The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-05-23

LONDON MONEY MARxEr.-Tuesday evening, Nav o.
The reception of the fresh financial statement Of the
Chancellor Of the Exchequer has been favorable. The
funds have experienced advance of Eve eghths per
cent and the Exchequer bonds have sold at
lately been extending that would be sxpedent to raise
any further that might be required for the war by
an loannot in Consos to be contracted at 81
and repaid at l00 but in the termnabe shape Of bonds
or annuites-and the proposed increase Of taxation
was therefore, in great degree unexpected 1t has ap
parenty been met in most quarters with satisfaction
confidence This feeling is to be attributed entirely
to the in which the additions are to be made
The appehensons Of the public had been directed to the
possibility Of return to imposts which would virtually
involve reversal of the Of commercial progress
pursued since 1845 and loan Of any kind would have
been almost universally deemed a far less evil Under
existing circumstance it is believed that the worst
be estimated that the extension Of commerce
viii be uninterrupted, and that the money market
some time will be freed in great measure from dis
turbing causes, except such Al shall arise from the
natural of trade and the state of the foreign
exchanges. Consols, which were first quoted this
morning at the last price of yesterday, namely,
s7's, steadily advanced to ss, at which, after
some minor fluctuations they closed The state
to be offered by Austria to Russia in the name Of the
allied Powers likewise created afavorabe feeling solely
atey upon their refusal Austria win declare war against
the Gar stree there be little probability that any
terms which could be properly conceded would be likely
TO be entertained at ST. Petersburg until heavier blows
shall Lave been struck Bank left off at 202 to 2o5
Reduced, s65 81; Three and Quarter Per Cents s7
TO S. Long Abnuities, India Stock 233 to 1885, India
Bonds 15s to los discounts and Exchequer bills Is dis
count to rs. premium.
II il understood that applications were made at the
Park Of England to-day for the full aiming
unsusscrbed Of the 900 Of Exchequer Bonds at
esa but the list having been closed yesterday the par
ties merely informed that their proposals would be
submitted to the Treasury 1t is presumed, however
that they will be accepted
Foreign securities rather better this afternoon
having been favora6y influenced by the provement in
Conso Purchases Of Russian Five per Cents we're made
90 and es and they closed 9s to 95 The operations
In the Four and Half per Cents took place s0 and
the final quotation was SO to ST. The other bargains
included-Brazisn CO. eek, and a Mexican, % y and
u Peruvian Three per Cents, a. Sandman Five per
Cents so; Spanish Three per Cents for the account
36H; the New Deferred, TX; Dutch Two. and-a Half
per Cents, 5sh and ~ and the Four per Cent Certi6
Gates, S6k.
IIyEnrooL Corn TRADE, Tuesday, May 9.-The arrivals
from Ireland and coastwise during the past week have
been fair Of oats, but small OF other articles From
FOREIGN ports have received q s07 quarters OF wheat
600 quarters OF Indian 3685 sacks and 30 1G7
nnls OF Hour The exports In the same time comprise
quarters OF wheat, IL 26l quarters Of Indian corn
1tb loads Of oatmeal 594 sacks and 500 bills Of our
Inere has been good consumptive demand for both
wheat and Hour, during the past week at full prices
indian corn also has attracted considerable attention.
and the very large supplies of late i'm
porers nave been enabled to realize Cd per quarter
more money In other articles there has bee no mate
rial change 10 note The weather has been showery and
unsettled but no weight Of rain has fallen In this neigh
borhood. - - 800
At this days market there was again larre attend
ance buyers, and an active consumptive demand was
prices Of this day week for the former and al per
advance on the latter article aud oatmeal were In
slow request at late rates Barley beans and peaa
slowly without alteration in value. Inaa corn sas 10
great request and large business done In H. At an
advance q July L. Per quarter on the prices Of this