Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1856-04-03
Correspondence of the Yorkville Enquirer.
FROM CHARLESTON.


March 3lst 1866.
Messrs Editors BY reference to one of my
letters, in December last think, you will see my
prediction thahe excess of receipts ofcotton over
the receipts at! the same time last year, would
reach 800, 900 bales by the first of April, 1866
also predicted that during the Summer, the re-
ceipts of this year would fall off considerably, as
if mistake not, my estimate of the present crop
was $500, 900 bales. You will see by reference
to the Price-current of the 28th instat, TINT the
C. ces. has reached $4,000 bales-nearly mil
lion of bales received in the American ports this
year in excess of the receipts Of the last year.
My predictions as to receipts were too low. Now
it remains to be proved how my estimate Of the
crop will turn out.
The high prices will bring all the cotton in the
country to market, and the crop may be spun out
to $500, 900 bales. adhere to my former esti-
mate, however. Every condition has been favor
able to early shipments. The picking was early;
the price has been uniformly good; railroads have
extended furth into the country; and, since the
first Of December, the rivers have been in coed
boating order. Besides thes, there was another
nducement which has had no little effect For
the last two years, the planters have been caught
with their cotton on hand. and prevented from
shipping on account of low water. Again, the up
per Mississippi, Ohio and Missouri rivers have
been frozen so tightly that the boats could not get
to the inland cities for produce, and were COM
PEELED either to remain idle or 60 up the Southern
rivers and take out cotton. Nearly 1900, 900
bales have already been received, and my impress
sion now is that not more than 6OO 900 bales more
will be received up to the first of September. This
will be 23s, 900 bales over the largest crop yet
made.
Notwithstanding the heavy receipts and large
exports, you will observe that the stock Of cotton
is for from heavy, at any Of the ports-in Liver
pool the stock is lighter than usual, and at the
North the same remark is made. This shows that
the consumption is equal to the production, and
that the present good prices may be maintained in
spite of the abundant crop.
The quotations here to-day are not quite so good
as before the arrival of the Canada. She reports
quiet market, with decline of Id. on lower
grades. This, coming at a time when peace is
about to be signed, is deemed rather unfavorable.
No one looks for decline but it was very cur
rent idea that, at the conclusion of peace, prices
would advance to very high figure. The quota
tions are about 81 to l0i. A very common article
will bring the former; and very fine quality,
the latter. Your York cotton would sell at from
81 to 10! cents.
The prospects for breadstufs are very fair. Our
market has been well supplied, AMI prices have de-
clned to point at which think we may expect
some stability and frmness. Flour still sells here
at about S7.25@Ss.25 per barrell. There is no
demand for export but receipts are light and not
beyond the demand for city consumption. Corn
has gone down to point which will prevent ship
ments from the country, and we must either re-
ceive supply from the coast Of North Carolina,
or advance the prices. No''e1port demand for
corn. Wheat is still bringing good price-a
prime article, worth SLIGO per bushel.
In Europe there hos been q slight Improvement