The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-03-24

experienced very heavy weather on her passage.
She was detained Is hours of the harbor, in one
the most terrific gales known to the coast of Nova
Scotia. The same gale, which was from the
southwest, was most severely felt in the Bay of
Fundy, and, no doubt, has caused many marine
disasters.
From unavoidable causes, it was ii o'clock be.
fore our express agent could procure papers, with
list of passengers, and other desirable informa
ton, from the steamer; and he then had to en-
counter the dark night, not relieved by single
star and road on which the snow lay from two
to four feet deep, and rendered nearly i'm
passable from a week of mild weather,
TO which was added, on Thursday morning,
several hours OF warm rain. Shll, every
obstacle was overcome, and the express finally
reached the steamer Commodore, at Meran-
ollie Point, at twenty-five minutes past eight
extraordinary short time of nine hours and twenty
five minutes.
The express having Unexpectedly arrived, the
Commodore was detained thirty minutesln getting
up steam. and arrived at st. John at hafpast two,
P. NJ, this day; thus occupying but hours and
| thirty minutes in passing over the Bay-and max
ing the whole time from Halifax to st. John, fifteen
hours and thirty minutes.
| The Canada left Halifax at twelve O'Clock, and
g
Sunday.
She has nlnety-nine passengers.
Commercial and Financial Intelligence.
The terrible accounts from the seat of war In
India, united with the decided tone of defiance
lately assumed by Russia, and the attitude the
Gear Is evidently preparing to assume in the war
like operations In Italy, Austria, &C., has caused
an uneasy feeling, and has operated injunously
upon the business Of the country. But trade, not
withstandlng, continues steady, and prices for
most articles of produce are very satisfactory.
The funds, under the influence of the uneasy feel
Ing alluded to above, have fuctuated considerably,
and have receded fully one per cent within the last
fortnight. 1t Is gratifying to observe that, during
this time, though it cannot be said that American
stocks have actually risen, yet there has not been
the slightest reaction. ..ta
In cotton there Is less business dong than when
the last steamer left, and slight falling of in prices
has followed. This, however, did not occur TIL the
last week. The sales continued large, and prices
were very firm up to the close of market on the
I'd inst
There is a greater degree OF dulness and gloom
in the grain trade throughout all the leading mar.
kets, than there has been for long period Prices
continue to droop, and from present appearances,
under the pressure of heavy arrivals from abroad,
the bottom has not yet been reached.
From the manufacturing districts, the accounts
continue favorable there is also fair business
gong forward In the produce markets on the con-
tinent and prices, on tho whole, are steadily
maintained.
The meal market continues active, and prices
are on the advance.
During the week ending March 2, fair American
cotton not only maintained its ground, but was
point higher than when the America sailed. The
sales amounted to &C., ITO bales. The disastrous
accounts from India, and the news by the Niagara
that there was largo excess Of the receipts of
cotton at the principal shipping ports America,
over the corresponding period last year, gave
decided check to the market in the early part OF
the last week, and since then, the demand has
been contracted to the supply Of the immediate
wants of consumers, which has caused prices to
decline one quarter of penny per pound. Fair
uplands are now quoted at At; Mobile 81; and Or
leans ST. Sales for the week 22,22O bales.
The importation of breadstufis from the United
States, during the last fortnight. has been unu.
sually large Prices for all descr stons have been
In favor OF the buyer. There Is 4 large supply OF
wheat and flour, Indian corn and meal IN the
market, and large quantities are being warehoused.
Purchases are made merely to supply immediate
wants. These remarks will apply to all the leading
corn markets throughout the kingdom.
AtLiverpool, on the 9th, white wheat was SOLD in
small quantities at IS. Tod. rs Id; Southern -four
25s. I'd POS; Western canal, 25s. 25s. 3d.; PHI
lsdelphia and Baltimore, 24s. Cd. 25s. 3D.; best
Northern yellow corn, 29s Cd and mixed, 25s. a
Us I'd. per quarter; meal is quoted at 49, a lis
perbbl
lhere 10 lair trade going forward in American
cured provisions The arrivals Of beef are very
heavy. Although three times as great as at the
same time last year, fine qualities bring full
prices. Other sorts are to be had on verv easv
terms, say Cos. los per terce for ordinary prime.
pork barely supports late rates; lard is In fair
demand at decline Of slxpence per cwt; cheese
is ste ady; bat butter ha, receded from Is Is Cd per
cwt. and In some instances Is. has been accepted.
Rice partakes Of the dullness applicable to all
kinds Of bieadslufs, and the finest qualities of Ca
rona are quoted a, lbs. a EOS per cwt
Naval stores are quiet, and command former
prices. ......
There Is a small decrease OF bullion In the last
bank accounts, which indicates a change in the
money market, and that the demand for bullion for
the continent IS increasing. Domestic securities
have been on the decline, owing to European az