Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1839-06-13

W. have received fon New Orleans BY express nail is
ton o. the subject o. 's trade y which me Po
clear manner sy ceroborang the view which have here
.Oore taken on the subject By reference the circular il
paper 100000 bales. fhs fact is that the old operators
ae United States Bank, numphries Bidde, and certain
DINERS went cat Of the market proper season. when
should have bees left to the natural action Of supply and
o. The crop Of the planter and to
orce prices still higher in the face OF sagnant Business
s.tsd viii S.Trssnfy and scarcity Of The
to the holders Ny being kept so long out of the mar
n VIII eonct with the Of the planter the sale
o. e new crop he being longer Interested in the present
stock The recent circular which has created so much excite
@ 49, to have been concosted by the brokers
save to the countr The saving actually has howl
ever reference only their pockets The country will
IN the long run lose by the As general rse TIL
true policy Of this country to furnish raw material al sc
cheap rate possible in order promote censumpons
All attempts to high priee matter il what article
checks the consumption article in degree easvaent
10 the difference Thus Cotton up to average
sale. of Is cents yield greater aggregate .hu
left sation Of demand even hosc n. rate. might
rule at II cents, which price would still yield profit the
planter without the Intervention Of spectators The same
rule hod good OF -four pork lead tobacco and all produce
which Is sustained by combination. If articles of food
Diminished in consumption BY high prices how much
more VIII cotton be affected by the The only
alternative Immediately all artificial action and
leave pce. to the guidance Of individual competition and the
In this city the close sales have been made
TO the extent Of 1900 bales fer Shipment still declining
LIT l44c. Florida l6c.
Tor New Orleans and II l6c for Mobile These
decline of 2c from the previous to the arrival
Of the Great The arrivals about 500 bales
The exports from the United States from the
ist October, 1885, up to th. date, are sSs.77s
Isss' a l,asl'. .sl
Al Charleston the 9th Instant the Great
tern reached that city, and Instantly checked business ard
destroyed all confidence article Up the close the
week on the 9Th sale whatever took place At New Or
leans on the 4th nothing doing.
CIRCULAR
New ORLEANS, ID June. 1882
SR-iermit me to draw the attention Of the
community through the medium valuable journal To
the annexed statement regarding the taG which has
oeen Drawn up With and may to undeceiye mapy
the accuracy Of conclusions published the several circu
lars issued by spectators f. motives So much
has been written side Of the question: that at the risk OF
taking up hackneyea subject induced place
with the saneuinc estimate ndustrioy circulated and
which are looked upon by many who give themselves
Die 10 investigate their accuracy selfevent At
the OF the the grounds upon which high
the diminished supply compared with yeo, while
the fact altogether lost sight Of that
supply sflas although probably longer bales
Of cotton still remains in the manufacturers warehouses
shape oil and goods and that scarcity deficiency
estton be felt until they relieved Of these large stocks
Besides although the supply will fall far short of
yet with this single exception will exceed that any pre-
year. As the season advanced however, and spectators
became more and interested the of their opera
TONS every list which they purchased seemed 10 effect dm
mutton IN their estimate OF the crop that from
100000, it has gradually dwndled small amount
Of 0OO heavy operators circular Of 22d which
the climax Of ALL for unounded
dsctions Without extending these remarks further
table giving the receipts cotton this date with the
probable supply from the de ports TO LIST October nex
Already TO be reed