The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1853-05-16

LIVERPOOL, May g. 1853.
We have to report steady, quiet cotton market, tt
sales being % 600 bales in the past three working day
with $500 to spectators and exporters at the abo'
quotations.
quarter in Indian corn, ID per bushe in wheat and
per Dbl in -four.
SMITH, KING co.'s CIRCULAR.
SHANGHAI Feb 26, 1858.
We last addressed you on the 2sth uAt detailing
unsatisfactory state Of things at this port shortly aft
counts from the rebel infested districts heavy fall
rain and large importations of silver from Canton led
general improvement within few days before the On
nese year, the consequences OF which were. most
the claims upon foreigners quidated money becam
comparatively easy, and brisk demand existed for gra
enabled to sell their stocks although At loss. and
few failures-none Of which were to any amount-wer
h asn saan ana H.
excitement which exists at Sooshaou has led to furthe
suspension Of business here it is difficult to obtain
forces but It is far from difficult to that the present
state Of import trade Is wholly attributable
to the disturbed state Of the neighbong western pro
ynces It viii be seen that in our last circular we quoted
gold bars ct SOL, at which rate they were difficult Of
sale either to Chinese foreigners; within the last
days they have advanced to the rate Of
this fact accounted for by the eagerness With which
the wealthy natives Of Sooehaou and its neghboring ds
portable metal Since the new year holidays nothing Ia
been done in soocbaou in imports beyond the sale Of
are offered, and there i not the slightest disposition
shown to purchase at our quotations. nor do We thn
there will be, long the route to theyn0rth westsr
provinces is likely to be BY the rebels
while stocks accumuatng and opportunities for bar
terirg against produce daily becoming less as the im
mail have brought several cash purchasers of the latter
articles into the market.
AMERICAN CorToN GooDs.-There have been no import4
since last, and prices must be quoted the same
aossi sc ss,d a'ns y g ysaSs
no stock in rst hands and very lev held BY natives The
large mportations Of last year were freely taken Of Of
seady nd buyers duriDs the present year. confidence
s restored and the communication with the western
and northern provinces is not interrupted BY the insur
gents.
LEAD AND sPnER Are quite nominal at last quo.
tations Say lead IS 30 So So and speer IS per pecu
BLACK TEAs-Upcn receipt Of the oath December m al.
unsod stock consisted Of As chops or say oOc
chests Of Gorgeous nearly all Of which we're eagerly taken
of s from u t. sss for oyes to s1 and i ss os
chops of Mornings At Is II taels per pcul the market
is now nearly bare, and the few chops remaining
to the tea men, will doubtless stimulate the pro-
dustion Of the coming supply very materially.
date Of our last Bav. Since found bayess It
brilliant rates; about 300 packages more expected
, which will doubtless realize equally high prices and
skins is yet on hand and amounts to fully Is 900
packages.
ELK has advanced since our last and may be quoted
$40 higher for tsatees and $40 higher for taysaams
Purchases since last reach fully 600 bales the
export to date hence to Great Britain direct and per
land is 2074 bales We quote-Tsatee, No. !, none;
No. 2, SS70 $500. Common, $3.50 1866. Taysaam, No
!, nonei No 2 $500 $3.50: No. 8. $500 $500. Yueo
Fa, 1850 . $500. Thrown 1856 $780, none.
BuIIIoN-Syce, for dlty, has been high as $13S co.
but may now be quoted at $138 80 per 100 taes Gold
bars $24O per bar Of It's &c., at Soochaou $245 per
bar. Mexican dollars IL per cent discount Chopped
dollars, none.
EXCHANGE has declined since the date Of our postscript
10 last circular and Gales made to small extent
at bs previously to arrival Of December mail when the
rate advanced to 6s I'd We quo Clean credits.
5s documentary bills 5s. Id; bank post bills, 49,
COmn cd lis
2SS per $780, drafts Canton per cent in favor Of
buyers.
FRuGHrs to England have declined, and tonnage Is
sbundant at f3 for tea and f3 los. for silk. To the
United States the rate Is nominay $l2 per forty feet
but there is no vessel taking general freight To Aus
tered at that rate for Geelong.