In spite of a little remaining excitement, the accounts from
Liverpool and Manchester up to yesterday afternoon show a perceptible improvement in the aspect of affairs. Only one new failure is reported—that of Messrs. Warden and Co., general merchants, of Oldhall Street, Liverpool On the. other hand, Messrs. Livingstone and Co. have been enabled to resume pay-
ments, by the timely arrival of remittances from India; and Messrs. Scholes and Co's. private bank at Manchester has recommenced business. In the Liverpool cotton-market the announcement of Messrs. Littledele's success, and the return of some little confidence, have caused considerable improvement. Three thousand bales have been sold; and the prices have advanced since Thursday to the extent of L per pound.
The ac.e,ounts from India by the present mail, says the Times, as re- gards the affairs of Messrs. Cockerell and Co. are not unsatisfactory.
"Owing to the better state of the market for piece-goods, the house had dis- posed of the old stock, and were proceeding to sell those of 1847; while with re- spect to indigo, it appears that, although the crop was estimated at only 116,000 mends the factories with which the firm are concerned were better than the year preceding, although, like the crop generally, inferior to what had been anti- cipated. Confident expectations were entertained of large remittances being made during the season to cover the bills drawn."
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