The Northern Daily Times.
Liverpool, Merseyside, England, 1857-02-03 00:00:00

COMMERCIAL INTELLIGENCE.

i 4 NETARY
Nip NEW YORK, JAN. 21.
APPAIRS.—Since our last advices of 12th
tar taut there has been a decided improvement in the Money
ietket. That growing ease has been more particularly felt
diae?„1:1840n Stock, than in any marked decline upon the
tea "eb ef paper. During the week the aggregate of
aZactions at the Stock Exchange has been to a fair
the ; but although since three or four days the tone of
earl Market is better, the annexed table of quotations
pr;,°„Y indicates a rise and a decline upon last week's
tf,, „''' litl
The very heavy decline in California 7s is due to
ca-tr, W s brought by the last mail, of the unconstitutionality
Supreof 7s, redeemable 1875, pronounced by the
Court of the State. This news, although accotn-
doei;t' with universal assurances that there exists but little
vale the
that this debt wilt soon receive from the popular
told character of legality which it now lacks, threw
13eed upon Californian securities, as well as city and State
aftee 8: The decline of the State Bonds has attracted some
the he and they are again looking up. Since two days
sn fareavY fall of snow, and the intensity of the cold, have
inter i imPeded communications by water and by land, as to
1114re!1.6 seriously with all kinds of business. Spite of this
14 an upward tendency to-day.
Ilaf • COTTON.
QoelieVlOßS to the arrival of the City of Washington, a
401 a 4e of 4 to tC was submitted to in this market, and
era
ClVier, Were more anxious to -realise. The Liverpool,
large showing an advance of id per lb, with continued
asbbtimsales, arrested the downward tendency, and prices
ea more steadiness. On Monday afternoon, the
the a-Sea 8 news via Halifax, was made public, confirming
N,.l44sin-,,,v,,411e8 of id; but owing to a very severe snow storm
est,,--8 was interrupted, and no sales were made.
00e-ruaY there.was a good demand, and sales reached
the market closing with a firm feeling at the
Nit,,-,`,"ed quotations. The total sales for the week I
lita-'lO at 10,000 bales. The export, during the same
6 bas b
Cott° yen to Liverpool, 2 016 bales.
and f, 11 in transitu has been comparatively neglected,.
sales made during the past week, holders being
,--rle„lef3 to accept lower prices. - I quote Middling
4,,21,„-'s and Mobile with 9.16 i, freight laic ; low middling
loiiihige,c4l ordinary llic to 120. Atlantic cotton with Id,
'kt to 12ic. The quantity offering is small.
NA, ~,'.„egraPh the following has been received :
?,114,.- ORLEANS, Jan 17.—Rec3ipts for the week, 45,000
t,„11,60'0 Same week' last year, 30,000. Sales for the week,
'!;,o,' Exports—To Great Britain, 26,000; W Havre,
k ier, Stock on hand, 408,000. The demand has been
4'l) ,drid-for good stapled cotton the classification is less
' f he quotations to day are as follows : Ordinary,
I,i 'e
1.; good ordinary, 111 c ; low middling, 12e to
1'
T ;_, 12:46 to 124 c ; good middling, 121 c to
4,?,,,,,ud1ing fair, 131 c to 13ic; fair, 131 c to 140.
et,17,"8 to Liverpool, 9.16 d. Exchange on Loudon
day 638 ed; sales at 51 to 7 per cent. Jan. 19. Sales to
,000 bales. Middling, 121 c.
I,.daie°„,,llitt, Jan. 17.—Receipts for the week, 25,000 bales ;
tze„Ceek last year, 22,000. Sales for the week, 20,000.
e 4 ell hand, 207,000. Middling, 121,e to 1210 per lb.
'4„rs tti1;.1:: RECEIPTS, &c.: I have said in my former circa-
th, ", there is nothing in the comparative magnitude
e reeeiPts at the ports to justify the expectation that
the
lea
, exceed or even reach 3,000,000 bales, because
4,11(1 agettude in question arises from an unusually early
't 4„-1.:3 Continued free navigation of the smaller rivers.
the i, where the arrivals from the highest points of
gitrcroaeinbigbee and Warrior rivers have been by full
,',4t4,--831,fPni the beginning of December to our latest
-"„,511,y 13-Z's ,explanation is more obvious. because more
3, 14. en than in the case of receipts at New Orleans.
`4411,01 i&uewing table may be useful in giving an explana-
eba§ist etv Orleans receipts, which will be found entirely
„:obo3ooot,with my position, that the crop will not reach
u,ates• niay also remark that the same circum-
utlea,;,. waieh have caused these free receipts at New
dad Mobile have had the same effect in those from