The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-01-11

our circular and TO issue two days in advance
OF the sailing OF the steamer.
Cor1os.-The slight Improvement observable at the
last week has strengthened by the increased
ease in money coupled with conviction that the Bank OF
England would soon be in position 70 reduce Its rate OF
interest Holders have been less eager Sellers In many
instances shutting up their samples whilst the demand
both from The trade and from spectators, has much I'm
proved and prices have advanced I'd ON middhg and
I'D TO Nd on lower descriptions.
In Manchester business is still restrcednot sSone by
the e'hcnty OF passing long date commercial paper, but
by the Conceded losses OF manufacturers and shippers OF
goods and yarns, which oeIrive the trade OF its usual
facilities for raising money, and may for some tune
strict 10 hand 10 mouth system, and thus delay tho
active business with full prices which would seem 10 be
invited by the in financial circles
We quote mddfng Orleans, SD; Mobile, Cd Bowels,
sgd.
Present estimated stock 2ei bales including 100 2o5
American against 3ls,sl, including 1877 sS American for
corresponding date OF last year.
The sales Of the week reach 40 $50 bales and those OF
to day estimated at 1000, including 1000 specula
ton on export The prices paid are very full.
ToRAcco in last week, the trade has been confined
principally 10 Maryland The market is firm, with steady
prices, and the prospect OF mTc extensive business
the opening of the new year.
SuGAR.-With somewhat better feeling in the market
and disposition to do business, there has been
covery of Cd per cwt from the extreme low sales. Az
the holidays shall have passed more trade with
better prices, is expected In the meantime the market
may be quiet but firm.
EREADsrurrs The arrivals within the past week have
been moderate embracing some 1885 quarters wheat
1867 bbs of four and 2l74 quarters of Indian corn
from the United States and the trade has been without
animation except for choice samples Of wheat (which
sea ce, prices the turn lever We quote American
red wheat Is Sd U.s. Cd for ne 6s cd Is. for ordi-
nary and es 3d. 6s Cd for oaty descriptions In -four
there been pressure SELL and the market has
become rather dull well somewhat irregular. West.
canal brings 24s 25s.; Ohio, 27s 28s. for choice
sack -four is 6da Is lower, and French Is offered for
January shipments at 35s. 36s. per $50 lbs fob,
has the effect Of restricting sales OF the finer qualities OF
American For Indian there has been O moderate
consumptive demand, but holders have been offering
more freely and 4s for mixed and 3es for white may
be regarded as top prices.
Provisions have been quiet, notwithstanding fair i'm
ports Of bacon Pork and beef have invited business
by presenting greater variety In old there has been
nothing doing prices remaining heretofore nominal;
but IN new there has been retail trade for bacon at ASS
TO ss p,ms % sSs ss io0s " i0 for
LARD, by retail brings SIS To $685., with occasional
sale Of choice at Sos For round lots there buyers
nor will reners go into stock until after the close Of the
year.
TAIIow has attracted attention and is Of easier
sale. Butchers Association is worth 4es for ordinary
Dos. TO 6ls for fair and 5ls 3D. to SIS for choice
e. F. sArTERTHw AITE's CIRCULAR.
LONDON. Dec "a 1857.
The market for American securities in London has been
inactive during the pa1 week. Illinois Central shares
have been pressed for sale, and have declined TO Is dis
count, closing fla; at Is TO II discount.
CONSTRUCTION bonds are steady at previous rates and IN
demand for foreign account The subscription 10 the
loan makes fair progress but would be taken
the bonds made receivable for any future call and
as the present In its nature forced 'Oan under threat
OF call seems only fair that whenever call Is made
these bonds should be received i'll payment at par.
Some transactions have taken place in the options
at 10 premium, exchange As ID TO the dollar.
The Erie loan makes slow progress but there Is an in
creasing disposition proposals of the
pany Michigan Central bonds in strong demand and
are scarce New York Central and Pennsy lvana Central
continue steady at former rates
Consos have been buoyant during the week and close
at 93t to 933s for account The money market tends
strongly towards increased ease and the Bank Of
is daily gaining strength The rate Of discount has To- day
been reduced to per cent
LIVERPOOL, Dec. 26--1 i. NJ.
No news of importance has been received by electric
telegraph to-day, and markets, well those Of
London, are all closed.