Northern Times.
Liverpool, Merseyside, England, 1859-05-10 00:00:00

COTTON

NEW Yonx MARKET.—The European advices have had
a most depressinc, effect upon our market, bringing business
almost to a stand. As the Liverpool market had shown
such strength last month, without support from this side,
every one expected from the falling receipts, advancing
markets, late planting season, and serious detention of
vessels at the bar of the Mississippi, that prices would be
forced up considerably. Instead of that, however, all this
timulatin,g intelligence is met by a decline at Liverpool !
This naturally causes great surprise and disappointment.
In the absence of renewed orders from Europe, regular
buyers are, for the moment,-quite out of the market, and
the disappointment of speculative shippers keeps them
equally quiet. In cases, therefore, where cotton has been
pressed, a decline of le to =7-c has been required to tempt
buyers ; but at this decline there are few sellers, and with a
good demand old prices would be speedily recovered.
Too little has been done in transitu cottons to establish
quotations.
SOUTHERN MARKETS.—The Arabia's accounts proved
equally disappointing at the South, and at once checked
business, though without producing any considerable
decline at the Gulf ports. The week's sales at New
Orleans only amount to 20,000 bales; yet factors are
unwilling to sell below last week's quotations, and it is
difficult to find a good style of Middling Cotton under
12A-c, which is. still the nominal quotation. At Mobile
holders have shown more disposition td meet the market,
and prices have receded ic to c, though there has been no
pressure, the week's sales being 9,000 bales. In the
Atlantic markets, however, prices at once fell ic to .Ic, and
so little doing that quotations have become quite nominal.
Freights at New Orleans have rather a hardening tendency,
some shipmasters asking 5-16 d.

The following is a statement of the movements of
cotton for the past week, and since Ist September last,
compared with the six preceding years :
••••----*ItECEIPTS.---.--, ,--EXPORTS FOR THE WEEK-.
Past Week. Since Ist To Great Other
To France.
September. Britain. F. P.
1858-9..... 50,000 3,416,000 88,000 8,000 14,000
1857-8 71,000 2,655,000 53,000 12,000 14,000
1856-7 26,000 2,734,000 40,000 15,000 9,000
1855-6 75,000 3,142,000 68,000 15,000 13,000
1854-5..... - 10,000
1853-4
1852-3 51,000 2,975,000 48,000 27,000 24,000
,----EXPORTS SINCE IST SEPTEMBER.--,

To Gt. Britain. To France. ToCILIP.P. Total: Stock.
1858-9 . 1,451,000 359,000 453,000 2,263,000 630,000
1857-8 1,236,00) 309,000 219,000 1,794,000 664,000
1856-7 . 1,149,000 347,000 334,000 1,830,000 398,000
1855-6 1,416,000 402,000 400,000 2,218,000 550,000
1854-5 1,089,000 300,000 196,000 1,585,000 354,000
1853-4. 1,039,000 240,000 210,000 1,489,000 655,000
1852-3 1,310,000 335,000 267,000 1,912,000 568,000
Thus the receipts show an increase of 761,000 over
those of last year, and an increase of 274,000 over 1855-6,
and the exports exhibit the following results : •

Comp'd with Gt. Britain. France. O.F.P. Total. Stock.
Last year Increase 215,000 50,000 204,000 469,000 De. 34,000
1855-56 Increase 35,000 De. 43,000 1n.53,000 43,000 80,000

RECEIPTS.—The decline has been very steady. Fel:the
last five weeks the weekly falling off, as compared with last
year, has been 20,000, 30,000, 15,000, 16,000 and 21,000
bales. For the week the receipts at all ports has been
50,000 bales against 71,000 last year. The excess is now
reduced to 761,000 bales—a reduction of 260,000 bales
from the highest point. This decline has occurred in nine