Edgefield advertiser. [volume] (Edgefield, S.C.) 1836-current, 1843-05-17
AuGrsT, Nav II.

| RfmgTh.S.-Iaken gcncraiiy tile advices by
the Hibernin bear favorable complexion
Business in England and on the continent was
revivins, and there was every prospect tha,
al! industrial classes would soon be in better
condition, as improvement, had already taken
place. especially in. the manufacturing diaTc,s.
| There is no doubt that this favorable change
will be felt in this country; but we mus; no, de-
ceive ourselves, in regard to our staples; the
improvements now in operation IN Europe,
whatever may be the influence they will e$er-
else OH trade and navigation generally, canno,
aiirct,hc prices oftkoso staples so long as thr
supply remains so much beyord the ncfnn!
consumption. Good crops Of wheat in Great
Britain and on the continent cannot fail 10 rc-
ducs prices in this c!,untry: and The large
crop Of cotton this year must necessarily Keep
the price Of the article at low rates. Unless the
CONSUMPTION and the demand for c0tsnn goods
for the Ea4: and Wes, India markets. increase
10 larger quantity than j. should reasonably
BE expected. We slionld bear in mind IN max
ins our calculations, that, ira favorable chhnse
had hot ,akenplaer il; Europe. IN all branchrs
Of business. cD,tun would have been mere
drug and that il is 10 the favorable changc al
lrIIeL to, Is 20 he ascTIhcd the maintenance OF
p. ices for some months past. as quoted in The
advicrs received from ,inic IN ,imc.-T'hc fact
*, that notwithstanding the fluctuations in
prces winch have occurred. lIicru is very little
difference in prices siuce February laSi. Pn
ccs would Lave declined had no; a favorable
change taken place III business and thr pros.
pee; presented OF an Increased consumption.
BY the l,bernia we arc advised tha, the stock
Of cotton in Europe. onthc lsi 6fAprI!. amount
ed 10 upwards oi one million OF bales, Of which
seven hundied ihonsaEd were IN Great Bri.
i.,in. This Is / fearful stock; aud II Iee!:s Ia
u, liiat il is ont OF the question 10 expect guv
advance in price, Us long rs such stock stures
in the face, thusc 81 ho ire interested in the va
luc of this riw material. especially when it Is
taken IN consideration. that this large stock is
continually ted by supplies from tins county.
It i, true that the demand for cotton goods for
The ChGa market will absorb large quantity
of the products of Tie British manufactures.
and that the ability OF the lower classes OF the
people 70 consume goods, viii contribute to
clear ou. fiom the warehouses also large
quantity Of coilons; hu, j, is 70 these causes.
that the i.sintenance o. the present prices for
the raw material, is 10 DC almost exclusively
lsctibed. wiiBout which, rs we stated jus; now,
the article Would have become 0 mere drug.
We make these general remarks with z view
ofindnci,.s planters and dealers in cotton TO
reflect upon the subject, in order that they may
not experience any disa?p"insinehts that will
follow any calculation OH .n adraacc OF prices
before the ex,en, OF the crop now growing is
well a.cer,aincd, and before j; is well asccr-
,n.,icd ,ha, III. difficulties with China have been
settled, aud commercial! regulations between
Great Britain and ti,at country, final: 1rranS.
ed.-Wc may observe, however, that several
causcs, besides those We have mentioned al
ready, may operate tn produce an advance o.
prices before the conc lusIon OF The season, and
ia the laca OF the large crop Of cotton in Eu-
rope on the Is, Of April One of these reasons
is the decrease in the supply OF The raw mate.
rial from India. lfihe accounts from England
can be depended on, the supply Of India cot.
ton this year sill be shorter by nearly one hall
OF wla, i, was lls, year. THIS circumstance
alone. will he well calculated TO maintain pre-
sent price5, If not 10 produce an advance. Ano-
lrr cause is. that the stock ou the Is, OF April
was zoo, 600 in Great Britain, but on the COLI
tincnt Of Europe IL was only about 3UO.OUO
b,Ies, which we believe is small considering
the necessary demand OF tho raw material for
the continental manuiac:urrs, and considering
also that Of this stock OF 300 0U0 bales nearly
cnn hGlf was the stock remainns in Havrc.
Couor.--Since last Thursday wo may say
that the market has been active and the opera.
tons large, considering the small quati,iiy Of
the article on the market. However, for a few
DAYS before the advices bY The Hlbcinla were
RECESSED, there was a little .diiIlpcss exhibited
owing 10 the expectation Of later news from
Europe, Since tl.e reception oflhe news be-
tween - aud 1900 bales have changed hands
i, full prices. the quotations of las, Thursday
heins maintained. and the late adylces having
had no other r.Trc, IN the market. The receipts
Of the week have been light. though moro have
come in ,hsn ,e week before. We quote eS-
,emes Ia ! GEMS, The principal sales were
made i, 5! to 81. The stock in the snrehnus.
es Oh planters acsouu. las been estimated al
no more than 5 5,OG0 bales --Cohs.i.a!iona..st.
CEASLt;:5roa, May I3.
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