The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-09-13

".
Was made 1t As OTIS Whaiebons We notice sa!es OF
5OOs lbs Polar At 40 cts aud II 900 lbs mostly ~ W.
Coast in parcels ~ 20 cts cash-the market closing
firmly with probably to be had at the latter price
CaLdles-Sales Of 200 boxes sperm at "a cts, cash.
Annual Review or the New Orleans
Market, 1s49.
The annexed statemsnt OF the movements In the
staple articles Of produce In the New Orleans Market
duiDg the year ending September lst, ls49, we have
taken fro Ii the Prtee Current OF that city
Co1ToN. This leading staple Of our market has dur
lions Of the previous year but some pecua have
marked its progress. which will be found noticed in
the following summary
The opened under great depression from want
OF competition In tho demand ara from an unusual
degree Of uncertainty In respect to the supply the
IRENE estimates Of the varying more than sou 900
bales The ottled state If Europe also continued
to cte Untavorsb influence as IL curtaled the
operations Of the British manufacturers and caused
prices rule low and the stocks to accumulate In
the great markets OF England
The fret bale Of the new crop was received the
5th August being four days earlier than the hrst
rival Of the previous year and the whole quantity Of
the new crop which came to hand up TO the LIST Sep
ten Der SEA bales sganst $50 bates in 1877 lao
In 1915 $40 In lS45 and TO in 1874 and the s2les Of
crop up to the same dae barely reached GOO bales
at AL extreme range OF ca % cents per 10 AT this
time however the market had not fairly opened bus
the tendency Of prices under the depressing influence
Of accommodating stocks, adverse accounts from
abroad, and the absence OF the usual competi-
ton purchasers constantly downward until
November, when low middiing good Middling Louisa
spas and Nississippis sunk to AZ 54 cents per 10.
which The lowest point OF the season This reduc-
ton however brought buyers forward more freely and
at the close Of November the market Was arrested in
its downward progress, and for some months sub,e-
quently t was characterized by remarkable steadins
though The general tendency was toward gradual ad
The fluctuations were but slight from Noyem-
berto May and at the close Of the latter month under
the advantages Of unusually low eights aud improved
exchanges the quotations reached IN cents for
low middipg TO good mddliDg Louisiana and Missis-
sjpps In The early part of June, however the great
majority Of buyers having closed their seasons bus
and departed prices again gave way to 90 AK
began rally and In the latter OF uly
by a sudden and soniew hat speculsrive Impulse,
which appeared to be based upon unusually los stocks
continued favorable advces Il ON Europe aud adverse
accounts from the interior Respecting the growing
crops, thr rates carried up toS n9Il cents for
low niddiirg to good middiipg Al this point the
market Was left nearly bare 81 stock la first hands,
cestarily been light, though within that period still
further sdvaIc has been rraizsd, talcs have been
made ut 10 cents for low middng to good middlins
Louisinnas and MississippiS, which rates mark the
highest point Of the season: point which conceive
to have been much above the hopes of the most
sapguine and which only r.Aih.d under peculiar
circumstances. Tennessee and North Alabama cot
tone hsve met with rather more attention the past
season than during the previous years ssd toeraby
fair prices have been obtained The market for round
sts opened in March. at bA cents aud at the
OF May the quotations were ao csuts per In the
early part " June the rates gave way to 81 cents
but advanced again at tee close OF the mouth 10 So
6A cents per ID for round average lists with little
no supply left sale The seasoncloses with stock on
hand this port including all shi board clear
ed 1880 bales being the smallest stock since 1916
ofthis quantity only sbont geo bales SALE At the
close Of last the stock 81 sOl bales aud the
quantity estins ted TO be on sale was OoO bales
Among the peculisrities that have marked the
course q business during the past season, we may
mention the fact that the purcDase particularly those
fer Great Britain, have been speculative to greater
extent than usual. most Of tn. orders with txed
limits, though gradually advanced from time to time,
we're generally below the range OF market, and
thus the purchases for England we're mostly made by
Of their orders ~ere At liberty to exercise some dis
erection In respect TO prices he quality OF the Lou.
isna and Mississppi crops WAS much below ths usual
average principally from the admixture Of lesfy par
tclee and thus the proportion OF the receipts from
those sections ranging above g,od mddling has been
unusually snail aud as for really fine cottous they
could only be met with in occasional very limited
quantities The bulk Of the demand. however, has
fallen upon the middng descriptions. and in the carly
pert Of the when the best cottons received
and hen they are usually more inquired for on the
part Of buyers for the continent OF Europe aud
neglected ard the difference In price between middng
and fair was n, duced to "a = y ceut per Id As the
qualities improved and their comparative scarcity car
red tn. dnertn nee bet~een middhng aud fair to IA
~ cent per ID. while on the stu nuor grades the
ration was much greater The receipts from ZEN
mes zee aud Aabams were OF unusually good quality,
and embraced many crops that you'd compare ia
vosbly with the product OF Louisisua aud Mississippi
The total receipts at this port since LIST September
last ffomsl sources are l4I3S2 bales This amount
includes 81 ts5 bales received om Mobile aud FIorida
and from Texas by sea. That portion Of the rerN
crop which reaches via He'd River cannot b. distu
eui,hed from the product Of Louisisus Dcduotiss
Mobile, tlorida aud Texas. the remainder shows
receipts proper to be 1OsO1sT bsies. or decrease Of
81 go bales compared with isst year The total
exports during the period sre lo7 400 bales Of
Witch G45 ols bales we're clipped TO Great Britain
lss ciT to France lol s2 to the North and South Of
Iurcpe Mexico &C aud 5OS sl1 to United states ports
Including 2sco bales Western $ a'es Comparing the
exports With those OF last year End an iucress Of
lso7s bales 70 France ard OF Slo 70 the North aud
South Of Europe &c while 10 Great Britss there sa
d,cresse of zoos bales, and Of a 6t2 bales to United
States ports The total receipts st ali the ,sutic and
Sn ports up to the Latest dates
against s26 los bales to the same dates lsst year;
showing an increase Of Ss9Aoe bsles This amount,
however AZ ,houid be uuderrtDod, does not re-
pre,snt the actual crop Of tn. United Stses this
cannot be ade until the full returns Of receipts
porte .tocks, 80 concentrated at one point for
s.re 81 Years the statement Of the cotton crop has
been M sde up by the hew rors Shipping aud Cs~~sr-
eis last; aud should they retain the usual basis Of
their calculations the actual crop viii fz short Of the
receipts at the p.rs, as the stock at Augusta and
Hamburg viii BE- less than IL WAS At the close Of last
(, ABDUCTED from the receipts b.opgiog to the crop
Of year Al all events the crop VI lsss csnnes
vary very greatly from 27ooooo bales
IL will be by the above summary that the lar
rect crop ever produced In the United states has been
disposed Of leaving on band to enter toto the supply
Of the coming sessop lighter stock than has b.en
known for Years past. the whole quantity m the
Southern chipping porte IL only ~ Iva bales aud the
amount held back In tn. interior kpo-n TO DC unu-
sualy email IL is gratifying also to notice that not
Withdrawing the very goouy openiog OF the season,
and the Married depression Of prices gradual amend
has taken place with the Of the aud
that much higher range Of prices vas attained ~ the
close than the sspguine could have snncipatrd,
ss AZ A. pdsd that the suppy in view Of the
troubs state of Europe would prove excessive, vhers
a. the result tbo~s proportiopsbiy Increased CON
sumption both In Eurcps aud our o~n country The
table 81 Import Delivery Stock ke In the ~hoie "
Or, at Britain for the IN months ended the soth
' '"'' fsIo 1919
al Ia, I.cu.,v bsles . 4ye $50 45i go
In.o,t 4, !. montks ......I ,32i s5s 1,o330sr
M.hi,s . SAMMY Of .1,szloos I, tss v7
Export sir months. .il45o0 e5ooo -
~, - so,h J.ne $500. SOS $40 f3c 40
Weekly s,ersge taken for 49,.
Tbns ~ o,.r,,,v tss-r for consu ption In Grest