The south-western. [volume] (Shreveport, La.) 1852-1870, 1868-03-11
Commercial Intelligence.
SOUTH W EsTEEN OFFICE,
Shreveport, March II 1855

SOUTH ESTEKN OFFICE, !
Shreveport, March II, 1868. I
| Business for the past week has been on the wane
most probably from the paucity of buyers. Certainly
not torthe want of sellers, we have plenty of them
who have very large and well selected stocks Ou1
merchants now better supplied than at any other
time before this We do not look for much in
iuX of trade from the country for WHILE as the late
rains have flooded the country a1d put the roads in
miserable condition.
C0TTON-For the condition of our cotton market,
refer to the following:
Report OF GREGG MART1N-Tucsdav, March 10
Since the first Of January we have seldom known a
more rcR arkabe change than has been witnessed in
our cotton market The old year closed amid intense
dependency Twelve months Of incessant and ruin
GUS losses had paraiysc the commercial world and
the element Of hopeuness seemed almost extingushed
Cotton had often declined apparently in the face of
Statistics that confidence was felt in any price the
result Of which caused most factors and holders every
where to sell upo the first advance in the market be-
lcving that was but u2cc to their friends and their
interests to do So NOW for the causes Of the de-
PRESTON The tavorite estimates to. AcrcaQ cot0ns
being 100000 to 1850 900 bales for Tndl gyp
an, amount equal to last season. leaving an AGess
OF 100000 bales; Abyssnia, Brazil and other unim-
portant countries not considered In the above views
4'Sl pun ana otAci t'oItS pcCQ cnIlfclV GISaD
pointed. The month of January instead of 100 600 TO
10000 bales only from 900 S. 900 have been re-
ceved of American cotton; of India 81, 600 against
3 900 last season. and from ether minor countries in
proportion.
In connection with the above the demand for manu-
factured goods and yarns sprngng up suddenly from
Calcutta and China markets. and the trade of the i'm
mediate or adjoining country to Manchester having
been much larger than anticipated the value of
the staple went Up rapidly but not without the fear of
Its recedng which fear tor short periods created tenn
porary declines in all markets. caused in part from
the Mississippi river and its tributaries being so low
that 1t was Impossible to ship the cotton These
streams now being in good navigable order and Liver
pool being disappointed in the results it is our opinion
that the staple from that will not be enhanced
unless other countries fall short in proportion We
would, however, advise caution with our friends in the
INTERIOR not to insist largely above the present quota
tons, say 22@2514c for low midding in the New Orle
ans market, that what is to GENE may amply supply
the Market the time is short before the advent of
the staple Of other countries in the market say by st
of June. However, it is the opinion Of others that it
will go higher.
For our own city, Shreveport VIC must say sales have
been unsatisfactory both to factors and planters nuc
uations from day to day being so great that we were
not aware what another day might bring forth With
this view of the subject, and the facts as we have them
recorded and witnessed, quote as follows: