New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1848-03-20

,a.,,a =, .t.nd tho severe ordeal and there Was
ar,hab,itty of Afevivai nf demand Tor cotton snd
,,htf snals a soon as matters became tranquil
aud business recovered the sfral SHOCK given 10 "
by home failures
IN, advice. from India state that tho daiy on
tho exp,ft OF cotton 60 China had been ,skrn oil
rhc cotton ol India will thus be all the better on
sbl,d 10 maintain its ground against tho compoi'
ton OF American produce by which II was serious
Is threatened u be superseded some two OF "'c"
wears ago, when tho prices OF American grown
were So extensively depressed both IN ha'oPoA"
aud the home markets hi. 81,
Complaint. were made that by this abolition o'
dotv f,r,isn that is American. vessels would De
enabled u load In ludia with cotton to the deui
ment of British shipping But Il IS clear ,na' lot
Iodinn which /. or ought 90 be the same as hillsn
i,,,re.t. II i. much more advantageous that Chlna
should be supplied with Indian cotton than WIN
American although one as well as the othet su'u'N
be carried in American bottoms.
Although there has been only slender improve
ment in the general aspect OF commercial hnAits
during the psst two weeks, there H. nevertheless
gradual return Of confidence, arising NANNY from
the abundance Of money and the easy terms on
which il can be obtained. The produce insrhes
are depressed. but holders generally msnnesthfnf
ness and refrsil from pressing large parcei' uPo,
the attention of buyers. In the manufacturing ana
mining paris of the country, affairs continue to pro
gress favorably; both home and foreign orders are
on the increase. We notice much better de
mand for goods suited for manufacturing purposes
The demand for Iron is improved and better prices
are paid. c-,,-...-k,,
Less activity has prevailed in the Cotton hna'He
during the last fortnight than we have had occa-
sion 10 notice in our previous publication and or
prices today exhibit a decline on those last quoted
During the week ending Feb IL the demand nav
ing fallen Off holders Of American, anxious 10 resi
ize acceded 70 decline OF 3D. to a. per 10. Lous
.taped kinds as well as East Indian malntslneG
the nrices we las, quoted. This week the demand
he. bsen exceedingly limited; bat although bold
ers are willing 10 sell, they are steady N MAINTAIN
ng the rates previously current. Among tne
;csuses which have led TO this limited demand Is
the great reluctance on the part OF manufacturers
n nav enhanced rates 10 consequence oil the ex
treme difficulty which they experienced 10 oIspo
sing of their manufactured goods or yarn AZ h'g ei
nrices We would merely observe that TAXING
everything into accountable extent Of the rev
crop stocks now in hand in this country ana the
probable demand not only for home consumption
but also for expectation, there are legitimate rea
sons for considering that the prices winch we tn'
dav quote will be maintained for considerable
time. if not advanced.
The Corn trade has been In dull and inactive
state during the fortnight. The foreign arrivals
continue ~ a very limited scale nevertheless mol
ders ars, not able - improve prices. Flour main
tanned our last quotations. In lodlan Corn tne
transactions were of trhng character AT the
provincial markets held during the week enolns
Feb. 81 business was dull, and prices tehdso
downward At Edinburgh and Glasgow, the trade
was very inactive, and wheat receueo hum -
to Is. Cd per quarter.
Since the 2lst the markets throughout the Onl
ted Kingdom are rather frmeri and, IN lie" ID
stances prices manifest an advancing tendency
# is admitted, however, that the very large guam
tity of foreign Wheat and Flour which hiss been
consumed in this country during the Autumn ano
Winter must have left a larger proportion oil the
last crop in the hands of farmers In this country
than they usually hold at this period.
IL is therefore reasonable 10 infer that unless
encouraged by boisterous and ungeuial westaer
they will, after the sowing season orlng FORWARD
good supplies. At the present time the value Of
the best Western Canal Flour is about 2Is of In
dian Corn. 26s to 3Os American Wheat, sos TO
S. and Canadian, Sos. to 62s. Sd per quarter
It is probable that the duty on the LIST OF March
will be about 5s per quarter The STOCKS oi ioresn
Grain and Flour are thus estimated by a London
Corn house of great responsibility AT ABOUT l4VOVO
barrels Flour aud GA, 600 qrs. Wheat.
The Sugar market has been steady since our
asst notice. aud although holders have not been
able to realize higher prices, still those last quoted
have been pretty well sustained
The demand for Jamaica Co6ee has fallen of, and
during the week ending February ls sales were o.
a trlfling character
Cured PrOU3StOHS, bOth OF nome hu1 IUelhh pro
iuce, fad ready sale and prices both in the Lon
don and LIVERPOOL markets, have rather an advarc
ing tendency notwithstanding the good supplies
which are brought forward
Transactions 10 Narai Stores are to a moderate
axteut The demand for rough Turpentine has
been firm ard higher prices are realized. The sale
IF Rosin is dull, and in the London market Amer
,sn descriptions bring with difficulty IS Oh per
cwt AT Liverpool the business doing in these ar
.icles is not extensive.
The declining state of the Corn market has oPe'
rated against the trade in Rice, the market is
therefore quiet The Iron trade continues TO Inn
prove Welsh Iron and railway bars have been
10 better request, and makers are asking advanced
rates.
Much steadiness prevails in the Timber tradf.
The state OF trade in the manufacturing districts
does not possess any feature of sufficient import
apce which would warrant heightened comment
There has been considerable huctuation IN the
English Funds during the past fortnight. Still the
tendency has been upward.