The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-05-12


VOWED that all Europe id expected to take part In tho
struggle however contrary may be the opinion OF iu1
v,Guais. As matter OF course cautious action per-
yades all classes and In cotton the demand confined to
small parcels for the immediate OF the trade prices
showing much rregulaiy, holders ali eager 10 realise,
aud species Of psnc pfeyaling The funds and
SCI decline in quotations must he noted In coneols
railway shares &C. while an increased demand for money
accommodation has enforced the necessity OF raising the
bank minimum of interest 10 "a per cent, which does
Lot the drain OF precious motas, and war re-
qurements Lot likely 10 improve their condition.
10 deys political reports are more favorably reviewed,
and have had the effect of checking the panc feeling
Ds'rusl and apprehension are hosever, the ruling
cs and business Is restricted to retail transactions
The sales of cotton stmsted at 900 bales a. regu
lar rates and although quosti0rs are only reduced al
10 I'D per ID. during tho week. holders desir,us OF
reoliziug would have to subiniL 10 greater decline.
The Manchester market for goods and yarns partakes
Of the current feeling and transactions are narrowed into
small ordefg keep up assorments In the absence OF
stots however producers maintain prices with toerable
sieadnees Though with the more limited inquiry, there
are wanting those who wiling TO make concessions
in order to secure ffesh contracts
JAMES HEWITT oo.'s CIRCULAR.
LIVERPOOL, April %, 1850.
AT the close Of last week much anxiety prevailed in con-
sequence OF The Immediate prospect Of war; matters
continued daily to grow serious until Wednesday,
when panic of unusual violence was precp'tated by
runors of most extraordinary complies atoms the Con-
tuen threatening TO involve all Europe In the pending
struggle The immediate effect was decline In Consos
"a 10 49, while many securities went down from 10
90 per in two days. causing forty failures on
the Stock Exchange at London and several here. The
become casting the deepest over
the country, and for the moment paraiyzing many
branches or commerce, but imparting ut the same
time an extraordinary speculative demand Tor pro-
visions and breadstufs, which have largely ad-
vanced in price, Tho Bank Of England on yesterday
advanced the rate Of discount to 3l per cent and
moi improbable that this may be followed by fur
Their upward movement. Consos, after week Of great
excitement and uctuaton closed this afternoon at 50 to
S9H.
In consequence of the causes briefly referred to above
the market has been greatly depressed, and since
Monday sales have been almost impractcable, even ut
Aa, ohatp tpJ2 uArata
at ed to I'D below the currency Of las! week, upon
which many holders urgently pressed their sam
pies vain; indeed for two three days may almost
be said that we had market The business has been
feess and prices very irregular that correct quo
taions are impossible We may remark, however, by
ding Orleans IS Dominaly worth about 62sd; Mobile,
| G&d., and upland, ESD.
LIVERPOOL, Friday, April 90, 1859.
The allr ming from the Continent OF the crossing
OF the cno by Aus.rians and close alliances having
been formed Fir and Russia, caused the
utmost excitement in trade during the past two days.
and further important advance has been established on
all articles The weather has been wet and cold At
this day market there was fair attendance OF the town
and country trade, and although there not the wild
speculative buying Of tho last two days, good consump
tive demand experienced for wheat aud flour, at
advance OF Is per GENITAL the former and Is 3D. to
L. Cd the latter article. Oats aud oatmeal also met
with fair sale At Cd. and 10d. per centa money
respectively Germ attracted considerable attention aud
several parcels were taken to hold over at an advance Of
about Cd. per GENITAL. Prime white American held
at Is. 3D. TO 7s Cd We quote American red oaty, los.
| to ios 3D.
TIE GENERAL BROKERS' ASSOCIATION CIRCULAR.
| LIVERPOOL, Friday, April 20, 1859.
The serious aspect of Continental affairs caused the cot
ton market to on Monday with heavness but no de-
cded change took place. Since then the complicated
Of foreign politics has produced general panic, sell
bavo been anxious to realise and the buyers
guarity 10 sales has since prevailed and it is difficult TO
give quotations with accuracy they have however,
| been reduced I'd. ga in American descriptions.
| RoBRRT MAXIM SONS CIRCULAR
| LIVERPOOL CORN EXCHANGE, April %, 1859.
The alarming position of politics tho Continent OF
Europe and the anticipation OF immediate outbreak of
war; has created much excitement in the grain trade
throughout the kingdom this week, and the prices de.
msnded for wheat have been quite Irregular but the al
generally obtained IS about 5s per quarter the
of the previous week The trade here has been
equally excited elsewhere, and large business s
vance, each article, varying from Cd to Is cent,
according to the less greater eagerness of buyers
| RICHARDSON, SPENCE 90 g CIRCULAR
LIVERPOOL, April 20, 1859.
During the past week great excitement. has prevailed
relative to Continental politics, and all markets h0 ye
been in consequence unsettled Copsols have suffered
extreme Depression having declined to 49, but close with
little frmness, at &c. On Thursday the Bank of
England raised their rate OF interest TO 81 per cent being
The COTTON market has been seriously affected this
week by the state Of home and foreign politics, and the
prospect OF war; Although holders have generally been
willing to scbmt to decline Of I'D per ID and in many
TO greater reduction, buyers could not be
tempted to take more than sufficient TO supply their mme
date wants. and in consequence the business OF the week
has been small In Manchester there s literally nothing
doing.
TAiIow, excited by the war rumors has further ad-
with active business The value ay
of here, is Cos per cwt By the latest adyices tho
market in London has become flat at 5Ss spot and 5ss
3D. to the end Of June for p Here also the market
| has gone quiet
sEeAR AND ruNNcrrxs CIRCULAR
LIVERPOOL, April 20, 1859.
With an accumulation Of evil tdpgs from the Pc wers
prepared for conflict, have witnessed in the last
days an excitement almost, not altogether, without
parallel The history of the trade The business has
perfectly wild and the advance from Tuesday has been
fully Sd on wheat, 3D. Is on flour aud oatmeal aud 81.
a 3D. each per Genital On oats and Indian corn
! mGIASD, ATfYA AND co.'s CIRCULAR
| LIVERPOOL, April 90, 1859.
Our last circular Niagara the PSI inst sincs
which great excitement has pervaded markets, in
consequence of the threatening position Austria
Sardinia and the last day the excitement has been
much increased by report OF treaty having been
cuded between France and Russia. Up TO
our going to press, however, official report has been
received Of war bavpg actually broken Yesterday
the Bank OF England advanced their minimum rate Of dis
| count from ~ 10 81 per cent.