Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1847-06-08
FOREIGN NEWS.
From the Nep York Journal of Commerce, June s.
Arrival Of the HlbernIa.


From the Nep York Journal of Commerce, June 81
Arrival Of the HibernIa.
ELEVEN DAYS LATER FROM EUROPE.
The Steamer Hibernia reached Boston att o.
clock this morning, from Liverpool May isln'
eleven DAYS later Than our previous advlces. Inc
substance of the news, as communicated oy lele-
graph for the Journal Of Commerce IS mere SUD-
Joined.
The last quotation for flour at Liverpool was
5os bbl The quotation Tor Mobile Cotton is
probably TOO low
LlvERpooL May l9.-The Cotton trade has
suffered severely from the pressure which has
prevailed in monetary circles. A better leellng
has however begun 10 manifest llseli, SINCE ner-
chants have had leisure TO peruse the aaVices
brought by the steamer Gambia. A greater
amount of business is doing, and prices have an
advancing tendency. The sales OF the io5lni .
ending May 18th, were $3.50 bales. OF this
quantity 4 100 American were taken on specula-
ton: 800 American for export. In the course
of The week ending May l4th further decline
of one-eiebth penny per pound was accepted by
The holders ofAmerican descriptions. The prices
declared by The Committee of Brokers, May 18th,
for lair cotton, were,-Bowed 6td. Mobile do;
Orleans 6id. The imports of the fortnight, 49,
1893 bales; OF this year, 472, 256
The estimated stock Of cotton in Liverpool on
the l4th May was 5l8,500 bales at The same
time last year, 7S0,67O thereby showing deh-
cheney this year Of 262, $40 bales.
The smallness of The stock OF grain all over
Europe, and The consequent dearness of provi-
sions, become more and more felt, and high as
prices were previously, further and important
advance has taken place in the value OF bread
stuffs both 10 this country and IN many oil the
near continental ports, within the last fortnight.
The doubts generally entertained whether
enough will reach US from foreign countries 10
make up tor the home deficiency until the next
harvest have been the cause Of The late advance
and we must admit that The shorness OF the
supplies from the growers, the rapid diminuion
of the stocks in The granaries OF the different ma
Rhine ports, and the general tone oil the advices
from abroad, have afforded ample grounds for ap-
prehension. Wheat has, however, reached so
high a point as TO put ii beyond the reach OF The
poorer classes. A greatly curtaied consumption
must therefore follow; and this may perhaps be
the means of staying any further immediate rise
in.the value. Canadian red wheat lbs I'd TO las;
white las 10 IDS 81; United States red lbs Cd to
Ids; white at Ids Sd 10 IDS 3d. Indian corn was
worth Sos 10 5ls Cd on the Alb inst Yesterday il
brought 63s TO Cos per quarter of $50 lbs. On the
4th we quoted Canadian -four al 40s 10 Ais per
bbl., and w. sweet at 80 to 40s cd. Our quota
tions today show a rise Oi seven and sixpence 10
8. per or on the former, and IS Cd 10 IS sd on
The latter.
The latest accounts from the Continent show
that much scarcity prevails in several parts bat
as the navigation was opened, large supplies were
expected 10 come down the rivers in very shor
time, whereby the wants Of the people OF those
countries would mol only be supplied, but numr-
rous cargoes would be transported 10 this King
dom. Accounts from Smyrna, dated 3Oth April.
mentioned that grain had further declined in
value, and that the accounts from the adjacent
localities on the subject OF the crops were de-
cidedly OF nature greatly to allay future anx-
iety, whilst the estimates made Of the quanti-
Ties available for present necessities exceeded all
previous returns
TosAcco-Nearly 500 hogsheads sold 10 the
present date, consisting chiefly OF Virginia and
Western strips, taken for Ireland and home con-
sumption. In prices no alteration TO notice
MONEY MARKET.-The pressure upon the mo-
ncy market has been more severe than has been
experienced for years past Matters, however,
appeared TO be improving during the last week
There has been an increase in the deposites 10
the extent Of FIVE hundred and seventy thousand
pounds while the rest and the reserve have also
Increased considerably. The bullion has in
creased TO The extent of quarter Of million.
These favorable circumstances have enabled The
Bank to discount more freely even on bills that
have had as much as three months 10 run. Adj
vances are made 10 Bankers al ST per cent. on
promiscuous paper The favorable state OF The
American Changes has had beneficial effect
upon the market. The Consol market, neverhe-
less, has been marked throughout by general hea-
viness, and the belief is general that the Cham
cellor OF the Exchequer will have 10 fund por
ton OF the Eychequer Bills now afoat in Liver
pool. We are glad TO state that The payments
Of the present week, which are supposed TO be The
koau ynn LODI far
the Hbernia will take out The news OF all engage
menls fulfilled.
The pressure during the last fortnight has been
most intense; but by extraordinary efforts and
sacrifices, credit has been preserved. The posi-
lion of affairs now is this the extreme pressure
is gone but money still remains extremely scarce
and dear-far too dear for the profitable prosecu-
lion of business. Our quotations for all the Sc
yeral stocks, though lower than the closing prices
of the last steamer must be understood TO be one
10 two per cent. higher than the lowest prices du-
ring the interval. A very decided improvement
took place between the 9Th and 18th inst There
can be no doubt that The bank is in steadily i'm
proving condition. The present amount OF bull
lion held by The establishment is estimated by
very competent judges TO be len millions; while
the reserves of the bank-notes IS nearly four mil
lions. The market to-day is steady, with little
doing.
Several corporals ana privateS OF Inc GuardS
have deserted, and proceeded 10 Mexico, where
some of them have obtained commissions. II is
said that Mexican agents are busily employed in
seducng the men 10 desert.
FRANcE.-It was stated in the Chamber OF
Peers on the 10Th inst, by the Minister OF Com
merce and Agriculture, that The prospects of The
next harvest are extremely promising. Notwilh-
standing this prospect, however, The markets con-
linue To raise in various parts of France The
account Ut an investment by the Emperor of Rus
STA In the English funds, has produced great
sensation in Paris II has deprived The recent
investment in the French funds of its character
of exclusive friendship 10 the French government.
Among the passengers of the Hibernia is The
Countess Of Elgin.
Merscan Priuoteers.-A Barcelona date Of The
Sd May, states that the Mexican priyateer Uni
co. of Vera Cruz, carrying one gun and So men,
had captured in the waters Of Africa, and brought
into Barcelona the Americans ship Carmeta
Capt. Edwin Liitlefeld, bound from Ponce. P. r.,
with coffee, to Trieste.
1.-THE Cormeli,a, belongs 10 Barsor, Me-, is PIG
tons burthen, and is partly insured in this city.
GENERAL ORDER.
The following General Order was read on boa rd