The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-01-05
DECLINE In COTTON,
&c. &c. &c.

TO the IteD I OTk Herald once.
THE NEWS.
The Caledonia sailed from Liverpool on the
18th ult., and our advices are to that date, in
elusive.
The intelligence is, of course, of considerable
Importance to every one.
That of the most consequence to the CONNER
cial community, and to the agricultural class, is
probably the prices of breadsuffs in;Europe. We,
therefore, give comparative view of prices in
Liverpool, on the Sd and 18th ult -
TELEoAArHIo PRIor OF BsrAD.Iuy'' IN LIvE.ro0a.
American Wheat ......... % 81 76a
Indian Corn. .............. 81 s4o 81 . IS 8
indian Mel T,c.. 20 20 90 90
Annexed is Geographic view of the remain
der OF the news -
The steamer Washington, advertised, was to sail
from southsm pton on the 10th ult., for New York.
The French steamer New York put back to Havre on
the 18th ult., with six feet water in the hola.
The French steamer Union. put into Cherbourg on
the LIST of December from longitude H. esky and pumps
ohoked.
The New World will sail on tho 2lst, with full cargo
and compliment OF passengers
The English Parliament, since opening has been
chiefly occupied with the affairs of Ireland.
The bill for the suppression Of crime in that country
ter and is expected the precursor Of smeorative
measures, to answer the end designed.
Lord Pslmerston has denied that Lord Mimic was
charged with any diplomatic mission TO the Court Of
Rome
The celebrated Father Thomas Mcguire, the Roman
Catholic divine controversialst died the week before
last. In Ireland. -.
within tho last fortnight or three weeks the British
Islands have been visited by succession of tremendous
gales causing the most appalling loss Of life and proper
~ on tho coast; several vessels have been wrecked,
either with the WHOLE considerable portion OF their
crews Among other ships from this port that have
shared In the casualties Is the Frankands, for Csao,
whose master and twenty Of the hands, were drowned
Spain is tolsraby tranquil though the Carlists are as
usual unsettled In the Cortes fierce attack has been
made upon the administration.
There ia no intelligence Of Importance from France.
The health Of the King is bad.
Agrarian disturbances have somewhat subsided In
Ireland.
Father Matthew will proceed to America in the New
World, early in April next.
MIR Lston, the eminent surgical operator. Is dead.
The commercial from India is highly gratifying
Trade has suffered nothing the Of
England, and is represented being in an exceed
ingly Aourshing condition.
The turmoil in swzsrland Is brought to anal close
The diet has decreed that rsvolted oantons
Of the League be held accountable for the expen
ses OF the war; be occupied by the federal
until the amount is paid.
The Markets.
LONDON MoNES MARKEr, Dec. H.-since the depar-
ture OF the Hberns the money market has not under
gone any very remarkable change The rapidly impro
wing condition Of the Bank of England which now holds
upwards If eleven millions OF buoA has greatly tended
to ameliorate the consequences CT additional failures
and to sustain In the totterng confidence
of the country Notwithstanding however, the opera
tions this cause vel other influences OF similar
effect those sntcipstons Of improvement, which were
lately founded upon relaxation Of the monetary pres
sure and increased facilities Of discount have been Sc
riousy staggered BY the continued fall in value Of
duce, particularly colonial, and the almost unpar
alleed difficulty of realizing, slve at an enormous
sacrifice. Although the general aspect Of trade Is
gloomy enough, positive retrogression from the
last months average is Observable, and 1t Is re-
garded less than suppositous that the depression
much longer resist the growing financial power Of
the country and the increasing disposition Of money
holders to make advances upon terms advantageous
alike to all parties The minimum rate Of discount Of
the Bank of England still remains unatsrsd, 1t per
cent? but out Of DOORS FIRST class paper has been freely
accommodated at on and even lower Bills Of inferior
class have little chanoe-ths o6nsiderstion relating
more to quality than to date amount The influx Of
gold and silver unpreoedentedy great Remsrkablein-
activity slightly disturbed at intervals by trning specu
lations has characterized tho English stock market
since our advices Of the 4th inst general readiness
has prevailed for some days which has not materially
operated one way or the other On Thursday the fri
ouotstion for Consols ex. dividend, for January
s5j1 to =, at which, after temporary decline OF n
oshth they finally closed. Bank stock left OF at 1851
TO 1854 Reduced per cents SAX to eb per cent Z
per cents seX to ~ India Bonds els to l5s discount
and Exchsouer bills rs to los premium. In the foree
stock market increased animation observable and
prices showed q tendency to huctuate Yesterday
Consols for account opened laDguidly sales having
been made at as low q 50. After the value was
per cent higher. Reduced per cent snnuities,
have rsceded in the proportion. E,ohequer bills
vere firm at quotations Mexican bonds have auctuat
cd from TX to 10, and at the opening value
LtvEppooL Conr MAnKEr, Dec. 1912 O'Clock, Noon
Corn &c-Best Western Canal -four, 29s to sos per
Dbl; Richmond and Alsxsndris, 90, to 2ss; Phadel.
phls and Baltimore ass to oes; New orlesns aud Oho'
a7s; Canada 27s to 30, Cd United States and Canada
sour ass to 24s6i Wheat United 8 ates and Canada,
per 10 lbs white and mixed "a Sd to IS Gil red 6s to 10
3D. Indian Corn s2s to 3bs 81 per quarter Meal, ID,
TO los 3D. per Dbl Oats IS Cd to IS per IS lbs. Oat
meal 20 to ats per 24O lbs Barley 3,to per 60 lbs
RYE % to IS I'd per 60 It's Peas 2ss to 34s per 5o4 lbs
This market particularly the better descriptions Of
wheat and four has firmly maintained our last quota
TONS with slight upward tendency, and general i'm
provement Of tone. No material change can be OBJ
served IN the price Of Indian and meal and al
though the demand for Irelan has for days been
moro than ordinarily inactive; an improved inquiry
was met in market yesterday at an advance Of
Eour somewhat glow without DEF sion.