The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-08-20

describe hs trade having become very depressed At
enton has been so exclusively directed TO the wheat
rop late that other articles have been almost over
ooked IL appears from all have been able to collect
hat beans and have been extensively by the
barley and oats are the other hand represented
70 promising In the extrems whilst the reports respect
e the late crop of potatoes conflicting at any
penk in the same undecided manner on the latter sub
ect ns earlier in the season. and IL pretty evident that
.us disease x'sts In th,se countries t has not yet
itself 90 decidedly doubt about the
matter at rest
The advices from the continent are on the whole IA
Vorape In regard to the crops aud the probable result
Of the harvest though in parts Of any great
deal OF rain appears 70 have fallen during end
Ing oath OF July. Letters from DAM OF that date |
state that the wet and unsettled stat. weather
and the extreme the on the spot
had had the effect Of counteractinx the which
the dull reports from would otherwise have pro-
duced and that holders OF wheat had insisted on pre-
vioa' prices During the preceding week about 10
nsts changed hands at prices varying from COS 6S.
per Quarter free on board the latter having paid
for high mixed weighing 81 lbs per bu-he aud the for
oorhood OF Konvsberg rain appears nave farn
put TINS had failed TO lead to any speculation, and
letter from Rosock dated 26h OF July niorms us that
the rye harvest had CONNIE ced that )rhood
ana inat tns crops generally promised good yield The
weather was then very fine and wheat cutting would
was thought, be general early In August AT Hamburg
on Tuesday business in all kinds Of grain very dull
In wheat nothing had been done since the
day except for home consumption, and prices had be-
come almost nominal By the latest from the
ports 1t appears that harvest operations
had been nearly concluded In the southern counteres
and that the yield and quality of the crops had turned
out very satisfactory At arseies on the 10th of July
business in wheat was yery and good supprs
having been received there from the OF Aso whilst
the demand from the interior had wholly subsidized,
prices had undergone further decline Good qualities
were then obtanabc at AS to as per quarter
board aud hard Tasanrog, weighing 81 lbs per bushe
y depressed barley having been pressed the market
at ls' and Maizs at as per quarter free board.
LIVERPOOL Corn MARKEr, August .. Since the
10th ultmo there has been no anms in the grain
hA beend Ona
and prces considerably lower than those quoted on
goth wheat recovered the decline noted in last
port and hour met free sale at Dos sos 6d Dbl for
best Z; Ind meal offered ut l9s Sd and los per bbl
hno qualities wheat rather desrsr 23d but indian
anu hour cheaper 23d former and latter Cd per bbl
sales OF wheat 27th very limited decline of I'D to Cd
per bu aud -four offered at reduction per bb best
cline Of 10 to 3s per $50 lbs and Indian meal could be
had ut LIS I'd to ss bb further fall Of I'D 4d per
40 los In wheat was submitted TO the aOth aud In
dian corn gave way Is to IS per quarter best sold
ut 32s per barrel towards the close of the market
fair attendance OF thu trade, August but very Ian.
guild sale for wheat and reduction of fully Is per 10 lbs
from the rates OF 9th ut In United States and Cana
dian -four however fair business done by holders
cepting 27s I'd to 28s for prime Western; and other
kinds offered ut proportionste Decline
place 6s per ARIEL under currsncy Of 29th ut In
dian Corn Ia moderate request at prices ranging from
2os TO sos per 4S0 lbs and Corn Meal lbs TO 5s bar
rel.
August a-The uninterrupted hneuess OF the weather
during the last fortnight still holds ths
that our harvest Of grain will be full average
From all quarters Of Europe thsre is also general
chief grain producing spots On the 10th OF May price
of best American -four in Liverpool Yes
a M to- as Cd S OF sIs ao O.
oest wneat at Mark laue Monday Id when further
reduction again took place of from IS to los per quarter
below the currency OF the previous Monday los
quHrt.r The quality Of the new exhibited
cellent We regret to state that failures have
taken place in the trade, and the rumors when
have reached respecting the credit some OF the
London dealers are very unsatisfactory European
Times.
HAvnE CoRN MARKEr, July 81 Am -four further dc.
pressed ana sales difficult to effect and prices unsettled
Sales only 1000 bbls Baltimore 80 to 3if New rean us
"a to 35f and Genesee 81 to 35 lots damaged ~
to 1871 90; our actual quotations about 80 to 37f
Wheat also again recedei, but demand has taken
place for export to England Sales 1880 bags New Or
leans 81 SO TO III AT last Montivliers market aver
age price 72f per sack, decline of or from prev
week Imports 1872 bes Hour $3.50 bags and cargo
only found buyers at 80 to IS per Dbl.
Commercial Intelligence
LoypoS MoSEY MARKET, july 40 ~ Aug Ave take
she following weekly report from the Spectator OF the
Stock Exchange Friday Afternoon The operations
OF the week have been of unimportsnt chsrso
and the general tendency Of the market downwards
aud commercially, and the rate OF discount aud Tor
loan: fully psr cent The premium Of exch-quer bills
all about per cent, the closing quotation for money
being sss a. while for the account it be- quoted
ssh Is There were sellers at SsA for account, for a
short time during the day, but the price afterw rds i'm
proved
Saturday, Tv,ipe o. Cioek-The Bank return for the
week ending the 18th inst exhibits "a decline under
every Item of account; the only exceptions b-us
those OF The rest whore there il OF
ESQ 900 aud { 10 900 ani the Government securit-s
the amount OF which IL the same. The decrease
hbits itself under the following heads Public deposits
fos5l64 other deposits Coca 800; other securities,
f96tl79; unemployed notes, E2o2,il5 The amount OF
bullion in tue aggregate Is E, 9l3,560, snosng de-
OF { id7626, compared with the sSt
This return is not considered favorable aud tho
queuce Of such feeling among the spectators Is dis
position to sell under the effect OF which, consos have
fallen when compared with the closing prices OF yes
terday The business occurring has not however been
Important
Ths following report is from the Spectator fer the
week ending the 3ist ult -
Stock Erehangs, Frdoy afternoon The transac-
tons Of the week have been Of unimportrnt cha
racter, and the nuctuation trifling The tendency.
however, has been upwards; the closing quotations Of
to day being about quarter per above those Of
last week Money has become rather more in demand;
and the rate Of discount for short bills may be stated
% per cent. The premium OF Exchequer Bills remains
unchanged.
In The Foreign Market business has been less import
ant, If possible. than in the English Funds.
Saturday, IL octock.-rhs Bank Accounts for the
week end the Gath instant, Indicate decline in al.
most every item the only exceptions being those OF the
rest, the unemployed notes, and day aud othrr
bills; the rest has increased c9,32t the unemp red
notes, cIt7siO; and tho seven day and other bills
clio 1855 Tho items of decrease follows Public
deposits, E563; other deposits f3l3 900; securities
mot public f45il notes issued fll9,725. While
the decrease in the aggregate amount of bullion Is
fiis,503 the total quantity in store in both depart
this week being f9 40 3i7 against 60 $50 In
unimportant, tho prices of the English and Foreign
Funds being the same as yesterday.
Tuesday afternoon, Aug The tightness which hai
been felt In the Money Marhtfo time past mo-
| likely to be oased by the Bank Of England The Baai
will purposely seek TO keep money tight This hsv,
more than once already intimated and i Ia stated
the general rate OF discount Is To be per cent only
bs AZ the shortest dates and OK TO per for other
kinds, may readily conclude that the result will be
particularly onerous among the trading interest There
are heavy payments to Do made TO foreigners and n
large loan contracted for France circumstances
which must excite vigilance. 1t Is almost unnecessary
to repeat what have eten before stated In
with this matter, and the necessity OF stimulating
exports and checking speculation. while we have no
doubt that the moderation of the railway drain" has
been one obsct of solictude with the directors.
The funds fiat, and have unde n afnrther de-
preston upon TALL which occurred yesterday after
noon on n sale OF money stock Consos tor the Account
have been done at s55S. ss7< sgd, end for monsy
ss1s ssA Exchequer Bills, tIOOO,6 prem do small
o IL prem. -
Tra o'elock--The Funds have rallied but tribe
the OF few accounts that have been closed
Consos are $50 for transfer, and IS 10 TO ssa for time
New 81 per Cents oO TO 00s Excbequer Bills Us TO
9s premium. Bank stock Is 1904 to ips - Globe.