from pref sng business and
quotations have remained nominally unsltered. The
arrival 1876 barrels OF -four from the United States,
here have occasioned little pressure on tho market,
and 4ls per barrel has become an extreme price.
The supply OF barley coaswise has been to fair
tent aud having in addition received 3,323 quarters
from abroai the quantity on sale has been fully equal to
tho demand. On Wednesday hardly transaction took
place in this grau but Friday the masters appeared
rather more inclined to buy and had sellers been willing
to take somewhat lower terms, they would probably
value ofbarley from the highest point may be estimated
at 70 IS per quarter and inclined to think that
the minimum has been attained least for pre-.
SENT the deliveries from the growers having fallen of
materially in different parts of the kingdom.
The sale of malt has usual been good deal inhu
enced by that Of barley and business in the former
article has been slow, at rather receding prices.
We have to report decided increase in the supply of
English OATS 1886 quarters having to hand from
our own up to this Saturday, evening; meanwhile
only 3S quarters have arrived from Ireland and though
the receipts hom abroad have amounted to 4720 quar-
ers the total arrival falls rather short Of half Of the
quantity required for the weekly consumption of the
ropos. ne liberation OF the bonded stocks coupled
with the increase in the arrivals coastwse have
heless suced to mpart very dull tone to the trade
and even at decline Of Is per quarter it has been diff
cult induce dealers purchase more than
Tor their immediate Whether prices recede fur
Their will depend entirely what may reach from Ire.
land that the English supply cannot be followed up
still have on hand for sowing
Beams have excited very little attention since Monday
ana on the WHOLE the turn has been in favor ef the buy
err We have heard of no sales of Egyptian TO arrive dur
ing the week
Peas have been freely offered and their previous
value has barely been supported.
Cargoes Of Indian corn on passage have not been
eagerly sought for as formerly, but prices have been
about supported
The sdvces received this week from the principal Me
dteranean ports describe the grain trade having
come very excited IN the papal States the export Of
corn had been forbidden aud prices had risen consdera
bly, In all the principal m " kets.
letter from Marsees OF the 23d inst, informs that
fosh Odessa wheat had commanded equal 20 Oils G3s
per quarter free on board ut that port Msrapopo $685.
aud Romelia 54s Our correspondent states that tine
snxeiy to secure wheat had become SO great as to
der the price matter OF almost secondary
parcels not expected TO for five six
been taken with as much avidity as cargoes nearly
81 hand and that the excitement was increasing day by
day.
from Trieste have letters OF the 2lst January 49,
Odessa wheat then quoted 53s Cd per quarter Tree
on board but the freight from thence to British port
was LA per quarter with 10 per cent.
From Leghorn we Learn that about 80 to IS cargoes of
wheat had arrived there chiefly bound to MarseIes -
The demand Tor the article had been active there
neighborng places and prices had advanced materially
Freight to England was % TO l0s per quarter.
The flamburgh mail Of friday had not come hand
up to late hour this evening; accounts from the
Baltic are, theiefJre not Of such dates usual
ACCORDING 10 tho latest accounts from DantZc the high
est Price OF wheat 63 to 65s per quarter but II is
more than probable that further has occurred sir
then.
At Rosock and settn holders had raised their preten.
sions and lew were willing to engage to ship wheat in
spring below GA TO G3s per quarter.
Al Hamburgh the AID of January, several purch a.
SEES oil wheat were made French accounts and Tor
upland red equal TO COS per quarter had been paid
We have worry important communication from Ant
werp dated the 2sih inst 1t appears that large number
OF French buyers had attended that market and had Ia
Ken oil all tho wheat and rye they had been able to
procure This had caused important rise in prices,
andthe former article was, at the date named worth
equal to 70s to 1885, and the latter OBS to 55s per
with every appearance Of a still further advance.
Since writing the ebove the HambuTgh mail of the 26h
mas come TO hind further purchases oil wheat had been
made there on French account, and the tendency OF
prices had continued upwards.
LoSDsN Cons MARKET, Feb. g. P. MAT this davis
market the wheat trade ruled dull for English the de
cline noted on Monday. In foreign, transactions
only OF retail character but holders do not press sales
at any further reduction The barley trade has assumed
more hrmness Oats are greatly depressed and the
offers received again lower other grain there
only limited business passing without any perceptibe
change IN value.
state Of the Foreign Money MarIsets-Thc
Dsa.n Of Bullion.
LoNpoN, jan Qualifications OF the rapid departure
OF gold continue TO he Observable. The Prince Albert
New York liner, which leaves Portsmouth to-day takes
about GEO 600 About f9O0 600 supposed to ha bee
Feb and policies have even been affected for consider
able sum by the steamer of the following month. The
rate now demanded for the lth Of February 3O the
business already done having been at rates from 5s TO
?as Tho movement towards Russia appears also to
large, and further of upwards Of flOO 600 gold
coin, will leave mediaely. The last private letters
from St etersburgh state the rate Of discount in that
city to be from to 10 per cent.
Feb 2-The premium gold at Paris is ten per mile
which, at the English mint price OF GO lis iO1sI per
ounce for standard gold, gives exchange Of rs 40
and the exchange at Paris London at short being
% S2h il follows that ,god is o30 per cent dearer in
Paris than in London.
By advices from Hamburg, the price of gold is AL
per mark, WHICH at the English mint price of c3 lis
loh per ounce'or standard gold gives exchange of
1873 aud the exchange at Hamburg London at short
being 10 3% il follows that gold 53 per cent desror
in Hamburg than in London
The railway market has been exceedingly gloomy all
day but the greatest depression Observable the
commencement OF business The slight rally that aer
wards took place is attributable the more favorable
state OF affairs in the 9th CT markets
LONDON MoNEY NiRxET, Feb. 3, IL M.-Public securi
ties have been inactive this morning with the prices
steady. Consos have been done 9O5T to eI and the
quotation IL now 81 There is difference in the price
Tor and account Reduced Three per Cents have
been done from 81 10 o6s the Threeand Quarter per
Cents from g36 to s21s and Exchequerbills pm
Bank Stock has been sold at 2O3 Foreign Securities
huNa haa In pIJ 40