Press enter after choosing selection

Commercial

Commercial image
Parent Issue
Day
20
Month
February
Year
1847
Copyright
Public Domain
OCR Text

Ann Arbob, Feb. 19, 1847. The arrival of the "Sarah Sands" from Liverpool, and oí the " Admiral" from Havre, caused quite a rise of breadstufis in - New York, and mensurn bly through the country. Theso vessejs brought information that flour hnd risen, the price being in Liverpool, Jan. 15, 42s to 43s in bond. Amoricun wheat sold nt lis 6d ; Indian corn 78s. Affairs in Ireland wore growing worfO.Parliament convened on ihe 6th, and wasopnod by the Queen in person. In her speech, she refers to Irelajid oud recommends to Porliarnem to increase for a limited period ths facilities fc-r importing cora from foreign oountries, ond thinks thai ihu, nnd the admission of silgar more freely into breweries and distilleries, the supplv of food may be teuefisially augmented. The Timei says that the Briiish Ministers ar deiermined to suspend the nnvigaiion laws, so as to allow the vesiels of e-very country to bring provisions to the Briiish shores, and to prohibit the use of grain in breweries, and that the British nuvy ís to be used in the bringing of grain to-Great Br'ta'n On the receijil of this intelligence, Flour advanced in New York to 87,50 and 87,75. 2.000 barrels Jersey mea.1 Feb. 11, soid at 5,37 i to 5,50. 70,.. 000 btishels of Corn sold at 81,04 to $1,03. 15,000 bushsls Wheatsold at $M0. immense quantitics of corn and meal were starled on the way ta markqt frorn New Jersey. The following notice of speculations in Corn, from the New York Express, we think will prove of interest to our readers. " The inlroduction of Indian Corn into Europa has been most successful. It is not only a favorile article of food in Ireland, hut in England, Scotland, & France. By the last accounts it was selling for nearly, o? quite, $2 per bushei, and it was bought up witli avidityat that price. All the shipments that have been made from this country have paid the shippers an enormous profit. We have seen several accounts of sales, which, after deducting every cost und charge, left the shipper 81,20 a bushfl, which, on Corn shipped at 60 cents, left a nstt profit of 100 per cent. We have very litile idea here of an arlicle reaching such an enormous cost, as Corn at S2 a bushei, or about 4 cents a pound. Our average price, even here, is seldom over 55 cents, or a cent a pound, and in the Wesiern States it is well sold at lialf ihis sum. (iFrom present appearances the demand for Corn lor six months to come must be vcry graat, it is a favorite food, and is arimitted into England at a nominal duty of about three cents a bushei, a smnll sum compared with Flour andother Grain." Buyets, to-day. we hear, pay only 70 cents for Wheat, although some paid 75 cents for a sliort time. The great length of time before Flour can reach New York renders buyers cautious about paying high prices. Below we give the prices in the principal markels by the last mail. Detroit, Fec. 19, 1947. Tho market yesterday was rather dull, and was attended with a decline in the price of flour. Most of the flour coming in was sold at $4. Some few sales at S412J. The market, however, is in rn unsetiled state, and buyers are not inclined lo purchase at a higher figure than SI. Buffalo, Feb. 16, 1847. There was but Jiitle Jife in the market yesterday, and holders were less firm than on Saturday. Sales of 1000 bbls. 31ack Rock, and 500 bbls. best Michigan at 85, are oll the transnctions that we heard of in flour. We hear of nothmg doing in whent or corn, and no change from our previous quotaiione. The demand seems to have fallen off. New York, Feb. 15, 7- P. M. Flour has been very dull to-day, and the sales too small to report. Thcre were buyers at $7 25 for Genesee, and sellers at S7 37.

Article

Subjects
Signal of Liberty
Old News