The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-12-12
4 probably merely nominal, Mossrs

q WepspT f1sfei. nominal MesarS
uplands and this H. -
NeiH Pros in their circular for TO morrows Steamer
report follows
The supply Of from the present crop bec~.s |
matter Of more and more uncertainty tn ,ucaI and
,,ts sa,,e aIra.S h seue IA deliveries at the
deficiency TO day ,,c,oJan $3.50 ass Of nearly
o.noo pass ron last year II + therefore impossible
auences nt result ON the whole crop should these "
nSrsos A. '.inue TO operate through the winter The
go. tfeey expressed that planters VIII not readily
.ner crops IN face OF the deterorated value and
iedaeoh Of crop estimates from this cause haa batome
qle general az the south In the present unsettled
M, ~, or Aes~ uowecer The value OF the staple u
~ the prospective sapfN, bot entirely b. ~
wants of the seller and prices AAeIeIoo exhioS great
irfegularty There il no Improvement IN francis mat
tiers, and exchanges are ecen more ufeteo ina before
At New Orleans ssti,s has nussnea IRON 20 70 81 per
week hs market tiers - aemand, and the rates
AYE become entirely nominal The POLITICAL questio
al The day involves the most serious considerations n,
tie eotto trade the least OF which Is the pr hable
effect upon future cultivation The elect OF O. r,ccn,
! adyices IN Liverpool IS awaited with no NJ a anxiety
The regular business for Great Britain has been almost
suspended from the impossbty Of nego' at;ny eychange
and much Of the Gotten shipping ,s on factors and
planters account Inc deficiency i oee bales already
season progresses. Calculation for tie future supply
10 England must he based nv on the stock Liver
rooi the quantity known Y, be and the stock al
ready III our ports, but not upon future receipts al
the orts, as they will be governed entirely by political
| and hnnci0 deveioper4ents.
L
ody based upon the report from Washington that the
Authorities OF south Carolina have assured the President
thai they will continue pay duties til 4th March The
dea generally prevails that the delay thus granted OF
nearly ninety days will afford time for Cancellation and
compromise There many, however, who regard the
new development evidence Of deliberate pur
pose than imputed TO South Carolina and Of frmer
reliance the enacty Of the disunon sentiment than
was generally supposed 70 exist in the minds Of the
49,.
marke, improved in a marked degree to-day. yirgnias
advanced at the first beard, Il Tcnnessees TX wscon-
sins, and the demand for State stocks generally was
better There sale Of 800 900 Of the govern
ment loan at S. The pending discussions among polit
clans and the assertion that the States may secede
at viii from the conederacy are proving fatal the pub
| Tic credit II any state States may withdraw at will
from the Union, the public creditors have very poor
security indeed Fifty cents the dollar would be dear
enough for the bond of confederacy which may be dis
solved ans moment into its component parts In the
event Of dsunon TO whom would the creditor apply for
his INTEREST," Which of the dtsieca will pay the
Treasury notes which The government Is about "a
issue? The speculative railway stocks all better
day at time Is freely bid for Central and IS
Illinois Central Comparing the prices at and after the
first board day with those which ruled last evening,
note advance of in Central of Ia in Erie of -
in Hudson Of u in Reading, OF Ia in Michigan Central,
of IN Chicago Burlington and Quincy OF in Illinois
Central, of f in Galcna and Of in Rock Island The
market firm till about two p, NJ, when it gave
| way the strength of uniavorabe rumors from
| Washington. In the afternoon everything lower,
except state stocks and the market closed irregular the fol
lowing being the quotations States SIS 1874 50
~ Virginia 8's T4a rs; Missouri 6's, 64 "a Tenncs
sees, 6s Canton I2 IA Cumberland Coal preferred,
sa ~ Pacific Mail, 7sis 79 New York Central 73ai
"a; Eric, ISIS "a Hudson River, 37a II Harlem, Is
y; do. preferred, 81 %; Reading 80 X; Michigan
Central ass * Michigan southern and Northern Ia.
diana, 1sa IA do guaranteed, 26'i 274; Panama, III
49, Illinois Central 81 q Gaena and Chicago, 81 u
Cleveland and Toledo, % "a Chicago and Rock Island
40 "a; Chicago, Burlington and Quincy, 63 e..
The business of the sub Treasury to-day fol
| lows