The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-31
II. closing quotations. ia TIL. market, ware Is an.
npooL CLAssirrcArIos


]
Southern Cotton Markets.
NRw ORLEANS Jan l5-The Commercial Times gives
the foil wing review of the marietta nth has now
elapsed since last had tho pleasure Of you
by the Cambria and though the interval has been marx
ed by many nuctuaons in the value OF cotton yer me
general tendency of prices has been constantly upward
and the market now fully one per cent ABOVE te rates
quoted the 18th ult.
Referring back succinctly to the particulars of the
months operations il is merely necessary TO state that
the sales of the 18th and 10th ult amounted to $500
bales without any change ia prices the quotation for
middling to good mddins being 91s ga per 10. The
following week, however, opened with an active de-
nand ami during the first five days purchasers took 2s
the Cambrias accounts received, and diately
produced an extraordinary excitement, accompanied by
speculative purchases which swelled the business Of
the day TO 1900 bales at rise of fully *, per h. The
entire sales OF the week reached 80, 700 bales.
During the early part OF the following week there
was no abatement in the demand, but the contrary
increased disposition TO operate Of which holders
avaed themselves TO contend successfully for further
advance oil q 4c, but towards the close the market
became quite inanmate with corresponding esq erness
to SELL so that the transactions Of the week i.ed
to Is 200 bales.
The speculative support being thus suddenly with
drawn the market began TO exhibit very decided symp
toms Of heoviness and at the commoncea ent OF last
week rricos gave q &c, and this cline
holders found il very difficult to effect sales This state
OF things continued up to Friday accompanied by
quiet market but on Saturday the demand opened again
anew, chiefly on the part of Northern buyers and atho
transactions reached 500 bales, at gradually sfenns
prices, which closed firmly in the evening at on improve
OF the week
INC sales q tha past TOUR days comprise 1000 bales in
GLIDING 600 disposed of yesterday the market having
gradually acquired more hrmness, until prices
on level with the extreme rates paid on the receipt of
the Cambrias showing, before observed, rise
OF cent during the month.
Ii will be perceived, referring 10 the subj oined
particulars OF the Sales that the demand has centred al
most exclusively the midiling qualities, circum-
stance which explains itself tho readily from the
fact that there has been thus far remarkable scarcity
Of ordinary Cottons this indeed the absence Of
these grades has been a general of complaint
cotton are likewise comparatively neglected, the
for the North English BUYERS have laterly operated
to very limited extent and the bulk othe business has
been transacted for home market For the continent
OF Europe there have likewise been several purchases
and speculation the spot times helped to
crease the amount Of sales The entire business Of
month has amounted 20 s5 500 bales
The lapse OF another mon has effected no change in
the views OF wen formed parties the subject OF the
crop AT first blush, this remark may appear singular,
when taken IN connection with the general approxima
ton in the receipts which show increase at all
the ports, OF 3,sl4 bales last year This cor.
tingeDcy was already anticipated by in pre-
vious circular, wherein We took occasion 10 make
ing forward the present crop to market have been
lar better than usual Independent of long continu.
ance OF foe weather which has enabled planters TO haul
their cotton to the various landings the navigation Of
rivers has been infinitely better than the
arrivals OF late have gained those OF the previous
season and from present appearances, should not
be astonished to them fully equal the receipts of the
last crop at some period in the month OF January"
Prepared as We were then for the realization Of that
prediction satisfied that the increase has
very nearly attained its maximum AZ this port the re.
ceips are not estimated at $50 900 bales and many
parties predict they will be less OF late the arrivals have
forward very freely planters being nduc to hurry
their crops to market anticipation of any favorable ad
vices that may reach us from side When last adj
dressed you the current estimate of the crop in
this quatter was 800 900 bales and we still adhere to
these figures, Notwithstanding that many parties have
lowered their opinions 10 $50 900 bales.
On referring to our comparative tables annexed, it
Will be perceived that there is falling off in the arri
walls at this port Of 1877 bales ganst the period
last than ,zF,
ports, shows increase offs sl4 Daes the exports
Great Britain there is falling Oft of 1892 bales and
there is of 10 99o; showing total falling of
in the shipments Of 1919 o96 bales against last
ss7 bales which Is ass Louisiana and Missspp Is $40
Tennessee and North AIatnma $50 Floriia Lake 1913;
Mobile o'7 Texas e.against exports OF $4,000 bales,
MaIseiiles l0l2; Bordeaux 50; Nsnz 745 Antwerp
,6s2 Hamburg 90i Barcelona 34s2 Havana l7s Trieste
39i7 Genoa s92; New York 4209; Boston l54o3; Pha'
delphia Sal; Portsmouth, N. H. sos; Baltimore 10
leaving stock hand including all ship board not
cleared yesterday, of ia, les bales
LIvERrooL CLAssFcArroN.-Louisiana and Assis
sipp-lnferor o; ordinary 91sl94; good ordinary 956;
midlog io1S sloli; good mddling io9Salo'a; middDg
fair l05sal024; oir ial fully fair ls good fair llaa
II; good and fine l21i.
JAN ao-Our last report left tho cotton market in
very firm position. and most holders were claiming
somewhat higher rates than our quotations This
firm stand Of the factors had the effect to check the
operations OF purchasers, and the market satur-
day was exceedingly quiet, the sales barely reach
ing 500 bales On Monday there rather more
business done the sales amounting to 500 bales,
but still the market exhibited little activity, though
in the transactions which took places prices were
tolerably well supported Yesterday rainy disa
greeabe day, and partly from this cause perhaps there
was nothing of consequence done, though it was quite
apparent that buyers generally not disposed TO enter
the market at the rates claed and prices though with
out any material decline may be considered some what
easier than at the close CT our lnst report The
sales yesterday sere barely 1900 bales, making a
total for the three days Of only bales taken partly
Tor the North but mostly for England and the Continent
The total receipts at this port since the LIST September
374 57S bales against 1853 257 bales date last
years showing decrease of rs 2s4 bales; while in the
receipts at all the ports, up TO the latest dates,
pared with last year, there IL increase OF 2i62
bales. In the total exports from the United States
10 foreign countries, compared with the same
dates last year. there is decrease OF 1871 356 bales
to Great Britain and 6,l29 to France, while to other
foreign ports thare s increase Of II .636 bales.
COMPARATIVE PKIcEs or CorToN AT THIS DATE, IN THE