Literary cadet and Rhode-Island statesman. [volume] (Providence, R.I.) 1827-1829, 1828-06-04

6lment Of the treaty Of Ackerman. Further
hostilities would not be commenced except
the Sultan should show himself unwilling 20 lis
ten to reason. Meantime, the efforts Of the
diplomatist now al Constaniinople assist in
maintaining the tranquility Of Eurhpe.
GREAT BRITAIN.
BY the packet ship Florida, Capt. Tink-
ham arrived yesterday from Liverpool, we
have received Liverpool papers to the lst May
Inclusive. being five days later than before ra-
ceived. and London papers to the soth, bring
the same dates as per the Corinthian.
II was officially stated that the British gov
ornment had sent out by the last packet to
Rio. urgent representations Of tho injury to
the war with Buenos Ayres 10 carried on, and
q strong recommendation to Don Pedro 10
bring the war to close.
Tho English ministry are determined to a.
bid uy the act Of 1926, which takes all En-
Hiish notes under E5 out circulation in April
1929. They mean to introduce law to pre- !
vent the circulation Of Scotch and Irish small
notes in England. These alterations depen-
ded on tho concurrence of the bank Of En-
gland.
A bank is about to be established at War
saw, with capital Of fifty millions Of aorins
an Exchange is also about to be built a: War
saw.
Tho bill repeating the Test and Corporation
acts, as amended by the House of Lords was
sent to the Commons On the 29th Lord
John Russell moved that the amendments be
printed, and taken into consideration at an
early day..
Mr. Peel on the same day presented petit
ION from the University of Oxford. against
Catholic emancipation. 1t was mentioned,
that, when similar petition was sent up from
the same body few years ago, it was carried
in the University without a dissentient voice
but at present il was carried by q majority Of
80 to 81 who voted against 1t.
Ertrse. from a Hapre Circular, April 20.
Throughout the month cotton ha, continued in favoa-
BE position and the late the Uahed States
presenting deficiency Of 100000 bales in the er"p.
with certainly Of those Of Egypt being reduced one hall
she enistud quantity tend confirm the favrahe prospect
Of market. Prices have gradually improved during lhe
Ing shock which credit and trade sustained by the failures
and here and the limited demand for days past
%snsons The stock hand 81 5s5 bags Ats less than
at the period last year. .
snoah-and feel but little confidence that the present
,rates will be maintsined
Sace the arrival Of 1000 casks OF Ashes ny the two packets
from York, the price has decned and Al would now be
The a,l. demand which existed for Rice, has subsidized,
though from the reduction Of the stock prices are shade
higher "a Is have been pa for Carolina and the ar
'tscie will not probably go any lower"
L,vERrooL, Goth April, 1923.
We bes leave ad,sc You the and prospects Of
market r American produce and Of the changes 'ha haze
taken place circular Of the Gath umo was tranu
There ha. lately been ucrea,d demand for Montreal
Pot Ashes, partly speculation, and the price, have
Ashes At 81. SIS Cd per Pearl Ashes Plen,
fu and less In request 2ss to SIS ew There mod
crate demand for aue,ron Bark at i to iS. ID per ew
-, per hid for Philadelphia and AS to 10 Tor NewYok
Old Seed for crushing nomina'y 4o' per hid Co'eeed
nouiaaly 40s to e0' per cw Beewax oL to io d per
The accounts Of short crop. of Cotton various parts Of the
United State, having been followed by considerably dmla'h
ed imports from hence there b. been increased demand
for Cotton; the sale, of the last six weeks having averaged
is5o bag, per week. which nearly fourth have been
speculation prize, Of the qua,ie, Of Upland
Orleans Mobile and Tennessee, have advanced I'D wh',
the advance the qualities has exceeded i4 and
on Sea Islands, which scarce aculiy the finer qu.l,-
de ha, been Id to i2 b. The sales Q! the Last week
.nouaed to 10, i6a bags Of which 54io were upnd a. D
good including l20 prime IA to 3-s Also n Orleans,
ass4d I'd for ordinary to fair, an La to Ia "a Tor or
s4 for ordinary good 500 Sea Islands at Is y to IA IL
for middny M clean, and i5d to 2li for good clean TO
n.w sells at Sd 10 eI2 Maranha and Bahia lid to sd
Demeraa and West India n I'd to lid Carhagena
tan It i4ito g. sd per- h. In the last few day. the de-
.nd has in great measure ubded and the dealers and
spianes moderately stocked, Is not mPronaSe u Ga
that they quiet specuators for while, until CIR
give fresh impulse 10 then movements
II. srss Of into h ps ko"dGn and su
1880 East Ind s6io Egyptian l4si We', lnda &c,es @
325e5 bags, the same period last year there , were
1864 West Indi, &c ,ota 24s O5 bag. And to the am.
period in 1926 there were i2io3 American, Ssro psl
fa ss TIs esyRSS ]" a.: he
$50 100 American $50 Braxil 500 East
Egyptian, io,sso West India &c-'OtaL 4oso oass. ins
consumption Of Cotton in this country in the present year e
timed 1850 bag, per week. and the exports to the Pe'eh
time have amoun,eio q, ,5ai bags
The demand for descriptions OF Cotton uo'a' no $
brisk lately WA, still considerable, and in genera
there accumulation stocks; yet the exports Tor h
that some Of the Foreign markets been supplied
There fair demand for Cotton Twist, although oo'h SPIN
prices Of thc raw material they are unable obtain
poudins advance their Goods and Twist, WIN respect
the future price. Of Cotton we may remark !h., the %
has for time very much resolved itself into one OF IN
ports AMI principally OF those from the Uulted o"es. n
supplies from the Draz ,hi. likely 10 be increased
and from the East Indies they will also be aryer aud yer,
smali further prices Of American coion won'
Sur, asd Bengal Cotton to be 1'ei in hel
stead The late from the United States have repre-
suted that the ,uppes from thence h, country ia the pre-
sent year vl exceed 100000 10000 bags and eou
sSs ssis S the !",ps s% thence in 1893 will
exceed 100000 bags would that ,~ea eeum"anee az
would further .dvanet in the price, here Of "a
Id per H. Wah knowledge however, Of the vaguens"
uncertainty attending all calculations OF this natueei he s
tha. there In this country unusually large stock VIII
which the year. and that the recent imProVeme
in prices, and probable an,ic patton Of still higher rates wi
have the effect Of bringing Cot,o" to market which n
der tormef eho Tess avofapie PosPecs "o""'
back ssngune expectations Of any mater
amenJment but sill, under all the circumstances we k
frher advance Of + to I'D per h. not improbable, an
would advise shipments to be made with higher expsc
tions. 90
We may also add that any material further advance In To
psces would have the effect of checking the consumption an
That the manufacturers spnoer and dealers would eono'
the advance merely temporary, they would reauee ,he
stocks and again adopt syssu of purchasing paogy ho
4he Po for the supply oa!y Of their immediate wants. 50 IN
The sablhaent Of higher prices would rest almost solely
ths contingency Of produeive We may further sta.
shat inerei,ed the con,umpton Of Cotton Europe he
Is prevailing opinion hat the production Of II Is ia create
desree the and that in OF abundance q,
teceocy Of prizes will still he downwsrds The gradual will
driving Of the and two-pound notes from crculsion
th eo1ay has had great aud in,en, lie influence in reuciu
the money value Of s articles and there indie tion
th, being dped firm, the prices o produce geoers