Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1843-07-22

THE PROSPECT or PfhHTEE5.--A clfEalaf
from one of the most intelligent merchants OF
New Orleans fell into our hands the othef
day, ffotn which we think proper to make
some extracts. The document presents a
s]ugcirct comparative view Of the English
Gotten market during a certain number o.
months Of 1872 and AZ, froin which the con
cltRi01 II in favor Of tflis year, and otlief facts
considered, the inference Is, that the market
If 1914 viii be an Improvement on that OF ~.
circumstances orer which this country has
no control. seem 70 favor this position, and We
firmly beliye that unless the next Congress
interfere fatally with our commercial arrange
rnents, tho day OF prosperity which dawned
for the states Tie hour the present tariff law
was adopted, will 70 on unciouded and IN
cr~easing in brightness until it attaihs the full
glory Of hoon-day s~plendor. This, our nicr-
camille friend (aild there are few more capable
Of iudging) soens to apprehend, although he
adverts to The condition Of other countries to
show that there may be too much Importance
attached to the tariff question by some in the
United States, and that the present nature
of things appears 10 guarantee a better mar
ket in future for our cotton and sugar,
He says, under date of July ID:
"Ihe European ndyiees of the 18th OF
APRIL we're those to which | advorted in
the circular alluded TO above. Since then,
we have had n Succession Of arrivals, the
last bearing date TO The 18th ultlmn, and
in NIL Of them we find Tie Same confidence
rennsed in the fnture-the same undlinln.
lshed consumption, mud Notwithstanding
the enormous imports, the prices have va.
ried very Ilttlo subsequently. either there
or in this cotntrv-a remarkable ctrcnms.
lance for the cotton trade, only 10 be &C.
counted for by the accurnte estimate OF
our rrop on both sides Of the water.
BY the ndvices now in our possession,
the receipts into England from the LIST OF
! the wear 10 the 10Th Of June were LOO,
900 bales against 73s. 600 bales III same
period of 1912. md the stock Oh hand at
corresponding periods was IN 1913, $4,000
bales, against 100000 bales IN 1917,
showing II surplus stock THIS year as com.
pnrrd with the last, Of $4,000 bales, the
consumption at the same time being rated
at $4,000 bales per week.
In lIavro the stock compared with 1912
exhibited n vorY small excess owing to tho
extreme caution Of the French operators,
and in tho. other potts Of Europe, where
cotton is usually sent, there was The Same
,nmhtpriaI difference. The current prices
tn those two lending taorsets. liverpool
and fiavre, would yield to ssil1pFers hence
from ! tn s. cents for inferior 10 fine, TAX
INC into view oar present rates oi freight
which il I'd per ID, and Exchange 7 3,4
premium.
Considering the immensely Of our crop,
and that it has been pushed forward more
RAPIDLY than in any other former season, it
Is n circumstance worthy Of notice, tint
the English trade have borne tho pressure
with mpre f]irniarss than was anticipated,
W hich can only be ascrlbud to The belief in
tho gradual restoration OF prosperity, so
soon rs those two great outlets, India and
China shall have settled down tn their
n~encefnl routine, and commence rcplenIsh.
ing their exhausted stoclSs Of goods. a
part too must be imputcdto the impression
that orr crop this season will be Of reason
able magnitude, not to exceed 1900, 900
bales, and certainly, from present appear.
nntes, the quantity 10 not likely 10 he
greater.
The stock If cotton now in this place
consists rf n few thousand bales II hfch are
going of in small parcels at 4 II s cents to
FIJI up mixed cargocs, and soon We shajI
be completely swept cIenn, prepared &c
meet the growing crop, which | trust will
be Of good quality, IN case VIC should be
unfortunate III the quantity.
The accounts from tho sugar districts
arc not so dtscouraging rs from the cotton
regions, and, free from nm carly frost, a
oood crop will TO doubt be realized. II is
not ,;obal,le that the duties on this article
will he touched, but even If they should be
my opinion is, that moro Importance IS at
tached to the subject than it deserves. The
West Indies. British and all, with the eX,
~ception of Cuba, are becoming every day
more and more worthless, and from Cuba
the quantity which can be spared will not,
BIO assured, affect US materially, or long.
provided our planters arc satisfied with an
average of S cents, even though the duties
were removed altogether which cannot
be the sense of our government. The
small quantity on hand commands A a 5 LIZ
cents Molasses IL a 81 cents depend
inr on the condition of the barrels"
A HOME MAEkET,-One Of the delusivt
arguments of the Tariff advocates is, that l