New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-01-27
FOREIGN MARKETS.

ty' The following Circular from Brown, Shipley
& Co received in this city by the Hbernis
LIVERPOOL 4th Jan lS47.
In this should anticipate the advces by
the intermediate sailing packets have 10 advise the
very important farther advance of about penny per
pound Cotton since the departure of the steamer OF
the 18th ult The speculative excitement has been great
and during the month about 100000 bales have changed
hands of which about 100000 bales have been bought
on speculation The business in the last three days
is estimated AZ "a 900 bales. of which the cpnsum.
ers have only taken about 5000 the chief operations
continuing 10 be the part spectators Fair pand
is quoted at IT, fair Mobile a. and fair Orleans I'D
per ID which about Sd above the rates OF this period
year ago The fresh impulse to the market has arisen
partly from the later and more reliable accounts OF the
deficiency in the forthcoming American crop but more
from the public attention having become more pontedy
directed 10 that fact and the reduction of the stock in
the Kingdom OF more than one half during the past year
On the other hand the rapid advance without equiv
aent improvement in the value OF manufactured goods
and yarns has placed the spinner and manufacturer IN
position of great embarrassment with accumulatiDg
stocks which cannot AZ present be realized except AT
serious sacrifice and the prospect OF Improvement ex
ceedngly discouragng resting almost solely on the di
minshed supply OF the raw material The high prices
of provisions together with the difficulties In monetary
affairs throughout the Continental markets, Ia likely
greatly curts the export OF goods Mt advanced prices
and the must lessen the home consumption
This already led short time working in the cotton
mills to extent which has already AZ Is estimated
reduced the consumption COCO bales per week and this
system is on the increase. On the whole the position
OF the Cotton trade Is very similar 10 what was at the
commencement oil the disastrous lOUOn year oi i'J'.
! We annex the usual annual tables OF the import OF
Cotton into Great Britain the past year with the srks
remaining In the ports on the 3lst ult conrased win
the preceding years from which II VIII be seen that
the supply the past year 10 6l333O bales ess than IN
s45 and that the decrease In the stocks In the ports
amount 509430 bales The quantity exported during
the past year $4,000 bales and the quantity taken
from the ports for the consumption OF the country has
been bales which last ii goo bales less than
taken in the previous year. 1t is assumed that
the spnners hold less stock than at this period last
year but after making all reasonable calculations on
this II quite manifest that the Increase OF the
consumption 10 not equal to what had been generally
/ calculated on
supplies OF Corn particularly In Ireland together with
the rise in prices the Continent have caused FAR
Their important advance in Grain and Flour as will be-
seen by quotations at foot In the last lew days
large transactions have taken place In Western Canal
Flour at 37s 3D. and ultimately at 39s per bbl 10
bond which last several thousand bbs have changed
| hands and II Ia the established price indeed
while writing this find that 5000 bbs have changed
hands this afternoon the advanced price OF 4Os DBL
in bond The article Of Indian Corn having become one
of extensive consumption in ireland has advanced 10
Sos TOs per or OF 40 lbs and the demand has been
such as 10 take of nearly all that has hitherto been i'm
ported fast it arrived II had been as high as 72
but there has been rather pause the last day or TWO
and 6ss Is the top price probably u begins to be
discovered that has been up beyond It's relative or
Intrinsic value The Yellow Corn now obtains pref
| srence over the White. The circumstances attending
The present position of the markets for Breadsts are
| az 10 their future course.
No transactions have taken place In Turpentine for
several week. and the last sales were a, IS "a per
cwt parcel Of 300 bbls offered by auction, lew Gays
ago was withdrawn for want Of buyers Inc hignes.
bid IS Id per cwt for part This stock 10 tns Po.
IS light only about 1000 bois or sDou. ~ Posn
interfere with the trade Of the dstilers mere h"h
| 2s lod 81 per cwt a., ,,.ua
| 7id Tennessee and Alabama 81 I'd, Sea Island ~
I'D per 10. Fl0urIn bond 81 5ss, sour IN pong %
33s sweet duty paid 40 fs per Dbl HM-i ~ oo sa.
gs sd los Cd per 10 lbs Indian C0rS--free ~ oss
| Der quarter indian Corn Meal y Ds per boi lur
pentne - I'd - Id per cwt
Yours, respectfully, o,
PR Hi51aia BROWN SIMPLIFY & co.
Corn-The Grain trade has been in animated and
sometimes excited position since the sailing Of the
| steamship Cambria the 4th inst Prices have also
advanced considerably beyond our quotations on tnat
day During the first week OF December the business
transacted In Wheat and Flour was limited at the same
time factors manifested desire % press sales 90 that
our former quotations were fully supported Flour o.
80 maintained It's value, and for al sorts the lemand
was email The market from the IN TO the l4tn inst
became more animated. English Wheat was purchased
with freedom on the 9th On the 18th the disposition 10
get into stack became evident and factors sue
ceeded placing the little they had 70 sell at an advance
OF IL TO p per Or and subsequently iartner se er
| or At the close of the week bonded Wheat metz re-
vved inquiry for shipment TO France. Flour has also
been, up TO the 18th inimproyed demand Atne mar
the rates curren. on the It'll bonded Wheat was IKE
wise held far more money. There 10 stll good de
mand for Indian Corn, bur the stock on hand being ex
| tremely limited. few transactions are reported
On the 10th Wheat met brisk demand and rose 20
per or Beans and Peas also brought improved rates .
and Flour held in steady request farther rise Of
IL to 2s per or took place In Wheat on the Ism and
there was more inquiry 70, Beans and Peas a, an sd'
vance Of ls per Or During the week ending Dec smoef
g. the prices OF Wheat and Flour attained farther I'd
vance and mos, Of the upples brought FORWARD were
readily cleared of The rise established on Flour du.
ring the preceding weeks has been unwnnsy paid
By bakers and since the top price has reached oes Per
sack the sale has been far ess extensive than formerly
In the course Of the week ending December e noatng
cargoes of indian Corn much sought Tor on risn
account and the bargains closed were a. terms fuly
equal 70 those Il which sales made In the begin
ming Of the same week The business done the 18th
ult was TO good extent and prices OF Wheat rose - 70
30 the currency Of that day weex r,our wa Hso e
per sack and foreign Is % per Dbl Higher prices Tor
both these articles were obtained At the marls. hsid %
the 3Oh ut and inst From present there
h Certainly ltte prospect Of prices iosins for tne
the high azure Al which they are now quoted
Terspsaa Tinss