The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-04-11
HIGHLY IMPORTANT
COMMERCIAL Intelligence.
The Decline in Cotton.
State of the Grain Markets.
Il q a n FIR o M r q s s 7 A
TO THE
BANK OF FRANCE,
SHIPPING INTELLIGENCE,
Arrival Of the Sarah Sands
at Liverpool.

The packet ship Washington Irving. CAPTAIN
Caldwell, arrived at Boston at 7 o'clock yes
terday morning, from Liverpool. whence she
sailed on the evening Of the 2lst ut.
We are thus indebted to our little neighbor,
Boston, for European news seven days later than
any before received. We are beaten this time by
a Down East packet, and we acknowledge the
corn. That's fair.
Our Liverpool dates are Of the 2lst.
The intelligence to this date was transmitted
to the NeiD York Herald office, over the telc-
graphic wires, in flashes bright and as bril-
liant as the flashes of the cannon at the bonn
bardment Of Vera Cruz and S. Juan de UlIa.
Annexed is the news.
The Sarah Sands arrived at Liverpool on the
18th.
The Constitution, Capt. Britton, arrived on the
Goth, with damage to spars, SC.
The Sarah Sands would leave Liverpool on
April LIST for New York.
The steamer Cambria from Boston, arrived
at Liverpool on the 10th, with damage, having,
on the evening Of the 4th, fell in with floating
bed of ice, and injured her paddles and sides;
but her firm build and appointments enabled her
TO surmount all difficulties, and bearing south.
she escaped further danger.
Mr.. O'Conne's health was daily improving
at Hastings lie walked daily on the esplanade,
and took carriage exercise.
The Earl of Shrewsbury and Sir James Murray
had visited him.
The Emperor Of Russia has purchased from the
Bank of France the greater portion of the French
per cent. stock, held by that establishment, to
the amount of 50 millions of francs.
The treaty was concluded and signed by the
Government and the bank, and the Russian
Charge, and approved by the bank directors, on
the next day. As soon the fact was known, 3
per cents rose l franc Geo ccntimes,) but after
wards receded.
The French papers, though allowing that the
transaction gave immediate relief to the bank,
yet were alarmed at the power thus obtained by
the Emperor Nicholas.
II seems that the first advances in the business
came from the emperor himself
All kinds of cotton had declined Id. per b.; but
atthis reduction purchases in Upands, which were
placed at Gid. per b. could not be made TO any en-
tent The total sales OF the week, including 1900
for expectation, were l6,450 bales.
The Times states that Sea Island forms an
execution in the downward tendency of cotton,
being firmly held, and commanding full prices.
English and Irish flour being extremely diff
cult to sell, each was nominally cheaper, and
American in slow request at all abatement of two
shilngs to two shillings and sixpence per Dbl.
Indian corn--in the absence Of further orders
from Ireland importers being generally more
urgent TO effect sales, a reduction Of four shil-
Iings to five shiIiags per 1870 lbs, was decidedly
established
The accounts from America, just received
however, quote extravagant rates for grain
and flour, which, with greatly advanced
freghts, and low rate Of exchange, would
scarcely clear themselves at the present currency.
Indian corn per $50 lbs free 65e. to 6ss.; Indian
meal per l96 lbs, free, 3ls TO 32s.
Flour 1876 lbs, US. sweet. free, 4os. to AIS.
United States and Canadian, sour, free, IS TO IS
billings pence
The London corn trade was very firm Oh
Wednesday, March 18th, for wheat, English and
foreign, Of which the supplies wero only small,
and much below the great demand which exist
ed for immediate use, from the matters, and for
expectation to France, although higher prices
had not been freely paid. The business had
been at fully the prices Of Monday, and sales were
generally refused unless at higher rates.
Indian corn, Of which the arrivals were larger