Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1847-06-11

The streets were thronged with Mexicans,
men, women and children, and all rugged off
in their very best"
From the Washington Union. Sd inst.
ARRIVAL OF THE HIBERNIA.
Eleven Days Later from Europe Great Rise
in Breadstu6s-Decline an Clifton.
The Hbernia reached Boston at 5 o'clock this
morning.
Corrox MARXET.--A further decline of ID per
pound was accepted Ivy holders of American de-
scriptions of cotton. The prices declared by the
committee of brokers. May IA, for fair cotton,
were-bowed, G. Mobile. 81; and Orleans, 6ad.
| The imports of the fortngh were 80, 1888 bales;
and for this year. 477.256. The estimated stock
of cotton in Liverpool, on the l lth instant, was
sos, $40 baes-at the time last year, $780,
a7O-lhe cby showing deficiency this year of
! 26,235 bales.
BREADsTUFFs.-The smalIness of the stock of
grain all over Europe has rendered the scarcity of
provisions more and more felt and, as high as
prices were previously, further important adj
vance has taken place in the value of breadstuffs
as we'll in this country as in many of the near
continental ports. Within the last fortnight
wheat has reached so high point as to put it be-
yond the reach of the poorer classes greatly
contracted consumption must, therefore, follow ;
and this may, perhaps, be the means of staying
any further immediate rise in the value.
Canadian red wheat lbs to lbs white do. las
to las 3D.. United States red l3s Sd to l. IS; white
do. las I'd to Ids Sd. Indian corn was worth SOS
to Sis ed on the l4th ult; on the 18TH it brought
63s to Cos per quartcr-4se lbs. On the 4th ult.,
we quoted Canadian srperfne flour at 4Os, Uni
ted States sweet 3?s 4Os Cd; but quotations on
the day of sailing show rise of rs Sd to IS per
quarter on the former, and IS I'D to 9s Cd on the
latter.
Provision MARKET-The market for AmeTi-
can-cured provisions keeps steady and, as there
is little or nothing of this description of goods now
arriving from Ireland, the importations from the
United States, in most Instances. meet ready
sale. The value of beef, pork, and hams, is much
the same as last noted. Bacon, however, in con-
sequence Of the scarcity of supplies. and particu-
larly of fresh meat which ranges from u to 81
per pound, is in excellent demand and the rates
now current are from Is to IS higher than those
last no ed. The arrivals during the last fortnight,
have been of IL limited character; and prices of
bacon have, consequently, advanced Is per 100
weight The prices no obtainabe vary from 42s
to Ass per loo weight. according to the quantity
There has been decline of Is to IS per cwt in
American tallow since the 4th May. That article
is now at AS to los per cwt. At present there
is no American butter in the market.
The MONEY MARKEr.-The amount of bullion
in the Bank of England has increased 10 the ex.
/ tent of a quarter of million sterling. This ia.
vorable circumstance has enabled the bank to dis
count more freely. even on bills that have had
|, much as three mouths to run. Advances were
made to bankers at 5 per cent. on promiscuous
paper. The favorable state of the American ex
changes has had beneficial effect on the market
The consol market, nevertheless. has been marked
| throughout by general heaviness. The position
I of affairs now is this The extreme pressure il
gone. but money still remains extremely scarce
and dear for the profitable prosecution of bust
ness Our quotations for all the several stocks
although lower than the closing prices of the las
steamer, must be unders God to be or 2 per cent
higher than he lowest prices during the interval
The present amsunt Of bullion held by the banl
! is estimated by very competent judges to be tel
= millions whilst the reserve of bank notes is neart.
four millions.
The market on the 29th was steady, with bu
little doing.
: FRAScE.-It was stated in the Chamber @
!, Peers. on the 10th OF May, by the Minister G
Il Commerce and Agriculture, that the prospects G
the hext harvest were extremely promising. Not
= withstandng this prospect, the markets continue
q to rise in various parts of France
J. Among the passengers in the Hibernia is tn
= countess OF Elgln.
y The steamship arrived at Liverpool on the lat
a of May
# MEXICAN PRIvArEER.-A letter from BARGE
Iona, under date of May Sd, says that the Mexica
n privateer Is Unco," # Vera Cruz, carrying on
l. gun and fifty.three men, had captured in the wa
d tiers of Aria, and brought into Barcelona, tn
# American ship "Carmelita." 100 tons, Captsi
l. Edwin LittIefield, from Ponce, P. r., with cof1e,
: to Trieste.
e QG-We clip the following article from tn
It New York Herald of the 4th inst. 1t will Civ
d our readers some idea of the effect which til
= recent arrivals from England have had upo
the markets in our northern cities. We hav
III no doubt but that the Herald is correct
d thinking that the present crop in the Unite
~ ~ States will be much larger than any former on
al Stimulated by the high prices which grain
d, all kinds have borne during the past wint
c. and spring, western farmers have strained e'
'e cry nerve 10 increase the amount for ne:
10 year:
T. The Ne,cs from Europe-Aduance in Brea
a. StutS-1remendous Excitement among Il
to Spectators.
as BY the arrival of the steamship Hibernia,
Nv Boston. from Liverpool, we have eleven days
he ter intelligence from all parts Of the cid world
s. The news is principally of commercial natu'
d and is unusually interesting. highly importar
,rt and exceedingly favorable.
The advance in breadsiuffs has been very gre
" much greater than we anticipated, although
looked for an advance, in the event of any impros
~ ment in the money market. Prices in Liverpo
'ee had reached higher points than had been realiz
a for many months previous, and the tendency W
- upward. 1t is impossible to restrain re upwa
'u- movement of prices. 1t appears to make very
av tie difference what the state of the money mari
ers is: food must be had and holders seem to have
" all their own way as regards prices. The RAJ
for reduction in the stocks in all the principal 20
Dr. Of the United Kingdom. is the best evidence
pa. the world of the deficiency 81 the domestic 81