The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-11-08
Adopt the style In which the Hair and
COMMERCIAL AFPAIRS.
MONEY MARKET.
Tuesday, Nov. =

W.
There was improvement to-day in every stock
sold at the Board but the Gales only to mode
rate extent The election put a stop nearly to a.,
kinds of business but the probability of Gen. Tsyors
election, had good effect in the stock market At
the first Board to-day, Treasury Notes went up a per
cent; Ohio o's, III Farmers Loan, d; Erie Railroad,
new, n; Harlem, u; Canton n; Morris Canal q
Long Island, u; Reading Railroad, q.
At the Second Board Erie Railroad new advanced
u per cent; Farmers' Loan, "a; Canton Co -.
The effect of the revolutions on the continent Of
Europe upon the commerce of Great Britain is like
ly to be of the most disastrous nature. The manu-
facturers Of Engand have heretofore found large
kets the continent for their fabrics and whatever
reduces theconsumpon in that section of the world
cannot but inure very seriously the prosperity of this
important British interest. England will feel the re-
volutions the Continent in this way than sny
other and if continued for any length of time they vii
eventually produce revolution in Great Britain that
will change entirely the political and financial insi
tutions of that country. AS have before remarked
there is very little prospect ofany revolution In Eng
and similar to those whion have taken place on the
Continents but any acquainted with the position
She occupies in the commercial world knows that she
only maintain it by the preservation of the mo-
nopoy she has so long enjoyed of the European mar
kets and nothing alarms British politicians and
lists much any reduction In the demand from
those The export tables are therefore, closely
watched and the cause of any decline is sought out
with the greatest avidity, and, If possible remedy
at once applied The decrease in the exports of
British manufactures within the past ten months
has been q large per cent, the cause of which
is beyond the influence of the government or auy
other power, At this time, such falling of in
the exports is peculiarly unfortunate and will bs
attended with the most fatal consequences larger
portion than usual of the exports from Great Britain
to tie Continent, will this year and next be required
pay for the quantity Of breadstus which will be i'm
ported into the United Kingdom, to supply the def
cheney in her own productions and her resources will
in this be seriously restricted than appears
apparent from the tables of exports In the event of
general in Europe, there win be a drain of specie
from England, that will affect her financial system
export of bullion in payment for bread
stuffs by any ordinary arrangement in commercial
affairs The scarcity of gold and silver which would
be experienced after the commencement of a &C.
neral war ON the Continent, would tend very much,
not only to further depreciation iu prices for manu-
features nd products of all kinds but to further re-
duction in tho demand for consumption, and conse-
quently in the exports from Great Britain.
The amount of tolls received all the New York
State canals during the fourth week in October and
the totals up to the first of November were Is an
nexed:-