The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-03-02
Easton & Co.'s cotton Report.

FOR TIE WEEK ENDING FhBHUAhh <o 1ooSl
NEW YORK, February 81 The MARKET-In our
last report he market closed heavy at 2S1in29c Tor
mddling uplanus. saturday there was feelins
that prices could not be pushed much lower and
bu, ers camo in. There was but little fered, aud
tho market hardened aud closed very roug at 2sc
for mlddlips SaIes SlS1 bales. Monday was u close
holiday here. tuesday the receipts pointed 10 con-
sidtrabe falling oil from last week aud th" Liver
puol advices showed I'd advance. lie demand mere
revived and The market closed &c gder. Sales
1887 Rules uiddliug 292<c. "Wednesday the receipts
C ,ptinued light and tie L,ye pool Rrws WIS dsar-
pointing. lhc market closed dull al d lower. sales
lt77 bales At 291tc. thursday The m4rke was quiet,
but there was no pressure to sel most oi the specu
latve holders having sold out last week. lu the
afternoon there IRE demand for low nidd ings
tu cover contracts 2S7sc was paid. quick dclIy-
cry sales $40 bales at 29Ac.
buying less tba, the oonsN lpton, and tho reserve
at he mills is now reduced to $4,000 oales. They
have been encouraged to do this bf large crop estl-
mates from this side, and by reports that planters
were hodi g back their totton. was thought that
by resisting the advance tie planters anu other
owners OF cotton Oh This side would be rcco 10
aud sell s.S to be aG1assa dict yns .s0 tSsr
course not it is impossible to say, but we
should think that the 1acts now beio tneln would
cony ince them that they had zen mlsled Ill rega d
to tho situation on this side. For The hrsL TWO
mouths 1858 hey bought freely. and they held on
LIST March about 900 oales ut the lnllls The con-
sumptl n On lst February, 1863, was estimated at
SIS UIO weekly for Great Britain. We lro informed
that there has en no reduction plnce, and THIS we
are inclined to be ieve from the fact hat goods con-
tinue dull. In d, ecu her last, when h're was SOME
talk Of reduction buyers oil OILS Immediately enter
cd he market and prices ADVANCED so mu mat
short time" was abandoned. II there had been
any movement i'll that direcii DDS would have
improved, besides should lave heurd OF It by ca
bic. We. therefore, feel justified IN placing the con-
SUMPTION and the reserve in the mills as above
stared.
On the 18th December the receipts showed an ex-
cess as compared with the previous year, 1872. PSI
bales We then said hat we should III be SUPP >s:u
to see continued tIlling of aud that VIC houPht
the totals on 1st March would show Ver' httle II
apy excess over last ycar-iha time has now arrv.
ed-an tue result has proved that our mi rmit1on
OIL the subject was correct The excess has dlsa,
peared and there is def it Of 0947 bales as COM
pared with ses. The receil Ia in March. last var,
were as ilows: 9Th II. .45l; 18th, 65 os2; 2Oh Sd
2l0; 9Th, 43. .632; to:ai, 245 375 b les we expect
that the receipts tins March will be at least 4o w
bales les not because planters NH uo,d oncK, out
because tuere Is CO.. anly less ccton IN the country
to como in
In tho early part of this season tho continental
spinner bought tree here aud IN the South at m d.
crate prices. They also av lied themsel'e Oh the
opportunity ofe ed by tho "beais" and TOOK largely
OF short CONTRACTS ut low prlcts. Snco lst j. uuary
they have bought but little aud their stocks are -n
pina down, both a, the ports and the mi ls On lss
Frbrua hr stocks wer" reported to be u 60 oae'
against 103 sos bales. They lave taken ON ing
land since lot January only 72 UG5 aes anst 12O
6s1 bues last year. and tho -hipm- ds from this
country for the pist two months were 0.e65 aga st
JIG 5G6 balos As there has been duction IN tho
consumption We expect much larger continental
demand soon.
here has been but litto variation in the markets
during hs week. Our prices. Notwithstanding fall
Of two points IN gold. close &c ABOVE those OF last
Friday. Llve:pooI is I'd hisher. The strugg be-
tween the American Dolders unG the Manchester
spinners still continues. he former are confident
thar the short ~! ply will caus' I'm cvanoe sooner
or later; and Manchester, never having b;en beaten
bef re- is 10th to give in. hero have been eceved
ut the ports nee lst september 6i0924 bales, OF
which ex Joriers have tken S65 1867 spinn' r., AGA
763 aud tho stocks have increased $40 965 ba es d..
aci in receipts, Us compared with last yeai. 10 s47
bales. Deficit in shipments TO Liverpool now l6O,-