Holly Springs gazette., 1845-09-27

5000 bales TO Western States The iR-
crease In the exports to Great BRIAN over
last year is 5S.2l3 bales, TO France 5.O4U
and to other Foreign Pos;s 54.73l, while
to United States ports there - deersass OF
%. .743 bales. aIributabls to the fact that
while last year large quaniiues were sent
| forward TO ;he North on speculation. ands
| there resold for the European markets. tae
operations Ofthe pas: season have been
more exclusively confined to the filling OF
/ orders for account of manufactures.
Thus The crop oflS44 has been Opposed
ef; and 1t affords US unteigned pleasure TO
state that the market opens upon the new crop
with more encouraging prospects for rea-
dy sales, al faR prices, Ia fks regular and
legitimate course ofkais important trade,
than have NAKED the advent OF any similar
period. ut least for many years gone by
| As we have before remarked the old crop
has been almost wholly cleared from this
and the other shipping markets ofIhs coun-
try and the Northern ports appear to have
/ but moderate supplies for he selection Of
manufactures. until they have opportunity
Of repleniehing their stocks from free arFI-
walls OF the new crop. tits true IN The
great controlling market of Liverpool the
stock is sill very large being al the latest
dates ,e5S, 600 bic. against 99S. 600 same
time last year; but 1t is interesting 10
observe that the combined stocks
of Liverpool and Havrs. the two leading
| markets % Europe. are only 5000 balea
greater than at the same period of 1914,
while very large increase has taken place
IN the current consumption. This increase,
at Liverpool alone. has bssn equal 10 about
5000 bales per week sinre the opening Of
the year. the average weekly deliveries Ter
the six months ending July lsl being g. sal
bales, against q. oil bales laat ysar-equal
to annual increase. without any further
extension of the consumption, of 100000
bales. Il seems probable, however that.
with favorable harvest. lot which there
were still strong hopes at the date Of the
last adylces, though WITH some liWle appra-
! hension) and continued activity in the da-
maud for goods and yarns. particularly for
the markets of the East elk months sucsesN
ding the lst July will witness a still further
increase in the amount taken by consumers.
All the mills of England were working
full time, with orders in advance of fproduG,
lion, and new machinery waaTapidly bainF
: pct ia operation, the manufacturing trade
! appearing TO be 10 more healthy and pros-
porous state that at any former period known
!, in is history. Il corresponding degree OF
prosperity is also observable IN the Cotton
/
seems strong probability that nOtwlthstans
ding the material increase ia she supply
during the past season. the leading markets
of Europe viii enter upon 1916 with smaller
stocks than they proposed az the Commences
ment OF the year. To this gratifying pic,
tuTe OF the state ofthe Cotton Trade ia Eu,
rope, we take pleasure in adding that the
manufactures of our own country present
a condition OF activity C prosperity which
is without parallel in the annals Of any
former period. Every loom il in active
and profitable employment. and Rew mills
are springing up IN nearly every section Of
our wide-extended land. To meet this in.
creased and increasing consumption
throughout The world nm ample supply Of
the raw material will be needed, and
there seems to De a favorable prospect that
our own country will be able 10 contribute
liberal share 10 the general stock. The
4 psriod of the season. howevor,is too early
TO form any accurate estimate of the prob
able extent of production, and we conceive
it 10 be neither safe nor polAic 10 put forth
any specnlations Of our own in q matter Of
so much importance. and which IS Ehroudsd
| in so much uncertainty by future possible
contingencies as 40 be Beyond the penefra-
tion Of ordinary pTesscience.-ExFsri
has shown the futiiiiy of sarly estimates In
/ figures. as a general rule, and II iaR fixed
principle With Us to avoid thair indulgence.
| Nevertheless il Is our province 10 speak Of
present prospects, and we have TO remark
that through excessive drought, throughout
the season in Georgia aud South Carolina
and lalteTly in Aabams. will doubtless con-
silerably diminish TIE crops 10 those States,
particularly the two former. yet fromzprea-
ent Indicators il seems likely that, fgifh .
I favorable picking ssasoa "a contingency
upon which the extent of the crop now
mainly dependsl the production Of The fieh
region Of tbs Mississippi valley will fully
compensate for any falling of IN the States
on and near the Atlantic.
The frat two bales Of the arop now
coming forward reashed thia market on
the aGsh aud 3lsi July. being seven davs
later than the frst receipI OF the last
crop. and one tale. chasing Fully Fair 10
Good Faif.stas saidto have been disposed oi
at the fancy price OF Is cents per ID. The
first sales of any conse quence, however
were al LA 6al-2 cents for Good Mid.
ding 10 Good Fair. there being an active
enc sl1y for the earliest receiPss. on the part
of buyers for France and the North, and