The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-03-03


LIVERPOOL, February IA, 1851.
On the eve Of the departure OF tho steamer some
tested In our cotton market and the opinion was
pretty extensively entertained that for the present
prices had seen the lowest point The sdvces which
came to hand per the steamship Asia on the 9th nst
not only checked this tendency towards revival of
demand but In duced return Of that depression and
dulness which has more less characterized the
transactions in cotton for many weeks past
Yesterday steadier feeling apparent and specu-
iatoIs took about 600 bales much rregularity has
however existed In prices and the quotations for the
week are reduced abeut I'D per ID. The excess OF
$4,000 bales In the receipts compared with those Of
trade Is confrmatory OF the lager crop estim
The prominent advices of this class again freely
promulgated and although the attempt to substan.
tate the views set forth Is so evidently labored
as to for little worth with the well Informed upon
the subject the ipsciousness and holiness Of the
feItions occasion In many quarters doubt and per-
pexity. misprint OF the figures given in Q circular
from New Orleans, has also unfortunstey given
cosr and character to these extravag statements
which ia vorng the present policy OF the trade con
tribute In no small degree depress the prices Of tho
material. and Is confidence becomes weakened
moot Injurious effect was produced In every branch of
the cotton trade.
Nothing besides the present condition OF the trade
In this staple could more forcbly sho tb
ana value OF accurate infor with regard to the
probable extent OF the supply or press upon any,
used particularly when the magnitude OF the Interests
to be affected considered and especially when
such views stand 80 much opposed to nearly all who
venture an opinion on the topic.
Apart from the influence of these conflicting state
ments only repeat the sentiments on yeyed In
our late sdvces that previous period
sprospect more cheering for sound and extensive
BURNERS. The condition Of the Of tho people in
this country has rarely been equAed Labor Is sbun-
dsnt and food Of all kinde exceedingly cheap. Money
easy OF access, and at moderate rate Many foreign
markets eeem capable OF taking increased supplies of
goods and nowhere does IL appear that the compare
lively high range OF prices has resulted in diminishing
the actual consumption. Buyers OF goods and yarns
in tho Manchester market naturally keep IS
much aleof rs possible but whenever a parcel
considered cheap 10 presented IL meets with ready
purchasers and II Is very evident, that confidence
again restored, an extensive business would b.
ected which would, doubtless reeult in marked i'm.
proyement upon PR sent prices
The sales OF cotton Tor the week ending yesterday,
amounted to "a 700 bales and consisted OF 10 ITO bales
American; i! 20 Brazil $50 EgyP tan, and 1870 gu
rate Of these the trade have taken % 4O
500; and exporerr, 300 The import OF the week is
10 4ts bales Stock Of American cotton now in this
port Is 2b7 500 bales, against 350seO time last
year and OF all kinds, $4,000, agsinet $4,000 Fsir
7hd and middng Orleans, 65.d. to ID. per Id. To-
cay the sales are estimated at 1000 bales at steady
prices and a better feeling
The market for grain AMI -four continues to present
dull and inactive aspect the transactions being only
Tor immediate use ana prices have gsnersly suffered
further decline. American wheat IL quoted Sc. Sd
10 Is I'd per 20 western canal -four 1ss Cd to els
Cd per barrel Indian northern yellow, 29s Cd
to 3cs Cd; white 3ls to az; and southern mixed 29s
to .es Cd per $50 lbs.
Lard has been In good demand, and the stock being
In small compass prices are again higher Good to
hn- com nands AS. to ass Cd. per c.t
Beef and pork are In fair request at former rates
Prime American mess beef, T1s to sos per tierce
prime me" pork, AS. to SOS. per barrel.