The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-05-17

was scarcely any business done. Floating cargoes
OF Indian corn, on the coast, found buyers at 32s.
a 3Ss. per quarter. Good brands of -four were
offered at 24s., without attracting attention.
A meeting, very numerousy attended, has been
held in London, to form national league for
storing the principle Of protection of national in
dustry. 1t is supposed that the meeting got up
for the purpose of forfying the House of Lords in
the step it now seems probable that branch of the
Legislature will pursue, in throwing out the bill for
the repeal of the navigation act.
Should this bill be defeated in the House Of
Lords, it will, it is supposed, carry down with it
all the prominent measures of the ministry and the
ministry itself.
Canadian affairs have been, on several occa-
sons, incidentally noticed in Parliament, but
the Ministry have carefully avoided giving any in
formation of the views intentions of the govern
ment, in relation to the impending quarrel
Markets.
LrvERPook, May 5-Snce tho sailing of the Hibernia
the imports Of cotton have been bales Of which
104 14e American Prices of American, particularly
the low and middng qualities, higher. Egyptian
and Brazil, quoted 43d. and Orleans AID. The sales
of the week ending May A. 461sO bales, of which
nearly 900 were American. Spectators took 1880
bags American, and exporters 2,7l0.
Another feeling Of depression has over the grain
trade The weather has lately become very favorable
to the growing crops which buyers to conAne
their purchases to immediate wants. At Marklane on
Monday last, English wheat sold generally at decline
of shilling to two shillings per quarter Foreign
also met very limited demand although a similar de-
ducton accepted in the value of both -four and In
dian
A slight concession made on the following day
At Liverpool a limited demand for wheat and -four
experienced, and former prices barely main
tanned Indian in brisk request, and regain
ed tho depression last noticed. Indian meal sold at
l5s per barrel. Yesterday the London market
dull, and very little business doing.
Flour sold at 1885, and towards the close OF bnsi
that price not obtained although holders re-
fused 22s Cd for considerable quantities. and some
transactions have taken place at 22 Cd per Dbl Prime
Ohio is quoted at 23s to s 3D. Indian improved
in demand, and sold at 3ls. 32s for white.
The imports of American grain and produce during
the past week. comprised 1910 bills -four 2901S qrs Of
Indian corn, and 9S1 bbs. Indian meal
There very few transactions preceding naval
stores. Turpentne is selling at U.s. per cwt common
rosin ut 3s per cwt
OF cured provisions the produce of America the Ina
of the last week is foflOws:1 2 tcs of beef
3l1s bbls pork 1882 cwt bacon Az casks Of hams;
118l bbs and 600 kegs lard z4S bxs cheese, and 81
bbls tallow.
Beefis In better request and prices steady Pork
is lower-both western and eastern msve off slowly.
The price of bans has again receded Is. 3s per cwt
Shoulders are In good demand. Lard Is in moderate
request, the import being light Holders firm. Lit
tie business IL doing in cheese, supplies being short
LIVERPOOL FREGHTs, May 4-Frcights at Liverpool
During the past week, the freight market has been
very quiet, and rates again lower Passengers do
not offer 40 freely, and taken cheaper New York
earthenware, ST. Boston dead weight lis Cd to 2or;
fine goods, 20s.; hardware, 20s.