The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-10-10


Quotations for Foreign Exchange be considered
otherwise at present than merely nominal The rates
entirely too high and cannot be sustained We aave
large balance In cur favor in England but in
queuce Of the difficulty experienced In negotiating
fret rate bills, while the panic in the market exists
drawers Of undoubted standing have bsen able obtain
hgh rates. and In some instances shipments Of specie
have been made but not to the extent reported. The
foreign exchanges completely derangvd and do
not anticipate any important reduction in the rates until
commercial confidence becomes established In the
meantime, remittauces in bills will be to limited extent
Shipments Of breadstus present prices can be made
prontably and We have no doubt but that shipments
will become very active in the event of the last i'm
provemsnt on the other side being confirmed by the
next arrival The balance Of trade between the two
countries must henoeorth remain largely in favor
large amount due us may be wiped out by the nu
failures but not to extent sufficient to drain
away any Of specie The mportations for this
about over while the most active season ex
ports is just commencing The balance against Eng.
land is therefore becoming larger and larger every day
Tbs exports from this port for the week ending the
sth instant inclusive Distinguishing the quantity ship
ped TO each country, annexed:
COMMERCE. OF THE PoRT New YoRK.-Weekly En-
ports
To Great Britdin-Bacon, 46 094 lbs cheese, 3400l3
lbs spirits turpentine, 80 70s gallons pork, 1877 bbls
rssin 500 bols whse oil, SAFE gallons clover seed,
23 0c0 lbs beef 3l6 tierces cotton 0S3 bales ap
PIES 100 bbs meal, 773 do -four, los do
To France.-Rosn, 900 bbls turpentne, $50 bbls
tallow, 1879 lbs ashes 81 bbls rice, 2i6l7 lbs
cotton, 6,273 bales wax 1880 lbs slaves, $4,000
To British North american CoIonies.-Pork AIS
bbls -four, 1888 do. butter. 3,247 lbs. beef 2s3
bbls. hams l.ol6 lbs meal 406 bbs rye flour, 4O3
bbls. rice, -, $40 lbs. wheat, 1000 bushels
To Spanish West Indies-Dry fish, IS ls lbs. wheat,
e3l bushels beef 10 bbs meal, 100 do. lard, 1897
lbs. pork, go bbls rice, Is, $50 lbs.
To Danish Vest Indiss.-Meal, 542 bbls. beet 10
bbls. ; lard 2,200 lbs. -four las bbs butter, 6679
lbs.
To British West Indies-cheese, IL 025 lbs, butter,
1867 do. pork, 467 bbs corn 400 BUSH lard, SAT-
lbs beef, las bbls. -four, 80 do
This shows q very moderate weeks business. The
movements In brssdstufs have been unusually limited
beef pork and cheese becoming more active. We
anticipate avery active enquiry for oil these staples be-
fore the close of this month
At meeting Of the stockholders Of the East Boston
Company, held In Boston on Thursday q resolution
offered requesting the directors to declare land divi
dsnd oftwelve dollars per share but after considerable
discussion Of the subject the resolution withdrawn
by the mover and the whole matter referred to the d.
rsctors The meeting was then adjourned till Monday,
the 18th inst There Is little doubt but that the div
dend will be declared the difference of opinion express
ed being in regard to the details contained in the
lution