Holly Springs gazette., 1845-09-27

which We refer, asd by which it will be
seen that the total receipts at all the ports
are 24IT. 6l2 bales. This amount includes
-. .l59 hales of Texas Cotton, received al
This port; and when the item is deducted
and certain additions are made for the
stocks at Macon. Augusta and Hamburg,
| receipts overland at Philadelphia. Baltimore,
&c, the Crop ffAe Uatted States. as made
| up by the New York Shipping and Com.
mercial List. will probably be not far from
2.4C0.o00 We now proceed to a 6rief
history of the progress of our own market.
The first few bales OF the crop of 1914
reached this market on the 23d of July, be-
| ing twenty-five days earlier than the first
two bales were disposed OF st Ii 8 IL l-2
cents. the quality being Fair to Good Fair,
| but these were mere iaLcy rates.as is usual
with the first few bales of new crop, the
general market range at the same time
being 4 cents for inferior 10 Fair of the
old crop. After the ist few bis. came 10
hand the receipts were unimpo.tsnt for
some weeks. and no sales of consequence
took place until the latter part of August,
when some few hundred bales were dispo-
sed ofai Ia Z 8 cents for barely Fair
| to fully Fair, the market presenting a de-
Ginning tendency. and on the lst Sep. the
quotations were down to 8 Ia 8 cents for
Middling to Good Fair. with some demand
| tor France and Mexico. the receipts OF the
new crop being 5720 bales against 292
bales at same time the yearprevious From
tais period supplies continued TO arrive
very freely, and there being but limited
number OF operators the stock kept steadily
increasing. which, with unfavorable advi
ces ftom abroad, caused prices to be con.
stantly tending in favor of buyers. and by
the lst Dec. the quotations had fallen To-
8 l.2 for Inferior up TOT Ia cents for Good
Fair, the figures for Middling to MiddIing
Fair, which descriptions comprised the
great bulk OF the sales, being rs "a
/ cents. At this date the receipts had reach
ed 242 GOO bales. and the sales les ,000-
leaving on the market. including what was
on hand lst Sept, the very heavy stock oil
90, 900 bales the total stock, including all
on ship-board. being l25, 5000 bales. Aboui
the lst of Jan. the greatest depression took
place, the immediate cause being further
discouraging accounts from Europe, s. lhs
prices of Mid. to Mid Fair fell TO 8 &
5 IL cents. the extremes being 3 a | z
cents Tor lnforior TO Good and Fine.-Thsse
remarkably low rates. however, soon induced
disposition to operate more freely. aad
under the influence of an active demand
assisted by more favorable accounts from
Liverpool. the market began gradually 10
recover from lis deep depression. and by
the latter part OF March prices had improved
TO cents extremes, the quotations for
Midd'ing TO Middling Fair being S asa
6 2. Al this point the important: intel
lIgence was received from England that
the British Ministry had recommended a
total repeal of The duty on raw cotton and
-tba o,,a. al
upon as tanta mount TO its passage into
law the immediate effects here were increa.
sed activity in the depand, and an advance
Of 8 8 a 1>2 cent per 10. From this
| point the market continued steady, with
we'll sustained prices, until the last of May
whenincrsssing supplies of Tennessee and
| North Alabama ConoHs, and advices ofa
decline In The Liverpool market. caused
prices TO recede again 10 s 2 6 ls2 cenis
for Middiing to Mlddling Fair Louisianans
and Mississippis. the extremes for Tennes
see and North A Alabamas being IA a
| 6 3.8 cents. From this perioI the market
began gradually 10 improve again, and-th
receipts continuing light the MAJ ket by The
first of July was left nearly bal 0. the rates
| for Middling TO Middlng Fair Louisanas
and Mississppis being al and for
| Tennessee and North Alabamas 1 I2a
g Sd cents per ID. Since the ist July the
irensa ctions have been quite unimpor.ant,
owing entirely 70 want Of supply, as quite
an active enquiry has existed, and such
few lots as have occasionally arrived for
sale have readily found purchasers. at very
full priess. A more thorough and eom-
plete clearing out of the old crop we have
| never before known, and II will be
that the exports from this port since the Isl
Sept. exceed the imports for. the came
period. the closing stock beng some $500
bales less Than the quantity on hand al the
opening ofthe season. The recovery of
the ma .ketfron It's greatly d,presssed con.
dition is partly attributable 10 tho FREQ ad>
mission of lie staple into England. and
partly to the prevalence Of unusually low
rates of freight, but the main cause i TO be
found in the rapid increase of consumption.
the opening of ne1 markets for manufas
! lures having enabled the consumers of the
raw material 10 extend fhsir operations un-
der circumstances more highly prospereus
than have attended any previous period Of
their history.
The total reseipts at this port since lat
| Sept. last. from al souTses. are 97G.2s6
bales. This amount inciud, % ,953 bales
received from Mobile nd Florida, which
- a a Il