The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-11-24
Easton & Co.'s Cotton Report

rroR THE WEEK ENDING NOVEMBER 20, 1861
NEW YORK, November 21.-THE MARKET.-In
our last report tho market closed steady at for
middIing uplands. On Saturday the market was
quiet and prices were heavy and declining for all
grades except middling. Low iddliDg sold at 23kc.
The sales were 2720 bales at 2414c. Monday, the
market ops ned firmly with an active demand main;
foreign accounts. Sales 1905 bales. Middin2 24Hc.
Tuesday. thre was more pressure to sell the poor
grades, which declined to 2Sc for low middlIng.
Kidding steady at 24kc. Sales 1852 bales. Wed
nesday, a large business was done fr export, at
slightly better prices for grades below middhng.
Sales SO bales at 24Xc. Thursday, the market
opened bnoyantly, with good demand from ex-
porters which fell of later in the day with lower
gold, sales S93S bales ut 2414c. Yesterday, cable
orders to buy without limit were received early, and
there WAS very active market and prices closed
with an upward tendency at 24ho. At tins quota-
ton several contra s to deliver middng In Novem-
Der were settled. Sales 6o74 bales.
During the week our market shows an advance OF
Nc and Liverpool remains without change from
1Os<a11d. There has been an unusually large dif.
ference between middlng and the lower grades all
ths week until Thursday. Middling was quoted at
2AXc and low mddling at CSC, for several days un-
til the relative cheapness of the latter brought in
buyers for export and speculation. The sales re-
ported in transit this week amo INT to only 6SO bales
The demand for them has been light and several
lots have been forwarded on owners account The
few orders that have been received from Liverpool
and Manchester. at practicable limits have been
for immediate requirements, and necessltated snip,
ment by steamer. Very large orders from L' erpooi
are on hand at all pors but they are limited at
8aSHd and few at Sd, cost and freight The CONT
mental spinners and merchants appear to be satisfied
with the present level and the purchases on their
account are considerable. That the picking season
30 far has not been as favorable that of 1867 is
proved by the quality OF the crop that mas been
marketed.
below niddlng up to this time, while this year 1t ls
difficult to find any lots above low middling. Sci
Iers Of cotton for future delivery would do we'll to
bear this in mind. land sell contracts Tor low
middling, or on the basis OF middhng, instead OF
average middling as heretofore. There have been
received at the ports since 1st September, 64U,2I2
bales, Of which exporters have taken ~, Al; spin
ners 167152 and the stocks have increased l6l 64S
bales. Mobile, Savannah and Charleston continue
to show falling of as compared with 1867; the re-
ceps at those places show decrease OF 56 900 bales
in the past FIVE weeks The receipts are not as large
this week as was expected. and the rise IN prices
Is due to this fact. There is some truth In the re-
port that planters are not disposed to crowd their
cotton on an unwilling market, but as prices have
advanced, especially for low grades. we look for
larger receipts for the next four weeks. We hear
that tho White, Red, Arkansas aud OJachita Rivers
are low. and that cotton has been kept back on that
account.
SALES FOR FUTURE BELrvERY-The sales report
ed this week: For December aud January 300 bales
middling, 22Hc, and 20 paes low midding at 22r;
tor December lou les low middling at 22Hc; for
January 800 bales mlddlinR at 22A, 100 bales mid
ding at 23c for January and February /; II U
bales middling at 22Ac, 200 bales low middline at
22c for February 4OO bales rniddling ct 22,4c. 100
bales low middling at 22Hc at the close 23c j.
freely bid for D cember, January, February o.
March, with few sellers at 23Lc.
STATISTICAL Posrr1oN.-The stock in Liverpool is
$4,000 bales; afoat from India 243,000; ami frcGa
America $1,000 bales. Total 500 900 bales. On No
venber o. 1867, the stock was 4S3 0c0 bales aaoat
frou India 2ls.000; and from America 6,00o blles.
Total $4,000 bal s. Deficiency in visible supply.
as compared with last year, 45, 900 bales Prico Of
middlng Orleans now, d, then 8]sd stocks at all
ports in tho United sta es 1o,l68 bales less than
same time last year. Estimlted stock held by Man-
chester spnners at the mills 100000 bales. Stock in
Eavre SOh u 81 2UO bales aglnst 67 9l9 last year,
with an excess at last year Of eo9 bales.
Stock in Lonuon 9Th inst, 7lO bales against ILL.,
1S4 bales last year, with in the quantity at
sea of 81 600 bales over 1867 Average weekly con-
sumption and export at Liverpool 10 November 8.
1857, 5000 bales, and to November 5, 1868, 64G64
bales.
RECEIPTS AID ExpoR1s.-The receipts this week
have been 72648 bales against 1928 bales the