The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1856-10-11
The Cotton Trade.

TIE EXCITEMENT IN THE SOUTHERN MARKETS ADr
VANCE IN PRICEs-THE MARKETS REPoRTED SWIFT.
NEW ORLEANS, Oct 8, 1860.
The excitement in our cotton market has broken out
with renewed force, md prices are again nc. 20.
higher The sales OF the past three days have been
900 balesthese purchases sweeping the market Of
all the desirable lots Offering. To-day the sales
restricted 70 1000 bales IN consequence Of tho want
Of supplies. We quote middling at l21c. 1870.
The Sales before noted mainly speculation and
for the Continent Of Europe-chieny France. Freghs 70
Liverpool are firm, at I'd The weather has been rainy
TO day.
NEW ORLEANS, Oct. 9, 1855.
Our cotton market quiet to-day. business being
restricted to about 500 bales. MddliDg quoted at
121sc. l2Ic In other articles there is change TO
mention. The weather is wet.
MOBILE, Oct 8, 1855.
The speculative feeling In this market for cotton Is
still apparent, and the receipts taken a. fast as
they arrive at daily increasing prices. Aiddling
worth l2hc l2Xc, and entire plantations have been
sold out at these figures The rivers continue low, which
retards the receipts very materially There scarcely
pound Of cotton the market for sale. Freights
are stiff at Cloths for Liverpool.
r. J. STEWART AND co.'s CIRCULAR.
The cotton circular Of 7. Stewart Co prepared for
transmission abroad by the steamship Baltic from this
port for Liverpool to morrow Saturday. gives the fol-
lowing review Of the Market and information relative to
the CROP
Our last circular was per Atlantic 9th ult Our market
full &c higher on ali grades The demand has been chiefly
arrive ssd rssds The Nsssras '
again improved since their receipt larger advance
are ADVISED By New oreans and Mobile
4h inst Of receipts for the week equal to corresponding
he q and 8 nssD, received esgrsphic adycss Of
hee thai date not below fory Degrees
hs s % % ns ea
apprised unusually weather and that tender
frost is not confirmed The cotton plant excepting some par
1 as on oo e too 70 oS
he usual ru the Of the plant and considerable loss to
has been noted 10 iana and limited districts has
s sne se m
crop Of about 100000 bales should killing fros, occur
rains at al date Would have assured it, We have now
as
M % ee es and
5000 600 bales few still loo king for favorable
HOWELL COBB ON TIE COTTON CROP OF 1856.
PERRY, Ga, Sept 80, 1855.
The cotton crop Of the commercial year which closed
the 31et uimo, 10 estimated at 3527 846 bales the
bale weighing, according to the Liverpool standard, 8o6
pounds This perhaps is the largest crop sent TO
past few years is the crop Of 1854 which amounted to
32e bales leaving in favor of the crop Of 1885, over
ss @ bales tbs q ss
2930C that Of 1854 2S47 $780, that of 1855, 627 s45
bales making in the aggregate IL bales dividing
this aggregate by would give as IN average crop of
3l42, O23 bales. BY this estimate the crop Of 1856
ceeded an average by 36b, 1872 bales
The foregoing basis Of calculation, the question how will
he crop Of 1855 pare with that averascs am
time, must be more or less conjsctura not withstand
ing certain fscts may be collected which will render
sniwer reasonable and reliable generally Ny answer TO
the. above inquiry Is, possby two thirds e $50
bales cerany not more Lees you will perceive, than
the cop Of 1885, by 4a3le3 balcs This is largo de-
fciency large that but few buyers OF cotton sellers
Of baeging, Sny, will be disposed to admit it; however
that may be, think the causes that Will be assigned for
the deficit pcy chow that il unreasopaby large
The first 10 which shall refer was the unfavoraoe-
ness Of the spring The past winter was one Of unusual
severity and curaon consequently the spring was late
and the planting Flow and backward The ton plant
when young Is very tender Lotbng Is more injurious 70
il a, that period than raw unsettled weather
had last spripg Such weather stunts the plaut
queny much time favorable seasons and careful cul
ture required in order 10 get the plant In thrifty
unayorable sprng is followed by favorable summer, Is
nsy be overcome altogether but sooud t1e summer be
untavorabe as the past was, ss well az tho spring the
o Guilty alluded 10 becomes permanent The truth Of
this statement in the fact that weed which ordi
psrily would average four, win not now average more
ban two feet in height
The principal cause however, Of The great deficiency In
The present crop was the long and severe drought The
most favorable reason tor the growth OF the cotton plant
The cotton asun Plant The drought commenced early
the season, art extended the entire cotton sgon
With be exception Of few favored localities The month
August generally regarded the best In The grow
rg season. II is certain that good crop is not secured
by the last Of that month, (upder favorable circum.
.tsnces few days later, IL will not be realized At all
Now, according to The beet information that get and
the closest examination make. there Is fruitor
very little, aDy-hai appeared after the 10th OF August
that fTott which ordinarily matter OF anxiety with
the ia at this season OF the year. is matter Of
bot hle concern, for there very little fruit 10 mature
which little, perhaps. will not be ait c ed by frost.
The drought (Which til contnues) caused The bos 70
oTtn pre- aturey observed open bells early the
l2h Cf July and they opened very rapidly On the 3oth
q August there commenced very severe storm OF wind
and rata, which continued for twenty four hours
lweepipr nearly the entire cotton region. Tn re
much cotton open the time o. the occurrence OF
this storm as there will be at any one time during the
picking process The storm beat 81 least bali OF
The cotton then open, one half Of whi,h was lost
The picking season. so far has been very favorable and
the farmers have pressed tho picking with unusual
Dergy The consequence is that during the month Of
October, The picking will be over
The boil 10 unusually small. have been told by far
meYs who have rianed The fact that II requires egh
hundred pounds Of cotton in the reed 10 produce the
same smount In lint that ordinarily produced by fifteen
L undred pounds OF cotton 10 the seed.
HOWELL COBB.