New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1847-07-31
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UutniO SWtuf hffOft JT lth INST
When the Britannia sailed the state Of the Conoa mar
ket was very firm. II has since continued 80, aud al
though there has been any excitement during the
week now closed nevertheless sales TO pretty large
extent have been made and our previous quotations are
steadily maintained The sales during the week ending
July T. amount to - 20 bales and include OtdJ on
speculation and $500 for export With respect 10 the
stock OF Cotton At this port we may observe thst com
pared with the period Of 1916 u 81 500 bales
deficient Our imports al this time IN SO amounted 10
7356gl bales this year they are $4,000 showing de-
hcency OF 9O5Ol bales therein.
The average weekly consumption OF Cotton this year
is less than II in 1916 but have good reason 10
expect that should the weather continue 1t has been
favorable for the growing crops and that the ardent
wishes OF all classes Of people should be realized "
fruitful and seRsOna0le harvest the manufacturing ds
icts will be more extensively supplied with orders Tor
home consumption, which will induce holders oil the
raw material 10 raise their present pretensions as 10
prices and the consuming classes 10 pay higher
rates than those now current ibis Will especially DC
the case If the con lectures and rumOrs respecting the
failure in the American Cotton crops turn outeorrect
The great decline in the prices OF COga which we re-
corded In last fully established IN the London
and Liverpool markets At the commencement OF IN e
week but on Wednesday sirighrul storm accompanied
with heavy rain. having swept over the metropOs ana
extending Us effects over most parts OF Inc couny the
downward tendency OF the market was checked, and
indeed a nominal Improvement OF from ls. 10 IS per
quarter took place. Every atmospheric change Il now
watched with deep anxiety. IL the quantity OF rain
which has fallen during those last three days is not IN
creased the effect will be rather favorable than other
wise as the weather between the intervals othe showers
has been tine and sultry. The reports which receive
from ell the markets OF Europe are OF the most proms
ing and favorable character.
The statements also which industriously
spread OF the resppearaDce Of the Potato Disease have
ceased and although some Isolated cases dOuotessy
exist OF partial damage the crop generally throughout
Ireland has Yet been affected and the potatoes which
have been brought 10 maketae represented sound
AMI good quality Portions of the large hset OF vessels
which lately passed the Dardanees. laden with Wheat
for ports in the Mediterranean and Western Europe
arrive and by the last sdyices fewer han
so ships passed the strait In three days 10 load
Wheat the ports OF the Danube and the Black sea
Cured Pr0risi0Hs of al descriptions used 10 mod
crate extent The transactions during the week do not
present any feature Of importance. Both IN Liver
pool and London American Bacon i 10 fair demand At
62s 70 6ss per terce. American Hams Do repuie be
iug much cheaper than Irish II the former cont
nue. 10 come forward many have done for some lime
past 10 good sweet condition they Will certainly meet
ready market az rrmunerstng prices
The Iron market has rallied within the past week but
inasmuch a. the stocks IN the makers hands heavy
DO farther advance has taken place ia prices Holders
OF Tn having accepted lower terms more business has
been done n that article. while Speiter has receded
and likely 10 continue 10 DO In consequence OF the
large arrivals which are known 70 be ~ hand
The demand for Rice continues limited, aud - long As
prices tor Corn have declining tendency the former
will rule l1w 10 value. The stock is now l1JJ last
india and 10000 bags foreign East India larger than
lsst year al this time.