Below is the OCR text representation for this newspapers page.

TilE CONSTITUTIONALIST. JAMES GARDNER, JR. TER M S . Daily', per annum .. S 3 00 Tri-Weekly, per annum, COO If paid in advance,.- 5 00 Wee ldy, per annum, 3 00 If paid in advanre, 2 50 All new subscriptions musi be paid in advance. ifcr Postage must be paid on all Communications anil Lefers of business. OUR COUNTRY. Our country —bis a glorious land, W ith wide arms stretched Irom shore to shore! The proud Pacific chafes her strand, Mie hears the dark Atlantic roar; Ami nurtured in her ample breast. How many a goodly prospect lies, In nature’s wildest grandeur drest. Enamelled with her 1 vtoiest dyes ! Ilirh prairies deck’d w l flowers of gold, lake sun-lit oceans roii afar. Broad lakes ln-r azure heavens behold. Reflecting clear each trembling star; And mighty rivers, mountain burn. Go sweeping onward dark and deep. Through forests w ie,e tiie boun liit.g lawn. Beneath the sheltering branches leap. •And cradled ’midst her clustering hills, Sweet vales in dream-like beauty hide. Where Jove the air with music fills. And calm content and peace abide. For plenty here its fulness pours In rich profusion o’er the land, And, sent to seize her generous stores,' There prowls no tyrant’s hireling band. Creat God ! ue thank thee for this home— This beauteous hirthiand of the free; Where wanderers from a far may come, And breathe the air of Liberty. Still may flowers, untrammelled ‘-pring. Her harvests wave, her cities rise, And yet till Time shall fold his wing, lirmaia earth’s loveliest paradise. LATER FitO.ll EUROPE. The Br. Steamer Hibernia, Capt. Ryrie from Liverpool, arrived at Boston early on Monday morning last, bringing advices to the 6th inst. The passage of the Hibernia has been, as is stated, a most boisterous one, encountering strong head winds, and excedingly cold weather. Capt. Ryrie states that it is the worst voyage he ever made to this country. The Hibernia left Liverpool at noon on the 5 h, arrived at Halifax on the 22d at 11, A. M., and left again at 4. A. M., on Saturday morning. She brought 108 passengers to Boston, and left nine at Halifax, inciudingthe Lord Bish op of Newfoundland. Among the passengers to Boston, were Lord Elgin, the new Gov ernor General of Canada, his two aides-de camp, and Lord Keaz. The Caledonia steamer, which left Boston cm the 16th and Halifax on the 19th ult., ar rived at Liverpool on the night of the 30th ult. 1 he President's Message to Congress was received at Liverpool on the evening of the 29th ult., by the Ashburton from New-York. It was run up to London by express.and was published there at an early hour’on the 30th. Mr, O Connell is looking feeble, and is e iid to be fast assuming the character of ex treme old age. beveral slight shocks of earthquakes have lately been felt in the neighborhood of Mar seilles. It is said that the Government intends to shorten the term of the soldiers enlistment loten years. 1 lie negotiation fora commercial treaty between Brazil and the Zullverein are staled to have failed. , The intelligence brought by the Hibernia is vitally important in a commercial point of View, and we have given full details of the markets under the proper head. [From IVilbner <$- Smith's European Times, Jan. 4,] COMMERCIAL REVIEW. The month that has elapsed since thesail • Ing of the steam-ship Cambria has been one of the most remarkable ever known in the history of the Cotton trade. On the 4ih ult. we slated that the market was in an excited position, and gave it as our opinion that the advices which the steam-ship’ Britannia had 'brought home a few days before did not war rant the advance which had taken place in the value of the article. The operations during the greater part of December exhibit an unusual amount of speculation; but tie ; most excited time by far was up to the lb h Till. The chief reasons given for such iuj due speculation were the known deficiency i of the new crop in America, the shortness of I the supplies in the shipping ports on the other ! side Oi the Atlantic, and the corresponding I insignificant stock on hand in the United 1 Kingdom. These considerations had been influencing the mind of the trade for some ! months; but it was not until the arrival of the Britannia with adv ; ces from Boston to the i 18th of November, that the workings of a wild imagination on the part of speculators became peculiarly visible. The Britannia ! arrived on the Ist. and the excitement com- 1 menced the following day, and continued up ! fill the 16th, the sales from the Ist to that j dale reaching the enormous number of 250, ! 970 bales. The excitement reached itsclimax on the 14th of December. On that day no i less that 45,000 bales changed hands, of ! which 30,000 were taken by speculators, j With such an excessive demand,, prices at i once rose far beyond tiie calculations of the I most sanguine. Since the 16th the market I has been more quiet, but occasionally specu lators have come forward and augmented the i sales, as well as preserved prices, which as- • sinned a declining tendency, from finding 1 Iheir former level. The business done dur* ing the last fortnight of December amounts to 53,150 bales. The total sales of the month, theretore, amount to upwards of 300,000 bales, and tiieadvance in prices as compared with those quoted on the 4th ultimo, are for bolted Georgia, Id per lb; Mobile Ad.; Alabama and Tennessee Id. to 1 Jd.; New- Orleans, |d. to LL Next in importance to Cotton is the Grain trade. The supplies from the United States have latterly been of a most extensive : character, but stocks being previously re- | duced to a very low amount, the liber il arriv als that took place here seemed to have no effect, and the value of American Wheat, Floor, and Indian Corn, have been gradually rising; so that, comparing*our present with ! the quotations of December 4, we find the rise to be as follow:—Wheat Is. id. per 70ib.: Flour 5-*. 6d. to $». per barrel; Indian Corn 12s. to 14s. per 4801 b., Corn Meal ss. per barrel. Whilst writing, accounts have reached us, staling that, at the market held in London yesterday, a rise oi 3s. to 4s. per qr. in W heat on the rates current on the 2Sth ult. took place. An advance of 3s. to 4s. was offered for Indian Corn forluture ship j ment. W e are not prepared to say whether j present prices can, or wiil be maintained. — | The supplies to equal the demand which will j prevail for s :nie months must be enormous. We altogether depend for these from Ame rica. la fact, if Ireland continues in such a state of famine, we need not fear low prices, but on tiie contrary, expect higher rates. The condition of Ireland continues to be the absorbing object of attention. Day after day the distress continues to increase, and famine is doing the work of death in various i parts of the country. Immense numbers of poor LaJf-starved creatures find their way across the channel; and beg and exist us best as they can, by appeals to the feelings of the inhabitants in the great towns of Eng land. The distress is so overwhelming, that the Iri.-h landlords iiavo become alarmed for the safety ol their estates, and are combining to devise measures to arrest the ruin which seems to be impending over their heads. The misery in Ireland is so appaling, that it lias touched the hearts of the much abused Saxons, who have been generously getting | up subscriptions in their various places of worship to relieve it. Much money has been ihus collected, and sent to the scenes of dis tress. Some idea of the state of society across the channel may be inferred from the fact, that in tiie county Mayo alone, no less than thirty-two deaths are alleged to have ta ken place form starvation! ; Another Overland Mail. —Since the news from India and China, in another part I of our paper was set up, an extraordinary ex | press via Trieste,Lt. Waghorn’s route, in an j ticipation of the December Indian mails, I reached London on the 2d inst. The latest j dates are, Calcutta, November 22, and Bom i bay, December 2. The fortnight, prior to the despatch of the express had proved rather ■ barren ot intelligence. Tiie insurrection in Cashmere was over. The Mooltan misun derstandings seemed fully arranged. The Steam Ship Great Britain — A re port from Mr. Brunei), the Engineer, by the Directors of the Great Western Stean Ship Company, on the subject of floating off the Great Britain, lias just been published. Af ter observing that lie had found the Great | Britain less damaged than he had expected, I Mr. Brunei! stales that it is utterly impossi ■ b'e the requisite means fur floating her in less ; than three months. Loss of Weight on Cotton. —The Arne | rican Chamber of Commerce of Liverpool has adopted the following resolution:—“Com plaints having been made of the fre quent loss of weight on Cotton imported from the United States, and it having been repre i senlcd that in many instances tin’s loss arises from invoicing Cotton at the weights ascer i ta.incd when it is first received from the planter, without having it re-weighed on ship ment or delivery, it was resolved, that with the view to remedy this evil, it be recom mended to persons importing Cotton, that in ail cases they should instruct their agents abroad to have the Colton re-weighed on de livery.” STATE OF TRADE IN THE MANUFAC XG DIS'TS. Leeds —On Saturday there was one of the best markets we have had fora longtime, but only for low goods, such as blues and common wool dyed black suitable for the I American market, and which have been I dead stock in the manufacturer’s hand since the agitation of the tariff, in the United States, last year. One highly respectable I house here have availed themselves of the ; very low prices, and have bought largely. In | goods of amy other description there was little done either on Saturday or Tuesday. Prices are pretty steady. As usual at this I season, there is little doing in the warehouses people being engaged in taking stock. Bradford.— There still continues a slack i demand for fine combing wool. For the i coarse sorts there is a better demand on the whole. Prices are stationary. Clothing I wools are in better request, and fetch belter prices. We can report no alterations in yarns. The production is circumscribed to the lowest point. There has daring tiie week been a very great number of piece goods sold fur the American market, and some fur Russia, but we are sorry, though great lots of prices have moved, that there is no im provement to speak of in prices, i Halifax —The town has been extrem’y busy with holiday folk:; hit' as usual for this season, scarcely the shadow of a market for our staple commodities. Prices are sta ted stationary and firm. I Manchester. — We have to state again 1 that the cloth market is so unsteady in prices as to make it quite impossible to quote the value of any descripth iof goods. The very great uncertainty as to how the present spec ulation will terminate has completely cut off ail speculative inquiries tor both goods and yarns, and the year 1846 has closed with ex tremely painful prospects. [From the Savannah Republican.] Tue Compromise. The following is the Report of the Committee of Conferrcnce, adopted unan imously by the Representatives of the se veral Rail-Road Companies assembled at Macon, on Saturday' last. The Com mittee which reported the plan, consisted of—John P. King, Ga. R. R. & Dkg. i Com.; C. J. McDonald. Macon & West- ! ern, R. R. Corn.; Edwd, PadeHord, I Central R. R. & Dkg. Com.; John G. I Winter, Muscogee R. R. Company. REPORT. The several Committees appointed by the several Rail Road companies afore said, for the purpose of conferring togeth. j cron matters of interest connected with i the said companies, and to report the re sult of such conferrcnce to the Directors of those companies, submit the follow, ing— That it is greatly to the interest of said companies, that a Rail Road be construct- | ed from some point on the Macon and j Werlern Rail Roadtothecity ofColutnbus. | That the said Rail-Road should be con structed under such an understanding and arrangement amongst the several companies as aforesaid, that no one ot said companies shall acquire advantage over any other in the transportation of freight and passengers. That this end may be accomplished, it is recommended that the said companies respectively agree that the said Road be eo laid out that it shall diverge at the j most practicable point about Barnesville, 1 to pas* the Pine Mountain — and that the i Macon and Western Rail-Road Company shall construct that pan of said Road which lies east of high water mark on . the western bank of Flint river, and that the Muscogee Rail-Road Cnmpanv shall - j construct the balance of said Road. I The Macon and Western Rail-Road ■ | Company to carry freight and passengers ■ over each end of its road front the point , . | of junction, on terms of perfect equality r I it regard to rates, speed and nccomoda | tion to the Georgia and Central Road— ; ! regulating the charges by the distance. The said companies agree that they I will not, nor will either of them, apply ’ for a charter fur a Rail Road, or aid or j countenance the construction of any ! Rail-Road in or out of the Slate of Geor j ' gia, which shall or can interfere with the . | Road from the Macon and Western Rail i Road to Columbus, or to construct or aid * j in the construction of any Road which ! ; can give tooneot the existing Roads any ’ greater advantage over the oilier, for the 1 business which shall pass over said Road, t than it now possesses, without the consent i of all the companies concerned; and upon r the acceptance of these or oilier terms of r compromise, any of said companies hav -1 mg a charter for a Road, the coustruc ’ j lion of which can interfere with the pro ' fits of the Muscogee Rail-Roari, sliull sur , 1 render the same. The Macon and Western Rail Road Company will use al! reasonable efforts ■ i to forward the travel which shall be | brought to said Road by the Georgia and ' ! Central Roads. This Report is recommended by the I Joint Committee from the said several Rail-Road Companies to the several Boards of Directors for their adoption. (Signed.) JOHN G. WINTER, Chairman. The following amendment to the report i O 1 was adopted: ’ This Committee recommend to the several Companies the promptest possible action upon the terms of compromise 1 herein recommended; and upon their ad- | i option, that a copy of the same, with the | , I Resolution of adoption, under the hands ; ’ 1 of the proper officers and the corporate ' ' j seal of each company, be transmitted to I each of the other companies concerned. The Report, as amended, was then unanimously adopted. On motion of Mr. Tyler, President of the Macon and Wes ■ tern Company, it was Resolved, That a consolidation of the i Stocks of the different Rail Road Com- | ! panics in the State of Georgia would he i j for the interest of the Stockholders, and 1 j would add to the efficiency of the Rail- i ‘ Road system, and insure the completion j ; of a system of Roads which will even- | j tually accommodate the entire State of ; Georgia; but, in view of the difficulties of carrying this measure into effect, it is recommended to the different Companies to agiee upon a common rate of freight, and to take such measures as may biing | companies into harmonious action, and prrpirethe way lor a consolidation at a proper period. The following gentlemen were present at the meeting, viz: j FromCential R. R. &. Bk’g. Company ; —Senator Grantland, L. O. Reynolds, j Edwd. Padelford, Robt. Collins, Win. B. I Johnston. From Georgia R. R. 6c Bk’g Company j —John P. King, Adam Saffjld, J. Edgar | Thompson. From Macon & Wes’n R. R. Company —Daniel Tyler, C.J McDonald, Charles I Day, Andrew Low, Jr., A. Boody, Isaac | Scott. From Muscogee R. Road Company— i John G. Winter, Philip T. Schley, James I M. Chambers. 1 From Girard Rail-Road Company—A. Abercrombie, Robert L. Hardeway. [ Fre77t the N. O. Evening Murcnry , 25 th inst.] luom SSrazuM Hnutrugo. 'Fhe mail of the U. S. steamer Edith, j at the South-West Puss, having been i brought up last night by the Sultana, we { have received a copy of (ho Matarnoros ; Flag of the 13ih inst. Information had bate, received there of the affair in whsch | the rearguard of Col. May was cut off. ; The version of the affair as published in i the Flag, is that besides the eleven men, I a Lieutenant and Sergeant commanding I the guard were cut off with the men. The Flag publishes a correspondence j which took place on the 4th and sth inst. j between A. Menchaca, the Ayuntamiento of Matarnoros, and Col, Clarke, the i military commandant, the former com. j plaining of excesses committed by the j volunteers, and the latter promising to do i all in his power to prevent them. At the | same time he observes; “It is unfortunate that two recent at ! tempts upon the lives of volunteers should ■ have been made. In one instance there j 1 was no provocation whatever, and, in the | other, the attempt was net justifiable in I the circumstances of the case. You will readily admit that such cases are calcu | lated to sour the minds of the troops, and | so render the task of controlling them , more difficult.” Col. Curtis’ regiment of Ohio volun teers were the only troops remaining at Matarnoros, and one of them having mur dered a Mexican to rob him ofliis blanket, | llje adjutant of the regiment had issued an i order that no non commissioned officer or i private be allowed to leave their quarters with arms, unless they are ordered to car pry arms with them. Tom Paine’s boues. I TkeSpringlieJd Republican learns from a friend the following facts in regard to the death, burial, and disposition of the ( remains of the celebrated infidel, Thomas Paine, to which the sanctuary of a chris- ( tian burying ground was denied. Mr. 1 Paine died about the year 1820, a little i distance above New York city, in West- 1 Chester county, if we are not mistaken. The scene of his death, which was horrid, has been often described. He could not, dared not be left for a moment. He died at the house of a brother infidel, and a grave being denied him in any conse crated spot, his friend buried him without ceremony beside a fence, on his farm.— A number of years after, an Englishman, an ardent admirer and follower, disinter ! red his skeleton, and carrying it to Eng -1 ~ r> r> land, kept it as a sacred relict in his house. At that time he was possessed of immense wealth, but within a few years, he became a bankrupt and died. His effects, having been seized by Ids creditors, were sold according to law, and among the articles ofhousehould furniture and apparel, Tom Paine’s bones were put up at public auc tion and sold to a wealthy arnaieur, curi osiiv hunter, for the sum of forty pounds. Within the cabinet of this gentleman, in company with many other curiosities, the bones of Tom Paine are now deposited a warning and example, that when the wicked dioth his expectations shall perish. The splendid talents and learning of Mr Paine, if exerted in a better cause, would have merited and ensured for him a dif ferent fate. We derive this account from a gentleman acquainted with the circum stances, and it is, no doubt, correct. Loci* out for lire ISojjuc*. M e had occasion to notice, a few weeks ago, the attempts that were made by cor tain itinerant rogues to depreciate the hills of some of our most solvent institu tions, J’iie game was a deeper one than we then anticipated. The design was to exchange counterfeit bills of the Bank of Charleston for the notes of the Banks they represented as unsound; and, they have succeeded in doing a driving business; and have put olf a large amount of their spurious money on the green ones in this and neighboring counties. The sj nrious hills are all on the Bank of Charleston, arc of the denominations of twenties, tens, eights, fours and threes— (there are no genuine billsof the two latter j denominations,) and may bo easily irn i posed upon the unwary. The signatures ! are lineengraving, and well executed; the I heads, on either ends of the bills are ; blurred, and lack distinctiveness or ex pression of the features; and the viginotts and impress are of much deeper color than in the original. From what we can learn, there is a large gang employed in this nefanous business. They represent themselves as either Virginia tobacco I traders, or Kentucky drovers. One or more of these gentry are on a tour through Houston and the lower counties.—Ma con Messenger, 28th ins*. wmmmmmmmmmmmmmam mmeam m m i ■■■ i ———b—wm—w—m AUGUSTA, GEO., SUNDAY MORNING, JANUARY 31, 1817. o"The proprietors of Warehouses in this city and Hamburg, will oblige us by having the Cotton in their respective Warehouses counted for us by 10 o'clock on Monday morning. Only one of the Northern mails due last evening came to hand. UirThoEC wishing to volunteer for Mexico, have now an opportunity, as will be seen by an advertisement in this day’s paper. The gentlemen who have the matter in hand are fully competent to the task, and we are : pleased to learn, that already some forty good | and frue men have put their names down. I I Orurrnl Taylor’s Letter. Some of the Whig papers to get up an excitement about General Tay lor’s letter, and would wish to create a great deal of sympathy for him as an ill-used man. We doubt whether that gallant officer thanks them for their indignation paragraphs. They are at best, absurd travesties of real, honest indignation. That emotion even when cut of place, has something respectable about it, if elicited by a sincere belief that a friend | has been unjustly treated. But this pretence j is too shallow for deception. The whole affair, mean and pitiable as it is, is seen through at a glance. It is the offspring of that restless desire to make political capital out of everything that happens, combined witii the malevolence that misconstrues every j move of the Administration. This is the pre- | valent monomania of the most rabid among the Whigs. We doubt whether the professed object of all their kind sympathies will thank them for their officiousness. He does not stand in a position to need championship. If lie did we doubt whether he would call on any ; of these noisy declaimers to vindicate him, i who, while he was gallantly fighting his j country’s battles, were stigmatizing the war ' in which he has won so much reputation for himself, as disgraceful and unjust. Where were their sympathies then? If they were not secretly wishing in their hearts that the army of aggression, of conquest and robbery, as they were wont to esteem our gallant forces, should be driven back in disgrace and disaster, tiiey were at any rate writing edi torials which were freely quoted in Mexico j In cheer on our foes and to harden their oh- I slinacy into more stubborn defiance. The Mexicans have borrowed largely from these ( very American papers, their idea that they have been grossly ill-used. Their own mis- | conduct—their own disregard of the rights ' of American citizens and of their treaty ob- | ligations—their own wanton cruelties are never mentioned in these prints, or if men tioned it is in the language of palliation and | apology. As for these imaginary wrongs to General Taylor, it does not appear that he complains of any. His letter contains nothing of the kind. Though It is a private letter written in the confidence of friendfehip, in which if lie had griefs to indulge, he would probably I not have restrained their expression,be uses the following language: “The foregoing remarks are not made with the view of finding fault with any one, but ■ to point out the difficulties with which I have | had to contend.” Does he ascribe those difficulties to the Administration? Does he charge it with creating or interposing obstacles in his way? By no means. Nor does he, or can he com plain or ill treatment, or want of proper re gard for his feelings and his position. He has been treated with distinguished respect. Unlimited confidence has been reposed in him, and the widest discretion accorded to him in the conduct of the campaign. This idea of injustice done or designed by the Administration to General Taylor is not suggested by his letter. It was trumped up i for sinister purposes, and an effort is made to advance liiote purposes by forced deductions from the letter. Cou^rcssioiiul, The Union of the 2bth inst. says.—ln the Senate, 10-day, after the disposal of the morn ing business, the loan bill was taken up, and after a long and interesting discussion, the b.d was ordered to a third reading, with two ! amendments —the fir.-t prohibiting the hypo thecation or sale of the treasury notes issued under the act for any sum less than the amount of such notes, including principal j and interest; and the second directing the 1 ! Secretary of the Treasury to report to Con gress, al the commencement of each session, the amount of treasury notes issued under the provisions of the act; the amount re deemed, and how redeemed: the amount purchased, and of whom, and at what time ! purchased; the amount reissued, and so on. The Senate then, at a late hour, adjourned. The House was occupied,as in Committee of the Whole, in the consideration of the increase of the pay of lire army and bounty bill. At 2 o’clock, the committee proceeded to vote upon the several amendments to the , bill. An amendment, by Mr. I. E. Holraes» striking out all the original bill, except the first section, and inserting a new section i providing for the payment of the soldiers in j certificates of stock payable in ten years at six per cent interest in lieu of bounty land, was adopted; as also was an amendment providing that the soldiers shall be paid in ; go’d and silver, and at the rate of ten dollars ( a month. Pending the action on an amend- 1 merit, by Mr. Reid, the House adjourned. Advance in freight*. At New York on Monday, freights advanced— i engagements of flour to Liverpool were made on Saturday at 65.--7 s. is now asked; corn 25d. The second annual Festival of the Printers of Vt estern New York, was recently held at Roches ter. Among the toasts given were the follow ing:— By Alvali Strong, one of tho pifhlish ors of the Daily Advocate— Woman : The diamond font, the choicest type in all our specimens: the ever ascending star j in our hearts and our houses. “John Smith’s” Toast— Baines: Pock et Editions of humanity, issued periodi. j colly, worked off in sheets, bound in mus 1 lin, and headed with small caps. By G. Holden— The Ladies: God bless : them; it is only by their aid tiiat man : ever reach a second edition. i By A. Mann, editor of the American. | The Press —With its thousand tongues, 1 it proudly defies the ravages of “Old King ; Time,’ and flourishes, and shall continue ; to flourish with undreayed moral beauty and magnificent power. While the most potent must submit to its mandates, Ihe weak acknowledge its protection. By Wm. McDermott, of Syracuse.— General Taifor: —His shrewd conduct in 1 • - I [lulling Wool over the eyes of the Mexi cans proves him to be possessed of JVnrth. j May American Twiggs be so freelv dis tributed among she enemy as to compel J them to exclaim— Quitman: shooting sticks and slugs freely given out: and j their columns so haltered, as in render a ! justification impossible without being over- run! By Benjamin F. Enos—Simon Carn ! eron : Forty years ago the bare footed I Printer Boy; now U. S. Senator from ! Pennsylvania. Every young compositor would be just fed in his attempt ‘to fol- j low copy.’ Bv George F, Terrell—The Union;— A form to which seventeen pages have been added since it was first imposed by Franklin and his compatriots. May the sheet which shall be ultimately required ; to coyer if, extend from the Atlantic to I the Pacific, and from the 10th to the 70lh j degree of north latitude. By Wm. Cowles: The Ladies: The best made up form ever locked, in the eni of man; may their impressions rvor he fair, and their proof sheets clean from doublets. Our Country—Right or Wrong. Al! those who are desirous of joining in ihe for mation of a Company, now' about being organized, | for the Mexican war, are requested to meet at the Eagle and Phoenix Hotel, To-Morrow ( Monday) | Evening, at 7 o'clock. Jan. 31 GIBSON & BUTT. ATTORNEYS AT LAW. WARRENTON, GA. LAW COPARTNERSHIP.—The Subscribers have entered into a Co-Partnership, and will prac j tise in the Northern Circuit. Any business entrus ted to their care will meet withprumpt attention. WILLIAM GIBSON. JOSEPH H. BUTT. Jan. 22 6m. 94 LAW NOTICE. J. T. SHEWMAKE, ATTORNEY AT LAW, WAVNESBO ROUGH. GA. Jnm.ro If 95 \ I _C 0 M MERCIA L. LATEST OATES FROM LIV Eit poo L j an■ 4 latest dates krom iiavrEjan. 2 Extract of a letter received in this city, dated *‘Ll VERPOOL, Jan. -I. In case this steamer should anticipate the advices by the intermediate 1 sailing packets, we have to advise the very im- I portant further advance of about a penny per lb' in Cotton since the departure of the Steamer of i thedthult. The speculative excitement has been | great, and during the month about 300,000 bale* ! have changed hands, of which about 001.000 have ; been bought on speculation. The business in I the last three days is estimated at 27,000 bales f of which the consumers have only taken about 8000, the chiefoperations continuing to be on tho part of speculators. Fair Upland is now quoted 7}, fair Mobile- 7i, and fair Orleans 7jd. perlb., ; which arc about 3W. above the rates of this pe ; riod a year ago. The frrsh impulse to the market i has arisen partly from the later and more reliable ■ accounts of the deficiency in Ihv . forthcoming i American crop, but more from the public atten* 1 tinn ha-’ing become more pointedly directed tothu* i fact and to tin* reduction ofthe stuck in the King* ° dom of more than one-half during the past year. O . the other hand the rapid advance without an equivalent improvement in the value of manufac tured Goods and Yarns has placed the spinne r and manufacturer in a position ol great embar rassment, with accumulating stocks, which can not at present be realized, except at a serious sa crifice — and the prospect of improvement exceed ingly discouraging, resting almost solely on the diminished supply oft lie raw material. Tho high prices of provisions, together with the difficulties in monetary affairs throughout the continental maikets, is likely greatly to curtail the export of Go als at advanced prices, and the same causes must lessen the home consumption. This ha* already led to‘‘short time’’ woi king in the Cotton | mills to an extent which has already, as is estr mated, reduced the consumption COOU bales per week, and this system is on the increase. On the whole, the position of tin* Cotton trade is very similar to what it was at the commencement of the diastrous Cotton year es 1839. “We annex the usual annual tables of the iin i ... port of Cotton into Great Britain the past year with the stocks remaining in the ports on the 31st 1 oil., contrasted with the two preceding ycars> from which it will be seen that the supply tho : past year is G 13,330 bales less than in 1815, and | that the decrease in the stocks in the ports amount 1 to 509,480ba1e5. The quantity exported during the pa>t year was 194,009 bales, and the quantity j liken from the ports for the consumption of the l country has been 1,559.000 bales, which last is i 11,000 bales less than was so ta/ren in the pre~ I vious year. It is assumed that tile spinners hold I a less stoc/r than at this period last year, but after ! making all reasonable calculation on this score, | it is quite manifest that the increase of tho con* sumption is not equal to what had been generally calculated on. % j ‘ Cotton, Upland, per !o 5| a 7fd.; Orleans G | aßjd.; Mobile u a 7yd.; Tennessee and Alaba ! mas j a 71; Sea Island 10 a 23.” “HAVRE, Jan. 2. We have jut rt : i cd | the news per steamer loth December, though a ! few letters only have come to hand, so far. Theso S advices occasioned a new advance in our prices | for Cotton. 4000 bales sold to-day' in store or to ; arrive, ami iCOf. paid for ordinary, U pin ml 98, to i arrive. Nothing doing in Sea Island. Rice dull, | at old rates.” We gather the following statistical information from the Circular of Messrs. Blackburn Co., Brokers: Cotton. Import into Stock in Stock in the Liverpool Liverpool, U. Kingdom. Rales. 31st Dec. hi i Dee. 1312, 1,255,016 45C.600 554.530 1813, 1,557.599 fijJ,9oo 735,950 1344, 1,490.963 719.530 i/U1.9-0 1815, 1,650,763 835,130 1,060,570 1315, 1.134,273 433.H0 515,790 Brice of Orleans, Ac. on 31st Dec., 1842. 4d a 7d “ “ “ 1843.41 a 74 “ “ “ 1344, 3-1 a fi 1845, 3*a 8* “ “ “ 1816,01 aß* | j From 1 Yillmcr f Smith's European Times,Jan. 4 ] toH'iij tJarhrl. j Report for the week ending December ; 24.—We closed iast ivc.k wi:’. i advance of Id. j per lb. on all classes of A a.- >an, the last tv%o 1 days being dull and quiet, h tut quietness has | continued in a greater or less degree ?.. the present j moment, and under its ihlliu nc near]; Id. per lb. I has been conceded in price. The hu.-ines.s trans } acted since Friday lo- be-.-n by no means uniform; j in some instances forced sales have been made at id. and even id. decline. ISuch a course of im pulsive proceeding is not unusual after so great I and rapid an advance. This morning, kowiver, ! and yesterday also, mure imiformiiy in prices,\virh i a regular demand from the trade, has been, and I still is. in existence; and < or market is assuming accordingly a character of steadiness, and even firmness. Other descriptions than American may he considered as less changed and influenced than those kinds, whether in the direction of the late advance or present decline; and we therefore re -1 gard Snrats, Brazil and Kgypti ins as having been I less depressed than the common run of short sta -1 pied American, tincetbe above was written, an | active speculative demand In - sprung tip; 10,000 ! bags are said to have been sold, and prices are re placed ..:> within id. peril) of their highest posi ! tionofian week. 12,CT0 American, 1,200 Surat, | and 300 Egyptian have been taken on speculation, | and 50 American for export. The sales of ilia i week are 21,340 hales. i lit;port for the week ending December I 31.—The price of American Cotton is Id. higher | than the circular quotations of Thursday, the 24th ; instant. This advance was nearly ail gained in i the la iter part of that day, by a renewal » fa smart j speculative demand. And as this renewed de ! maud was kept up with much spirit on Monday, ; the advanced rates were firmly supported, and ! have been steadily maintained no to the present | moment. On Tuesday wa had later dates from New York, by the Ashburton, and this morning the letters by the Boston steamer of the IGtli have been delivered, bringing much matter of a politi cal nature that may be interesting, but nothing of a new or materially varied charact- r with respect i to our staple article. V> iih regard to the ever re curring quest ion, tho extent of the crop, it is thought by the various writers of these advices that wo may have fully as much Cotton fiom the Atlantic States as we had estimated; hut the aggregate quantity of the entire crop is not raised higher than before, namely, two millions of bales. The ship ments going on to tins country are very light. So far, therefore, another fortnight of time has passed over without disturbing the reduced estimates of our supply from the United Slates. This morning the summing up of the. actual stock of Cotton in this port lias been made and published;: n 1 ail that need be said of it is, timt it comes out to corrobo rate most exact!v the various items and statistics published each Friday in the broker's circular*. From Manchester and the manufacturing parts of the country, we have nothing encouraging as to these active speculative proceedings and advan cing prices, although there is more reconciliation to some advance of price. Nor is there anything to favour us in the state of the provision market and the consuming power of the people Our ad vanced position, therefore, rails' be considered to rest almost entirely upon the conclusion, that tha future supply will be inadequate to the consump tion. Os the present stock in Europe, there can be no doubt that it is lamentably too small for the heavy demands that must he daily made upon it; especially so, when the most favourable calcnln that can be made, cannot shew the spinnera