The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1847-06-19
STILL LITER.
Arrival 81 the Steamer Hibernia.

DAlAL AVI IE0, III
Arrival Of the steamer Hibernia.
We stated in our evening edition yesterday.
that this steamship had arrived at Boston, at
3 O'Clock, on the morning Of the Sd inst. She
dates to the 10th ult., which are eleven
days later than those BY the Rainbow,
The following accounts are taken from the
Times, which, il states, were hand
ed to it yesterday, at P. NJ, and are copied
from the NeW York Herald. They are extreme
y vague, unsatisfactory and obscure. The
quotation Of Orleans Cotton is 8 3-8d. This
Il Id, lower than on the Both April, when the
figure for Orleans fair'was SD, and I'd less
than on the 4th, We find no notice Of the
from the l4th to the 10th ult., aud no
quotations Of Flour later than previous dates.
We understand, however, that on the 10Th it
be 5Os.-N 0. Bulletin.
With regard to the quotations Of Cotton,
we hope that further accounts by to-day's mail,
will prove that fair Orleans should be quoted
at Sid, instead of 6 3-8d, Bowed should be an
! lower, and Orleans I'd higher than Mobile.
From he Commercial Times.
In connection with our neighbors Of the
RcGyune, we have received BY special and ex-
traordinary express, twenty-four hours in ad-
vance Of the mail, the following important
advice from Europe, by the steamship Hibernia,
which arrived at Boston on the Sd inst.
We copy from the New York Herald:
The steamship Hiberniia, Capt. Ryrie, arrived
at Boston at five o'clock this morning, She
sailed from Liverpool on Wednesday, the 18th
ultimo.
1t is almost unnecessary to say that the news
to the commercial classes is particularly inn
portant.
The cotton trade had suffered severely from
the pressure which prevailed in the monetary
circles.
A better feeling, however, began to mani
fest itself after merchants had leisure to peruse
the advices brought by the Cambria, which ar
rived.at Liverpool on the 18th Of May.
A greater amount Of business was done,
and prices had an advancing tendency.
The sales in the fortnight ending on the 18th,
were $1,000 balesi Of this quantity 4lOO A me
rican were taken on speculation, 1900 Ameri-
can for export. In the week ending on the
18th, a further decline OF one-eighth Of a pen
ny per pound was accepted by holders Of
-
American descriptions,
The prices declared by the Committee Of
the Brokers, on the l4th, for fair cotton were,
bowed 6ld, Mobile Gid, and Orleans 8 3-8d.-
The imports of the fortnight, 1888 bales this
year, 479,256.
The estimated stock Of cotton in Liverpool
on the 18th, was 5l8,5OO bales; at the same
time last year, 78O,87O; thus showing a def
cheney this year Of 262,S7O bales.
The smallness Of the stocks Of grain all ovel
Europe, and the consequent scarcity of Proyi
sions became more and more felt, and high a
prices were previously, a further and imPortan'
advance had taken place in the value Of bread
stuffs, as well id this country as in many 3
the near continental ports, within the fortnigh
ending on the 18th.
Quotations on the 18th ult. show a rise Q
Is. Cd. to IS. per quarter on the former, and g
, sd. to 9s. cd. on the latter.
The supply in the kingdom to carry them o.
/, 10 next harvest, and the doubt generally enter
tanned, whether enough will reach Englan
from foreign countries to make up for the HON
deficiency, were the causes Of the late advar
ces; and we must admit that the shOrtness 9
the supplies from the growers-the rapid dim
a mutton Of the stocks in the granaries, at tn
. different maratime ports, and the general ton
( Of the advices from abroad, have afforded an
pie grounds for apprehension,
The market for American cured provision
t. kept steady, and as there was little or nothln
! Of this description Of goods arriving from Art
e land, the importations from the United State
in most instances met q ready sale. The alu
f Of beef, pork and hams, was much the same
Il last noted. Bacon however, in consequent
! Of the scarcity Of supplies, and particularly
n fresh meat, which ranged from Tad. to Sd. p'
II h., had an excellent demand, and the rat'
> were current at from Is, to 3s. above those la
noted.
i The pressure upon the money market ha
been more severe than had been experience
for years past; matters, however, appeared
t. be improving. In the last week there had bee
an increase in the d%eposites to the extent
re FIVE hundred and seventy thousand pound
III which the rest, and the reserve, have also 4
IF creased considerably.
The bullion has increased to the extent Of
IL quarter Of a million, these favorable circur
Of stances enabled the bank to discount mo
,e. freely, even on bills that have had as much
iy three months to run; advances were made
bankers al 81 per cent on promiscuous pap
for The favorable state Of the American excha
gos had q beneficial effect on the market.