Northern Times.
Liverpool, Merseyside, England, 1859-05-30 00:00:00

COTTON,

The effect of the unfavourable political news as made
known to us by the arrival of the Persia was more fully
developed upon the varions markets of this country
during the latter part of last week. As expected, a
decline was experienced, and middling qualities touched
lie .in Mobile, 1 lie in New Orleans, and something
below these figures in Savannah and Charleston. On
Friday last, however, holders refrained from pressing, and
on Saturday a slight improvement was perceptible, with
somewhat increased sales. The quotations as received
by telegraph show the current prices at the close of business
on Saturday. The accounts to 4th May ftom London are
considered more satisfactory, politically, as far as Great Bri-
tain is concerned, and will in a great measure prevent
any serious decline on this side, as the _impression
is strong that, should England be enabled to maintain
a strict neutrality in the Continental imbroglio,
she will need large supplies of the raw material to supply
the extensive demand for cotton manufacturers which
cannot with certainty be supplied by any other country.
In this market, during the week, we have had no regular
business, and prices are still unsettled. We know, however,
that some sales have been made which have not been
reported, and at prices which have not transpired. The
quotations annexed represent the nominal state of the
market, with one or two sales for cash down, at something
less. Our export buyers are not doing much in the uncer-
tainty which still hangs over the political horizon of Europe ;
our domestic buyers are taking only small parcels for actual
wants; the chief business done has therefore been on specu-
lation for disposition at a future day. Holders are not
disposed to force sales, believing we have in a great degree
discounted the effect, as far as known, of the disturbed state
of Europe.

The sales since 10th May we estimate at 2,500 bales, and
the export for the same time has been—for Liverpool, 1,092 ;
Hamburgh, 313 ; Rotterdam, 105 ; Bremen, 72 bales.
Total, 1,582 bales.
Cotton in transitu has been neglected. The only parcel
we hear of was a lot of 600 bales low middling Orleans,with
freight at 13-32 d, reported sold at 101 c. Some parcels have
gone forward on owners' account, and the,offering stock is
now very light. It is difficult to give quotations with any
degree of exactness ; the chief difficulty in the way of trans-
actions being the large margin required by bankers in the
purchase of exchange based on bills lading.
By telegraph the following has been received :

NEw Om sews, May 14.—Receipts for the week, 8,500
bales (net) ; same week last year, 16,000. Sales for the
week, 5,500. Middling nominal at llic per lb. Exports
for the week—To Great Britain, 20,000 ; to Havre, 3,000
bales ; stock on hand, 170,000. Exchange on London,
1091 to 110 i per cent. Freight to Liverpool, id per lb.
16th.—Sales to-day only 60 bales. Holders were firmer in
their views, and asked 112 c for middling.
MomLE, May 14.—Receipts for the week, 4,000 bales ;
same week last year, 7,000 ' • sales for the week, 8,000 ;
middling, 111 c to 111 c per lb. Export for the week to
Great Britain, 1,000 bales. Freight to Liverpool, 5-16 d.
CHARLESTON, May 16.—Market unsettled, and declined
ie to ic per lb. on the better grades. Sales to-day 1,700
bales.

Receipts for the week under review amount to 27,000
bales, against 53,000 in the corresponding wek last year.
The excess, which, last week was 725,000 bales, is now
reduced to 699,000, and will undergo a further reduction
next week. The weekly amount arriving at the Gulf ports
is now quite small.

Exports are to a fair extent to all foreign ports, and our
stock is being gradually reduced.

The following is a statement of the movement in cotton
since Ist September last as compared with the previous four
Tears :

1859. 1858. 1857. 1856. 1855.
Receipts at Ports .3,529,000 2,830,000 2,802,000 3,289,000 2,406,000
Ex.toG.Britain ..1,666,000 1,338,000 1,224,000 1,570,000 1,185,000
to France ... 377,000 337,000 351,000 443,000 359,000
„ other F.P. ... 485,000 291,000 354,000 443,000 214,000
Total Exports .....2,528,000 1,996,000 1,932,000 2,456,000 1,758,000
Stock on hand 449,000 575,000 340,000 404,000 325,000

Ofwhich, during the past week, included in the above :
Received at Ports ... 27,000 53,000 23,000 45,000 40,000
Ex. to G. Britain .. 52,000 32,000 29,000 33,000 21,000
France ... 9,000 15,000 10,000 17,000

6,000 9,000 3,000 5,000 4,000
Total Exports .. • 67,000 56,000 32,000 48,000 42,000

SUMM tßT.—Recelpts : Increase at the ports compared with 1856,
2 00 bales. Exports : Increase to Great Britain compared with
404
18 96,000 bales, decrease to France 66,000, increase to other foreign
pot , 42,000. Total increase in exports 72,000.
Freights—To Liverpool Id to 5-32 d per lb, and to Havre lc.
Exchanges—On London the current rate remains at 110 to 1101
per cent; on Paris 5.121 to 5.181. Wm. P. Wazonr & Co.

LATEST NEW YORK MARKETS

NEW YORK, May 17.---Ashes unchanged, pot $5 50c,
pearl $5 75c. Cotton heavy and lower, sales 600 bales,
middling uplands 101 c to 11c. Flour : Receipts 5,407
brls, sales 8,400 ; State and Western dull and heavy at the
close but unchanged; unsound $4 75c to $5 75c, superfine
State $5 75c to $7 20c ; extra State $7 35 to $7 70e, round
hoop Ohio $7 95c to $8 25c, common to good extra Western
$7 35c to $8 ; Southern dull, sales 2,800 brls, mixed to
good $8 to $8 25c, fancy and extra $8 50c to $9 50c ;
Canada extra $7 75c to $8 75c. Wheat dull and heavy.
Corn dull and depressed, sales 13,000 bushels mixed, West-
ern nominal at 95c, white 94c to 95c, yellow 98c to 981 c,
round ditto 98c. Oats firm ; Southern and Jersey 51c to 58c,
Northern and Western 58 to 621 c. Beef firmer ; sales
700 brls; country mess $9 to $9 75c, prime $7 to $7 50c re-
packed Chicago $l2 to $l5; prime mess---sales 100 tcs India
at $3l 25c. Pork advanced 50c, sales 5,000 brls prime
buyer's option 30 days $l6 • 500 mess, buyer's option till
June 1 at $lB 50c; mess dull and nominal at $lB 50c,
prime $l5 50c to $l5 75c, sales 11,600 ; western prime
mess $lB. Rains 81c to sic, shoulders 71c to Bc. Lard
firmer, sales 1,700 brls 12:c to 121 c. Butter steady, Ohio
17c to 20c new, State 17c to 20c new. Whisky 301 c. Rice
firm, sales 450 tierces 4c to 5/c. Sugar dull, sales 265 hhds,
Muse 6/c, P R 61-c to 7c. Coffee quiet, sales 125 bags,
Java 15c, St. Domingo 103,c. Molasses firmer, sales 115 hhds,
New Orleans 55c, Muscovado 33c to 34c. Spirits Turpentine
unchanged, sales 600 brls, 56c on spot, 52c to 521 c to arrive ;
common rosin $1 70c. Iron steady, sales 30 tons Scotch
23c to 24c. Linseed oil steady at 66c to 68c ; lard higher ;
sperm and whale dull and nominal. Hides firmer, sales
8,000, B A 26c to 261 e, California 23c. Tallow firmer, sales
15,000 lbs at 1 lc, small lots 11/.c. Freights to Liverpool
unchanged. Wool quiet at previous quotations.