Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1825-05-27
By the Amethyst.1

By the a,nethyst.l
From The Ii, erpool Advertiser Of April p
SPLc ULATIoN IN Corrosive believe the
sale OF cotton Of single week within the re
collection OF or merchants equals in amount, the
sale of the week ending with last night No less
than l0 500 bags have changed hands in the course
ofthe six days from Saturday last OF this quantity of
900 bags changed hands in the of the three
days, Saturday, Monday and Tuesday. A number
of anecdotes current OF the sudden wealth
gained by many individuals in the course OF this
eager speculation. Every vessel that arrives now
in our port with cotton brings positive fortune of
clear profit upon the invoice 10 the owners. We
saw a letter the day before yesterday from Per
nambuco, advisieg the shipment OF few hundred
bales for which Mwas hoped, said the Letter OF The
shipping parties 10 the consignces, sd. might be
obtained. The article will leave almost new
price equal to this, after reasing the hope Of
shppers-soit is with all that now arrives. Every
body speculates, and as yet every body gains This
extraordinary rise is, believe in The short period
from January last, when, on taking the amount of
stock in the country, for the purpose of composing
their annual circular letters their correspondence
the merchants found the stock OF cotton in the
country much smaller than had been believed
At tie beginning of january the price OF Bowe eds
was Bid. TO II Bid; the quantity of cotton sold
that month was 10000 bags. In the beginning oil Fee
bruary the price Of the same was ii I'D to I'D :;
of this month the price OF Bowels was I4d to I'D;
and the price of yeserday is IA lid to 70 I'd
The entire quantity sold thus far in the month is
200, 600 bags, of which, as said before, OIL 800
bagsare the sale of the last week alone: thus since
January the price has doubled. On the FIRST per-
ception OF the state OF the stock several houses
de efforts convey their orders the speediest 10
America TO purchase; ard those who succeeded in
conveying orders the first the several markets of
America, have made speculations enormously pro-
fIa0le. Sums of probable gain in this way are
currently named, which almost pass belief These
purchases are now dropping into our port; and the
large quantities arriving aud expected have little
depressed The market for the last day or two Half
million OF money is loosely stated as the proba-
bic gain to the merchants of Liverpool by the rise
In this one article Of merchandise, within the last
four months. In consequence Of the advanced price
Of the raw materil, the manufacturers are bethink-
ing themselves o. curtailirg their operations.
In addition 70 The above, we have the following
under the date:
We have 10 advise the mos, extensive sales of
OF Cotton this week that on recurd---amountina
TO IOl, goo bags, worth about two millions of
pounds. The belief that our supplies will be short
from every quarter, and the still increasing con-
sumption OF this article, has induced great specula-
ton. The trade buy freely at present prices and our
Market has every appearance OF continuing high.
Uplands have advanced this week about I'd. -
Egyptian and Brazils about 81. We sincerely
hope you may have been induced 10 ship. Such a
year may not occur again in a century. Tobacco
continues at steady prices. The sales last week
amount 10 about 400 hhds. Good sound Virginia
is most sought after. Turpentine is steady In price
Our expectation that the duties will be lowered,
prevents the trade from buying more than their inn
mediate wants require.
Flour goes off slowly at our quotations Some
shipments Of Philadelphia Flour have been made
10 Gibraltar. We shall soon know whether an al
teraton will be made in our Corn Laws Ii is a
question OF great importance 10 the United States
and we shall keep you regularly advised on the sub
ject.
LIVERPOOL, April 20
The oldest merchants in Liverpool do not rccol-
icct period when the spirit OF speculation was "a
active IN the Cotton Market il has been in our.
since Friday last. A kind OF mania seems 10
have seized individuals of almost every class of So
cety, all hoping TO become suddenly rich by sue.
cessiul speculations IN cotton Prices have in con
sequence OF this speculative demand, rapidly adj
yanced within the last five days, and there is, IN
the opinion Of the spectators, every promise OF a
still further advance The state Of the winds has
no little influence prices; Tor whilst a puff from
the eastward is enough to raise cotton a half penny
per pound. breeze from the westward would n is
probable, sink It penny. So precarious is specu-
lationl Not lower than 81 900 bags Of cotton have
II Is asccrtaued, changed hands since Thursday
last. II would be curious to describe the process
/ by which 100 bags, ~ frequently changing hands,
| are swelled, as It " ere, into ,0O0.
Lady Cornwallis's wedding portion, at her
| recent marriage, was seventy thousand pounds.
The subscription for Mr.. Husklsson's plate a.
mounts TO f $50.
On Sunday last the Ipbigenia sailed with up
wards OF one hundred artisans for Buenos Ayres
| We are informed, that a popular author is about
to publish, IN few days, interesting, useful, anc
PRACTICAL w9k, under tie TILE Of the Art IF Beauty