Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1819-02-13

transactions together amounted to 86ao
bags, without, however. producing any
material alteration in the value OF any KIND,
which shews the willingness OF holders To
meet the demand. The descriptions Chief
ly taken were Uplands, Orleans, BAHIA and
Surat.
This week our inactivity has returned;
the sales haze been on a very moderate
scale, and in consequence OF the quastr-
ties Of E. India on the market, a decline
has taken place beyond the slight amend
ment of last week, being in uplands fully
81 per 10.
We hope, in few days, to be able to
lay before you an account Of the stock OF
cottons in this kingdom. As far as our pre-
sent information extends, it will be found
about SOC, 900 bags, of which two-thirds is
East-India. You will already have mott
ced the increased import this year from the
Brazils, which is considerably above the
average of the last eight years. But It is to
the rapid increace of East-lndia descrlp-
tons that we must look, not only Tor the
present depressed state of our market but
for the future effects. In the anticipation
Of this kind becoming the ruling one, new
mills are erecting, adapted to the shortness
of the staple, and i, is generally believed,
that its future consumption will be more
commensurate with its import. Whether
the losing state of our market will check
our supplies for the next year from that
quarter. it is impossible to Conjecture
certain it is, that its increasing production
| must check the cultivation in other coun-
|tries, and tend to keep the value OF every
other description within bounds, both at
the place of growth and in the English mar
ke.. 49,,
There has been this year very little IN
crease in American coitons, aid perh'ps
none in weight; and from an estimate OF
our present stock, it would appear, that not
witbstanding the interruption to the con-
sumption for more than three months du-
ring the summer. there has been as much
used up this year as in any former one and
il is clear, that had il not been for the ex-
traordinary supplies from other parts, we
should ere this have experienced scarcity
and corresponding enhancement OF price.
Excepting for Sea Islands, prices OF all
descriptions are lower than at the close Of
the last year. Early in this year it was as
ceriained that the crop of Sea Islands com
ing forward, would prove far short of that
Of 1916, and THAT speculations had conse-
quently been entered into in Savannah and
Charleston. on very large scale These
circumstances induced speculation here al
so, and by the middle of May, prices had
advanced Is per ID, but they then became
stationary, and afterwards declined with
out an interruptionto our present quotations.
Uplands during the past year underwent
few and triAng fluctuations, being mostly
stationary, or dropping +; and about the Goth
ult. experienced their greatest depression.
Nor have Orleans varied mach through the
year,sbut arrived about the same time at
their lowest point. Both Uplands and o.
leans have since risen about I'd per lb.-
Tennessee, which usually ranked with i'll
cerior and middIing Uplands, is now rated
much lower, I'd to 2ad.
Prices GENERALIZATION, Uplands, Is sd
Is I'D do do'new Is Sd Is It'd; Sea
Islands, os Cd a IS ii; New-Orleans Is SID
IS SD; Tennessee, Is Sd Is AID; to-
bacco, 0s Cd; tar, barrel, les Cd lis Cd;
turpentine, cwt. lIs.0d; flour, sour, 54s Cd;
rice, duty paid, 45s Cd a dis Cd.
We are sir, your ohedient servants,
RICHARDSON e. BOLTON"
London Dor II