Southern Argus. [volume] (Columbus, Miss.) 1834-1842, 1841-02-17
COMMERCIAL


COMMERCIAL. 1
In reg'rl to Cotton, our market has been
nrm atour rates Of last week, and an Of the
APPLE brought in has been freely iaken ~.
buyers in confirmation Of our previous notice
that our seaport markets are above the Emo
llsh markets. We give below the Mobile |
and New-Orleans quotations:
From he Noble Journal Of Feb. 10
CoTToN.-The arrivals since this dav weel, |
are ~O'o42 bales, including Dup from Florida
the exports during the same period have been
% glasgow 755 bales, New-York ]. 723. Bos.
ton l5l, Providence 90. Portland 400. Fan
River az Richmond l34, New-OrIeans IOl.
Aey west l2--together 1888 bales-leavinc
STOCK os on hand and on shipboard n It cleared
OF S5ifo bales, against %, 1870 last season.
Inc sales otthe week reach about 1900
oaies. The receipt OF the foreign accounts on
WEDNESDAY, the date of our last review, had
uhe tendency to restore the former tone of the
unarAe', lhougn the sales Of that day did not
extend beyond 2OOO Dulles. On Thursday the
transactions amounted to about 5000 bales, at
rates showing an advance on our last quota
tlons OF lac on all grades below good al d
me. ms advance was fully maintained in
the operations Of Thursday, Friday Saturday
and Monday, though the daily sales were less
extensive. The market opened on Yesterday
m languld condition purchasers manifestine
an unwilllngness to operate at the prices De.
manded by holders. This feeling continued
until the arrival of the mail, which, bringing
two Gays later news from Liverpool of a ia
vorabe character, had the effect of bringing
buyers again into the market. who took about
2OOO bales at full prices, the market closing
firm at our quotations.
As far as we can learn, speculative opera
tons still, in great degree, give tone to our
market. Upon inquiry we find that very few
Of the English orders have been extended be-
yond former limits, and those only to the ex-
tent of giving the merchant a little discretion
airy power, which as yet has been exercised
sparingly for the filling of immediate freight
engagements. On Fren"h account purcha-
SEES have been light, many of the orders being
limited too low to operate in the present state
of the market.
LIVERPOOL CLASSIFICATION.
Good and fine, 12a-
Good Fair, 1919
Fair, lO3-4alI
| MiddIing fair, 1O1-4alO1-1
Middling, 9I-2alO
Inferior and Ordinary 9a9 l-2
The foreign accounts are by the packet shiE
North America at New. York. The dates are
Of the 5th and 9th from Liverpool, which show
some improvement in the cotton market. The
sales on the 9th were 1000 bales American a
l-2 and I'd per b., 100 bales on speculation
on the 9th they reached 1900 bales, mostly
American, and principally to the trade, extreme
prices having been obtained for all qualities O
American cOttons. The political news is alst
of much interest, the most important item O
which is the reported adjustment of the diff
culties between China and England.
From the N. o. Com. Bulletin Of Feb 6.
CoTToN.-The sales on "Wednesday last di
not exceed 1900 bales at previous prices: tn
day being wet prevented out door business
any extent. Thursday mornings mail brough
us the European accounts per steamship Go
lumbia, via Boston. The Liverpool Cotbo
market advanced further fun I'D per ID. a
ter the sailing ofthc Patrick Henry on the 25t
Dec; but after the stock was declared on tn
LIST of January, viz in Great Britain, 464,00
bales ofall kinds, against 265,000 the previor
year, the market became quiet with light sale
and l-Sd. per ID. decline was established c
=, American up to the 9Th ult., the day of til
/. steamers sailing. The decline may in part
. accounted for by the change of wind pc
ton of the large fleet of arrivals expecte
; having got in. Fair Orleans quoted at l.
: Id. In Havre the Market was lIvel
with an advance of to centimes since ii
last accounts of Doth December, Stock {
LIST of January, 1641, $4,000, including spec
e ation Cotton, against in l840, $4,000 bales
= Our market since the above accounts we
n received has been very unsettled. Facto
have been trying to advance the rates befo
current, which buyers have resisted, and I
sales made on "Wednesday and Thursday W
v amount to about 5000 bales only, and show
! variation in prices that we can learn from fl
- mer rates.