New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1846-07-20

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sad IL 800 Alabama and Mobile 81 as; and s99 Sea
Island at llal7d per D. Fair Upland and fair Mobile 81
and fair Orleans Sd per h. The total stock In this port
about coo bales against G5 900 period last
seasop the stock Of American 10 estimated 5 CO.
being q decrease Of 800 600 bales.
Correspondence of The Tribune.
LIVERPOOL, 80 July. 1916.
Gen,leuen: In commenting the s:a,e Of business
during the past month have to repea, nearly similar
remarks to those advanced mouthly since the COM
mepceuent Of the present year viz that the demand
for Produce In the Porte for Goods in the asnuiac-
turing Is stl confined the supplying OF actua!
wants srd hs, though such wants are and nave oeen
much curtai!ed possible sill tee requisite con-
sumption markets have 10 rnee Keeps an e&tensse
business constantly in progress But the means OF sup.
plying this demand adequate and the cornpeuton
70 do il great, that protu continue 70 Dc very .a
And 70 90 large Is the export OF Manufactured
goods speculation 70 foreign markets tast losses
generally complaoed OIL tnan pronIs lno~et
.m.lD acknowledged Many fear the new measures oil
the late Government come into operanon rnsy re-
tard rather than improve this state OF things because
they fear changes are 70 eur none
trade and this without benehang our Forelgo co
MERGE for abroad appear 10 have been over
done without additional encouragement to export and
ours with returns Hitherto our home markets have
been too well ~ pped by imports TO admit Of advantage
IN the uropretors and this either from excess OF sup
ply over consumption or because TOO high prices have
been paid for produce at the places OF shipment even
admitting that they have been for the purpose OF re-
turns.
The Session Of Parliament advances rapidly and
much nteres, has been attached TO recent events The
late Government having carried their chief measures
the Importation Bal and toe Tariff hsve succurnbed
on a measure that deem OF minor importance. and
resigned Office The changes that are about 10 ioio"
may keep business inactive for some time al All events
until can be what course Ia likely to be adopted
by those now in power. Our peaceful arrangements
abroad may reasonably be expected 10 continue upol
turbed Our long pending differences with the United
STATES are al length satisfactorily adjusted and we en-
terrain no fear that the war In progress between that
country and Mexico will involve European nsuons
where all seems 90 well.
AZ 10 the monetary affairs Of the past month there Is
not much TO comment on. II many OF the Railway
Companies still persevere In working out their plans
thew will thus prevent the Of their deposits The
movement lately made has had the effect Of preventing
the adoption OF schemes and Induced more caution
In working those that are In progress-this may
check another extension and put some limit 10 the calls
for funds for those purpoaes From the state OF the Mo-
ney Market shown by the continued decliDe in EI
chequer Bills that they have been as low as "a to Us
oremum)-itis evident, that either want OF perfect
ease, confidence exists So soon however az PaIia
men rises and the extent 0! the mischief seen Is
probable there may DO reaction for the better
though great may still be the Drain Tor tue wants OF
the now In actual progress that any thing
like an abundant Money Market with low rates oil dis
count is looked for this yeHr-and the Continental
money markets appear TO be Influenced by the shme
causes and rather require relief themselves,
than are prepared TO afford lit Others.
ApurcRehing 10 another harvest, Cat all
times most importantly the public mind will be directed
10 the result and now, Ster
tho great changes In Corn Laws and be more sens
tive than formerybecsuse abundant crops uDder pres
eu circumstances may not produce such great and as
ing benefits formerynow that the produce OF other
countries will come so freely Into competition ana con
sumption at home. There are fears which nave grown
I'D but lot us hope since the change is made that It VIII
not work so di sadv antageously as many Imagine IL
does not then the future trading prospects oil this conh
try may be contemplated With confidence consumma-
lion sincerely 10 DO desired and wished for by all
Cotton Our supply from the United States has rather
Increased during the past month but is still on very
reduced and moderate scale looking 70 me aoVanceo pc
Rod Of the present The Import during the week
amounts ~ 99 packages. and there were received o.
ring the past month LOG 2S4 bales OF American l3sia
Brazil 1868 Egyptian, 56l West India aud ls3 Esst IN
dia-o,s 100 95i bales Of all kinds while IN June land
to the Sd Juy) last year the receipts we're unusually
heavy having amounted noless than $50 0se
OF which 32341l were American. 1868 Brazil IL DOC
Epyptian 773 West India, and 1913 East lndia. The
falling oil in tho import this time. now amounts TO
452o46 packages. and Is chiefly In Amerioan-(3r ,ne
aggregate import OF all other descriptions varies te)
and the quantity is also much below that on the
way ut this time last yoar
In ordinary times the accounts received per hoernla
would have had decided effect In favor OF hold
ers The settlement OF that long agitatee Oregon ques
t!on deficiency In receipts 10 such an extent tnat
points with tolerablo certainty crop not over lV
600 bales Tor nearly 900 less than as year, together
with the unusual bsckwardn0ss of the present season,
appear to be- IN great measure neutrazed by the re-
sgnstou Of sir Robert Pees Government the indher'
ent from the manufacturing districts enough
rather steadier In Manchester Tuesday lasi) the
Losses sustained land To be susained) by shipments TO
the East Indies and China the continued tehtneH In the
Money market and the general lndisposl,on 10 lay III
stocks or 10 purchase than is requisite for mme
diate wants Owing to these latter circumstances our
market was totally devoid OF animation throughout the
mouth American Cotton Is I'd per 10 cheaper on short
staped descriptions and fully Id per 10 on the ordinary
and middng qualities OF Sea Islands. the latter In con
sequence Of Increased estimates Of that particular crop
Egyptian for all the better kinds, are quoted ia
lower within the period. No substantial alteration
took place Ia Brazil Fast India but the demand Tor
each fell of considerably The entire sales OF the past
SIS ka1au At hfNh
American against 222 400 bales, OF which Isl O5U were
American last year, difference Of $500 between
the respective months The outgoings from this port
for consumption show nominal decrease OF ~ bales
but spnners understood be so moderately stock
ed that the actual consumption lie believed 10 be- very
nearly par with last The speculation lwnicn
was chi. In The fret and last week Ut the month) con
sisted Of Is $50 bales Of American and 500 SurAts Inc
export demand sgsn slsckened, sl the quality puT-
chased with that object amounted to lOsou bales VIZ
$50 bales American 500 PeruRrns, 2I0 Maranhams 7oU
Surat and go Madras the season for export no" az
vancng and the quantity going direct from Inc United
Staiee has recently increased The latest ad'ces snow
that the receipts the porte were rapidly dminAnbs
and the season fact drawing close. The total quau
t,y now accounted for s7s 600 bales against $780,
oO0 and 93l 900 In 1874 present deficiency as com
pared with last year 2SOO0 bRles The exports TO Great
Britain continue exhibit striking contrast being so
far only s32 COO bales against l272ooO and LUIS wv
respectively. The export to France was 2'ueoV oses
35 year and the total export TO all quar-
tors shows falling of 10 tho extent OF 5S uou bales De-
ius 265 900 against lSS0oo last year and In
lS44 against this however may be pisceo an increase
of stocks remainipc hand in the ports Chiefly at
New rieans) OF 1875 900 bales, the difference between
43 900 bales this aud COO last Should the Con-
tinen, Of Europe and other quarters get ther ar po
ton of the balance OF the crop the end Of the season
we may still look for deficiency in our supply this yesT
Of fully 100000 bales The accounts from Manchester
have been less cheerful Of late, and the business trans
acted there during the past month VISA on lower ,e ms
for nearly all descriptions OF goods nor nave 'rus
maintaued their value. while the stocks OF each nave
been rather rccumustips. Thus We have n less sdts
factory report to issue than the case n1htn
ago. the tone of business having changed some~het 10y
the during this period but within the psss &c"
days II bAo become better sgsin
robaeeo-The sales again increased during the past
month having amounted to s26 hhds of all descriptions
on the quantity sold large portion was for Ireland say
no Virginia and Kentucky steamed and no leaf 80
Virginia s,emmea for Scotland $50 nearly MI Kentucky
leaf for export and the remaining 33l (3os OF which
were kentucky s,emmed) TO manufacturers The i'm
port during the month sos bids chiefly from New
Orleans. The demand was tolersby good throughout
and previous rates msinsinsd with steady market AZ
the close The stock hand wss 1880 hid, sssips:
/ II 80 Las, year.