The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-03-18

Brazis dull Of SALE but supyvttng last wesks prices
Egyptian cotton r. freely ohsfed for sale aud there y
bodess ano sheS wishes 70 re,ze.se tendoacy beng
IN favor Of buJe rB
$500 american are reportea % have been taken on
epeculstos $50 American. z0o0 surat, 30 Egyptian.
and 10 Bahia for expo-so that the deliveries 20 the
trade for the week have been about &C. 500 bales.
The business Is 70 day estmatsd 1T 5000 baes-l 900
being on speculation and for export
JOHN L. BowBs AND BROTHERS. CIRCULAR.
lxvEtPs,oL, Mt~oh z. 1851.
continuance OF uneavosa able political and commercial
news from the United states, combined ~ilh the eccs
or our deficient gram harvest nave thrown daine6s
trade here. By privsse contract consumers pur
ments aud he Z. serI tenasaoy OF prices in France,
Belgium and Germany Get ss 10 Eng aud In
rule press sales and IN osc.p EQUAL osos where baSsrs
have take the inssttvs former prcss paid Pub
lie sales OF Al GEO bale. Ausrsaa and 10 600 bales Clpe
Of home and continental buyers; competition
and occasionally duh prices TO per cent
and hand washed q c., partially securely have suffered
most Some parces Of second class unwashed Cape have
been made for United States account ia,
DU FAY AND CO.'S TRADE REPORT,
MAscIfssTeR, March 1, 1851.
Before enumeratng the Causes which have acted IN
favorably upon market, beg 10 lay before our
friends statement tho textile fabrics during
he past year compared with 1858 and 1859, showing
upSs Gs ee ~ Ssar.S O.
ana 10 Yarns amounting " LOB .30i pounds weight,
70 f4OO 600 declared value. Notwithstanding the
large decrease IN shipments 70 the East indies,
the total exports Of the past were 10 excess OF
he preceding one, nearly ali other markets having
aiken MORE with the exception VI Mexico and Austria
liza which show falling on, Amounting TO the former
country TO nearly million OF yads Of cotton goods,
aud 70 Australia nearly te0 milton yards The total Of
exports from the Ubted Kingdom during the past year
amount TO fi3S ,8a2 817 declared value; whe the i'm
ports for the months eDoing 30tn November
f144 S67 07S the tter exceed the former on the On
tire ears Leaily twenty mions pounds, while 9e nave
exported IN gold aud silver f2 656,b 72 moro than 30
have imported IN 1850 10 tn ee VINO OBJECT to these ng
showing that the balance OF trade s M gey against
the gIoSnd tDat 0kiand sentres tho rans trade
Of Osher countries, We wound state the PLAIN fact as
given by our !ricn'8 Mcesrs. stoitctf,ht, son u
Co In their recent circu ar that tho mp0rtations or
gour ana brcsnstutis during tue tive months from
tho Let q september u 1st ii February amount
ed TO about sl,a,en mil,on ivres sterling In value
Nothing could prove csry toat tho ia this
country has been greay oenc.nt and tho estimate We
stated aonual riC OF che loss which
cfued 10 this countr, from MS cifcums alone
BY no means oxagge atol ono instead OF handing
to the lcultfa Itsfest lions o pou0ds 70 be
spent In The country unc IN art upoa articles Of clothing
the country 10 dfaned 81 It's p ec0ue tails IT time
whtn Ioiitsed. naorne in the United States mot ony check
eaJsr1s tat Moneys and arrangements of
rade In other quarters 400 70 this the overtraiing to
Inc and almost Total SUSPENSE OF owing
rept atcd failures o tbe crops IN that Country, and
lastly the difficulties Gated In tho Levaut trade caused
parity b. political and dnlncia dls Dances,
leading TO numerous mercantie failures amongst firms
engaged In trade the oslfaton OF trad. la
boring under ust now IL iuy explained as We'll as the
necessit, ing for time 70 unusually high
>
country.
IL il fortunate circumstance that the stocks of textile
fabrics which accommodating In the ,uaactur.
ing districts bave been susil at the beaaniog Of the
year. III circumstance enabled toe producers main
tam prices much pe'ter tIan would otherwise have been
the case Indted many articles held comparatively
high deriDg the high rate of discounts
and general dcrangemeLt OF trace.
The course the material has taken has disappointed
many who specuiated rise, In consequences OF the
dsturbso state OF America and tho officially Of bringing
abrttq tha dq
msDd and for the preeeat rces are not key to expa
renee RIO bot on the c~ntary tosympa,hze with the
Arabia do not to have boon considered favorable
holders fhe op stl estimated -four millions OF
bals 1t be cnfe~sea that thus far 1854 does
ID out much promise Of good 10 the mercantile commu
Ii,y II opened with apprenensions about war and with
money at ELK per cent on the 7tn Of January the rate OF
discount raised 10 per cent 14h OF last
mouth TO eight cent, where 10 remains present.
Ibe import Eade hars equally with that of export the
dsav backs not 10 SAY gnom M present circumstances,
nor ave there any prospects OF an immediate favorable
change.
O1 transatlantic brethren are not content avitn bing;no
distress and arrangement upon Ercdn traders by their
iat qlarra bur must add the atsmf< 10 tariff
frhteh is set opruAitmy, and thus stsa the doT to future
cal Lonsacftns. should th,s untortu
lately pas, into law, republic Will longer held
up as an example Of wise government. Severe the
which this country has TO contend with, will
overcome comparatively vel, II peace be preserved,
and fancy eight per Cent dis cunt may equally pre-
vent as IL does speculation.
The Manufacturing inter cat OF the country IL no doubt
unering, and likely To suffer still more, owing TO the
necessity Of greatly reducing the productions textile
abrics which exceeds wants. but most Of
producers have done well during the last year two
hey better afford m0mentsry tn an former
y. Never before stocks (speaking Ia general
crms) smaller than at the begnnioe Of the year. al
though tho, may have accumulated inconveuiently by
this time, the fa In prices suoh appre
heLei,Ie rum Consumption Is going on, at least
some extent, and In little while buyers viii again ap
pear In the market must not no overlooked tho
p'eeeDt rate Of discount puts almost stop the
legitimate export business-namely that Of yarns TO
the neighbours States.
The nigh discount acts bar to business in
oil or ectiens purchases have been exceedingly small
and 1T variable p ices. Inoian and CHINA 4ths snrt
Dgs have been depi essed, will be by refer
rug to our comparative statement. Many orders for
f0n goys h0pi bses connermaRred ty the Amesic1ns
tho hand locm oady of for work just no.
and that cass Of work peope suffering severely for
the homo trace aith ugh rather better than was does
Dot al presen afford employ meot Tor them No likes
70 hold stock when the monthly enhanced by OK.
rbiant nts est; people rather pay the first slight ad
than take advantage Of offers made, howover
axxf in