Southern telegraph., 1838-05-02
CHEERING INTELLIGENCE.

The following will be received with great
interest by the public. II is an extract ola
letter from Commercial House in New
Orleans, to one in this city, and brings wei
come tidings.-Natcle. Courier.
Nav ORLEANS, April ~.
"I'he accounts from Liverpool to the l7.h
March, received this morning, have thrown
quite new aspect upon the face of things,
after the tidings Of the ! lth, that we gJt
Yesterday. The two last Liverpool packets
If 10Th March, and the one Of The lth,
brought over 100000 dollars in specie,
and it appears that their receipts are to DO
followed Immediately 10y others, 70 the ex-
tent of enc million sterling, being, as i; is
so stated, a loan made by The bank o Eng
land, to enable the New York banks etltc-
taily to resume specie payments, which
they will now positively do, next month
Private letters .add, that If Mr.. 3 ddle does
not resume simultaneously with the New
York banks he will do go very soon after
them. Coupled with The New York olcc-
tons, these things have really put people
in something ike smiling halnor once more
particularly as letters from Washington,
from headquarters, state that the Treasury
scheme is to be Withdrawn altogether, and
and the specie circular to be at once repeal
ed. We are iorwarnei to expect some as
tonshng political somersets al Washington,
IN which Mlistcr Martin is to play cunspi-
cuous part.
There has been willingness to buy cot
ton his morning, which Yesterday could not
have been sold at one cent dccIinc."
LIVERPOOL, l5ih March, 1923.
We have had an improved demand FIR
cotton the last four days, with Lore firm
ness IN the market, and prices have add
vnnced per ID. from tho lowest point
9Th inst, the dates Of our last circular
The sales for the week ended Oh inst.
amounted to q, 430 bales, Of which 1859
were upland, at 81 a s; 1870 Orleans nt
% Ga; 1850 Alabama and Mobile nj 81
a 81, and 100 Sea Island at le4a 35a Der
b. The business for 5 days ended This
evening, is estimated at about % GOO bales.
of 1900 to 1900 have been taken on spec-
uation, but the dentnd was not 50 active
or general to-day as yesterday. The i'm
port since the Oh inst, has been abb ut
$4,000 bales, making The supply since LIST
inst, 10000, a quantity unprecedented
iQ the same space of time. II is only par
tally landed, and has not, us yet, been
pressed on the market extensively. Tho
import since LIST January, has been $4,000
bales against 25S,000 to same period last
season. In the supply from the United
States. the increase is $4,000. The stock
in Liverpool is estimated at about 100000
against 250,000 at same period last year.
The stock of American is about 10000 or
10000 more than it then was. There has
been some little improvement for the de-
mand for manufactured goods at Manches-
ter, but yarns are very dull
Foreign wheat in fond is in fair demand
at 4 IS. per 20 10. Turpintine rather
higher; parcel has hccn sold at ID a 1919
per cwt. for fair quality.
Yours, respectfully,
w. g. ]. BROWN e. co.
18th March.-The demand for cotton
continued good yesterday, and 5000 to 900
bales sold at the full advance above men,
toned The sales for the week ended last
evening amounted to 30,220 bales, of which
$3.50 we're upland at 81 a s; 1850 Or
leans at 50 81, and 1880 Alabama and
Mobile at 8 81 per ID. There docs not
appear 10 have been any further purchases
on speculation. The demand has also been
brisk to-day, and the sales upwards 5000
bales, and in many instances at prices
shadc higher. The advance altogether.
is E,iI,, N sirIsr hiss IS ....f