The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-18
ferofn .ha Liverpool Albon nec
III. I.ulaxl 4 ON uIS rei.l Int Iilss ncr.

l.
IN. Latest ConIi,s rcisl InteIii;s nee.
The NEST s.'isif feature that hes exhibited iseif
during The pas. ss ~ e prs
cotton the two markets which exercise the most I'M
por'snt influence on the prosperity OF the couI try
n regard to the supplies o: all kinds OF gram
having been light during the week. in part owing 10 the
prevalence Of eaery WINDS and purchasers for ireland
operating pretty RELY wheat has advanced ID TO so
per 7Olbs and Indian corn to 6as per quarter; most
exorbant price, and entirely occasioned by the temper
ay of this article. II is assumed In Brunswick
street the sales made to Irish dealers immediate
ly into consumption, while others believe, that they
Of the warehouses in Liverpool large number of mid
die men, having all at once sprung into existence IN the
Irish towns in consequence Of the corn excnemen;
There parties, who believe that many OF
the purchases nominay for Ireland account Of
specuators and still remain this lie Of the channel
They who most experienced in the Liverpool corn
trade have the least confidence 10 present prices being
maintained for any length of time.
the middle Of last month by Ice have again become
opened The navigation of the Neva up to St Peters
and that Of the Elbe, to Hsmburgh This will have
the effect of increasing our supplies Of corn from the
The cotton market has taken considerable start this
week. less than 5000 bales having changed hands,
which is nearly equal to o. the present Stock
of the yield Of the present crop Of the United
States large business naturally increased the de-
holders and prices have advanced one farhing
description Spectators have taken Of the above
80 $40 bales a quantity somewhat above their con.
sumption. which gives evidence of their very reduced
stocks. As powerful struggle has been going on for
the latter having gained the upper hand would be
hard to begrudge them their position stu
apprehension the present excitement as they consider
that further rise in the raw material would be q
national calamity and nfict an injury on the working
population. We cannot however, exonersts spinneEs
from having played foolish game for, IT, instead Of
their working power. they had locked up portion il
stocking themselves with the raw article, they would
Ss Of a sma viii The victims
own imprudence. Great prosperity in any branch Of
trade or later brings about fearful rcaation and
the rule Another serious evil at present before us is
that the cotton trade between this port and the Uned
the augmentation Of prices in America and, as do
not present possess than four months consump-
ward out Of the present American CROP will give to the
United States twice the advantage to be obtained by the
We are happy 10 observe that trade has been better
Manchester during this week than the last The &C..
counts from india and China that have come to hand du
features in those markets, is the primary cause The
prospects Of early revival of trade in the wooen dis
We learn to-day, from Malta, that the commissary
there had purchasing maize and other grain
The letter. By the steamship Britannia, which
duced estimates Of the cotton Crop Those which the
creates. reliance s placed point TO figure between
l,9O
arrived at New York on the morning Of the 10th ulmo,
but the progress she had made when last spoken
would in all probability, reach her destination the
evening of that day.
laon Of the Bank of England gazetted yesterday with
that Of the corresponding period Of last year =
Note. issued M.s 81 s sss N's g. as 81
Seven dsy and other bills =. ... ss2,s55 i,ol5 50
B B:sst: :: ss:: j. til. sss:.. depart s'' 7''
ment... ......"... ....... esa9,1o 3sss,saa
Total tsi az amount S Of specie held IN both
Tie above exhibits decrease in the present circua.
ton of E966 1884, and increase in the bullion Of Eli
I'll ,2s4. In comparing the present with last week
of E3ls 24 and increase in the bullion of f84 $780,
The steam ship Cambria which left yesterday for Bos-
ton took out about f26 600 specie Other shipments
of gold have also been made to the States during the
week but the aggregate amount exported is not equal
to that OF the bullion imported into Liverpool IN the same
period.
Monday. 80. =. s52l to s5h Th9nday... .s3H tos5M
Ts.;dsy ssS ,Os, s,id,y; ~ TO 81 81
| LrvERPooL CorroN MARKET, Saturday, Dec s. ? NJ
Cotton has, hr oughou this week. been in unuually ex
ensve from specuators and the trade have also
pied and closes with buoyancy at advance Of Nd to
I'd per ID advance last weeks quotations Of Ameri-
can Egyptian is in general demand, advance Of
IA per To- In Brazil large business has been done n
per h.; Bahia and Pernam are also in request at full
prices In surat some very extensive purchases have
been mads speculation, and large business done by
the trade at an advance Of fully I'd per ID. Tho sales Of
the week amount 70 020 bales, including specula.
ton "a 900 American, ZOO Egg ptian 300 Maranham,
and $40 surat; and for export $50 American. ITO
bales American and 100 Brazil were forwarded into the
| country unsold last week.
| SALES THIS WEEK.