Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1843-09-16
Total.
1912

A
With regard cotton during the seoson 1T - -:
Closed the Editor says-The first bale of the new cro
reached this city on the 9th August and bv the ooh -
me same month sales OF li3 bales had been made
:. cents, for parcels chasing from good n,ddr, - 7
pool fair GA the LIST OF September we Ind rocsJ Ia,
% o inc ne" crop against 3li2 bales the year before
ne market was now iairiy opened, with prices ranging
from II 10 cents for ordinary to good fair oT bs 49,;
pool classification There being bot few BUYERS boweve
1 cary period, and the supply being the increase
holders were compelled yield little and Nv Tho riJ
OF october under continued adverse accounts from Er
ana constantly accommodating stock which had now e,rb
Gu oil oOOOO bales, the market had settled down
70 % - cents Tor ordinary good and fine Tbs Coz,
unned u be about the range with some few Ar
~ On intermediate qualities, until the early part of
March when Inferior North Alabamas fell as low a. a. c
% ii' eNtHc point OF depression the market began 10
recover ana Continued remarkably steady with la9. h.,
es IN the lace OF accounts, certainly Of no very cncour
aging Character from the other side of the Atnrc a.
e season closes with the stock of old cotton in fsc,o
hands reduced 10 the uncomfortable amount of son Isno
ts' ahd IN state which only manfests increased
hnness IN prices but which only lacks the ouan,i,v sDJ
required to exhibit positive advance over the rate.
OF n few weeks back" ~
Great Britain has usual, been the larges, customer
ana me increase OF exports that country has been in
ratio altogether Unprecedented being GO 13S b, go,
f-JO or an increase OF 257 9sS bales from \ Orleans
Iohe france has taken less than last year-say lsOs SIS
oaes against ls3 232 Other foreign ports inciudin ,
North ct Europe, the Mediterranean West Indies e.
nave taken 9ii2J bales against a 7I3 being an ncea
o ABOUT lOO per cent Our Northern manufacturers nave
also oeen more liberal customers, the Exports TO H. S,as.
ports being $4,000 bales agans, % COO or an
$1,000 - $50 Se VI
The editor adds:
Ihus then, has the immense crop of 1912 reaching in
s'oS receipt tins port 10 lOs0J0 bales anu exceeding
e mos sangne estimates been disposed of: and abous
prices nave ruled low beyond precedent vet when tho e
"n' oil poducon and attending circumstances are con
suefed we doubt whether any degree Of foresight or
could nave obtained favorable result The iots
receipts OF all the ports, according to our General Sbl
are 2,3s3,2l5 bales 4""'e'
Among the peculiar features developed during the past
season we may notice the increased activity and extesio
:" our nome manufactures consequent upon more favo
faoe adjustment Of the tariff the opening of rr,da l.;
oous and Cotton with China. This last ne resource has
Ieauy attained some considerable importance in yie of
me brie period that has elapsed since its
ana spirited rivalry appears maintained between our
own country and Great Britain for ascendanev in The
markets OF the Celestial Empire Already as we see
stated IN the Northern papers, have Cotton goods IN the
extent Of I0OOOOOO yards been shipped from This country
10 Chha while only II 100000 are known 10 have zone
from England and If the OF the American Mann
aeufe IN ts enterprise be equal that which has stend
co MN III other parts Of the world in his competition with
Ae BRUSH tor the supply Of heavy fabrics the rivalry will
probably not be OF long DURATION unless some modification
o. me uues on the material should give more fave
aue position 10 the manufacturers OF Great Britain From,
our own portt"o cargoes OF cotton amounting 10 1oO3
oa'es nave been shipped direct Canton and other shin
ehs hough we know what extent have beep mad
from the ports of the North.