The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1848-09-05

In relation to the operations in this market. during
the past two weeks Stewards circular Of this date
MY last circular was prepared for the Acadia on
ed ult Tie business the remainder of the week was
daily up to Friday night 25th inst the steady of
prices favoripg buyers Early on Saturday NOR ming
the Continental markets by the Britannia were re-
ceived telegraph and purchases Of 1900 bales
made chiefly for export, without material change In
prices after P M full reports received by the
combined press and the markets at Liverpool aud wet
weather not favoring operations, there was more
business trs nsacted. The letter mail which was re-
ceved on Mondsy being more .s 700 bales
Havre at about eighth cent decline the prices Of
Saturday To induce these operations the freight to
Havre BY the packet of LIST inst offered at quar-
ter Of cent. On Tuesday 2oth the sales were 1000
bales nearly entirely for continental markets. and at
very steady prices. On Wednesday holders : were
1900 bales, freights were generally held sitter On
Thursday the sales fell off to 800 bales, the market
graphed shortly after p. NJ, but her accounts
not received unt7 o'clock too late to affect mar
kets The letters by this conveyance created great
feeling of disappointment with holders, frou the
fine weather which had set In at Liverpool the day of
the departure of the Britannia hopes were generally
entertained that would hear by this steamer Of the
growing harvest being against further less
and the potato disease disappearing as the letters
advise on the contrary that 1t is rapidly spreading
equal that of 40 with its concomtant evils and that
the cut grain had been greatly injured gloomy feel
holders the first of which have had rather hard time
the last twelve months. The tendency Of prices to
settle however arrested by the operations Of buyers
for Havre and of the continental ports who ap
peared early in the field and took 1000 bales-the
freight for Havre by the succeeding packet which
upwards Of 1000 bales Of these purchases were
gagged, being So The general average of prices of
this days business exhibited very steady market,
and on some parcels slightly advanced prices were
paid, particularly upland cotton. On Saturday,
there considerable falling off in the inquiry,
which, as it became perceptble during the morning
had the effect of bringing out for sale addition sup
plies and this days business which closed at about
1000 bales, at easier prices Yesterday the bust
nees closed at about /, 900 bales with firm Market
In my next circular will be able to give the off,
cal figures of the crop which closed the 3st ult
Having always paid great attention to its probable
YIELD and during the growing and picking seasonths
last Of which exercises more important influence
the final result than generally known-referred from
time to time to It's appearance-I again with feelings
Of satisfaction refer you to the estimate Of my rea
BILE correspondents which appeared in my circular OF
31st December 1847, VIA 900 bales-whch In all
probability will again be singulary accurate although
as before, It made when public opinion was CEN
tered crop nearly 100000 bales less deferred
the estimate Of this last crop nearly two months later
than my preceding one, from the conviction that the
unusually hot and dry weather Of September and
October last and the dry picking season which ex-
tended TO nearly the close Of the would exercise
a vast influence on the general result,
The closing quotations In this market as an
nexed-