The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-05-14
Commercial Affairs.

SuANGHAE, March 2, 1854.
Our last circular was dated February !, since when
prices Of imports have generally advanced aud consider
able parcels of cotton goods have changed hands; but
purchases have almost without exception been made
by foreigners speculation, and cannot yet
port any improvement in the native demand In exports
operations have been much reduced scale, and
coming here long the city holds against them
ii is probable that the larger share of the produce in
tended for this place will be directed to Canton until
affairs arc more quiet in our neighborhood.
The northern army of insurgents had not moved from
their winter quarters by the last advices. Here at
Shanghai the mperaliss succeeded in preaching the
walls by Of mine the morning Of the 9th ut
but driven back in the assault with severe loss
Since that date bat little fighting has been going on
though the Imperialsts daily receiving reinforce
ments and report is current among them that Heang
yung the mandarin in command Of the lmpcrialsts be-
lore Marking, will shortly arrive here and assume the
GENE mt Of the siege. The rebels in the city do
show sign Of weakness disaecton and the siege
tom House which has not been recognized since the 7h
Of September, was formally acknowledged by the
ts on the trade q the port have been collected since
that date according 10 treaty.
AMERICAN CoIToy GooDs-About 30 010 pieces have
changed hands during the month, the balance of the
stockover 100 600 pecesbeing held at higher figures.
Purchases have only been made for English and
in view Of the supply at hand buyers do not appear
inclined to go on investing The bulk of sales ef
fected Mt 81 30 for 4oyard drills, but within q few days
more competition has been shown and sales have closed
al 50 piece ards at proportiona,c price, Jeans
lave not leen wanted and only few pieces have been
taken OF 81 co. holders decline to sell under 81 40.
About COCO pieces Of brown seetngs have been dis
posed Of ct 81 go These sales made for cash. and IL
shows considerable advance the prices that have
ruled since the capture Of the city.
CHiSTzss, HAsnsrRcnEFs &c, are not inquired for at
at auction, which brought II cents per yard.
lAD-About 500 reculs sold, a fortnight since
and within few days the price has
lone. Other metals without inquiry.
BLACK 1fAs,-About 40 chops Of Congou have been
chops, mostly common, which are offered al lox 70
It's, duty included One or two chops Of fair Ming
chow teas remain which offered at is is It's Prices
were well maintained in the early part of the month";
but laterly the tea men have submitted to reduction
and II tonnage continues scarce, further decline may
be expected The small lots of Something's and Oolongs
which mentioned in last have ali been taken al
about the prices then named
GREEN TK.s-Have arrived in small quantities, and
purchases since our last do not exceed 5000 pkgs
least 900 pigs detained here by the andarns
but as the custom house is established they should
come on soon For England the demand Is less active
but for America more eagerncs is manifested and the
few chops Of really good country tea have been taken
young son, Tyson gunpowder and imperial fully
It's in advance Of those given in last and skin and
1ssnssy about M neu1Dg the export duty ~ Us
Of understandable city packed skins and twankays
BULLION About sec, 900 in bar silver and treasure
was received during the past month nd remittances Of
the first named for purchase of bills now remain on
hand, or have been put In produce. Native bullion has
not varied since our last and sycee is still quoted at
Sl2 per us 100 gold bars $3.50 per bar of otis I'M &c
Mexican dollars nomnaly 20 per cent discount chopped
dollars, Offering
and bank bills are to-day quoted 5s Cd and S. Id
ior general credits; Companys rupees $50 285 per
Sl0o drafts on Canton 10 per cent premium added.
FRflcHrs are fully maintained at last quotations
and the arrivals have been taken up terms not made
public but generally believed TO be Gs and pvards for
teas 10 England The Rremeo ship Aristes is chartered
TO Canada for fl0 all round To America the rate is
n'minaly s25 per tonhe only vessel in port loading
on owners account But few vessels looked for and
rates OF freight are expected to high during this
month.
Barring BROTHERS AND co.'s CIRCULAR.
LONDON, April 2S-5 L. ".
We have no improvement 70 notice since our last cir.
cular in the colonial and foreign produce markets which
continue TO to influenced by the Of foreign politics
sugar ard coffee are steady Breadstufs firm Tea rice
and cotton Gull Money, for short periods Continues
easy Consol leave oil at SIN Bar silver S.
l%d. Dollars 81, CID. American eagles Sss 7id The
Overland Mall arrived yesterday with ady!ces 10 the fol
lowing dates 2lst February shanghai Cd Can.
ton 9Th batavia ilth, Calcutta 1ith Colombo rs b. aud
Bombay ss,h March.
In american Stocks we mention no transactions
except in United States Federal Stocks Our remaining
quotations nominal, in the absence OF any regular
demand
United States 6 rcr cent 1nc rn-