The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-08-05

With m, c,tomayv rusysntse asrsn. Concerning this
point which has made great impression az distance,
we venture to express opinion good information,
that tn. sum al this moment advanced
holders y the Liverpool Banks does not approach the
heh they had advanced in this and the succeeding
At this point would be desirable to ascertain nearly
possible the increased consumption OF cotton Gres.
Britain Various circumstances render this dim.
cult than in former years. The admirable precision with
which the Liverpool brokers usually calculate the
weekly consumption is now temporarily and in small
degree, at au because some OF the cotton purchsse
the States by British manufacturers has been carted
direct from the shin to the canal or railway, and hos
never come into Liverpool warehouse-the stock in
which forms one OF the principal bases of the brokers'
calculations
1t is impossible to estimate the increased consumption
OF cotton used in the mixed fabrics made Bradford,
Halifax and their populous vicinites We know be
much greater than the men of Liverpool have, until
recent date at least imagined We have been promised
more precise information on this subject and in the
tme we must content ourselves with stating the general
FAC. OF large increase Formerly the wsrps OF such
iaorcs were made from hog weo long stapled wool OF
the nrs shearn and in consequence that kind
OF wool generally COMMANDED price from FIVE to ten per
cent higher than wool from the sheep of the second
or third shearing would obtain Now from the subsu
ZION OF cotton thread for warps is lower in price
cotton that can have wrought such remarkable change
as this In an extensive trade And from the best niorma
ton we can obtain of opinion that the increased
weekly consumption of cotton is above twenty per cent
higher that was year ago. or quantity equal to Gons
deraby above 900 bales in the year. We are also OF
opinion that the opening the China trade and the
favorable commercial intelligence just received from that
quarter, will further stimulate trade and addi-
tional increase in the consumption Of the raw material
1t is stated that very little more cotton Of last years
growth arrive from the United States-not more
than seven eight per cent Of our annual consumption;
and that the imports from India will be less and less.
this view of the subject be correct should net be
astonished to find the stock of cotton the LIST of Janu
airy, 1914, reduced pretty nearly the of stock
held at the same date of ls4a appears there
cannot be found safer Investment money than cotton
at the present low prices We know how difficult will
be to induce manufacturers to give higher prices but
none of them so long fair demand for their goods
continues will have any apprehension in holding stock
at sbout the present low prices.
In the stock Of cotton held in Liverpool advance of
I'd per ID. would make difference Of 81 600 600
planters and the advance in prices and improved sale of
produce will give 81 to the farmers The bills
drawn against the Canada loan will give supply Of
sl,6oo,00o of bills in the New York market. Here are
items Of $4oooo00 Of additional MEANS before the new
crops are felt in the markets The English banks are
forced into supplying the produce markets with money,
in the that banks are forced into stock
loans
According to order of tabular statement
OF the trade between the United and Great Britain
was LAID before the House of Commons presented the
following results -