The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-08-30

49,
~ should have much more extensive business done
only by the trade for consumption but also IN
are about 2so0 bales The sales Of the past week
% $40 bales and include $3.50 New Orleans at Sd to
ast YEAR were quoted Il sx .ns "a @ re-
spectivey The estimated stock Of cotton Liver
pool about se6s00 bales, against 900 at the
period last showing deficiency Of 379 500 bales
Against this deficiency there reduced ption
UP till this date In S46, the average weekly consump
tion amounted to 2e6s5 bales this year 1t Is only
~ 222 bales The mportations this year up pre-
sent date estimated at 769l3 bates which $50
bales less than at the same time in 1886.
Cured provisions are in steady demand At the Lon
don market American Bacon Is selling at COS TO- 65s
ss dse n y At u.s. to
good supply there, and the quality continues to i'm
prove.
ket met steady sale during the week ending the 7th
instant; prices however. declined shade. During the
vous rates and consumption Is going at the
tolerated rate at which 1t has proceeded since the reduc
Messrs Hughes and Ronald in tina report of the Wool
market. make the following remsrks-There has been
fair demand for foreign wool this month but less doing
In Peruvian sheep wool; average quality unwashed
fleece held ut 3D. which Is rather higher than the mar
ket will shord
which continue reach from mort quarters relative
the bine, have again to report very heavy de-
maud at barely the late depression 10 value some o0n
With the present prospect that likely to be realised
Sussex pockets f3 ss to ca Wead Of Kent ditto "a
the reduced prices Of coffee and the
fair o. the article the iSr nrss
supplies brought forward at public sales have tended to
damp the market and prices have scarcely been main
taiued Foreign coffee offers novelty to report the
supply Is not large and prices are frmer than for Br
fish Plantation.
The general convulsion which has taken place In the
money Market together with the decline in the price
Of grain produced already many serious
The following houses have been compelled to suspend
n
Messrs Lesley Alexander & Co.; Messrs Coventry
& sheppard; ann Messrs King and Melvn-in the
branch Of business at Liverpool Messrs Sampson
Langdale & Co: at stockton-o Tees; The Hon
merchants in London have been under the necessity Of
yielding the pressure of the times and the affairs of
with the Mauritius have proved be condition to
render suspension of payments necessary on the part
Of his executors Many minor failures have occurred
stopped payment on the London Corn Exchange alone
estimated less than 81 100000 At the official
meeting Of the Bank Of England directors, the 5th
ins the minimum rate Of discount declared to be
5k per cent At this rate only short dated bills
discounted the rates reaching even OF ior long dated
to 8sH, when the above official announcement confirmed
the report which have already given OF the previous
Monday, and consos Immediately underwent great de-
PRESTON having been done at s6H they then rallied to
81, about which price they have fuctuated since
to X for time, and in consequence Of sales fell to
81 to for money, and s7 s7H for the present &C
count The latest quotations were at .! 20 ior time
count which opens after the 26th Instant at SIX to
Three and quarter per cents are 90 to a Reduced
threes, SIX to " Exchequer bills, discount to IS
prem. Bank stock; 1851 to ~
The Foreign market has been sensbly affected by the
in
stock markets. in anticipation Of the effect ofthe French
loan Mexican has fallen considerably; but the tenor
the advices by the Britannia just arrived will prOba
bly, have improving effect The latest prices Of yes
terday l7X to 1874. Spanish Ewes aoh to Il the
ss @ ~ 70 DasS
woauda Half per Cents, are widely quoted at 65h to
6k the Fours, ssH to sh
not been buoyant during the present month as
the outward steamer sailed. combination of
cumstanoes which hope only to be OF temporary
duration-namely the stringent state Of the money
market and the difficulty OF obtaining higher rates for
manufactured goods together with the heavy failures
Yorkshire and Lancashire. The continuance Of fine
weather enabling to reap and secure the splendid
in the money market and the receipt Of orders from
abroad will once more give healthy tone to both the
cotton and woollen trades Of England
thus writeA material falling Of in the export Of dry
goods has been in some degree compensated
shipments Of iron and earthenware, which have beer
abundant especially to New York and Boston, 80 that
vessels have been loaded easily though rates continue
low Passengers have offered freely for New York; but
to Boston, Philadelphia, and New Orleans many cap
tains decline taking emigrsnts at all in consequences OF
have been subjected. For New York-dead weight
pays 9s to los per toni fine goods oOs hardware
l5s earthenware, 7s Boston-dsad weight, lbs Cd to
l5s fine goods DOS; hardware, 20s; earthenware 6s
Phiadelphia-dead weight, los to lbs I'D; fine goods
20s hardware COS; esrthenware Is Cd to g. New Or
leans-dead weight 1885, fine goods aos; hardware 2Os
earthenwsre, So.
The Corn Trade OF Europe
From Winners Times, Aug IA
LoNpoN.Ths market has been In dull and depress-
ed condition since the date Of last report and prices
have further rsceded, with continued downward ten
dency The business transacted the 9th limited
and the rates last quoted sustained with difficulty
Flour was So per sack under the previous weeks rates
whilst little or no demand was made for Indian corn
Owing to the large arrivals -four was depressed on the
18th, and for wheat the inquiry was limited but full
lected Mark lane in quiet state yesterday, Aug
10 Both wheat and -four ruled dull and prices were
shade lower than the 9th No business was reported
On Indian Corn or Indian meal.
to-day hot and sultry, but quantity Of rain ap
pears to have fallen in many parts OF the country
brought the ruling rates Of Monday We had fair at
tendance Of country buyers who took moderate guam
ty Of foreign but all contract their operations to mere
retail purchases Barrel -four in fair repute 1t ben[
relatively cheaper than wheat Grinding barley steady
| at our previous currency.
Although our arrivals Of oats moderate there wal
improvement in price at demand but dull sale a
late SO few transactions occurred in other grair
| no change In value can bs reported
THOMAS UsBoRNE & Sow, Contractors,
New London street, Aug l3
| LrvERpooL--The weather has been rather unsettle,
during the eight ten days. consequently holder
OF grain and grain produce have been disposed to maxi
the most of it. with the view Of enhancing the value
every article in demand The extensive arrivals which
have lately taken place both from the United State
and the continent Of Europe have tended to Keep pri
ces from rising At the market held the 6tn instant
wheat was langudy sold ut advance OF % to 3D. pei
10 lbs an improvement OF Is to 2s Cd per barrel
uaidfor flour but the transactions were limited. In
dian corn and Indian meal taken sparngly at ou
| last quotations On the 10th wheat In moderat,
demand the rates of the 9th nst but -four
what cheaper-say to Is per barrel Yesterday there
was fair attendance Of buyers Sales Of wheat wer,
made at a de cline Of 3D. to I'd per bushe and nonr
which the supplies large found difficulty in obtain
ing from 25s as per barrel Indeed the chief sale
we're made at 26s In the morning sale of both houl
and Indian meal made the former Is reported t.
realised only 20s and the latter lbs Cd per barrel
| AVERAGE PRIcE GRAIN.
| Whf Briv. Oats. Rye. Bns. Peas Flou,
July a.......s 81 ~ s2io Is q go