The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-02-22

proved this week, helped by the better feeling in the
ade gradually establishing prizes more in accordance with
Nose Oh cotton Midding Orleans, 10 49, Moone, oI
Boweds, 10 l6d. per ID.
Since Tuesday there has been literally nothing dong In
bresdstals To days market opened very slow, but TO-
wards the close q somewhat better feeling manifested
for wheat and the sales made the extreme prices
OF Tuesday Flour quite unsaeable quotations. Ia ao-
sence or TRANSACTIONS nominaliy unatered but some
forced sales have been made at very low prices From
France the supply large not only at the principal ports,
but by vessels which discharge at the smallest har
bors the coasts Of Great Britain and Ireland and the
raways throughout the country choked up with sack
-four 50 long these arrivals continue barrels cannot
be expected TO meet ready sale Indian in very
limited request, aud again easier to buy We quote:-
Wheat g. Cd 70 g. for Western 49, 10 To- ID for choice
Southern in retail white, Is 70 rs Cd up to Is. Cd. in
tail for best samples per 7olbs. Four-Ph.ladepha and
Baltimore, rs 3D. TO 23s extra Ohio via North, Is;
via New Orleans, 2s; Western 2os Cd. TO Oh Cd per
barrel. Indian cornMxed and yellow $685. white, 35s.
per $50 lbs.
The arrivals during the week of 04 bushels
wheat, bushels corn, 9430 bbs -four, from the
States 43 sacks -four from France 300 quarters corn
from SPAIN 2,4l7 quarters wheat from the Mediterra
Farmers deliveries OF wheat for the week ending last
Saturday were 924 quarters at AIS 3d. against lO4 Oh
quarters at SIS Id In the corresponding week OF last
year. .
los per having been taken for quantity Of old
steady but decline in prices is looked for as sup
plies increase.
Pork American in small request and difficult of sale,
Irish being taken in preference.
Bacon--The demand has been very easily supplied,
and few arrivals which have taken place have caused
weakness in the market, with slight decline In
prices.
Lard-very Glow and rather easier to buy.
Tallowin very limited inquiry, and about h. per cwt
for = ' 'D'A A ''' ''''e' '''' '"' - '''' w.
Rosn-Common hrmer; fine more plentiful, and Is. to
Is. I'D per cwt lower.
Bark steady at S. Cd o. for Phlsdepha and 6s. Oh.
q Is for Baltimore.
Oils Market bare of SPERM first arrivals of which will
sell well Southern whale has brought f3S per ton.
Coverseed-A to day public sale about 100 tons Anne
Ican RED offered about one fourth OF which wassold
at 50e 52s I'd for fair and SIS 5Ss Cd for good year
ling fine selling at SIS. COS. 3D. per cwt The at
tendance numerous and more could have been sold
but for the unwillipgness OF holders.
THE AUSTRALIAN MARKET REPORTS.
From the London Times, Feb L..
The commercial advices from Australia the present
occasion, dated At Sydney 18th and Melbourne 18TH De-
cember, possess considerable interest Although at the
departure Of the mail the commencement of the English
panic not known, general conviction seems to have
been entertained Of the nature Of the trade carried on by
our principal exporters 1t was plain to every
for months and months goods had been reckessy coz
signed to the Australian markets English and scotch
account, and that revuson OF kind could not fail
There was, consequently great distrust aud a
cry Of scarcity Of money although this side it was
confidence, not money that scarce land beng readily
bueht at nigh rates. just as consos were bought in Lon
don during worst Of the pressure Numerous suspen
sons had taken place fifteen firms having recently broken
down at Melbourne alone for rang from - 600 70
600 00O and which represent aggregate of 100000
The Liberal measures at one time contemplated against
the Chinese immigrants have been considerably soened,
and the act passed by the Legislature Of Victoria with
gard to them merely requires tina, each should pay resi-
dence tax OF &c annually (fl every two months)
During the past 1913 ounces of gold have been
shipped from the colony. I.
the session OF the Victoria Parliament open
ed on the Sd OF December.
Tenders have invited for the construction Of two
lines Of railroad, from Melbourne to the Murray
and one from GeeoDg to Ballarat
staff of frussian mining engineers making tour
through the mining districts.
The following statement is from the Melbourne Price
Caren-There 10 believe that stocks in the
interior the second hands abundant and should
the advces by the coming man report decrease OF ship
menis there would be an Improvement
Another commercial writer says warnings cough have
gone home OF late TO operate as check upon consgnmens
Australia.
A third gives a encouraging view Of the future
SyDSEY-Export market brisk Wool in demand at Sd
20 IS Cd per To- Exchsnge-BaDk bills 70 per cent
premium. Private bills "a per cent.
MELBOURNE ALI descriptions OF goods and produce de-
clinng in price Grain low. Money Little gold
Is leaving Exchange y TO per cent premium.
The articles which TO be pouring In TO the greatest
extent brandy, butter candles, rum oats bottled
beer, booe and Shoes and many kinds OF British
features Cork butter has been sold at 2xd per h. and
have heard has been bought 10 make candles. Flour
has fallen to Eli about the price OF the pre- aurferous
times. Sugar. Of which the market almost bare, has
lately in 10 extent TO depress prices There
be doubt that the mercantile body has period OF
several months Of considerable difficulty in prospect
Failures must take place in great numbers, but IL moi
apprehended that the great houses will be unable 70 main
| tain their credit,