The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-05-29

Increased demand having taken OF al tht cotton pre,s
ing upon the market rmer tone eviDced, and
ther better prices obtained by sellers Yesterday the
demand being again very arg-, and the quantity OF COT
son enerng materially reduced prices recovered about
one-fouTth TO three-cighths OF penny Der ID from
the extreme point Of depression and as the same
steady feeling was manifested to-day, We can only
quote general declineof one-fourth OF a peunV
per Id. in American and Surat and one-egh,h
90 one-fourth OF penny In Brazil and Egyptian rora
the rates of this day week The total OF the week
$3.50 bales Of which spectators have taken s..
American ls20 surat 900 Maranham, and 20 Egyptian
thus leaving $500 bales all kinds TO the trade The
authorized quotations to-day for fair Bowels sgd
Mobile. ed Orleans 6Ssd The sales to-day 5000
laes-20Oo on ecalaton and for elport-the market
closed rather taner.
We have already stated that the effects Of the de-
pressed Of the Liverpool cotton market were felt
throughout the uring districts so far was this
sympathy manifested in Manchester that the confidence
which last weeks settled reduction of prices had begun
70 create wholly gave way to feeling Of dsrust and
uncertainty so that on Tuesday the anxiety TO sell
manifested by both spinners and manufact urvrs
whilst the revuson amongst buyers completely paralyed
their action But when, yesterday recovery of i'd
per IL with fair extent OF sales, reported from
hence, the tone Manchester improved also and IL
was then found impracticabc to get either yarns or
goods on as low terms as they easily aud generally
obtaineda at couple Of days previously On comparing
the prices Of Tuesday last with those Of Is December
We md the decline since the latter period TO have been
Cotton. per 10. Yc,DS per lb
Mid Boweds.....sssd c.s warps' best Roch re' :"
Fair. air..................1ssd sos Sd
nds sos H: Water good pr 10 IS 1sGs G,' fru per D'
= eos I'D better quail. quail = -
/" COS Mule, commonad 5Ginch shrtings I'D TO lsd
30-32s Cop Weft ,... .2tsd' 40 i" l5d to lsd
occurred at more favorable uncure for spnners and
manufacturers; who In the aggregate, for time
keeping little raw material on hand have kept down
their stocks to an extremely low amount. Both In
Liverpool and Manchester il is fully believed that the
extreme point Of depression Is past and that business
will now resume its course.
The present series Of colonial wool sales commenced
in London yesterday. and attended by large
number Of buyers The biddings were carried on with
much spirit the average reduction from former prices
being not than Id per 10 The proportion OF
foreign buyers not 20 large former
sons and the general character of the sales therefore
furnishes avery favorable Indication of manufac
turing prospects
In our market, for North American produce. We
note that for both pot and pearl ashes heemaud
nues very mode rate but for the few parcels disposed Of
2os O1 10 2Ss I'd. have been realized Querctron bark
In consequence Of arrivals has been rather depressed
and TO effect sales from the quay lower prices have been
submitted TO- good inquiry has been experienced for
lard and a the receipts still continue light the ad-
vanced rates q last week have been maintained Taow
Is offered freely and i again rather lower 150 terces
New Orleans sold at Sos t. &c. Sd and 200 hhI Butch
ers' Aaocistion1 at 3,s Cd No change in beeswax
sperm and lard oils and off readily at
1s to is5 for the former aud f4o TO ca for the latter
OF whale small lots only reported rs los Tur-
pentine Is plentiful and easier to buy 200 bbl.
selling at s Id for good quality from the ships side
Spirits are much wanted. No Gales Of tar OF rosin
1UOo bbs have been taken at - to IA Cd 10 quality
but chiefly Of the former description oil cakes dull
and sales limited 10 small lots o thick aud thin at
10 - to t6 los Rice quiet only 50 erces finding buy
cr at los 10 lss Cd For seeds the over
and prices, Therefore, mus; be considered quite
minaL
The market iron 4 Hat but there seems no proba
bity Of any material alteration prices The stafford
shire ironnasters toerably we employed Wales
there are considerable orders for rai In Scotland the
demand for bar and plate iron both for home and
expectation Is large Scotch pig iron depressed Ow
ing 10 the excessive make and absence of spec ulaon
mixed numbers can now be purchased at 40s per ton
net cash, In Glasgow Weh bar iron l. also deprcssed
quotations in Iiverpoo-scotch pig No l. f2 Sc; mer
chant bar Is =. I'd Stafford nail rods Is LIS hoops
10 fSs. sheets e. fns
In the English stock Dsrlet the variation Of prices
throughout the present hiss not been extensive as
during the previous week on saturday consols at the
opening quoted 81 to quarter money while at
money and account On Monday the chief business was
in preparation for the next days and bar
gains were carried over to the new account Of the
10th june, ~ one-pighth 70 3-16ths being from
~ The settlement, the fluctuations we're limited
TO three-quariers rer cent and although the go-
rernment broker purchased Consols. which were at
enc tine dealt in at o. there few other nyesters
and ~ the close they rallied nearly 10 their opening price
On Wednesday the English funds generally were dull
but no alteration took place In prices there was slight
demand Tor money required for settlements in the pro.
,ineia produce markets and In the London share
ket which had the effect of depressing Excholuer bills
which Teceded ~ low i6- to 49, premium Yester.
day when II wa known that the bank lad ra-d the
nate of discount Conscs declined the following being
the tfbcial t a. the rlosr :-Con-s money, g-if "a
p1A ~ Bank sttck 10, I'll, Ex chs~luer Bslls l. and
3. sas aps To-day thc market has been steady; Con-
sols were done al y for June and 9- = for money.
The following table viii show the nuctuation IN Con-
MVgk