The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-27


CoTTON-The movement IN the lesdisg staple
has disclosed unusual apathy from the opening 70
the close of the week ending this evening. Oner-
ings have been exceedingly light throughout. and
the demand has been generally of a more re-
stTicted character than we have heretofore no.
tced at any time during the present commercial
year. Prices also have been iri ocular aud un-
satisfactory and the total operations exhibit an
almost incredible falling off even for this ad-
vBnced period OF the business season. The con-
fictiDg sdvces received from Liverpool and New
YUrk have rendered buyers especially cautious,
hIle the reduced character of the STOCK has
caused factors 10 be less willing to press sales.
For better understanding Of the condition Of
market, however, we subjoin some extracts from
our daily reports. viz:
Saturday June 20.-The movement in
the leading staple steadily inclines In
favor Of holders and factors. Under still
further favorable advices from Liverpool
and New York to-day, prices have again adj
vsnced here fully &c. ~ ID, and as the demand for
both the foreign and domestic markets wa active
throughout tor Saturday, sales would doubtless
have been heavy but for the very meager chsrac'
ter 81 the Offering supply. As II was, however,
only 24O bales changed hands, at the improve
ment noticed above.
Monddy, June 22-The market has been st
comparative stand still throughout the
day. The supply and demand were
at no time better than nominal. and
the few buyers who made any inquiries de-
msnded concessions, 10 view Of the less favorable
tone of the New York and Liverpool adyices,
which holders and factors uniformly re listed. Ope-
rstions have been restricted TO las bales, at Sat
urdays quotations, which, however. can no
loDser be regarded as better than approximating
figures.
Tuesday June 23-Busiuess has been almost
wholly suspended to-day. the advices
received from Liverpool and New York
up 10 the close of the market indi-
| Gated steadily increasing weakness st
both of he latter points. and the inquiry on the
| part Of the few wOuld.be buyers who appeared
upon the street was exclusively predicated upon
| lower figures; factors, however, have Manifested
disposition to reduce prices, and the total sales
for the day have been restricted to 80 bales.
Wednesday, June "a - The movement in
| the leading staple is still almost wholly
suspended Operations to-day amounted 10
| only some so bales IN several small
lots at barely nominal prices. Advices
from Liverpool aud New FORK continue discogr-
| aging, and buyers refuse 10 operate except at
heavy concessions. while holders and factors with
hold their supplies in view Of the almost total ex-
hsnstion Of the remnant OF the stock.
Thursday. June rs. - With more encour-
| aging advices from Liverpool and New
York to-day our market has resumed its
former & mness. Several foreign and do
nestle orders we're at hand. pTedcated upon
| lower figures but holders appeared tn be inexor-
| able and the total operations amounted TO only
6l7 bales at improved rates, hut At too Irregular
| prices TO justify any publication Of reliable or
even closely spproximatiDg quotations.
Ffidoy, June 26-ro.dsy factors aud holders
have been considerably elate6 by further cheer
ing intelligence from Liverpool and New York.
| Pro e. OF all grades have been again enhanced.
| and with an improved demand the movement IS
been restricted only by the high pretensions of
holders. As IL was, however offerings we're quite
limited and operations we're confined to 1874 bsIes-
divided among four buyers. The market has as
sumed some stesdness this eve ing and we now
| quote good ordinary at 263c., low middling 27Ac.
| and middlinR 29c. The above indicate bot lutte
| II any alteration a. compared with the ruling
| figures Friday evening, the 18th inst. The total
| sales OF the week foot up only 1899 bales against
| 4l6l bale. lsstweek and 345l bales The week be-
fore. The net receipts amounted to 4s9 bales,
! against 3s7 bales last week. showing an increase
/ OF l02 bales and SIS bales receipts the week be-
| fore. The aggregate exports we're $3.50 bales,
| against 2l05 bales last week. and 1873 bales the
| week before and the stock on hand and on ship
board not cleared this evening is 9l9S bales,
against s624 bales last week, aud 10, 235 bales at
| he close Of the previous week. The exports for
| the week have been divided as follows, VIZ $40
bales for Liverpool 99s bales for Boston, 1888 tor
| New York and 1919 bales for Hsvre.