, 1876-11-04
Ti,P Iradp Prosnect.

The New York Herald of the 2lst ut., has an arti-
Gle in relation 30 the prospective war and Its effect
upon trade, from which we extract TIE following:
Considerable nervousness exhibited on tie Pro
duce Excaug at the opening hours In Consequence Of
tine effct OF The war ru'nors nom Europe on the Chi
elgo grain market The telegrams from that city
quoted grain at 81 i6 TO 81 IS, then Tell OF 10 81 L.
and fuctuatpl between the extreme prices through
oet the day. In this city the grain prices advanced
two cents early IN the business day and remained
frm and quiet at that figure but few oouracts being
closed Pork advanced twenty-five cents yer barrel
on speculative interest In other lines, except
freights there unusual excitement In fact the
merchants on the Produce Exchange do not desire to
make any contracts for the purchase sale OF bread
stuf nrovisins until the result of tie meetn, of
the British Parliament shall be published or decisive
Tne.IsuIrS aiken by kussia Or turkey. \ slIgh. al
vance Was made III gram freights but not attrbuta-
lie TO the news from EurDps. The heaviest ship
Inents Of gram American BOTTOMS are being made
now at San FrSncseo, direct for Liver ool Grain
shppsrs say that Russia has been preparing for this
f)r nearly 3 year ami has graneri full to
bursting 70 gusa against blockde of its RECEIVING
ports.
O tie Atlantic sea ports OF the United States the
Swedish and Norwegian vessels, Consigned 20 masters
or AGENTS. are hrrny held Tor higher rates OF freight
ia anticipation of brisk demand Tor neutral vessels
in the event OF continental war. Shippers Of ptrU-
ieum lagd and tal!ow DO not anticipate any bank
rupt eianre IN prices or trelgts. Ii shall be
declared within two or three months, prices Will not
viii oe TO advance the rates; but reaction Will fol-
low s1se by spectators covering their short inter-
esis The telez1am from the London LloyIs placing
an extra var risk Of five sli.liIgs per ceEtum cr
1 100 on British vessels loading between England
Australia aud the Etsi, gave better tone 20 the
TRANSACTIONS on tbs Maritime ENehanse the v--seis
Owners flying the stars and stripes fell confident of
obtaining char eTs at increased rates Ii WIS under
soOi there tst Russi1n and italian ssels in other
ports receiving offers OF charters and that
the marine insurance companies placing rates
on IA m ad.licnal 20 the five shillings war Iisk
announced by tbe Lonfon Lloyds.
One OF The prominent officers OF the Atlantic Mu-
tual Ins1rznos Company, IN conversation sad that
company had not increased Its rates on American
vessels to Europe and probably, would not Ii the
European problem should be lsft 20 the settlement by
the s6ori amt he felt that It could be settled
now by dip.omaey, American TO toms would he
IN great deaa.d and the ships of the United States
would be 10 ide the carriers Of the world The bel
licerent Powers would lot dare 10 ship Commercial
freishts N then vessels, and the laws OF the
Uniiei States provide that after American built
ship has been Transferred bona fds 20 British oH ner
that vessel ernot be transferred again the Unitei
States fag He belisv d. he said that general war
IN Europe wU,ssd be q gofsen1 TO America At this
tiHe as It Eolld place Thousands Of merchsnt shirs
IN commission and give employment 70 the vast mum
Der OF searn-n uOW IL our ports.