The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-10-18
E27,237,435
f27,237,435
cS+,86O,934
E34, S60934
Dated the 2Sth day Of September, 184S.

The Corn Trade of Europe.
[From the London Shipping Gazette, Sep 29.1
The weather has during the last few days. very
wet but the drst three weeks in September having
been remarkably fine for harvest operations in the
backward DISTRICTS and the principal mischief likely
to result from the rain is the i'll effect it may have
on the Of the new corn in stack pasto%
Some further injury may also, fear be done to the
potatoes still in the ground the weather should
tinue wet; and, on the whole, prospects have
tainy not improved The yield of wheat is unqueston.
ably short OF an average even in the most favored
Districts in some of the best wheat counties it is very
deficient This fact does not however, appear to
create any present uneasiness and the trade has
manned in q dull state throughout the week. AS
CARDS potatoes the reports from Scotland not bad
but in all the southern parts of the kingdom the loss
in consequence of the disease is estimated to
stances crest deal of exctemen would probably have
been caused by the unavorable u of the harvest
but the want of activity prevailing in most branches of
business has extended to the grain trade. and
disposed to enter into spec atve investments
Meanwhile, continue to receive large weekly supplies
of abroad and as the receivers are GENERALLY
anxious to cell from board more has been offered
at the different markets than the consumptive de-
mand could take off, which accounts for the down.
ward which has Of late taken place prices
The arrivals of wheat coastwise into Londo have
tolerably good this week, and rather more has been
pies from the home counties than previously. On
Monday. the Essex and Kent stands tolerably
well filed, and the mers being exceedingly cautious
in their operations, decline Of Is to Is per Or had
to be submitted to before progress could be made
in sales and at the close good many parcels remained
hand These placed with difficulty on Wed.
nesday at the reduction named; but this morning,
rather more frmness displayed by factors, and
purchases could certainly not have been made at
terms than in the beginning Of the week We have
again to report very large supply Of foreign wheat
the local demand has been slow, and but little coun.
have consequently been quite retail scale, and
Monday the fall in prices quite equal to that
English Since then, importers have refused to
make any further concession; indeed really fine
qualities could hardly be bought to-day cheap as
before. The duty remains at 4s. per quarter, but
is likely to rise step, sooner than at time
expected. The town millers put down the top price
Of flour on Monday to sos. per sack, and other
sorts gave way in proportion This decline has led to
come very sparngly to hand, still decline of Is per
quarter had to be submitted to Monday which has
off very slowly, but has not been offered lower The
previous value of malt has barely been maintained,
and the demand for the article has been exceedingly
slow. The arrivals Of British grown oats have been
scanty in the extreme but the want Of supplies coast
wise from Ireland, has not been felt owing to
tinued liberal receipts from abroad The trade oats
has been exceedingly dull, throughout the week fac
tors have however remained firm, and for COED corn,
previous prices have been steadily maintained The
value of beans has Given way about Is per quarter,
whilst peas have commanded i.ilv former rates. In
dian has be held at very high prices which has
checked business, and few bargains have believe,
been concluded.
LONDON MONEY MARKET, September 29.-The money
market during the past week has fuctuated a good
in prices
Very little has been done in foreign bonds Mexican
still improving, having been sold at Tx n Russian
have also advanced step, and are quoted g91z 1OO4
Spanish Five per Cents, 11a; Dutch Two. and a. Half
per Cents, 454 44N; and the Four per Cent Certia.
Gates ia 76A, and last at III.
With respect to the proposed French loan there
appears to be much uncertainty, as the Asonitetr
of Thursday, contains the report that a lean for
the French government was about being raised
in England; whilst the city article Of the Times
OF Friday, says" 1t was announced to-day that the
fDr otn 4. 10
his country, to which we referred the Goth insr
had beer withdrawn by direction Of the French Minis
ter ofFipance."
FRrDAY, Sept 29-Two o'clock-Consols have re-
maned, all the morning. at So for the account, and
have been done from Sc S5e for money India Stock
has been sold at 236. The June Exchequer Bills are
quoted at 2Gs the March 32s 29s, and lndis Bonds
2Ss. sos pm. Very little has been done in foreign
bonds Mexican still improving having been sold at
VA n; Russian have, also advanced step, and are
quoted s91s 1904. No change of moment has oc-
CURED with respect to the position of railway shares
II anything, however tie market is shade fstter.
Quarter before Three.-Consols for Account So
THURSDAY, September 2s.-The Consol market has
been heavy, and in fact, declines to-day The quo.
tations were S51 to for money So to for time. It
was of the dullest and most uninteresting days
experienced on the Stock Exchange for some weeks.
The news from the continent not important as
bearing on stock affairs.
"WEDNESDAY, September 27-The stock market was
less firm to-day, prices declining Il per cent owing
money in the early period of the day, and afterwards
at S. For account the dealings at S66 to n and
tne last prices were 80 10 Tor both time and money.
TUESDAY, 81 ptembei 26.-The dealings in the funds
to day particularly limited, the only securities
dealt in being Consos and Exchequer Bills The
market steady at the prices yesterday Con-
soils operated in at s6S to "a for money and Se<
to "a for account. and closed at S6S to 4 for money
ana October next.
MONDAY, September 25.-The English stock market
remains in very inactive state, the dealings to-day
having been as limited in number any day last
week Prices keep firm not the least unc tuation oc-
curing throughout the day, Consols closing they
opened, S6T to for money and S64 to for account.
There we're buyers and sellers for both time and
money.
In the absence of all news Of exciting character,
the funds remain perfectly stationary, and there is
very little business doing Consos for money S5X
to Sc and for the account SO to S6I Exchequer Bills
(March) have teen done at 80 and 80 prem, and
(June) at 20 pren
The following table shows the fluctuations in con-
sols from September 10 to September ~ -
For Money. For Account.
S7t Lowest HIGHEST Closing LOWEST Highest Closing.
,S'sh z 4 IS: s. :$ X " n y.