The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-11-16
Cotton Market.

The time is near at hand when true extent OF the
il q, ork in estimating the yield but the difference in
their calculations trng that prices will net be
very sensiby Effected should the most unfav oIsbe
ports prove authentic There is doubt but that
parts OF the South have suffered and the other hand
many sections have been particularly fortunate in the
We have taken especial interest in the conflicting &C
that have resched fro all parts Of the Sou'b
and have 10 the conclusion that the yield cannot
over 800, 600 or 900,0 ono bales
below we give extracts from a circular, issued by
Messrs ste wart Wright, cotton brokers' OF this city
close of cur OF the 30,h October the
market had assumed frmer tone, and an advance OF
to &c had been realized on tie lower grades during the
rs few days Of this month, the market became spgud
and this advance was lost holders being willing sellers
and shippers dsincned to enter the market lsrgely but
conteptrd themselves with picking up sma parce o.
they offered cheap Ga tie 9th instant rsceIvsd
Der Hib srnia via Bos,os Liverpool dates October
vita particulars oil small adv and immense sales
these had lutte effect our market; some lev 1t
sold previous sing prices which were before
unoitsinable The accounts from Europe we're consid
cred highly favorable and much more extensive business
would doubt teen transacted but for the general
impression which prevails that the accouns from this
side OF l6 Sep emner, will cause decline in Liver
pool and qnent decline here when the steamer Of
9h October, shall under this feeling holders
oued willing settlers ana Shippers bought with caution.
evening OF the 9Th In tant, accounts from the
south received OF severe rosts throughout the
Cotton growing region. and complaints Of the pick
nss not the expectations OF planters psrtic
market quite excited and sales Of 500 sslss
made princp lily 70 French shippers, aud for home
sumption; the 10th instant the good feeling continued,
and an active business done, probably near 30OD
bales sid vt Advance Of per ID; the opera.
tons were checked somewhat by the increased
price demanded by helders, and the withdrawal
Of many lots from the market in accordance
with orders to that effect from the South. On
saturday LOST the sales were shout 1000 bales snd
10 manuiac ybo have last week been purchasing
tor their winter stock in Of the closing Of
igs,on. Yesterday the sales we're ZOO bsles market
closing firmly Our market at this moment Is unusu
independent VI toregn sdviees The movement here last
week the r'sult Of the per Hibsrnia or tn
execution oil orders from sbrosd nor yet the msnd
from our own manufacturer. but ives caused solely
by the belief Of diminished crop, and should this belief
become verified market must feel s influence Our
last crculsr which prepared for the s amer HeeT
ns and issued the 80 uit referred TO the unsvors
BILE change which had occurred In the aspect Of com
ng crop we find SOW great uniformity In the general
tenor OF all advces from the cotton growing section,
sod steady reduction In the estimate oil the extent OF the
crop has bsea found that the exceeding vain Yea
the In the latter part Of s. psmber and which exended
into October has been injurious to the proper maturing
ofthe plant the tendency being to BURT open svssi nun
Der of immature tolls which made a snor upon ,h-
season proved them 10 be light and worthless cotton.
which has not compensated Tor the losses occasional by
the weather. The first severe frost IN latitude 10
South Carolina occurred the llh ult, and repest
IDLY for the several days utter that date at Mobile
severe frost appeared on me ih MT, ana ON hs
must De horne in mind that the centre belt o. The coior
grswi. region, Is in latitude - aud trust saihcen
23h October aud for ten DAYS preceding the weather
although extremely fine for picking wesioo cool for IN.
plant To mature TO any extent thus low Up ar"n'
mat with LIMITED exception, sins ost has appeared
in all the principal cotton growing states earlier hsn 10
any OF the last six the growth OF the plant being
at end, much speculation exists gather
ing in diteren sections many planters profess TO be
nearly through who at the same date In
had many weeks picking ahead have been found
who will allow the yield to be full they had
TO hope would be In August last while they generally
claim deduction varying fr fifteen twenty ave pei
cent from the above stated. The crop OF he ear
1888 was estimated az bales; Killing most AID
not in latitude 80 Of that year, until the 10Th Oco.
,er aud the througho remarkably favorable
Tor the proper maturing OF the plant assuming that crop
~ guide, apd allowing for the increase Of production
would that We cannot expect to realize crsp ex
seeding 900 bales this appears 10 be the extent Of
he crop lar calculations now be made, and
Ind many experienced pessons, who do not extend be
yond $4,000 bales
In our circular prepared for the steamer Caiedons
date Of September 20 h. stated thst the
rop Of Texas bid fair TO that OF last years since thu
tate the advces contradictory, but NE PR.
erred waiting until the present time, tor soth, n'ic
counts Of the gathering We are persuaded ht the
rop will b, pro than that OF cotton States
Severe rains set In on 10Th september the Brszos
Colorado Rivers which continued with only istsrms
zion offour days. until the 7h October accompanied b,
severe tornsdoes which Frustrated the plant In plan
alton OF lao acres witch has usually made bale per
the yield In pareulsr instance will not exceed