The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-05-07
COM N ERCIAL AFFAIRS.
MONEY MARKET.
Sunday NTnv G-C

Sunuuy, NAuy O-O IL Ne
The receipt of the brought by the steamship
America two days previous to the arrival the steamer
at this port gave the classes principal
markets of this country opportunity of closing the
weeks business more actively than would have other.
wise been the The steamer with the mail arr.
wing at an early hour last evening" the merchants
their letters this Sunday morning. and they have been
able digest carefully the advices and will be pre-
pared operate understandings upon the opening
the markets to- We shall, therefore, see the
full effect of the by Monday night Thus far the
influence of the accounts has not been any great
tent and doubt whether it will amount to much any
way. Breadstus will, have doubt, steadily ad-
vance for time but do believe prices will reach
weather in Great Britain and Ireland In the event of
an unfavorable setting in, the effect here would
be very great but it is hardly time to look such
things yet. We have such enormous surplus of
breadstus in this country that any important advance
in prices would bring out immense supplies, and fill
our markets at The enlargement of the Erie
Canal the completion of several lines of railroad in the
western States &c. &C., have increased facilities
for forwarding produce from the interior to the sea-
board and any demand for breadstufs that might
arise would be at satisfied It's therefore, almost
an impossbity to initiate prices much and spec uators
for rise will doubtless be disappointed.
AS regards cotton expect to prices vary a
fraction from steamer to steamer These fluctuations
will no doubt continue, until something more decided
relative the growing CROP and the effect the late
frosts and SHOWS, is known and more permanent i'm
provement is realized in the manufacturing districts
The markets in this country, for this staple will OF
course be governed by those of England and we shall
undoubtedly experience changes similar to those which
take place abroad We do not look for any permanent
advance the present. and the prospect is that
shall not be disappointed The opinion relative to the
injury to the growing crop by FROST &c. expressed at
the time we have had occasion to change Accounts
recently received from the South confirm our state
ments.
Amidst all the political disturbances on the cont.
nent and the fluctuations in prices for the staple art
Giles Of commerce. the money markets of Europe con-
tinue easy quotations for public securities firm at
previous prices. This indicates great confidence in
the minds of capitalists, anxiety to find employ
ment for money that prevents much discrimination
as is usually exhibited by that class The unsettled
state of affairs the continent has had inf
upon prices staple products than upon prices
for public securities upon the money markets &C.
perally United States 6's were firm at Ga per cent
premium and consols were steady at 92 This is the
best barometer of the public mind and judging by it,
we do not see any indication of the political difficulties
resulting in anything very disastrous to any of i'm
portant interests.
The annexed statement exhibits the quotations for
stocks in this market for each day of the past week.
and at the close of the week previous 1t will be per-
ceived that prices have been very uniform only
for and State securities but for of the
fancies:-
ron THE PRINCIPAL STOCKS IN THE