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

vas perhaps the most prosperous season ever known
msrimun Of ornsuuprion has also Sssn attended ~
material advance IN trc~s aud the last quoeatsn for
niddliDg cotton 81 Liverpool WAS Sxa. or I'd shovs
the l~vsst point Of the The quantity taken
speculation st Liverpool alone fson January Lat 70
August 3D. ls4e SOS $40 bales against only 50 $50
hsles during the sans period the previous year At
Hsvrs the delivery for ption for the frat six
months Of the current year amounted to 1891 bs~
.xseesins the qu.nsity taken IN the same time the
The United States the quantity take ptiou
vary much from $50 600 GALES though the Ns~
York Cotton Statement will doubtless It cousidea
bly, lees. that not include any cotton maui
factursd in the states south aud Of Virginia."
Having thus traced the progress Of during
the psst from its opening is CLOSE. 70 nov
O. the point which clatms reference TO
the probable prospects Of the coming year The
ton Ut supply In view Of the increase Of ption
has again become Of paramount importance, aud Il
likely to challenge closer scrutiny than for
uncertainty. particularly 1T early period of the
this; aud the indulgence in anything like do
many vicisstudes may st arise to the advantage
or disadvantage Of the growing crops. We thi0k 1t
may be safely asserted however that. what with the
frosts Of April which. by rendering replxutug
sary important extent. retarded the progress of
cultivation several weeks In some sections, and
the excessive rains OF July which washed the hills,
flooded the owands aud kept tho grass and weeds rank
in fields and still fort her. the rscsnt destructive
overflow ON Red River-thers can hardly bs . doubt
that the total product Of the present will fall
short OF the last by several hundred thousand bales
This conviction with the greatly enhanced prices
the cose Of the it is tie BIZ unprecedented may
give rise to rather extrsvssant expectations on the
part OF planters which may perhaps be productive OF
ppoint should bs borne in mi nd that Eu
rop. Affairs still in q very unsettled state and
that gr at enhancement OF prices must inevitably
check the ratio OF consumption Nevertheless with
the experience OF the past year Ia view. and In
duigiDK in reasonable estimate Of future pro pecs,
there to be strong grounds for the belief that the
rates for the coming crop must attain . much CHER
average than realised for the product u the past
season 1t may be noted rs an encou aging feature
hat M of And mt
give favor able PROMISE and is to be- hoped that other
elements viii not be wanting to insure the realisation
The first bale Of the present years. growth was re.
ceved the 1th August. from tho interior ~ this
first bale Of the previous year. but IL until the
18th August that any further portion Of the crop
to hand and the total receipts Of the crop
this late Only AT bales being the smallest quantity
for except in the short crop year lS4o
when the receipts Of crop to LIST September
only l40 balss. These rsuiarkably light arrivals, In
view Of the comparatively high prices that obtain
able ne considered fully oorroborating The gen
ersl that the crop very back ward aud this
fact will have its influence with parties iats
rested In forming their estimates Of the probable
duct The quality Of the new supplies thus far this
UGH perior those of last aud
they give warrant for the expectation OF
higher average Classification than attained for
crop of 1913 he sales Of crop up to this date
amount to 200 bales a range OF lOh ai2 cents for
Good Midopg to Good Fair with some fancy parcels
l3al4 cents per ID
In addition to the causes already enumerated ope
rating against the production Of . full crop past
few days have brought Intelligence that the boil
Is quite destructive in many sections ana that in
raj portions of Louisiana aud MissiRsppi rpars
have appeared upon the plants which Ia feared may
prove the same species OF worm that committed such
revsges In le36. IL s drvoutly to be hoped however
that tba may not be the at tn. late
of their appearance and favorable in the
weather (Which has thus far been vst will
prevent the plishmtnt of very extensive
Some two three weeks perhaps ess) will determine
this important point.
STATEMENT COTTON.
Stock hand let Sept 1s4S.. Bales 81, 40l
Arrived since the 2bth utimo. 2057
Arrived preNiously. .......... HIP 22s