The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-09-21


Thus showing decrease of fl ,s92 744 In the crcula
ton OF notes In England and decrease of f3 92 sol in
the circulation Of the United Kingdom as compared
with the corresponding period last year.
The average stock Of bullion held by the Bank Of Epg
land In both departments during the month ending the
l4th OF August. was f9,4l0,3ll, being decrease Of
ES2 TAO, as compared with the preceding month and
decrease OF as compared with the same period
last year
The stock of specie held by the Scotch and Irish banks
during the month ending the l4th of August, was
fa7lO,2a9, being a decrease of f66eal, as compared
with the return OF the previous month and decrease
OF o6O 424 as compared with the corresponding period
last year.
the creditors Of Messrs Lesley Alexander Co. held
to-day 1t appeared that the liabilities of the firm
600 instead of f4OO Oo that the assets which
at The date Of the failure it hoped would reaizs 20
In the pound. will not yield more than ss
The ballot for governor for the remainder OF the
year, in the room of William Robinson, Esq, who
has disqualified continued until four O'Clock yesterday,
when the scrutneers declared the votes in favor OF Mr.
J. Morris
The Latest Commercial Review.
[From the European Times, Sept
The continued in the money MARKET and the
failures which have occurred in the corn trade
still render it out of power to announce improve
ment in the general trade of the country Whilst how
our manufacturers contemplating cessation
Of their operations and other branches Of industry
exceedingly depressed the colonial markets. especially
for sugar still exhibit considerable buoyancy, and i'm
porters would, doubt, under more favorable circum
Our corn market since the 10th ult has experienced
again serious decline of prices The top price Of the
best description of wheat was at that time quoted at
about CTS to 6ss per quarter the same quality will not
command at this than sos whilst the best
American flour in Liverpool barely sells at 25s per Dbl
On market day Of thc 10th ult prices in Mark lane fell
about per quarter During the week succeeding fall
Of or IS more took place. on the 3Oth further decline
OF about So to rs was esabshed and
ke In Mark lane wheat again sold at from % to 3s
Or reduction bringing down to the present rates. In
Liverpool the fluctuations have not followed the London
markets invariably hitherto perhaps for the
that the depression Of prices has been less extensively
disastrous her than in London; Indeed, during the
week succeeding the 10th ut prices OF American flour
rallied shilling two, but two failures in the
trade occurring, prices again gave way During this
eventfu period the weather. with intervals Of some in
errupton has been splendid for gathering In the har
vest which, far it has proceeded bids fair to be
average for wheat and fully for barley
and oats. Some endeavors have been made to create
alarm for the failure Of the potato crop and in this
neighborhood we have instances of disease but
comparing all the various which have reached
from Great Britain and Ireland, of opinion
that however In particular partial damage may
eventually arise upon the whole 1t bears not the most
remote comparison with the destruction Of the past
year and in Ireland the abundant cultivation of other
escuents renders any partial damage quite of secondary
Importance In Indian the losses to importers will
be enormous The price of best Indian in Liver
is not higher than 26s to 32 per quarter of 40 b
This article has been in extensive demand for feeding
cattle, and large quantities. damaged know to have
been taken for OF manure at prices below the
current value Of guano.
Since the sailing of the Caledonia the cotton market
has been in very dull and inanmate position and pri-
for American descriptions have receded from I'd to
I'd per h. The trade continue to buy sparugly and
this likely be their plan some time to come un
less decided change for the better takes place The
sales since the 10Th ut are Al $40 bales of which 2l0(
American and 45O Surat taken speculation
$3.50 American 200 Pernam 80 Egyptian, and $50 Sura
by exporters The imports OF all descriptions during
the period 7l6 bales From the tenor of the
advces brought by the Hibernia 1t would appear that
the yield Of next seasons crop will be below average
Should this be the 1t will undoubtedly prove most
discouragng circumstance for the manufacturers this
| country.
American cured provisions are in moderate request
Full prices paid for bacon of fine quality whilst the
inferior descriptions and smoked hardly find buyers
The supplies of beef are still limited scale prices
therefore, well supported but the transactions
ported only of tridng character The better qua.
lily of cheese sought after and is scarce but
ly arrived finds buyers with much difficulty at Oils The
transactions In pork are limited and hams are
rather unsaleable.
The tobacco markets, both here and in London have
been rather firm during the past month, and stesdy
prices for American descriptions have been obtained
The transactions, however, are upon q more limited
scale and although they may continue 1t is likely
that the value of all descriptions will be maintained
least until more favorable accounts received from
compared with that of 10 6 is now ais hhds less Will
in London is l4l9 hhds greater Havana sorts have
met with good demand in London and advanced prices
are reported to have been paid.
In consequence of rumors of potatoe disease--whch
by the way, disposed to regard with
| tion-rice has met with rather a better demand and
prices during the week ending August 81, slightly i'm
proved; but the arrivals Of breadstufs. both from
America and the continent Of Europe, a large
SCALE tie demand both here and in London has rather
fallen of during the last few days. prices however
ON the whole, steadily maintained.
|
other branch of business during the last fortnight
aided by the extensive orders on railway account it ha
nos u1as uep,esson 30 general IN commercia
continues In good demand, and full prices paid
better feeling prevails in market for salt and
there larger quantities being exported prices
with degree of greater frmness Since the 10Th ult
the following expectations have taken place. viz Tie
Baltimore 95l tons white Boston 97l do; Halifax 3s5
do; Miramichi, 10 bags do New Orleans 926 do; New
foundand 1871 do; New York $50 do; Philadelphia TO-
do; Portland 800 do; Portsmouth, AS, 400 do Pctou
In nnnS IN do md IN
Sugar since last, compared with other articles Of
produce has not participated in the general depression
succeeding the 10Th ult, and British West India met
with ready buyers During the last the
has indeed improved, and brown descriptions Of British
plantation have advanced about Is, and grocery
Cd to Is and merchants generally disincned Il
further sales unless at greater advance The marke
Is altogether firm The arrivals in London exceed thu
past year by 81 TONS and the stock is heavier b.
10000 tons nevertheless the home consumption d
greater by l4Oo and for export by $780, the prospect
for the future considering steady consumption nov
going are satisfactory The transactions in foreign
sugar have been lattery pretty extensive floating car
| cwt while Bahia 25s.; brown 2ls. The demand TO
crushed sugar, refined in bond, is less owing the di
minshed means Of the In the south of Europe
Most of the articles classea under the head of
stores in good demand As the stock of turpentin
In this port is chiefly held in hand, buyers win
have been very cautious in their operations and onl,
purchased to supply immediate wants obliged t
pay advanced prices The sales OF American rosn hav
been made at higher prices The sales of are limi
ted the article comes forward slowly and Is exhausted
The state OF trade Throughout all the manufacturing
districts Of the United Kingdom Is gloomy and unsatis
factory This remark applies both to cotton and wooen
fabrics. The late accounts from India-the stringent
and unaccommodating character Of the late
OF the Bank OF England In enforcing Oh cent for dis
counting paper of short date-the aud heavy
failures which have taken place in the trade
rumors of the temperance OF the potato disease
all tended to depress trade In the districts alluded
Our usual monthly report of trade in and around Man
chester will be found elsewhere; and the from
Yorkshire show that the trade in the Halifax Piece hal
Is duer than usual scarcely any goods finding purchas
The yarn market also, has been decidedly hatte
through the last week. though the low rates long
rent not being equal to the cost prevent any givn
way In price AS to long WOOL the staplers anxou
sellers at old prices and short wool remains without nj
teraon better prospect seems to be before the
ufacturers Of woolens in the Huddersfeld district
The most recent advices from Leeds state that very
few goods changing hands at the Cloth. halls there
At the same time activity Is expected and price
remain steady for every description Of woollens
The condition OF the money market has not undergone
improvement since the 10Th ut The succession o
xRhich haxa