The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-12-06
The Sugar Movement In Europe.


From the Lonoon Hines. Nov Is
The following communication relates to speculative
excite mint laely observaoe N the sugar market Is
from respectable and experienced source bu It's inser
ton must accompanied by the precautionary remark
toai IN all sucn questions the oprions OF sriters are
usually 81 bjtct TO the bias OF personal iIterest:--
cali your atteI tion 10 tho present state OF
the sugar. market which has for some time past been
s,esoiy snc thin these weexs rather rapidly
Ing In ,fce Buy holders stimulate by short
sCckr pecia III the otporis and oy the anticpa I'D
'aliisg tn IN the supplies, caused principally by the
FreI en- operating IN toe Nautilus ana the Americans ~
eft ItCia islands md thus interesting some OF
arrivals due In the Early part Of the ensuing
year.
kl got vii thus reduced 10 very loE point ,out
February leb7 atd tba, iu value will be very conscer
ably .nbsncso IN Consequence II will he well II the
speoulsrs and the pubic Ia general will refer TO the
escipg article In the Times Of rnursday oo 40, 1896.
hsny Of ,be observations therein contained witt
afpdrsble 10 specuaoDs they were 10 pend
inv stueps N Rnesisn railways; and may II needed,
rave The uD~aiy roia rutnous ieses.
Statistics often deceptive but this fact Is certain,
that b2b pcss lead to In the OF any art
Gle. Tbs ABS srikuely exhibited by the great failing oil
IN the we ci sugar 10 the united Kingdom IN Decem
lst6 he be piag OF The EeeeUf ytarUtj.
Beard OF Trace returns. which .ar January Il, 500
tons and FOR February is 600 to stead OF 2nthly
OF st ieast 80 200 ton should this be tho
eRain the three Comng months, what be-.
comes 81 Of the baes OF toe speculation? Agaia,
tie hah and increasing value of nsney must
be iaktn INFO con cerauoD; and that not only as
rtsarcs this country but also the Continent, whence
Chez price, he, higher, even remain s.a.ou-
POLITICAL surttDees sui efVere upon social ana ,o
cis o.siress; in which case "a more than probable
tat cargoes now b,ing imported from Msufitils BY
Erslce ell be otn cleo here.
As America is 10 be expected that they viii
ally draw some Of their supplies iron our West INDIA
Isiap:s teuaily win Cuba &c nov that colonies
have exclusive privileges ia the home market bat
they have thus lar I q comparatively small exs
~ hna By The act accounts IRON the States they
have very heavy stocks of sugar at a their chief ports,
the n ktt 10 reported dull Nov, II mn.t be re-
nenbered hat be autumn or fall trnde Ia the important
.h~tv~ L. Ant
pices Of sugar IN America ot~ outstanding their pros
periy) have materially iesseoed It's consumption. Ihe
New York shD1ir9 and CfrarSrcal Llss says-"Tne
unusual prices current and that have
tencd scsi able portion Of the past year, viii
have the effect 10 curtAi the consumption IN some de
gree. but 10 what extent time alone can determiae
Should that the care large stocks remain hand
ois OF the fat trade Ia tie chief ports the conse
ounce vii be h,asy and rapid tall prices
vplue Of money Upon this ,ubect may quote para
graph from the Atpua Review OF tho american sugar
bs.ket its dated New Yorx, January 10 1858, but Is
strsi.gy applicable TO our pre- ent cond ion II says
The his;ory OF irket the past fes months seo
low futile fiAerirg stAtics and short supplies
u 70 el. ate prices "
ore word upon ID, alleged 4, nci, ncy the Louis ana
crop its rad, "ihis ears trosh not cut yet Is c.
a;ed 10 yield than is, 90 toos. Tho
triersc uch from fra ano much rotten In the
frouId Many plplters seeing that they cosd MT
&c. With csne, have plant cotton irsiead.'
This 90 evident exaegersroa; probably some est.tes
100 lar North or o'her~se unsuitable Tor the growth Of
tee 10 taken 81 tire OF others IA Texas ana Fort
da 10 which tbts, LoIecuons OF cmse do not Apply s.d
~hch must bsVt been sum1At'd oy zoe q. ne Nc Or
esns Fcosvrt -aes) enormous ADVANCE tina, has been
uan,aped 70 be prizes Of sugar aud moasses during The
st Nv Utnths."
To thew tic oicu,y OF srrsing nj correc, estimates
Of gar ~he IN lie growug state. ne only refer 20
the s islnfd Of hauritius The crop was expected
and sa" 10 he tsry par o. present year I, be al
whereas 10 be tue largesi yes obtained
thai npd How OF also have the statements OF the
oelcfcy 10 toe American cotton crop. zen slshed by
the re,nt tvpec the crop- IN the United states
vfl proye about equal that or year aut should I.
be 70, the sur2c. stock now remaining OF the old
crop in the Baysna viii be an ample compensation
ID. comlpg Gre almost oil The gro wing
SPOKEN Of oeing large ana nne ADD both pr)
ouc''cn shpmeet will be stimulated by the present
esueorop-y bgh p ces oepg ABOUT 50 per oeot higher
I'm bord ,nsa tnsy we're a. corresponding dates IN 1884,
1883 and lsi
10 eoucIu,lan, / would remark ,bs, sugar, may ye,
expernp,e by February (as eDtloped shove further
price. but IL qusly possible and more pro-
babe thai ihey viii ree.do and very considerably, too,
Tong before that ptrioo.
GGesrs of ,he Ocean Monarch Fined fur
brnuplity Towards the Crew.
LIVERPOOL. IL. 1856.
Cares outrage board Amer rake, ships, while
the high ard In the river of frequent occur
Ithee. Not uairtquenty feauer jump irto the ct
On tie ar,iss 81 ships al iha pnrl order escape
IRON II brutality o. the nates and nun
hcun,sd INTO tbe hospitals 10 ~n'cn nea have been
hea'tn vahn ipcb OF their ives. Several days dur
ING The Isst W,k Nr. Mansfield the stipendary mags
uate Of Liverpool v1 opssged 10 the investigation OF
cthrkte teADrt Ninanl De tOpFty, Hihh, Woo1NNu,
sec1pd mate; and Miller. fourth mate. OF The large Ame
rcap caro- EMP Ocean Monarch and the evidence ds.
ctec 81 brualies OF The most dreadful add dis
gushing nature cas- ultimately DECIDED that the part
of The river In which he ssssulis occarred was In the
juris lcton Of the county nseetrats before two OF
MON fMr. Thcabs one and NJ Tnne) the Defendants
~tre bioreht today. DE Courcy, against whom six
g. asfaut were proved, nneu IS cacn ia 90
csses, Zach IN three and f1 10 the remsinog
c.e-fp all Eli Woodward WAS lined sos each a1d
IN o and Miller hned s0s and costs
one cast. The money Vas paid in each case
The Arabia st Boston.
sosToS, Dec 6, 1855.