The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-04-22

from the United States and abundant snn,i hverRooi
corn at Cork from various quarters.
We are however disposed to attribute tho lovnw.rd
movement more TO the effect produced on the minds Of
both sellers and buyers by the fine weather than to
cd with and very large proportion work has been
finished in highly satisfactory Notwithstsnd
ing the occupations in the fields farmers have managed
TO keep tho markets in the agricultural districts toers
bly, well supplied the desire to profit by the existing
brought forward has proved fully equal to the demand
and since The falling on in the purchases French
count prices Of the article have receded 2s quarter
az several OF The leading shipping ports the east
The duh accounts from London of Monday, have NO
doubt assisted to bring about this result and, from
present appearances further depression seems more
likely TO occur than any immediate rally
At the leading towns in Yorkshire very little business
has been done sellers having been unwilling to acceds
to the terms offered by buyers The reports from Hull
ana Leeds of Tuesday, without the slightest inter-
quarter lower At Wakefield on Friday business xss
not so dun and the sales made at rates within
senhsht' Inc stock OF wheat at that port esti-
mated ut only 81 200 quarters
From the western aud north western parts of the king
dom the advices are to the full dull from the plsoss
Already referred to- At Birmingham on Thursday With
smaller Quantity of farmers wheat sale than
That day week 1t necessary submit TO n Reduction
OF two to three shllings per quarter TO induce pur
chasers to come forward and Bristol, Gloucester,
ana heighporhg places, the decline has been to about
the same extent ~ ~
By our Scotch adyees it appears that tho dull ae-
wheat barley and oats had all been offered at reduced
rates as well as at Edinburgh and Gasgow
The reports from Ireland Of a more cheerino
character, the receipts Of Indian meal SC had
afforded seasonable relief and important decline
having taken place in prices, the extreme want pre-
viously prevailing had in measure abaed In the
northern and eastern parts Of the island farmers had
is to be apprehended that in the south west good
deal of land will remain uncultvated, owing to the
destitute state OF the peasantry and their inability to
raise the money for the purchase of seed.
The arrivals OF wheat coastwise into London have
been quite moderate only 394o quarters having come to
hand up to this Saturday evening neither has the
quantity brought forward ut by land
samples been by any means large but the inquiry
ing been exceedingly slow, the supply has proved fully
The sale Of English flour has greatly interfered
been pushed on the market The nominal top price Of
town-made has undergone change but ship samples
have been offered Is per sack lower Good brands Of
United States in sold on Friday at liz
to 2s per barrel below the currency of Monday
The arrivals OF barley have been quite moderate viz
26sl quarters coastwse 9oai quarters from abroad
Choice qualities Tor sowing havo met with some attcn-
on and for the best descriptions late rates have been
maintained secondary and inferior sorts have ON the
other hand, been very difficult Of disposal, though
offered at rather reduced rates
In malt the operations have been quite restricted
scale and the turn has been decidedly in favor the
buyer.
English and Scotch oats and from Ireland there have
been further arrivals the receipt Of quarters
scarcity being felt The greater of the foreign
lately received have been of very inferior quality and
these have consequently been extremely difficult to quit
at abatement Of Is per quarter Fine corn has
been in fair request for seed andl several parcels
have been taken for Ireland from SOS to AIS per
quarter
Beans have become almost unsalcable and on Friday
was impossible to place handsome parcels except
at reduced prices
Peas have also moved OF very slowly, with the turn
against the seller.
Floating cargoes of Indian Corn have been freely Of
fred at prices 70 to Is quarter below those Of Mon
day without tempting purchasers and but very few bar
The advces from the continent of Europe are Of a
more subdued character than has been the Of
ana the tendency OF prices about the middle Of the
n he orth of
Europe The weather seems to have been very fne all
's srDs tn h to
been the principal which operated to produce
the reaction in the grain trade
From Danzig learn under dato OF 10th March, that
holders Of wheat had rather given way stu prices were
very high there 6ss to los quarter having boon paid
for high mixed in granary, and Cos parcels
verable in four or five weeks after date for sale The
weather had for days been mild and was cslcu-
lated that the ice in the Vistula would break up BY
about the end OF the month Charters had been closed
ut the following rates For Liverpool IA lid o. por
quarter Tor Anwerp 80 HORNS per last and for avre,
At Stettin the 22d inst, business was very quiet
II was expected that the navigation would a days
be open; notwithstanding which but few bargains had
been closed in Wheat, and prizes had remained nominal
y nnaltered Red Pomeranian aud silesian Of 90 lbs
weight had been steadily held at 67s aud white Sesinn
Of the same weight at 6ss. per or, free board.
From Hamburg our letters are OF Tuesday last since
the previous post day the value of wheat had undergone
rather important decline and good heavy parcels OF
red such had week before been worth 7s had been
freely offered at os per quarter free board The
action had been caused by tho fine weather and the
faiiing of in the French demand
n From the southern ports the accounts of the Wheat
trade still continue Of rather n lively character
Letters from Leghorn of tho 18th inst state that pur
chase5 OF Wheat had been made there for tho Roman
states which, with good demand for local consumption
had causol former prices to be well supported Large
rivals of wheat from Egypt were expected; but It
not Thought that the supplies from thence would affect
prices
At Trieste the 18th March Wheat was also in good
request aud rather dcarer, The stocks much
diced, which would IL calculated prevent any re-
duction in quotations, In those parts of France which
prices have risen considerably in consequence OF the
prohibition OF the export from the latter country but at
Paris and the surrounding towns both Wheat Flour
had rccoded materially.
London Financial Affairs.
ttrom the Liverpool Mercury, April IL
CoRsniLL, Wednesday Evening.
Notwithstanding the Russo French convention
whereby the Golfers Of the Bank Of France received
influx of e. and the large purchase OF rents
py eneen 'hrstlha our great hnanciers will have 1t
that we are approaching perious period They make
no allowance for the decided improvement In NJ
the foreign exchanges the restored condition credit
IN inc continental money markets. but they invariably
elevate the finger Of caution and point America az
the spot from whence the overwhelming shock IL to be-
anticipated Now, although you well know that my
doctrine is prudence every occasion where the pros
pect Of crisis seems imminent and that always like to
SEQ careful lookout kept still must confess that the
haunting manner In which been recently told by
the metropolitan papers to furl In sail much
alarm me as IL may others
When know that things are riyhtjng ON TIM copti.
nent-whon know that the money markets. of Paris
Hamburg Amsterdam and st Petersburg are better
than they were six weeks ago--and when also know
that there IN cash in abundance for all legitimate NOR
camille operations then am much less apprehensive Of
the dire consequences which predicted as key to
result from the continued cux Of the precious metals
to the United states. was talking to-day to party
high in authority in the bank parlor Well acquainted
ms that gentleman with the operation Of the
he seems to be little fearful myself Of an increased
How Of treasure across the Atlantic His own pthy re-
mark will show his feeling" What" said he arc we
to be frightened Mt loss Of 900 or 600 600 10
America out Of stock Of bullion between fIaoOOoOO
and fl5OOO0OO In amount With the great drain Ill
ready occurring have 4 600 left aud spare
n little more, II tho Yankees will have IL ~ Besides
he continued people talk about payments and
such like nonsense; but If they would only reflect u
little, thev would recolect that the ordinary
course Of business Of these purchases have been
long since drawn for and schargcdn
And must that do agree with him In this view
Of the We spare little gold II our trans
atlantic brethren require but then they will not be
able always to keep the metathey will TO nav AZ