Northern Times.
Liverpool, Merseyside, England, 1859-01-25 00:00:00

COMM ERCIAI

NEW YORK, January 11.—The weekly statement of
the• New York city banks, of their average condition for
the week ending Jan. 8, shows, as compared with the
returns for the preceding week, an increase of $954,323
in loan's, 52,142,429 in net deposits, $1,270,893 in specie,
and $76,202 in circulation. We annex the averages for
the week, for last week, and for the corresponding date
of last year :

Date: Loans & Disc. Specie. Circulation. Deposits.
Jan. 1, -'59. 127,581,319 27,129,725 7,834,090 90,684,193
Jan. 8, '59. 123,538,612 23,399,818 7,930,292 92,826,622
[Same time last year :—]
Jan. 9, '5B. 98,792,757 29,176,838 . 6,613,461
COTTON

79,841,362

NEW YORK MARKET.-Our last report closed upon an
improving- market here, under more favourable news from
Liverpool per America. A more active demand had set
in, and prices were in favour of sellers. The same news
had also a stimulating effect at the South, which caused
increased activity here, enabling holders to obtain au
advance of ic., Middling Upland being worth 121-c.
Since the North American's news, •however, business has
again become very quiet, and the advance is lost.
Yesterday the market was depressed under the Africa's
advices, with sales of 1,000 bales, on the basis of 12c. for
Middling Upland. The sales of the week amount to
10,000 bales, of which about 3,000 ill transitu, on the
basis of 11-ic. for Middling New Orleans, with idfreight.
SOUTHERN Minims A moderate business is reported
at the South during the week, by mail, without any
material change in prices. The receipts had been
unusually heavy, which, together with dull news from
Liverpool, caused buyers to look for lower prices, and
business had consequently been somewhat restricted at
the opening of the week ; a slight concession, however,
brought in buyers, and a fair business was subsequently
done. By telegraph, a 'week later, we are advised of
increased activity at New Orleans and Mobile, caused
partly by a slight falling off in the receipts, but chiefly by
the more favourable advices from Europe, per America,
which had stimulated business in the early part of the
week, and led to an advance of He to lc, with large sales
for several days. Later news from • Liverpool, per
North American, being again adverse to holders,
however, the markets became irregular, and most of the
advance was lost. The week's sales at New Orleans
amount to 59,000 bales," against receipts of. 63,000, the
market closing irregularly at about 11ic. for Middling,
while at Mobile 26,000 bales had changed hands, and
that market had closed quietly at 111-c. for Middling.
At Charleston and Savannah, there has been less fluctua-
tion, and prices are Vrithout material change, though the
markets are rather unsettled at the close. We have not
vet learned the effect of the Africa's news at the South.
Freights have been unchanged during the week, while
sterling exchange has rather a downward tendency.
RECEIPTS : There is generally a tendency to smaller
receipts at the ports at this season on account of holidays
on the plantations, and this year has not been an exception
to the rule. At New Orleans and Mobile jointly, the
week's receipts, by mail advices, amonnted to 116,000
bales. For the past week, (by telegraph,) they are
reduced to 94,000. This, however, compares with
51,000 bales in the corresponding week last year, so that
the excess in the relative figures, continues to increase
It now amounts to 777,000, by mail dates, and next week
it will be about 810,000 bales. The tributary rivers are
all now freely navigable.

EXPORTS :The exports to Great Britain this week has
been rather smaller than for some weeks past. From all
ports they amount to 45,000 bales against 58,000, 47,000,
and 70,000 bales in the three respective preceding weeks;
and next week they will sum up smaller still, as we learn
that only 13,000 bales had cleared from New Orleans and
Mobile jointly for the succeeding week (by telegraph),
against 27,000 the previous week. The total exports to
Great Britain amount to 580,000 bales against 360,000
last year, and 529,000 in 1855-6. There arc now but 78
vessels loading for Great Britain from the Southern
ports, against 75 at the same time last year.
France has taken a very largo excess upon
any previous year, but the shipments thither are
now falling off. The total is now 265,000 against
131,000 last year, but during the past week only 15,000
.against 20,000 last year ; and there are now but 17
vessels loading at the South for French ports, against 33
at the corresponding date last year, which points to a
decrease of fifty per cent. in the shipments for several
weeks to come. For other foreign markets the clear-
ances have been large ; 24,000 bales during the week
and 156,000 since Ist September, against 93,000 last
year, while the number of vessels loading at the South
for " other foreign ports" is 59, against 34 last year,
pointing to a continued large export to continental ports
other than French. Freights arc unchanged during the
week. The number of ships and barques in port and expected
at New Orleans is 266, against 299 at the same time last
year, of which 123 are now loading to various parts of
the world, against 108 last year. At Mobile there are
64 in port against 66 last year, of which 42 are already
loading, against 29 last year. This comparison would
indicate that freights should bo at least supported for
some time to come' and any activity in shipments to
Great Britain would no doubt cause an advance.
Crop : There is nothing very new on this subject. The
favourite estimate is still 3,600,000 bales, this week's
decline in receipts not appearing to affect the question.
PRICES : The market still maintains almost a uniform
degree of firmness, the advance caused by the stronger
Liverpool accounts last week, or decline by the weaker
ones this week, being alike slight and partial. On the
whole, quotations are about where they were a fortnight
since. This will probably be the case for some weeks to
come. The large receipts have of course a tendency to
depress the market, but the encouraging accounts of the
progress of manufacturers everywhere added to the
cheapness of money and general confidence in the article
at present prices, prevent a material decline. At the
same time the absence of any great number of English
orders at even present rates, (still less at an advance upon
them,) checks for the present any attempt on the part of
holders to raise prices. NEILL BROS. AND CO.
Ashes, pot 5 62k, pearl 6. Flour, receipts 6,944, sales
11,600 brls, State and Western 10 to 15e better, unsound
4 to 4 30, super State 4 50 to 4 75, extra State 5 25 to
5 50, round hoop, Ohio 5 60 to 6 90, common to good
extra Western 5 30 to 5 75 ; Southern buoyant, sales
3,400 brLs, mixed to good 5 20 to 5 50, fancy and extra
5 60 to 7 50.; Canada extra, 5 75 to 6 75. 'Wheat firmer,
sales winter Western red 1 22 to 1 25, white Michigan
1 25 to 1 40, Southern white 1 25 to 1 48, white Ky
1.55, 'Western 1 30. Corn better, sales 16,000 bush,
mixed Western 82, new yellow, Southern...Bo, 'Oats
buoyant, Southern and. Jersey 45 to 53, Northern and
"Western 53 to 60, Beef steady,. sales- 400 brls ; country
mess 7 75 to 9, prime 6 50 to 7, repacked Chicago 8