The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1858-02-24

The latest commercial intelligence which we
have from France is contained in late Paris ette,
dated January 3lst) in the London Times, from
which extract follows:
French commercial men are always sensitive
when any political movement is going forward and
more particularly at present, when the country i.
only recovering from an alarming financial crisis
1t Is now perfectly well known that large amount
OF commercial bills, renewed during the manic are
que to-day, and that the Bank of France has consid
cred 1t expedlent to afford further accommodation
mere Is no doubt entertained that finally all these
engagements will be honorablv settled but until
that be done the trade of the country cannot resume
ITS normal position. For these reasons MANY com
mercial men approve the conduct of the Bank OF
france in not further reducing the rate of discount
ha.mucn as IN such case capitalists would be less
inclined to lend to the merchants 1t is further ex-
Pected that as long as money is dearer in France
imam IN England portion of the vast capital which
Is now accumulating in London NAV be attracted
into France.
1t is again asserted by competent authorities that
the general trade of France cannot resume its
natural position until the holders of the large
quantities of merchandise in the bonded stores shall
consent to dispose of it at fair price Trade is in
some measure paralyzed because there is a perma-
nent struggle between the consumer and the holder
OF produce In the corn trade the contest has ter
minated with disastrous consequences to those who
so long held large quantities of wheat and still en-
aeaVored to maintain prices Wheat fell again
last week in almost all the markets of France The
Farls market was well attended with farmers, who
were DESTROYS of selling, but who endeavored to
reallze the prices of the preceding week The mil
lers however, refused to purchase on those terms,
and the consequence was a fall of IS centimes the
sack. The very finest wheat is quoted at from 26f
oOc. to 27f the sack of l20 kiogrammes; GOOD
wheat at from 25f soc. to 26f and inferior at from
z4f. 50c to 25f. 1t still more difficult to dis
pose OF Hour, the bakers having insisted on a furth
er reduction. The price of the finest samples i.
nominal, at 50f. the sack of l57 kogrammes the
pest marks from 4Sf. to 49f., and other qualities
rom 45f to 4Sf. The price of flour for time bar
gains is still lower and although there very little
business doing it continues to decline.
The settlement for the month being partly con-
Guided, leaves the stock dsopsable in the hands of
the sellers, so that it is offered at 48f the sack
The offers equally numerous for February:
those TOR March are not so heavy but still BUYERS
are with difficulty found at 4Sf. SOC. Rye is per
fectly unsuitable, and prices nominal at l6f the
weight of lis kilogrammes. Oats are still in good
demand, and a considerable amount of business wa.
transacted at rise of so confines the measure of
three hectolitres. Commercial letters from Bor-
deaux state that the demand for all descriptions of
produce is dull in that market
The Echo Vinicoie saws =
. A considerable quantity of wine ha. arrived
tins week at Bercy, from Burgundy, by the LYONS |
Railway, and from Bordeaux by the Orleans line |
The official returns give ,S99 casks and 1852 half
casks as the quantity by the former railway and |
9,5o2 casks by the latter. Prices remain without
any great variation and sales are not freouent |
Advices from Bordeaux and Nantes speak of bust
ness as being unusually slack in consequence of the
shallowness OF the rivers which renders inland nay
lgatlon nearly impossible Old wines fully keen M |
their prices in these places, and at Toulouse Mar
ponne, and Montpelier the quotations are even
higher. At Marseilles very few transactions take
place at present. and prices have somewhat fallen.
NOW WINE Is sold everywhere at prices considerably
lower than the old stocks"