The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-03-23

Our market still continues upfavoraby affected BY
the dimDution Of bullion in the Bank OF England,
which has been going for two months past and the
consequent raising Of tie rate Of interest from per cent
to It's present rate per cent Transact have been
restricted in the commercial and stock markets The
demand for gold for the continent is very small
Shipments Of gold to Australia stl continue. but In
diminished amounts. Large amounts expected from
aa and considerable from the United States
If these things should there would be increasing
activity in markets The United States government
and State stocks have maintained their price we'll Ameri
railroad securities have been lower and transactions
ima but there is little better feeling which will
be sustained II shipments Of gold shall e-commence
from the United States Cotton is less active Attention
is again turned to the increased stock and fears
tertaned that the manufacturers will not be able to find
outlets for SO large quantity The wheat, flour and
corn markets are hardly so good rs they have been.
Scotch pig iron has within six weeks been as high
,5s receded 10 52s Cd again reached 5ss and Is to-
day again oppressed TO 52s Cd. Rails continue drm at
IS 5s to IS 15s particularly for immediate delivery
The English production Of rails for this year is Tons
r, eompuiea ose ooo
Ire continental ao,voo
Total. ss5 900
Tie United States looked 10 the principal
OF demand to sustain the present rnes The manufac
turcrs expect that higher prices will prevail and
doubt influenced In their opinions by the fact that the
greater cost and diminished supply of labor will greatly
Lcrease the cost Of the production Of iron in this
country.
Copper is a little easier and more freely offered.
Tin maintains its price well.
Lead is getting more abundant at the higher rates.
speter 90.
the large expected supply OF gold is looked upon a.
likely to cause favorable reaction within few weeks.
WRIGHT, GAsBY AND co.'s CIRCULAR.
LIVERPOOL, March s 1853.
COTTON Our market for this sta pie on saturday and
yesterday quiet but steady, with fair amount Of
business doing s the fu prices Of Friday To day since
the steamers arrival there has been strong desire
uanetted 10 cell in few quarters and prices of Ameri-
can descriptions have been cold at decline OF I'd from
the current rates Of Friday and the market closes with
very dull ard gloomy aspect The continued large
ets at the American ports and shipments to this
try, give promise d supply considerably 10 Of
the consumption spnners consequently expect lower
range Of prices aod strictly conne their purchases 70
the supply OF immediate wants.
The sales for the three days are estimated at
Saturday. COCO 1850 1900 500 300 400
f hsas.s 500 sSss 90 100 &c
sli,. Kiad1iag. orai~ary.
New oreans.... 0%d. shd atHd. 4hd a Sd.
n .'as,,s ;s1 s7iSs ss = as
The Manchester marLet is reported duh and declin
inc since receipt of tie steamers news.
The arrivals OF grain have been aree and fridays
rates maintained. Wheat slowly at ii. per
70 lbs decline and flour Is offered freely at Cd Cd per
barrel lower. Indian corn unchanged
BROWN, smIPLEY AND co.'s CIRCULAR.
LIVERPOOL March 8. 1853.
The accounts Of the Niagara, received this afternoon
have put stop to business in cotton, and pces
become unseted the saes for the day being bales
Quotations are almost nominal and holders in all pro-
babiity win have to submit to decline Of fully one
eighth of penny per 10
per 10 lbe and in -four Of 3D. 3d. per Dbl Indian corn
In limited demand at the above rates.
NIX. JAMES MHESRy's CIRCULAR.
LIVERPOOL, March 8, 1853
PPovIs7oye -Bscon, II here would find ready SALE
Cheese keeps brisk Beef and pork arrive freely and
dealers hold or the transactions for days have
LARD has receded considerably 52s. Cd, having been
accepted fcy best quality.