Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1847-03-26
FOREIGN NEWS.

Irrfyal of the Hibernia-2s days later from
EUROPE Decline in Four-Firmness Of the
Cotton and Corn Narkets-The Money
Market, &c.
The Steamer Hibernia arrived at Boston on
Friday last. She brings dates from Liverpool
10 the 4th Feb, % days later than received by
the Cambria. We are indebted to the Balti-
more Sun for the items of news below, bro't
, By this arrival -
The money market had been unusually
steady, but tending generally towards de-
cline in Consos. Government was resolved
10 take loan of g8,000,0OO. The biddings
for the loan took place on the lst March, at
the Treasury, when the Messrs. RothschiId
and Messrs Barring and Brothers were the on
" bidders, on terms satisfactory to the gov
eminent. The loan was divided between them
as offered viz at g89 los. for each hundred
pounds. The three per cent. Consul Scrip OF
the new loan has borne 3-4, 2, 12 pr. CT
premium since The fall in Consols was a
bout .3-8 Or. CT, and the latest quotations were
go 3-8 10 go l-2 for present transfers, and go
l-2 to 90 5-8 for account. Consul scrip Ia
10 3-8, and new loan Ia to 3-8 premi-
nm. 3 Ia pr cts. 90 ga to 90 1-8 3 pr. cts
go 3-4 to 81 l-8.
Exchequer bills S. TO 5s premium.
COTTON MARKET-There has been
some revival in the trade, with considerable
inquiry from exporters and on speculation,
and the prices generally have been slightly in
favor of holders. The market however, closes
quietly and no change can be made in the
quotations.
H public sale, $50 bales common Sea Is
land were offered, but only 20 sold, at I'D.
to 10 3-4d There were taken by spectators
$500 American, SO Egyptian, and $50 Surat
The sales of the last week were 26,14O bales
Report from FEB. 81 to March 3.-Procee.
dingS during this period have been rather
more active than for some time past The
sales were about 1880 bales, portion Of
which was taken by spectators and exporters
There is not the least change in prices since
the Goth ult., SO that the quotations then cur
rent stand unatered Fair bowed Georgia
Cotton So to 3-4d.; Mobile ga to ID.
New Orleans I lid.
CORN MARKETING Corn trade has
been in very fluctuating condition during the
month of February. At the time of the sail
ing OF the Cambria, the price of meal contin
ued TO give way, occasionally rapidly, unit
from the commencement of the reaction, thu
reduction amounted altogether to from IS. Il
los. per quarter, and flour Is. to IS. per Dbl
II might he that this decline, under the actua
position of supply and demand, was too rapid
or commenced too earl y or that the nature O
the discussions in Parliament renewed tn
confidence of holders and warned the fears O
buyers. Towards the close of last month re
newed confidence was observable, and buyer
again came forth from IRELAND in consequence
Since the upward move again commenced
there has been an advance on wheat of from
al. to Sd. per 70 lbs, and in -Four of abou
IS. 6l per Dbl. Oats and Oatmeal remain
steady, but don't sell freely. Indian corn ha
of late given way from is. to IS. per 4s bbl
and Beans Is. to 3s. per quarter. At our las
market, the prices paying were for genera
runs of American meal, lis. to 12s pr. 20 lbs
For American Flour, sweet, 39s to 42s som
35s Cd to 36s 6I per bbI Indian corn
white, Cos 10 7Os., and elbow US. to lbs
per $50 lbs. Egyptian beans ASS. 10 sos pc
quarter. Irish oats SIS. 4d. to SIS 81. per 4
lbs.
= AS TO stocks. we. make no comment. n
duties are now payable, SO that they are nc
so well ascertainei, but as far as regards de
mand the last market closed steady, althoug
with less buoyancy than might have been eS
pectel Various reasons anl opinions ar
aaoat as to the possible supplies OF breaisuf
which we can procure during the present Sc;
son of famine ana distress, basel on the mo.
recent intelligence from America.
We believe there is COOL cause to exPet
that from the opening of the last eight or tie
days, the receipt of Corn, Flour, &C., will
light, and this added to the continuance
considerable exports to Ireland, has caused tn
market to have very firm aspect, and price
have since returned as regards wheat and f1ou
milan corn is still continuing in great requis
ton, and demands the high price of 69S
72s. per quarter for white Other kinds
corn are cheaper.