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Note: This text has been automatically extracted via Optical Character Recognition (OCR) software. The text has not been manually corrected and should not be relied on to be an accurate representation of the item.
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REVIEW OF THE WEEK . . Friday Evening . The adverse influence of political affairs is unabated , and the markets show a continued scarcity of Continental orders . The honie demand is also increasingly dull in several departments ; but this arises more from , the fact that buyers arc limiting their operations as much as possible , in order to avail themselves of the advantage -which is likely to arise from expected arrivals than from any absolute failing-offon the general consumption Moreover , the present state of Parliamentary matters is not without some effect in checking transactions . Under these circumstances , this week ' s business is even niore restricted than the last .
Cork . —Trade continues dull for all descriptions of English wheat , of which the arrivals are moderate . Fine samples bring their former value steadily , but inferior are forced off at irregular , and in many cases . at lower , prices . The imports of foreign wheat at this port are upon the recent moderate scale , and the butporls are decidedly small . Holders are consequently firm , and demand full prices , wliich are , however , obtainable for small quantities only . Floating cargoes of Egyptian are rather dearer . The flour trade is without improvement ; the supplies of English are very plentiful , but are not offered On lower terms . French moves off very unevenly , buyers gaining the advantage in terms .
Malt is held somewhat firmly , tut purchases are of limited extent . 13 arley of fine malting quality is steady , but grinding descriptions of foreign are the turn cheaper . Beans , ar id peas sell in retail quantities , without change in price . Oats are in steady request , the purchases being principally in Danish arid Swedish . Ifo change- occurred in price , but fine ' corn has rather an upward bias . Since last Friday fifty-seven cargoes of grain have arrived off the coast for orders . Numerous sales have taken place . Wheat — Galatz , 38 s . per 480 lbs . ; Berdiansk , 42 s . 4 £ d . ; Egyptian , Saide , 2 < rs : 4 £ d > to 26 s . 9 d . for 492 lbs ., clearance , freight , and insurance . Indian , corn is lower . Ibrail , 2 Gs . 4 £ d . to 26 s . 6 d . ; Odessa ,
26 s . 7 ^ cl . Arrivals . English . Foreign . Wheat ( quaters ) . ' .. * 5 J 1 Z . .. 10 , 373 Bailey „ 1 , 881 .. 9 , 323 Malt „ .... 18 , 966 .. ¦ ¦ - Oats „ 5 , 959 ' .. 13 , 570 Beans „ 676 .. 68 Peas ,, ............ 277 .. 345 Flour ( sacks ) .. 15 , 958 .. 2 , 081 „ ( barrels ) ,... ¦ / ' >~ .. 2 , 043 . London Averages . s . d . WTieat ( quarters ) .,. 8 , 659 .. 43 8 Barley „ 518 .. 86 2 Dats . ,, I ..... 2 , 564 .. 25 2 Beans „ ' 363 ... 36 1 Peas ,, 124 .. 41 3 Seeds . ^ —The week ' s arrivals ape only 630 qrs . from Egypt . Lower prices have been taken . Bombay cannot be quoted over 54 s . to 54 s . 6 d . i no Calcutta over 50 s . to 52 s , Four cargoes of Black Sea seeds , off the Coast , have sold at 51 s . 9 d . to 52 s ., delivered U . K ,, and one of Odessa , just shipped , at 51 s . per qr . A cargo of 12 , 000 hga . ( 5 , 000 qrs , ) , now
on passage trom JLipmbay , has sold at 53 s . 6 d . with bags , deliverable at an out-port . In rape seed very little is doing ; fine sound Calcutta is worth 50 s . to 52 s . ; fine Bombay Guzerat , 6 is ., on the spot , and 60 s . to arrive . Linseed cake is in moderate demand only ; best Now York bags raoiatain late rates , bvtt best barrel cake has , declined 2 s . Gd . per ton . , Potatoes . —Of the recent heavy supplies considerable ) quantities have been cleared off at low prices , and arrivals are less plentiful . Tho market is now steadier . Tfork Regents , 85 s . to 105 s . ; Flukes , 86 s . to 110 s . ; Scotch Regents , 40 s . to 55 s . ; Cups , 40 s . to 55 s . ; J } unbar Regents , 80 s . to 95 s . ; Cups , 60 s . to 70 s . ; French , 40 $ . to 55 s . per ton .
lavs STbdK .- «~ Thq show of nearly every description of stock has been very scant , and the condition middling . Higher prices were in all cases realised , and a fair clearance effected . Beasts made 4 d ., and sheep 2 d . to 4 d . advance . The following were the numbers at market and currout prices :- — Monday . . Beasts . Sheep . Calves . Pigs . 2 , 080 18 , 150 85 860 4 s . 0 d , to 5 s . 2 d . 48 . 10 d . to Os . lOd . 4 s , 0 d . to 08 . 8 s . to 4 s . 4 d .
Thursday . 870 8 , 000 72 150 4 s . 0 d . to 5 s . 2 d , 4 s . 10 d . to Os . lOd . 4 a . 0 d ., to 0 s . 8 s . to 4 e . 4 d . PnovisnoN 8 , <—At Newgate and LeadonhaU tho supplies have been moderate and prices higher , Beef , 3 b . 8 d . to 4 s . 8 d . ? mutton , 4 s , to 5 s . ; veal , 4 s ,- 84 . to Ob . j pork , 3 s . 8 U . to Ss . per etono ,
SuGAR . r-The market is exceedingly flat a , t 6 d . to 9 d . reduction on most descriptions . On , the _ spot the business is restricted , to small parcels West India at 29 s . to 45 s . for Berbice , Mauritius bright heavy , to fine brown , 37 s . to 39 s ; soft yellow , 41 s . to 42 s . 6 d . ; middling to good , some grainy , 43 s . * o ^ 44 s . Gd . ; crystallised . 43 s ., 46 s . ; Benares , 43 s . to 45 s . InGuba sugars the sales have been inconsiderable . Deliveries have liitherto been of a fair average extent , But must necessarily diminish with the prevailing : restriction
of purchases , and , as important arrivals are expected , stocks are likely to show some extension . Floating cargoes still meet attention , and four have changed hands . Good brown Bohea , new crop , at 25 s . 9 d .-, landing weights . Mixed Paraiba and Peniambuco at 24 s ., landing weights for the United Kingdom ; Havannah , No ; . 9 to 9 £ standard , at 2 Gs . 6 d . ; and fine Pernambuco at 25 s . 3 d ., fully insured , for near continental ports . Refined sugars can hardly be quoted cheaper , l ) ut the market is dull and supplies
increasing . Coffee is held with increased firmness , and Is . to Is . Gd . advanfce has , in several instances , been paid for parcels to complete immediate orders . Native Ceylons have been most in request , at 51 s . Gd . to 52 s . for good ordinary , and 59 s . for picked . A moderate business has been concluded in Plantation kinds . Floating cargoes of foreign are inquired for . One of Santos sold at 49 s . for a near port : The quantity of Ceylon afloat for England is 97 , 740 cwts . Plantation , and 21 , 156 cvts . Native ; against 107 , 713 cwts . and 35 , 98 i cwts ., respectively , at this tiirie last year . The markets throughout the Continent contiaUe on the advance .
Tea . —The advices from China have not appreciably affected the markets . Business lias been confined to the public sales , at wliich some 8 , 000 packages sold out of 25 , 0 . 00 , in catalogue . Some parcels of scented tea went at rather lower prices , but other descriptions without alteration . Rice . —The week ' transactions are confined to 5 , 000 bags Bengal , at about late rates . Saltpetre has declined 6 d . to 9 ii . per cwt ., at which only moderate sales have been affected . The Calcutta letters again bring easier prices , and increased sales .
Spices . —White pepper is cheaper ; Penang sold at 8 d . and Singapore 7 fd . to 8 d . Black is firm ; Penang sold at 3 gd . and 4 d . Aleppo in auction held at 4 # d . being about current rates ; Bengal ginger realizes 16 s . ' 6 d ; per cwt . -Cassia Ligiiea sells with irregularity , first pile at 94 s . and 96 s ., second 90 s ., third 86 s . per cwt . Cloves and Pimento arc unaltered . Hemp . —Quotations are unaltered , but the markets for both Russian and East India very quiet . Jute is also very unsaleable . !
Cottox . — : The American advices refer to higher prices , arid diminished reqeipts at the ports , but the markets here are adversely influenced "by the unfavourable accounts from India , and both Liverpool arid London : prices have tended in the buyer ' s favour , whilst tho transactions have been upon a less extensive scale than in the previous week . Dnucts . —Castor oil has declined £ d . per lb . ; 100 chests camphor , old import , sold at 80 s . landing weights , Sheixacis again dearer ; 92 s . Gd . paid for ordinary D . C . orange , and 100 s . for better sorts , Pye . —Spanish indigo-at sales went at a partial decline of 3 d . on the better sorts . Cochineal is rather cheaper . Safl&pwer firni .
Mi ? xai < s . —The markets continue inactive ; but the only alteration in question is a decline in Scotch pig iron to 51 s . arid 51 s . 6 d . ; and an improvement in spelter from fill . 12 s . Gd . to 211 . 15 s * per ton . Oils . —Linseed is dull of sale at the reduced price of 29 / . on the spot , For future "delivery no business is n . entioned , Rope also offers on lower terms . Refined foreign , 44 / ., ; brown , 40 / . 10 s . j . und"English brown , 40 / . ; Bombay ground nut , 34 / . ; Madras , 38 / . Olive oil ie still pressed for sale . GalllpoH at 48 / . ; Malaga , which is scarce , is held for the same price ( 48 / , ); but Gioja and Candia offers at 402 ., down to 42 iMQs . fgr JMbgadore . Gallipolj , for Garly
shipment , may l > e bought at 46 / ,, cost , freight , and i «> surance j and Toronto at 45 Z . losi Cocoa nut is more saleable ( iM 0 £ .,. to 40 / . 10 s . for Ceylon , and 427 . to 43 / . for Cochin , Confirmed advices of a fnlling ^ off in shipments at most of the African ports have led tp considerable sali ? s of-fine Lagos at 44 / . to A 4 l , 5 s ., and tho market closes very flrm . Sperm unaltered . American , 100 / . ; Colonial , 102 / . ; cod , 35 ? . TuuPENTiNH . —Arrivals of rough are 2 , 000 barrels , imported by distillers . No sales reported . 11 s . the price ex store . Some arrival of spirits from the Continent have lowered tho price . American barrels offer at 43 s .
TAM . Qw .-T-Tho actual demand for consumption has been very small , though a fair business has been done during tho week , in settlements for tho month , at 52 s . There is no accumulation of lioino produco , and tho stocks of all kinds of tallow ( ind greaso aro unusually limited throughput tho kingdom . The
market closes 52 s . 6 d . spot , 52 s . 6 d . all the month 52 s . to 52 s . 3 d . April-June , and 52 s . 3 d , Oetpber-December ; very few sellers in any position . The public sales today were . of no moment . The last account from St . Petersburg brought . higher prices , . 170 ro ^ having been paid by Russia n speculators , with hand money for August . Town tallow , 54 s . 3 d . Rough fat , 2 s . lOd . Melted stuff , 54 S
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EAILWAY INTELLiaENCE .
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HOME . COLONIAL AND FOREIGN PRODUCE MARKETS .
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TiiE Paris ani > Ltons Railway . •—The receipts of the Paris . to Lyons and Marseilles Railway Company for the months of January and February last greatly exceed the receipts of the cprrespoading months of last year , . This increase is attributed chiefly to the immense quantity of ammunition , provisionB , and warlike stores conveyed on account of the Government from Lyons to Marseilles , Italian Lucks . — - The commission which had assembled at Milan tp determine the spot where the-ViCtor-Emmanuel and Lombardo- Venetian railways are to form their junction has just finished its labours . The station will be at Trecata , on the right bank of the Ticino . The custom-house and international points of discussion have all been got over satisfactorily , and the conventions have been sent to tho , respective Governments for ratification . Meanwhile , it is believed that the works for thejunction of the two railways upon the great Ticmo bridge will be finished at the commencement of the month of May . PbRTuaESE Railways . —A letter from Lisbon says : —It is , of course , too soon to exppct any definitive settlement respecting the railway question . All parties who wish well to this country aro anxious that Sir Morton Peto should have the concessipn , and it may still be regarded as almost «* certainty that he will have it , but as tjl » e opposition . will fight every inch of the ground , and as tneir party nuuabers some of the ablest men and the besc orators in the House , it is tp be feared that great delay will be tho consequence . It is sixul that tno Count Thomar is inclined to support Government on this g , tic 8 tipn , and his oratory will always Him * weight in tho Upper House .
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A spectaj . general meeting of the Naraur and Liege and Moiis and Manage Railways Company is called for the 4 th of April , at Brussels , to approve the provisional convention entered into with the Northern of France Railway Company , for the construction and working by the latter of the line from Namur to the French frpnticr , by Dinant . At the meeting of the Londonderry and Enuiiskillen RaLl « -ay Company , a favourable report was presented , showing a slight increase in the traffic of the half-year , coin pared with the corresponding period of 1857 . There was a balance of £ 6 , 309 14 s . 2 vl ., "being more than sufficient for a dividend on the Six per Cent . j £ 10 shares , and also a dividend of 5 s ; 3 d . on the . £ 12 10 s . preference shares . Thereport w . as adopted , bub the proposal of the directors to purchase . a steamer for Loch Erne was negatived . The directors of the Cape Town Railway and Dock C ompany have intimated that no further calls will be made before May next , but payments in advance of the remaining i 8 , making together £ 18 , will be received . The notice froiri -the East India Railway Company of their desire to borrow 1 , 000 , 000 / . by an issue of debentures having five years to run and bearing 4 s per cent , interest was quickly responded to , the whole amount having , been subscribed on Wednesday morning in a few hours . . At the special general meeting of tlie London and South ' . Western Railway Company to day , an agree- . ment to rent the Epsom and Leatlierhead Railway at 2 , OO 0 L per annum was confirmed unanimously . At the half-yearly Tmeeting of tlie Caledonian Railway Company on Wednesday , a dividend of 5 per cent , was declared on the Lsshinahagow stock .
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JOINT-STOCK COMPANIES . ¦ ¦ ¦ * Tub annual meeting of the British American Land Company is called for the , 28 th inst . A special gpneral meeting of the Electric Power Light and Colour Company is called for tho lOtu inst ,, to consider tho liquidator ' s roport , showing we progress whieh has been mado towards winding uj > the company . e . . „„ At the annual meeting of the Bank of Austialasia the dividena was continued lit 0 per cone ., and tho boniw at 14 per cent ., togotlidr 30 per cent , per annum , which seemed very snt > at'l 0 H to tho proprietors . Nothing ? important »««* occurred in tho way of business since tho Iiwc meotlilff , i « December . Tho state of tho colony was now improving . Although the profits ox tho past year Uaa boon aimlnlehod from various
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380 ¦¦ THE L ^ g ^ jj _ g ^ L ^ ^ ¦
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Citation
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Leader (1850-1860), March 19, 1859, page 380, in the Nineteenth-Century Serials Edition (2008; 2018) ncse2.kdl.kcl.ac.uk/periodicals/l/issues/vm2-ncseproduct2286/page/28/
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