The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-06-04
E3O,6l6,36l
f306i6.361 ''''''''
Dated the 18th day of May, 1917
h hove accounts compared with those OF last week.


decrease of Circulation Of ssa ais
Adsceise Of Public pspG,s ST 3s 72o
decrease o, other Depo or u 22OO73
A decretse I" poil;on Of .......... 25l,043
An aerssss Of Resi- Of 80 ss' ssa
An increase Of Reserve Of ...'........ 4za'Szs
rbs ,mount of Notes in actual circuln. sEl9 800
Ditto OF sevea day and other bills..... sl376o
Rank of England Circulation at May f2O. 100000
Amount Bullion both departments is. .fs5ss,75s
Commercial Intelligence.
From the European Times, May TO-
The past fortnight has been one OF much anxiety ana
great trial in commercial circles Although occasional
y here and there symptoms of an improved trade have
manifested themselves, STILL generally speaking there
has been "a complete stand in business. This has been
caused by the high price of provisions the scarcity of
money and the prospect of farther drains upon the
sources of the country to meet the impending trials
by the of food in ireland and the scarcity
of employ ment in the manufacturing districts
The importatons of foreign and colonial produce have
been pretty large extent since the 4th instant and
merchants have literally supplied the markets but
dealers have become cautious in their operations at
the time they beginning to buy freely OF
articles of direct consumption at small cessation in
price All articles, however being the material OF
manufactures. continue depressed and neglected.
The trade has suffered severely from the pres
sure which has prevailed in monetary circles The
transactions In TINS article during the iortngn. nave
been small and prices are now considerably below our
last quotations better feeling has however begun TO
manifest itself since merchants had leisure to peruse the
advices brought by the steamship Cambria greater
amount of business being done and prices nave an
advancing tendency The sales of the fortnight ending
MAY Ia were 1850 bales of this quantity 400 Ame-
rican taken speculation $500 American, 800
Pernam aud 200 Surats for export The limited ex-
of the demand which has prevailed caused holders
accept prices consequently from the LIST to the
7th decline of 4d. to 3sd in American, and I'D to bd
in all other kinds -staped not excepted estab
lished During the of the week ending May Ia,
q further decline of per ID accepted by holders
of American descriptions The prices declared by the
Bowed, 61sd Mobile, SD. and Orleans, ed The
imports OF the fortnight are 32333 bales this year
472 The estimated of cotton in Liverpool
the l4th instant 5l9500 bales. At the same time
last year it 7sos7o thereby showing a deficiency
this year of 262 $40 bales.
The smaness Of the stocks of grain all Europe
and the consequent dearness of provisions become more
further and important advance has taken place in the
value of breadstus well in this country as at many
of the continental ports within the last fortnight
The that there not be sufciency OF food in
the king lom to carry to next harvest and the
doubt generally entertained whether enough will reach
from foreign countries to make for the home de-
cency, have been the of the late advance; and
we admit that the shorcness of the supplies from
the growers the rapid diminution of the the
granaries at the different maritime ports and the gene
of the advces from abroad have afforded ample
grounds, for apprehension Wheat has however. now
reached high point to put beyond the reach
of the poorer classes greatly contracted consump
tion must therefore, follow and this may perhaps be
the of staying any further immediate rise in the
value. On the 4th instant quoted Canadian rec
wheat at lis to lis I'D white ditto lis Sd to lis al
United States red lis Sd to lis ia; white ditto lis o.
to lbs 3D. Yesterday 1t was sold as follows
Canadian red wheat I3s Cd to lis white ditto las t.
Ids 3D. United States red 1873 Cd to Ids white ditto
14s Sd. to IDS sd Indian Corn was worth Dos to 5ls
cd the Attn inst Yesterday it brought OBS To 66s
per quarter # $50 lbs On the 4h inst we quoted ca
madam flour at 40s to Ala per bril- aud United
States sweet at 39s TO l0s I'd. Our quotations to-day
show rise OF IS % TO Ss per quarter on the former
and s., cd tn Va id on the latter he latest accounts
from the Continental markets show that much scarcity
prevails in several parts but IA the open
ed up large supplies were expected TO come down Tn.
rivers IN very snort time whereby the wants vi tht
people OF those countries would not only be supplied bu
that numerous cargoes would be transported TO thes'
kingdoms. Accounts from smyrna. dated 30th ult
mention that grain had further declined in value
that the accounts from the adjacent localities on tn
subject OF the crop were decidedly OF nature greatly
alay future anxiety WINE the estimates made OF TN
quantity available Tor present necessities exceeded al
previous returns
The market Tor American cured provisions Keeps stea
dy ana as there Is htte or nothing OF TINS description
S sov ,h if;,d s,ats in noe, ns,ancs rt d
saIa ' Tb xaIna oS haef norD and hams ia mncb m
~ a. 10 1911 p.op ri hn,vavar ;n oons.nn.nn. .
$500, ~ ,r,,;s u.s., i,,iar,, % 81 -,
hjoh a - tro "a tn Of nar III Ios an x,aIsn
S III ,h 80 ~. -. i pr. 49, 80 f 1m "a go a.
above those last noted or shees. the arrivals durn,
..s,.tt -. 80 20 . -, Sc 80, -
prices have consequently advanced Is per cwt III,
ricss now obt.n,b yayv from l1s IN 55s Nor cwt no.
pn,;,, " onsI't TIL, has ~ Jaciina ~ Js n,
"a nar cwt IN American tlow since the ath inst That
ar,irI ~ nov soi ar al. 70 i6s Nor cut Ar nresent
th =; 80 a go hnt,.r IN RI p,narLat NV
sugar has been i'm moderate but not
both 81 London Bristol Iiv,pnoo and Glasgow. and
I,ho"ah 90 iobn Rnssen has nron'issd ,n e. S into
The pronretv of nrobibiting the nse of
grain in dstieries the price of ali desriptious has
1Tath.r dnc ning tendance The nse of sugar in Jist
ras of gran ~ond of courss rais its nr;ce a.
IN eytra ouantitv 70 the exent of 1900 TONS wpnld he
wanted vaeLv rbs rsf,.d market has recoyered from
;tsdnrasson hst,er husin.ss ia no doins ord nric.s
ara np tho advances Iumns to mass the Standard ar.
~ ,n.s ~ co ca -. W p k.o a :.
sSs IA " ~ W. " ' ~ ~ e''
tn cog.o r,.rLa. raua;,s In a d,u and a.nrossaa
state The onlv descrntion in which there has been
49, roorar.n, worth notice since onr last Re-
v,, 10 native Tevon The value OF this artcl. ia now
Is IN Is 6d higher than that given in our ouoatons
90 10 Ist ;nst now sells Mt rather irrerular
nrices but not ON the whole below those current at
baginn;ny of the month Holders unwilling to accent
the prices offered have, during the last week taken in
about 44OO bags Of Porto Rico offered in public sale
Rum of every description with increased atten-
ton aud prices continue to advance The is still
less than il last year although there are further
arrivals whilst deliveries for home pton
expectation continue to improve.
p;. bas dad vary oreat a,tent,on d,r;r, tbo
-aa,r nart NJ the last I've weeks ,rha sxc ta,sn,
s.;ah hs nrev.ijsd seems however IN be on tha a.