The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-07-20

| Decrease. observation-disclosures. 1888
HI hidesThs stocks are very moderate, and sale:
FreightsThe arrivals from every quarter have beer
unprecedentedy small and freights have advanced Tn
10 to Europe and vessels remain unengaged Specie
has been in fair demand Spanish dollars $1,000 2o2o
patriot do, lS40 O 1850; patriot douboons 2OneOO.
Exchange has declined, and the transactions for the
| packet OF the Sd, are at 27H q aid
MANCHESTER AND LIVERPOOL, July 3, 1877
Our last advices of the 18th ult reported considsra
BILE decline In breadstu Since that date the foreign
arrivals particularly Of -four from the United States,
have been heavy beyond precedent and this occurring
generally favorable reports Of the appearance of The
growing crops, not only in the British Islands but
still further depression; and consider the decline
upon wheat as being I'D to % 70 lbs -four Is to rs
meal s a. unon tb Ann as
other articles sharing in the depression SO much less
than the usual quantity Of wheat is Offering In
agricultural markets that the interior has to make
slant demands upon the ports The high price of this
grain however diverts the demand to -four which Is
one quarter or another there is constant though va
riable demand The supplies of Indian corn and meal
have been too heavy for present wants though they
are still extensive Another of the depression s
the wretched condition of many of the late arrivals both
Liverpool and the Irish ports and their being conse
arrivals of Canadian wheat and -four in fair condition
their value assmiang pretty much to that Of States
produce The hay harvest is proceeding avorably and
crops are good AS regards potatoes the reports still
very contradictory the balance certainly being in favor
Of their success The time for determining this point
is not yet come and however it may turn, there is
doubt that the quantity planted is very much less than
usual (not we conceive more than onethird the usual
extent !; the land which would under ordinary cir
cumstances have been 80 employed, being sown with
turnips or other crops applicable animal
than human food In early districts harvest may begin
about the first week In August but the general harvest
must be two or three weeks later The tive months
will be a period Of general interest The food ques
ton Is Interesting not only the British Islands
but to 1--WE may almost say the whole world,
tent perhaps never before known the stocks OF each
country being 80 far encroached upon that existence
almost depends upon the result of the coming harvest
IL all goes on WELL may revert to moderate but not
low prices but in the event of only partial failure in
any consuming country the balance Of de-
mand and supply now 80 critically adjusted, may be de-
stroyed. and much dsarrangement Already
hear from Odessa that drought has caused
jury Tin some districts almost total destruction) in the
territories supplying the extensive exports of that place
These remarks, however, upon a subject dependent
weather and other uncertainties offered merely
as passing considerations Wheat United States white,
los I'D los Sd 10 lbs req 9s cd l0s; Canada white.
los I'd los Cd; Indian corn, New Orleans white, lin
condton) a2s ASS per $50 lbs. yellow 4Os AS ship
damaged and heated, 30s 32s Northern white, AIS
45s do yellow, 44s 46s and the supply far exceeding
the demand. Indian corn meal almost unreasonable
nominay worth 20s per bbl; Flour prime western ca
nal, 34s 34s 3D. Baltimore and Philadelphia, 33s
33s I'd; Ohio and New Orleans sweet, 32s 33s sour
| 29s a 30s
| AMERICAN STOCKS LoSpoN.-Barings' Circular O
the Sd inst says The advices from the United States
have raised the nominal prices but without produc
| ing much business, for the holders are firm, and thu
SIS dollar o. to CO. do Sterliug 81 to g. Indiana SIS
40 to Al Illinois, 40 to "A; Kentucky 90 to % div
Louisiana U. b., 1862, SO to ST. Louisiana Con Asso
citation s0 Massachusetts, Stg 100 to lO2; Marylan,
6s Stg 70 to "a OK coups; do Dollar 6's, s0-buyers
Mississippi Planters so to 3d. do Union Is to 49, Unit
ed States Bank shares l5st to It's; Ohio 6 80 to 90
div; Pennsylvania SIS, "a to rs: South Carolina, 1866
81 to Sc div do l6566S SO to 90 do Tennessee 6s
80 to %; New York State SIS, 80 to 80 ex div"