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Cotton tn New York.-The N. Y. Journal of Con- nerce in its notes upon the transactions in the New York markets on the 26th inst. has the following paragraph upon cotton:

 Sales of 1000 bales the market not yet firm. Mid ding N 0 8. io SEC per pound There are plenty of oiders for cotton tom English houses which hare always stood we'll but the merchants here dare moi buy and draw bills and il they dared could not be of selling them, however good their credit may be for every thing else. These orders are some of them a cent or two above our present prices.