The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-10-26


that day Elk and though prices of the common sorts
were lower the falling Oh in quality quite Is great
as 1bs In p.S good Of the worse
ed in vain on Wednesday and this morning the mil
ers being unwilling to purchsfe such i'll conditioned
coarse qualities. In foreign wheat moderate retail
business bias been done, without much change in quo
tatioDs Importers appear perfectly satisfied that it
would be impossible toinduce purchasers to buy large
y at almost any terms. and they consequently prefer
TO sell in small quantities. where they are enabled to
procure former rates Coed heavy qualities Of red
perior Rostock the market which il held at o3s
per or. duty paid. The averages have not given way
yet and the duty is likely to remain at 49, per Or
till the 25th inst. Flour has sold slowly but the
mna top rrics has not varied The arrivals Of barley
Foreign iDc.uded) have been only moderate, still this
grain has been difficult Of disposal and only the very
best sorts have maintained previous prices decline Of
Is per Or having been very generally conceded on the
ordinary descriptions. Oats of home growth have
have not been large The dealers have acted with
great caution and beyond rise Of Cd per or. obtain
I'd in partial instances on fine fresh improve
ment has occur Beans and heg peas have sold
on much the same terms last week, and white peas
receced Is to Is per or. on Monday In Indian corn
nothing Of interest has tIanspired The duty oats
rose to 2s on Thursday.
Markets.
LONDON MONEY MARnET, Thursday evening, Octo-
Der II From the effect Of numerous purchases the
Epglsh funds have day improved quarter per cent
The fret quotation Of Consos for money $50 to
a, and they left of at S5s to "a. Bank stock closed
Isl to 1870; Reduced Three per Cents S4M to y |;
Three. and a. Quarter per Cents s4sS to IL Long An
nuiter, So to S India Stock 234 to 287; India Bonds
33s to SOS. premium and Exchequer bills March, 33s
to 36s.; June, 30s to $685. premium.
There has not been much done in the foreign mar
ket this afternoon. the bargains being confined to
Brazilian at 52s 70, and7a ex div CHILEAN, at $685.
32 Spanish Five per Cents at 1876 the Passive at 2z
the Three per Cents at 234 and 22gs; and Belgian
Four and a. Half per Cents. at 7215.
FRIDAY, Two o'CcocK, Oct. l3-The accounts re-
ceived this morning from Vienna have produced .
very strong, and very unpleasant impression. The
Mt hn nnfn lnnto todt 70
me date effect upon monetary interests; but they
completely unhipge all confidence in the future as
nobody can foresee where the CONFUSION is to end.
The disappointment is more pognantly felt in con-
sequence Of the view previously taken Of the German
character, and the hope generally entertained that
when the first ebullition bad subsided; there was
better chance of their institutions settling down on
rational principles, without further volenc than in
the case of France Although, therefore, the direct
influence monetary affairs has not been felt to the
extent that might have been expected, the ents
have greatly damped the hopes entertained in the
commercial circles and are certain to postpone i'm
provement In the continenta mar kets.
The half yearly meeting Of the shareholders of the
Royal Mail Steampacket Company held yesterday.
1t very gratifying to state that this concern which,
in the first instance had many difficulties to overcome
has surmounted them all and Is not only giving high
degree of satisfaction to the public, but producing
fair rate Of remuneration for the capital invested by
the shareholders This result is the gratifying,
that notwithstanding the unparalleled depression Of
the whole Of our West Indian dependencies, which
must have materially ufinged both upon their freight
and passenger they have been able to make divide nd
Of e. per share for the half year ending the both
june We observe that the directors in their report
account for this in some by the extension of
their operations to New Orleans and the traffic which
is arising the Isthmus OF Panama They consider
that thete extensions have sustained their
against the Losses arising from the great of
the West India colonies.
The accounts received from Vienna have te nded to
couneract the advance in public securities apparent
towards the close Of busjness yesterday Consols
opened for account at S54 a. and for time alter
mated at from sellers to buyers at "a but have now fall
en- back to S5h 4. The extreme prices have there
fore been SSH and u, and for money S5t4 and Vi the
three per cents reduced have been sold at Sih the
three and quarter per cents at SAY q and last at g.
bank stock 1856 and India 237; the June excheauer.
bills ale 30s S3s, the March $685. SOS and India bonds
33s 36s
There has been but little done in foreign securities
except in Mexican bonds. These securities are re-
and are consequently daily becoming more in dema nd
for investment. They have not been affected to. ay
by the reaction in Consols the business
being from lsls to % Spanish Five per Cents have
been done ut H. Dutch Two and a-Haif per Cents 4a
2s and the -Four per Cent Certificates at g. No other
prices are marked in the official list
There is net much change in the position of railway
shares.
QrARTER BEFORE THREE.-Consols for Account
LosDon Cons ExoHAscE (Friday, Oct 1.-THE Ar
rivals of English wheat for market having been on
the iDcfte since last report the show of samples
to- day was totraby good, but of very middling
quality. Selected parcels of both red and white COM
nanded steady sale az prices fully equal those OBJ
tairSd on Monday. The middlipg and In erisr kinds
commanded very little attention, and, in some in.
stances the quotations had downward tendency
UpwaI DIS Of quarters of foreign wheat have coma
fresh to hand this week. This morning really fine
qualities mostly sold at extreme rates The middlipg
and out Of condition sorts were somewhat easier to
purchase
Der. 10, PM.-The import duty on foreign oats has
advanced to % quarter which forms the only alte-
ration since OUT la1t report AT this days market
reduction of Ia to Is per quarter The arrivals of
foreign are again large still great frmness was dis.
played on the part of holders and fair demand ex.
Iudia
ctrn cargoes are more freely offered bat
OF is per quarter there are buyers to extent
tore1gn barley dull, and rather cheaper Beans and
peas Is. lower Good old made malt scarce and
in fair request. The oat trade lost the improved
tore Of Wednesday. Factors offered at Mondav's
prices, but only limited business resulted.
LiytRrooL CoTToN MABKEr Oct IL With the ex.
ception Of fair Orleans. which to-day quoted at
I'D, our scale of prices remains Friday last
isir Uplapds and Mobile still supporting 4d But we
have report the continuance Of an exceedingly a at
and dull market, and every description and quality
the share market, and the general depression of
all public securities has had its influence up
on Us and is still Spreading gloom and depres.
tlon on all mercantile affairs, both here and in
Manchester. How long this sad state of things will
continue must depend upon matters and events ex.
our stock nd probable supply as well as the consump
ton prices must DE regarded at very low pitch
Upon The subj, ct Of the American crop, must re-
peat tbatvery little is known beyond guess The
Presumption is that The crop will prove fair one pro-
baby equal or somewhat exceeding that of last YEAR
N III De less. 5UO American have been
taken on speculation ard $3.50 American, 700 Surat
and 800 Bengal for export Sales for the week q 500
bales.
LnEnrooL Conn MAEKET, Oct. 13.-At Tuesdays
market all good qualities Of English Irish and foreign
wheats were n moderate request, with some demand
for ireland and country account, each of these de-
scrptons averaging about Cd below our last curren-
oy, and inferior kinds Of both old and reced ng
"a to 80 per 7olbs. Flour being generally diouit of
sale we have to nete decline of sackand L. per
barrel severally Prime mailing barley was sale
able to-day at 4Os to 42s per quarter and grinding
ruled nearly the as on Friday Peas dull and 2s
to 3s per quarter lower. The Dat trade, which had
been ge neraly forced down rather prematurey last
week has partly recovered the decline stated and
upon fair demand this morning prices Of the best pre-
pared new have attained IS I'd to IS 3D. per 45bs Dat
meal per load cheaper The large report ed arrival
caued Indian corn to revert to the rates this day
week. but many Of the parcels having been sold before
hand, there was comparatively little on Offer and no
pressure the market: fair business was done The
market yesterday was well attended by buyers, and
steady business was transacted in old and dry sam
Of net " heat M he ma