The New York Herald Newspaper, November 22, 1847, Page 2

der or rapidity with which these cirew' may come about, no on@ can attempt to r- mine, beease, tae minister haying undertalten to regolate the supply of money, it is now a mat- ter not_of caleulgtion aeeording to fixed laws, but entirely of individual diseretion; but, that such events, or others analogous to them, will happens, can only bs doubted on the supposition that the yielding minister of to-day will deter- miae, at some time of farseverer peril, to take his stand and to deny relief of any kiad. [From the Allegemeine Zeitung, Oct. 28 } The present aspect of the Stock Exchange might justify the belief that the worst is over, for the pablig have largely boaght up Consols; this, however, is a very fallacious sign, for these purchases of stock are notoriously made for the accounts of private individuals, who avail themselves of the present depressed state of consols to make profitable investments ; but this, on the whole, can be of little assistance, as the amount cannot be large. Formerly, when consols were reduced by contingencies to 87 or 86, the public rushed into the Stock Exchange to avail themselves of the favorable opportunity. Now, when stocks are much lower, & fay, hen dred thousands only are slowly and hesitatingly bought in at a price of 80. Volens opie o radical error must be reverted to—namely, “ railroad payments; a few companies bare a ready suspended their, “calls,” but, nevert oo less, more money continues to be spent than the nation can afford, and a still severer monetary pressure, and a greater prevalence of distress, must take place before, the public will become aivare of the absolute impossibility of going on. Zn addition to this, several railroad compinies have already resorted to the dangerous means of paying their contractors in bills of exchange. The Birmingham school of political economy, which lately convened a public meeting for the purpose ‘of thundering away against Peel’s Bank Bill of 1844. uttered nothing but smoke in their resolution, that the odium of the crisis was un- justly east upon the railroad disbursements, ‘whereas the mischief was solely attributable to the banking arrangements of Peel, This, is sheer nonsense, and wi!l produce no impression onanybody—no more than the Anti-Gold-Law League, which is but a base and begearly imita- tion of the Anti-Corn-Law Confederation. The best argument against the opinion that the rail- roads are not in fault,is the seriously propounded project to issue a new and inconvertible paper money, bearing 5 per cent. interest, on the s¢cu- rity of those railreads which yield an interest of 5 per cent. and upwards. This paper would certainly be safe; but would not such an issue of paper be equiv sient toa secret confiscation of all railroad property of the state? To this, how- ever, it may eventually come. The railroad works cannot go on, and the only question is who is to stop first? If the government do not interfere, every one will go on as long as he can; but in the mean time money must remain at an unnaturally high price, end by and by thousands will be left destitute, to say nothing of the im- mense loss of capital, whic the projectors will ge be compelled to sustain. [from the European Times, Nov. 4.) We regret to state that, besides the mercan- tile failures, we have to record the stoppage of several banks in various parts of the country — ‘The North and South Wales Bank at Liverpool, having numerous branches in the Principulity, has suceumbed under the influence of » mischie- vous report, which cansed a run upon the bank. The Salisbury Bank (Brodie & Co ,) the Shaftes- bury and Hindon Bank (Brodie & King.) and the Shrewsbury Baok (Adams, Warren & Co.) have also stopped payment. ‘ Manchester has not escaped amid the exten- sive rain which has prevailed elsewhere. The failure of Mr. Robert Gardner, a merchant trad- ing largely to China and the East Indies, be sides having extensive spinning and manufactur- tog establishments, has produced great surprise. The honse of R. & J. Farbridge, and Martin & Hartwright, besides several minor firms, have also failed. : In Loadon the chief suspensions have been Scott, Bell & Co., extensive East India mer- chants, who have, however, it is stated, since resumed business. The colonial brokers of Mincing-lane, J. P. Howard & Co., and Charles Sutherland & Co., have also been compelled to call their creditors together. The latter has re- sumed business. We regret to state that Messrs. Coates & Co., the buyers of goods for the Ame- rican murket in Broad-street, Cheapside, have stopped payment. Their liabilities‘are estimated #t about £100,000. Mr. J. 8. Curtis, an old house in the hide trade, has also failed. On the ‘continent considerable failures have e ; Leghorn, Genoa, Trieste, Lisbon, 1, having chiefly suffered. The French t. Petersburgh, of C. Riva & Co., has nay mention here that the drafts of the Union Bank of Calcutta have been refused ac- ceptance by the London agents, and have been returned, the effeet of which will be serious to the parent establishment The statement of the affairs of Messrs. Gower & Co. is not very mre arb Their habilities are £450,832; their ledger balances are £573,501; the present valuation of their assets only £112,- 331. ‘The Mauritius estates do not seem to be eaprble ot valnation. ‘The debts of Fry & Grif- are £90,979, whilst the credits are, but £19,231. An investigation of their case isin progress. It was with sincere regret that we had to announce in our paper of the 5th ult. the failure of the highly respectable firm of Messrs. Thomas, Son, & Laterte, extensively engaged in the Russian trade. Letters received in Ham- burgh state that “‘the Emperor of Russia had given orders to the bank to assist every merchant that might be able to prove his solvency by his books.” We are gratified to learn that Messrs. Thomas, Son & Lefevre were the first to whom this generous aid of the Emperor was extended. In consequence of this, it is generally anticipated that the London correspondents of that firm would forthwith resume business. A statement of the affairs of Barclay, Brothers & Co. has also been made public, by which it would appear that 14s. in the pound is the most that can be hoped for the creditors, and we are afraid the dividend will scarcely amount to that figure. It is satis- factory to state that Messrs. Barnett, Hoare & Co. have announced the receipt of ample funds to coverthe drafts of the Ohio Life Insurance and Trust Company at New York, on Gower, Nephews & Co, and request the presentation of the bills forthe needful; and_it has also been notified that the drafts of the Gore Bank, Upper Canada, drawn on Ried, Irving, & Co, will be protected by Glyn & Co., ample funds having been remitted for the purpose by that institution. The interval since our last publication has been pregoant with the most remarkable com- mercial events. The circumstance we now de- tail, which Ird to the intervention of government its transitory effect, and the resolution of assem- bling Parliament on the 18th November, will all beresd with feelings of deep interest in every uarter of the globe. The state of commercial at airs in this country, as well as the consideration of what is to be done for Ireland, rendered it ne- cessary that_ Parliament should meet before Christmas. It is also ve desirable that if the Bank Charter Act should be infringed by. the government measure the heavy responsib which ministers have taken upon themselves should be relieved with the least possible delay by the people themselves, through their consti- titional representatives in Parliament assem- bled. Wethink it right to add, however, that the best informed persons, including the bank di- rectors themselves, are of opinion that no actual violation of Peel’s Act need be ventured upon The bank directors perceive that to infringe the act would forfeit their charter ; and before Par- liament consented to pass a Bill of Indemnity. snch conditions might be insisted upon as would destroy the exclusive privileges of the bank for ever. Whilst the bank directors themselves are actually borrowing money on stock at seven per cent. until the 20th November, and charging eight per cent on similar security, and nine per cent on discounts, it is plain that, as regards money, no got relief can be calculated upon. The general contraction of all business and en- gagements is, however, working gradually a cure. Its fatal effects, however, are but too evi- dent in our present journal. On Tuesday, the 19th ult., a deputation of Li- verpool me roliants waited on Lord John Russell in Downing street, and set forth in earnest terms all the evils under which the town and the ge- neral commerce of the country was solicited. The government, however, firmly, but, in the most considerate terms, refused the application, and in the three or four following days the mer- cantile pressure considerably increased. Banks in various parts of the country failed. On Satur- day, the 28d ult, Mr. Masterman and Mr. G yn, at the head of a deputation of London bankers, called upon the Prime Minister at Downing street, und were immediately admitted to an au- dience. They represented the intensity of the panic; the impossibility of allowing matters to continue without making some effort to alleviate the pressure; that the bankers'were full of money, but not one dared to part with it to his customers for fear of a runupon him, and their statements produced such effect on the mind of the Minis- ter, that he promised on the Monday following to give them an answer. Mr. Rothschild alse visited the Minister. When the news of these interviews transpired a better feeling in the city was the result. Consols and shares somewhat rallied. It transpired, also, that Sir Robert Peel had arrived at London on the previous evening, and was immediately called upon by the Chan- cellor of the Exchequer. The interview lasted several hours. Sir Robert Peel and hie lady the | The London Times, | still worse disasters, that there ai : a following day went'toWinaoi le on ly visit to her Majesty, all which was highly significant that somethin, impprian was meditated. Oa Monday, in the middle of the day. the official document was made public: ‘The effect of the measure was electrical: in the reneral eagerness of speculators for @ fall erase in their accounts the market became wild. Con- sols in a day or two advanced, after the most violent fluctuations, not less than five per cas upon their extrem: st point of depression of the previous week. Shares of railways, which had | been ruinously depressed, rose ranidly. Lon. don and Nerth Western rose from £10 to £12 a “hire, Exchequer bills only rallied to about 153 to 20:discount. ‘The sugar market became more active, and cotton and corn advanced consider- ably. ‘The difference of opinion amongst the press respecting the policy of this virtual sbro- gation of Peel’s bank act was most striking. with an ill-suppressed feel- ing of disappointment, boldly reproduced all the arguments which they have lately so uoflinch- ingly urged against the intervention of govern- ment, which was again pronounced as most mis- chievous. rs On the other hand, the London Morning Chronicle, having urged the Government to in- terfere, in a series of articles, when the measure was announced, indulged in the most extrava- gant expressions of setighaction and exultation. Ministers had saved the country, that journal said, and had given a deathhlow to a most ab- anrd law, which only imposed fetters on_ trade. The Morning Post and Morning Herald were equa'ly unres#ryed in their nobounded satisfac- tion at the acknowledged failure of Sir Robert Peei’s Act, which was condemned by them all, in the most unequivoes| terms. The Daily News was the onl paper which, carried away by the delight of the moment at seeing “the charm of the act of 1814, dispelled,” went eo far as to ad- vocate an unrestricted paper currency. That journal said, “ We cannot for our lives see in what way the public is more benefitted by the Bank giving into the hands of the private bankers a number of its notes, instead of the private banker issuing his own notes to the same *mount, serving that the security wou'd in both cases be the same.” The experience of the history of the last twenty-five years, and all of the failures of private banks of issue, which spread at various periods universal ruin, seemed for the present quite d garded. ‘The satisfaction of some of the jour- nals which have applauded the Government measure obviously arise, from rancorous polt- tical animosity against Sir Robert Peel; the grati- fication of bring triumphant is a source of de- light to others; whilst again sincere conviction seems to be the cause of the satisfaction ex- pressed by more than one journal at the virtual repeal of Peel’s act. The London Times and. the Mancheser Quardian, in agraver view of the case, appear, on the other hand, equally and ag conscientiously impressed with the signal im- policy of tampering with the currency, but as they allege, by other cau: he excitement and rise of stocks proved evanescent. After the first general rush of prices upwards, speculators began to reflect upon all the bearings of the measure, and stocks became at first stationary, and then proceeded steadil to recede. Consols, before the week terminated, had relapsed to about 80 for eae and London and North-western shures to 147; the price of exchequer bills, perhaps the truest criterion of Government credit and the value of money, fell to 183 discount; the cotton market became as dull and inactive as ever, and prices receded; whilst failures in Manchester, Glasgow, and London, still continue to cause great dismay in the mercantile world. Meantime, the tone of the press generally has much moderated towards the measure. [From the London Times, Nov. 3.) Look at the balance-sheets of those who have failed, and then ask whether the Banking Act, whether a restricted currency, whether panic, whether any outward cause is fairly responsible for the result. Nay, we will put the farther ques- tion,—has it not proved in most instances a posi- tive advantage that these houses have been com- pelled to close their accounts, and have not been allowed to go for years deeper and deeper into the abyss of insolvency. When houses with lia- bilities to the amount of some hundred thousands can hold out no better prospect than a dividend of 4s. or 5s. in the pounds when the bulk of the property was locked up in plantations, in pro- | duce, or in capital advanced to branch houses, and all the balance at the banker’s to meet @ mountain of bills, was two or three thou- sand pounds; when it came out that the house never had been solvent, if not in the memory of man, at least in the experience of the living partners ; when it was all credit, anda feeble existence was only protracted by a continual ex- tension of engagements that must ultimately be discharged by repudiation; when the venial weakness of friendship, or some still stronger tie had allowed a ruinous subtraction of capital far beyond the power of any legitimate profits to co- ver and repair; in such cases as these it must be pronounced that it was for the good of society, for the purification of credit, for the prevention of be an ear- ly account. We say it with pain—such instances were only hidden sores, which atoo lax system of credit would only develope into wider mischief of houses thus cankered and undermined can only exist by borrowing—that is, by involving tresh victims. The men themselves may be hon- est and hopeful. They are bound, however, by the law of their circumstances. Theit condition is debt. The longer they survive, the wider they extend the partnership o1 their risks and their ultimate ruin, The Reyal Bank of Liverpool is so signal an instance that we have waited with some anxiety to see how it will strike our contemporaries, especial- ly those whose verdict for every bankruptey is “wilfal murder by Peel.’’ It appears that for a long period this bank has been the jackal of one boge lide in the shape of a certain speculative house. Its credit, as fast as it was generated, ws pledged for Messrs. Barton, Irlam, and Hig ginson. The manager, an abje and faithful ser- vant, having advanced a large amount upon surances whica were not fulfilled, would have brought the account to a close, but was not He ported by the directora of the day in his strongly expressed opinion. He fell into ill health, as might be expected, under such a trial; and the chairman of the directors took hisplace. Under this amateur manegement the relations between the bank and its customers were drawn closer and closer, till the two parties became abso- lutely identified. Whenever the question of further engagements arose, there ensued a free conference and communication of views between the bank andthe speculutor. The di rectors took a review of the cotton market, and agreed to warrant Mr. Higginson’s rather coo- siderable ventures in that commodity. By-and- by they had but little choice, as they discovered, in the words of Horace—Una dies utramque ducet ruinam. They must stand or fall together At one time, indeed, they had almost mustered courage to cut the connexi:n, but just at that moment another bank was broken by a similar cause, and public opinion became too excited for the attempt. So it went onand on. Meanwhile the bank had made other large advances, for which ithad only securities of 80 inconvertible a character as to be unavailable for banking pur- poses. At last cotton fell, and money rose in | i) value. Pressure steadily came on Panic was tse last ounce that broke the horse’s back; and at lastthe Royal Bank, which was, in fact, a great trading company, stopped, like any com- mon dealer, from the action of low credit on ill- judged investments. It extended its risks as long as the market allowed it. If the ‘‘tight- ness” cut short its operations at last, is {ta mur der, ora just, a beneficial, and a legal execu- tion? We have not space, nor indeed much in- clination, to enter into a detailed criticism of the statement which appears in our city article of this morning. One thing, however, is very clear, and has indeed long been a maxim of coummerce—that merchants, being in many re- spects much in the condition of bankers, ought to invest in landed estates no more capital than they can sately spare from their trade. Pressure and depreciation must come sooner or later Sugar plantations are as little capable of being paid over a counter, or sent through the general post, as limeworks, or quarries, or mines, or un- finished docks, or other such sey securities. Speculations of this sort are only beneficial when they are carried on with capital that can safely be spared from other engagements. They are not the proper business of a banker, or of a merchant, who ought to deal only with far more disposable commodities. (From the London Standard, Oct, 28.) The sacrifices made by multitudes in every branch of business, who have survived, or who may survive, the present storm, are enormous, and cannot be known till the next free trade hur- ricane—and which is not distant—overtakes us. The turn of the agriculturists comes next: their produce and their property are, and mustbe, the next, the helpless victims. scape ix impossi- ble, if free trade is persevered in; while matters have proceeded so far in 4 course of error and injustice, that, even if the delusion was abandon- ed, the ayriculturists inust be severe sufferers — ‘The rise of interestalone will prove most injuri- oustothem. Already we hear that the mortga- gees in Scotland have given notice that they in-4 tend to raise the rate of interest on all morigages on heritable property to 5 per cent. instead of 34 percent,: this will rain many proprietors. The be extended forthwith to England and to Ire- as regards agriculture; and also to allhouse, and factory pronase in faet, to every- thing where capital is necessary and wanted,— he result of the whole is—and a melancholy result it is—that after thirty years of pence we have not dminished our national debt a sentnong we have increased; not diminished, our yearly national expenditufe; we have, ia following | try, but the gea-ral inpeesion I, that aot of the ve. ; ; te ont adelusion, sacrificed not only the whole amount of the earnings and economy of onr po- pulation during tirty years, but much of their capital; we have disunited the colonies in interest from the parent state ; we have, by our folly and neglect of our owa interests, raised foreign rivils to wealth and prosperity, and power and influence ; we have FF Ries the rate of interest amongst us so high, oa account of our poverty (from which point it is not likely, if our erroneous policy it continued, to recede,) that it paralyses every enterprise, annihilates the powers of in- | dustry, renders it impossible to carry on manu- factures to advantage, and which will quickly drive capital and manufactures, and cuttivation and commerce, from our shores, especially when the property tax ig trebled, as we believe it 15 intended to be. Iu short, our burdens are heavier, our property less valuable, and our means less than they were in 1815. Yet all this is, comparatively speaking, only the beginoing of sorrows, if the ignis fatuus of free trade is fur- ther followed and adhered to. We cannat, and we need not, proceed further in these melancholy recolleetiona and anticipations. ao Se ‘he Sacred Harmonie Societ: resume - phan at Exeter Hall, the thled’ woels in November, with Mendelssohn's oratorio, Elijah. Mr. George Wild is negotiating with Mr Cavill for the Olympic, Should his offer be accepted, he will open it at Christmas, with & comic pantomime and other en- tortalnments. Sir Edward Bulwer Lytton’s new play, the subject Cromwell, will not be ;produced at the Princess’s until after Christmas, as Mr. Macready’s present engagement will terminate three weeks from this time. Mr Buckstone hasa piece in preperation for the Ly- ceum. in which Mrs, Fitawilliamy and her daughter will perform. Mr. Wm Farren, and bis son, Mr. Henry Farreu, have exovllent parts ip Sullivan’s new comedy, whieh will speedily be produced. The Promenade Concerts at Drury Lane will be con- tinued a week over the month as originally announced, and will conclude with a bal masque. Mr. White's new play will be’performed at Sadler's ‘Wells in the course of a few days. ne ate pera, translation from the /tallan, wi ‘foe AY operatic season at Drury Lane,in which Staudigi and Pischek will make their appearance. George Wieland, who has eo often excited our risible faculties, is, we lament to say, seriously indisposed, Miss Dolby receives 60). per woek for singing at the Pr-menade Concerts. The French plays will be at the St James's Theatro, as heretofore, and will commence earlier than usual, un- der the management of Mr. Mitchel Mr. Li y isia treaty with Roger, the celebrated te- nor, for next season. Mr. Henry Betty has entered into an engagement with the manager of the Gloucester Theatre tor a few nights Jobn Reeve has been playing ‘at Liverpool with great d Mrs. Kean have just concluded e very suc- cessful engagoment at the Theatre Royal. Birmingham Mr Lumley, of Her Mojesty’s Theatre, has proceeded te Berlin to recruit for the next opera season M. Berlioz has been elected a member of the Society for the Promotion of Music in Bohemia. Great pre) tions sre making at Vienna for bringing out Mendelssohn’s “Elijab,”’ which is te be per- formed by upwards of 1,00u artistes and amateurs. Fashions for November. Capotes—The following models are the latest and most becoming. Satin isthe most favorite msterial used by our modistes for thisstyle of bonnet. A capote of satin, lilac rose, of the shade orseille, prettily contrasted with tit coques of violet, ribbon and griffes placed in « slant- ing direction, the latter being formed of twisted lace. to match color of the satin. We must also mention those of the dairy color, of a brilliant carnation line, de- corated with trimmings of damier ribbons, that is, rib- bons figured like a chess board, in squares of black and daisy color, 8 border of bleck lace, a deux trtus, being posee upon the edge of the front. Bonnets—The mite- rial mow most in request is decidedly velvet, made quite simple; tor instance, we have # charming model now before us. made of grenat-colored velvet, ormamented with a tuft of bleuetts composed of velvet of the same color as the bonnet; and in the interior is prettily ar- ranged a dentelle de sols, intermixed with ooqurs of ve- lours epingle, ofa verdant green hue. The form of the of tonnets are much thesams as they have the summer, the only perceptible change being, perbaps, that the brims are rather more closed; the crowns roundaadlow. Cloaks—Those intended for the ensuing winter will be muoh longer than those worn last year, particularly those intended for walking. or negliges for morning wear. They are composed of vel- vot, satin, or cachmere, some being brode, whilat others | the fa- | are’ trimmed with rich leces or fringe, vorite colors being dark blue, violet, &c , without omitting black, which is always much in vogue. Nogliges du Matin—We cannet explain better what is most generally worn than by giving the following model: A pelgvoir of cachmiere, the color ecru, lined with large sleeves, having an opening just at the el- bows, and confined with noouds cf cerisy ribbon; this peiguor is fuiled upon the shoulders with revers or facings, which continue to the lower edge of the skirt ; petticoat trimmed with five festooned flounces put on | en tablier ; under sleeves of plaited cambric. Dinner | Drenses—Velvet and silk seem to rival each other in | forming this elegant toilette. We may cite the two ful- | lowing costumes as an example :—A robe of pink silk | trimmed with ruches, helf tulle, half silk, reaching to just the aeight of the knee; plain corsege, made open in the front, and covered with petit ruches, parting ea ger- | bee at the waist and on the shoulders ; short sleeves ruches, and long lace sleeves. Secondly, a drees of vio- let colored volours epingle, made very full and without any ornament ; low body, and fichu of black lace, the ends of which are attached upon the front of the cor- sage by s multitude of petites coques forming evantail, and made of English green satin ribbon, having a moat kirt. For velvet pelisses nothing sake prettier 9 Brandenbourgs point d’espirit, whilst those composed of cachmeire or Pekin are sometimes decorat- ed with a very largeround braid, f»rming patterns some- what resombiing the coutache embroidery.— World of Fashion, The Corn Trade of Europe. [From the Mark Lane Express, Nov. 1 } Several circumstances have occurred since our last | which have had a tendency to givea firm tone to the wheat trade, the most important of which has been tho step taken by government with a view of relieving the pressure which has so long prevailed in the money mar- ket. The terms, however, on which the bank is to grant aseistance are of too stringent a character to be of much avail for general business purposes ; and we | mast coptess that we de not see how matters are to be papeerey whilst the minimum rate of interest continues as high as eight per cent. ‘The impression at first pro duced appears, however, to have been favorable, und ut most of the leadiog provincial markets prices have shown @ tendency to advance ; this bas probably in rome measure been strengthened by the tone of the ad- vices from America. the accounts received from thence by the steamship Hibernia stating positively that no farther important shipments of breadstuffs to Great Britain would be made this year. Another cause for firmaness on the part of holders of grain 1s the increasing conviction that a large tion of the potat parently sound when dug, will not keep, and that tra consumption of bread will consequently tu! winter months. There has, ne’ it of animation in t! rather numeroasly att istant buyers, but, owing to wheat being held 2d. por 70 lbs, above former rates, the transactions wera not on an extensive scale. In flour 1d deal of business seoms, however, to have bee: ud really good brands of American, which had the week before been 258., were on that day held at 278. per bri ‘sabsequently received from the United States additional impetus to the in- per bbl. From the principal conruming towns in Yorkshire we learo that, though the supplies of home-grown wheat had not increased much, the quantity brought forward had about kept pace with the demand; and prices were not higher on Tassday, either at Leeds or Huil, than on that dey se’nnight, At Waketeld, on Friday. an ad- vance of 24 per qr. was insisted on; which being paid with reluctance by the millers, the operations were on a restricted scale. The reports from Bristol, Birmingham, Gloucoster. Worcester, aod neighboring places in that part of the country, are of # similar character, purchasers having goneraily Adhered to the plan of buying ooly sufficient for immediate uve. Out-door work has been more or less interrupted by the heavy r ins which fell at times fallen, but, on the whole, the weather has been highly auspicious, and there is reason to believe that the sow- tog of wheat will be accomplished la a very satisfactory manner. As yet no material increase bas taken place in the deliveries from the growers, and previous quotations have consequently been pretty well supported at t] objef maravts in the agricultural districts; the time is, however, approaching when more liberal supplies must be looked for, and we are certainly not sanguine of any rise of importance in prices Our letters from Scotland state thet business in corn had been rather dull at the leading towns. At Edin- burgh, on Wednesday, wheat, as 4 barley and oats, recedi er quarter in price; and at Glargow, , the torn was likewise in favor ot the buyer ‘rom Ireland we learn thet, though prices of provi- sions were not particularly bic (the value of core hav. jog rather tended downwurd snan otherwise.) very geont distress prevailed ainong the poorer classes The fact that potatoes have been much | extensively cultiva- ted than usual in the sister isle, and the tear toat those grown will not keep, had cwused this staple article of rood to rule bigh in valae, and there is too much re 4.00 to apprehend that this winter will prove almost as dis- estrous as the last We bave in to report @ small arrivel of wheat coat wise into London, only 4832 qs having come to hand up to this (Yaturday) evening. ‘The quactity exnibited at Mark Lane by, Jand-carriage Samples from Fenex, Kent, and Suffolk, has meanwhile been trifing. On Wednesday there was scarcely anything offering, be farmers wilt also feel this evil: their cash 1its | yond @ parcel or two left over trom the previous market | will bereduced in nuinber and amount, and where | Gay, Large transactions were, therefore, out of the these remain, be charged 6 or 8 per cent, instead | question ; but the fow sales made, were at rates which of dor 5 per cent,as formerly, The same system | ;s would be dificult to have realised in the beginning of | | serious, the week On W vingrery te on. naoes to exceed Monday's ourrency by I qt. Foreign wheat still continues to come to Bo less than 39.000 qra. Save arrived within last, eight days. The grester port of thia supply is from places lying east of Gibraltar. aod consists mostly of in- ferior Black Sea qualities We have no means of kaow- ing how much mors may still be on passage to this coun- even from the more distant. paca have reached shores. The qasniity of ign wheat taken of by country buyers bas not been large; aod the town millers having also acted with caution, importers been compelled to land. The stock in warehouse bas consequently increased during ths ion‘h, and gran- ary-room has become very roares. Neitne co Wedner- day nor Friday were the operations large. ©: ° ‘or really ood qualitive fully a8 much money was demanurd; in- food it would have been pechelts, uselesst) . v- given way, as there was not tha least disposition t + uichase more than absolutely needed for immediate us There hasbeen rather more doing in flour but no variation has taken place in the price of town mde — American, of which only 8,244 bbls have come to ea! has been in improved request, patticularly the finer crt» Good brands, which at one period of last week wa: soarcely worth more than 25s, have lately commanded ‘263 to 278; and for superior sorts 235 per bbt has been asked. The consamption of American flour in the me- tropolis has for some time past been very great, and. as there is reason to believe that no further supplies of mo- ment will reach us from the other side of the Atlantic till next spring, holders of the comparatively smalt quantity of really sweet and sound flour here, expect to obtain higher terms ‘Though the receipts of barley of home growth been on quite a moderate sc ince Monday, this has moved off rather tardily; but, in the absence of basi- ness of importance, quotations have undergone no change requiring notice lost of the foreign the market consists of inferior qualities; and whilst these sorta have been treeiy offered at previous prices, without excitiog much attention, good heavy grinding parcels have com- mani terms. ‘The brewers have hitherto conducted their operations with more than usual oaution, and the demand for malt current have, bows ‘A slight increase has taken piace in the oata coastwise, but from Ireland the arrivals very small, and from abroad the reo materially; the total quantity reoel ovly 13871 qra, The principal d opinion that there ia atill some ward from the distant Russlin ed very little dixposition to add to their stocks. The trade has, therefore, remained in the same dull state as bdefure, aud peers a trifli vance realised in partial instances on Friday for the best corn, no change has taken place in prices The fer a) lote of Englis received, ba before, In Egyptian beans there has not been much doing; but, on the whole, the tendency of prices has been rather upwards. ‘White peas bave moved off tardily at the ourreney of Monday. Hog peas have been in tolerably fair request ‘at former rates. Indien corn and Indian corn meal hav: for feeding. at about the prices of Moa nd in rye flour some further business has been done at £6 10s to £7 per ton. ‘The sdvices from the north of Europe are of tle interest, scarcely anything having been don for local consumption, at the leading ports in th Our letters from Danzig are of the 23d of October: tp fal 1d has amounted to rs appear to be of juantity to come for- and have manifest- ery lit. 4 it slightly increased supplies of new Wheat had been brought forwai the neighboring farmers, but the quantity had altogether been small A little lot of fine high-mixed, weighing only 59 lbs. per bushel, had real- ized 618, and fo: mixed, of 58 ibs weight, equal to 49a. per qr., free on board, had been paid. There was scarcely wnytbing being sbipped; and the operations had. on the whole, been of very littleimportance. At Stettin, on 25th of October, Wheat was quoted preolsely the sameas on that day se’nnight, equal to 488 per qr., free on board, haviog been paid for fine qualities of red for local consumption. In Spring Corn nothing of the slightest interest had transpired; but the supplies having been amall, high prices had been demanded, ssy 28s, for good Barley, and rrom 37s. to 40s, per qr. for good white boiliog Peas. From Hamburg our letters are of Tuesday's date; the stock of Wheat at that port is represented as having been nearly exhausted; still the business done had not been at quite as high prices as before. 52s per qr. having become an extreme quotation for red Wahren; and very good parcels, weighing 62 lbs to 68 lbs per bushel, hav- {ng been sold at 60s, to 518 per qr, free on board, In Holland and Belgium prices ot Wheat have lately LRA ‘way more or less, Sowing to increased foreign ar- vals From the milevrrial pad of Europe we learn that the supplire cf Wheat had scarcely kept pace with the de- mand, and at most of the principal ports in the Mediter- ranean the tendency of pr.ces had been upwards. IstrertaL AveERaGrs FoR THE Last Six Weexs it. Barky. Oats. Rye ea". ose Cass lh BA a. ad. 6 21 25 382 432 36 3110 230 35 2 “4 9 320 330 33 3 “43 2 24 221 ua? 444 3.48.6 $87. 53.6 45 4 a2 337 34 3 79 Aggregnte av- erate of the sixweeks...5310 324 210 M5 M9 4G Average same. timejasty’.56 0 37 7 218 % 2 438 457 No duties are now to be Jevied on the importation of comor flour until March Ist, 1818, Koxpor, November fivur from all quer! —The arrivals of grain and since Monday, bave been mo- ral distant buyers at market morning, sales to a fair extent of foreiza wheat were ted wi 1s per quarter over our last quotations. In ish wheat. spring corn, and flour, we observe no al- terstion in prices since Monday. a Livernroot, Noy 3 —Our market was well attended on the 26th, and there was a steady sale for old wheit at the currency of the 19th. New irish wheat was in short supply, and 8d per bushel dearer. Oats were 24 per bushel lower. Barley and beans were in fair retail re- quest at former rates There was a good sale for Indian corn, but the demand was principally in choice white, on which an advance of Is per quarter wasobtained. {here was no change in Indian corn meal Oatme | was 2s 6d per load cheaper, and 29s the extreme value of the best uew Irish. There was a good demand for berrel flour at the prices of that dey werk. On the whole there was more buoyancy in the trade than we have for some time experienced. From the 26th to the 29th the trade ruled firmly, and the advices received from Americ: he 28th tended to stiffen pri Ontbe 29th there was a full this offer 25t) were in fair request for the interfor Indian corn was Is to 28 per quart was rather d-arer, and an advan obtained on Indiancorn meal T' rel flour is getting into ow compres, and on tl nee of 2s per barrel was go general attendai t the merket of the 2ad. and a very small ehow of samplvs of all kinds of grain, flour, ke. There w: good consump- tive demand for wh: wich sold at advance of 41 to 61 per 70 ibs Flour met a slow sale at the improve. ment required. viz : yr Western, and 278 to 294 for arce, brought 2d per 45 tos more me id not sell freoly at the quotations in good demand at an ad- vancement of 28 to Js per 430 Ibs. Indian meal was held at 1s per barrel adva ice, wich buyers of quantity at 16s for the best. and vo sellers. Frencn Cony Manxer.—The prico ef corn and flour jar continues to go slowly down in all parts of Fiance. In the Paris market the tendency is downwards; the = est price for flour ls 70F. for the 169 kilogrammes, aod ¢ ta difficult to obtain that figure for even small quanti- ties Excellent qualities are at frem 66f to 68f, aod in- ferior kinds from 64f to 65f, Wheat is at about 34f to 30f the 120 kilogrammes. Markets, Loxvonw Money Maruer, Nov. 8.—Twelve Theres are no further accounts to-day with terest from the cont: aod from Manchester a: Liverpool, the lett y means of 9 cheerful character, although there ere clroumstances which, as we conceive, may justify hopet 'p} ment. The amount of bullion received within the last fortnight from abroad is very considerable, and will en- * | able the Bank of Eogland to dircount more freely. per- haps, wbioh will be some advantage, even at the onerour rate of 8% per cent, which has been the minimum for some days part For cash, purchases of gcods in the manufacturing districts can be made upon very fuvora- ble terma,#s the excellent bills and seourities held by many parties are scarcely convertible. The foreign buyer who has the means of prompt payment bas, there- fore, an exovllent opportunity of iuverting The rates of exchange upon the continental cities appear to be gradually receding Yesterdsy they were again rather lower. Tho partial relaxation afforded to the money on Friday, and the salesthey | market by the recent government measure, has the na- | toral effect of enabling parties to discharge claims upon them which, previously, were postponed ; and it is pro- bablo thut the high rate of interest may tempt partics to send over bu'iion as a speculation. The affairs of Ireland are discussed now in city circles with more in- terest tan usual, because of the doubt as to a new loan; but in seme quarters it is denied that there wil) be one. The French loan,on the other hand, is likely to be takeo elmost entirely abroad. and at a better price, ac- cording to report, thaa might have been antioip: The fuods still show @ disposition towards improve: rather than decline, and the markets bave been of more tranquil character this morning than for som days past. Coneola for the account opened at 81% and 92)4, them rose to 6234 again receded to 82; more improved to #u}¢ to 8.3¢ at whicn thy market ap at prerent to bave seitied ; for mon y been done at 81% and82%, Long Annu tles, 64; India stock, 229; do bonds. 35 exobequer bills, £1,000, 19 zai 16 dix; do £5'0, 1217 dis 2 di thers has been little n In the Foreign Stock Mark: dove beyond & few bargains in Dutch 9}¢ per cents, at 58 and 534. Two o’cLocn—There is a Bonk of Kngland directors a: * parlor” upon the ance, a8 the case m establishment of some note north of the Tweed. Thess upplications, however, may be presumed to be so numerous now as to excite no particular remark, except as regards the consequences of @ refasal; and we are dis; to te excesdingly cau- ious, therefore, even in referring to such matters. It is upon this ground, bowe ver, that the funds are stated to be depreated, and the expectation 1s, that they will rally if the statement proves erroneous The stoppage of tbe Sbrewabury Bauk of Adams and Warren, given In 8 late edition of the Grobe last evening, is not expeoted to be Meera Rickards, Little, and Co havea meet of their creditors to-day. and {t is agreed that their affsira shail be wound up uoder the inspection of Hoare, Cummings, ana Prinsep. Too meetin te very friendly and unanimous, and the statement submitted an to lin- bilitew end assets appeared to give sntiafactior: ‘The funds aliernate eo frequently as to render it difflouit 10 follow the fluctuation. Con*o sare now oalled 82 to 8244 for money, and 82% to 82% for account. Exohequ-r bills ave 143 to 198 prem, Money on stock for a day or two has been offered os low as 2 to 3 per o-nt persnnum. Bank Stock ie 194 to 186. Railway shares have been but littlo dealt in, o’'cLoce— Console for the Aceonnt left off at tement current that 6 the Aat- Pt little fluctuation. Consols, for to 81, declimed, under the indus on: presented in the Guzette. of the Bank of England, to 80} sellers, and owing to the absenes of soy unftvor- i oocurrenoes during the day, to the opening prine of 80% to 81. For the account the lowest prios was 8036 to %. and they left off 813 to < After business hours « further rise took place, and the quotation was 8156 to i ‘The market for foreign securities left off with litt ani- | mation this afternoon. thovgh the sudden improvement in consols may bs suid to have imparted some trifliog steadinens to prices at the latest moment of business Advices from burgh, dated the 26th ing'ant, quote an advance in the rate of discount, which is now 6 to ‘180 Surat for e: ‘be feiss for export. at an advance of i4d to jad from the mont de- pressed business of last week Yesterday, however. the demand was greatly m and as tho Boston steamer arrived during the day. many parties held off business until the letters were delivered’ ‘The letters by this conveyance lead to more favorable tions as to the extent of the coming crop, and under there vioer onr market is more freely supplied with cotton, about 4d above the prices of last week, 3000 American have been pore oe Sracalation. and 4000 ssneriean and jes for the week amou: 22,200 bales — G0. Holt & Co. don Another tet int —The seasonable intervention of go- 6% percent. The rate of exchange was looking less f«- | vernment, which has been it with so much anxious vorable for this country. The failure of Mr. L. W. A. | solicitude, has been attended with the most sulutary Jacobi, a merchant, is mentioned, but it is believed to be | effeots. It has imparted confidence, and has calmed the of small amount. From Riga, under date the 2tet of October, buwinass is reported to be in a state of stagna. ton. and pro duce of all kinds is declining. The exchonge is 33344 At St. Petersburgh an agent, named Verimeh. rn, bad failed. He waa understood to bs connected with Gower & Co. Im London. another dey hes passedoff with- cut further fatiures, while we have been free also from news cfany important disssters in the couvtry. The vullure of H. H.vidsworth and Son, machine makers and cutton-spinners of Glasgow, mentioned in The yes orday, will, "6 4s feared. prove sevious as regar am unt. With respect to the North and South Wal: Bank, correspondent, wlo has recemtly visited th dlstricts where it was most trusted, says, “What partio- ularly struck me 1 my tourwas, that on inquiry as to whom this lead mine, these Imeworks, or that stane uarry belonged, | was reportedly told ‘to the North and South Wales Bank ’’’ If these statements be correct the. etriking illustration of the services issdug pressure in bringing illegitémate nd. it appears that Barnett, Hoare. & Trust Company of Co. It may be useful tt) point out, in conneyjon with the bank returas just published, that the amount of notes at this moment im the hands of the pu dlic is ex- aotly 300,000/, in excess of the amount io cir culation on the 12th of September, 1846, when tho bu'Aiom in the bank was within 13.000f, of its Lighest poirt, and when it was double the sam rgow held. The following is the stock fluctuaticns during the month of October. Thé @ between ‘she highest and lowest prices of Consols been 6% per cent. while in shares it has baen from 10 to 19 per ownt. !a Consols the highest price was on the lst of the monty, and even der the immediate ixflation caused by ioe interfer- f Government, on the 25th fost, they were still 01 quarter per cent below the point at which they then stood. With shares. however, the case w: different—the consequence of the Goverment me: having been to create in most of them a rriso to some ox- tt which they wae quoted before tent beyond the prio. the panic began. F.uctvuaTions in THE Menzar mm ‘Ocroner, 1847. e price ict, Present uri luvin . the rt’ themonth, oe 85; 1936 par to3s pm. 3spim Su dis. Ust (lefc out) of railway calls for No vember. They amount to nearly two millions, aid exceed, by sbout half a milfion the calls made in February last. As compared with each of the other months of the year they show ® ronal duction, the avera,e being about 3,490,000, The advices from the Amsterd«ng Bourse speak of an adi im conse- q in the London market — Khenish railway shares had also been in better demand The returas of circulation of the Irish and Sootch banks for the four weeks ending tho 9th of October, when added together, give the fllaming as tho average ciroulation of these banks during the past month, via: Average ciroulation of the Irish be ves» £8,958.618 Averege ciroulstion of the Sooteh bi 3.599976 circulation for the month end- may: Total avera; ing 9th of October. - + £8,916 589 The amount of gol hel head offices of the several banks has been as follo Gold and etiver held by the Irish baoks. £1,617.712 Gold and silver Imld by tne Scotch banks... 1 108,828 2,626 540 On comparing the above amounts of notes with the fixed issues of the several banks. it appears t! The Irish banks are below their fixed issue.. £998 881 The Scotoh banks are above their fixed issue 472.767 ‘The comparative circulation of noves for above and under 51. uring the past month, has been as fol- lows Above £5. Under £i. “Total Tn Ireland . £2636692 2718920 $357 613 In Scottand. 1.100 812-2430 162 3.559 976 £4,737504 5,178 082 e complete the returns of culation of notes in England. Scotland and Ireland for the month ending the 9th of October, which were partly inserted in this paper on the 28th of October. There returns, combined with the average circu’ation of the Bank of England for the sums period, will give the fol- lowing results of the total circulation of notes in the united kingdom, as compaced with the previous month : jept 11 47. Get. 9,17 Incre Bank of Englind. £18 102,69 48 340,832 23 Private binks.. 4.115078 4, 341)39 16: Joint stock bank: 294,208 © 31071291 153.010 + £25,232,047 25,789,656 $57,009 3497525 3.559'97G. 62.451 $018 310 5855613 307,303 “ United Kingdom, £13 31, Showing an increase of 657,0091, in the notes in England; and an increase of 926,763! da the circulation of the united kingdom, when compared with the previous month ending September 11. ‘The following statement will show the position of the currency when compared with the same period last year: 778 4182 705.245 | 926,763 ion ot cireulati Oct. 10,46. Oct. 9 47. Decie Bank of England. 20,282 997 18.310 R3F Private banks, 4666. 4°311,530 Joint ctocic ban! 3.107294 Total in England, 25 789 656, “ " weotland. 35 99% “ Treland 5,359 613 United Kingdom, £39,155.52% 31,705,215 4 ‘Thus showing a decrease of 2,449,157/. in the tion of notes in Englani; and a decrease of 4,460,275! in the circulation of the united kingdom, whem com- pared with the corresponding period last year The average stock of bullion held by the Bank of Eng- land in both departments during the month ending the 9th of October was § 659 312/., being a decrease of 404,- | 0151., a8 oc mpared with the previous month; 2nd a de- crease of 7.323 814. a8 compared with the name period last year. ‘The stock of specie held by the Scotch end frish baoks during the month ending the 9th of October was 2,66,- 040/., being a decrease of 3.463, as compared with the return of the previous month ; and a decrease or 726 6704, as compared with the corresponding period Jast year. Bexx or Enauanp —Am account, pursuant to the ac 7th aad 8th Victoria. cap 82, for the week ending Satur day, the 23d day of October :— Issue DerantMent. Notes issued, «++, £21,065,445 Govt debt. Other secur: . 2.984 Goldcoin& bullion 6,745 354 Silver bullion, 1,120,091 £21,865,145 £21.06: Baxxino DerantMent. 14,553,000 Gov't, seeuritic i 31485 Cineluding dead weightannmity).. £19,999 707 Proprietors’ eap’ Tr sOCBrilies. 19,467 128 oft end we ee 1517270 andsilvercoin 447,216 | | ther deposits... . 8,580,500 Seven day and | Dilla... wees 47.013 £392 361 351 £32 961,951 Dated October 28, 1847. The above return, when eompated with that of the preceding week, exhiblis the following results :— An inerease of ciroulation @nelnding post bills) 21 ig pred Of. veeseee An increase of rest of...... of coin and bullion of, A dsr 118.009 A decrease of public deporits of. . . see 780,489 ‘A decrense of other deposits of. . 94075 A decrease of government securities of, . 189 170 An increase of other seouritisof......... 603,802 A decrease of resrrve of notes of......... 1,083,846 Amount of notes in actual circu- lation, October 28... ...... .£20,818.175 | Do. of seven day and other bills ' 947.018 | Bank of England circulation, Oc- tober 23 Pe 21,265 188 | Amouat of bullion and coin in both depart- Sante. . si svanedeoiey v5 £8812,6091 | Panis, Bourse, Nov nd consequent- ly the shares of the prine’pal railwoy lines, hr tained numerous fluctuat ons and have risen col bly. The Threes rose rapidly to 76f 200, the instant vas known on the Bourse of Paris that the English mi- uistry had come to the resolution of doing away. a' least for the present, with the restrictions o1 the bill of Sir Robert Peel re! to the emission of Englirh bank notes. The English stock could not rire four franos on the adoption of that measure without ours, which hav+ been in a state of stacnation for upwards of six week~ oa account of the crisis of the Loudon market ising »lso in proportion. However, at London. ae well na x! Paris, @ reaction soon followed, and the Threes clowd at 75f #00, But the important question, that of the loan, the denouement of which is fast aporonching, ts what now occupi+s the minds of all speculators Sino", it wav announced, affairs have multiplied considerably the market has increased. and the general opinivn is that considerable quantities of stock have been sold ont beforehand This fact, which is bigbly pronuble, is of « nature to prevent all violent perturoation, and to tran quillae those who might dre: decline which persons uascquaiuted with the mechantowm of stock, alwayr dread, when a gr emission of stock is to take place, and mutt oreate a contrary opinion. It is,in fact. be- 4 on the Bourse that the loan will be followed by & lecided rise, because the acceptation of suci mass of stock by the greatest ncial powers is @ mo- tive of confidence for the mass of onpitaliate, agai loan would occasion hes as in several other cases, the loan will be coneluded. The receipts of the railway still continue to attract the attention of the Bou: ‘A much more rapid deorense waa expreted for the beginoing of win- ter Great surprise is perticularly excited by the re- suite of the Nord line, which continurs giving fiity per cent abovethe oorr-eponding reorlpts of Inet yenr similar augmentation has never taken pluce before. ovither in Fr od This circumstance oxplaing the steadin-na of the rate of this line, ae well as those of Lyons and Strasbourg, which have given rive to considerable purchases | more than }§ apprebensions which were paralysiog the energies of the whole mere: community. The means, moreover, appear to be well adapted to the end, for, whilst the plan adopted opens the door to relief, it imposes conditions which sre little calculated to raise prices or to foster speculation. On the first announcement of the measure ou Tuesday, some disposition, it is true, was manifest- ed to withdraw cotton from sale; but the market has since been frirly, indeed fully supplied. and at prices not per lb abdve the last quotations, or 44 pr lb above the panto point of last week. Tne chief hi the execution of con- for export, which 't is understood hi @ for sol ime, owing to the diffleul foreign credit. ‘now partially removed The bought but sparing! if auy of tl mills having resumed work, portant distri being ontirely and, in consequauce of some differ. ence in the mi of wages between the masters and the men. The market. upon the whole, closes heavily, which may be ascribed partly to the more favorable oa on ree ceived yesterdsy as to the extent of the forthcoming crop, and partly toa feeling of disappointment st th» amount of specte brought by the steamer being so much less then bad been calculated upon. Speculators hat t 8000 American, and exporters 4000 American and a The sales for the week are 22,200 bales.— +mber 1,2 and 8—The market during has been dull and languid, snd the eMmited in extent Prices, alan. again Z; and for cash payments from 3¢d to 34d per Ib lower than the rates of the 29th would ve tuken The sales for that time are about $000 bales, including 3000 for export. Livexroon Manxets, Noy. 3,—Ashes—The quotations of pot and pearl are nominal, no transactions bhuving taken place Bark—A fuw caske of Philud-iphia bave realised }1s in retail. The trade is very dull Cosl— Since our last we have had a good inquiry fur export, without much business done Prices remain without alteration Hdes—The market has been ina dull and hoary position, and the transsotions since our last unim- taut. Iron—The fluctuations in the prices during jetob-r bave not been considerable; we think, never- theless, that the general and dvtermined movement now t Place to stop all expenditure on railways, ex. cepting that which is absolutely indispensable. will have the tendency to reauce prices generally. No materis reduction may tske place immediately. as we understan: some of the masters are supplied with orders for some months to come; but, under the pressure of public opinion, many orders given may be suspended or coua- termanded; and those now employed in making rails and speolal deroriptions may have to adept their machinery to the manufacture of merchant, in which there is mu competition, and the result would necessarily be a re- duction in price. The Seotch masters are scarcely pro- duelng an average quantity of pig; and the favorable prices quoted in the States newspapers by the last steamer, wilitend to shipments aod the redaction of stocks, which is now considerably below the avernga. Judging by the present aspect of affsire, a diminiehed consumption for railway aud other pur im England and @swall export, at least, for soms montbs to come, from abroad, we are disposed to think that this srticle may be reduo-d in value, and that it may be desirable shortly for our Amerioan friends to purchase largely from ur, We quote present prices in Liverpool—-No 1 Scoteh pig. £3 164; merchant bar. £9 ha; best rolled, £10 108; sheet, £11 108; hoop, £11. Naval Stores— Es Sales of rosin progress slowly at 258d to 2394 forcommon amber, and 4s 6d to 6s for tine transparent The basi- ness done in rough turpentine en at 7884, and few sales of spirits have been effected at 401 to 433 Oils —In olive thy purchases have been limited to small lots only. The gales of fish are still small: about 7 tuns of Wright sperm bave been taken at per tun. id continues dull, sud linseed has again been sold at a decline in price. Oil of turpentine been offered more freely; the sales, however, ari no impor- tance, About 500 tuns of palm hve been sold tor export on rather easier terms; besides which, 160 tuns at £28 10s to od the merket closes firm. Provisions—The market bas been ina very dull and | guid state «noe our last report, and ail articles of trade been much depressed’. Sales of beef and pork, exoept of the finest meas and eastern prime meer, cannot be mude, even ata very serious reduction, and the quo- tations must be considered in a great measure nominal for all but the very floret parcels. The demand for ba- con seems quite to have orased, and the deelers cannot be induced to purchase. Many hide ar out, would be cisposed to take very low prices Hams have scarcely been asked for: some forced aulua of good quali- ty, in salt, have been made, at 30s to 33s per owt. At & reduction of fully 4s per owt., a few rules of chevse were made, at the public ssler, on the 28th ultimo; the bulk of the ate arrivals, however, remain on hand, the trade seeming de termined to purchate sparingly, snd held no stecks during the present orisis. Lard we quote 2s to 3s lower, in the face of an almogt exhausted stock; the re- finers and dealers bold back, hesi'ating to increase their engagements until watters look brighter No Gn» bugter h ‘Ths season for grease butter isover Rice—The are of the prices have been accepted for forced sal jons bave taken place in Carolina, Sult—There is not much doing in the demand, but prices ars without change are the quotations 14s; do handed tquares, 18164; do shute lumps. 193 to 128 6d; marine aud butter, 11a 6d; common, std; river freight, 34; dock and town dues. 7d per ton. Srede— Nothing worthy of notice has been done; good and fine American or French red might command 42s to 44s, but there is none offering. The last price obtained tor lin- sued was 463 perqr cash, off the quay. fur ordinary Sici- lian. ‘Tallow Is very dull, and the rales reported reach 60 casks at our quotations Lard —There has been more doing in American, ut rather lower prices; 49 tierces and 270 barrels are reported. at 528 to 55s, aod 66 baskets, very fine, at 658 per cwt Twa—Nearly every deecrip- tion has declined in price; and, under these favorabie circumstances, many wholerale houses have made con- siderable purchases, durit g the last fa days ‘Tobacco —The sales this month are 602 hhda, viz :-75 Virginia leaf, 69 stemmed, 70 Kentucky leuf, 361 stemmed. and 7 Maryland. Of these 34 Virginia Jeaf, 71 stemmed, 1 Kentucky leaf, and 2 stemmed, were taken for Ireland; 31 Virginia leaf, 61 Kentucky leaf, and 5 stemmed. for exportation; and 13 Virginia leaf 18 stemmed. 18 Ken- tucky leaf, 354 stemmed, and 7 Maryland, by the trad The imports are 2077 trom Virginia, 1285 New Orleann, 17 New York, 17 Dublin, and 8 Glasgow. ‘The exports delivered are, 81 for Africa, 30 smyron, 4 Isle of Man, and 2 Drontheim! The d+iaand. xs shown ve. has been very moderate, at the same time holders continue firma at the rates current, in which we make no altera- sion. Wool—The principal incident of tn Wan & public salu here, on the 14th, of 567 bules East Indi shih reali atinfnctory prices On if Alpaca was sold, also, partly damaged. hove been on # most in- signitie mand has bern cbiefiy for use- fal qualities of low blanket wools, which branch of trade is perhaps in a loss depreseed state than any « ther, but in suffering very mach from oon modaticn, end the rxtreme- ly high rate of interwt. which the reeent government measure bas. so far, tended very little to relivve. Jt is to be hoped this measure, ther with the announce- ment of the eurly meeting of Parliament restoration of contidenoe, or we fi ar thi cheerlers prospeot for the manufacturing operat! the ensuing winter. The publie sales commenoed ia London on the 1st ultim . “The quartity originall neunced was abont 27,00 bulvs, (ebiefly fine colonial.) and they were exproted to continue till the 17th of No- vember; but the importers having wisely determined to withdraw about 13.000 bi hey will now close about the 6th of November. The accounts that have reached us, 80 far, are of the most discouragiog nature. The de- cline im price since our sales in Augus’, i generally atated at $4 per lb, and in some cases even more, whieh is most ruinous tothe importers. Even st tnis serious decline, it {6 supposed they could hurdly have bern zot through, but for the presence of some continen:al buy- ers, who have purchased rather freely, Freroursat Livearoon, Nov. 3.—Sinoe our last ree port a great improrement bas manifested itself, aod higher rates have been paid than for many months, the supply of ships having hewn Oar orcsent quo- ‘ations are, for New York—dead weight. lus 6dto 159 per ton; fine goods, 208; coarse, 158; hardware, 158 10 204; earthenware. 5sto ight, 208 to 25s; fine goods. 203 to 458; 0 it 5 Bi 7s to 6s Philadetphi ; hardware, 258; dead weight, 124 10sto 12864. Balvimore—dead 158 to 173 6d; floe goods, 253; coarse, 208; har d+ sj earthenware, 108 to 12¢6d New Orlean eight. 84 to 1286; flae goods, 305; hardware, 15 0, 63 per ton. Havar, Oct 2$—Cotton—During the whole of this last week our merket bas been characterised by a still ureater degree «frtagoation than we previously noticed, the *ecounts brought from the United States by the steamer of the Ist fostant annowocrng laree ehipmenio to,our port, and holding out the prospect «f their being verbavs shortly followed by others uot le-s nnpor sot, breated a pressure lo rewliee on the part of belders, which led to a depreciation of £6 to t7 ou our prec -ding quetarionn Several gales to arrive Dave been als at- tempted, bur al'hough @ further concersion in price would probubly have been obvwiued, buyers sem reluc- tant to purchase beyoud the imm~-diute r quirements for consump'ion. 7 he state of the Liverpool market xreat- ty contribu! towards the depression that predominates Gere, and from the gloomy nature of the accouats whioh «ach succreding day brings from the as from otber parts of Engiand, there eppea: tle hopes of @ favorable change taking pi rity of tbe orisis has rather insreased | commercial derangements follow vxch otber in rapid succession, aud confidence is for the present entirely de- stroyed. Business fu every branch erefore, almost 4 etill ; mistrust being every where prevaleut, jare Iauach into extensive op-rattons, and the few transaction® tha: are uniertaken are the result of ure gent peevesity; Aad cr jacture ax to the future becom: imporsible wover euch a combioation of waprapi: Ashes —Sipes the rovdpt of the last advices from the United states our market has uodergone @ sight improvement, and 185 bbls Amerie on potm=b, Ist beends, 1847, ound buyers wt 47f 50 to 43/ per 50 Rilo- grammer, duty (Bf 95) paid Pearlysh, owing to scare city, In momiuslat 65f to S6f We have recrived fifty nine barrels potash per packetebip New York Oar stock consists of 700 barrels to nll descriptions — . For the week ending | Hideo— No obange bas taken place in the situation of Oe Fears ceTrer tly tay chat there is way relief to | our market; the demand has been (riffing, aud priors oer ae cae teaseacoment measure, enroagh the | are ina drooping sondition ‘The salve effeeced ware by medium of the Bank of England, was favorabl, recelved ouction, as follows, vis:—2555 Montevideo, wet asited, of relief waa expected to arise from it” a Ee come extent this bas been the case’ at 2756 to $60; 1610 Pernambuco, dry beg nc at 44 to 46)g0; and 720 do dry at 43} to io per kil, duty