The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-10-01
CONnIERCIAL INTELLIGENCE
tseD Cotton Trade.

On the 18th inst the French Steamer "Union" ar
rived With Liverpool dates 2sth ut advising de-
and .Stsies on Nsy Srls.ns and Mobp few
letters being received by this conveyance On the
eoanrmi the above decline, and advising of con-
tinued money pressure, with q determination on the
tim. WORKING again Holders here had looked with much
confidence for advance by this packet and seemed
much disappointed At the general Of the sdvces
which induced them to supply the market freely
and the result has BEEN that prices have continued to
sink almost daily, until quote decline equal to
full half cent the rates ruling at the date Of last
s purchases made for have been mainly for the
us, and other Continental ports, Liverpool buyers
icipating only to limited extent, sndiny
easy freight market The sales tor the week ending
26th inst 1000 bales Since to date 5000 bales
dsvs but r. the chic. lots which were pressing on sale
have besn disposed Of prices have gradually ed
sts.disr aspect e the quotations
The nne weather prevailing the south, at the last
dates has doubtess had It's effect the minds Of opera
tors here, ss 1t gives brighter to the
report The decline prices at Mobile from IL to IL
for Middng" has also had its effect here, IL is
attributed want of confidence by operators there
in the very bad crop which have
rife from section particular crop
New Oresn. those OF the last Its force
argument for full yield does not stand when
pared to the year before for find the receipts the
date this 624 bales; last year 81 bales
and year before, 80 9ai bales Doubtless last
season. would have gone forward more freely At FIRST if
factors could have been into belief that the
receipts would have been under 900 900 bales II was
not uuril December, that estimates low $4,000
bales for that port con6ded in and the
oepts Of the officially stated at 70o go bales
We have always believed that the destruction last
season by the army worm in that section greatly
its existence there this there Is
doubt and the crop Ia more exposed than at that
period, to tho second advent which Is looked for in
Mssisapp about the 10th instant by those who have
made its habits study In that event not likely
TO hear Of 1t here, before the sixth proxino
IL ID the general ression tuat the crop will require
long and warm autumn to be average one-not
large orop-but an average one. The plant does not
yield agreeable to Appearances, and those who have
commenced picking hod themselves sadly
IN this particular noting also that the growth
Of the weed with its luxarance Ia foliage shades the
bottom hollis which the great bulk Of the crop will
depend this year than heretofore A correspon-
dent Columbus. Georgia writes The crop in this
section, under favorable circumstances liz very
moderate one, and with early Frost q very short
ons"-another,-" The cotton under the iuhue OF
ing, but the planters not gathering much
they the LIST September last year. aud they
port pretty generally, that they will than
one half to twothids of the quantity for which they
planted, and would have made uader favorable
stances In some neighborhoods and individual cases.
the crops are nne much beter than last year but these
exceptions are few"
The movements Of the staple since the commence
pondiDs period In the two previous seasons
follows:-
Bales
Receipts at ports Of the u since Sept ls47 l4e2a
same period last zeal. 10 557
year BEFORE. .44,76S
Exports from u s. since Sept !, isi7. .42,7oo
same period last year. 100
- year before. .25 Gas
The receipts at this port since the LIST inst have been
ZOO bales Exports $4,000 Taken by spnners $4,000.
Taken on speculation 10000 Stock in city $4,000.
Amount on sale ~, 900.
The closing quotatisnsin this market were as follows