The Northern Daily Times.
Liverpool, Merseyside, England, 1853-12-20 00:00:00

MONETARY AND COMMERCIAL.

Twoprev.
bus, weeks.
To London 33875..143799
Liverpool . 197190. .303346
Bristol, -20043.. 12508
Cardiff , 18741, .
Glasgow . 14318
Cork
It also appeaks that th
this country have fallen
creased to the Continent :
Clearances from New-York, from Nov. 28, to Dec. 3,
inclusive :
Two Prey.
Bbls. Weeks.
To London 14,871 37,898
To Liverpool. 32,232 43,829
To Bristol
To Cardiff
To Cork 3,379
To Hull
To Antwerp . 1,548 2,754
To Bremen . 5,331

bus.
Flavre .. . .127847
Aars( Meg .. 13737 .
Rotterdam . .
Antwerp . . 48875 .
Other ports. - .

Twd My

The Metal Market was not active, owing to the
prices demanded. Copper was inactive. There
were 100 tons Scotch Pig Iron disposed of at 37
dots. 50c., 6 months. Lead, Steel, and Tin were
unchanged.

The Pressure in the Money Market was subsid-
ing. The gold arrivals are rather less than last
year, since Sept. Ist, and the exports greater, while
the range of bills has been rather less, owing in
some degree to the scarcity of mo-ley. The de-
crease in cotton bills this year, since Sept. 1, as
compared with the same period last year, is equal
to 8,000,000 dollars, while the increase in produce
bills is about 7,000,000 dols. Money is gradually
becoming more abundant, although the demand
was considerable. The obligations contracted and
driven ahead to carry over the large. payments, are
now being met, and the banks show more disposi
tion to 'meet the demand. The arrival of the
California drafts, against over 2,000,000 dollars, also
caused some little increased demand. The rates
at call are 6 to 7, and paper longer than bank
measure is done at 9 to 10. The supply is diminish-
ing, however.' The coinage at the mint continues
very small. For the month of November it has
been as follows :

Deposits. Coined. Bars cast. Total.
Gold $3,630,000 932,508 827,979 1,750,487
Silver 283,000 870,000 870,000
Of the gold deposits, 418,240 dollars was coined
into double eagles, and 827,979 dollars into other
ingots, and only 514,268 dollars into money. It is
observable that exclusive of the gold received from
California, the reported arrivals and deposits at
the mint have been as follows, since Sept. 1 :-
1852. 1853
Arrived $12,919,011 . 12,663,122
Deposited 15,673,697 11,129,805

Excess Receipts
Excess Deposits 2,754,686 -
The exports of ingots from New York and Boston
since September have been 5,782,000 dollars; a
portion of which went from the California steamers
to the Liverpool steamers without going to the
boil.:
alVsetsutffe
s Western riverseina
sen mint at all. This in some degree, accounts for the
changed features of the movement. The rise in
riespnroewratped e
rapid, and
ndlartghee, stocks
greatocksof
quantity will be put afloat, affording an ample
supply of bills, simultaneously with the expected
increased movement in cotton, and there is every
appearance that the accumulation of unemployed
capital will be progressive.
The receipts of Cotton at the southern ports for
the week ending 7th December, are 78,000 bales
against 113,000 in the corresponding week last

1,533,317

The total receipts are
Against.. 864,000

Falling off bales.
. 365,000
And the following week's returns Will Probably
show a deficiency of at least 420,000.
The exports for the week to Great Britain are
20,000, against 54,000 same week last year.
The total exports to Great Britain being 130,000
Against

Falling off 175,000
The quantity of Cotton now at sea for this port
sums up 67,350 bales, against nearly 200,000 bales
at same time last year.
We have private telegraphs from New Orleans,
sth December—" Falling off in receipts, 414,000 ;
middling, 91 cents.; freights, do. ; crop esti-
mates reducing, few over 2,800,000."
From Mobile, sth Dec. Receipts, 56,000 against
118,000 last year. Middling, 9c ; freight, id.
The New Orleans Picayune, of 19th November,

_
says :
" The falling off in the receipts of Cotton at all the ports,
has now reached 295,000 bales, and we are of the opinion
that this deficiency will not be made 1113 at any time this
season. From the Atlantic States the advices in regard to
the damage done by the frost of the 25th ult., are more
decided than ever, and under this influence the crop esti-
mates from that section are running lower than before.
There is no question, also, that in the region tributary to
New Orleans, the plants have suffered greatly from the same
cause, but the extent of country from which we derive our
supplies is so large and diversified, that it becomes a diffi-
cult matter at this early period to determine what may be
the deficit at this point. But making ample allowance for
the increased breadth of the land under cultivation, and
bearing in mind likewise the peculiarities of the season, as
contrasted with last year, the incipient drought, and pro-
tracted summer and fall rains, and the remarkably early
frost—all telling to the disadvantage of the present yield—
we cannot resist the conviction that the receipts of this port
will show a material falling off, and that hence the lower
range of estimates now prevailing may turn out to be not
far from correct. The next intelligence from England will
probably advise us of the effect of the frost accounts from
this side."

The New Orleans Price Current says: " The question of crop, which for some time past has
been nearly lost sight of in the more immediate pressure of
other influences, seems now to be assuming a position of
some prominence in the calculations of parties connected
with the trade in our great staple. As we have already re-
marked in previous numbers, the prospects up to about the
close of August, as gathered from the reports of the planters
themselves, were considered quite flattering for a good yield,
should the picking season prove propitious; but unfortu-
nately the greater portion of the month of September, when
dry weather was needed, proved unusually rainy, and
through this cause picking was interrupted and delayed, the
quality of the Cotton was injured, and the prospects of a
liberal yield were to some extent blighted by the shedding
of bolls, the action of the " rot," the ravages of the worm,
&c., which were the consequences of excessive rains. Since
September, however, the weather has been generally fa-
vourable for picking operations, but the reports that now
come in of damage by frost, (of which, though the backward-
ness of the first portion of the season, and the rank growth
subsequently caused by the late rains the plant was unusually
susceptible) particularly in Tennesse and North Mississippi,
the region of country tributary to Memphis, and also in
North Alabama, Arkansas, &c., are considered to be so well
vouched for that reduced estimates of the crop seem now to
be quite general, and, as we have already intimated, appear
to be exercising some influence upon the operations of
parties connected with the trade, and also to some extent
upon prices.
•

" lii respect to the quality of the present crop, it is
generally admitted to be the lowest in average of any that
has come to market, at least far many years ; and in view of
the excessive proportion of low Cottons in the receipts thus
far, and the very limited demand for them, compared with
the better descriptions, even at an unusually wide difference
in price, we deem it not improper to repeat the suggestion
which we took the liberty to make about a month since—
viz : that it might be well for planters, so far as may be in
their power, to handle the remainder of their crops with a
view to quality as well as quantity.
"The receipts at this port since Ist September (exclusive
of the arrivals from Mobile, Florida, and Texas,) are 269,446
bales, against 546,490 bales to same date last year; and the
decrease in the receipts at all the ports, up to the latest
dates, as compared with last year, is 353,928 bales. In the
exports from the United States to foreign countries, as com-
pared with the same dates last year, there is a decrease of
164,663 bales to Great Britain, 15,432 to France, and
12,612 to other foreign ports."

From Bombay, the following ships are now duo
with Cotton :

LIVERPOOL, MONDAY EVENING.
By the steamship Canada, which arrived
in the river last night, we have our advices
to the Bth inst., being eight days later than those
previously received. The. Canada brings 101 pas-
sengers, and 700;000 dollars on freight. In addi-
tion to the commercial news given in our paper of
to-day, we have but little intelligence of import
auce. In the grain market the supply of wheat
was not very large, and the market was said to
have been depressed. The following return of the
shipments to this country are considerably less,
and to the Continent more than wits shipped dur-
ing the preceding fortnight :
CLEARANCES FROM NEW YORK FROM NOV. 28 TO DEO. 3,
INCLUSIVE. •

Two prey.
weeks.
05955

10387

Le shipments of flour to
off', while they hare In-

lib's. Weeks.
To Havre . • 39,444 40,436
To Marseilles 6,594 -
To Palermo . 1,709
To Brt. Prov. 270 7,770
West Indies. 2,077 3,767
To S.America 1,750 -
To He. Kong 400 -