The Northern Daily Times.
Liverpool, Merseyside, England, 1853-10-26 00:00:00

THE NORTHER': -DAILY TIMES.

WEDNESDAY, OCTOBER 26, 1853

while the supply upon the market has been less
Most of the banks have, in a measure, curtailed
their amount of discounts, and even what they do
is done at very exhorbitant rates, say from 10 to
18 per cent. On the receipt of the Canada's news,
by telegraph- from Halifax, late on in the day of
Thursday a most severe stringency-arose in money
circles, which almost , amounted to a. panic.
The failure which wats announced on that
day of one of our Wall-street brokers, (Mr.
Simeon Draper,) had an effect upon the business,
in the street, and the day closed heavily, probably
the darkest day in Wall Street that has been ex-
perienced this year. The Stock Market fell .off
considerably in almost all descriptions from three
to five, and even seven per cent. On Friday in
consequence, of further news by the Canada tele-
graphed from Halifax, which, was less unfavorable,
the market for money was a shade better, and
stocks looked up a little, but closed at from four to
five per cent lower than on Wednesday, for
nearly all descriptions. The market for breadstuffs
has again advanced under the advices brought out
by the Canada, but the transactions have not been
large, shippers are inclined to await their private
letters: most of the transactions have been -made
for future deli Very. The increased rates may be
quoted at 25 cents- for flour, and 4 cents onl
wheat. The stock on hand is limited at present,
but as the winter draws upon us, the supplies will
be forced upon the market.
The cotton market, owing to the continued un-
favourable advices from Europe, continues languid,
and prices drooping. Notwithstanding, the reports
froin the south, of the shortness of the crop, the
sales have not averaged 400 bales per day, Tor the
last week or two.

In the provision markk we have to notice
an active demand for pork, at rather higher
prices. In other articles there is no change.
Freights continue extravagently high, to Liver-
pool flour is quoted at 3s. 6d. to 4s. per barrel, and
wheat 14d. to 15d. per bushel. Exchange on Lon-
don for remittance, per the Baltic has been some-
what less in demand, and lower rates are current.
We quote bills at sixty days, at 1031 to 104.

NEW YORK MARKETS.
FRIDAY Oct. 14-6 P.M.
_ _ _

ASHES—Are unsettled. The scanty stock and light re-
ceipts have induced factors to advance their claims, which
have checked operations. A few parcels were sold at ir-
regular prices.
COTTON—The business of the day, as of the entire week,
has, been qUite insignificant; as shippers have avoided the
market, and the home inquiry has been very limited. Fac •
tors are very willing to sell their supplies within this range

STRICT LIVERPOOL CLASSIFICATION.
Orleans and Other Gulf
Atlantic. Texas. Ports.
Inferior 8 'to 8i Bto 81 Bto 81

-------
Low to good ordinary . 9to 94 94 to O/ 95 to 9 I
Low to good middling . - 91 to 111 10i to 11=110k toll
Middling fair to fair . 11: to 114 11/t01312 to 13
FLOUR AND MEAL.—State and Western brands, under
the influence of the Canada's accounts, opened very, actively
and boyantly—large sales having been effected, and the en-
hanced pretensions of owners refered-to in our last having
been conceded. Subsequently, with a rise in freights and
an inclination among buyers to await the arrival of their
private correspondence, some reaction occurred, and less
vigour was displayed by the market, as well as by prices,
which slightly declined. At the close, however, we observe
a livelier and better feeling in the trade, the tendency being
decidedly upward. The day's movehients.comprise 21,000
bbls. We quote :
Sour, .. ..........<.....

---- .
Superfine, No. 2
Ordinary to strait State
Mixed Indiana and Michigan
Strait do. and do. - to 7 061
Favourite State _
___ _ _.-

Common to good Ohio
Fancy Indiana and. Michigan
Fancy Ohio
Fancy Genesee
Extra Indiana and Michigan
Extra Ohio
Extra Genesee - to 7 621
Canadian is still scarce and quiet. Hence its real value is
unknown. Sofithern has fluctuated as much as other kinds,
and it closed briskly and firmly at improved prices. There
were 2,800 bbls. disposed of at $7 06it07 311 for mixed to
favorite, and $7 374t07 623 for fancy per bbl. Rye Flour and
Corn Meal are tendered only at higher rates, and in con-
sequence appear inactive.
GRAlN.—Wheat is much more in demand, and at-en-
hanced prices, having been very favorably affected by the
Canada's news, as published in this morning's Tiaras. The
day's sales add up 74,000 bushels white, at $1 60@$1 61
for merchantable Genesee ; $1 57®$1 60 for very good to
choice Michigan ; $1 50®$1 5 for fair to good Ohio ; $1
52 for good Southern, and $1 40@$1 56 for inferior to
• handsome Canadian in bond. Rye is still on the advance.
About 1,300 bushels brought 94c. Barley is less abundant
and stiffly held, but not in much request. Oats are coming
in rather heavier parcels,
and seem less active, but firm at
yesterday's quotations. Corn is in better demand and dearer.
The sales of the day embrace 32, 500 bushels at 83c.®84c.
for unsound; 84c. to 86c. for mixed Southern and Western,
and 87c. for yellow Southenas per bushel,
MErALs.—Under this head we can notice only the dis
posal of 100 tons Scotch Pig Iron at $34 50 cash, per ton.
NAvet TORBS.—Crude Turpentine has not varied. Thera
were sold 300 bbls. Spirits Turpentine at 65e per gallon,-
and 500 bbls. common Resin at $1 80,
OlLS.—Whale, Sperm and Olive are essentially unaltered
er were 5,000 gallons Linseed obtained at 65c. to 66c
per gallon.
PROVISIONS.—Pork is in falr request and steady in pr ice.
The sales include 720 bbls. Western at $l7 to $l7 121 for
Mess, and $l3 621 to $l3 75 for prime. No change of in-
terest has occurred in cut meats. Lard is in better demand
and very firm. There were 850 bbls. Prime bought at
111 c. to 12e. per lb. Beef is scarce and quiet, but other-
wise unchanged. The sales of the day add up 280 bbls.—
at $4 75 to $5 50 for country Prime ; $5 75 to $6 25 for
City do. ; $7 50 to $lO for country Mess ; $l2 to $l2 50 fir
repacked Wisconsin Mess; $l2 t) $l3 for City Mess, and
$l4 to $l4 25 for extra do., per bbl. Beef Hams, Butter,
and Cheese remain about the same.
FR EIGH l'S--To Liverpool, 8,500 bush. Wheat were en-
gaged at 13d. in bulk, 10,000 do. at 13]d., and 13,000 do.
at 11d. ; and about 8,000 bbls. Flour were engaged at 3s. 6d.,
though 4s.- was asked by many vessels. To London, about
30,000 bush. Wheat were engaged at 140. in bulk, and
5,000 bbls. Flour at 4s. 6d. some vessels demand ss. 6s. to

6s. To Havre, 15,000 to 20,000 bush. Wheat were en-
gaged at 23c., with some lots of Flour at 80c. to 85c. To
(_ alifornia, rates varied from 60c. to 60c. per foot measure=
ment.

ALBANY, Friday, Oct. 14.
The receipts of the past twenty-four hours have been—
Flour, 13,000 bbls. ' • Wheat, 23,000 bush. ' • Corn, 8,600
bush. ; Barley, 34,000 bush. ; Oats, 6,000 bush. Flour
firm and steady, but not active; sales 2,000 bbls. at $6 81
to $6 94 for State, and $6 87 to $7 for common and mixed
Western. Barley, 31,000 bush. sold at 784 c. to 80c. for
two-rowed; and 87c. to 87ic. for four-rowed. Sales of
Prison Whisky at 32ic.

BUFFALO, Friday, Oct. 14.
Receipts since yesterday—FLOUß, 2, 500 bbls. ; WHEAT,.
24,000 bushels • Conx, 36,000 bushels. noun firm under
the Canada's advices, but owing to the absence of private
advices buyers and sellers do not meet. 1,500 bbls. sold at
$5 94 to $6 for Ohio, and $5 87 to $6 for Michigan. WHEAT
steady and firm. Sales 8,000 bushels at $1 26 to $1 27 for
Ohio, and $1 2S for Michigan: CORN has been firm since
the
.Canada's news, and is held higher. Sales 10,000 bush-
els at 65c. to 67c. for Western mixed. OATS dull at 3410.
Sales of Ohio WHISKEY at 28c. Fitmoirrs—Flour, 85c. ;
Wheat, 25c. ; Corn. 27c.

CHARLESTON, Friday, Oct. 14. •
Cotton sales to day, 1,500 bales, at prices ranging from
84c. to 10c. The Canada's news has depressed our market,
and prices are declining. Middling fair, 101 c.
NEW ORLEANS, Friday, Oct 14.
Cotton has been depressed and unsettled by the Canada's
advices. There is nothing doing ; buyers claiming
decline. Flour has advanced 40c., and corn is held at 75c,
to 80c. Fair sugar sells at 4c., and 100 hhds. new molasses
brought 251 e.

OSWEGO, FRIDAY, OCT. 14.

Receipts since our last-FLouu, 1,000 bbls.• WHEAT,.
116,000 bush.; WHEAT is in fair demand, but the firmness
of holders checks operations; sales of 15,000 bush. at 142 c.
to 145 c. for White Ohio : 133 c. for Canadian, FREIGHTS
unchanged.

THE COTTON TRADE

NEw YORK, Saturday Oct. 15, 1853
LIVERPOOL CLASSIFICATION.

Florida and Oileans.
Uplands, viz., N. Albama viz. N. Or-
growths of At- and Tennes- lens, Tex.
lantie ports. see growths. as & Mble.
Inferior . . . 8 a 8: 8 a 8: 8, a 11
Ordinary . . . 8 a 91 8: a 9: 9 a 9:
Middling . . . 101 a 10: 101 a 10: 10: a 101
Goodimiddling . 111 a 11: 111 a 111 11k all
Middling fair. . 111 a 11: Nominal 111 al2
Fair . . 11: a 114 None 12: al3
Fully fair . . Nominal. None. Nominal.
Good fair . . None. None. None.
Fine' . . . None. None. None.

Bales.
Exports to Great Britain since Sept. 1, 1852.. 36,000
Corresponding dates last year
" " year before
.Stock in New York and ports of receipt lOO,OOO
Corresponding dates last year
‘• " year before .

Receipts at this port since Ist instant....
Exports ft oin . " - - ii;
Taken by spinners
Receipts at ports since Sept. Ist, 1852 57,000
Corresponding dates last year
4( ts " year before ....... 112,000
Exports from United States since Sept 1, 1852 . 47,000
Corresponding dates last year
~ " 4 year before .
Taken on speculation since Ist inst .

Stock in first and other hands .
Amount on sale from all hands. . .
REVIEW OF THE MARKET, ECT.

.. 45,000
16,000

We issued our last circular for the Artie on the Ist
inst The sales since that date, excluding one day, on
which 5,000 bales were reported, have steadly kept
down to 500 hales daily. The feeling throughout, with
the exception named, and which was confined to two or
three ardent spirits, has been one of uniform excessive
dullness and apathy—prices being nominally sustained
by the hopes of holders in receiving aid from the expec-
ted improvement in the Liverpool market, and a settle-
ment of the disquieting Eastern question, in both of
which they have been dissappointed, apd in the dubious
position of thepresent crop rests the hope of continuing
business near the present currency. The mills at the'east-
ward, have for some time past been obliged to concede
so much to their hands, that the hours of labor are re-
duced from thirteen to eleven. They are stocked more
largely than heretofore, and it is expected will see the
policy of purchasing later and more cautiously than dur-
ing the previous crop. The Canada's advices, received
on 13th inst., simply added to the (lull feeling. We ad-
just our quotations to the rate accepted: holders endeavor
to wait for more, as it would be impossible to obtain
them in quantity.
The advises we have continued to receive from the South,
during the past fortnight, we regret to say, have not been
favourable for the crop. The accounts of injury arising from
too much Moist weather, say rotting of the bolls, &c., have
steadily continued, and extended over a wider surface. The
growth of the plant has been luxuriant, but the proportion
of bolls has not kept pace therewith, and what has been
formed, being covered by foliage, the ripening process has
been retarded we . think fully a fortnight as com-
pared with the past crop. At the present time the
weather is not indicat►ve of a long season and
a killing frost during the present month, may be reasonably
looked for. The effect of such, even at the termination Of
the month, would be to curtail the former prospect of a
large crop over 100,000 bales. After a frost, we may have
ripening weather, and bolls nearly ripe may be gathered
after being. hardened under it. So much depends on the
character of the weather after a frost, and so largely can
the crop be benefitted,
.or injured thereby, we think it in-
advisable to say it cannot reach 3,000,000 bales, but the
chances are decidedly against it

'l'. J. sTE WA It'f

SHIPPING INTELLIGENCE
NEW YQRK. •

Arrived, Oct. 14; Marmion, Hadley, from Liver--
pool. Southport, Liverpool.
Sailed, Oct. 14, Enterprise, for Liverpool.

TALCMITJANO.
In port about July 18, ship Globe (Br.) from Li-
verpool .for San Francisco, put in leaky ; barks
Acadia, Mowry; from Wilmington, NC, repaired, to
sail next day.

_
-
BALTIMORE.
Arrived Oct. 10, Zenobia, in 38 days; Arkansas;
in 58 days ; Hazard, in 42 days; all front Liver-
pool. BOSTON.
Arrived Oct, 13, Emperor, from Liverpool.

Stationery Establishment, 19, South John"'treat,