The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-04-16


Common 40. gil
Ssho-W ~, ''''.'.''''s''s's.'' '''''''''' Y q
I lam: 80
oe@sn'
to Aessrs. Small Co., coffee brokers, l36 Grs-
vier street, for the following copy Of their weekly
Import: q RIS coa.s since Is. Of July, 1868. to
April 8, brig Ruth. to Geo. Westfsldt. 400 bags;
April IL. brig Arnold, to Albert Lamotte, 1000
bsgs; brig Arnold, to Herman Herts 4 Co.. $50
pags; brig. Arnold, 70 L. Grand Co., $50 bags;
tai receipts this season, 1909 bags. Sales for
consumption from direct importations since July
1, 1868. 81 ,lss bsgs. Stock on the llth day Of
April, 1869, $50 bssg. Sales Of The week ll0o
Il ss isi q T is "sss beg. ouot.sioSs:
eoid s duty psid isis siSlsic. COLA duty paid;
ordinary to fl. i!@l.ic:: gold dosy paid: Gold
4 FranehiAds. 5000 bsqs; Geo. Westfsldt: 45l0
& Co., $50 bsss; L. Grand & Co.. $50 bags; r.
Schroeder 3 Co., 500 bags; to order, lao bags.
Total. 49, $50 bsgs. The market closes nrm ct our
We are also indebted to Nessrs. Hay q Mehls foe
the following copy Of their weekly quotations Of
NEW ORLEANS. April IL, 1869.
Steer hides, city daughter. over IS Ms, p b.,
s seer sss ss. s g s,S:s 3
Ms, y b.. sos; COW hides. city slaughter, =
they run. y D., q; hps. city s!snshtsr, 20 70 q
Ds., . n, l2QIs; kips. city slaughter rs TO 80
Try hides, flint, 70 70 IS ibs., q n. 1000; ooun-
try hides, nint. damaged. half price Beesvsx,
prime yellow, y n, o.; OK horns, each, SOLO;
tallow, y D.. l00ll.
prices giving way. 1000 heavy steers, city
slaughter, have been taken up at &c., free on
board. Dry flint end dry salted have declined
fully TO-, end buyeS ere few.
NEW YoRx MAxxsr.-Ths subjoiued views
he Ney York cstton %srsss .s are taken from
the 9th inst. for copy Of which We ere indebted
to W. G. 6bley. EsQ., Of thu city:
The continued small receipts q the ports furnish
Py Ss As %. s's 20 v .:s
there has been a Improvement ct some points,
but this h st she expense Of the inferior stock1
and no evidence ~ an actual revival n the ~.
ceipts. VIII sueh rspn and decided telling on
arrivals ct the ports hes made necessary, while
stocks in Europe were 20 small. II b great sur
prise 20 many hat prices have not further Inn
proved. Such would evloe.ey Ave been ne re-
/ With ~ the belief amosg cousumefs Of goods
that prices must Be lower, not before at farthest
when the next crop comes IN, has taken all life
out OF the Dry goods eade. Our sptnness have
kSaso<4~
consumption. bat - yet only 10 . limited extent,
while European spinners have for SIMILAR reasons
also found Il necessary 70 make . material reduc.
ton. 6tIl, hol1ers feel Met their position is .
strong one, especially since II he's become doubt
fol whether the India crop viii como up TO last
years total. Should that crop BE- short $50 900
bales. the de0cienCy h Europs would reach over
500, 900 bales. and the only question h will the
consumption be reduced corrssPondinglys
+ Iron The Ms.pais Ava,asehs. March Isl
a. n A. 80
cotton crop Of 1868 h nearly all In or on its way
70 market, and VIII not exceed 2,300, 900 bales,
brief review Of the sit1ation may not prove uniu.
terssting to that olass Of readers who feel In.
the inclination to give Il the close study Il deserves.
Referring 70 Our statiadcs We ind that the homo
consumption Of cotton during The season Of 1878
IVES, in round numbers 100000 bales, while the
Sse. SS.s s q S..
Nov The receipts o the porte from september let
to the 10Th issSant foot up ,742 900 bses and the
exports Csc 00e bales, Against 1859 900 bales 70.
SssS '1s sss Sss st ~
bales In receipts esd 2s7 900 bales in exports-
The shipments overland are estimated ct 1884, 900
bales. which. sdded 70 lSl2 600, gives 1886 900
bales - the total receipts. The stock on hand ct
and ct interior towns 81, 0oo bales, making
tot0 OF $4,000 bales, aiding TO which
$4,000 bsles, the amount exported. We have
,466 0OO baleos which, deducted rom $50 ,O0O
bales, the receipts - shove, gives l71.000 bales
e. the amount taken By American mills. Saying
nothing Of the annual increase Of twelve per cent.
In consumption, the average for some years back,
II will be seen that American spinners have yet 70
take 623 900 bales to keep pace with last years
consumption up TO the first Of September, while
Europe, for the same reason he's to enter the mar
ket for IA 600 bales, making total Of 2,767 900
bales yet 70 be supplied. Now whore ID this cot
ton to come from! b the question that arises. II,
90 even "beavs" admit, the crop vii not exceed
2 900, goo bales, there b now 70 come forward on
" 366 900 bales, adding 10 which 602 900 bales,
the stock on hand, We have total apparent sup
ply Of e67 900 bales, which, deducted from 1877.
900 bales the amount to be furnished. gives 4oo..
600 bales q ahortass ion the Let Of next Sep.
tember. Deduct from this, n you please, 81. 900
bales. the amount Of cotton on baud ct the begin
ming Of the season, end We have eth "a apparent
shortage Of $4,000 bales, 70 which We may add
10 900 bales per week until the new crop comes 10
- the amount that will be required for
home mills. That American spinnsrs will require
% much cotton - they cid Lest year. there can be
no doubt. The home consumption thus far this
year he's averaged 1900 bales weekly. which
would make total yearly consumption Of 985 900
bales. In fact, tho problem hinges nov upon
whether Europe VIII require - much cotton -
she did last season. The probability Il, BY Gil
means, that she vil. She hes then 70 take from
this time It'll September, IA, 600 bales from Q
probable supply Of ss7 600 bales, with American
spinnsrs competing for supply Of $4,000 bales.