The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-10-05

DEPARTMENT..
Rropristors' cap1. .fA,553oOo Goyt securite.
Public deposit: t Wexhs snaut vea $40
Guiding ,.xchequer Other securities. II so, 3st
Com%is.ionsrs Of doidaud silver coin sSSoss
National De- bit, and
opividndAccouats) s,l657s2
Seven day and other
bills. sl44s2
ssl5I42al EA,su3al
Dated the 10th day OF September, 1877.
PAnp BorRsr, Sept. 1873 O'Clock The openln g
prices OF the Rents were such as to excite great asrm
per cents being a. II 55c, and the ives at l3f 25c
being 45c lower THAI ne closing price Of The day
for both Every thing in fact looked exceedingly black
when sudden On set in ami brought matters up
to 75t FOR the g. and l3f 60c for the 5s About two
and closed Somewhat batter TIA the n" quotation Of
th preceding day The 3s closed at 75f 1885, and SIS at
ll3t 700 After the Bourse, the ss were at 75f loo.
llwy shares opened considerably lower but followed
the movements Of the Rents, rising aud falling the
cents did; they closed In general at about the
san'e prices as the day before
The Latest Commercial Review.
From the European Times Sept Ie1
WOO rval since our publication of the 4th inst has
be.Hi ID with series OF commercial disasters
preoe4oatad; The mischief has now spread from the
corn market TO other branches of trade. Mercantile
confidence seems completely unhinged; and the rumors
to when such state Of things gives rise
the existing by casting dou
upon the stability Of houses never before called In
question. The difficulty attending the curtailng pro-
ducon by stopping the mills In the manufacturing dis
ricts iusupersbs and at present. the operatives
the tho merchants and the bankers
quite perpexsd respecting the which should
be taken to relieve all classes Of the community
The cotton trade has been IN q very dull and gloomy
position since the sailing Of the Britannia the 4h
trade which forced upon the spinners and manufac
turers further curtanlsnt Of the consumption and
the Cambria which gave more cheering prospects
CARDS the growing in the United States It should
be ns'her observed that The lover qualities have de-
but the demand however, has not been increased In
consequence and holders evncs much anxiety to real
Ire During the week ending September II, 1t was a
most difficult matter to effect sales; and yesterday
prices were nominal or nearly The sales for the fort
night ending Sept II only 80 800 bales Of which
exporttrs took 6l2O American 500 Maranhau 100 su-
rat and 80 Pernan. The extent of specuators opera
lions during the sae period is 47O American and 350
Snrat. The stock in this port is about 900 bales
against 1000 at the period last year The
OF American Is estimated at $4,000 being decrease Of
l55 600 bales
The continued failures In the market, alluded to
elsewhere sufficiently account for the further depres
sion Ia the prices OF grain during the frat week of the
mouth. On the market day Of the 9th inst prices still
continued recede but towards the close the week.
both wheat and Hour we're In active request This i'm
provemtnt was further maintained on the market day
OF the 12h inst, when wheat advanced about FIVE sh
lrgs quarter the quotations OF the 9th inst and
hour for VIII Oh there was immense demand, both In
London and LIVERPOOL advanced 80 to per barrel The
top quotation for the best description Of wheat Is
per quarter whilst in Liverpool the best Western canal
hour which the LIST inst was quoted at 25s and bare
fetched that price, sells at from 29s to 30s per
r.l Indian corn also has been In more demand, aud
higher rates have been paid for It, and the market
at this moment appears firm; but large supplies
sdl expected from abroad, and harvest Is I'D
mtt' At al hands to be abundant one, 1t Ii very
doubfo whether further fluctuations will not take place
before prices reach their natural level Considerable
ard Holland in Consequence Of the diseased appearance
Of the potato crops in those countres these pur
chas.s have tended tn strengthen our markets. The
state Of commercial affairs and of the trade espe
caliy renders 1t matter of great difficulty form
correct jndgnsnt Of the future of prices. At
Mark Lane, both the 10th and on the i7th prices
Dv nj
wheat and the stocks Of tho houses which have failed
Peing withheld from the market, tended to produce
United States, by which 10 asceraped that no great
supplirs can come forward from that quarter con-
troued to create better feeling In the trade
tho present moment.
the demand for rice, both in the London and Liver
fortnight but we cannot note any improvement in
prices in the beginning Of the month, when reports
were in circulation respecting the potato rot
but the supplies toeraby large advance could
be obtained in the value of any description The value
of Carolina Is now quoted at 2is. I'd. to 23s 3D.
Cured provisions of all descriptions In steady
quest Irish butter Is more sought after and since the
ipstant prices have been gradually advancing In
tcla Ia now nch greater than OF the same period In
}s4i but against this there ia an increased consump
ton the deliveries Of this year. up to the same time last
being 600 frins greater Tho great failure of
the potato crop last having almost aunihAted the
supply of Swine in Ireland, 1t will be some time
der the favorable the supplies Of
bacon pork from that country will reach Its former
extent nsequenty must be prepared to submit to
high rates for these articles for time longer In fact
the demanded buyers to act cautiously
Tn. demand for s sorts OF American provisions is not
active what had aston to report In previous
publications The better descriptions Of beef would find
ready market at quotations. but The inferior quail
trs of slowly. Having but limited supply Of ba
con- both here aud in London, high prices readily
obtained American hams not easily sold and lower
prices have been taken The transactions In pork are
very triapg.
During rst week of the month sugar was In active
demand, both for home consumption and for exporta
ton prices being lower here than in the
markets Since that time the demand and consumption
have steadily but whether the present rates are
satisfactory to the planter Is more than doubtful The
friends Of the West India planter seem greatly appre-
hensve n the change Of system In the sugar trade
especially whilst the other hand tho advocates OF
Tres trade point TO the Increased consumption OF SUI
gar M one OF the most successful illustrations OF their
theory The abolition OF the restriction OF the use OF
sugar In dstierss and breweries has not realized the
expectations formed, only AHA tops having been us
encs the passing OF the act to the 9th OF July last an
aoosnt perfectly nspnidcant The total supply Of tro
pioa sugar by the estimate in another column, nclu
ding $4,000 tons stock Ia the ports Of Europe 3st
December 1876 supposed to b. 98l 900 tons The
ted states 80 COO which the supply
will IL Is calculated by the authority leave
plus STOCK 10 Europe on the 3st Dec, lS47, Of $4,000
tons being 10 900 tons less than last year The Dutch
sales Of sugar of the 9Th inst avoraby at an al
vance OF to three forms upon the sale In Juy last
During the present week the market in Mincng lane
grocery descriptions which and in great do
mand has been heavy, owing chiefly to the great dis.
tnrbonoe now prevailing In the money market
Coffee has not presented remarkable failure since
last The home trade having good supply has pur
chased with caution and It Ia anticipated tnat the
market will shortly be better supplied, from the large
The transactions West india are to limited
extent chiefly arising from the small quantity Offering
In foreign coffee the business done has been trng and
the article generally has experienced the effects Of the