The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-12-14

no doubt be still astonishing for the ref
known as smmons' Rect, Is only just opened aad ex
perienced miners inform us that a. the descend IRON
the surface the quartz becomes richer We hnow tha
TINS ssef Is Ssng worked for distance of ak miles,
| well.
We have pleasure in reporting general ;mprov,
IN business and this would be apparent but tina
importers are very ehary in aifordiug credit exsepi
traffic, 1t sound and legitimate trade anc
prevents rash speculation. For the last few day.
| there is observable increase in the number Of
diays loading for the COLO fields and it English ship
pers viii regulate their shi pments by the list
lnsr 'n man y Quotations hence we may o forward to
don Liverpool and the Clyde to Melbourne add Geelone
ior ne renh ending 18th May, are IN value flls 0D2
Of f6l 1897, or nearly 80 cent The total shipments
Tor me year from and 70 the above named places
vaip ed at f6G6 333 steiifog.
The stocks at the sgDgs now perceptialy dimi
nj. hing and slight demand is felt 10 for severa
dggngs has been btedly dull during the past win
ter we believe that IL just great there
Just men,ioned has arisen IN our opinion u sro
the fact that during last summer besides the regular
ttorekeepers other parties engaged in the trate Who
Low rates, 70 the manifest injury those who conduct
their business upon soundsr basis. But the
returns Of gs alluded to else where, tell favoray
upon our trade in general.
MARKETS.
MELBOURNE, Sept Lauors.-Heavy shipmen' from
Sydney having been forced the Market brandy bulk
has declined sinee last to the extent Of Is Is 3D.
per gallon M4rtes be purchased 1885, and Others
in proportion Groceries, Oimen's Stores &c.rhere is
very little change Pearl barley and sage have been
quoted higher but there are sti sellers at prices
salt-Cosse Liverpool worth f5 a5 los salt in jars
is unsaleabe. Soap and starch dull the prcea
latter having given Breadsuhs, &c.-rhis market
stu very unsettled and tae;s are ,1 few tf.nsasons
and Chan and colonial have fallen 60 per ton The
cepts from Chill and California have trning since
have prevented speculation. In sytney chan four has
been sold at E2S l0s Wheat Is relatively high. The
mills except one have ceased working The miers in
Melbourne purchase Mt los 16s bushel and sgd
Provisions-Bacon has declined. Very prime hams
command slight advance. Butter has maintained
good price, but IL ia likely to be affected by local pro-
ducon quantities Of fresh butter being brought
to market American pork has advanced. Chsese.-fhs
article in demand at Is 3D. to Is lod for Cheshve and
Dunopls Sd. Is Cd. There Is a brisk demand for ali des
crptiens Of falted fish, which Is very scarce bu. prices
cannot be quoted higher Preserved salmon and sasnes
hsve'decBned MetslsBar and bolt iron is quoted vt
fl2 to ETA The stocks are very large Pig iron e. bnt
there is little demand Hoop Iron has declined sheet
has advanced IAao-There Is an upward tendency bat
ESQ can With difficulty be realized for either sheet
pipe. Tin platesA third advance be realised for the
most saea6le kinds Bui1ing Ma.erias-Bue Are bricks
GO to "a per thousand and very dali Baltic timber
has improved during the past month The lowest tender
have been made on the wharf Of flooring tengued and
grooved, at 2d to 2H and in the bay 81 ID. a23sd "a
In Of reeen. adyices tIat shio
ments from the United States have ceased, there
is more confidence and holders are no. disposed
to sell except Al advanced rates. demand is
sprngfpg for building and other 10 the Dte
ror The prices Of tim however still rninous to
importers soft Goods-Stocks stii large partcu-
larry Of fancy goods Usefni slops and plain goods suit
ed 10 the season, will now obtain moderate advance
ton sod generally speal ing at rnnously low pces
snd on fancy goods not more Than b. to l0s per on
home invoice can be obtained sales Of silks only
made at from 20 per cent TO so per cent discount,
according to assortment Stocks Of black silks
are very heavy. Boots and Shoes-It should be Oh
this market Suitable invoices and tights
are worth at present 90 per cent. advance Hungarian
MISREPRESENTATION shovels are declining. D. Il. are
however, still worth Co.'S to 6bs Collins handled
have declined Superior cutlery commando from % % %
patent nails are lot worth more than cost price.
GOLD CIRCULAR.
MELBOURNE Sept :. 1856
The price Of gold during the week has fallen from lbs
3D. TO 76s 3d. to buyers, in consequence Of rumored
alterations in exchanges together with the sna demand
to tsAe considerable qusntityeven fully the
White Star and BalarAt. Toe for the week
from Ballsrat alone Our gold.buyins banks are now
6nding that they cannot drive the merchant the leg
mate trader in the produce Of the colony the field
when they reduce the price as to leave mode
rate margin upon remittances, they will ep in and
share with them, the late prices having left only about
they have found out their error they getting
more gold than they actually know what to do WITH and
price 1t Gs.tlsmans and Beadigo according 10 last
dvees having dropped from 7os Cd and 7ss. "a per
los. Cd.
LIVERPOOL CoTroS MARKET, Nov. 30.-Ssles this week.
total this year. 1897 400; same period in 1884,
Imported this week. 2l4 total this year. 1890, 40
same period in 1854 1915 S4s total imported in 1854
Exported this year, l7oes7 period in 1884, u.s.
Computed stocks this day. assl4o a.m. period in 1884,
Taken for consumption this year. 1,s22, 900; same Pc
Ba,es
Taken on speculation this year ..........7 s4 40
stock in Liverpool Dec. 81 1854 $40
same in 1853 .597, 500
Increase Of import this year, compared with the
decrease Of export. 1913
Increase Of quantity taken for consump.ion COO
There has been fair demand for cotton during this
week and though the market has been freely supplied
yet useful American, Of common and middle qualify has
been salesbe At full prices in cases even slight
advance in such kncs being paid upon good business II
n mss T'. ma wh M there S,sns goa supply Of fair
reduced I'D. to Nd. per 10. In Sea Islands a fair
amount OF have taken place previou. rates
supported in price For Brssils the inquiry CONT
very Moderate and prices remain without change
rates. eco American ard $40 SurAts are reported ON
specula ion; and 1850 American, so Pei nam and 400
East India for export There has been fair demand to-
day and the sales 600 900 on specu-
lation and for export, at rather lower prices.
LONDON MONEY hARkEr Friday evening. Nov. 30-The
English funds opened this morning with great rnness
at the advanced prices Of yesterday, but ultimately there
was partial reaction Conso Tor money quoted
6s 10 u, and stood for some time Mt 69x " e. Atthis
point several specnistors seemed disposed reze and
decline occurred 10 s9h 70 " nom which there
no alteration up to the official close. For the Janu-
day At co. but the last regular price sou. At a
later hour there was recovery Of an eighth. The
decline nom the full prices Of the morning was
nj
for money IN connection with the settlement Of the
account In the foreign market In per cent
was paid for loans securities bank stock
closed at 209 10 2l0; reduced, ss TO three per
esuts ssss to y; long annutes, 3h annuitie, 1885,
16 India stock, 24 TO 227 India bonds 6s 10 IS dis
count exchequer bonds ss and eschsquer bills Is. 70
A. discount.
Al the Bank Of England the demand for discount
ttnuee very active but not TO extent beyond what
was anticipated in face of the heavy finding
their way TO that establishment for and other
payments.
In FOREIGN eecurea the transactions xera nnsasrnus