The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-03-26
American Stats stoeks.

they bsvs not during the last fortnight; how
ever there hes not been the sighte resc,'on II Was
eSp~oted that when the the rise Of nited
S'sfes Six per Cents to l04 reached New York,
there would have been ri-s there; had
there been 70 then another here would iafsl
libby followed That the Pepnsylvsnisn dividends
lave b~sn paid on@.bsh in relief notes has been .
cider that Psnpsylvsnia could have paid che would
and they point at the conduct OF Maryland,
who with far lees sources does not avail itssif Of
such pstrS subisrfuge TO plumber the foreign credit
tor Penny vanis rs to IT. Mar ysnd SO to 85-E Euro.
pom Times, Morch 10.
msssrs. Brown, shiPi' y Il Co.'S. Circular.
LIVERPOOL, 9th March lS49
Our last circular under date of 23d ult For
sou days subsequently the d~rsEd for cotton
sbsoe above our last quotations but we have since
bao r. action and . decline of 40 per b., with dull
lspsu'd narhet for n week past. This change aud de-
IL II be- attributed partly to favsrebe
couDts from the eastern markets. srsipg the
satisfactory and protrscted In india; and partly
to the of the continued heavy receipts
Of cotton into the American ports. instead of = ma.
t-riai falling cf in this supply to have been
locked Tor BY very many operators hare The quota.
toLr AZ for lair Upland Az for fair Mobiles
ana AZ Il fair Orleans mddiipg Upland and Mobile
~ and niddliDg Orleans AKA. Below this grade, the
I'd Bt SO $40 bales Of which ID 600 taken
SPECULATION and $50 for export while the business
Of this spt cuiatoIs have taken sbout 3 800 sad
exporters 0tO bales The import into Liverpool
since the fret January COZ bales against l7S0OO
TO ssme period lsst season In the supply from the
United States the Is 1855 900 bates The stock
in this port estinaed AIT QUO bales against
2g4 OCO vt period season The stock of Ame-
Iicsn IL 2tb,,OO being increase of liz 700 bales
Crest glor N continues to pervsde the corn markets
undtr the Influence OF the sxtensvs supplies from the
continent ard the favorable seeding time for the
spring grain Western cauai -four is duh at Eos to
26s I'd and the best Ohio IL quoted 26s per Dbl. In
ia to t. I'd per 10 lbs Indian meal l3s to las
Per Dbl.
The buspsss in turpe for the last fortnight Is
confined 10 one parcel OF inferior quality, at u.s.
cwt and for rosiD the demand has also become very
limited Yturb, reeps ctfuly,
BROwN' SMILEY & Co.
The Corn Trade In Europe.
From the London Mercantile Gazette, March Of
Towards the closs Of last week there symptoms
CT improve about the wheat trade which
the eanguHe to imagine that the lowest point
Iassed, and that steady and progressive rise would
occur in The value Of agricultural produce. Subse
ocourre have proved that thi, view
correct, the tihng advance established having already
bee lost and the ter dency Of prices being de-
cieed downwsrds. This cause of the increased de-
preston in the trade is ably the extent OF
TO the arrivals OF brsadstufs from abroad Not week.
not day passed, without large supplies reaching
coast from rome quarters Stocks in granary instead
Of being decreased. are being augmented, and with
exceedingly small deliveries from the growers there is
ders upw I'D movement in prices out of the
How long this state of affairs may continue 1t IL not
easy to deter nina, but s that with
the announcement held out to the foreign producer
by free trade Imports1ionn will continue q scale
which will keep down prices in this country at point
st which agricultural pareuits will to be
rating unless relief should be afforded to tho BY
q equitable arrangement Of taxation, 30 a. to
place him something like fair footing to compete
with the wheat grower Of Ruseia, Poland America So
Butiness at Market lane has tbIoughou. the week. re-
NAMED In an exceedingly depressed state The ar
the exception Of wheat Of which 80 900 quarters
come TO hand since Saturday evening last the receipts
chow Of wheat at Mark lane by land carriage samples
from the home OF unes, q0ie trfipg aud factors
con me- need by asking former terms Some time elapsed
before bargain was closed, and 1t not until a
decline OF Is to "a per quatte the of that
day fe'nnisht wss submitted to, that any progress
was made in sales Several lots remained unsod
which vera again offered on Wednesday without sue.
cess, and this morning there still q portion Of
Mondays supply un, old Though freely offered at
rates hat below these then current The immense
quantity of foreign wheat which has been received
this port during the Inst fortnight and the large stocks
ties in making purchases Still the attendance of
country mleri bias not been by any means numerous
dops at an abatement Of Is quarter; since taen
II further decline Of about Is has been acceded to,
without Importing much activity to the demand.
Polith Odeets wheat perhaps cheaper just nowrhan
sny oibei toIt the GALES recently made have
sos to- 42s per quarter according to quality One Of
trade the fact that the large miers have
direct from the continent and their have there
tore been provided for without 1t being necessary
purchase the spct. Flour has excited very little at
tention the top price has however, been maintained,
and Though secondary descriptions Of French might
marks were not lower Barley Of beme growth has
come for ward epringly and without arrivals
any con.equence from abroad this week. Tho malt.
tiers Ind dieters have conducted their operations
with extreme caution without succeeding however, In
causing any further Depreciation and good qualities
have brought the terms last week Tho srri-
walls Of oats fro Scotland have fallen of sup
plies from ether quarters have continued SMALL factors
have at length manifesto some little nrmness Inthe
early part OF the week the trade very depressed
and on Nj ndsy prices were quoted 81. per quarter
lever than on that day week: but this morning less
could scarcely be bought 81 prevo rates Beans and
grey and maple pesse declined s and white Is to S.
CT that re ductiop r a. since been recovered
The Latest Com me rciaI Sum mary.
From the Liver pool Mail, March 10
CerTor-The brokers' dispute was smiosbiy adjust
ed yetterdsy-somo triiDg concession having been
made In the rules at the instigson of the firm orig
Dally charged Nth offending The sales Of last week
ing OF 43 $50 American, 1850 BIZ azi $50 Egyptian 20
common West india, and AGO East India Of which
sculstos took 10 SEQ bales and exporters 1880 bales
1t an sdvance ofhd. per pound upon American des-
crjptioIs During the present week. the unfavorabs
political news from II dia the continued large re-.
ceipts into tie ports Of the United States have pro-
ouced considerable reaction, accomps MED by great
falling tf in the demand and caused dscne Of fully
20 Per To-. particularly on the middle and lower
classes f American. Bra2ils and Egyptian with.
out change, and surat 10 1Sd per ID lower.
The saes Of the week are 222lo bales; of which spe
and exporters Goo American $50 Bahia, and $50 Surst
There forwarded into the country uusod during
sl0 40 and 80
ton are:- Bowed, 4ssd.; Mobile, 45id.; and Orleans
42sd The saes to. day about 600 bales. The
imports this week 1853 bales; this year 37877S
last Estiw ated Alt 4aO
ran time last year, 2es 500 There taken, this
year by the trade 314e60 bsles by speoulators l6l
COO; by exporters, 20 $50; time last year By the
trade, 289isG by spscuators IL $50; BY exporters
$40 The robsble crop Of American is estimatsd at
SO0ct0 bales Receipts, 20 Of cotton into all the
ports Of the Unite States made up 2st February
and contracted with the previous year-1s49, 1897
6Soi ls4S, 1,l52es7 Export to Great Britain-lsa9
Col Sos 1898, $50 Total exports-18lo $50 Ul8;
ls4s 5s2'o7. Stock-1s49, 5SS, 1892; lS4S, $50, 1919
bales. '
BEEADsTurys-Att this days market, the demand for
each article OF the trade exceedingly slack and
the improved tone reported Friday had disappeared
The few transactions In wheat and -four at prices
the turn In buyers favor Oats were fully I'd Der
bussel cheaper and difficult to sell Oatmeal vas held
1T the previous Tuetdays rates. Barley, beans, snd
peas all alike dull. The demand for Indian corn had
fallen of again, and the small amendment last Friday
was lest.
The trade generally has continued inactive since
There . small attendance Of the trade
ut this mornings market and the business done In