The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1869-04-03

CONSUMPTION AND 6PBCULATIoN--The main
cause for the want Of lf in the cotton market for
ceipts and the small stock at Liverpool) may be
found In the indisposition manifested among buy.
ers Of goods beth here and abroad, to lay In more
goods at present prices than their necessities re.
quire. This indsposition arises not from the fact
tat stocks in distributors hands are large, for on
the contrary they are very SMALL but, as We
have frequently before stated, IL arises from the
belief, which is general among consumers, that
the price OF cotton Is to be lower before another
winter at farthest and the fear therefore, that the
decline may come very soon. Hence the present
dullness In the dry goods trade Of this city. There
Is more life this week in some departments Of Il,
confined to the classes Of goods IN which cot.
ton is not the chief value. Prints (all ex-
cept few fancy styles) have been extremely
dull and lower, while brown and bIeached
msrkettbs during previous weeks. Our sdvices,
too, from Europe, represent the same influences
at work, producing the same results. Under these
circumstances. spinners and exporters cannot
make large purchases and the trade consequently
languishes. Another influence unfavorable to the
market at the present time is the large amount Of
cotton being carried on margins. Although hold
ers have been firm, and have shown great strength
during past weeks, this long continued inactivity
and failure Of Liverpool to respond to our small
receipts, Is beginning to tell upon the bankers
who are carrying the cotton for their customers.
We hear, therefore, that calls are being made by
them upon their customers 10 increase their mar
gins. This is leading holders to be little more
sensitive to dull reports BY cable, resulting in their
being free sellers on dull market. Should Liver
pool continue for few weeks more 70 show no
sign Of reviving trade, is felt these speculative
holders might find II necessary to unload little
as TO further depress the market, and then spin
ners and exporters think they could come in to
advantage. These are ct present the leading In
fiuences ct work operating against the upward
movement 10 cotton which many have 90 long ex-
pected-[N. Y. Com. Bulletin, March IL.
SHREVEPORT MARKEr-H from the guam
tity Of cotton received in Shreveport
the past three weeks we are to estimate
the crop, the figures would fall far short the
number OF bales already recorded. The causes
with us are well known, bad roads, attention to
new crops, etc. These causes however, will not
applylo other States, whose domains are spanned
with railroads; their crops are well in.f
The opinion 20 long entertained by the cotton
prophets, that two and three-qusrter million bales
would be realized IN the present crop, ID losing
confidence In their minds and now entertained
with plausible msgivngs. That this crop will fall
short Of the one of last year has yet to get pre-
dominance In their estimates. II this opinion gets
foothold IL will TO some degree influence prices
upward from the present quotations; that before
the close Of the present commercial year 1t will
touch thirty-ive cents ID entertained by some New
York merchants. We think its movement an en-
igms. Prices since our last review have stiffened
and advanced fully ree-quarters OF . cent, with
still IN upward tendency.-I Thurmond q Bowles
Price Current, March "a. es17