The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-02-13

as we can Judge from the shipments Of corn made
from this port this month. the imporsaiions INTO
Liverpool this year. QssT will be as many quarters
as 1t was bushels In 1915 Our estimates OF tbs ex'
portaton of flour and wheat to England this year are
very extravagant. doubt under the
impression that the shipments Of -four to Great Britain
will amount to at least three msns of barrels and OF
wheat to Mt least one million OF quarters Should the
ports be opened ana the navigation laws temporarily re-
moved these enormous estimates may be exceeded
The shipments of produce from this country for the
whole of this year. will only be limited by the Of
and the demand for vessels is area dy 30
great and the rates freghts high, that large
her of vessels have ordered to this and other ports
Of bi, country to load with grain for Europe The
rving trade of the United States Is nearly all way
ana vasssls coming here arrive In ballast. Even eur
Jacket ships arriving have very limited freight is ana
what they have Ia heavy goods such az transient ships
usuav bring out when importations are to any ex
tent. .
From the last advces received from the other ade
appears that up to the goth OF JANUARY orsers from '
side for British manufactures haibesn very mitsd and
from all wa can learn in this Market among our most
extensive importing houses the orders sent out since
that time have been few and far between, and snail Ct
that. -
II thus appears that we are large sellers and small
buyers that we large exporters and small Importers
and that balsncs in favor II this state OF tnss
continues long, must be Immense. There - no oouo'
ut that the manufacturing interests of this country VIII
receive nearly great impetus by the soaroy 'i
food in Europe as agricultural interests We can
cot contemplate the present position OF this country
without experiencing the most lively feelings OF thank
fulness not only because ara reaching with such
rap strides the highest pinnacle Of prosperity pu' Do
cause We have in power 70 relieve me disussssS
Of the starving millions Of Europe What CONDITION
would Europe be in If had not supply OF food sum
.--:kIc t1~
cient for their What would they do without the
mmsnse quantity of grain every vessel leaving our
shores carries with her! From this time heneeforth'
there will be domand for cur breads s to nm extent
sucent to exert very favorable influence upon prices
rov al order has been issued in Havana making In
dian corn and corn meal free of duty at the ports OF
Havana Matanzas Cardsnas and Marie for six months
commencing January i6 Vessels arriving or departing
in ballast will no longer have to pay mud machine dues
or for health visit, for Moro pass The mud machine
dues for foreign vessels are ~ rails perten health VISIT
a of rial per ton.
The following review of the London market for
American State Stocks, for the past ear We extract
from Barng's circular Of a recent date:-
AMERICAN STATE SrocxG
American stocks have been in no regular demand du
been but small, and have generally proceeded from de-
ceased estates requiring liquidation There has been no
Europe and any OF the foreign debt can only
arise from increase of arreared dividends which un.
1 unfortunately Is DEBT moro PreJuoioai " na'lonaA
credit than any issue Of loans when the engagements
regularly fulfilled. Taking Wto consideration the
Reimbursement by the State OF New YORK IN tne Ds-
ginning Of last year, of portion Of il DEBT ana the
transfer for remittance OF some stocks ~ the Onieo
States, the held in Europe must be .>uit on tne
decrease although not to the extent dung tne
two p, ecedpg yeas. Prices much the same, az IN
some lower than at the corresponding periG
OF last year. notwithstanding the aMcable adjustment of
the Oregon question, which was then regarded of
uncertain and msnacing character The result would
have been different had the non paying States adopted
measures during 1916 for the Introduction OF order and
regularity into their finances for there be doubt
that many of the State debts offer the best security for
Investments whilst the stocks Of those states which
in difficulties would rapidly improve in price under the
influence Of q wise system. The prices on the other
side of the Atlantic in the absence Of foreign demand,
now regulate those in Europe, and during the
tinuance Of the Mexican war and until tho wants
! of the government ascertained no arksd
! 1t must also be Iecollected that the prices OF
the securities of European Governments have expe-
rienced some decline since the beginning of lo4o,
mainly to be attributed to the increased faver which
employ of capital In anne King the prices OF the
American securities have only to add that Penn
sylvana stock has been attery in demand, with few
sellers.
Alabama SIS, 1861 So to o. nomnal do Sterling, 1858,
Ga do Illinois 6s 1850 81 to 20; do sterling ~ To
70, Indiana dollar and Sterling 20 20 -; Kentucky g.,
1868 Sc 80 div Louisiana os I'm 10 equs series
50 S2 do series 81, buyers; louisiana Con Assoc
alton i543, 49, buyers do iS1s 10 do sassa husett'
5s Stg 100 TO 1902; Maryland SIS stg, OIL to 90 ex Gvj
Miss pp IS Planters Bank 45 to 80. do Union BANK
10 to 22 Nav York state 5's sos 81 sS div; do City
5's 50 IS: Bank shares lss to Ids; Oho 6s u to
85 div; Peunsy ivani SIS, 63 10 80; CNolna 5 Sg
1856 81 TO div Ito 1853 ana 1858 ~ 10 30 DO
Tennessee IS, SO 10 30; Virginia 6s, ~ nom; FLORIDA
6's Dol and ~ to 3o Orleans city, &c. o-0 xsllers