The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-07-10

3
prices had it been rather upwards at the prn-
cipal markets, owing perhaps In to the
think to the smainess Of the stocks in the hands Of
merchants and dealers, and TO the very moderate
character Of the supplies.
From Ireland, we learn that something like q search
ty Of wheat and Indian corn had again begun to be
and that the value Of both those articles
well prices of oats, m al Sc had risen at the
large consuming towns Potatoes of which the breadth
planted is reported to be great were up to the
period of the latest advices, looking uncommonly
The arrivals Of wheat cosstwise into London have
been small, snly qrs. having bven reported during
The quantity exhibited at Mark lane by land car
riage samples from the home counties has also been
either on Wednesday Friday, the ESSEX Kent or
Suffolk stands in which position Of affairs the trsnsac
tions necessarily restricted scale Factors
were, however, unable to establish any quotable ad-
previous prices and the value Of the article
remained nearly the same at tho close as In the COM
or foreign wheat the supplies have not been large
and much Of what was previously received having
been cleared off the market importers have displayed
On wednesday the amount Of business done was
larger than is usually the In the middle Of the
week. though there less anxiety to realize needy
buyers had consequently to pay full terms. Subse-
quenty endeavor made TO establish advance;
and though this met with only partial success the
turn certainly, on the whole against the purchss
The general average for the Kingdom, published on
Thursday al Sd), shows slight falt as compared
with the return for the proceeding week The stand
effect Of preventing the aggregate reaching below 49,
1t is therefore doubtful whether the duty will rise to
the maximum point but whether this takes place
not the future arrivals from abroad likely
to be landed in bond, and do not anticipate any
further pressure the market for time to come
There has been steady consamptive demand for
home manufactured -four at the currency OF Monday
last The smaness Of the stock of American has pre-
vented much being done in that description.
The receipts of English barley have been scanty in
the extreme, but the foreign supplies have been SUM-
GENTLY large to compensate the shortness home
throughout
the week, been exceedingly slow and some difiulty
has been experienced in eecting sales at former terms
Good heavy parcels of foreign have been offered at 2
and more or less out Of condition. at 25s to M
per Or, duty paid !
ter; but sellers have shown disposition to lower
their pretensons and the purchases made for the
ply Of actual wants have been at quite former rates
Only $40 qrs of oats have been received from
coast during the week, and 1l4O from Scotland,
smallness of the home supply has however, been
paratively little felt upwards of IL, 28 qrs have
come to hand from the near continental ports which,
together with what previously the market has
been more than adequate to meet the demand. The
principal dealers have throughout the week conducted
their operations with great caution and factors have
been unable to establish any advance on last Mondays
quotations
English beans have come forward sparingly; and
with but little doing in the article, prices have
manned nominally unatered. The late decline in
and several parcels have changed hands during the
week at terms about the those Of Monday last
Peas have excited very little attention.; but as very
change.
Holders Of Indian corn have manifested more firm
than last week, but have heard of sales Of
Importance either Of parcels the spot cargoes to
arrive the terms asked having been high to allow
of the execution of the Irish orders which have been
received.
From the north of Europe the accounts are of much
the same character before the war between Dem
mark and the German confederation seems as far a.
from settlement and the continued hostilities
had had the effect Of interfering greatly with the regu
however, from letters, that holders had shown
COED deal Of frmness, and that, notwithstanding the
want Of activity in the demand for wheat, previous
prices had been pretty steadily supported.
At Danzig on the 10th inst fne wheat scarcely
offered cheaper and the decline otLer sorts had
hardly exceeded Is per quarter; mixed qualities
weighing 6 lbs had been held at equal to ass per Or
ring the week and part of the same had been bought
for shipment to England Freight to London and the
east coast IS Cd to IS Cd for large sized and As for
small vessels.
Good supplies had come forward from the interior,
but falling off in the receipts was calculated on
seems, been done; and at Rostock Stettn &C. quota
tons had remained nominally unatered
At Hamburg, on Tuesday previous rates were insist
ed on parcels the spot say Cd to 37s good
81 to Go ID qualities and 3Ss Cd to 800 quarter for
much doing; still barley had advanced in price,
and for parcel Of brew oats to be shipped from Emden
los Cd per or on board had been paid
From the Mediterranean the reports are wholly with
out interest," Is far as wheat is concerned and in In
dian corn the bargains appear to have been compara
From Trieste we learn under date of 5th inst, that
few parcels Of Galatz Indian had. been sold at
equal to els free board whilst freight to Eng
From Ancona we learn that nothing Of consequence
was being shipped from THENCE to England and that
5s Cd, with 10 per cent few purchases Of Indian
corn had been made there fer Damatia at prices cor
The Latest Commercial Summary.
[From the Liverpool Mail June 24.l
We have no material Improvement to notice in our
markets this week. The business now and has for
mers, who purchase only for their Immediate wants.
There is nothing like speculation, nor may it be
This course must greatly limit operations but it IL
questionable whether it Is better effect few
transactions at moderate profit for cash. than that risk
should be incurred on more extended undertakings at
higher prices. We hear somewhat better account
from the manufacturing districts, but attention
continues to be directed to the discrepancies of the ad
vices The correspondent of the Liverpool paper Of
wednesday reports quite return to prosperity whilst
intimate the that there are some symptoms of i'm
provement and the other that every thing at stand
still There are some circumstances which lead us to
doubt the correctness Of the note that is
almost constantly sounded from Manchester. Some
Of these we have before alluded to. We may instance
the fact that many Of trades people, who period
cally visit the markets there, find great difficulty in
getting their orders executed and also that the spin
more cotton than the corresponding period last year,
whilst the prices of the material have been from
two-thirds to lowor than the prices Of
never lower than at the present time and for
some months previously, whilst the purchasers have
been exposed to little uctuaton the quantity taken
for speculation being to this date in the proportion Of
about to as compared with the previous. year.
These truths would to argue that the spinners
and manufacturers If they have hitherto this year
sold great quantity of yarns and goods and at so
high prices they have done in former years have
confident hopes Of revival Of trade, that they
going inceasing their stocks with which they mean
to clothe the whole world and that their occupation,
with the existing limited demand is not so I'M
profitable they would wish to make believe. The
greatest difficulty we believe they suffer is in the diff
cultes Of negotiation the foreign demand having to be
paid for in bills which not always in the disturbed
state Of the continent considered exactly safe specu
lation.
CoTToS-Thc last steamer notified a further decline
Of I'D h. in cotton market except fair and
good Orleans and the quotation for both fair Upland
and fair Mobile was reduced to i'd The market has