The Rodney telegraph. (Rodney, Miss.) 1838-1840, 1839-06-18
COTTON MARKET.
LIVERPOOL. MAY II.

i
LIVERPOOL. May II.
Since the Liverpool steamer left here Goth |
uh. our Cotton market has continued gradu- |
ally 10 decline under the influence ofan ex
ceedingly discouraging state of trade in |
Goods and Yarns, and the unfavorable course |
of the Money market-The limited business
now going forward in the low and middle |
qualities is at prices about / Id per ID. below
the highest point OF the market 22d March, |
when the Great Western sailed on her last |
voyage; the decline in fair qualities is about
Id, and in good fine, which. are relatively |
Scarce, the depreciation does not exceed ia
Id. The quotation for fair qualities is "a a !
8. per h.. nearly nomial. At this time there
are little or no symptoms of amendment
in the export demand for Yarns, while the /
scarcity, or pressure for money throughout
the country has been more felt the present
week than previously.-The consequence
has been further important and very gen
eral curtaiment Of the working time of spin
ners, and reduction of the consumption OF
Cotton, which is now variously estimated al
from 5000 to 1000 bales per week below the
average of last season. The accounts from
the United States are to the 22d ult. Hold
crs contine very generally to abstain from
pressing their stocks on the market, but as
the demand for weeks past has only been
small parcels to supply the daily wants of
spinners it would not have been possible tea
sell largely, even by Submitting to a further
considerable reduction AS holders have
not been tempted to low offers for large guam
titles the stabilityof the market has not been
effectually tested, but the quantity offering
continues greatly to exceed the demand.
The business for the four weeks ended to
day amounts to 33 800 bales. The present
weeks sales are 1850 bales-of which 364O
are upland at 7aa9I.; $3.50 Orleans at Tia
lid 1850 Mobile and Alabama at 74a9d.;
and so S. Island at 23a30d. per Id. The
winds have latterly been untavorable for ar
rivals, but the import into Liverpool since
the first January amounts to 357 900 bales
against 500 900 to same period last season
The supply from the United States is 2S2
600, being a decrease of 254, 900 bales
The stock in this port is now estimated a
10000 bales, against 100000 at same pc
Rod last year; the stock Of American is a
bout 26O, 900, being an increase of $4,000
bales. = The stocks in consumers hands are
supposed to be lower than at any former periot
for some years, While the stocks of Yarn
are heavy and prices relatively far below
those of the raw material.
New ORLEANS, June 10.
Dizziness and inactivity are the ordinar,
characteristics of our market, at this seaso
Of the year, but it is seldom that we are call
ed upon to notice so great degree Of apa
thy as has distinguished the past week. Tn
(. entire absence of any important operation
in our Great Staple may becited as the pr.n
cipai feature which has marked the week a
one Of unusual dulness, and the same cause
Of inaction in the marke: generally, SO fix
quently advertcd to in our former numbers
continue to operate with undiminished il
faence. The weather has been cles
throughout the week, with the exception
an occasional most welcome and refreshin
shower.
CorroN.-Received from 7th to ii
instant, 1851 bales; exported to Liverpoe
1850 do; Havre, 2,O33 do; Trieste,
IA do; New York, 2,242 do; Boston,
203 do; Philadelphia, 126 do; in all &c
-427 bales-making reduction in stock
16,646 bales, and leaving balance on hal
of 63,664 bales. We took pains this wee
to get at the correct statement of Cotton
port, and find if we have any alteration
&make at the end of the. season, it will be
add on few thousand bales.
On Saturday, (he day of our last public
:ion,) by the arrival of the packet ships @
pheus and Burgundy at New York, we r
ceiyed dptes from Liverpool to the 6th, al
from Havre to the 9th of May. Cotton hi
further declined, since the dates given in O
last, and trade, generally, was greatly q
pressed. On Monday we were put in pc
session of adyices from Liverpool to the IL
and from Havre to the 18th Of May, by Il
arrival 1f the Great Western at New Yor
The accounts Of the Cotton markets CO
tipae e be Of vary undattering charactt
viii further dsEline had taken place, DO
g Liverpool and Hayre, and the demand y
coQtjped to small parcels to supply the il