The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1844-01-29

The imports Of American provisions into Lverpoo,
from December 4, 1913, to January A. 1884, were i70G
bbs beef 81 bbs pork 1926 casks and 1851 boxes cheese
,a4 bbls and $3.50 kegs Of lard 1892 kegs butter Of
casks hams.
This is very valuable trade in the present earl,
stage and WILL in a few years become of immense i'm.
otance to this country second to only other branch
of our foreign trade Thcadditional value and advance
onour great staples in foreign markets given to the i'm
mense quantity continually aAoat, is scarcely imagined
by those intimately connected with the business
rise OF half cent pound cotton, caused by great
demand for consumption, places that additional value
every pound in exis value caused by specula
ton is fictitious and subject to great and sudden huctua
tons, but value given to articles by the increased
sumption s permanent, and adds much to the actual
wealth of the country producing these articles An
advance American provisions and cotton in the
Liverpool market has an influence on every pound OF
cotton, beef pork lard butter sc. in this country whe
Their in the market out, for sale for consumption
vew Of these facts look upon the late advices from
Europe commercially of the most vital importance to
this country. The of trade is marked out for the
year. and staples will maintain fair prices and obtain
speedy sales.
Thcj movements in the cotton market since the late
arrival have been very curious The spectators in hi'
city doing all in their power to prev ent cotton from
going forward. By keeping back supplies from the Ii
verpool market and sending forward unavorable reports
about the CROP they are in hopes very large ad
will be realized there which will have
ponding influence this market Nothing short Of this
will create the effect they require. The course
adopted by the Bank Of England If adhered to- will pre-
vent very heavy speculatons in Liverpool That nstitu
ton has commenced contraction that will have very
beneficial influence the movements of trade throughout
the whole kingdom. The capitalists that govern that
great money power, have not forgotten the great
evils former expansion created and have adopted
the necessary steps TO prevent repetition
The hanks Of this country will take a different
course. To employ their capitals, they will dip
into any speculation and do all they to create
The state of the crop this moment requires the
most careful manogeme by permitting few individuals
with the aid Of the banks to monorolisc hc whole crop
prices will continue to advance, until they reach point
beyond the power Of the manufacturers to submit to- and
the whole will fall together Spectators not finding Il
market at prices setting their views, and without the
power to hold beyond a certain time, must all sub
nit to general crash and prces will find lower level
| than would be experienced ander regular supply
Of the demand. The manufacturers Of Great Britain,
in addition to the annual demanI from old markets
have just secured large customer in their East India
trade orheir cotton fabrics They consequently will be
in the market for their supplies ofraw materials early
rhe demand will principally be for consumption which
must be met but they will not nay cannot submit to the
ton that may exist either this or he other side
| ii the Atlantic, the consumer in fact governs the
| market and withdrawal Of the manufactures for o
very brief period wouldirun halflhc spectators in
both countries The operations in this and other markets
have lately been mode anticipated heavy advance
in LIVERPOOL This is very dangerous data to hazard ex
| tensiye movements on.
MOVEMENTS OF AMERICAN COTTON IN A''h''0G Total
supply
Imp 1872 hses t0isa5t Sk Dec 81 I3 279f90 1901 90
d. i83, dV l,393809 do d, ~, 1912. 2atNt l61g2l
do 1884, Es do i,2Ooooo do do 81, 1913. 1929 issJ2
This shows the imports from the United States with
the stock left the preceding year. which, added to thu
import she the supply OF American cotton each year
estimating the import for 1914, set down the yield
Of the cropa 800 900 bales, and allow for an ex
portaon of thirds which has been the per cent fo
| the past few years
The stock in Liverpool the 3Ist Of December, 1873 wa
00 bales than at the same period The previous
year this added the shorter crop of this earn th'
United States, will give supply quite as large as last
This cannot be very gratifying view to spectators
The. prospect will admit of much margin The pro
ducs of cotton who have sti the control Of their crops
should look at this great question carefully and cooy
We repeat whit have before said that the Spectator
are maxi &c ;cnt efforts to prevent shipments and