The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-05-20
SUNDAY MORNING, MAY 90, 1e49.
has been paralyxed and peesar dropping confidence
being generally shaken by the uncertainty Of political


has been psrayxed and preesare drooping commence
peing gsneraAy AnSken by the uncertainty On PoticaA
affairs
1t Is quite true that our trade with the north OF
very htte pront at any time left for wages In the
country but they afford, nevertheless employment to
many thousand hands The quantity annually ex.
oited 10 tnat quarter Russia included exceeds OF
millions OF IDS weight and consists generally OF good
qualities Even partial stoppage Of so large trade
serious matter TO those Immediately engaged in It,
whilst its influence upon other branches Of commerce
Is not less important Buyers know full well that the
STOCKS thus accumuating In our market must
In many be forced OF at whatever they may
fetch or be employed in the production Of goods for
the thus exercising an equally unavorable
innuen l upon the general market.
a large consumption OF cotton and n comparative
increase In the export Of goods were unfaing symp-
toms OF state OF trade the
ana particularly our spinners would have little cause
to complain Just now; but we know that many pound
weight OF twist and goods Is now exported which
leaves no profit whatever to the but
the contrary, loss which latter, however, is not
greater at present than would be incurred by short
time working; such as we have had in 1916 aud 1877
with high priced cotton The disadvantage OF this
moae .. mas oeen severely lei. oy our manu-
lecturers VINO nave calculated the exact loss in per
Stn.age when uhe shor. t%e WORKING entails upon
given producuon we are thus 10 the cost OF some OF
cur mnlownefs ana capitalists, consuming larger
quantity Ct cotton weekly than in any previous year.
namely from $4,000 to SO 900 bags per week. Scotland
included In times like these the work people would
be badly e mad they to share the result Of their labor
nomists have recently proposed and commented upon
The spinners OF the better descriptions of water
twist and mule yarn, suitable for the continent,
badly Off while the of the lighter fabrics
OF goods for India comparatively doing well The
who kept clear of stocks of cotton
have the advantage the decline Of the price the
middpg qualities Of cotton being rather consderable
from the highest point Of this wear say about sd per
ID The irregularity quotations which exists in our
market at present is partially accounted for bv the
less favorable position Of our az
regards the price which they have laid in the raw
material.
Notwithstanding the large consumption of cotton
stated above, the stocks of goods with
few exceptions, have not accumulated to any extent
we find on the contrary that old stocks of 4O-ineh
shirtngs have been removed by consig or pur
chases for China and larger quantities have thus been
disposed Of than recent accounts from that market
seem to warrant 4O.inch shirtings have also been
purchased for printing and dyeng for the home trade
90 and "a reeds have actually been scarce for immed
ate delivery while MANY man seem an xous
to enter into contracts for later delivery as they are
that the present demand is partly owing to the
shipping season for China being more favorable now
In comparing the exuorts at the present time with
the same period it must be borne in mind that
the French revolution paralyzed trade then and that
the same rate of our exports does not exactly show
fay ,rable state Our shipments to India have of late
Der of pieces is therefore not SO good criterion
60 by as the value of the exports in the respect
i've years.
The accounts we have recently received about the
Lcpsc are satisfactory and there is no doubt that
good demand for English twist and goods would have
reached particularly as the stocks of the former are
small If the existing hostilties aid not prevent shin
ments People abroad begin to be tired of political
connections, which interfere with trade and comfort
and they DESTROYS seeing quiet restored at almost
any cost.
MANcHEsTER MARxEr.-Yarns-Thet tons have
been limited some rather large purchases for India
and China excepted very little demand has been
rienced Under these circumstances prices gave way
slighty 4Os mule, quality sold as low a. 7sfd per
h., and eos water suitable for China, at 6lSd TO ED
per Id. At o trife more much better, and, in our
opinion cheaper yarn might be bought at present in
the absence Of the demand for the continent Manuc
tured GoOds-A much larger quantity Of cloth changed
hands during the past month than might have
been expected, with almost unaccountable inacti
witty In the home trade and other unfavorabe crcum-
stances. The low prices brought foreign buyers for
ward and the purchases for India aud China cont-
nued large the wider descriptions of cloth, such 40
and As inch have been comparatively scarce while 98
printers and shirtings more abundant, thus
versng the state Of things which existed in the pre-
vious month Prices somewhat irregular through
out the month, and have endeavored to explain in
some measure the in what have stated above
39inch 52 reed shrtings selling at 5s Cd to 5s Cd
"a do do Is. Cd TOT TX.
and other qualities in proportion The prices OF Mad
dapolams have been rather IRREGULAR in dcscrp-
tions the prices varying much 3D. piece Of AZ
yards they IRE now rather irmer, some large purcha
ses having been made recently The manufacturers OF