The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-01-02
Cotton Market

be con.idered as fairly opened though market has
hardly felt its influence as yet except as snecea Dy
corn and other products of the ceuAtry begin to in
freely As our market 10 well stocked at present. we may
evidences Of thrift and prosperity to stand out every
department of trade 1t may not be amiss to state tnst
the reduction in the rates Of freight between this city
and New Orleans has materially lessened the prices Of
Western products Of all kinds a. will be seen on refer
ence to our quotations below, Supplies may now be
other in the country The weather during the week has
been generally favorable to the transaction Of business
activity noticed in our last report continued in this
ket During that time price. improved fully c and IN
some instances more The daily sass nayS
$500, Friday $500 and Saturday 1000 bales. On
this day holders, towards the close Of business hours
check operations-asking 81 cents for low class mid
dings. In some few instances oMc were obtained On
stood Soo and only some 400 to 500 bales changed
hands and these generally at current OF FRIDAY
evening and Saturday morong Yesterday . holders
buyers, but there was very little DONE the sales last
evening only counting up some 700 bales This makes
principal transactions have been for France and other
continental markets. and for Great Britain some ON
domestic 1t should be noted that the high rates
Of freight checked operations to considerable
tent during the entire week. The market closes quiet
Remaining that some factors are asking higher rates and
refuse to sell except at an advance on these figures 1t
should also be remarked that the MARKETS comparatively
hare OF ordinary and low class cotons the
figures nearly nominal for these qualities Liverpool
classification Ordinary, 81 40; middlings. 94 a9H;
Good and fine, nominal The receipts Of the week are
1895 baesexports 644 bales and stock hand last
Sse. The deficiency Of Cotton at this port a. compared
with the receipts Of last year at this time bales
m scs the
ports will be scarcely realized Many careful observers
set down the receipts at New Orleans at 100000 bales
and the opinion gaining ground that 3l 0J0 bales at
this port Is large estimate. Should these views be
abshed the crop Of the country cannot exceed
bales the receipts at the Atlantic ports shall exceed
is thought to be improbable important to observe
that the falling off in the receipts is In the Gulf ports
whore the average weight Of bales largely more, pro-
baby 100 lbs moro than the average in the Atlantic
States, where the increase is expected
transmitted by the steamer Caledonia left the cotton
ket in heavy and dropping state having been unia,
Also by increasing stocks advancing iregSs and dec
ming exchanges subsequently, the market continuing
dull further decline OF an per cent was submitted
to, which had the effect OF bringing forward more buy
ers among which were some two or three new opera
tors and the sales for the week ended on Friday evening
500 bales the market at the close having recovered
nearly all that had iost IN ne early part OF tne week,
except at an ADVANCE until IN Of the later Eu
roPean accounts expected by the Caedonia THESE &C.
counts were que ABOUT saturday the 2n out
the mail OF nat DAY came through without bringing any
intelligence OF tne Sc amer ana quiet DAY en,ued the
oo.nb " 80 so. f.'So.
On sunday and MONDAY the mai iaileo from beyond
Charleston. but during the latter day there was
again more acuve enquiry ior COTTON, and the
SAFES reached some oogo Daies, prices WHICH nav,
ing graaualy sunehed, exmpited IN Improvement OF
ABOUT an Of cent upon the rates Oh the previous
week. On luesoay' Tue Ioth instant, no nun came
inIougn oIinghg 'ne Iun accounts PEI Cseaonla ana
te or hotnne was zone IN .ne carry part Oh ue gay
perues peh9 genersny engs3ea n eAanins theH cor
EesPoneence ou. suosequeay ar snquIy WAS exPS Pc
tiencea ana saies were enected 70 ne ex.e' OF oovo
pales prsvous Prlcss Oeins iuAy msln.ainsu, no'wn
anons tnat tno aavces a,a NOT 70 De .,
nonsrsoes " Nv s.s.a h, ,;S . r y
@ e wa sUo S P S me :" dn. %
.on onerng anu Tue sesS nr po; ; y, pre-
vo..u SIo i S ~ * ~. sno ~, az
W.. "Iy ,h t sns " @ ot" h;h
MI T ~ wha Th i ; ~ % ;. w,v
VIII 40 o oon oSu e ioS s r e o. an .t
" 11,"ev uu0., .aAom Pi10Py .h rSh "a a ,Sar
CoIM, WI" soos PsASe ~. ~. . ,,riu. AZ.
..ns nar;nd hans hsen AZ a7n bass on
; PEW d M;; n:e "a sn North x,ehoma ond Tsn
nss aI ~ oss ArLppnsas SSs Mohs IaI Taxase
s t $50, , =. I'll; ~, s;nca Is, Sn,.hr oro
244 sos bales against 3s5 42s bales at same date last
year; showing decrease of 30 $50 bales; which is
6S7 bales than the decrease at the date of last
circular In explanation of this may be proper to
mark that the increased receipts at this port which for
two weeks past have been considerably larger than
during the period last year, attributable mainly
tohe fact that's material portion of the arrivals has been
from Tennessee North Alabama and interior portions
Louisiana which sections