The south-western. [volume] (Shreveport, La.) 1852-1870, 1867-11-20
Commercial Intelligence.
SOUTH " EsTERN OFFICE,

Shreveport, Nov. %, 1867. {
Business during the past week has improved little
among our jobbers by orders from the country. As
vet but few country merchants have ventured n but
the epidemic is considered virtually over, may
shortly anticipate 4 brisk trade.
CorToH-For q statement of our cotton market we
refer to the following
REPORT OF GREGG l. MAaTIN-Tuesday, November 49,
As the yellow fever has abated in our city, and the
business Of another is fully upon u.s. it may
not be out of place to give full report Of our
cotton market and its future prospects, From the
force Of circumstances has been the province of the
writer to watch closely the cotton market since the
render of the c. s. armies and seek all information
on the subject possible. Since November 1865 it is
we'll known fact that cotton has been gradually decin-
ing like water seeking its leveIand at what point it
will stop remains yet to be seem The great effort and
energy used by foreign powers during and since our
civil TO extend the culture of cotton in their own
country, has proved a success beyond the conception
of most of our best business men, and among many
planters fact yet be realised It is now evident
that the American cotton plays but small part in the
cotton market Of the world and unless better system
Of labor than that Of the past three years be
cured and the crushing force Of the internal
tax removed, cotton growing will soon be among the
things that were, in this, queen Of cotton
lands. In answer to sundry communications, asking
our opinion relative to the future price of cotton,
would state that cotton is huge thing in which all
the world is or less interested and that our opin-
ion only be based upon observation and nforna-
ion by chance, received from of the important
mart8 Of the worldand may be very erroneous
which we hope it will prove. It has been our opinion
for some time past frequently given in private let
tiers to correspondents that there is confidence to
be placed in the future of cotton; that it would not
vary materially from quotations since the first Of
September, and that the evidences in favor of
further decline. Our last kilograms very unfayora-
bic from the manufacturing dstricts-socks of goods
unsold increasing and prices depressed The effect
has been produce further decline in Liverpool Of
d., in New York 101I15c. and in New Orleans C..
Quotations in New Orleans Low middIing l6tGc and
Orleans middIng 1711c. In this market but few bales
have changed hands, upon the basis of ~ z(G4c for
good ordinary and low midding, upon the streets.
being sold from factors tables.
Although the river is low, we have several small
boats running taking all the cotton that is offered at
five dollars bale appears to us, the dirt roads
are now in good order, and the railroad Marshall
has been greatly improved and is in good condi-
ton to transport all freights offered that it is a very
propous time for planters to forward their produce
to market, it is possible time may eIapse be-
fore the river will rise sufficiently TO reduce the freight.
COTTON STATEMENT.
Stock on hand Sept !, l8G1......... bales. 7G4
Received from interior this week 49,. ..... 20
Received previously 308-l7S7
z55l
Shipped this week Observation-Disclosures. 179
Stock on bard NEUTRALITY-SUSPICIOUS.. 1914