The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-30


| ample stock on hand to supply all exigsncies
there is very little inquiry and sales continue OF
retail nature. We still quote prime mess at SO 70
as so b Dbl. r
BAcos-A very dull market and scarcely any
dfmsDd. A few sales 0t drto9iing lots Constitute
the days transactions; prices, however, remain
undisturhed. shoulders 13Gl3ls.. cle.r ribbed
sides Is ia i64e.. and clear sides lSAG1l74c. 3 b.
LARD-we continus 10 report the market IN this
article dull and quiet. sales are confined 10 small
parcels and in lobbing way. Prime Lard 10
terces is selling at lsiGl9c., in kegs at 2O92Otc.
t. n.
FREI6HTs-As the season advances the shipping
movement discloses a very heavy and steady fall
ing on. The tonnage in port on foreign and do
nestle account Is reduced 70 the summer standard,
while the demands for freight room Indicate a cor
responding or perhaps greater abatement. There
Is no steamship for Liverpool in dock at this time
and therefore il would be useless TO attempt to
furnish reliable rates in this connection. Quota
tons BY sai to Liverpool are 7l6d. for cotton. So
Sd. for corn, and -G35s. for tobacco; Lon
con 3D.. for cotton, BIS. I'd. fer tobacco. To New
York by steam and sail &c. for cotton. l4Gl5e.
for corn, 6O@75c. for -four, and So for tobacco.
To Boston by sail 31Ec. for cotton, l5Gl7c. for
corn and 65@7Oc. for dour. To Bremen by sail. IA
lc. for cotton, and 35s. for tobacco. To HaVre
by sail, J. &c. for cotton.
LIVERPOOL MARKET.-The annexed report OF
the Liverpool market for the week ending the
l2Ih inst, rs taken from Messrs. W. G. Watts j.
-
In our issue of Friday 9TH instant, We reported
small weeks business, and at the close We
quoted middling American at I'D. to Hid. for
uplaLds and Orleans. Since that date, the demand
having continued on very limited scale, prices
have steadily declined and close to-day quite un-
settled and irregular at about our quotations as
given above, which show decline during the
week Of ID. on Brazil and Egyptian, Sd. on SuraIs
and I'd. on American.
Our quotations are now, and in fact for some
urQ he horr hoon ali al La
grades Of American. for which there has been al
most no demand, and as the proportion of such in
the stock Is unusually large, tbey are freely
offered at prices relatively much lower than the
better grades.
The sales of the week. endinglast evening, sum
up IS $50 bales, of which 37,US0 were taken by
the trade, OSLO declared for export, and 1860
on speculation. In cotton TO arrive we have again
TO report a very small business. Yesterd y
American, basis Of middliHg, about due, from
Savannah, was sold at lloyd, aud Orleans, from
quay. Was sold at l0gd, aud to day Mobile, basis
n.iCdl ng. from quay at lOsd. OOmrawuttee, fair
new merchants, early Aprl sailing, we're s)d to-
day at to-, which is "a. lover than this day last
week, and about Ia. below the highest point 10
APnl.
The statistical position Of this market now aD.
pears rather more favorable for sellers than last
week. From our tab es above it will be seen the
stock here is 20S $50 bales less than last year
and there are las 600 bales less reported at sea.
making the decrease in visible supply, as com
pared with last year, 1858, $50 bales, against 30i,
1870 bales as per our last report. II We take into
account the stocks ia the American ports, at Lou
don aGd HAVE, aud the quantity a1Dat tor the
latter port the total visible supply Is now about
$50 600 bales less than last year. aud 600 iess
than the year before.
PTices-Ihe statistical position Of cotton, as we
have shown above, is nov much stronger than al
the date last year, or the year before. Prices
on on average now about Id u b. lower than al
this cate last year. Spinners here and on the con-
ilent have IN the past nine weeks taken from this
market an average of only 45 $50 bales, against an
average Of 20 55S for the preceding fifteen weeks
OF this year. and the supply in their hauds ia GER
tsiply now reduced to very near a minimum peint;
and even should the present rate of consumption
not be increased by the recent decline, il yet Sp
pears the trade, having no longer large stock Oh
hand, must soon purchase more freely. IL is also
now quite evident shipments cut Of the old Amed
Can crop are about over, and that from this TO the
close of October next the imports can but little
exceed the quantity now reported at sea. whereas
The imports from this date to the close Of October
last yeaF, rom America, were FOG 500 bales. fheu
again, advices in reference 10 the growing crop in
America, upon the whole, are rather les favOrs-
Bile than at this date last year. and moreover, the
public are not likely TO become so much alarmed
by " big crop" reports as last year and the year
before. They now have the crops OF 66 AMI 81
as q basis tor estimating the crop of the present
year, whereas heretofore their estimates were
based on large anti war crops.
lhe prospects for the grain crops, etc., IN this
country ard throughout almost the entire cont
uebt, was rarely. if ever, more favorable for an
sbuDdsnt yield than at present. All these res
sOps point TO an early improvement in the demsnd
and reaction in prices. On the other hand, the
shipments from Bombay for the past week or two
have been considerably in excess of last year,
and it is generally supposed will continue for
some weeks relatively larger than last year. Bat
the main point Of weakness is Manchester. It ap-
pears tho stock Of goods and yarns is at present
by no means excessive, but the demand, especi.
ally for shipments to distant markets, is very
limited. BY working ''short time" and decroas-
rng the production of goods and yarns. the trlde
nave gradually succeeded in widening the marx n
between the cost of the raw material aud he
value Of the manufactured article. This process.
which has now been in operation for some weeks,
bas teen trying one on this market, but the in
dcs tons that a further decline OF H. hsIe
would lead to large orders being gwen out
Manchester, which would at once be covered by
purchases here, and thus bring about a reaction