The daily union. [volume] (Washington [D.C.]) 1845-1857, 1846-12-07
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LIVERPOOL COTTON MARKET November l5.-For the
treek ending November 6.-The cessation of speculative
demand (unul this momlng with very moderate buying
the part Of the trade has left cotton market TO
tain itself the sole ground OF short CROP for may be
observed, that far regards Manchester and the
uiacturng districts generally, there is strong opposition
to raised currency, showing itself pretty decidedly in
the dull state OF business that important market
Whether be for yarns goods, the reports discour
aging. There Is also amongst the spnners strong point
being raised, namely, the working short time. We
ceVe that working short time and consuming less cotton
for considerable PERIOD must inevitably produce pow
eru effect upon the raw material both here and in all
foreign markets Ii is therefore pretty obvious that
less the accounts already received from America sup
ported by the next and subsequent adyces present
raised ground will be hardly tenabe In the meantime
although the business OF the week is limited, and has
been transacted for the part Sd decline and in
some instances lid the general tone and spirit OF
holders is that OF confidence in the article, and willing
to wait further advlCes from the cotton-growng dis
trlcs, This morning. probably in consequence OF the
disastrous accounts of storms and hurricanes in the Ha
yana which, It is conectured may have extended their
destructive effects TO the United States the demand has
become more active, and fair amount OF business
DOING but only at the reduction in price previously named
II Is inferred also that these storms will account for the
non-arrlya OF the southern mails which were expected
and due by the last Boston steamer 5000 American
SuTas and 500 Egyptian have been taken speculation
and 200 American, and 900 Surat for export 500 bags
Sea Islands are declared for auction on Friday next
Sales to-day, 1000 bags, 1900 being speculation The
sales for the week amount 10 O,l6O bales.
ANOTHER REPoRT.-The market has been very quiet
throughout the week, spnners buying to very limited
extent and spectators have also been inactive The
current qualities of American have been sold at I-sd per
h. cheaper, whilst other descriptions remain without al
teratlon To-day, however, there has been improved
demand American descriptions less freely offered,
and the market has assumed mer aspect Spectators
have taken 5000 American 500 Egyptian and 300 Surat
and exporters POO American and 200 Surat Sea
Island declared for auction Friday next Sales of
the week 0,l60 bales.
For THE WEEK ENDING Nov MISUNDERSTANDING the
limited demand behalf of the trade the raised quota
tons, as previously given, have supported themselves
from the currency of Friday last We STILL as we did
then rest upon the question OF short crop in the United
States; and Is, therefore, wonder that all
looking TO further accounts from America with much in
teest Our last advces almost, ii not entirely, unan
nous IN representing the crop that country not like
ly to exceed two millions of bales and, for the most
part, the estimate is much under that quantity There
can be no doubt, however, that two millions will be
too little for the full supply of European and Amer-
can consumption at their existing rate. 1t is this
tngency which gives much Just of alarm our
large spinning and manufacturing interests, and makes
us all anxious to learn that the supply of the raw
material WILL after ALL prove at least sufficient to prevent
the necessity of a compulsory reduction of manuacur
ing labor. The steamer of the LIST instant will, in all
likelihood be here tomorrow or the day AFTER and al
though may have nothing decisive by her, we shall
no doubt have letters OF much importance 500 bags of
auction on Friday next 100 American and 900 Surat
have been taken on speculation, and $50 American and
500 Surats for export Sales to-day, 5000 bales The
sales of the week amount to 80, 21O bales.
ANOTHER REPoRT.-There has been some slight i'm
provement in the demand this week, and importers
tnue to offer their stocks sparngly in prices there is lit
tie or change to notice. the market being tolerably
well supported The sale of 500 Sea Island is postponed
until Friday next. 100 American and 900 Surat have
been taken speculation and 1,25O American and 500
Surat for export The sales for the week 32210 bales
. NOVEMBER l4-fhere has been fair demand to-day
both from the trade and speculation well for eX
port We estimate the amount of business 1000 bales
5000 being for the trade, and 1900 for speculation and
export.
NOVEMBER l6-We had more active market to-day
caused no doubt by the Caledonias advces The sales
5000 bales and include 5000 speculation Prices
are unchanged, and very fully supported
NOVEMBER 1.-THE market remains quiet but there is
not any change prices Sales to-day are estimated at
5000 bales, including 1900 taken speculation.
NOVEMBER lS.-The market to-day was quiet, but at
the time steady, and the prices of Friday last well
The sales estimated at 5000 bales, and
include 1000 on speculation Among the sales 1000
American at sd. to ID