The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-26

Markets.
LoSDor Morrv MAnKEr, Jan. s-The money marke
has been quiet and with little huctustion since las
publication; the Intervention Of the christmas holidays
has checked business for days past The export
gold which has commenced gives rise to uneasi
in the minds Of capitalists and the present state
the exchanges adds to IL; but forour part wa be
eve that the drain upon the Golfers Of the bank VIII not
be to any great extent Is said that about 200 600 to
$500 900 In specie goes out to Boston by the hioerna
but this is comparatively small sum, considering u
vast amount Of breadsufs that have been pouring INTO
this country from that quarter for weeks past Inc RE
sdsnts message gives hopeful assurance that the as,n
has given manufacturers cheerful prospect for their
trade for the coming spring. . 80,
cal importsnce In the European courts nave causea
slight auctustion in the funds but they have been OF
transient duration and slight eject ana Tue s.ns on
the whole has really been little preudiced for
those who hold stock as an investment
The that 1a the BsnE OF
England having come forward II ia said, most willingly
to second the object of NJ Hottingusr's mission.
The market for the English securities remains from
day day without alterations of the approximations
the alarmiss sed and the funds sustain their
price Consos for the Account 9sx Three per Cents
Reduced "a to 94 Threesnd aQuarter per Cents 95s<
to g6x' Long Annuites, 9 1915 to 1915; Exchequer
The foreign stock market is almost dead letter, so
few bargains have been done Mexican remains steady
at about 26 Spanish New Three per Cents hardly
Cents, 26x to y
LONDON MorEY MARKET.-Friday evening" Decem-
Der ll.-No variation has occurred in the English
funds from the closing quotations of yesterday The price
OF Consols to the termination Of business has been
VISA to e ex div, for the opening. Bank stock left of
W. neaaced 1ree per Cents ss Three
Exchequer BIN, under the influence Of few purchases
are quoted lls to las premium.
The foreign securities rather 1atter this afternoon,
the advices from the continental markets having
csed some influence upon prices Portuguese -Four per
Cent Bonds have receded to 81 Spanish Five per Cents
were heavy at 20 for the scoount and the Three per
Cents at 37 for the account Mexican alone have moin-
other bargains included Russian at III spanish Passive
at on Belgian Twoa a Half per Cent Bonds at b6;
Dutch go spSa Half per Cents at oo and the -Four
There to-day strong demand for bills upon the
principal places Of exchange operations and the
for Holland, Hamburger Belgium, Paris AMI Frankfort
were again further depressed.
The accounts received TIL. morning respecting the
Bank of France state that further diminuton has
Cured In the stock Of bullion
LIVERPOOL CorroN MARxEr, Jan. T. For the week end
ing Dec 24-We closed last week " it'll advance Of
being dull and quiet That quietness has continued in
greater or less degree to the moment and under
its influence nearly Nd per 10. has been conceded in
price The business sacted since Friday has been
by means uniorm in instances forced saes have
been made at "a and even "a decline such of
mPusve proceeding Is not unusual after 80 great and
rapid an advance This morning however, and ysser-
day also, uniformity in prices with regular de-
mand from the trade has been, and still it, in existence;
and market ~ assuming accordingly character Of
steadinsss. and ever 6rmness Other descriptions than
American may be considered less changed and inAu
enced than those kinds whether in the direction Of the
late advance present declines and therefore regard
sss ,S ana t sypans having been
stapled American. Since the above was writ
ten an active speculative demand has sprung up;
ten thousand bags are said to have been sold, and
prices are replaced to within per Id of their highest
position last week 1850 American, 1900 surat and
800 Egyptian have been taken speculation, and so
American for export The sales for the week 81 $40
bales
ansther Report The demand from the trade has been
very limited throughout the week but spectators,
tempted by the reduction in price submitted to in
quarters purchased to fair extent at prices generally
Hd lower for American Brazil aid Surat The specula
tive demand has ma erially increased to-day, and the
depression above noticed in American has been nearly
recovered whilst other kinds cannot be purchased at
the decline quoted. In Egyptian and Sea Island
change can be noted. Spectators have taken ~ $40
American The sales for the week are 81 $40 bales
For the week ending December 9l.-Ths price of Anne.
rcan cotton "a higher than the CT cuar quotations Of
thursday, the ~ inst This advance was nearly all
gained in the latter part of that day. by renewal of
smart speculative demand And as this renewed de.
vsnced rates were firmly supported, and have been
steadily maintained up to the present moment On
and this the sr BY
steamer of the 10Th have been delivered, bringing
much matter Of political nature that may be inter
estng but nothing Of new or materially varied cha
racer with respect to staple article With regard
to the ever recurring question the extent of the CROP
is thought by the various writers of these advces that
may have fully much cotton from the Atlantic
States had estimated but the aggregate quantity
of the entire crops not raised higher than Before name
ly, two millions of bales The shipments going on to
this country are very light So far therefore another
fortnight OF time has passed over without disturbing the
reduced estimates OF supply from the United States
This morning the summing Of the actual stock of
ton in this port has been made and published and all
that need be said Of is that out TO corroborae
most exactly the various items and statistics published
each Friday in the brokers' circulars From Manches
S Ter ana the manufacturing parts Of the country. we
tive proceedings and advancing prices, although
there is more reconciliation to some advance Of price
Nor there anything to favor the state Of the
vision market and the consuming power of the pc ople
Our advanced position therefore, be considered
rest almost entirely upon the conclusion that the future
supply will be inadequate to the consumption or the
present stock in Europe there be doubt that il is
amextably too small for the heavy demands that must be
daily made upon 1t; especially when the most favor
able calculations that be made, cannot show the
spnners OF this country to hold the average greater
amount OF the raw material than will suffice three
weeks or three and half weeks consumption is 500
American, 300 Bahia 400 Surats and 400 West Indian
port The sales OF to day are supposed to be II 900
bales two thirds speculation, including 100 Pernams
bales.
10. Another RepoytThe market opened Monday with
on increased inquiry, and but for the high rates do
manded much larger business would have been done
The sales amount to 81 So Of which 90 0C0 spec
ulaton and the depression in prices noticed last week
has not only been fully recovered for all descriptions
American has been generally realised in the last lew
days After the actual stock was taken yesterday,
(Which proves wonderfully correct as compared with
the estimated stocks the letters by the American packet
having been delivered, great demand sprung up, and
the sales for the day 10 900 bales 10 600 being
speculation at further advance of I'd per ID. To-day
1000 bales have been sold 5000 to specuators and the
market closes firm at the above advance
JAN The sales to-day amount to 5000 or 1000 bales
the greater part being taken by speculnors Prices
continue firmly supported.
JAN. 2-The market TO day has been firm and steady ;
the sales estimated at 10 900 bales prime specu
aiion Prices firm tie chief part OF the cotton sold
American.
JAN Ten thousand bales exchanged hands to day,
Of which about 5000 1000 taken speculation
Frees continue unchanged The business included 200
Surat at AID to 5d 10 Sea Island l9l and American
to nd
LIVERPOOL CorroN MARKET, Dec 1.-THE sales to-
day amount to 20 bales OF which fully half
taken on speculation. Prices are hi pc. ID. higher.
LIVERPOOL CoRN TRADE, Dec. 1.-THE supplies continue