Boon's Lick times. [volume] (Fayette, Mo.) 1840-1848, 1847-06-19
IMPORTANT FOREIGN NEWS
BY THE HIBERNIA.

Cotton-Cdpture of an American duer'
chairman by a Mexican Priuateer.
The Hiberaia arrived in Boston at five
o'clock Thursday morning, having sailed
from Liverpool on the 10Th ult. and was
consequently fourteen days and half on
her passage.
The news she brings is eleven days la
ter than that brought by the Rainbow, and
is Of great importance in commercial view
especially.
Flour had advanced to sos per. barrel,
and corn to 63 a 66s per quarter.
The cotton market had considerably de.
clined.
Mexican Priuateers.-A Barcelona date
OF May Sd, states that the Mexican priva-
teer Unico, of Vera Cruz, carrying one gun
and SO men, had captured in the waters OF
Africa, and brought into Barcelona, the
American barque Carmelita, SO tons, Capt.
to Rico, to Trieste, with a cargo Of coffee.
We learn that the Carmehta was fine
barque, about two years old, and owned by
Messrs. Amory, Stetson & Co. OF Bangor,
Me. She sailed from Mayaguez for Ponce
to complete her cargo, on the tenth OF
March. Ga the Goth of that month she
sailed from Ponce for Trieste, with cargo
of 5,646 lbs. OF coffee.
France.-It was stated in the Chamber
Of Peers on the 9th May by the Minister
Of Commerce and Agriculture, that the pros
poets Of the next harvest were extremely
promising. lwithstanding this prospect,
the markets continued to rise in various
parts of France.
The following summary OF the markets is
compiled from Wilmer & Smiths Europe
an Times OF the 10th ul,:
Money Mdrket.-The amount OF bullion
in the Bank Of England has increased to
the extent Of quarter Of million sterling.
This favorable circumstance has enabled
the bank 10 discount moro freely, even on
bills that have had as much as three months
to run. Advances were made to bankers
at 81 per cent. on promiscuous paper.
The favorable state of the American ex
changes has had a beneficial effect OF the
market. The consol market, nevertheless,
has been marked throughout by general
heaviness. The position Of affairs is now
ths-the extreme pressure is gone, but
money still remains extremely scarce and
dear for the profitable prosecution Of
business. Our quotations for all the sever.
al stocks, although lower than the closing
prices Of the last steamer, must be under
stood to be one or two per cent. higher
than the lowest prices during the interval.
The present amount Of bullion held by
the bank is estimated by very competent
judges 10 be ten millions, whilst the reserve
OF bank notes is nearly four millions. The
market on the 10Th was steady, with bur
little doing.
Cotton.--A further decline OF 1-sj per
pound was accepted by holders oil. Amerl.
can descriptions. The prices declared by
the committee Of brokers, May l4th, were
as follows: For boweds6 led; Mobile 6
I'D; Orleans SD. The imports of the
fortnight were 32,333 bales-4and up to the
present time this year, 477,256 bales
The estimated stock OF cotton in Liverpool,
on the 14th ult was 5OS,5OO bales. At
the same time last year there was 78O,87O
bales-thereby showing a deficiency this
year Of 272,37O bales.
Grain und Flour.--The smalness Of the
stocks OF grain all over Europe, and the
consequent scarcity of provisions being
more and more felt, added to the previous
high prices, had occasoned a further i'm.
portant advance in the value of breadstuffs,
as well in England as in many Of the near
continental ports, within the last fortnight.
Wheat has, however, now reached so high
point as 10 put it beyond the reach of the
poorer classes. A greatly contracted con.
sumption must therefore follow, and this
may perhaps be the means of staying any
further immediate rise in the value. Can
adam red IS to l4s per 70 lbs, white do.
las to las Sd; u. S. red l3s Cd 10 las;
white do. Ids Sd to las Cd. Indian corn
was worth sos to Sis Cd on the 18th ult
On the 18th, it brought 65s to 66s per
quarter.
On the 4th ult. we quoted Canadian SUI
perfine flour at 4os; United States sweet
39S to 40s Cd. Cur quotations on the day
OF sailing show rise Of Is Cd to 8s per
quarter on the former, and IS Cd to IS Cd
on the latter.
Prorision Market-The marke, for Amer.
lean cured provisions keep steady, and as
there is little or nothing Of this description
Of goods now arriving from Ireland, the i'm.
portations 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 conse.
quence of the scarcity Of supplies, and par.
ticularly Of fresh meet, which ranges from
"a to 81 per pound, has an excellent de.
mand, and the rates now current are from
2 to So higher than those last noted.
The arrivals, during the last fortnight
have been OF limited character, and prices
OF bacon have consequently advanced Is
per cwt. The prices now obtainable vary
from 42s to a5s per cwt. according TO the
quality.