The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-09

tnue in favor of the article and the ensuing sale to
take place at Rotterdam the 18th Is likely
to have good result. From St. Petersburg the price
quoted firm at r. o. 2S, for white Havana but not
business done.
TALLow-We have had more demand, prices have
advanced to AS Cd Ais Cd the spot, and 45s Cd
45s. Cd. for delivery last three months
TEA-We have a firm market without alteration in
prices.
TIN-Bared nomnally Sos, and Straits 73s. to 74s.
ToBAcoo-We do not hear of any sales aaoat prices
firm, with Moderate trade demand.
TURrENTINE-Rough is frmer, with small sales Of
old at 7s and new at U.s. Cd per cwt at which there
few sellers Spirits firm at SIS. Cd. for American
and 35s. 3D. for British. Rosin UNMARRIED
WHALxBoNE enirely nominal.
In American Stocks have to report the sale f
Ell 600 Massachusetts div. from April f25O0 Mary
land SIS at g. and $4,000 Ohio 6's at 90; United
States 6's held Is I'd. per cent. higher. The last
transactions were at 931a for foreign account Penn
sylvia MIA 60 to 6S ex div. New York State SIS SO
City SIS, so.
Financial and Commercial Intelligence.
LONDON MONEY MARKET, Friday Evening, August
26.-The English Funds have experienced rise to-day
of half per cent. The first quotation Of Consos
s6S to a. and the weather continuing tolerably clear,
the effect Of number of purchases to send them
up to SOS for the 18th of September The last price
$685. toA. Bank Stock closed at se9l to 81 Three
and Quarter Per Cents S714 "a; Long Annuties So
1916 India Stock 23s 242 India Bonds 10 20 pre-
MUM, and Exchequer Bills, March, 32s a 35s premium
June, 25s q 2Ss premium.
The decrease Of bullion in the bank vaults last week,
was but triaing being only f31,e6s The export Of
bullion to the Continent being now suspended by the
equalization of prices from the United States the fall
in the exchange precludes any expectation of further
transmissons from that quarter The position of the
Bank of France, with regard to Its stock of bullion
still improves-a sum Of nearly five millions of .ancs
having been added by the last accounts. The trade
at Havre is s reported to be in improving state
but the ertainty Of the issue Of political affairs
Paris still mpedes the ordinary of trade. There
has been general suspension Of mercantile operations
the Continent, and indeed in England every body
engaged in the Continental trade, is looking out
anxousy for the result Of the mediations of France
and England in the Italian question. Produce seems
to be generally on the rise in Germany The French
funds closed on Wednesday, the Three per Cents at
81. 7oc the Five per Cents at 73f.
Trade and commerce in England have be, in very
unsatisfactory position during the last week. the
certainty which prevails respecting the harvest and the
extent Of the potato disease have actedmost injurious
ly on the markets for foreign and colonial produce
Although holders have been anxious to realise, STILL
from the causes above noted buyers have manifested
caution in their operations although tempted
by lower prices; sugar and coffee have suffered more
and buyers not inclined to pay former terms Ar
ticles for In manufacturing purposes in less
request and prices are lower, particularly in cotton
and cochineal. The market for the former has been
quiet here during the week. the sales are to mode
rste extent only and for most descriptions prices
n shade lower.
The Corn trade continues firm and prices to advance
Money is in more demand but the rate of discount is
not higher at present. Prime bills are 2h to 3, and
others 81 per cent British securities are steady
and prices now tend upwards. The foreign market is
languid Themport of cotton, since last amounts
to about SO O75 bales of which IS $50 American
The demand has been languid, but steady Holders
have met the market pretty freely, and in the early
Part Of the week lower prices accepted for all sorts
Of American. Subsequently, better feeling took
place, and buyers showed more confidence. The mar
ket therefore closed with degree of steadness, at
rates similar to those last quoted The sales from the
18th to the 25th estimated at $50 bales of which
spectators took HOO and exporters o47o The stock
Of cotton, at Liverpool is 5S7 $50 bales at the
time last year it $780, showing increase
this year Of 10000 bales At present there but
few prospects of any improvement in the demand for
the value of adstus expected to rule at high
figure, there will be reduction in the consumption OF
manufactured articles for home Should however,
the harvest bear out favorable than anticipated
the grain crops having received material injury by
the late rains and stormy weather. it is not improbable
but greater activity will prevail in the manufacturing
districts, and the raw material find many buyers at
rising prices Much anxiety has been felt in the grain
trade owing to the prevalence of unfavorabe weather
The accounts Of the spread Of the potato disease al
khowc L.. al
ports into London still the tendency of prices has been
upwards; and Monday last, at Mark Lane, wheat
from IS. to As. per quarter the best English
white sold at from SIS to Cos. Per quarter u States
and Canadian also brought 54s. to Sos. at the
market. Flour was also disposed Of on enhanced
terms. The value Of Canadian 23s to 25s,
and United States, 2s. to 3Os. per barrel. Holders
of Indian corn acted firmly, and there fair
demand for shipment to Ireland, prices generally
higher; the current rates being 35s to 3ss per
quarter. Indian meal changed hands at los. to los
Cd per barrel At Liverpool, on the following day
Tuesday, the market was well attended,, and for
most descriptions Of articles brought forward good
demand prevailed. Wheat rose Id to Cd. per bushel
American and white sold at 9s to 9s Id per
bushel, and red S. 4d. to 9s. The price of American
-four adva g. to 2s Cd per BARREL sellers being
able to realise 34s. to 35s per barrel. for Western
canal and Richmond 34s to 35s for Philadelphia and
Baltimore 33s to 34s. for New Orleans and Ohio Gas
to SOS. for Canadian. Indian corn supported the xd
vance noted last week. Indian meal sold at It's to
1ss. per barrel At the markets held in London
Wednesday, the advance noted above fully sup
ported. Indeed bonded and floating cargoes of wheat
rather higher rise of As to 5s established
at Wakefield yesterday but other articles sold at
rates similar to last week Yesterdays Liverpool
market not so active. moderate business was
done in wheat and -four whilst in Indian corn hardly
any sales we're reported The dsmsnd for American
bacon in London is dull whilst lard is in request at
full rates. At Liverpool extensive business has
been done in pork the value of low qualities has ad-
vanced and present quotations sas. to 63s. Buy
ers Of bacon act with caution in consequence OF
the extreme prices demanded by holders Still the
,,.rL.t a. 6rm and prices have an upward tendency