The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-21
MARKETS.

LONDON, Feb s, ls5s-The English funds opened buoy
anty this morning at slight advance upon the improve
mert Of yesterday and subsequently further upward
movement was maintained with great steadiness Con-
eols for money which left of last evening at 95 we're
nrst quoted 96 10 and at the close Of the day there
were buyers s For the 4h of March the last price
was ee14 The reduction of the bank rate yester
day the heavy arrival Of specie this morning from
West ndes and further recovery the Paris Bourse
were among the causes of the prevailing animation.
Exchequer bills experienced a further Improvement
but their position compared with other English Govern
mept securities IS still unsaSactorY. While three per
Gents at 96 the United States Five per Cents are
only l03 but The American government circulate rea
sorry notes bearing but per cent interest," while II is
found necessary that Exchequer bills should G3
l6s h partly to be accounted for by the fact thethe
American notes receivable for Customs dues,
and will thus at all times be prevented from falling below
par The same rule used many years ago TO apply 70 the
English Exchequer bills but abolished without the
slightest reason, and that STEP coupled with other in
of under the predecessors OF the
presen, Chancellor Of the Exchequer has destroy the
repute they enjoyed, and which properly should al
wayn attach 10 them.
In the stock exchange loans government securities
In slightly increased demand, the being from 70
~ per cent At the bank there moderate number Of
applications but in the market the supply abund
ant on best bills at az ~.
The rsusactons in foreign stocks have again been nu
merous, and nearly general advance has taken place.
The corn market dull this morning, with tendency
The report of the Liverpool cotton market for the week
shows diminished activity, but no positive decline in
prices.
The final quotations of the French three per the
Paris Bourse this evening 69f 35e for money, and
69f Csc Tor the end Of the month, showing further
covery OF quarter per cent
RICHARDSON, SPENCE a co.'s CIRCULAR.
LIVERPOOL, Feb. 8, 1858.
On Thursday the Bank Of England reduced their rate of
interest 10 ~ per cent
Cotton-rhe market has been quiet all week. prices
have been firmly maintained and at the close II Is very
difficult to find the good ordinary and middling qualities
at the quotations In Manchester business bas rather im
proved this week, helped by the better feeling in the
money MARKET and In the absence OF Stocks producers
gradually establishing prices accordance with
Of
Bowecs, l316d. per ID.
Since Tuesday there has been literally nothing doing In
breadsufs. To days market opened slow, but TO-
wards the close somewhat better feeling manifested
for wheat the sales made at the extreme prices
of Tuesday. Flour quite unsaeable; quotations. in alb
Of transactions nominaliy unaltered, but some
forced sales have been made at very low prices. From
Franco the supply Is large not only at the principal ports
bors the OF Great Britain and Ireland and the
railways throughout the country are choked up with sack
-four So long these arrivals continue barrels cannot
be expected TO meet ready sale Indian In very
limited request, ard again easier to buy We quote
Southern in retail white Is to 7s Cd up TO Cd in re
tail for best samples per 7olbs Four-Philadepha and
Baltimore, rs 3D. 70 2Ss extra Ohio via North, rs ;
via New Orleans, 27s Western 20s Cd. 70 2ls I'd per
barrel Indian corn-Mixcd and yellow, 33s white, 35s
per 4S0 lbs.
The arrivals during the week consist Of so lol bushels
wheat 42l47 bushels corn, s43o bbls our, from the
states 343 sacks -four from France 300 quarters
from Spain; 24l7 quarters wheat from the Mediterra
mean.
Farmers deliveries Of wheat for the week ending last
Saturday 81 54l quarters at AS Gd against lo4 6
quarters at b7s Id In the corresponding week Of last
year.
Beef has sold TO average extent during the geek ca
los per erce having been taken for quantity Of old;
Few steady bu. decline in prizes is looked for as sup
| plies Increase.
Pork American in small reqrss, and dcul, Of sale,
| Irish being taken In preference.
Baccn.-The demand has been very easily supplied,
and the few arrivals which have tax place have caused
some weakness in the market, with slight decline in
prices,
Isrd-very slow and rather easier to buy
Tallow-Ip very limited Inquiry, and about Is per cwt
cheaper: the London market closes very fat at 52s 3D.
for = YC
Rosp-Common nrmer; ano plentiful, and Is. to
II. I'd ger cwt lower.
Bark steady at S. cd 9s for PhiBdepha, and 6s. ed.
a Is for Ialtimore
Os Market bare OF sperm, first arrivals Of which viii
sell well. Southern whale has brought fSS per ton.
Coverseed-At IN day public eale about 100 tons Ame
rcan offered about fourth Of which sold
Sos 52s I'd for far and 5s SIS Sd for good year
lrg fine selling 5ss Cos. Sd per cwt. The at.
nnisnce was numerous, and could have been sold
but for the unwillngness Of holders