The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-01-31

Below we give extracts from a Cotton Circular pub
lished in this CITY, 1t gives all the details of the market
since the last steamer-
I" In last Circular, published on 10Th December,
entered somewhat length into the which have led
to the rapid adv Cotton not only in this city but
in all the Southern markets since which date nothing
has occurred which tend in the smallest degree to
show that the increased price demanded for Cotton
we'll founded The causes which led to this enhanced
value have been augmented far to compel parties
who in the early part of the season. were firm in the
opinion Of 1000 900 crop, to reduce their estimates
tiwe find many long crop men, calculating upon
crop varying from 600 900 to 700 600 bales while few
il any set il down bales the latter being
tho most generally received and credited opinion here
The greatest falling of in the receipts. will be at New
Orleans owing as we stated in our last to the unprece
dencd heavy and long continued rains. From Mo-
bile, where early in the season, supposed the
ceps would prove quite as large last year
cevng materially diminished estimates Of supply. From
Atlantic ports and Florida have nothing new the def
cheney there will notbc great in New
leans In the early part Of December it supposed that
much cotton then in the fields at the extreme South and
Southwest would be gathered, though Of inferior quality
later information from those points, goes prove that
very little of this would be saved owing to continued
rains; hence the cause Of the great dminnton In the
latest received estimates Of the crop those which pre-
vailed early in the season tmay be urged by parties in
teresed in the article abroad that the receipts at the
ports compared with last season. do not show falling
of sufficient TO warrant belief in these short estimates
We would call their attention to the fact that last
the rivers and water courses, throughout the whole
Cotton growing region, were very low-that much
difficulty was experienced in getting the Cotton early
to market while thi, year il is admitted, that the
very reverse was, and is the case; and that the
crop this year will be early in market--the advance
acting as a stimulus to Planters to hurry their Cot
ton forward That the wet weather and consequent bad
roads have prevented from benefng by these adj
vanages ready to admit but the great have
strained every nerve to get the Cotton to market the
particularly has this acted incentive since for
two years past they have been poorly for
their labor.
1.-THE stock in this city is rapidly accumnlatng and will
continue TO do until prices abroad assmilae
those current in market There considerable Cot
the way here from southern ports, and many ves
sells the berth loading. The exports to Europe and
more particularly TO Great Britain, are comparatvey
light and show great diminution compared with last
year and will continue to decrease in proportion until
the arrival Of the steamer Of the ath February after
which date look for larger shipments, depending
somewhat the tenor Of those accounts whether pur
chases made for foreign account or the present
holders OF cotton, themselves become shippers. We
do not anticipate much change from present rates.
have made up their minds to wait their arrival Should
they prove unavorablc. prices ~ recede until they
reach point at which exporters be induced to enter
the market as the stock in all the ports is becoming
burthensomc: Should II appear, on the contrary.
that prices have advanced in Europe. which at this
moment would seem very natural we shall have
newed activity and speculation in this countryprices
will rule still higher and operators may succeed in hold
ing back shipments for some time longer
1.-THE present month has been the heaviest in cotton
operations known in the city of New York. and will
form era in the history ofthe cotton trade ~ this
try We purpose giving brief sketch OF the operations
Teach week. For that ending Saturday, 9th Inst, the