Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1843-05-24
arcrsT. NM Ia.


Ee,sg:ks The adyices by the Great Wes.
tern confirm the accounts previously received.
ci q s!ow but cerlain improvement IN the trade
Gf GIent Britain. The manufacturing districts
were recovering from the depression they had
suffered. and the people were gradually i'm
proving III their condition: they were begin.
nin, To enjoy better food and ciothing. IL
to &c hoped that This favorable change will not
be marred hy unexpected distress aud misery.
Grea, activity prevailed in the exporting bu.
sncsa. which. as 1 natural consequence, crca-
ted much animation in the manufacturing dis
i,ic,s. II 'hose nGviceS are Of favorable na-
turr. "a concerned Grcr, Britain. they nre cal.
euIalcd 10 create fears in Tho minds OF those
Interested IN the cotton trade. We find that
nj the latest Liverpool date. tho market had
suffered decline ol 1 ola penny, on cotton oi
midjling qualities. This decline is not owing
10 any deprcssions in the general ,rnlc of the
country. but I" large supply IN hand, and es-
peel lily To the large supply daiiy expected from
this country. The stock on hand. as i, will be
seen under "nr commercial head. amounted To
nearly $4,000 bales, on the 29lh ui April, and
aupplirs daily arriving, more perhaps than the
daily and weekly demand for CONSUMPTION.
Notwithstanding Tho decline ihut has inkcn
place. we nre still ofopininn that prices in Eu'
rope will not 60 down much lower than they
are quoied nj the latest dates. We believe we
arr justified In entertaining this opinion. II.
with stock of nearly S00.0e0 bales, and the
rxpcctalinn Of further large supplies, the mar
kei has declined only ola penny, il was rea.
sonablc 20 conclude that Tho present pr:ces.
with momcnlary fluctuations, will be mnin,nin-
ei. Besides there arc 50 many persons IN Eu-
rope and in this country deeply interested in
the inainicna nee of saving prices. that IT will
not he difficult pstier 10 control the cotton
markets. when assisted by an improving gene.
raj lradc. and fair prospect Of good wheat
crop. which must result in beucrius the cnn-
sliGnn Of he lower classes Of the people Of En-.
rope. and in increasing the demand for the
raw lnntrriai nd consumption Of mauufactnr.
cd articles. But i, will be highly imprudent to
predicate specnlaiions on higher prices. Some
cansrs may happen to produce a small advance;
hut such causes can have their effect only late
in autumn.
Cotton Since las, Thursday the market has
l,een inactive. The news by the Hibernia, ai
Boston. did mol affect the market as regarded
prices. rs holders dill no, feel inclinsd 10 con-
cede any decline. which had the effect OF with.
drawing buyers from the market who did not
IKE !" bpeTu" NllIIpiit S0rIle COUCtSiOU cHIHi
parcels however were disposed Of at small
decline from the prices Of Thursday last. bu,
were not suiiirier, IN establish decided de-
cline. The market was in that condition when
later news was received on Tuesday evening.
by the Grra, Western. n, New York. which
had the effect ,p render the marker yesterday
quite dull, owing 10 the holders remaining
ii'm in demanding prcvious prices. and buyers
declInin; to operate unless concession was
made. As the stock of cotton on the market is
small. and besides i!,o price being limited to
rates bcynnd what buyers are willing 10 pay
| no sales could be effected unless decline of
quarter Of cent, on pre- rious prices was
submitted 10. We omit quotations for the pre-
sent. Receipts continue TO be very light.
Erehaage. We have TO state that drafts on
:hc North ure becoming scercc. and unequal to
The dc cniand. Our banks are operating or:iy
with their regular Customers We have tn no.
iicn no chnnge in the rates., hri i, is probable
that an advance will soon tnke place. The
value of Central Bank nonc, is still iinprnving:
Yesterday lie rates were NJ 10 TO 90 per cent.
discount. Stale bonds have also improved
little: & per ceni. 81 and per cent. go 10 s5.
-CUnS,i,miaaaiiS.