Mississippi Democrat. (Carrollton, Miss.) 1844-18??, 1847-02-17


or The follow ng is particular state.
ment Of the Liverpool Cotton market.
from Dec. 4 TO Jan. a, as brought by Tho
Hibernia:
"The month that has elapsed since
the sailing Of the steamship Cambria has
been one of the most remarkable ever
known in the history of The cotton trade
On the 4th uIl. we stated that the market
was in an excited position, and gave il as
our opinion that the adyices which the
steamship Britannia had brought home a
few DAYS before did not warrant the ad.
vance which had taken place in the value
of the article. The operations during
the greater part of December exhibit as
unusual amount of speculation; but the
most exciting time by far was up to the
10th ut. The chief reasons given for
such undue speculation were the known
deficiency Of The new crop ia America.
the shortness Of the supplies in shipping
ports on the other side of the Atlantic,
and the corresponding insignificant stock
on hand in the United Kingdom These
considerations had been influencing the
mind of trade for some months; but il was
not until The arrival Of The Britannia with
advices from Boston ia the 18Th Of No.
vember that the workings of wild lmagi-
nation on the part Of SPECTATORS became
peculiarly visible.
The Britannia arrived on the LIST, and
the excitement commenced The following
day, and continued up till the 10Th, the
sales from the LIST 10 that date reaching
the enormous number of 550,970 bales.
The excitement reached It's climax on the
] 4th of December On that day no less
than $4,000 bales changed hands, of
which 10000 were taken by spectators.
With such an excessive de nand, prices
1T once rose far beyond the calculations
Of the most sangune. Since the 10th the
market has been more quiet, but occasion
ally spectators have come forward and
augmented the sales, as well as preserved
prices, which assumed declining tenGen-
" from finding their former level. The
business done during the last fortnight of
December, amounts TO 53, 80 bales
The total sales of the month, therefore,
amount 10 upwards of 100000 bales, and
he advances in prices, as compared with
hose quoted on The 4th ultimo, are, for
bowed Georgia. I'd. to Id. per b.; Mo-
bile, Ad.; Alabama and Tennessee, Id. 10
I'd; New Orleans, 3D.. TO Ad.
Liverpool cotton market, December 81.
The market opened on Monday with
an increased inquiry, and but for the high
rates demanded, a much larger business
would have been done. The sales amount
10 3l,Sl0, of which 10000 are on specu-
ation, and the depression in prices no.
iced last week has not only been fully re-
sDverei / for all descriptions, but an advance
IF = to ] IA in the current qualities of
American has been generally realized in
he last few DAYS. After the actual stock
vas taken yesterday, (Which proves won
ierfully correct, as compared with the es-
'mated stocks,) the letters by the Ameri-
AN packet having been delivered, a great
ale sprung up, and the sales for the day
we're $4,000 bales, 10000 being on spec.
Ilation al further advance of lis per III.
Today 1000 bales have been sold, 5000
spectators, and the market closes firm
1 the above advance.
JanUdry.--The sales to-day amount 10
1000 or 1000 baIes-the greater mart
'eIng taken by spectators. Prices con-
lnue firmly supported.
January 2.-The market TO dav has
een firm and steady, the sales esllm,ted
1 10000 bales, principally on specula.
ION. Prices are firm; the chief part of
he cotton sold was American.
January 4.--lO,000 bales exchanged
ands today, of which about 5000 or
1000 were taken on speculation. Prices
ontInue unchanged. The business in.
luded 200 Surat at 4ad. to 3D.; 70 Sea
'land 1914; and American 74d. TO a.
MICROSCOPE DAGUERREoTYPEs. - The