Northern Times.
Liverpool, Merseyside, England, 1859-02-08 00:00:00

COTTON

Our last advices from Europe are to' the Bth instant.
The Europa reached this port on the 22nd, reporting a
quiet week in the Liverpool market, with sales for the
week of 34,000 bales, at a decline of 1-16 d to Id, parti-
cularly in Upland Cottons. Middling New Orleans was
quoted 6.15-16 d, • and Mobile, 6.13,16 d. Spinners con-
tinued to buy very sparingly, although well under con-
tract, and the Manchester advices were very favourable.
Money plentiful and unchanged.
" The following is a statement of the week's sales here
and at the chief Southern ports, at latest telegraphic
dates, with the closing prices, f. o. b., with freight in
sterling at current Exchange : -

~.,
-Sales. 'dosing. Middling. Freight. F. 0.8
N. Orleans, 22nd Jan... 36,000 unchanged. llic. 15-32 d. 6id
I Mobile, 22nd „ ...30,000 c. higher. llic. 15-32 d. 6ad
Charleston, 21st „ _17,000 c. „ 11 c. 11-32 d. 6.5-16 d
Savannah, 21st „ ... 9,00 b c. „ 11 c. 5-16 d. 61d.
New York, 20th „ ...20,000 Ic. „ Up.l2 c. 7-32 d. dad

• Total 112,000 bales.
There is now in Excess in receipt

Average 6 l3-32d

of 893,000 bales compared with last year
of 350,000 bales compared with 1856-7.
of 369,000 bales compared with 1855-6..

NEW Youx MARKET : The past week has been one•of
unusual activity in this Market. Our last report closed
upon a moderate enquiry. The following day, however,
an active demand set in, and for several days a large
business was done at gradually advancing prices. The
increased demand was chiefly speculative, though a fair
proportion - was to the home trade, and was shared in,
more or less, by all classes of buyers: The week's sales
sum up about 20,000 bales, partly to arrive, and including
about 5,000 bales in transitu to Liverpool. • Prices have
advanced is to tc on the spot, Middling Upland being
now quoted 121 c to 127-,c. In parcels afloat there has
been an improvement of about ;le Middling Gulf, with
id freight, is now quoted 111 c to 111 e, and Middling
Atlantic, with 7-16 d freight, 11c. "

SOUTIIERN MARKETS.-Our mail advices from the
South report a moderately active business during the
week. The markets opened rather irregularly, under
dull news from Liverpool ; but a slight concession from
holders stimulated business at the gulf ports for several
days, when factors again demanded full rates, and the
markets became less animated. Our telegrams for the
week ending 21st, report an active business at New
Orleans at the opening of the week, ,with prices slightly
in favour of factors. The demand, however, was subse-
quently checked, probably by the large receipts and dull
news per City of Washington. The week's sales amounted
to 36,000 hales against receipts of 72,000 for the same
time last year. Middling firm at 11c. At Mobile a fair
2
business has been- done throughout the week, buyers
being attracted to that market by its being about ic
below New Orleans, and the sales reach 30,000, and
prices at the close are consequently about ke dearer,
Middling being worth Utz. The Charleston anci
-Savannah markets have also witnessed an improved
demand and most of the previous week's decline has
been recovered, Middling being quoted 117,0 to nic at
both points.
The following is a statement of the movements of cot-
ton for the past week, and since Ist September last,
compared with the five preceding years :

e"---RECEIPTS.-1 E-EXPORTS FOR THE WEER-,
Since Ist To Great Other
Past Week. To France.
September. Britain. F. P.
1858-9 124,000 2,182,000 50,000 2,000 14,000
1857-8 69,000 1,290,000 54,000 15,000 9,000
1856-7 97,000 1,832,000 52 000 13,000 13,000
1855-6 84,000 1,817,000 50,000 15,000 19,000
1854-5 76,000 1,124,000 46,000 7,000 20,000
1853-4 97,000 ' 1,209,000 . 44,000 12,000 6,000

-:-EXPOILTS SINCE IST SEPTEMBEII

To Ot. Britain. To France. To Ot. F.P. Total: Stock.
1858-9 646,000 283,000 178,000 1,107,000 848,000
1857-8 437,000 156,000 107,000 700,000 577,000
1856-7 415,000 180,000 125,000 720,000 802,000
1855-6 637,000 224,000 169,000 1,029,000 647,000
1854-5 571,000 128,000 90,000 789,000 314,000
1853-4 376,000 121,000. 84,000 581,000 511,000

Thus the receipts show an increase of 896,000 over
those of last year, and an increase of 369,000 over
1855-6. and the exports exhibit the following results :
Comp'd with Gt. Britain. France. O.F.P. Total. Stock.
Last year Increase 209,000 125,000 71,000 407,000 271,000
1855-56 Increase 9,000 57,000 10,000 78,000 201,000
NEW ORLEANS, January 22nd : Receipts for the week,
72,000 bales (net), against 41,000 same week last year,
and 50,000 in 1856-7. Exports to Great Britain,
25,000 bales. Market strong at the opening of the week,
but quieter since the City of Washington's news, without
change in prices, Middling being quoted 11 c. Sales for
the week, 36,000 bales. Market irregular to-day, with
sales of 9,500 bales. Freight to Liverpool, 15-32 d.
Sterling Exchange unaltered.
MOBILE, January 22nd : Receipts for the week, 35,000
bales, against 19,000 same week last year, and 20,000 in
1856-7. Exports to Great Britain, 8,000 bales. Market
about ke dearer. We quote Middling, 11c. Sales
to-day,-3,500 bales ; for the week, 30,000 bales. Freight
to Liverpool, 15-32 d. Sterling Exchange•rather lower.
RECEIPTS.—We had last week to report a decrease in
the weekly receipts advised by telegraph. This shows in
our table of to-day, the. deliveries at all ports only
amounting to 124,000 for the week ; but, as we stated,
would probably be the case, the falling off is recovered
by our telegram of a week later, and the figures in our
next-will again, reach about 140,000. Beyond another
week or two we cannot expect such figures to be
continued. The excess over last year, now amounts
to 896,000 bales, and will next week run up to about
940,000 bales, Within a fortnight or three weeks, it

will probably have attained its maximum of some
where near a million of bales. From the Ist of
March onward we may reckon upon a relative decrease
till the end of the season. _

EXPORTS : In the exports to Great Britain we last
week reported an excess of 222,000 bales, remarking
that from these figures there would probably be a slight
decline. They are reduced already to 209,000—partly by
a slight falling off in the shipments during the week,
(50,000 against 54,000 last year,) and partly by some of
the clearances for British ports of call—Cowes, Falmouth
and Cork—having been ordered on to Continental ports,
and, therefore, deducted from " Exports to Great Britain."
Under that heading are still comprised 40,316 bales,
which cleared for ports of call, a large proportion of which
will, no doubt, ultimately have to be deducted from the
British, and added to the Continental expOrt column.
The clearances for France only amount to 2,000 bales, but
the total, for the reason assigned above, is raised
by 10,000 bales, "amounting now to 283,000
bales against 156,000 • last • year. To other
foreign ports, the week's clearances have been
14,000 bales, and the total now amounts to 178,000
against 107,000 • last year. There is a considerable
increase during the week in the number- of ships loading
for Great Britain, there being now 98' on the berth at all
Southern ports against 81 last year. This points to a
further increase in exports thither' before the final falling
off, but the present excess upon last year is not likely to
vary greatly for some time to come. Meantime Ame-
rican spinners continue their purchases on an extensive
scale, having taken 36,000 bales during the week,
against 5,000 bales last year. Their total takings now
amount to 334,000 bales, besides a good deal from the
interior towns, *against 62,000 last year.
PRICES : We remarked last week that various signs
favoured the impressimt that we had reached a turning
point in the trade. The average price of Middling at our
leading ports, including freight, charges, and current
rates of exchange, was then 6.5-16 d, or within 1-16 d of
the lowest point of the season the quotation for a few
days in November having fallen to 61d. The average is
now raised to a fraction over 61d. This advance has
occurred in spite of some uneasiness caused by the
political news by the last steamers as to the condition of
Italy and the relations of France and Austria being of an
alarming character. But this unsettling intelligence has
only served to prevent a greater advance. The large
receipts again advised at New Orleans and Mobile have
also had a quieting irtfluence, which it is to' be hoped
they may continuelo exert for some weeks longer, so as
to afford buyers a good selection and further opportuni-
ties of satisfactory purchases. NEILL BROS. & Co.
The market was steady, with sales of 40 brls
Pearls were quiet at 6c.
• Flour—The market was again firmer

pots at 5,§,-(

BREADSTUFF

anti more active, and closed at an advance of 10c to 15c
per brl. The transactions footed up about 16,000 to
17,000 brls. Canadian brands were firmly held, with
sales of about 125 brls. The spec'ulative movement in
Southern brands continued, and the sales embraced
about 6,500 brls. Rye flour and corn meal were
firmly held, while sales were -limited. Wheat—
The market was again firmer, with sales of about
25,000 bushels, including Michigan white, at $1 45e,
mixed. Indiana at $1 35c; red Southern at $1
37c to. $1 38c and fair Chicago at $l. Sales of Jersey
rye were made at 85c, and Canadian barley was sold at
90c. Oats were steady, but sales were limited.

IRoN : Scotch pig continued firm, with moderate sales
at $25 to $26 per ton, 6 months.
MOLASSES :• The market continued firm, with sales of
about 500 brls. New Orleans at 42c.

NAVAL STORES : Sales of 400 .brls. spirits of turpentine
at 49c. Common rosin was at $1 75c to $1 80c asked,
and crude turpentine was held at $3 70c.
011 s : The market for linseed was steady, with small
sales at 67c to 68c. Crude sperm was firm, and held at
higher rates. Crude whale was at about 55c to 56c.
PnovisioNs.—POßK : The market was less buoyant
and active, while prices were without change of moment.
The sales embraced about 600 brls, including new mess,
at $lB to $lB 121 e ; old mess, $l7 621 c, and prime at
$l3 50c. Beef was steady, with sales of about 300 brls,
including country prime, at $6 80c to $7, mess do. at $8
to $9, and re-packed mess at $9 to $lO 50c, and extra at
$ll to $ll 50c ; prime was at $l6 to $l9. Sales
of 50 to 60 brls beef hams were made at $l6
50e for extra quality. Bacon was steady but
quiet at 8e to 10c. Cut meats were in fair re-
quest, with sales of 400 hhds. and tierces at 9c to 91c
for hams, and at 6c to 62c for shoulders. Dressed hogs
were steady at 7-lc to Bc. Lard was firmer, with a steady
demand. The sales embraced 600 to 700 barrels and
tierces at 1110 to 121 e, the latter figure for small lots
prime. Butter and cheese were steady, and in fair
demand.

RICE.—
to 4c.

—Sales of about 650 tierces were made at 34c,

SPICES.—SaIes of 150 bags pepper were made at. 10c,
60 cases nutmegs and 23 cases mace at p. t., and 1,000
bags pimento at 74c, now held at 71c.
SUGARS : The market continued quite firm. Some
holders had withdrawn their samples, hence the sales
were confined to about 400 to 500 hhds, including, New.
Orleans at 7-ic to 8-1 c ; in the sales were 80 hhds. Cuba
at 610 to 7:ac ; and 1,000 boxes at p.. t.
FREIGHTS : To Liverpool : 300 brls rosin were
engaged,at 25 3d. To London : 100 brls of beef were
taken at .4s 3d ; 100 tierces ditto at 4s 3d, and a good,
part of a cargo was reported taken for the same port,
including part heavy goods at 22s 6d, and some barrels
at p. t. To Bremen : 10,000 lbs bone, 300 brls rosin,
500 bales tobacco, and 150 brls sundries, all on private
terms.