Tri-weekly journal., 1847-10-07
LATER FROM EUROPE.

A r RIV AL OF THE HIBERNIA.
The steamer Hibemia, from Liverpool, arriv-
ed at Boston on Sunday last, at o'clock, Pm.
with Liverpool dates to the 10Th ult. inclu-
sive.
The continued failure in the Corn market
sufficiently accounts for the depression in pri-
ces of breadstuffsin the early part of the month.
On the 9Th ult. pricesstill continued to recede,
but towards the close Of the week wheat and
flour were in active requisition; this improve
ment was further maintained on the I3thwhen
wheat advanced IS per quarter on quotations
of the 9th and flour, for there was am immense
demand, at London and Liverpool, advanced
3a4s per Dbl, Best wheat in Liverpool was
quoted at 62s per quarter, and Western Canal
flour, which at first was dull at 25c, brought
28a30s. On the 18th Indian con had been in
very great demand, and commanded higher
rates.
The Corn market at the latest moment APP
peared firm; but as large supplies were still
exported from abroad, and the English harvests
being admitted to be abundant, it was doubt
full, whether fluctuations would not take place
before prices reached their natural level. Con-
siderable purchases had been made for Belgi-
um and Holland, in consequence of the diseas-
appearanceof the potatoe, in those countries;
those purchases tended to strengthen the mar
ket. This state of commercial affairs, and the
corn trade especially, rendered it difficult TO
form correct judgement of future course of
prices, at Mark Lane. On the 18th and l4th
prices were little higher, and the supply of
wheat limited. Flour was quoted in Liver
pool on the 18th at 28s Cd to 30s, and in Lon
don the IT, 29s Cd. The great want of con- .
fidence, which the improvement and London
failures have produced in the market, and the
fact that the consumption of cotton was still
continuing upon very contracted scale, to-
gether with the alleged unremunerating state
of trade has depressed Liverpool markets thro'-
out the week ending the 18th prices lowered
3-8d per lb for qualities which have mostly
been acted upon, Middling and Inferior, are
not only to be dear but scarce Brazils, Egypt
ian, and Surats, have all participated in the
fall, and transactions at the decline have been
very limited, sales amounting to 1850 bales.
Quotations, according to Hoker's standard, are
fair upon Gao SO; fair Orleans "a. Imports
were 4D,608 bales, exclusive of four vessels
which had arrived and were not reported.
At Paris, on the Sd, the Sandman ambassa-
dor. resident at the French Court, presentedat
the office for foreign affairs a diplomatic note
from his government, of which the following
is the substance: hH
In case his holiness, Pope Plus, should claim
armed assistance from his majesty, the King
Of Sardinia, against the Austrian invasion, his
Sandman majesty will consider himself bound
not to refuse that assistance, it being his duty
as an Italian honor, TO cause the independence
all the States of the peninsula TO be respected
as guaranteed By the treaties of Vienna. fF
The following are insolvent houses Alison,
Canvesledge & Co. Thomas Brooks, Son < Co.,
London A Custom, Geneva; Dinison & Co.,
Limerick; D & A Denny, Glasgonena, Born
( dean, Honhenry, Otis & Co., Venice A A
5 Gowes, Vershew & Co., Paris, L. Hutchinson,
4 Laidle, Ugh & Co.. London; Mathew Perklin,
: GLASGOW, Reed, Irving & Co., London; Sanders,
&. Weatherell & Co., Stockton, Sanderson & CO.,
( London; Thos Suborn & Co., London; West
!. take & Co., Southampton.
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