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Foreign News

Foreign News image
Parent Issue
Day
22
Month
May
Year
1847
Copyright
Public Domain
OCR Text

Tlic steamship Rrilannia arrived at 3oato on Sundny mnmiag. Thcio has been soine (luctuntion n the ( pricb of grain and flourduring ttie nionth ] hut prices have now setiled down at 40s tor western ennal floiir. American red l whral lOs (J to lis 9d, and white l'is 3d ( per bushel. lodian corn .r)la52s, red f)'ia53s. During tlic last day or tiro wheat has , advanced 2d per 70 lbs, western flour Is per bbl, Plnladclphia nnd Ballimore flour 0.1, in the Iiiverpno' market, and the domand is limited, and prices have declined 3a for 480 lbs on yellow and 2s on white. May 3d - foreign wheat obtained on advance fully of 4s per qtmrter. The (lour trade was very nctive, and the rise of 2a per bbl was estabüslied. White Iridian corn was sold nt 5Gs to 5Ss for yellow and 58 to 60 for white. Monky Market. - During the fortnight funds continued adowr.ward course. Bullion still disappearing. Directors were stringent and virtually declined to discount at all. The discount housesare charging 61 to 7 per cent. The effect has almost put a stop to tranaactioTUt of magnitude. During past week however bank has discounted ratlier more freely. It is evident that for somo time to come we can only expect a stringent market and higher rate of interest. The potato blight bas renppeared in the neighborhood of Belfast. O'Connell issinking daily. VVeather undergone a favorable changp. Vegetntion making rapid progress. Accounts of wheat and oat crops highly encouraging. Even potato is favorable. Advices from Madras state thnt the greatest distress prevailson account of tlie potnto erop. Flour $24 per bbl.

Article

Subjects
Signal of Liberty
Old News