The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-05-02
Commercial Intelligence.

LONDON MONEY MARKET, Tuesday Evening, April Is.
The English stock market maintains much steadi-
ress, owing to very marked pressure for stock for
the settlement In this respect, the monthly SETTLE
ment now in progress in the consol market presents
some features of extreme Importance. AS much as x
per cent Tor at the rate OF per cent per annum has
been paid to-day for the loan Of stock till the May
account owing to the arrangement OF some specua-
tive accounts of magnitude having been delayed till
to-day whilst the whdra walls Of stock from the market
by investors have been heavier than anticipated II
is obvious that the speculation for lower prices has been
greatly extended during the past month, and has
reached larger dimensions than for long time past We're
II not for the late heavy loans of stock by the Bank of
England, and other large holders, the scarcity at the
settling would have been still more felt, and the
SPECTATORS for fall moro severely pressed isa re.
markabe fact however that in the face Of this general
demand for stock the disposition TO effect speculative
sales for the May account remains apparently as strong
erfu influence in propng up prices, and will certainly
tend to induce Spectators who already sold to buy
back on any favorable opportunity.
At Paris TO-DAY the Three Cent Rentes closed both
for money and account at 6340 the FourandHalf per
Cents at ao1o and Bank shares at 2o2s These prices
bourses is suspended by the holiday
For the new account Of the 18th May, Consols
s ysre first quoted s7 to thsmc: declined = to
10 a. At O'Clock the price had receded TO s75 to e
but subsequently there were again buyers at the latter
ated, fairly Y per cent higher The official business
report foowsThree per cent Consols for money,
s.A y, a., u, q, S. ditto, for account, llth May,
LIVERPOOL April is, 1854.
ProvrIoSs-Paeon very quietly, at AS to AS.
there only retail sales at the outside rates. Good
beef is scarce and wanted. Pork plenty and dull.
LARD meets buyers at u.s.
TAIIow looks down.
The season for CLovrRsErp is over and ends badly
TRANSFORMATIONS is L. TO 2s, and wheat 3D. dearer
There is entire absence OF speculation but very large
consumptiye demand continues TO he daily experienced
Indian corn has declined 1s at which there is more
doing.
CoTToN-The slight improvement In feeling and prices
which noticeable last week still continues and for
Orleans above middling and mddng fair bowels, and
over, about lied h. advance Is obta Unable Stained
red cotton IL very abundant and difficult Of sale The
business yesterday reached 900 bales and to-day
taes. In Manchester there Is rather more doing.
BROWN, SMILEY AND co.'s CIRCULAR.
LIVERPOOL, April Is, 1854.
We have new feature in cotton market worthy
of much notice, slightly improved tone having been
APPARENT the last two days though with the increased
business there is IN few quarters determination
TO realize, and occasional low sales have been made
The business Of yesterday 900 bales and to day
5otO bses SPECTATORS and exporters taking bales
OF the following quotations-Fair Orleans G5 Mddng
p-l6 fair Mobiles and Uplands GJS; Midaling " q
above mddlng scarce, the great bulk OF stock
being full Of leaf
There has been better inquiry for goods and yarns in
Manchester to-day, and considerable amount Of bust
ness has been done, but at low prices
The money market is without change the rates ruling
from ~ for ssort Grst class paper up to per cent for
longer dates.
The demand for wheat continues good at advance Of
3D. per 20 lbs Flour also be quoted at Is Dbl
higher but slow of sale Indian corn quiet last weeks
prices White wheat lis lis I'D red los. lis. per
10 lbs. Western canal -four 3ss q 3ss. Cd Baltimore,
Philadelphia, and Ohio 38s Cd sos Canada 3Ss 39s.
sour Sc. 2es. Cd per Dbl White Indian Corn Ais.
4ls Cd; Yellow As, and mixed 4os per quarter,