New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-08-30
Commercial Affairs.
OHIIIIFTtEHT = UfII-s
From Willmer's Liverpool Times, Aug. "A.


ceedng tn. excitement 81 general election. CONNER
cal affairs have not improved since our publication OK
the 4h inst The pressure for money has ncr Hsed con
,i5erably snd general cstrust continues 10 prevail not
withdrawing declin prices OF grain and The certainty
of harvest Of than average abundance The pro-
ducs markets however have exhibited Considerable
share Of activity sud the main articles OF general con-
sumption readily find buyers.
The steamship Britannia. Capt Harrison. with dates
from Boston of the let arrived here last night after rs
pd passage OF - days hours Her letters were deiv
cred AZ the ncenen of busness this morning and
I'D 20 eleven O'Clock neither the Corn Cotton markets
had experienced aDy change in prices. The former will
however no doubt experienced artherds cline outthe
latter IL IL expected will eighty improve 10 prices ne
London papers of this morning published her news
through private express which ~enta"ay coon ser
the steamers arrival
The failures In the Corn Markets Of London. Liver
pool and sligo together With very large arrivals oi or
eign grain. have produced complies paralysis oil bus
ness snd the dealers only supply themselves for the I'm
mediate wants. 10 almost tend 10 mslead our readers
at distance 10 quote actual prices since each success
sive market day exhibits the uusscines Of the trade
The farther reduction in prices recorded 10 our hst
number Of the 4h inst when Wheat was decning from
about 7Os per quarter for the best description m the mar
ket was checked by the fall Of rain parts OF the
country and At the Corn Market IN London OF Mondy
lest prices ner 80 the currency Of the previous
Monday New Wheat sold at about 6-s per qusfter
But still the business was limited During the S't IL"
days the weather has been ese unsettled Hnd te hte
walls OF fine weather hs-e been warm and genial Inc
markets hs-e sccordaey sssn declined. and tnc nigh
est price OF the test description OF Wfcst IN London
the best American Flour has fallen IN Liverpool 10 POS
Der Dbl Much lower for best Western Canal Flour
reported with very low quots'ions for Indian Meal
bat real transactions have taken place aud We only
aude To them ss indicating the jownwerd tendency Of
the market.
nous and during the three months as the ebun'
dant new produce of the continent becomes available,
will doubtless continue. The fluctuations Of pficea
before the close of the year will inevitably be very great
abOnt that time when Il navigation OF M ryers VIII
be closed the stucks and th wants OF England and
the neignbonng countries are better as,ertsnfd' the
rket may N, become more steady Tho relai rs )
d-tnand aud supply under the syssm OF free trade
ia grain will find their level aud future prices be regu
lated accordingly The accounts Of the produce OF the
continental crops sti OF the most sal.sctory cha
racter during the past week we have not heard 81
single instance OF damage TO the POtsto crop while AZ
the same period last year the disease bad become DIE
uncty developed The Corn marketn Mar lane yesteT-
day dull and prices barely equal To Monday TAi"s
but Friday this s generally the case a. i'ue business
i done No farther failures had transpred. American
Flour beiog relatively cheaper Than Enghsh mas been
taken of the London market rather largely at2s 10 ~
The Cotton market has been Ia quiet state during
the past eight ten days and although the Tenor Oi
the advces which have recently come ~ hand respect
ing the prospect Of the supplies throughout the United
ststes would advance in prices st'li IS the
Money market has been In such ieverish and uneasy
position and the weather or less unsettled At seve-
raj times during that period there has been decline Ia
the value of most descriptions There cannot be doubt
but il all uncertainty Was removed respecting the mar
In this country and the bank screw again relaxed
not only by the trade Tor consumption but also IN spec
ustou aud for export The sales since the 4lh nssnt
are about - 500 bales The sales of The past week are
- $50 bales ana Include 9.biO New Orleans A. ~ 10
Il 1900 Alabama 81 10 I'D These descriptions last
year quoted al q 70 I'd and I'D 10 BAD respective
~ The e.timated stock OF Cotton now IN Liverpool 10
aoJut 1916 so bales sgsnst 40 300 At the same period
year showing deficiency OF 379 500 bales AeSns,
/ this deficiency there Is reduced consumption W MI
this date in 1896 the average weekly eomsumpuon
amounted - O-J bales this year 10 Only Tx
]
date are estimated 10 9l3 bales which Is 1850 bales
less than At the same time ia le46.
Cured provisions are Ia steady demand AT the Lon
don market American Bacon IL selling At Coz n Dos
middles OF Pork Soc 65s Cheese II quoted Al ass 10
SOS and Hams so. TO 7Os OF all these articles there 10
good supply there and toe quality continues to i'm
For all kinds Of Hops owing the favorable accounts
which continue 10 reach us from most quarters relative
to the blue have agsin 10 reports very heavy de-
mand at barely the late depression In vaiue. some par
tes have estimated the duty ss high a. 4AOOOO WITH
the present pro'prc, the sum ' likely to be realized
Sussex pockets e lss 10 81 Sc Weald OF Kent diio
"a - to IS Be Md and East hen ditto IS IS % 4 per
owt
The general convusion which has taken place - toe
Money market together with the decline IA the price
of Grain have produced already many s-rious iiurcs
The following houses have been compelled 10 suspend
their payments Messrs Charles Douglas Co 3
Msssrs Lesley, Alexander Co Messrs. Coventry
. & Sheppard and Messrs King & Melyil-in the Lon
don corn trade M-ssrs. Perm & Co. In the same
branch OF business Liverpool Messrs Ssmpson
q.
Frazer, Nelson a. Co respectable West lnda mrr-
chants In London. have been under the necessity Of
yelcing 10 the pressure OF the times and the affairs OF
Mr. Ed~srd Robinson. recently decreased. who traded
with the Magritius have proved be in condition 10
render suspension Of payment necessary on The part
OF his executors Many minor failures have occurred
Meeting OF the Bank OF England Directors, on the 9TH
inst the minimum rate OF discount was declared 10 oe
81 per Al this rate only short-daied bills were
discounted the rates reaching even o. Tor ong dated
paper The money price OF COnsos had fallen already
10 s. when the above official announcement confirmed
the report which have already given OF the previous
Monday and Consols Immediately underwent great de-
preston having been done 81 col they then rallied TO
S. about which price they have huctuAed siuce
Yesterday they opened a. ~ 10 for money and ut
for tme and In consequence OF sOfne sales iei 10
- 10 for money an ASA for the present account
The latest quotations a. = 20 Tor time. win q
weak market Quotations mace for next account
which opens after the 10Th inst Al s7i % Three snd
squarter Per Cents 60 70 l. Reduced Threes - 1
to Exchequer Blls discount 10 % prem. Bank
I Stock 1857 10 u.
The OF trade In the manufacturing districts has
been buoysnt durag the present month ~ when
the issi Outward sailed. combination OF cT-
cumstAnces which hope only 20 h OF temporary
durator-nsmey the strin gent state Of the Money AZ
ket and diisuy OF obtaining higher rates for man
uscured goOds together with the heavy failures ~ the
grain Tade-hsve tended TO cast gloom IN oOn YORK
shirs and Lancashire. Ine continuance Of nne weather
ensbhog reap and secure the splendid grain crops
Of these kingdoms greater accommodation In TIE No
ney market and the receipt OF orders from sbroad VII
once give healthy tone 70 both Ine Cotton and
woosn trades OF Englsnd.