The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-09-21

large lmp0rtaCOno OF goods
induce the hope that The anticipated mischief Which The
failures this side may create i'm the United States pfU
great degree, De eonn eracted In the meantime,
it cannot be concealed that great DISTRESS exets
and avery improvement In the Bank weekly returns n
watched with Intense degree of interest," In order to
found thereon confident expectation Of an,aora
ton The Bank rates of discount continue az before
stated at 81 cent for bills under two months and
to ga for longer dated paper However at the break
ing up of the Bank Court on the ID inst II was an
that loans would be made until the i4th Of Oct
the reduced rate of 1--WE per cent This S
the late stringent measures of the Bank tend to
assist the msresne community whilst it avoids holding
present be reduced permanently.
The amount Of railway calls during the present month
The funds have fuctuated considerably. From about
s716 our last quotation they fell the 26th umo the
settling day, as low as s6H, but have since rallid
noble lady defaulter in time bargains but her ac-
count arranged during the day before name was
fluctuations during the week. Consols the
Account $3.50; and for Money s7Sd to s7sd; Three
Long Annuities to i-l6; Exchequer Bills 1000,
to premium ditto $500, to premium; ditto, small,
| 9 to 10 premium; India Bonds. discount
Tn. foreign market has exhibited remarkable fea-
ure since our last The latest prices were for Dutch
Four per Cents se2 Portuguese 24s4 Five per Gents,
81 Brazilian, "a; Russian l0s; Spanish Three per
| Cents, 292<
Advices from Paris slege that it is the intention of
the Bank of France shortly reduce their rate of dis
count from five to four cent If this be true it
only be with view of facilitating the egotiation of the
French loan The prices at Paris the LIST inst
were the Three per Cents cash. 76 7O for account
IS sS Five per Cents for cash TO- account lls
| Markets
| , LIVERPOOL CoTToN MARKEr-FOr the Week ending
August 27-The proceedings in Cotton market dur
ing the past week brought about little change in
prices Of American descriptions has there been any
relief to the duness and depression which have been
long in existence. Brazis, account Of their great
scarcity rather higher What matters of interest
have occurred bearing upon market, have been
external to the Cotton question ITSELF such the fail
ures in London and here also to smaller extent,
with the trade and the often repeated diff
| lad W. mott been
oveaid by questions Of this kind hardly be doubt
stock would have given prices an upward tsndency ra
ther than the reverse AS It is our quotations remain
very dull and the spnnes pursuing proatless or losing
business the result Of which likely drive to
500 surat have been taken on speculation and 1000 Anne
rican for export. The total sales of the week
ao7lo bales George Holt Co.
throughout the week; for although there has been
some demand from exporters the operations Of the trade
in their favor but without causing any material
alteration In last weeks quotations Spectators have
taken 1900 American, and 800 Surat, and exporters
1880 American. The total sales of the week amount
to 20,7 10 bales.--United Brokers.
For the Week ending Sept 3d-There is SCARCELY
novel circumstance of any kind, connected with
the proceedings of this market throughout the past
week. The same depressed and dropping state which
have noticed for some weeks past still continues and
from the same causes In the scale of prices of this day
and Of Friday last, we notice very little any
change indeed the present lghtness of stock would
to give security to the existing scale of quota
tons, and any improvement in the manufacturing dis
trcts would be at sensbly felt amongst U.S. 500
American and so Surat have taken speculation
and l450 American $50 Surat 30 Egyptian and
mans for Export Sales for the week. 20,60O bales
.4nother Reporl-The dulness noticed last week still
pervade the market demand having been
almost entirely limited to the necessities Of the trade
There is little change in prces the qualities of
American may, however, be considered Sd per pound
taken 300 American $50 Surat and exporters l45O
american, 200 Pernams 80 Egyptians, and $50 Surat.
sold during the past month The total sales for the
week amount to 10000 bales. United Brokers.
| LIVERPOOL MARKET Sept. 4-Ashes-A considerable
advance taken place in the value Of both pot and
pearl 500 bs Montreal pots sold to arrive at aes and
some few barrels landed have brought 32s pearls have
advanced to So, and are exceedingly scarce Hides
The transactions not important but the market is
steady and fair inquiry exists Among the sales we
note $500 Brazil at 4d for dry sailed and Sd for wet
been made at the quotations The stock in hand very
small. Observation-Disclosures the want of commercial
trade, the difficulty in obtaining discounts at
moderate rate bills Of the first character the di
employment in the manufacturing districts the iron
trade continues steady and all those engaged in 1t pro-
ftaby employed The principal source Of this continued
employment is in the requirements of the numerous
railways in course Of construction throughout Great
Britain and Ireland not only for rails but for stations
engines wagons carriages REPAIRS and variety Of pur
poses, for all of which iron is the principal material
CURED. This demand will continue for some length Of
time and until its cessation no material reduction in
the price be reasonably expected Judging by past
experience low prices Of provisions result
later in manufacturing activity and cheapness of mo-
ney but what effect the free trade measures recently
carried out may Immediately produce, remains to BIZ
discovered but ultimate result not only to this
but to all other nations, will be highly beneficial
terrain no doubt. The demand for manufactured iron
continues very good, and the quantity exported has
been above the the turnout the workmen in
Scotland continues and from 30 to 40 furnaces in that
district still out of blast but owing to the difficulties
in the money market, there is speculative demand
but rather disposition to realize, although the stock
in hand is inconsiderabe The following the
merchant bar, go Is Cd; best rolled, flO los;
hoop, Ell los; sheet, Ell l5s; nail rod, fl0
| Naval Stores-The demand for turpentne is steady
bp sold at 9s and 100 to 1900 at I'D cd per
cwt which Is above last quotations The sales of
tar are confined to small parcel Of Archangel at ss 80
per cwt or American rosin 800 bbs have been sold
At 2s l0d to 3s for common and IS for good light Oils
continue in fair request at full prices lao uns
ported being sold during the fortnight at prices vary
ing from f33 to EAT TO- according to description and
quality In fish and seed oils there is nothing fresh to
notice, the business doing is very limited Oil of tur
pentne is in moderate demand, and prices continue to
advance. Palm at f33 los to f34 per tun; 20 tups
neutrality-suspicious. last report the sales
Of beef are limited; the supplies, however, fall
ing OF, which will lead to greater demand and
the sales have been to fair extent in We note
that the advertisement for the government navy
tract for this year does not restrict to Irish for
merly The quantity required is 1000 terces pork and
5000 tierces beef The improved demand for bacon no
come much reduced. Fine sorts command full prices
and freely purchased than middling and infe
rior Hams continue quite a drug There is no i'm
provement in the quality Of the imports Of cheese the
sale in consequence is very slow really fine article II
much wanted. There has been sweeping demand fo
lard the sales since last exceeding 800 tons. W.
quote advance Of % to So per cwt with the stoci
reduced Butter Of home production Is in dull re
quest the better qualities not reaching 9Os Owing
scarcity of grease butter its value has advanced
Rce-In the early part of the past fortnight there
rather enquiry but it has somewhat abaed prices
however, higher than when the Caledonia sailed
The sales reported since that time comprise 600 casks
Carolina at DOS Cd to 1885, 10000 bags East India at Ia
tn ifs fnrm m n fin
and lbs Cd to lbs Cd for broken 5000 bags Madras
have also changed hands at l3s per cwt Saith,
recent shipments have been a extended scale
and prices are in consequence somewhat irmer-
They follows: Best fine slowed for bags lbs Sd
to ls ditto handed squares l3s Cd ditto shute lumps
2sto l2s Cd; fishery IS Cd marine and butter
los Cd river freight 3s dock and town dues I'd per ton
raowThs market has partaken Of the general depres
sion and during the past of st. Petersburgf
Y @ has haen off Cd Aaa be called