Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1843-08-19
THE LIVERPOOL COTTON NAH
4 EIf -

&AMA 1
The prospects Of The er4Hf staples cotton.
are sets HattefIegs The improved state Of
fte great markets Of Australia IadFas md
I China, have much improved Of Iafe, and
the Fsnsral state Of the EDITION markst IN
England ID siieh as Vac aiteH stsb.lityl and
tspaensy 10 improve The prices Of the raw
material. The stock Of cotton on hand in
Ltyetp4ol il aefy large. The London Bank
ere Circular rgtnarks ms follows
Liverpool now eentsiasa larger weight OF
sntfer. than syar before warehouses; in
that port, ard We belfeye We are ssfe IN
stating That on this day, Friday, tbs 7th Of
Jaly. the quantity Is, within . very few
one million bags. These, at shout So los
The bag on shs sverige, are wuth aboat
Ave millions and N bali pounds sterling.
Large az the stock Of eoftsfa ~, We be-
lieye that al no previous corresponding pr
period Of great IMPORT vas The pressure on
tsdlv from lis weight So light rs
II is ut this instant. The fact il that the
imports have been divided into n greater
number Of hands than hrs ever befofs
known among these apHisnt Tin nefadtl.
fers are The most conspicuous. We we're
told by a firm where n lafgeF amount Of
bills drawn against eesten exported from
ths United States would be likely 10 Ger
ire Than with any other firm IN the king.
dom, except perhaps one, that they hays
reserved d higher amount Of bills drawn on
ma nafsetarefs who had imported cotton.
than on Commission merchants. To this
striking fact we may add, which we do IN
good authority, that ali Inc Banks Of L1Ts
u poel are so full Of money. Of SO easy IN
in their affairs that they would be glad 10
make adyan noes on cotton bills OR on cots
Ion pledged with the customary guarantee
margin. Concerning The point, which has
made n great impression nj a distances. we
venture TO express M opinion on good tr+
formation. that the som Mt this FHpfnetk
advanced on cotton or cotton holders by
the Liverpool Banks does mi appfoHeh 10
the amount which they had adva ICED IN
this and the succeeding months Of the
yeaf 1889.
At this point ii would he desIrabls to as
certain 81 nearly ~ possible The increased
consumption Of cotton III Great Bfitsisa
Various circumstances render This moro
difficult ihnn in former years. The admir-
able precision with which HE Liverpool
brokers usuaIy eaIeulate The weekly con
<pnptieas il nov temporarily and IN small
. aesres. nj faalt, because IF some estton
J purchased in The STATES by British HanHt
Ifaettrsrs had been esftsd direct from the
chip to the canal or railway and has never
, come into Liverpool " ifehease-the stock
: IN which forftfa one Of ths principal bases
If The brokers' e#IeuIattonst
? II is impossible to estimate The inefesss
ed consumption Of cotton used IN The mix
cd fabrics made nj bradford Halifag, Hnd
: their pepuiotis yietnltles. We know IT 10
be ntleh greater Than the men Of Liver.
: peeI hav We. until a recent date at least i'm.
. aained. W. have been promised fHats
precise tfsfar nation on this sssbJsef, ahdtn
! the ~fasen.iese We must content ourselves
: With stating The general fact of large IN
: crease. FofmerIy the, warps of sch fl
:, brtcs we're made ffom hog wool, or long
: sfspled .vool N tho first shearing and in
y consequence that particular kind of wosl
generally commanded d prtee from five 70
ten per cent higher Than wool from the
sane sheep of the second or third shearlng
would obtain. Now, from the Substitution
Of cotton thfead fer vaarps, hog weolls lowe
y ~ in prlee Than that last described. II
sap be no trifiing weight Of cotton that
y can hays wrought such 4 remarkable chang 4
: rs this in mi extensive tfadss And ffena
: The bsst information, we eHn obtain, we
: arc # opinion That the increased vet k'y
: eansunpfiop Of cbstbn il above twenty per
g rent. h,absr than it was d yesf ago, Of
! A quantity equal 10 considerably above
:" goo 900 bales IN the year. We are also oi
: OPINION that the opening OF the China trade,
md the more favorable commercial f1tfL
: ,penes lust received from thai quartet, vii
!. ftr her stimulate ttads, and cause an add
: ttehal increase in the consumption Of tht
, raw material. 1t ~ stated that very little
more cotton u last years gtowth can mr.
= tive from me United states~-snos mor'
% Than seven or eight per cent Of our annns
consumption and that fle imports from
Isdia will be tesa and less.
If this view Of the subject be correct, W
, should mot be asfoafsked TO find The stoel
# If cotsoa On The LET Of January, Is4fs re
dueed pretty nearly 10 the amount OF sfaeI
49, held AT the IN f1ye date If fs43. If so 1t af
- a"e" 'fV -
a pears To- us there cannot be found a sate
=. invest u,ent for rtsensv than cotton at III
s. present NV prices. We know the d~'fffe'lf
if will be I o induce manpfa ctofers 10 CIV
higher prices but none Of them so long 4
50 fair demand for their goods CONTINUES
II will have any apprehension IN heIdtn
ii stock at about the present low pr1ees'
The Rev. ffamilfon Paul, On fseeis
the presentation TO he church and pafl
o. NJ Bfoughtnn, near Edinburgh, preached
farew. II scr fssan to he ladies' OF Ayr an
:. not n lift e 10 ths surprise Of his tar "be
tory, gave oat the text--'And tney u
upon PauI's neck and kissed him"
~ A william Shot We copy the folio
ing from the Abingdon Vngihian:
md ~ notorious scoundfel, by the nah1s
ar Ge,nas, who has been gHstty OF aIm'
every species ofellme, "as shot last We
,ith near The Stone Gap, Lee county, Virgin