Northern Times.
Liverpool, Merseyside, England, 1857-11-10 00:00:00

BEL ''AST.'CORN IVTARKET.—Nov. 9,

There was a small supply at the farmer's market to•day,
ant] every article sold at Friday's currency. In the Corn
Exel,aiage there was nothing doing. Holders insisted upon
former prices.

PRESENT POSITION OF TRADE.

[From Messrs. T. 4..11.. Littledale co.'s Circular.]

SUGAR : This article has again been most unduly
depressed, and we have to quote a further decline of 5s
to 7s per cwt. This has baen brought about by the
determination of several importers to sell, including the
Brazil houses, but more particularly tho Americans, who
have forced off their sugar, almost irrespective of price.
So long as this continues we cannot look fur an improve-
ment, but IN ith the great drop in this market, and reduced
stocks in the States, it is likely the shipments from
America will cease. There is little new in the estimates
of the coming crops, further than they are ra' her reduced
from the Brazils and Louisiana. The stock in the four
ports has not further increased, being 100,000 tons, and if
the consumption is not checked, from the general
depression in our manufacturing districts, it ought now
to gradually decrease.
111oLassLs have been much pressed on the market, and
prices have declined 53 to 6s per cwt. It is almost
impossible to give quotations—the nearest we can name
are 13s to 17s per cwt duty paid, according to quality.
TEA.—During the past and present month the market
has been much depressed, it having been almost impos-
sible to effect sales beyond the ♦ery small immediate
requirements of the trade, but in the last few days
ho►ders have reduced their limits, and a fair amount of
business has been transacted, chiefly in the medium
Blackish-leaf kinds, at a reduction of 2,1 to 3d below the
highest point in September—this decline is entirely owing
to the money panic, and not from any statistical point of
view of the stocks, which read more in favour of the
article than otherwise. There has only been one mail
from China, with dates from Foo-chow Ist, Shanghae
2nd, and Hong Kong 10th September, with the usual
conflicting accounts as to the deficiency of exports,
varying from 2k to 4} millions lbs , and that an advance
of 4to 6 taels on the previous very high opening rates
had been pail'—this appears to us unaccountable, as the
quantity already got away and further liberal shipments
in progress, do not warrant such prices there, compared
with home quotations in their possession. Blacks :
Common congous have fluctuated from Is 00 to is lid,
and may now be quoted Is ld, with little or no demand—
the Savory and medium blackish-leaf were quite
neglected, recently a few sales have taken place at a
decline of 2d to 3d per lb. No transactiont to note in
the fine to finest kinds as well Souchongs and Oolongs.
Scented teas are scarce and maintain previous rates.
Greens : Canton made young Hysons, also Twankay
kinds are extremely dull, and but little doing in other
descriptions—some recent arrivals of good to fine young
Hysons and Gunpowders, from New York, have been
quitted at much lower rates. The Maury, Fairy, and
Cairngorum have arrived in London with new teas from
Foo-chow, but the high rates asked, and the indisposition
of the trade to buy, precludes business in them. We
estimate the stock in the United Kingdom 73,000,000