The New York herald., 1850-07-22
MONEY MARKET.

SUNDAY, July 2l-oP. n.
The sales at the second board, yesterday sonsiste6
chiefly of Erie Railroad securities which closed at
full prices transactions in all other kinds were light
Operators iEclined to wait for information CON-
cerning the money market abroad, contained in the
private advices of the steamship America before ope-
rating to any material extent. The Atlantic which,
arrived this morning, with still later foreign news
showed an advance Of I'd. in cotton, with some i'm.
provement in corn and heat and good demand fou
American provisions
We learn from Barring Brothers Co.'s circular.
that United States securities dull while salee
very light, with but little oRering For quota
tions refer to the circular, in another column.
There was good inquiry for Louisiana Union Bank
Bonds Planters Bank Mississippi and Florida Bonds
but there offering.
From private letter, dated Liverpool, 9th inst We
extract the followng:-"Accordingt to statements Of
stock of cotton the most to be relied on We have q
stock Of 4s5ooo bales, Of which 900 American
against last years stock Of 800 OO0 of which 10000
American and the spinnsrs supposed to hold
much less than they did this time last year There
has been very active business this week in Manehes
ter with higher prices both for goods and yarns
Money continues as plentiful ever. The Bank
returns show about eli 900 600 ia specie Discounts
are two and half per cont per snnum, and low
for first class paper. Consols advancing The
state Of political affairs In Europe are encouraging:
food plentiful and cheap, with every prospect Of an
abundant harvestn
We presume with the above Hsttering prospects Of
the English money market, American stocks cannot
remain long neglected Investments present
prices viii yield a better interest than Enssh or
other European securities The slight rssstion our
securities in the London market, has been saused by
some parcels being sent thiher from the continent for
sale The least political disturbance in Europe win
again create a demand for our bonds
The advance in cotton, and in corn and wheat will
have favorable influence tend to keep
down exchange, and check the shipment Of specie
leaving unusual accumulation Of specie In our
banks
The steamship washin gton which sailed yesterday
for Southampton and Bremen, carried out S25 1000
chiefly in gold; ten Thaor pieces which we're scarce
and some lots Of American gold added, to make
out the amount.
The Havre packet Of the 10Th inst which sailed yes
terdsy, carried out about Sll0000 specie consisting
chiefly Of Mexican dollars and i've franc pissss
Sterling Exchange was dull yesterday, with but .
moderate business doing at about ten and quarter
The market was not expected to open till Monday
the Hiberna to sail the present week from Boston
There was change in rates for the continent
The London GLOBE, OF the sth inst, received By the
Atlantic, gives the following interesting facts relative
to the movements Of the precious metals
According 20 returns which have been prepared er-
hbitDs the amount Of specie and bullion which has
been imported from foreign countries during the six
months ending the Soth Of June, BY the various lines
Of royal mail steamers arriving at southsmpton it
appears that theWest India durne the III 4
hall OF the present year. have landed southsm pton
gold and silver In bars, dust and coin the value OF
lS142I5 dollars, or say, ,362 so6 sterling or this
amount the principal proportion in silver the
quantity of gold being about 33lT,7o0 dollars, or
f6o35s2 sterling the greatest part Of ~heh or nsaiy
f5oeooo, rGrsmied seress the isfhmus Of Psssma
uh'e ~as rtee.red directly or Indirectly from Caiior
Irhic
this eo1nhp d,fng the past sonihs the remainder
Of the precious metals received at Southampton By
the West Inoa mail St amers being the produce Of
Chill Peru, Bolivia, Central America, Mexico, &c.
About ooOooo dollars In silver have been received
first remittance from that part of the world the pro-
duce of the mines having been generally collected on
via Cape nsrn 1t Is anticipated that when the new
route OF steamers Is In operation the whole of the
OF Panama. The amsunt brought during the psst six
montbs as rsmitapces for account of the sxiosu d
yidtnds h 4bl 800 dollars or eco 373 sterling As CEN
pared with the corresponding half year OF 1slo the
imporations of bullion from the Western hemisphere
chow an increase OF 2i3e20 dollars or f24s7a0 thus
eIessipg There is slight falling of when compared
with the last bali year u s4e when the amount was
1870 7o6 dollars or 81 53414 sterling but ther. 10
every probability that during the next sir months,
this amount viii be considerably exceeded. From,
other parts of the world Of the precious
metal. show considerable falling on when compared
with the corretfonding periods of former years The
isnnsS,sr aa; and and Oriental ocmPsnys .tssm.r. from
Gtps5ei thus giving decrease Of cl4l $50 sterling
The principal cause Of this appears TO be the entire
cessation OF the large remit made to England by
the Esst India Company frorp the Indian tfessuries
aud which are not likely TO be resumed The Con,
staniinople steamers Rave brought gold and silver
value $50 533 sterling against f5t0 600 received
January TO June incu sive, In 1sse and the Psnnsu-
lar steamers from the Spanish and Portuguese ports
have brought specie value fl3o0o0. The aggregate
amount Of the precious metals imported into South
smpton from ali quarters for the sir nsnths ending
the 5oth Of June, including $4,000 dollars frsra
the United States l4ee5oo dollars, az $50 10,
showing falling of In the total recepts OF fx2s co.,
caused BY the lessened supplies from Alexandria,
Constantinople. and the Mediterranean. The specie
imported into southampton from all quarters
the Elk months ending the Slst Of December last,
amounted 20 l6 359655 dollars or f3 275ssl an ex-